About Ifgl Refractories Limited
Data last updated: 15 July 2026
Ifgl Refractories Limited is a public limited company based in Rourkela, Orissa, India, a subsidiary of Bajoria Financial Services Private Limited. It specialises in construction materials, a part of the broader manufacturing sector. Incorporated on 07 September 2007, the company has been in operation for over 19 years.
Registered with ROC Cuttack under CIN U51909OR2007PLC027954. Listed on BSE: 540774 and NSE: IFGLEXPOR.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹72.08 Cr. Formerly known as Ifgl Exports Limited. It is led by directors including Debal Kumar Banerji and Shishir Kumar Bajoria.
Last AGM: 27 August 2025. Financial statements filed for year ended 31 March 2025. Office: Sector B Kalunga Industrial Estate P.O. Kalunga, Rourkela, Orissa, India – 770031.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹1,894.25 Cr, a growth of 14.59% compared to the previous year. The net worth stands at ₹1,174.91 Cr (up 6.13% YoY). Total assets are valued at ₹1,672.95 Cr (up 3.36% YoY).
The company has a workforce of approximately 693 employees as per the latest available data. It operates as a subsidiary of Bajoria Financial Services Private Limited.
The company is associated with 1 brand - Ifgl Refractories. As per MCA filings, the company has open charges of ₹310 Cr and satisfied charges of ₹136.78 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ifglref.biz.
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Registered AddressSector B Kalunga Industrial Estate P.O. Kalunga, Rourkela, Orissa, India – 770031
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IndustryManufacturing, Construction Materials
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ifgl Refractories Limited
Ifgl Refractories Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909OR2007PLC027954, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909OR2007PLC027954 | Current |
| U51909OR2007PLC027954 | Previous |
| U51909WB2007PLC118407 | Previous |
Associated Brands with Ifgl Refractories Limited
Ifgl Refractories Limited operates one associated brand: IFGL Refractories. These brands represent Ifgl Refractories Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specialized refractory products are manufactured for ferrous and non-ferrous industries. | ifglgroup.com |
