IFGL Refractories Full Year 2024 Earnings: EPS: ₹22.66 (vs ₹21.98 in FY 2023)

IFGL Refractories (NSE:IFGLEXPOR) Full Year 2024 Results

Key Financial Results

• 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.
• EPS: ₹22.66 (up from ₹21.98 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

IFGL Refractories Earnings Insights

The primary driver behind last 12 months revenue was the Within India segment contributing a total revenue of ₹8.93b (54% of total revenue). Notably, cost of sales worth ₹8.38b amounted to 51% of total revenue thereby underscoring the impact on earnings.Explore how IFGLEXPOR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Basic Materials industry in India.

Performance of the Indian Basic Materials industry.

The company's shares are up 1.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for IFGL Refractories that you should be aware of.

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