IFGL Refractories（540774）株式概要IFGLリフラクトリーズ社は、インド国内外の製鉄所で使用される耐火物および関連機器・付属品の製造、取引、販売を行っている。 詳細540774 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金2/6リスク分析過去5年間で収益は年間13%減少しました。 0.92%の配当はフリーキャッシュフローで十分にカバーされていない Indian市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る540774 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW485,853 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG485,853 investors already sharing narrativesYour Fair Value₹Current Price₹233.3520.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture031b2016201920222025202620282031Revenue ₹31.2bEarnings ₹571.6mAdvancedSet Fair ValueView all narrativesIFGL Refractories Limited 競合他社KCPSymbol: NSEI:KCPMarket cap: ₹21.1bShree Digvijay CementSymbol: BSE:502180Market cap: ₹11.0bMonolithisch IndiaSymbol: NSEI:MONOLITHMarket cap: ₹16.2bRamco IndustriesSymbol: NSEI:RAMCOINDMarket cap: ₹29.9b価格と性能株価の高値、安値、推移の概要IFGL Refractories過去の株価現在の株価₹233.3552週高値₹339.5052週安値₹120.10ベータ0.961ヶ月の変化16.97%3ヶ月変化32.96%1年変化-15.86%3年間の変化17.70%5年間の変化14.19%IPOからの変化89.25%最新ニュースValuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹223, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 33% over the past three years.New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change).お知らせ • Jun 01IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026.お知らせ • May 22IFGL Refractories Limited to Report Q4, 2026 Results on May 30, 2026IFGL Refractories Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 30, 2026New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 9.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).Buy Or Sell Opportunity • Mar 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to ₹163. The fair value is estimated to be ₹207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 404% in the next 2 years.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹223, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 33% over the past three years.New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change).お知らせ • Jun 01IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026.お知らせ • May 22IFGL Refractories Limited to Report Q4, 2026 Results on May 30, 2026IFGL Refractories Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 30, 2026New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 9.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).Buy Or Sell Opportunity • Mar 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to ₹163. The fair value is estimated to be ₹207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 404% in the next 2 years.Reported Earnings • Feb 16Third quarter 2026 earnings released: ₹0.43 loss per share (vs ₹0.30 loss in 3Q 2025)Third quarter 2026 results: ₹0.43 loss per share (further deteriorated from ₹0.30 loss in 3Q 2025). Revenue: ₹4.71b (up 24% from 3Q 2025). Net loss: ₹30.8m (loss widened 41% from 3Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Feb 03IFGL Refractories Limited to Report Q3, 2026 Results on Feb 14, 2026IFGL Refractories Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 14, 2026Buy Or Sell Opportunity • Jan 28Now 21% overvaluedOver the last 90 days, the stock has fallen 31% to ₹173. The fair value is estimated to be ₹143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 358% in the next 2 years.Reported Earnings • Nov 09Second quarter 2026 earnings released: EPS: ₹1.76 (vs ₹1.68 in 2Q 2025)Second quarter 2026 results: EPS: ₹1.76 (up from ₹1.68 in 2Q 2025). Revenue: ₹4.91b (up 19% from 2Q 2025). Net income: ₹126.9m (up 5.0% from 2Q 2025). Profit margin: 2.6% (down from 2.9% in 2Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Nov 02IFGL Refractories Limited to Report Q2, 2026 Results on Nov 08, 2025IFGL Refractories Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 08, 2025New Risk • Sep 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹295, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 143% over the past three years.お知らせ • Aug 27+ 1 more updateIFGL Refractories Limited Approves Final Dividend for Fiscal Year 2024-25IFGL Refractories Limited at its AGM held on August 27, 2025 approved payment of Final Dividend @ 10%, that is INR 1 per Equity Share as recommended by the Board of Directors for Financial Year 2024-25.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹276, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 32x in the Basic Materials industry in India. Total returns to shareholders of 122% over the past three years.Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: ₹1.50 (vs ₹3.42 in 1Q 2025)First quarter 2026 results: EPS: ₹1.50 (down from ₹3.42 in 1Q 2025). Revenue: ₹4.57b (up 10% from 1Q 2025). Net income: ₹108.1m (down 56% from 1Q 2025). Profit margin: 2.4% (down from 5.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Jul 29IFGL Refractories Limited to Report Q1, 2026 Results on Aug 09, 2025IFGL Refractories Limited announced that they will report Q1, 2026 results at 12:08 PM, Indian Standard Time on Aug 09, 2025New Risk • Jul 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.6% net profit margin).Board Change • Jul 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Mihir Bajoria was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • May 28Price target increased by 39% to ₹585Up from ₹421, the current price target is provided by 1 analyst. New target price is 8.5% above last closing price of ₹539. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₹31.20 for next year compared to ₹11.93 last year.Reported Earnings • May 28Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹11.93 (down from ₹22.66 in FY 2024). Revenue: ₹16.7b (up 1.9% from FY 2024). Net income: ₹429.8m (down 47% from FY 2024). Profit margin: 2.6% (down from 5.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.お知らせ • May 26IFGL Refractories Limited, Annual General Meeting, Aug 27, 2025IFGL Refractories Limited, Annual General Meeting, Aug 27, 2025.お知らせ • May 16IFGL Refractories Limited to Report Fiscal Year 2025 Results on May 24, 2025IFGL Refractories Limited announced that they will report fiscal year 2025 results on May 24, 2025Buy Or Sell Opportunity • May 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to ₹459. The fair value is estimated to be ₹380, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 158% in the next 2 years.New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (140% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin).Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹441, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 32x in the Basic Materials industry in India. Total returns to shareholders of 79% over the past three years.お知らせ • May 08IFGL Refractories Limited announces Annual dividend, payable on June 06, 2025IFGL Refractories Limited announced Annual dividend of INR 6.0000 per share payable on June 06, 2025, ex-date on May 13, 2025 and record date on May 13, 2025.