Ifgl Refractories Ltd Stock Price Today (NSE: IFGLEXPOR)

Ifgl Refractories Ltd

193.050.53 (0.27%)
Market Open

Fundamental Score

...

Ifgl Refractories Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ifgl Refractories Ltd share price today is 193.05, down 0.27% on NSE/BSE as of 17 June 2026. Ifgl Refractories Ltd (IFGLEXPOR) is a Small-cap company in the Electrodes & Refractories sector with a market capitalisation of 1.59K (Cr). The 52-week high for IFGLEXPOR share price is 580.00 and the 52-week low is 119.68. At a P/E ratio of 53.54x, IFGLEXPOR is currently trading above its industry average P/E of 39.96x. The company has a Return on Equity (ROE) of 3.94% and a debt-to-equity ratio of 0.19.

Ifgl Refractories Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
202.00
Low
151.25
Volume
37.4K
Change
-10.57%

Ifgl Refractories Ltd share price chart: -10.57% return over the past month. 52-week high ₹580.00, 52-week low ₹119.68.

Ifgl Refractories Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
177.10205.00177.10194.4616.60L (Cr)
175.00180.13175.00176.4732.16K (Cr)
173.71182.39170.00174.6952.98K (Cr)
173.71173.71173.71173.710.00 (Cr)
176.80177.72172.13173.7124.62K (Cr)
175.11180.02172.10174.7515.77K (Cr)
170.60179.90170.60176.1427.62K (Cr)
171.00173.99168.55169.5521.28K (Cr)
168.05170.00165.00167.699.59K (Cr)
161.08170.00158.00166.2318.79K (Cr)

Ifgl Refractories Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
175.00205.00175.00194.46+11.12%
191.50199.97151.25174.69-8.78%
126.00202.00126.00189.83+50.66%
163.00168.79119.68123.00-24.54%
177.30197.65166.21171.03-3.54%
208.46217.37165.61183.91-11.78%
218.52219.99189.01208.46-4.60%
246.50252.97210.35219.10-11.12%
288.95338.00246.30247.40-14.38%
243.00298.60236.00294.49+21.19%
233.80284.40217.90239.65+2.50%
526.26580.00230.50233.80-55.57%

AI Research Briefing

Powered by Gemini · 2026-04-08

Succession risk and rich valuation make this a risky bet on a steel sector rebound.

Research Confidence
5.0/10Moderate
OPERATOR-DRIVENBreakdown. 1M: -12.35%, 3M: -9.0%, 6M: -16.05% [cite: brief]Expensive (P/E of 53.54x vs Industry P/E of 39.96x) [cite: brief]

WHAT'S HAPPENING NOW (last 2-4 weeks)

IFGL Refractories saw its CEO, Arasu Shanmugam, resign effective April 6, 2026. The company sought shareholder approval for the Chairman's son to be appointed as MD. Operations at the Kandla facility have resumed following LPG supply restoration.

CORE STORY (THE REAL GAME)

Succession play combined with a cyclical upturn in steel production. Market is trying to figure out if the new management can maintain or improve margins.

Why Now
  • CEO resignation introduces uncertainty
  • Shareholder vote on new MD adds to the succession narrative
  • Resumption of operations at Kandla facility is a positive sign
Potential Catalysts
  • Successful leadership transition
  • Strong Q4 FY26 results
  • Positive outlook for the steel sector
Key Risks
  • Small-cap liquidity risk
  • Rich valuation (P/E of 53.54x vs Industry P/E of 39.96x)
  • Negative Free Cash Flow 5Y: ₹-108.4 Cr
Institutional Activity

FII and DII holdings are minimal and decreasing slightly [cite: brief]. Promoter holding is stable at a high level [cite: brief].

Macro Context

Global steel demand is a key driver. Any slowdown in infrastructure spending globally will hurt.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-108.4 Cr [cite: brief]

3–6 Month Outlook

Next 3-6 months will be driven by Q4 results and the new MD's strategy. Watch for margin improvement and order wins.