Business Activity of Ifgl Refractories Limited
Ifgl Refractories Limited operates primarily in the manufacturing and trade sectors. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| Locked | Trade | Locked | Wholesale Trading | Locked |
Detailed business activity records for Ifgl Refractories Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Ifgl Refractories Limited
Ifgl Refractories Limited is audited by S.R.BATLIBOI & CO.LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S.R.BATLIBOI & CO.LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Ifgl Refractories Limited
Ifgl Refractories Limited is currently managed by 9 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Debal Kumar Banerji
Also directs:
Heritage Health Insurance Tpa Private Limited
|
Director | 05 Aug 2017 | 9 Years 0 Months | Current |
|
Shishir Kumar Bajoria
Also directs:
Mudita Lifespaces Design Llp, Ganges Art Gallery Private Limited, Bajoria Enterprises Limited and 5 more
|
Whole-Time Director | 07 Sep 2007 | 18 Years 11 Months | Current |
| Duraiswamy Gunaseela Rajan | Director | 05 Aug 2017 | 9 Years 0 Months | Current |
|
Sudhamoy Khasnobis
Also directs:
Agility Multitrade Private Limited, Lifeuno Ventures Private Limited, Life Uno Imf Private Limited and 2 more
|
Director | 05 Aug 2017 | 9 Years 0 Months | Current |
| Gaurav Swarup | Director | 12 Oct 2022 | 3 Years 10 Months | Current |
| Anita Gupta | Director | 12 Oct 2022 | 3 Years 10 Months | Current |
Financials of Ifgl Refractories Limited FY 2026 filings available
Ifgl Refractories Limited reported revenue of ₹1,894.25 Cr (up 14.59% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,894.25 Cr | ₹1,653.03 Cr | ₹1,639.49 Cr | ₹1,386.5 Cr | ₹1,259.5 Cr | ₹1,021.95 Cr | ₹917.35 Cr |
| Other Income | ₹9.79 Cr | ₹17.41 Cr | ₹18.77 Cr | ₹13.15 Cr | ₹15.89 Cr | ₹20.5 Cr | ₹10.96 Cr |
| Total Income | ₹1,904.04 Cr | ₹1,670.44 Cr | ₹1,658.26 Cr | ₹1,399.65 Cr | ₹1,275.39 Cr | ₹1,042.45 Cr | ₹928.31 Cr |
| Cost of Materials Consumed | ₹918.83 Cr | ₹777.72 Cr | ₹742.26 Cr | ₹599.61 Cr | ₹556.98 Cr | ₹362.32 Cr | ₹390.86 Cr |
| Purchases of Stock-in-Trade | ₹85.94 Cr | ₹67.18 Cr | ₹94.58 Cr | ₹132.85 Cr | ₹86.08 Cr | ₹116.53 Cr | ₹57 Cr |
| Changes in Inventories | -₹15.64 Cr | -₹17.82 Cr | -₹5.37 Cr | -₹9.71 Cr | -₹28.49 Cr | -₹4.82 Cr | ₹11.25 Cr |