お知らせ • Feb 27IFGL Refractories Limited Announces Resignation of James Leacock Mcintosh as Managing Director, Effective End August, 2025IFGL Refractories Limited informed that the Board of Directors of the Company at its meeting convened and held, at a short notice, 27th February, 2025, following recommendation of Nomination and Remuneration Committee, has a) accepted resignation of Managing Director of the Company, Mr. James Leacock McIntosh effective end August, 2025, in terms of Clause 10(e) of Agreement entered by the Company with him. Enclosed is the Disclosure as per Regulation 30 of SEBI LODR, in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024. Reason: Resignation due to personal reason.Reported Earnings • Feb 09Third quarter 2025 earnings released: ₹0.60 loss per share (vs ₹0.42 profit in 3Q 2024)Third quarter 2025 results: ₹0.60 loss per share (down from ₹0.42 profit in 3Q 2024). Revenue: ₹3.79b (up 3.5% from 3Q 2024). Net loss: ₹21.8m (down 243% from profit in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jan 20IFGL Refractories Limited to Report Q3, 2025 Results on Feb 08, 2025IFGL Refractories Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 08, 2025Valuation Update With 7 Day Price Move • Nov 16Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹494, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 88% over the past three years.New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (140% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).お知らせ • Nov 10IFGL Refractories Limited Approves Appointment of Amit Agarwal as Chief Financial OfficerIFGL Refractories Limited at its board meeting held on 9 November 2024, appointed Mr. Amit Agarwal, hitherto designated as Vice President Finance and Accounts as `Chief Financial Officer' and hence, that will be his designation henceforth. Date of appointment: 9 November 2024. Mr. Amit Agarwal is a Member of the Institute of Chartered Accountants of India since 1st April, 2010. He joined the Company on 24th January, 2012 as Senior Manager (Finance & Accounts). He has good experience and proficiency of budgeting & forecasting, financial planning, accounting, costing, sales analysis, receivables management, taxation, export/import and SAP R/3 and has working knowledge of Hyperion (Oracle) Financial Reporting Software. He has experience of handling accounts and finance related matters for more than a decade in Manufacturing Industry.お知らせ • Nov 01IFGL Refractories Limited to Report First Half, 2025 Results on Nov 09, 2024IFGL Refractories Limited announced that they will report first half, 2025 results on Nov 09, 2024お知らせ • Sep 12IFGL Refractories Limited Announces Resignation of Sikander Yadav as Chief Financial OfficerIFGL Refractories Limited informed that Chief Financial Officer (CFO), Mr. Sikander Yadav vide his letter dated 12th September, 2024 has tendered resignation from the position of CFO due to personal reasons. His resignation will be effective from close of working hours of 12th September, 2024.Reported Earnings • Aug 11First quarter 2025 earnings released: EPS: ₹6.84 (vs ₹8.21 in 1Q 2024)First quarter 2025 results: EPS: ₹6.84 (down from ₹8.21 in 1Q 2024). Revenue: ₹4.21b (flat on 1Q 2024). Net income: ₹246.5m (down 17% from 1Q 2024). Profit margin: 5.8% (down from 7.0% in 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.7% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.お知らせ • Aug 01+ 1 more updateIFGL Refractories Limited Appoints Hirdesh Sehgal as Chief Operating OfficerIFGL Refractories Limited announced that Mr. Hirdesh Sehgal has joined the Company on August 1, 2024 as Chief Operating Officer. Mr. Hirdesh Sehgal, an IIT Graduate from BHU, Varanasi, has more than three decades of experience in Refractory industry. He has held diverse roles spanning from projects, production operations, maintenance & engineering, product design and development, business development and general management and is an expert in Dolomite Refractories Technology.お知らせ • Jul 26IFGL Refractories Limited to Report Q1, 2025 Results on Aug 10, 2024IFGL Refractories Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 10, 2024Upcoming Dividend • Jul 17Upcoming dividend of ₹7.00 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).Reported Earnings • Jul 09Full year 2024 earnings released: EPS: ₹22.66 (vs ₹21.98 in FY 2023)Full year 2024 results: EPS: ₹22.66 (up from ₹21.98 in FY 2023). Revenue: ₹16.4b (up 18% from FY 2023). Net income: ₹816.7m (up 3.1% from FY 2023). Profit margin: 5.0% (down from 5.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.3% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year.お知らせ • May 23IFGL Refractories Limited, Annual General Meeting, Jul 31, 2024IFGL Refractories Limited, Annual General Meeting, Jul 31, 2024.Board Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Whole-Time Director Arasu Shanmugam was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 19Full year 2024 earnings released: EPS: ₹22.66 (vs ₹21.98 in FY 2023)Full year 2024 results: EPS: ₹22.66 (up from ₹21.98 in FY 2023). Revenue: ₹16.6b (up 20% from FY 2023). Net income: ₹816.7m (up 3.1% from FY 2023). Profit margin: 4.9% (down from 5.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.1% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 16IFGL Refractories Limited Appoints Arasu Shanmugam as Whole-Time DirectorIFGL Refractories Limited approved the appointment of Mr. Arasu Shanmugam as Whole-time Director of the Company, liable to retire by rotation, for a period of 3 (three) years i.e. from 13th March, 2024 to 12th March, 2027, both days inclusive and payment of remuneration for said period.お知らせ • Apr 28IFGL Refractories Limited to Report Fiscal Year 2024 Results on May 18, 2024IFGL Refractories Limited announced that they will report fiscal year 2024 results at 4:00 PM, Indian Standard Time on May 18, 2024Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹688, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 119% over the past three years.New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change).Buy Or Sell Opportunity • Apr 01Now 21% overvaluedOver the last 90 days, the stock has fallen 27% to ₹581. The fair value is estimated to be ₹480, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.お知らせ • Mar 01IFGL Refractories Limited Announces Cessation of Kamal Sarda to Be Member of Stakeholders Relationship Committee, Risk Management Committee, and Investment CommitteeIFGL Refractories Limited announced that the letter dated 24 February 2024 of Mr. Kamal Sarda who has ceased to hold office of Director and CEO India of the Company with effect 1 March 2024, due to resignation. Because of aforesaid, Mr. Sarda has also ceased, effective 1 March 2024, to be member of following Committees constituted by Board of the Company: Stakeholders Relationship Committee, Risk Management Committee, and Investment Committee. Reason for change: Resignation due to personal and health reasons.Buy Or Sell Opportunity • Feb 14Now 20% overvaluedOver the last 90 days, the stock has fallen 15% to ₹584. The fair value is estimated to be ₹487, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.お知らせ • Feb 14IFGL Refractories Limited Appoints Narendra Kumar Mishra as Chief (R & D)IFGL Refractories Limited announced that Dr. Narendra Kumar Mishra has joined the Company on and from February 14, 2024, as Chief (R & D). He is PhD (Refractories) from DISIR, Sambalpur University, M. Sc. & B. Sc. (Chemistry) from Utkal University and MBA (Operations) from IGNOU, New Delhi. He started his career in 1986. He has experience of more than three decades in Refractory Industry.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₹588, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 29x in the Basic Materials industry in India. Total returns to shareholders of 157% over the past three years.Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: ₹0.42 (vs ₹4.38 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.42 (down from ₹4.38 in 3Q 2023). Revenue: ₹3.70b (up 17% from 3Q 2023). Net income: ₹15.2m (down 90% from 3Q 2023). Profit margin: 0.4% (down from 5.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 16IFGL Refractories Limited to Report Q3, 2024 Results on Feb 03, 2024IFGL Refractories Limited announced that they will report Q3, 2024 results on Feb 03, 2024Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹844, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Basic Materials industry in India. Total returns to shareholders of 416% over the past three years.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₹649, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Basic Materials industry in India. Total returns to shareholders of 313% over the past three years.Reported Earnings • Nov 06Second quarter 2024 earnings released: EPS: ₹10.55 (vs ₹5.39 in 2Q 2023)Second quarter 2024 results: EPS: ₹10.55 (up from ₹5.39 in 2Q 2023). Revenue: ₹4.56b (up 33% from 2Q 2023). Net income: ₹380.0m (up 95% from 2Q 2023). Profit margin: 8.3% (up from 5.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.8% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 26IFGL Refractories Limited to Report Q2, 2024 Results on Nov 04, 2023IFGL Refractories Limited announced that they will report Q2, 2024 results on Nov 04, 2023お知らせ • Aug 26IFGL Refractories Limited Proposes Final Dividend for Financial Year 2022-23IFGL Refractories Limited at its AGM held on August 25, 2023 to approve for payment of final dividend at 70% (Rs 7) per Equity Share recommended by the Board of Directors for Financial Year 2022-23.Upcoming Dividend • Aug 11Upcoming dividend of ₹7.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 24 September 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).Reported Earnings • Aug 03Full year 2023 earnings released: EPS: ₹21.98 (vs ₹21.50 in FY 2022)Full year 2023 results: EPS: ₹21.98 (up from ₹21.50 in FY 2022). Revenue: ₹13.9b (up 10% from FY 2022). Net income: ₹792.1m (up 2.2% from FY 2022). Profit margin: 5.7% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 03IFGL Refractories Limited, Annual General Meeting, Aug 25, 2023IFGL Refractories Limited, Annual General Meeting, Aug 25, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt both Standalone and Consolidated Audited Financial Statements of the Company for year ended on 31 March 2023, Reports of the Board of Directors and Auditors thereon; to approve payment of Final Dividend; to consider and if thought fit and desirable, to pass with or without modification, resolution under Section 152 and other applicable provision of the Companies Act, 2013 (Act) for re-appointment of Mr. Kamal Sarda, to the extent he is required to retire by rotation at upcoming Annual General Meeting and who being eligible, has offered himself for re-appointment for further period liable to retire by rotation and such re-appointment has been recommended by the Nomination and Remuneration Committee and Board of Directors of the Company; and to consider other matters.New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change).お知らせ • Jul 13IFGL Refractories Limited to Report Q1, 2024 Results on Aug 05, 2023IFGL Refractories Limited announced that they will report Q1, 2024 results on Aug 05, 2023お知らせ • Jul 08Ifgl Refractories Limited Appoints Manoj Rakhecha as Deputy CEO IndiaIFGL Refractories Limited informed, as part of IFGL's succession plan for appointment of Senior Management Personnel, Mr. Manoj Rakhecha hitherto designated as Vice President (Operations) Visakhapatnam, will be relocating to Kolkata on and from 1st August, 2023 and hold the office of Deputy CEO India. Mr. Rakhecha is 46 years old, by qualification a Chartered Accountant, commenced employment with the IFGL Group in 2006 joining Monocon China Operation as head of Finance and Procurement and quickly progressed to its head of operations. In 2016 he moved to Monocon International Refractories Ltd. in the United Kingdom as Commercial Director until 2019 when he returned to India to head up the Company's latest state-of-art greenfield facility situated at Visakhapatnam (Andhra Pradesh) manufacturing predominantly new product lines in monolithics, large pre-cast shapes, RH degasser snorkels, continuous casting fluxes and Mag Carbon Bricks.Reported Earnings • May 30Full year 2023 earnings released: EPS: ₹21.98 (vs ₹21.50 in FY 2022)Full year 2023 results: EPS: ₹21.98 (up from ₹21.50 in FY 2022). Revenue: ₹14.0b (up 11% from FY 2022). Net income: ₹792.1m (up 2.2% from FY 2022). Profit margin: 5.7% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 28IFGL Refractories Limited Recommends Final Dividend for the Fiscal Year 2022-23IFGL Refractories Limited the board also resolved to recommend payment of a final dividend of 70% (INR 7 per Equity Share of INR 10 each face value) for the fiscal year 2022-23, subject to necessary approvals/permissions including shareholders of the Company at their upcoming Annual General Meeting.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹282, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 26x in the Basic Materials industry in India. Total returns to shareholders of 216% over the past three years.お知らせ • May 11IFGL Refractories Limited to Report Fiscal Year 2023 Results on May 27, 2023IFGL Refractories Limited announced that they will report fiscal year 2023 results on May 27, 2023Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: ₹4.38 (vs ₹5.24 in 3Q 2022)Third quarter 2023 results: EPS: ₹4.38 (down from ₹5.24 in 3Q 2022). Revenue: ₹3.18b (up 1.5% from 3Q 2022). Net income: ₹157.9m (down 17% from 3Q 2022). Profit margin: 5.0% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 24IFGL Refractories Limited to Report Q3, 2023 Results on Feb 04, 2023IFGL Refractories Limited announced that they will report Q3, 2023 results on Feb 04, 2023Board Change • Nov 16High number of new directorsGeneral Counsel Director & Additional Director Rajesh Agarwal was the last director to join the board, commencing their role in 2022.お知らせ • Nov 13IFGL Refractories Limited Announces Management ChangesThe board of directors of IFGL Refractories Limited meeting held on November 12, 2022, appointed Mr. Rajesh Agarwal as an Additional Director of the Company effective, 12 November, 2022 and also appointed him effective that date to be "Director General Counsel" of the Company for a period of three years, liable to retire by rotation, subject to approval of shareholders, in accordance with applicable provisions of the Companies Act, 2013, SEBI LODR Regulations 2015 and Rules and Regulations framed thereunder. By virtue of aforesaid, Mr. Agarwal ceases to hold office of Company Secretary of the Company effective November 12, 2022. appointed Mrs. Mansi Damani (FCS 6769) as Company Secretary of the Company effective 12 November 2022. Mrs. Damani has hithe1to been holding the office of Deputy Company Secretary of the Company. Mrs. Mansi Damani has also been appointed as the 'Compliance Officer' of the Company as required under Regulation 6 of the SEBI LODR Regulations 2015. Rajesh Agarwal is Fellow Member of The Institute of Company Secretaries of India More than three decades of experience of handling Corporate Laws, Taxation and Legal matters. Joined erstwhile lndo Flogates Ltd. in October, 1988 as Company Secretary. Following amalgamation of lndo Flogates Ltd, appointed Company Secretary on and from August 14, 2000 of erstwhile IFGL Refractories Ltd. Appointed Company Secretary of the Company (known as IFGL Exports Ltd. upto October 25, 2017 on and from August 5, 2017 on amalgamation of erstwhile IFGL Refractories Ltd. Mrs. Mansi Damani is Fellow member of The Institute of Company Secretaries of India. Post Graduate Diploma in Business Administration (Finance) from Symbiosis Centre for Distance Learning, Pune. Joined SK Bajoria group of Companies in the year 2002 and has more than two decades of experience of handling Secretarial and Taxation matters.