Primary Thesis Risk

Failed leadership transition derails operational improvements.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.94%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.71%

Returns generated on total capital deployed

Average

Oper. Profit Margin (5Y Avg)

10.58%

Average operating profit margin over 5 years

Good

Dividend Yield

1.61%

Annual dividend as % of current share price

Ifgl Refractories Ltd Valuation Check

Poor

Price to Earnings (P/E)

53.54x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

39.96x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

72.43%

% shares held by company founders/management

Poor

FII Holding

0.03%

% shares held by foreign institutional investors

Good

DII Holding

13.51%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

5.05%

Net profit growth vs same quarter last year

Good

Revenue Growth (Quarterly YoY)

18.85%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.50%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

7.07%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

7.07%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.19x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.69x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-108.40 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ifgl Refractories Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of IFGLEXPOR across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Strong Revenue Growth (18.85%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (12.50% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.19)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (72.43%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Below-Average Return on Equity (3.94%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.71%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 53.54x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Negative Free Cash Flow (₹-108.40 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Ifgl Refractories Ltd vs Electrodes & Refractories Peers

Peer Comparison - Electrodes & Refractories

Compare Ifgl Refractories Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
35.4/100
193
₹1592.76
53.5
Average
3.94%
Poor
5.71%
Poor
0.2
Excellent
7.07%
Good
12.50%
Good
1.61%
49.7/100
747
₹10744.66
44.6
Average
8.00%
Poor
10.11%
Average
0.1
Excellent
59.18%
Excellent
-3.72%
Poor
2.00%
55.6/100
580
₹10076.31
39.1
Average
2.59%
Poor
3.96%
Poor
0.1
Excellent
92.28%
Excellent
0.12%
Average
0.34%
63.7/100
475
₹9742.06
40.0
Average
19.30%
Good
25.47%
Excellent
0.0
Excellent
24.24%
Excellent
16.07%
Excellent
0.30%
43.1/100
414
₹9589.93
61.0
Average
5.19%
Poor
7.06%
Poor
0.1
Excellent
8.44%
Good
21.50%
Excellent
0.54%
54/100
966
₹4676.50
102.9
Average
20.51%
Excellent
25.80%
Excellent
0.0
Excellent
0.10%
67.7/100
557
₹1187.33
67.5
Average
53.30%
Excellent
61.16%
Excellent
0.0
Excellent
113.99%
Excellent
81.12%
Excellent
0.00%
54.4/100
49
₹859.94
34.0
Average
21.35%
Excellent
30.39%
Excellent
0.0
Excellent
16.21%
Excellent
6.26%
Good
3.19%
37.7/100
42
₹522.07
30.8
Average
3.54%
Poor
6.17%
Poor
0.2
Excellent
0.58%
36.8/100
732
₹364.92
137.7
Average
1.84%
Poor
0.88%
Poor
0.0
Excellent
-22.86%
Poor
7.29%
Good
0.00%
56.8/100
481
₹238.58
10.8
Average
12.66%
Average
17.00%
Good
0.0
Excellent
4.20%
Average
3.71%
Average
2.41%

Ifgl Refractories Ltd PE Ratio History

Historical price-to-earnings ratio for IFGLEXPOR — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20255.96₹208.4634.9x
FY 202411.33₹453.7040x
FY 202310.99₹799.4072.7x
FY 202210.75₹261.5424.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Ifgl Refractories Ltd Dividend History

Annual cash dividends paid by IFGLEXPOR — dividend yield 1.61%

Financial YearDividends Paid (₹ Cr)
FY 202525.23 Cr
FY 202425.23 Cr
FY 202325.23 Cr
FY 202236.04 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Ifgl Refractories Ltd Quarterly Performance

Latest quarterly metrics for IFGLEXPOR — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

18.85%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

5.05%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.50%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

7.07%

Compounded annual net profit growth over 5 years

Ifgl Refractories Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for IFGLEXPOR — calculated from daily price history

36RSI 14
Neutral — RSI 36

Momentum is balanced — neither overbought nor oversold.

