SPRL
SP Refractories financials
- Market cap
- ₹18 Cr
- Sector
- Capital Goods
Quarterly results
Q4 FY26: revenue down 20.4%, net profit up 64.2% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 13 | 14 | 15 | 14 −1% | 16 +25% | 16 +17% | 12 −20% |
| EBITDA | 1 | 1 | 1 | 2 | 2 +196% | 2 +101% | 3 +138% | 2 +35% |
| Net profit | 0 | 0 | 1 | 1 | 1 +593% | 1 +138% | 2 +193% | 1 +64% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −15.0% 1Y
1Y: ₹120 on 9 Sept 2025 → ₹102. High ₹199.4 (27 Oct 2025), low ₹78 (27 May 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Reserves | ₹3 Cr | ₹7 Cr | ₹7 Cr | ₹9 Cr | ₹13 Cr | ₹14 Cr |
| Borrowings | ₹4 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹1 Cr | ₹1 Cr |
| Other liabilities | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹2 Cr |
| Total liabilities | ₹11 Cr | ₹15 Cr | ₹16 Cr | ₹17 Cr | ₹19 Cr | ₹19 Cr |
| Fixed assets | ₹2 Cr | ₹4 Cr | ₹4 Cr | ₹7 Cr | ₹7 Cr | ₹8 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹9 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹12 Cr | ₹11 Cr |
| Total assets | ₹11 Cr | ₹15 Cr | ₹16 Cr | ₹17 Cr | ₹19 Cr | ₹19 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 9% to 165.
- Promoters
- 69.4%
- Public
- 30.6%
Since Mar 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 9 quarters
Ownership split by quarter, oldest first. Mar '22: Promoters 69.4%, Public 30.6%.Sep '22: Promoters 69.4%, Public 30.6%.Mar '23: Promoters 69.4%, Public 30.6%.Sep '23: Promoters 69.4%, Public 30.6%.Mar '24: Promoters 69.4%, Public 30.6%.Sep '24: Promoters 69.4%, Public 30.6%.Mar '25: Promoters 69.4%, Public 30.6%.Sep '25: Promoters 69.4%, Public 30.6%.Mar '26: Promoters 69.4%, Public 30.6%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Shweta Prabodh Kale +2.79 pp 36.11% held
- Shantilal Narshi Gada +1.97 pp 3.22% held
- Ganesh Kumar K Ammannaya newly disclosed 1.16% held
- Dharampal Kashiram Nishad +0.49 pp 1.61% held
The same filing shows 1 holder trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of SP Refractories Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Shweta Prabodh Kale | 36.11% | +2.79 pp |
| Prajakta Prabodh Kale | 33.32% | unchanged |
| Amnesti Multiservices Private Limited | 3.58% | −2.59 pp |
| Shantilal Narshi Gada | 3.22% | +1.97 pp |
| Vanita Sanjay Bansal | 1.79% | unchanged |
| Dharampal Kashiram Nishad | 1.61% | +0.49 pp |
| Vijay Ghanshyambhai Pujara | 1.48% | unchanged |
| Harsha Rajeshbhai Jhaveri | 1.30% | unchanged |
| Ganesh Kumar K Ammannaya | 1.16% | newly disclosed |
| Anuj Pandurang Pandit | 1.12% | unchanged |
| Namita Prabodh Kale | — | off the list |
| Spextra Multibiz Private Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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