| Revenue growth | Consolidated: 14% FY26; Standalone: 10% FY26. |
|---|---|
| Margins | EBITDA margins down; FY26 Consolidated at 7.7% vs 8.7% YoY. |
| Demand visibility | Positive outlook for global steel demand and infrastructure investments. |
| Management confidence | Confident in domestic growth and recovering international markets for FY27. |
Growth
FY26 Consolidated Revenue up 14%, EBITDA flat (0% growth) at ₹146 cr. Standalone Revenue up 10% YoY.
Outlook
Planned capex of ₹600-650 cr for Greenfield projects in Odisha and Gujarat; target operational by FY28-29.
Risks
Margins impacted by elevated raw material costs, higher employee expenses, and subdued export demand due to geopolitics.
Earnings Call filed with NSE, NSE: IFGLEXPOR. Summary written with AI assistance from the document.
IFGL Refractories Ltd: key numbers
- Share price
- ₹183.05
- Market cap
- ₹1,319 Cr
- Revenue (annual)
- ₹1,894 Cr
- Net profit (annual)
- ₹34.70 Cr
- P/E (TTM)
- 32.2×Sector 53.9×
- Promoter holding
- 72.43%+0.00% QoQ
- FII holding
- 0.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from IFGL Refractories Ltd
All →IFGL Refractories Other Announcement
IFGL Refractories sent reminders to shareholders holding physical shares, urging them to update mandatory PAN, KYC, and nomination details as per SEBI circulars.
IFGL Refractories Annual General Meeting
IFGL Refractories Ltd issued a Postal Ballot Notice to seek shareholder approval for the appointment of Mr. Mukesh Harshadrai Rawal as Whole-time Director and CEO.
IFGL Refractories Other Announcement
IFGL Refractories Limited has received an unsolicited 'CRISIL ESG 54' rating from Crisil ESG Ratings & Analytics Limited, classified under the Adequate category.
IFGL Refractories Business Update
IFGL Refractories Limited has received renewed ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications from TÜV NORD CERT GmbH. The certificates cover its manufacturing and corporate facilities until September 2029.
- Execution
- Renewed for the period 2nd September, 2026 to 1st September, 2029
IFGL Refractories Credit Rating
ICRA has reaffirmed the credit ratings for IFGL Refractories' long-term and short-term credit facilities, aggregating to ₹273 Crore. The ratings remain stable.
- Value
- ₹273.0 Cr
IFGL Refractories Management Change
IFGL Refractories has promoted Mr. Ashok Kumar Kedia and Mr. Frank Mitchell as Co-Presidents of its US subsidiary, Mono Ceramics Inc, effective August 16, 2026.