REFRACTORY SHAPES Stock Price Today (NSE: REFRACTORY)

REFRACTORY SHAPES

32.00+0.00 (+0.00%)
Market Open

Fundamental Score

...

REFRACTORY SHAPES Share Price — Live NSE/BSE Price, Fundamentals & Analysis

REFRACTORY SHAPES share price today is 32.00, up +0.00% on NSE/BSE as of 17 June 2026. REFRACTORY SHAPES (REFRACTORY) is a Small-cap company in the Electrodes & Refractories sector with a market capitalisation of 109.00 (Cr). The 52-week high for REFRACTORY share price is 68.90 and the 52-week low is 28.90. At a P/E ratio of 14.73x, REFRACTORY is currently trading below its industry average P/E of 39.96x. The company has a Return on Equity (ROE) of 18.54% and a debt-to-equity ratio of 0.42.

REFRACTORY SHAPES Share Price Chart — NSE/BSE Historical Performance

No data
High
42.00
Low
32.00
Volume
29.5K
Change
-17.95%

REFRACTORY SHAPES share price chart: -17.95% return over the past month. 52-week high ₹68.90, 52-week low ₹28.90.

REFRACTORY SHAPES — Last 10 Trading Days

DateOpenHighLowCloseVolume
28.9031.3528.9031.3030.00K (Cr)
33.6033.6033.6033.606.00K (Cr)
35.5538.4035.5538.4089.00K (Cr)
38.0538.3538.0538.3541.00K (Cr)
41.7042.0039.5042.006.00K (Cr)
39.5540.0039.5540.0041.00K (Cr)
39.2540.9539.2540.952.00K (Cr)
39.2040.6039.2040.5022.00K (Cr)
38.0540.9538.0040.9529.00K (Cr)
31.5031.5531.4531.553.00K (Cr)

REFRACTORY SHAPES — Last 12 Months Price History

MonthOpenHighLowCloseChange
28.9031.3528.9031.30+8.30%
39.2542.0033.6033.60-14.39%
31.5040.9531.4540.50+28.57%
31.6533.1529.5530.15-4.74%
42.6548.2042.6544.95+5.39%
51.7059.0044.1546.10-10.83%
52.5061.2048.2055.10+4.95%
54.8057.5050.1551.95-5.20%
44.8046.4539.0046.45+3.68%
62.0062.0046.0546.05-25.73%
54.8566.0049.0064.40+17.41%
68.9068.9053.8054.85-20.39%

AI Research Briefing

Powered by Gemini · 2026-04-15

A micro-cap exposed to a growing sector but faces significant headwinds and liquidity risks.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEBreakdown. 1M: 0.5%, 3M: -18.03%, 6M: -17.9%.Cheap, with a P/E of 14.73x compared to the industry P/E of 39.96x.

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

Refractory Shapes' stock price 89% increase from its previous close. The stock's 52-week low is , recorded on March 30, 2026.

CORE STORY (THE REAL GAME)

Refractory Shapes is a play on the growth of the Indian refractories market, driven by the iron & steel and glass & ceramics industries. The company manufactures specialized refractory products.

Why Now
  • Overall market growth in the refractories sector
  • Recent price increase
  • Low valuation compared to industry peers
Potential Catalysts
  • Significant order wins
  • Increase in capacity utilization
  • Improvement in free cash flow
Key Risks
  • Micro/SME cap - liquidity risk
  • Negative free cash flow
  • Increased working capital days
Institutional Activity

Promoter holding is high at 72.48%, but FII and DII holdings are minimal.

Macro Context

The Indian refractories market is expected to grow, but shifts in steel production technology could present challenges.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-10.61 Cr.

3–6 Month Outlook

Growth in the Indian refractories market driven by iron & steel and glass & ceramics industries. Shift to Electric Arc Furnaces could impact demand.

Primary Thesis Risk

Liquidity risk and potential disruption from changing steel production technologies.

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

Returns & Performance

Good

Return on Equity (ROE)

18.54%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

16.82%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

14.46%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

REFRACTORY SHAPES Valuation Check

Excellent

Price to Earnings (P/E)

14.73x

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

72.48%

% shares held by company founders/management

Poor

FII Holding

0.65%

% shares held by foreign institutional investors

Poor

DII Holding

2.33%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

42.86%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

46.26%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.42x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

9.78x

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

Free Cash Flow (5-Year Total)

-10.61 (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

REFRACTORY SHAPES Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

8 factors identified

Strong Return on Equity (18.54%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (16.82%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 14.73 vs Industry: 39.96)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (42.86%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (46.26%)

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

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

Strong Interest Coverage (9.78x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (72.48%)

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

3 factors identified

Negative Free Cash Flow (₹-10.61 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 2.98%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

REFRACTORY SHAPES vs Electrodes & Refractories Peers

Peer Comparison - Electrodes & Refractories

Compare REFRACTORY SHAPES 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
52/100
32
₹109.00
14.7
Average
18.54%
Good
16.82%
Good
0.4
Excellent
0.00%
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%
35.4/100
174
₹1592.76
53.5
Average
3.94%
Poor
5.71%
Poor
0.2
Excellent
7.07%
Good
12.50%
Good
1.61%
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%

REFRACTORY SHAPES PE Ratio History

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

YearEPS (₹)Price (₹)P/E Ratio
FY 20241.91₹95.0049.8x

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

REFRACTORY SHAPES Quarterly Performance

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

Revenue Growth (YoY)

46.26%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

42.86%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

REFRACTORY SHAPES Technical Indicators

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

33RSI 14
Neutral — RSI 33

Momentum is balanced — neither overbought nor oversold.

SMA 50
48
▼ Price below SMA 50 — Short-term bearish
SMA 200
54
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
20K shares/day
Average daily traded volume over last 30 trading sessions

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

REFRACTORY SHAPES Financial Statements

Annual income statement, balance sheet and cash flow for REFRACTORY SHAPES (REFRACTORY) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for REFRACTORY SHAPES

About REFRACTORY (REFRACTORY SHAPES)

REFRACTORY SHAPES (REFRACTORY) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Electrodes & Refractories sector... with a current market capitalisation of ₹109.00 (Cr). REFRACTORY SHAPES has delivered a Return on Equity (ROE) of 18.54% and a ROCE of 16.82%. The debt-to-equity ratio stands at 0.42, reflecting the company's capital structure. Investors tracking REFRACTORY share price can monitor key metrics including P/E ratio, promoter holding of 72.48%, and quarterly earnings growth.

Company Details

Symbol:REFRACTORY
Industry:Electrodes & Refractories
Sector:Electrodes & Refractories
Website:N/A

REFRACTORY Share Price: Frequently Asked Questions

What is the current share price of REFRACTORY SHAPES?

REFRACTORY SHAPES (REFRACTORY) trades at ₹32.00 on NSE. Market cap ₹109.00 (Cr). Educational data only.

What is the P/E ratio of REFRACTORY SHAPES?

REFRACTORY SHAPES has a P/E of 14.73x vs industry average 39.96x.

What is the Bull Run score for REFRACTORY SHAPES?

REFRACTORY SHAPES has a Bull Run score of 52/100 based on 25+ financial parameters.

Does REFRACTORY SHAPES pay dividends?

REFRACTORY SHAPES has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of REFRACTORY SHAPES?

REFRACTORY SHAPES has ROE of 18.54%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of REFRACTORY SHAPES?

REFRACTORY SHAPES has debt-to-equity of 0.42.

Is REFRACTORY SHAPES a good investment?

Bull Run gives REFRACTORY SHAPES a score of 52/100. This is not investment advice — consult a SEBI-registered advisor.