Loading…
IFGL Refractories (IFGLEXPOR)₹175.73−0.15%Electrodes & Refractories
In the Jun 2026 quarter (consolidated), IFGL Refractories reported sales of ₹513 Cr, up 12.8% from Jun 2025, and net profit of ₹17.01 Cr, up 54.8% year on year. For the year to Mar 2026, sales were ₹1,900 Cr and net profit ₹35.02 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 457 | 367 | 395 | 416 | 412 | 380 | 450 | 455 | 491 | 470 | 485 | 513 |
| Expenses | 387 | 369 | 358 | 367 | 378 | 361 | 414 | 417 | 449 | 445 | 443 | 474 |
| Operating Profit | 67.85 | −3.99 | 34.92 | 45.90 | 32.93 | 16.96 | 32.91 | 35.89 | 37.89 | 22.94 | 38.91 | 36.94 |
| OPM % | 14.9% | −1.1% | 8.9% | 10.9% | 8.0% | 4.4% | 7.0% | 7.9% | 7.9% | 4.9% | 7.9% | 7.0% |
| Other Income | 4.01 | 4.01 | 7.01 | 6.99 | 3.99 | 2.99 | 3.99 | 2.99 | 2.01 | −3.01 | 1.99 | 3.01 |
| Interest | 1.99 | 2.99 | 2.99 | 2.99 | 2.99 | 3.99 | 3.99 | 4.99 | 3.99 | 3.99 | 3.99 | 2.99 |
| Depreciation | 15.99 | 15.99 | 17.01 | 16.99 | 18.01 | 17.99 | 19.99 | 19.01 | 19.99 | 20.01 | 20.99 | 14.01 |
| Profit before tax | 53.95 | −17.99 | 20.97 | 32.96 | 14.99 | −1.99 | 12.98 | 14.98 | 16.98 | −3.99 | 16.99 | 22.95 |
| Tax % | 29.0% | −107.9% | 41.1% | 26.0% | 21.1% | 11.0% | 34.0% | 29.1% | 24.1% | −18.0% | 16.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 | 0.00 | 0.00 |
| Net Profit | 38.03 | 1.99 | 13.01 | 24.99 | 11.99 | −2.01 | 8.01 | 10.99 | 13.01 | −2.99 | 14.01 | 17.01 |
| EPS (Rs) | 5.28 | 0.22 | 1.75 | 3.43 | 1.69 | −0.31 | 1.18 | 1.51 | 1.77 | −0.44 | 1.99 | 2.38 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 769 | 837 | 952 | 920 | 1,025 | 1,262 | 1,391 | 1,642 | 1,657 | 1,900 | 1,959 |
| Expenses | 665 | 727 | 839 | 822 | 862 | 1,114 | 1,230 | 1,481 | 1,519 | 1,751 | 1,811 |
| Operating Profit | 98.73 | 106 | 109 | 91.78 | 157 | 143 | 153 | 155 | 130 | 137 | 137 |
| OPM % | 12.9% | 12.9% | 11.9% | 9.9% | 14.9% | 11.0% | 10.9% | 8.9% | 8.0% | 6.9% | 7.0% |
| Other Income | 3.99 | 4.01 | 3.99 | −10.01 | 18.99 | 15.99 | 12.99 | 18.01 | 16.99 | 3.99 | 4.00 |
| Interest | 4.99 | 3.99 | 3.99 | 3.99 | 2.99 | 2.99 | 4.99 | 10.98 | 14.97 | 16.97 | 14.96 |
| Depreciation | 43.99 | 44.01 | 46.02 | 48.02 | 48.99 | 50.98 | 56.02 | 64.02 | 72.96 | 79.96 | 75.00 |
| Profit before tax | 54.95 | 62.89 | 63.88 | 29.97 | 124 | 104 | 106 | 97.84 | 59.92 | 44.97 | 52.93 |
| Tax % | 8.0% | 25.1% | 21.0% | 35.1% | 47.0% | 25.0% | 25.1% | 17.1% | 28.0% | 23.0% | — |
| Exceptional items | 0.23 | −0.04 | −0.03 | −11.08 | −0.18 | 0.37 | −0.47 | 0.50 | 0.06 | −2.02 | −2.01 |
| Net Profit | 49.98 | 47.01 | 50.01 | 19.01 | 65.99 | 77.02 | 78.98 | 82.04 | 43.02 | 35.02 | 41.04 |
| EPS (Rs) | 86.40 | 6.56 | 7.02 | 2.71 | 9.13 | 10.79 | 11.03 | 11.35 | 5.98 | 4.83 | 5.70 |
| Dividend payout % | 1.0% | 15.1% | 18.1% | 46.1% | 55.1% | 33.1% | 32.0% | 31.1% | 59.1% | 45.1% | — |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.99 | 35.89 | 35.90 | 35.90 | 35.90 | 35.91 | 35.91 | 35.90 | 35.91 | 71.87 |