| Employee Benefit Expense | ₹324.55 Cr | ₹281.18 Cr | ₹250.29 Cr | ₹194.83 Cr | ₹173.91 Cr | ₹151.78 Cr | ₹150.45 Cr |
| Finance Costs | ₹15.83 Cr | ₹13.75 Cr | ₹11.04 Cr | ₹4.84 Cr | ₹3.41 Cr | ₹3.06 Cr | ₹3.61 Cr |
| Depreciation & Amortisation | ₹79.59 Cr | ₹72.74 Cr | ₹64.27 Cr | ₹55.55 Cr | ₹51.14 Cr | ₹48.58 Cr | ₹48.34 Cr |
| Other Expenses | ₹444.57 Cr | ₹416.15 Cr | ₹403.36 Cr | ₹315.98 Cr | ₹328.42 Cr | ₹240.78 Cr | ₹216.22 Cr |
| Total Expenses | ₹1,853.67 Cr | ₹1,610.9 Cr | ₹1,560.43 Cr | ₹1,293.95 Cr | ₹1,171.45 Cr | ₹918.23 Cr | ₹877.73 Cr |
| Profit Before Exceptional Items & Tax | ₹50.37 Cr | ₹59.54 Cr | ₹97.83 Cr | ₹105.7 Cr | ₹103.94 Cr | ₹124.22 Cr | ₹50.58 Cr |
| Exceptional Items | -₹5.23 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹20.61 Cr |
| Profit Before Tax | ₹45.14 Cr | ₹59.54 Cr | ₹97.83 Cr | ₹105.7 Cr | ₹103.94 Cr | ₹124.22 Cr | ₹29.97 Cr |
| Total Tax Expense | ₹10.44 Cr | ₹16.56 Cr | ₹16.16 Cr | ₹26.49 Cr | ₹26.45 Cr | ₹58.63 Cr | ₹10.52 Cr |
| Net Profit | ₹34.7 Cr | ₹42.98 Cr | ₹81.67 Cr | ₹79.21 Cr | ₹77.49 Cr | ₹65.59 Cr | ₹19.45 Cr |
| attributable to Owners | ₹34.7 Cr | ₹42.98 Cr | ₹81.67 Cr | ₹79.21 Cr | ₹77.49 Cr | ₹65.59 Cr | ₹19.45 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 |
| Other Comprehensive Income | ₹58.43 Cr | ₹17.21 Cr | ₹10.56 Cr | ₹17.04 Cr | ₹2.09 Cr | ₹15.95 Cr | ₹16.65 Cr |
| Total Comprehensive Income | ₹93.13 Cr | ₹60.19 Cr | ₹92.23 Cr | ₹96.25 Cr | ₹79.58 Cr | ₹81.54 Cr | ₹36.1 Cr |
| EBITDA (computed) | ₹145.79 Cr | ₹146.03 Cr | ₹173.14 Cr | ₹166.09 Cr | ₹158.49 Cr | ₹175.86 Cr | ₹102.53 Cr |
| Basic EPS | ₹4.81 | ₹11.93 | ₹22.66 | ₹21.98 | ₹21.50 | ₹18.20 | ₹5.40 |
| Diluted EPS | ₹4.81 | ₹11.93 | ₹22.66 | ₹21.98 | ₹21.50 | ₹18.20 | ₹5.40 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,672.95 Cr | ₹1,618.5 Cr | ₹1,490.36 Cr | ₹1,425.93 Cr |
| Non-current Assets | ₹684.27 Cr | ₹667.38 Cr | ₹652.16 Cr | ₹589.82 Cr |
| Current Assets | ₹988.68 Cr | ₹951.12 Cr | ₹838.2 Cr | ₹836.11 Cr |
| Property, Plant & Equipment | ₹417.73 Cr | ₹404 Cr | ₹325.79 Cr | ₹282.06 Cr |
| Inventories | ₹411.37 Cr | ₹404.71 Cr | ₹300.71 Cr | ₹302.04 Cr |
| Trade Receivables | ₹425.07 Cr | ₹359.38 Cr | ₹325 Cr | ₹349.84 Cr |
| Cash & Equivalents | ₹52.74 Cr | ₹60.52 Cr | ₹69.65 Cr | ₹56.8 Cr |
