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IFGL Refractories share price & results

IFGL Refractories Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Global maker of flow-control refractories for steel plants, with 10 factories serving 50+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue512 ₹ crore+12.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin7.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit17.0 ₹ crore+54.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity3.77 %−0.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-0.05 %+2.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)15.36 %+13.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 5 judged targets kept · 4 open · verdicts reflect calls analysed to Q1 FY27.

IFGL Refractories Limited management guidance track record on Inve: 9 targets tracked across analysed earnings calls (1 achieved, 4 missed, 4 open).

TargetOriginal wordingSaidLatest callVerdict
Sheffield Technology Transfer CompletionQ3 FY26
Call transcript, Q1 FY26 · 13 Aug 2025		Q1 FY26Q1 FY27:Integration is proceeding well, with production of Sheffield's plastic ramming mass commenced at the Vizag facility.
Call transcript, Q1 FY27 · 11 Aug 2026		Achieved
Khurdha Plant Commissioning TimelineQ4 FY28
Call transcript, Q4 FY25 · 2 Jun 2025		Q4 FY25Q1 FY27:No mention of the Khurda greenfield project in the Q1 FY27 earnings call or presentation.
Call transcript, Q1 FY27 · 11 Aug 2026		Ghosted
Marvel JV Commissioning TimelineRevenue contribution from H2 FY27
Call transcript, Q3 FY25 · 10 Feb 2025		Q3 FY25Q1 FY27:The proposed Chinese JV requires a change of location and re-application for government approval. Progress is stalled pending regulatory clearance.
Call transcript, Q1 FY27 · 11 Aug 2026		Delayed

Source: Inve Guidance Tracker for IFGL Refractories Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of IFGL Refractories Limited's 9 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 6 more targets are in the full ledger.

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Price

₹164.67 +2.42% · +₹3.89

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −35.3% 1Y

₹150₹200₹250Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 11 Nov 2025Q3 FY26 — 23 Feb 2026Q4 FY26 — 2 Jun 2026Q1 FY27 — 11 Aug 2026

1Y: ₹254.4 on 24 Oct 2025 → ₹164.67. High ₹255.95 (27 Oct 2025), low ₹123 (30 Mar 2026).

Previous close
₹160.78
Market cap
₹1.2k Cr
52-week range
₹123 – ₹255.95
One year
−35.66%
Price to earnings (TTM to Jun 2026)
26.95×
Return on equity (TTM to Jun 2026)
3.77%

Overview

Symbol
NSE:IFGLEXPOR
Industry
Industrials
Exchange
NSE
Currency
INR

What IFGL Refractories Limited does

Based on the company's own presentations, annual report and earnings calls.

IFGL Refractories manufactures specialised refractory products and flow-control operating systems — including slide gate systems, purging systems, ladle refractories and tundish refractories — used by steel makers in iron-making, steelmaking and continuous casting. Through group company Hofmann Ceramic it also serves the foundry industry with mould-filling and casting-system solutions, and through Monocon it supplies monolithic metallurgical lances and clay-graphite stoppers/nozzles. The group runs 10 manufacturing units across Asia, Europe and North America and sells to steel producers in 50+ countries, earning by supplying consumable and capital refractory products that line furnaces, ladles, tundishes and casting lines. It has recently entered a non-ferrous refractory segment aimed at cement, glass, coke and gasification industries.

Segments

  • Flow Control Refractories & Operating Systems
  • Foundry Solutions
  • Non-ferrous Refractories
Manufacturing facilities
10 (across Asia, Europe & North America)
Countries served
50+
Group operating companies
8
Customers worldwide
300+
Total workforce (group-wide)
3,000+
Industry expertise
40+ years
Headquarters Kolkata, India (Head & Corporate Office); Registered Office at Kalunga, Sundergarh, Odisha Company website

How the price took the results

close before → close after

Q1 FY27
−3.1%
11 Aug
Q4 FY26
+10.2%
2 Jun
Q3 FY26
−2.5%
22 Feb
Q2 FY26
−0.8%
11 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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