| Reserves | 649 | 714 | 757 | 771 | 852 | 896 | 968 | 1,034 | 1,068 | 1,101 |
| Borrowings | 83.86 | 112 | 88.79 | 64.85 | 63.84 | 98.78 | 160 | 174 | 213 | 209 |
| Other Liabilities | 157 | 133 | 134 | 149 | 229 | 252 | 260 | 243 | 297 | 283 |
| Total Liabilities | 892 | 996 | 1,016 | 1,021 | 1,181 | 1,282 | 1,423 | 1,486 | 1,613 | 1,663 |
| Fixed Assets | 469 | 459 | 452 | 438 | 414 | 420 | 498 | 515 | 591 | 608 |
| CWIP | 2.01 | 8.02 | 6.01 | 7.02 | 22.04 | 25.05 | 46.15 | 104 | 27.09 | 41.09 |
| Investments | 12.01 | 13.01 | 46.02 | 94.10 | 128 | 135 | 132 | 126 | 105 | 68.02 |
| Other Assets | 408 | 515 | 512 | 482 | 616 | 702 | 747 | 741 | 891 | 947 |
| Inventories | 94.30 | 108 | 157 | 142 | 168 | 260 | 303 | 302 | 406 | 412 |
| Trade receivables | 228 | 284 | 229 | 211 | 228 | 272 | 350 | 325 | 359 | 425 |
| Cash & equivalents | 55.86 | 80.76 | 87.80 | 111 | 191 | 128 | 57.84 | 71.81 | 63.82 | 53.85 |
| Total Assets | 892 | 996 | 1,016 | 1,021 | 1,181 | 1,282 | 1,423 | 1,486 | 1,613 | 1,663 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 28.03 | 41.03 | 109 | 150 | 139 | 4.01 | 5.99 | 152 | 28.02 | 63.02 |
| Cash from investing activity | −8.97 | −39.90 | −69.74 | −49.83 | −96.66 | −25.92 | −118 | −115 | −33.88 | −12.97 |
| Cash from financing activity | −4.01 | 18.01 | −37.02 | −65.97 | −5.01 | −7.01 | 50.06 | −24.01 | −4.01 | −58.03 |
| Net cash flow | 14.03 | 19.03 | 3.01 | 33.03 | 38.07 | −29.03 | −62.12 | 13.02 | −9.02 | −8.01 |
| Capex | 13.01 | 45.01 | 39.05 | 25.01 | 31.04 | 66.04 | 137 | 135 | 73.06 | 64.05 |
| Free cash flow | 15.03 | −2.01 | 72.09 | 126 | 108 | −61.06 | −130 | 18.03 | −44.06 | 0.00 |
| CFO / OP % | 48.0% | 53.0% | 114.0% | 163.0% | 101.0% | 21.0% | 23.0% | 113.0% | 42.0% | 66.0% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 109 | 124 | 88 | 84 | 82 | 79 | 92 | 72 | 79 | 82 |
| Inventory days | 94 | 94 | 120 | 113 | 129 | 154 | 153 | 132 | 179 | 152 |
| Days payable | 118 | 109 | 95 | 99 | 119 | 111 | 94 | 79 | 104 | 86 |
| Cash conversion cycle | 85 | 110 | 112 | 98 | 91 | 122 | 151 | 126 | 154 | 148 |
| Working capital days | 69 | 84 | 76 | 73 | 69 | 81 | 95 | 76 | 84 | 87 |
| ROCE % | — | 8.1% | 8.1% | 6.0% | 14.1% | 11.1% | 10.1% | 9.1% | 6.1% | 5.0% |
For the Jun 2026 quarter, IFGL Refractories reported sales of ₹513 Cr, up 12.8% year on year and net profit of ₹17.01 Cr, up 54.8% year on year. The operating margin was 7.0%.
IFGL Refractories' sales for the year to Mar 2026 were ₹1,900 Cr; over the last twelve months they were ₹1,959 Cr.
Net profit for the year to Mar 2026 was ₹35.02 Cr, and ₹41.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹5.70.
IFGL Refractories reported borrowings of ₹209 Cr at Mar 2026, against cash and equivalents of ₹53.85 Cr.
Cash from operations was ₹63.02 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0 Cr.