| Equity (Net Worth) | ₹1,174.91 Cr | ₹1,107 Cr | ₹1,072.06 Cr | ₹1,005.04 Cr |
| Equity Share Capital | ₹72.08 Cr | ₹36.04 Cr | ₹36.04 Cr | ₹36.04 Cr |
| Borrowings (Non-current) | ₹32.6 Cr | ₹46.94 Cr | ₹58.68 Cr | ₹60.04 Cr |
| Borrowings (Current) | ₹163.02 Cr | ₹155.41 Cr | ₹104.3 Cr | ₹100.11 Cr |
| Total Debt (computed) | ₹195.62 Cr | ₹202.35 Cr | ₹162.98 Cr | ₹160.15 Cr |
| Current Liabilities | ₹422.73 Cr | ₹416.42 Cr | ₹312.99 Cr | ₹309.03 Cr |
| Total Liabilities | ₹498.04 Cr | ₹511.5 Cr | ₹418.3 Cr | ₹420.89 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹63.38 Cr | ₹28.28 Cr | ₹152.19 Cr | ₹6.3 Cr | ₹4.38 Cr |
| Investing Cash Flow | -₹20.55 Cr | -₹37.16 Cr | -₹117.15 Cr | -₹122.71 Cr | -₹24.03 Cr |
| Financing Cash Flow | -₹57.77 Cr | -₹3.84 Cr | -₹24.28 Cr | ₹49.8 Cr | -₹6.96 Cr |
| Capital Expenditure | ₹63.73 Cr | ₹72.92 Cr | ₹134.74 Cr | ₹136.58 Cr | ₹66.09 Cr |
| Free Cash Flow (computed) | -₹35 Lakh | -₹44.64 Cr | ₹17.45 Cr | -₹130.28 Cr | -₹61.71 Cr |
| Dividends Paid | ₹25.23 Cr | ₹25.23 Cr | ₹25.23 Cr | ₹25.23 Cr | ₹36.04 Cr |
| Net Change in Cash | -₹7.78 Cr | -₹9.13 Cr | ₹12.85 Cr | -₹63.84 Cr | -₹28.54 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹482.97 Cr | ₹468.64 Cr | ₹488.63 Cr | ₹454.01 Cr | ₹448.53 Cr | ₹378.84 Cr | ₹411.12 Cr | ₹414.54 Cr | ₹393.94 Cr | ₹366.18 Cr | ₹455.52 Cr | ₹423.85 Cr |
| Other Income | ₹2.91 Cr | ₹1.87 Cr | ₹2.01 Cr | ₹3 Cr | ₹3.68 Cr | ₹2.89 Cr | ₹3.91 Cr | ₹6.93 Cr | ₹7.22 Cr | ₹4.16 Cr | ₹3.94 Cr | ₹3.45 Cr |
| Total Income | ₹485.88 Cr | ₹470.51 Cr | ₹490.64 Cr | ₹457.01 Cr | ₹452.21 Cr | ₹381.73 Cr | ₹415.03 Cr | ₹421.47 Cr | ₹401.16 Cr | ₹370.34 Cr | ₹459.46 Cr | ₹427.3 Cr |
| Cost of Materials Consumed | ₹227.18 Cr | ₹229.75 Cr | ₹248.07 Cr | ₹213.83 Cr | ₹206.03 Cr | ₹197.26 Cr | ₹193.68 Cr | ₹180.75 Cr | ₹168.56 Cr | ₹177.67 Cr | ₹178.68 Cr | ₹217.35 Cr |
| Purchases of Stock-in-Trade | ₹22.33 Cr | ₹16.18 Cr | ₹22.12 Cr | ₹25.31 Cr | ₹12.44 Cr | ₹13.54 Cr | ₹16.77 Cr | ₹24.43 Cr | ₹20.03 Cr | ₹8.21 Cr | ₹39.85 Cr | ₹26.49 Cr |
| Changes in Inventories | ₹6 Cr | -₹1.76 Cr | -₹18.15 Cr | -₹1.73 Cr | ₹12.17 Cr | -₹18.3 Cr | -₹9.46 Cr | -₹2.23 Cr | ₹15.38 Cr | ₹3.15 Cr | ₹8.77 Cr | -₹32.67 Cr |
| Employee Benefit Expense | ₹77.24 Cr | ₹87.52 Cr | ₹83.26 Cr | ₹76.53 Cr | ₹76.35 Cr | ₹70.16 Cr | ₹68.15 Cr | ₹66.52 Cr | ₹64.53 Cr | ₹62.51 Cr | ₹61.82 Cr | ₹61.43 Cr |
