| Revenue growth | FY26 consolidated revenue up 14% YoY to ₹1,904 crore. |
|---|---|
| Margins | EBITDA margins moderated to 7.7% due to product mix and costs. |
| Order book | Order book activity improving in UK and European operations. |
| Demand visibility | Strong domestic steel demand; gradual recovery expected in Europe and USA. |
| Management confidence | Balanced tone focusing on domestic stability and international turnarounds. |
Growth
Revenue grew 14% YoY in FY26, primarily driven by 20% domestic growth, despite a 11% decline in exports.
Outlook
Targeting double-digit volume growth for FY27; aiming for Monocon break-even by Q4 FY27.
Risks
Persistent pressure from elevated raw material and shipping costs; high dependence on imported natural minerals.
Earnings Call filed with BSE, 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.