SMA 50
166
▲ Price above SMA 50 — Short-term bullish
SMA 200
207
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
41K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Ifgl Refractories Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ifgl Refractories Ltd (IFGLEXPOR) — sourced from NSE/BSE filings.

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Fetching financial data for Ifgl Refractories Ltd

About IFGLEXPOR (Ifgl Refractories Ltd)

Ifgl Refractories Ltd is a leading global manufacturer and supplier of specialized refractories, essential components that line high-temperature industrial furnaces and vessels. Wi...th a strong foothold in the iron and steel industry, IFGL plays a critical role in ensuring the efficiency and longevity of these crucial production processes. Their expertise extends beyond simple brick and mortar, encompassing advanced refractory solutions tailored to the unique demands of modern steelmaking. From the initial stages of iron ore processing to the final refining of molten steel, IFGL's products withstand extreme temperatures, corrosive environments, and abrasive forces, safeguarding equipment and optimizing production yields. This comprehensive approach positions IFGL as a trusted partner for steel plants seeking to enhance performance and minimize operational downtime. IFGL's product portfolio spans a wide spectrum of refractory applications, including specialized linings for blast furnaces, electric arc furnaces, and steel ladles. Their innovative designs and advanced material formulations cater to the specific challenges presented by each stage of the steelmaking process. They offer everything from high-performance monolithic refractories to pre-cast shapes designed for rapid installation and optimal thermal performance. Furthermore, IFGL’s offerings extend to critical steelmaking accessories such as lances used in desulphurization processes and specialized fluxes that aid in the removal of impurities from molten metal. By providing a complete suite of refractory solutions, IFGL enables steelmakers to streamline their operations and improve the quality of their finished products. Operating on a global scale, Ifgl Refractories Ltd serves a diverse customer base, providing localized technical support and ensuring reliable supply chains. Their commitment to research and development is at the heart of their success, driving the creation of cutting-edge refractory materials that meet the evolving needs of the iron and steel industry. Through continuous innovation and a dedication to quality, IFGL is consistently at the forefront of refractory technology. This proactive approach allows IFGL to anticipate future trends, like those towards higher steel purities and more aggressive steelmaking conditions, ensuring they provide their customers with the most advanced and effective solutions available. This focus solidifies their reputation as a trusted partner and leader in the global refractories market.

Company Details

Symbol:IFGLEXPOR
Industry:Electrodes & Refractories
Sector:Electrodes & Refractories

Key Leadership

Mr. Shishir Kumar Bajoria
Executive Chairman
Mr. Arasu Shanmugam
CEO India & Whole-Time Director
Mr. Amit Agarwal
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

IFGLEXPOR Share Price: Frequently Asked Questions

What is the current share price of Ifgl Refractories Ltd?

Ifgl Refractories Ltd (IFGLEXPOR) trades at ₹193.05 on NSE and BSE. Market cap ₹1.59K (Cr). Educational data only.

What is the P/E ratio of Ifgl Refractories Ltd?

Ifgl Refractories Ltd has a P/E of 53.54x vs industry average 39.96x.

What is the Bull Run score for Ifgl Refractories Ltd?

Ifgl Refractories Ltd has a Bull Run score of 35.4/100 based on 25+ financial parameters.

Does Ifgl Refractories Ltd pay dividends?

Ifgl Refractories Ltd has a dividend yield of 1.61%. Past dividends don't guarantee future payments.

What is the ROE of Ifgl Refractories Ltd?

Ifgl Refractories Ltd has ROE of 3.94%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ifgl Refractories Ltd?

Ifgl Refractories Ltd has debt-to-equity of 0.19.

Is Ifgl Refractories Ltd a good investment?

Bull Run gives Ifgl Refractories Ltd a score of 35.4/100. This is not investment advice — consult a SEBI-registered advisor.