お知らせ • Sep 29IFGL Refractories Limited Declares Final Dividend for the Financial Year 2021-22IFGL Refractories Limited at its Annual General Meeting held on September 28, 2022 announced approval for payment of Final Dividend @ 70% (INR 7) per Equity Share recommended by the Board of Directors for Financial Year 2021-22.Board Change • Sep 25Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Duraiswamy Rajan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 13Upcoming dividend of ₹7.00 per shareEligible shareholders must have bought the stock before 20 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.8%).お知らせ • Sep 07IFGL Refractories Limited, Annual General Meeting, Sep 28, 2022IFGL Refractories Limited, Annual General Meeting, Sep 28, 2022, at 16:30 Indian Standard Time. Location: Sector `B', Kalunga Industrial Estate, P.O. Kalunga 770031, Dist. Sundergarh Sundergarh Odisha India Agenda: To receive, consider and adopt both standalone and consolidated audited financial statements of the company for year ended on 31st march 2022, reports of the board of directors and auditors thereon; to approve payment of final dividend @ 70% i.e. INR 7 per equity share, recommended by the board of directors on 28th May 2022 for FY 2021-22.お知らせ • Aug 28IFGL Refractories Limited Announces Board ChangesFollowing Representations as per provisions of Section 169(4) of the Companies Act, 2013, Mr. Tetsuo Tsuzuki (DIN: 08557222) and Mr. Yuji Yamaguchi (DIN: 09047766) have sent letter each dated 27th August, 2022 addressed to Board of Directors of the IFGL Refractories Limited and thereby tendered resignation from their office of Non Executive Non Independent Director of the Company.Reported Earnings • Aug 17First quarter 2023 earnings released: EPS: ₹4.04 (vs ₹4.96 in 1Q 2022)First quarter 2023 results: EPS: ₹4.04 (down from ₹4.96 in 1Q 2022). Revenue: ₹3.60b (up 31% from 1Q 2022). Net income: ₹145.5m (down 19% from 1Q 2022). Profit margin: 4.0% (down from 6.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • May 31IFGL Refractories Limited Announces Resignation of Mr. K S B Sanyal from the Office of Independent Director of the Company with Effect May 28, 2022IFGL Refractories Limited announced resignation of Mr. K S B Sanyal from the office of Independent Director of the Company with effect May 28, 2022 due to age and health issues.Reported Earnings • May 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹21.50 (up from ₹18.20 in FY 2021). Revenue: ₹12.8b (up 25% from FY 2021). Net income: ₹774.9m (up 18% from FY 2021). Profit margin: 6.1% (down from 6.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be ₹322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 12%.お知らせ • May 10IFGL Refractories Limited to Report Q4, 2022 Results on May 28, 2022IFGL Refractories Limited announced that they will report Q4, 2022 results on May 28, 2022Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be ₹314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues miss analyst expectationsThird quarter 2022 results: Revenue: ₹3.17b (up 9.8% from 3Q 2021). Net income: ₹189.0m (down 49% from 3Q 2021). Profit margin: 6.0% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.9%. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.お知らせ • Feb 03IFGL Refractories Limited to Report Q3, 2022 Results on Feb 12, 2022IFGL Refractories Limited announced that they will report Q3, 2022 results on Feb 12, 2022Reported Earnings • Nov 17Second quarter 2022 earnings released: EPS ₹5.55 (vs ₹5.73 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹3.10b (up 26% from 2Q 2021). Net income: ₹200.1m (down 3.1% from 2Q 2021). Profit margin: 6.5% (down from 8.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ₹331, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 50% over the past three years.Reported Earnings • Aug 18First quarter 2022 earnings released: EPS ₹4.96 (vs ₹2.83 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹2.75b (up 35% from 1Q 2021). Net income: ₹178.7m (up 75% from 1Q 2021). Profit margin: 6.5% (up from 5.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Aug 08IFGL Refractories Limited Approves Special Dividend for the Financial Year 2020-2021IFGL Refractories Limited announced at the AGM held on August 07, 2021, the shareholders approved one time Special Dividend @ 60% (INR 6) per Equity Share recommended by the Board of Directors for Financial Year 2020-21.Upcoming Dividend • Jul 22Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 06 September 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.9%).Executive Departure • Jul 20MD & Director Pradeep Bajoria has left the companyOn the 18th of July, Pradeep Bajoria's tenure as MD & Director ended after 13.9 years in the role. As of March 2021, Pradeep still personally held 144.16k shares (₹46m worth at the time). A total of 2 executives have left over the last 12 months.お知らせ • Jul 14IFGL Refractories Limited Proposes One Time Special Dividend for the Financial Year 2020-2021, Payable on August 12, 2021IFGL Refractories Limited to approve payment of one time Special Dividend @ 60% (INR 6/-) per Equity Share recommended by the board of directors on June 5, 2021 for financial year 2020-2021 at its AGM to be held on August 7, 2021. Payment of said Dividends will be made on or after 12th August 2021.Reported Earnings • Jul 14Full year 2021 earnings released: EPS ₹18.20 (vs ₹5.40 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.2b (up 11% from FY 2020). Net income: ₹655.9m (up 237% from FY 2020). Profit margin: 6.4% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Reported Earnings • Jun 06Full year 2021 earnings released: EPS ₹18.20 (vs ₹5.40 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.4b (up 14% from FY 2020). Net income: ₹655.9m (up 237% from FY 2020). Profit margin: 6.3% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹365, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 17x in the Basic Materials industry in India. Total returns to shareholders of 45% over the past three years.株主還元540774IN Basic MaterialsIN 市場7D10.8%-0.5%-1.1%1Y-15.9%-12.0%-3.2%株主還元を見る業界別リターン: 540774過去 1 年間で-12 % の収益を上げたIndian Basic Materials業界を下回りました。リターン対市場: 540774は、過去 1 年間で-3.2 % のリターンを上げたIndian市場を下回りました。価格変動Is 540774's price volatile compared to industry and market?540774 volatility540774 Average Weekly Movement8.7%Basic Materials Industry Average Movement4.7%Market Average Movement6.2%10% most volatile stocks in IN Market9.2%10% least volatile stocks in IN Market3.9%安定した株価: 540774の株価は、 Indian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 540774の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてIndianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19791,181Mihir Bajoriawww.ifglgroup.comIFGLリフラクトリーズ社は、インド国内外の製鉄所で使用される耐火物および関連機器・付属品の製造、取引、販売を行っている。