Refractory Shapes Limited

NSEI:REFRACTORY Stock Report

Market Cap: ₹770.6m

Refractory Shapes Past Earnings Performance

Past criteria checks 4/6

Refractory Shapes has been growing earnings at an average annual rate of 28%, while the Basic Materials industry saw earnings declining at 3.1% annually. Revenues have been growing at an average rate of 55.1% per year. Refractory Shapes's return on equity is 15.4%, and it has net margins of 11.1%.

Key information

28.00%

Earnings growth rate

21.55%

EPS growth rate

Basic Materials Industry Growth2.92%
Revenue growth rate55.12%
Return on equity15.38%
Net Margin11.11%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Analysis Article Nov 15

Refractory Shapes Limited (NSE:REFRACTORY) Held Back By Insufficient Growth Even After Shares Climb 37%

Refractory Shapes Limited ( NSE:REFRACTORY ) shareholders would be excited to see that the share price has had a great...
Analysis Article Oct 01

Refractory Shapes Limited's (NSE:REFRACTORY) 28% Dip In Price Shows Sentiment Is Matching Earnings

The Refractory Shapes Limited ( NSE:REFRACTORY ) share price has fared very poorly over the last month, falling by a...
Analysis Article Aug 26

Does Refractory Shapes (NSE:REFRACTORY) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 21

Why Investors Shouldn't Be Surprised By Refractory Shapes Limited's (NSE:REFRACTORY) 26% Share Price Plunge

The Refractory Shapes Limited ( NSE:REFRACTORY ) share price has fared very poorly over the last month, falling by a...
Analysis Article Mar 11

Refractory Shapes (NSE:REFRACTORY) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 25

Refractory Shapes Limited's (NSE:REFRACTORY) 26% Share Price Plunge Could Signal Some Risk

Unfortunately for some shareholders, the Refractory Shapes Limited ( NSE:REFRACTORY ) share price has dived 26% in the...

Revenue & Expenses Breakdown

How Refractory Shapes makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:REFRACTORY Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2569777390
30 Jun 2564270370
31 Mar 2558863350
31 Dec 2452358350
30 Sep 2444951340
30 Jun 2442746330
31 Mar 2440642330
31 Mar 2338019370
31 Mar 2225529320
31 Mar 2120916310

Quality Earnings: REFRACTORY has high quality earnings.

Growing Profit Margin: REFRACTORY's current net profit margins (11.1%) are lower than last year (11.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: REFRACTORY's earnings have grown significantly by 28% per year over the past 5 years.

Accelerating Growth: REFRACTORY's earnings growth over the past year (53.3%) exceeds its 5-year average (28% per year).

Earnings vs Industry: REFRACTORY earnings growth over the past year (53.3%) exceeded the Basic Materials industry 49%.


Return on Equity

High ROE: REFRACTORY's Return on Equity (15.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 02:23
End of Day Share Price 2026/05/26 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Refractory Shapes Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.