ALFA Finder| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | ₹515 Cr consolidated, 13% YoY growth; US and exports lead. |
|---|---|
| Margins | EBITDA margins compressed by high raw material and elevated LPG costs. |
| Order book | Hoffman Ceramics maintains stable order book; Monocon expanding into new geographies. |
| Demand visibility | Strong domestic steel demand; US market robust; European demand bottoming out. |
| Management confidence | Balanced; optimistic on US and India, cautious but active on UK recovery. |
Growth
Revenue hit ₹515 Cr (+13% YoY), driven by strong US performance and export recovery despite domestic margin pressure.
Outlook
Management targets break-even for Hoffman and Monocon UK by FY27 end through cost rationalization and new product launches.
Risks
Higher raw material costs, surging ocean freight, and operational volatility at major UK customer British Steel threaten margins.
Last quarter's promises, checked
Partly delivered
- Guided domestic double-digit growth by FY27-end → Q1 India +7% (= PARTIAL)
- Guided Hoffman/Monocon UK breakeven by FY27-end → reiterated, not yet reached (= PARTIAL)
- Guided ₹150-200 Cr peak from mag carbon & casting flux lines → unchanged, no commissioning date (= PARTIAL)
Missed
- Guided consol EBITDA margin double-digit → delivered 7.7% (= MISS)
- Guided price hikes to offset input costs → pass-through lag persists, EBITDA margin compressed (= MISS)
Earnings Call Transcript filed with NSE, NSE: IFGLEXPOR. Summary written with AI assistance from the document.
IFGL Refractories Ltd: key numbers
- Share price
- ₹178.17
- Market cap
- ₹1,284 Cr
- Revenue (annual)
- ₹1,894 Cr
- Net profit (annual)
- ₹34.70 Cr
- P/E (TTM)
- 23.8×Sector 52.1×
- Promoter holding
- 72.43%+0.00% QoQ
- FII holding
- 0.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from IFGL Refractories Ltd
All →IFGL Refractories Q2 FY27 Results: Net Profit ₹25.7 Cr, Up 102.4% YoY
IFGL Refractories Ltd reported revenue from operations of ₹553.1 Cr (+13.2% YoY) and net profit of ₹25.7 Cr (+102.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹25.7 Cr · +102.4% YoY
IFGL Refractories Board Meeting Date
IFGL Refractories will hold a board meeting on November 13, 2026 to consider unaudited standalone and consolidated results for the period ended September 30, 2026. The trading window stays closed until 48 hours after results are declared.
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