主に鉄鋼向けに特殊耐火物や総合耐火物ソリューションを提供。レーカープレート、グランショット・タンディッシュ、脱硫ランス、トーピード、基礎酸素炉、電気アーク炉、電気製鋼、取鍋、タンディッシュ、フラックスなどの鉄鋼ソリューションを提供している。また、丸穴フィルター、ヒパーキャスト、EXHOFフィーダーヘッド、SiC-DC鋳造などのセラミックス製品も提供している。さらに、連続鋳造耐火物、スライドゲート耐火物、モノリス、プレキャスト形状、ジルコンおよびジルコニアノズル、鋳造用フラックス、機構部を提供している。同社は以前はIFGL Exports Limitedとして知られていたが、2017年10月にIFGL Refractories Limitedに社名を変更した。IFGL Refractories Limitedは1979年に設立され、インドのコルカタに本社を置いている。IFGL Refractories LimitedはBajoria Financial Services Private Limitedの子会社である。もっと見るIFGL Refractories Limited 基礎のまとめIFGL Refractories の収益と売上を時価総額と比較するとどうか。540774 基礎統計学時価総額₹16.37b収益（TTM）₹347.00m売上高(TTM)₹18.94b48.6xPER（株価収益率0.9xP/Sレシオ540774 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計540774 損益計算書（TTM）収益₹18.94b売上原価₹9.89b売上総利益₹9.05bその他の費用₹8.70b収益₹347.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.81グロス・マージン47.78%純利益率1.83%有利子負債／自己資本比率16.6%540774 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.9%現在の配当利回り45%配当性向540774 配当は確実ですか？540774 配当履歴とベンチマークを見る540774 、いつまでに購入すれば配当金を受け取れますか？IFGL Refractories 配当日配当落ち日Jul 29 2026配当支払日Sep 04 2026配当落ちまでの日数19 days配当支払日までの日数56 days540774 配当は確実ですか？540774 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/09 12:50終値2026/07/09 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋IFGL Refractories Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Bhalchandra ShindeAnand Rathi Shares and Stock Brokers Limitednull nullAsian Markets Securities Private LimitedAbhisar JainCentrum Broking Limited1 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹223, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 33% over the past three years.
New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change).
お知らせ • Jun 01IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026.
お知らせ • May 22IFGL Refractories Limited to Report Q4, 2026 Results on May 30, 2026IFGL Refractories Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 30, 2026
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 9.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Buy Or Sell Opportunity • Mar 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to ₹163. The fair value is estimated to be ₹207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 404% in the next 2 years.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹223, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 33% over the past three years.
New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change).
お知らせ • Jun 01IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026IFGL Refractories Limited, Annual General Meeting, Aug 05, 2026.
お知らせ • May 22IFGL Refractories Limited to Report Q4, 2026 Results on May 30, 2026IFGL Refractories Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 30, 2026
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 9.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Buy Or Sell Opportunity • Mar 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to ₹163. The fair value is estimated to be ₹207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 404% in the next 2 years.
Reported Earnings • Feb 16Third quarter 2026 earnings released: ₹0.43 loss per share (vs ₹0.30 loss in 3Q 2025)Third quarter 2026 results: ₹0.43 loss per share (further deteriorated from ₹0.30 loss in 3Q 2025). Revenue: ₹4.71b (up 24% from 3Q 2025). Net loss: ₹30.8m (loss widened 41% from 3Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Feb 03IFGL Refractories Limited to Report Q3, 2026 Results on Feb 14, 2026IFGL Refractories Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 14, 2026
Buy Or Sell Opportunity • Jan 28Now 21% overvaluedOver the last 90 days, the stock has fallen 31% to ₹173. The fair value is estimated to be ₹143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 358% in the next 2 years.
Reported Earnings • Nov 09Second quarter 2026 earnings released: EPS: ₹1.76 (vs ₹1.68 in 2Q 2025)Second quarter 2026 results: EPS: ₹1.76 (up from ₹1.68 in 2Q 2025). Revenue: ₹4.91b (up 19% from 2Q 2025). Net income: ₹126.9m (up 5.0% from 2Q 2025). Profit margin: 2.6% (down from 2.9% in 2Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Nov 02IFGL Refractories Limited to Report Q2, 2026 Results on Nov 08, 2025IFGL Refractories Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 08, 2025
New Risk • Sep 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹295, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 143% over the past three years.
お知らせ • Aug 27+ 1 more updateIFGL Refractories Limited Approves Final Dividend for Fiscal Year 2024-25IFGL Refractories Limited at its AGM held on August 27, 2025 approved payment of Final Dividend @ 10%, that is INR 1 per Equity Share as recommended by the Board of Directors for Financial Year 2024-25.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹276, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 32x in the Basic Materials industry in India. Total returns to shareholders of 122% over the past three years.
Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: ₹1.50 (vs ₹3.42 in 1Q 2025)First quarter 2026 results: EPS: ₹1.50 (down from ₹3.42 in 1Q 2025). Revenue: ₹4.57b (up 10% from 1Q 2025). Net income: ₹108.1m (down 56% from 1Q 2025). Profit margin: 2.4% (down from 5.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Jul 29IFGL Refractories Limited to Report Q1, 2026 Results on Aug 09, 2025IFGL Refractories Limited announced that they will report Q1, 2026 results at 12:08 PM, Indian Standard Time on Aug 09, 2025
New Risk • Jul 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Board Change • Jul 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Mihir Bajoria was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • May 28Price target increased by 39% to ₹585Up from ₹421, the current price target is provided by 1 analyst. New target price is 8.5% above last closing price of ₹539. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₹31.20 for next year compared to ₹11.93 last year.
Reported Earnings • May 28Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹11.93 (down from ₹22.66 in FY 2024). Revenue: ₹16.7b (up 1.9% from FY 2024). Net income: ₹429.8m (down 47% from FY 2024). Profit margin: 2.6% (down from 5.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
お知らせ • May 26IFGL Refractories Limited, Annual General Meeting, Aug 27, 2025IFGL Refractories Limited, Annual General Meeting, Aug 27, 2025.
お知らせ • May 16IFGL Refractories Limited to Report Fiscal Year 2025 Results on May 24, 2025IFGL Refractories Limited announced that they will report fiscal year 2025 results on May 24, 2025
Buy Or Sell Opportunity • May 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to ₹459. The fair value is estimated to be ₹380, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 158% in the next 2 years.
New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (140% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin).
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹441, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 32x in the Basic Materials industry in India. Total returns to shareholders of 79% over the past three years.
お知らせ • May 08IFGL Refractories Limited announces Annual dividend, payable on June 06, 2025IFGL Refractories Limited announced Annual dividend of INR 6.0000 per share payable on June 06, 2025, ex-date on May 13, 2025 and record date on May 13, 2025.