| Finance Costs | ₹3.77 Cr | ₹3.88 Cr | ₹3.55 Cr | ₹4.63 Cr | ₹4.16 Cr | ₹3.53 Cr | ₹3.44 Cr | ₹2.62 Cr | ₹3.35 Cr | ₹2.72 Cr | ₹2.43 Cr | ₹2.54 Cr |
| Depreciation & Amortisation | ₹20.65 Cr | ₹19.99 Cr | ₹19.75 Cr | ₹19.2 Cr | ₹19.96 Cr | ₹18 Cr | ₹17.7 Cr | ₹17.08 Cr | ₹17.45 Cr | ₹15.7 Cr | ₹15.51 Cr | ₹15.61 Cr |
| Other Expenses | ₹111.29 Cr | ₹113.87 Cr | ₹115.34 Cr | ₹104.07 Cr | ₹108.31 Cr | ₹99.5 Cr | ₹109.37 Cr | ₹98.97 Cr | ₹90.66 Cr | ₹118.82 Cr | ₹98.62 Cr | ₹95.26 Cr |
| Total Expenses | ₹468.46 Cr | ₹469.43 Cr | ₹473.94 Cr | ₹441.84 Cr | ₹439.42 Cr | ₹383.69 Cr | ₹399.65 Cr | ₹388.14 Cr | ₹379.96 Cr | ₹388.78 Cr | ₹405.68 Cr | ₹386.01 Cr |
| Profit Before Exceptional Items & Tax | ₹17.42 Cr | ₹1.08 Cr | ₹16.7 Cr | ₹15.17 Cr | ₹12.79 Cr | -₹1.96 Cr | ₹15.38 Cr | ₹33.33 Cr | ₹21.2 Cr | -₹18.44 Cr | ₹53.78 Cr | ₹41.29 Cr |
| Exceptional Items | -₹41 Lakh | -₹4.82 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹17.01 Cr | -₹3.74 Cr | ₹16.7 Cr | ₹15.17 Cr | ₹12.79 Cr | -₹1.96 Cr | ₹15.38 Cr | ₹33.33 Cr | ₹21.2 Cr | -₹18.44 Cr | ₹53.78 Cr | ₹41.29 Cr |
| Total Tax Expense | ₹2.73 Cr | -₹66 Lakh | ₹4.01 Cr | ₹4.36 Cr | ₹4.36 Cr | ₹22 Lakh | ₹3.3 Cr | ₹8.68 Cr | ₹8.66 Cr | -₹19.96 Cr | ₹15.78 Cr | ₹11.68 Cr |
| Net Profit | ₹14.28 Cr | -₹3.08 Cr | ₹12.69 Cr | ₹10.81 Cr | ₹8.43 Cr | -₹2.18 Cr | ₹12.08 Cr | ₹24.65 Cr | ₹12.54 Cr | ₹1.52 Cr | ₹38 Cr | ₹29.61 Cr |
| attributable to Owners | ₹14.28 Cr | -₹3.08 Cr | ₹12.69 Cr | ₹10.81 Cr | ₹8.43 Cr | -₹2.18 Cr | ₹0 | ₹24.65 Cr | ₹12.54 Cr | ₹1.52 Cr | ₹33.32 Cr | ₹29.61 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹20.47 Cr | ₹5.45 Cr | ₹12.45 Cr | ₹20.06 Cr | ₹7.43 Cr | -₹10.41 Cr | ₹19.89 Cr | ₹30 Lakh | -₹2.88 Cr | ₹14.15 Cr | -₹4.68 Cr | ₹3.97 Cr |
| Total Comprehensive Income | ₹34.75 Cr | ₹2.37 Cr | ₹25.14 Cr | ₹30.87 Cr | ₹15.86 Cr | -₹12.59 Cr | ₹31.97 Cr | ₹24.95 Cr | ₹9.66 Cr | ₹15.67 Cr | ₹33.32 Cr | ₹33.58 Cr |
| EBITDA (computed) | ₹41.84 Cr | ₹24.95 Cr | ₹40 Cr | ₹39 Cr | ₹36.91 Cr | ₹19.57 Cr | ₹36.52 Cr | ₹53.03 Cr | ₹42 Cr | -₹2 Lakh | ₹71.72 Cr | ₹59.44 Cr |
| Basic EPS | ₹1.98 | ₹-0.43 | ₹1.76 | ₹1.50 | ₹2.34 | ₹-0.60 | ₹3.35 | ₹6.84 | ₹3.48 | ₹0.42 | ₹10.55 | ₹8.21 |
