Stock Analysis

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

NSEI:IFGLEXPOR

IFGL Refractories (NSE:IFGLEXPOR) Full Year 2024 Results

Key Financial Results

  • 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.
  • EPS: ₹22.66 (up from ₹21.98 in FY 2023).
NSEI:IFGLEXPOR Earnings and Revenue Growth May 23rd 2024

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

IFGL Refractories Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.2% decline forecast for the Basic Materials industry in India.

Performance of the Indian Basic Materials industry.

The company's shares are down 8.4% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for IFGL Refractories that we have uncovered.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.