お知らせ • Feb 27IFGL Refractories Limited Announces Resignation of James Leacock Mcintosh as Managing Director, Effective End August, 2025IFGL Refractories Limited informed that the Board of Directors of the Company at its meeting convened and held, at a short notice, 27th February, 2025, following recommendation of Nomination and Remuneration Committee, has a) accepted resignation of Managing Director of the Company, Mr. James Leacock McIntosh effective end August, 2025, in terms of Clause 10(e) of Agreement entered by the Company with him. Enclosed is the Disclosure as per Regulation 30 of SEBI LODR, in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024. Reason: Resignation due to personal reason.
Reported Earnings • Feb 09Third quarter 2025 earnings released: ₹0.60 loss per share (vs ₹0.42 profit in 3Q 2024)Third quarter 2025 results: ₹0.60 loss per share (down from ₹0.42 profit in 3Q 2024). Revenue: ₹3.79b (up 3.5% from 3Q 2024). Net loss: ₹21.8m (down 243% from profit in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jan 20IFGL Refractories Limited to Report Q3, 2025 Results on Feb 08, 2025IFGL Refractories Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 08, 2025
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹494, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 88% over the past three years.
New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (140% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).
お知らせ • Nov 10IFGL Refractories Limited Approves Appointment of Amit Agarwal as Chief Financial OfficerIFGL Refractories Limited at its board meeting held on 9 November 2024, appointed Mr. Amit Agarwal, hitherto designated as Vice President Finance and Accounts as `Chief Financial Officer' and hence, that will be his designation henceforth. Date of appointment: 9 November 2024. Mr. Amit Agarwal is a Member of the Institute of Chartered Accountants of India since 1st April, 2010. He joined the Company on 24th January, 2012 as Senior Manager (Finance & Accounts). He has good experience and proficiency of budgeting & forecasting, financial planning, accounting, costing, sales analysis, receivables management, taxation, export/import and SAP R/3 and has working knowledge of Hyperion (Oracle) Financial Reporting Software. He has experience of handling accounts and finance related matters for more than a decade in Manufacturing Industry.
お知らせ • Nov 01IFGL Refractories Limited to Report First Half, 2025 Results on Nov 09, 2024IFGL Refractories Limited announced that they will report first half, 2025 results on Nov 09, 2024
お知らせ • Sep 12IFGL Refractories Limited Announces Resignation of Sikander Yadav as Chief Financial OfficerIFGL Refractories Limited informed that Chief Financial Officer (CFO), Mr. Sikander Yadav vide his letter dated 12th September, 2024 has tendered resignation from the position of CFO due to personal reasons. His resignation will be effective from close of working hours of 12th September, 2024.
Reported Earnings • Aug 11First quarter 2025 earnings released: EPS: ₹6.84 (vs ₹8.21 in 1Q 2024)First quarter 2025 results: EPS: ₹6.84 (down from ₹8.21 in 1Q 2024). Revenue: ₹4.21b (flat on 1Q 2024). Net income: ₹246.5m (down 17% from 1Q 2024). Profit margin: 5.8% (down from 7.0% in 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.7% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Aug 01+ 1 more updateIFGL Refractories Limited Appoints Hirdesh Sehgal as Chief Operating OfficerIFGL Refractories Limited announced that Mr. Hirdesh Sehgal has joined the Company on August 1, 2024 as Chief Operating Officer. Mr. Hirdesh Sehgal, an IIT Graduate from BHU, Varanasi, has more than three decades of experience in Refractory industry. He has held diverse roles spanning from projects, production operations, maintenance & engineering, product design and development, business development and general management and is an expert in Dolomite Refractories Technology.
お知らせ • Jul 26IFGL Refractories Limited to Report Q1, 2025 Results on Aug 10, 2024IFGL Refractories Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 10, 2024
Upcoming Dividend • Jul 17Upcoming dividend of ₹7.00 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).
Reported Earnings • Jul 09Full year 2024 earnings released: EPS: ₹22.66 (vs ₹21.98 in FY 2023)Full year 2024 results: EPS: ₹22.66 (up from ₹21.98 in FY 2023). Revenue: ₹16.4b (up 18% from FY 2023). Net income: ₹816.7m (up 3.1% from FY 2023). Profit margin: 5.0% (down from 5.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.3% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year.
お知らせ • May 23IFGL Refractories Limited, Annual General Meeting, Jul 31, 2024IFGL Refractories Limited, Annual General Meeting, Jul 31, 2024.
Board Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Whole-Time Director Arasu Shanmugam was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 19Full year 2024 earnings released: EPS: ₹22.66 (vs ₹21.98 in FY 2023)Full year 2024 results: EPS: ₹22.66 (up from ₹21.98 in FY 2023). Revenue: ₹16.6b (up 20% from FY 2023). Net income: ₹816.7m (up 3.1% from FY 2023). Profit margin: 4.9% (down from 5.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.1% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 16IFGL Refractories Limited Appoints Arasu Shanmugam as Whole-Time DirectorIFGL Refractories Limited approved the appointment of Mr. Arasu Shanmugam as Whole-time Director of the Company, liable to retire by rotation, for a period of 3 (three) years i.e. from 13th March, 2024 to 12th March, 2027, both days inclusive and payment of remuneration for said period.
お知らせ • Apr 28IFGL Refractories Limited to Report Fiscal Year 2024 Results on May 18, 2024IFGL Refractories Limited announced that they will report fiscal year 2024 results at 4:00 PM, Indian Standard Time on May 18, 2024
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹688, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 31x in the Basic Materials industry in India. Total returns to shareholders of 119% over the past three years.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change).
Buy Or Sell Opportunity • Apr 01Now 21% overvaluedOver the last 90 days, the stock has fallen 27% to ₹581. The fair value is estimated to be ₹480, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
お知らせ • Mar 01IFGL Refractories Limited Announces Cessation of Kamal Sarda to Be Member of Stakeholders Relationship Committee, Risk Management Committee, and Investment CommitteeIFGL Refractories Limited announced that the letter dated 24 February 2024 of Mr. Kamal Sarda who has ceased to hold office of Director and CEO India of the Company with effect 1 March 2024, due to resignation. Because of aforesaid, Mr. Sarda has also ceased, effective 1 March 2024, to be member of following Committees constituted by Board of the Company: Stakeholders Relationship Committee, Risk Management Committee, and Investment Committee. Reason for change: Resignation due to personal and health reasons.