| Diluted EPS | ₹1.98 | ₹-0.43 | ₹1.76 | ₹1.50 | ₹2.34 | ₹-0.60 | ₹3.35 | ₹6.84 | ₹3.48 | ₹0.42 | ₹10.55 | ₹8.21 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| India | ₹275.02 Cr | ₹17.61 Cr | ₹953.27 Cr | ₹303.67 Cr |
| Asia (excluding India) | ₹6.14 Cr | -₹58 Lakh | ₹22.87 Cr | ₹5.87 Cr |
| Europe | ₹110.14 Cr | -₹2.81 Cr | ₹299.72 Cr | ₹137.1 Cr |
| America | ₹91.67 Cr | ₹8.11 Cr | ₹246.19 Cr | ₹51.4 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| India | ₹1,101.91 Cr | ₹66.98 Cr | - | - |
| Asia (excluding India) | ₹25.44 Cr | ₹26 Lakh | - | - |
| Europe | ₹429.03 Cr | -₹25.8 Cr | - | - |
| America | ₹337.87 Cr | ₹29.06 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,109.41 Cr | ₹997.63 Cr | ₹893.03 Cr | ₹833.37 Cr | ₹787.33 Cr | ₹649.07 Cr | ₹498.61 Cr |
| Other Income | ₹7.12 Cr | ₹16.23 Cr | ₹16.56 Cr | ₹12.2 Cr | ₹14.02 Cr | ₹6.77 Cr | ₹8.08 Cr |
| Total Income | ₹1,116.53 Cr | ₹1,013.86 Cr | ₹909.59 Cr | ₹845.57 Cr | ₹801.35 Cr | ₹655.84 Cr | ₹506.69 Cr |
| Cost of Materials Consumed | ₹573.44 Cr | ₹509.27 Cr | ₹396.72 Cr | ₹373.12 Cr | ₹363.77 Cr | ₹252.98 Cr | ₹210.69 Cr |
| Purchases of Stock-in-Trade | ₹53.33 Cr | ₹37.45 Cr | ₹62.96 Cr | ₹92.56 Cr | ₹50.2 Cr | ₹58.62 Cr | ₹40.63 Cr |
| Changes in Inventories | -₹10.89 Cr | -₹24.41 Cr | ₹1.38 Cr | -₹5.94 Cr | -₹18.45 Cr | -₹7.63 Cr | ₹4.85 Cr |
| Employee Benefit Expense | ₹114.61 Cr | ₹98.24 Cr | ₹73.53 Cr | ₹60.81 Cr | ₹56.14 Cr | ₹51.76 Cr | ₹44.25 Cr |
| Finance Costs | ₹12.67 Cr | ₹11.77 Cr | ₹9.91 Cr | ₹4.56 Cr | ₹2.99 Cr | ₹2.36 Cr | ₹2.96 Cr |
| Depreciation & Amortisation | ₹58.62 Cr | ₹54.07 Cr | ₹47.21 Cr | ₹44.28 Cr | ₹41.14 Cr | ₹39.29 Cr | ₹39.37 Cr |
| Other Expenses | ₹260.35 Cr | ₹252.92 Cr | ₹243.65 Cr | ₹190.89 Cr | ₹218.36 Cr | ₹157.16 Cr | ₹128.17 Cr |
| Total Expenses | ₹1,062.13 Cr | ₹939.31 Cr | ₹835.36 Cr | ₹760.28 Cr | ₹714.15 Cr | ₹554.54 Cr | ₹470.92 Cr |
| Profit Before Exceptional Items & Tax | ₹54.4 Cr | ₹74.55 Cr | ₹74.23 Cr | ₹85.29 Cr | ₹87.2 Cr | ₹101.3 Cr | ₹35.77 Cr |
| Exceptional Items | -₹5.23 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹49.17 Cr | ₹74.55 Cr | ₹74.23 Cr | ₹85.29 Cr | ₹87.2 Cr | ₹101.3 Cr | ₹35.77 Cr |
| Total Tax Expense | ₹10.33 Cr | ₹16.95 Cr | ₹9.12 Cr | ₹24.12 Cr | ₹23.98 Cr | ₹56.46 Cr | ₹6.04 Cr |
| Net Profit | ₹38.84 Cr | ₹57.6 Cr | ₹65.11 Cr | ₹61.17 Cr | ₹63.22 Cr | ₹44.84 Cr | ₹29.73 Cr |