Buy Or Sell Opportunity • Feb 14Now 20% overvaluedOver the last 90 days, the stock has fallen 15% to ₹584. The fair value is estimated to be ₹487, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
お知らせ • Feb 14IFGL Refractories Limited Appoints Narendra Kumar Mishra as Chief (R & D)IFGL Refractories Limited announced that Dr. Narendra Kumar Mishra has joined the Company on and from February 14, 2024, as Chief (R & D). He is PhD (Refractories) from DISIR, Sambalpur University, M. Sc. & B. Sc. (Chemistry) from Utkal University and MBA (Operations) from IGNOU, New Delhi. He started his career in 1986. He has experience of more than three decades in Refractory Industry.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₹588, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 29x in the Basic Materials industry in India. Total returns to shareholders of 157% over the past three years.
Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: ₹0.42 (vs ₹4.38 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.42 (down from ₹4.38 in 3Q 2023). Revenue: ₹3.70b (up 17% from 3Q 2023). Net income: ₹15.2m (down 90% from 3Q 2023). Profit margin: 0.4% (down from 5.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 16IFGL Refractories Limited to Report Q3, 2024 Results on Feb 03, 2024IFGL Refractories Limited announced that they will report Q3, 2024 results on Feb 03, 2024
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹844, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Basic Materials industry in India. Total returns to shareholders of 416% over the past three years.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₹649, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Basic Materials industry in India. Total returns to shareholders of 313% over the past three years.
Reported Earnings • Nov 06Second quarter 2024 earnings released: EPS: ₹10.55 (vs ₹5.39 in 2Q 2023)Second quarter 2024 results: EPS: ₹10.55 (up from ₹5.39 in 2Q 2023). Revenue: ₹4.56b (up 33% from 2Q 2023). Net income: ₹380.0m (up 95% from 2Q 2023). Profit margin: 8.3% (up from 5.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.8% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 26IFGL Refractories Limited to Report Q2, 2024 Results on Nov 04, 2023IFGL Refractories Limited announced that they will report Q2, 2024 results on Nov 04, 2023
お知らせ • Aug 26IFGL Refractories Limited Proposes Final Dividend for Financial Year 2022-23IFGL Refractories Limited at its AGM held on August 25, 2023 to approve for payment of final dividend at 70% (Rs 7) per Equity Share recommended by the Board of Directors for Financial Year 2022-23.
Upcoming Dividend • Aug 11Upcoming dividend of ₹7.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 24 September 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).
Reported Earnings • Aug 03Full year 2023 earnings released: EPS: ₹21.98 (vs ₹21.50 in FY 2022)Full year 2023 results: EPS: ₹21.98 (up from ₹21.50 in FY 2022). Revenue: ₹13.9b (up 10% from FY 2022). Net income: ₹792.1m (up 2.2% from FY 2022). Profit margin: 5.7% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 03IFGL Refractories Limited, Annual General Meeting, Aug 25, 2023IFGL Refractories Limited, Annual General Meeting, Aug 25, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt both Standalone and Consolidated Audited Financial Statements of the Company for year ended on 31 March 2023, Reports of the Board of Directors and Auditors thereon; to approve payment of Final Dividend; to consider and if thought fit and desirable, to pass with or without modification, resolution under Section 152 and other applicable provision of the Companies Act, 2013 (Act) for re-appointment of Mr. Kamal Sarda, to the extent he is required to retire by rotation at upcoming Annual General Meeting and who being eligible, has offered himself for re-appointment for further period liable to retire by rotation and such re-appointment has been recommended by the Nomination and Remuneration Committee and Board of Directors of the Company; and to consider other matters.
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change).
お知らせ • Jul 13IFGL Refractories Limited to Report Q1, 2024 Results on Aug 05, 2023IFGL Refractories Limited announced that they will report Q1, 2024 results on Aug 05, 2023
お知らせ • Jul 08Ifgl Refractories Limited Appoints Manoj Rakhecha as Deputy CEO IndiaIFGL Refractories Limited informed, as part of IFGL's succession plan for appointment of Senior Management Personnel, Mr. Manoj Rakhecha hitherto designated as Vice President (Operations) Visakhapatnam, will be relocating to Kolkata on and from 1st August, 2023 and hold the office of Deputy CEO India. Mr. Rakhecha is 46 years old, by qualification a Chartered Accountant, commenced employment with the IFGL Group in 2006 joining Monocon China Operation as head of Finance and Procurement and quickly progressed to its head of operations. In 2016 he moved to Monocon International Refractories Ltd. in the United Kingdom as Commercial Director until 2019 when he returned to India to head up the Company's latest state-of-art greenfield facility situated at Visakhapatnam (Andhra Pradesh) manufacturing predominantly new product lines in monolithics, large pre-cast shapes, RH degasser snorkels, continuous casting fluxes and Mag Carbon Bricks.
Reported Earnings • May 30Full year 2023 earnings released: EPS: ₹21.98 (vs ₹21.50 in FY 2022)Full year 2023 results: EPS: ₹21.98 (up from ₹21.50 in FY 2022). Revenue: ₹14.0b (up 11% from FY 2022). Net income: ₹792.1m (up 2.2% from FY 2022). Profit margin: 5.7% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 28IFGL Refractories Limited Recommends Final Dividend for the Fiscal Year 2022-23IFGL Refractories Limited the board also resolved to recommend payment of a final dividend of 70% (INR 7 per Equity Share of INR 10 each face value) for the fiscal year 2022-23, subject to necessary approvals/permissions including shareholders of the Company at their upcoming Annual General Meeting.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹282, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 26x in the Basic Materials industry in India. Total returns to shareholders of 216% over the past three years.
お知らせ • May 11IFGL Refractories Limited to Report Fiscal Year 2023 Results on May 27, 2023IFGL Refractories Limited announced that they will report fiscal year 2023 results on May 27, 2023
Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: ₹4.38 (vs ₹5.24 in 3Q 2022)Third quarter 2023 results: EPS: ₹4.38 (down from ₹5.24 in 3Q 2022). Revenue: ₹3.18b (up 1.5% from 3Q 2022). Net income: ₹157.9m (down 17% from 3Q 2022). Profit margin: 5.0% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 24IFGL Refractories Limited to Report Q3, 2023 Results on Feb 04, 2023IFGL Refractories Limited announced that they will report Q3, 2023 results on Feb 04, 2023
Board Change • Nov 16High number of new directorsGeneral Counsel Director & Additional Director Rajesh Agarwal was the last director to join the board, commencing their role in 2022.
お知らせ • Nov 13IFGL Refractories Limited Announces Management ChangesThe board of directors of IFGL Refractories Limited meeting held on November 12, 2022, appointed Mr. Rajesh Agarwal as an Additional Director of the Company effective, 12 November, 2022 and also appointed him effective that date to be "Director General Counsel" of the Company for a period of three years, liable to retire by rotation, subject to approval of shareholders, in accordance with applicable provisions of the Companies Act, 2013, SEBI LODR Regulations 2015 and Rules and Regulations framed thereunder. By virtue of aforesaid, Mr. Agarwal ceases to hold office of Company Secretary of the Company effective November 12, 2022. appointed Mrs. Mansi Damani (FCS 6769) as Company Secretary of the Company effective 12 November 2022. Mrs. Damani has hithe1to been holding the office of Deputy Company Secretary of the Company. Mrs. Mansi Damani has also been appointed as the 'Compliance Officer' of the Company as required under Regulation 6 of the SEBI LODR Regulations 2015. Rajesh Agarwal is Fellow Member of The Institute of Company Secretaries of India More than three decades of experience of handling Corporate Laws, Taxation and Legal matters. Joined erstwhile lndo Flogates Ltd. in October, 1988 as Company Secretary. Following amalgamation of lndo Flogates Ltd, appointed Company Secretary on and from August 14, 2000 of erstwhile IFGL Refractories Ltd. Appointed Company Secretary of the Company (known as IFGL Exports Ltd. upto October 25, 2017 on and from August 5, 2017 on amalgamation of erstwhile IFGL Refractories Ltd. Mrs. Mansi Damani is Fellow member of The Institute of Company Secretaries of India. Post Graduate Diploma in Business Administration (Finance) from Symbiosis Centre for Distance Learning, Pune. Joined SK Bajoria group of Companies in the year 2002 and has more than two decades of experience of handling Secretarial and Taxation matters.
お知らせ • Sep 29IFGL Refractories Limited Declares Final Dividend for the Financial Year 2021-22IFGL Refractories Limited at its Annual General Meeting held on September 28, 2022 announced approval for payment of Final Dividend @ 70% (INR 7) per Equity Share recommended by the Board of Directors for Financial Year 2021-22.
Board Change • Sep 25Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Duraiswamy Rajan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 13Upcoming dividend of ₹7.00 per shareEligible shareholders must have bought the stock before 20 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.8%).
お知らせ • Sep 07IFGL Refractories Limited, Annual General Meeting, Sep 28, 2022IFGL Refractories Limited, Annual General Meeting, Sep 28, 2022, at 16:30 Indian Standard Time. Location: Sector `B', Kalunga Industrial Estate, P.O. Kalunga 770031, Dist. Sundergarh Sundergarh Odisha India Agenda: To receive, consider and adopt both standalone and consolidated audited financial statements of the company for year ended on 31st march 2022, reports of the board of directors and auditors thereon; to approve payment of final dividend @ 70% i.e. INR 7 per equity share, recommended by the board of directors on 28th May 2022 for FY 2021-22.
お知らせ • Aug 28IFGL Refractories Limited Announces Board ChangesFollowing Representations as per provisions of Section 169(4) of the Companies Act, 2013, Mr. Tetsuo Tsuzuki (DIN: 08557222) and Mr. Yuji Yamaguchi (DIN: 09047766) have sent letter each dated 27th August, 2022 addressed to Board of Directors of the IFGL Refractories Limited and thereby tendered resignation from their office of Non Executive Non Independent Director of the Company.
Reported Earnings • Aug 17First quarter 2023 earnings released: EPS: ₹4.04 (vs ₹4.96 in 1Q 2022)First quarter 2023 results: EPS: ₹4.04 (down from ₹4.96 in 1Q 2022). Revenue: ₹3.60b (up 31% from 1Q 2022). Net income: ₹145.5m (down 19% from 1Q 2022). Profit margin: 4.0% (down from 6.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • May 31IFGL Refractories Limited Announces Resignation of Mr. K S B Sanyal from the Office of Independent Director of the Company with Effect May 28, 2022IFGL Refractories Limited announced resignation of Mr. K S B Sanyal from the office of Independent Director of the Company with effect May 28, 2022 due to age and health issues.
Reported Earnings • May 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹21.50 (up from ₹18.20 in FY 2021). Revenue: ₹12.8b (up 25% from FY 2021). Net income: ₹774.9m (up 18% from FY 2021). Profit margin: 6.1% (down from 6.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be ₹322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 12%.
お知らせ • May 10IFGL Refractories Limited to Report Q4, 2022 Results on May 28, 2022IFGL Refractories Limited announced that they will report Q4, 2022 results on May 28, 2022
Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be ₹314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues miss analyst expectationsThird quarter 2022 results: Revenue: ₹3.17b (up 9.8% from 3Q 2021). Net income: ₹189.0m (down 49% from 3Q 2021). Profit margin: 6.0% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.9%. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Feb 03IFGL Refractories Limited to Report Q3, 2022 Results on Feb 12, 2022IFGL Refractories Limited announced that they will report Q3, 2022 results on Feb 12, 2022
Reported Earnings • Nov 17Second quarter 2022 earnings released: EPS ₹5.55 (vs ₹5.73 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹3.10b (up 26% from 2Q 2021). Net income: ₹200.1m (down 3.1% from 2Q 2021). Profit margin: 6.5% (down from 8.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ₹331, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 50% over the past three years.
Reported Earnings • Aug 18First quarter 2022 earnings released: EPS ₹4.96 (vs ₹2.83 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹2.75b (up 35% from 1Q 2021). Net income: ₹178.7m (up 75% from 1Q 2021). Profit margin: 6.5% (up from 5.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Aug 08IFGL Refractories Limited Approves Special Dividend for the Financial Year 2020-2021IFGL Refractories Limited announced at the AGM held on August 07, 2021, the shareholders approved one time Special Dividend @ 60% (INR 6) per Equity Share recommended by the Board of Directors for Financial Year 2020-21.
Upcoming Dividend • Jul 22Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 06 September 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.9%).
Executive Departure • Jul 20MD & Director Pradeep Bajoria has left the companyOn the 18th of July, Pradeep Bajoria's tenure as MD & Director ended after 13.9 years in the role. As of March 2021, Pradeep still personally held 144.16k shares (₹46m worth at the time). A total of 2 executives have left over the last 12 months.
お知らせ • Jul 14IFGL Refractories Limited Proposes One Time Special Dividend for the Financial Year 2020-2021, Payable on August 12, 2021IFGL Refractories Limited to approve payment of one time Special Dividend @ 60% (INR 6/-) per Equity Share recommended by the board of directors on June 5, 2021 for financial year 2020-2021 at its AGM to be held on August 7, 2021. Payment of said Dividends will be made on or after 12th August 2021.
Reported Earnings • Jul 14Full year 2021 earnings released: EPS ₹18.20 (vs ₹5.40 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.2b (up 11% from FY 2020). Net income: ₹655.9m (up 237% from FY 2020). Profit margin: 6.4% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 06Full year 2021 earnings released: EPS ₹18.20 (vs ₹5.40 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.4b (up 14% from FY 2020). Net income: ₹655.9m (up 237% from FY 2020). Profit margin: 6.3% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹365, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 17x in the Basic Materials industry in India. Total returns to shareholders of 45% over the past three years.