| attributable to Owners | - | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | ₹45 Lakh | -₹42 Lakh | -₹21 Lakh | ₹4 Lakh | ₹1 Lakh | ₹27 Lakh | -₹3 Lakh |
| Total Comprehensive Income | ₹39.29 Cr | ₹57.18 Cr | ₹64.9 Cr | ₹61.21 Cr | ₹63.23 Cr | ₹45.11 Cr | ₹29.7 Cr |
| EBITDA (computed) | ₹125.69 Cr | ₹140.39 Cr | ₹131.35 Cr | ₹134.13 Cr | ₹131.33 Cr | ₹142.95 Cr | ₹78.1 Cr |
| Basic EPS | ₹5.39 | ₹15.98 | ₹18.07 | ₹16.97 | ₹17.54 | ₹12.44 | ₹8.25 |
| Diluted EPS | ₹5.39 | ₹15.98 | ₹18.07 | ₹16.97 | ₹17.54 | ₹12.44 | ₹8.25 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,012.51 Cr | ₹1,031.83 Cr | ₹917.49 Cr | ₹873.33 Cr |
| Non-current Assets | ₹394.39 Cr | ₹423.15 Cr | ₹418.5 Cr | ₹376.95 Cr |
| Current Assets | ₹618.12 Cr | ₹608.68 Cr | ₹498.99 Cr | ₹496.38 Cr |
| Property, Plant & Equipment | ₹262.11 Cr | ₹266.66 Cr | ₹201.52 Cr | ₹168.61 Cr |
| Inventories | ₹259.06 Cr | ₹266.76 Cr | ₹171.71 Cr | ₹172.24 Cr |
| Trade Receivables | ₹266.58 Cr | ₹223.85 Cr | ₹190.34 Cr | ₹199.97 Cr |
| Cash & Equivalents | ₹54 Lakh | ₹13 Lakh | ₹10 Lakh | ₹8 Lakh |
| Equity (Net Worth) | ₹708 Cr | ₹693.94 Cr | ₹661.97 Cr | ₹622.29 Cr |
| Equity Share Capital | ₹72.08 Cr | ₹36.04 Cr | ₹36.04 Cr | ₹36.04 Cr |
| Borrowings (Non-current) | ₹20.18 Cr | ₹32.8 Cr | ₹41.38 Cr | ₹49.77 Cr |
| Borrowings (Current) | ₹107.91 Cr | ₹109.6 Cr | ₹67.08 Cr | ₹65.21 Cr |
| Total Debt (computed) | ₹128.09 Cr | ₹142.4 Cr | ₹108.46 Cr | ₹114.98 Cr |
| Current Liabilities | ₹263.13 Cr | ₹277.4 Cr | ₹189.62 Cr | ₹166.81 Cr |
| Total Liabilities | ₹304.51 Cr | ₹337.89 Cr | ₹255.52 Cr | ₹251.04 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹51.27 Cr | ₹24.39 Cr | ₹116.5 Cr | ₹62.47 Cr | ₹9.83 Cr |
| Investing Cash Flow | ₹3.42 Cr | -₹20.29 Cr | -₹85.18 Cr | -₹59.09 Cr | -₹8.38 Cr |
| Financing Cash Flow | -₹54.28 Cr | -₹4.07 Cr | -₹31.3 Cr | -₹3.38 Cr | -₹1.55 Cr |
| Capital Expenditure | ₹39.48 Cr | ₹53.19 Cr | ₹102.67 Cr | ₹72.96 Cr | ₹49.7 Cr |
| Free Cash Flow (computed) | ₹11.79 Cr | -₹28.8 Cr | ₹13.83 Cr | -₹10.49 Cr | -₹39.87 Cr |
| Dividends Paid | ₹25.23 Cr | ₹25.23 Cr | ₹25.23 Cr | ₹24.31 Cr | ₹36.04 Cr |
| Net Change in Cash | ₹41 Lakh | ₹3 Lakh | ₹2 Lakh | ₹0 | -₹10 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹276.39 Cr | ₹270.76 Cr | ₹286.79 Cr | ₹275.47 Cr | ₹269.73 Cr | ₹232.72 Cr | ₹253.62 Cr | ₹241.56 Cr | ₹209.42 Cr | ₹196.91 Cr | ₹259.7 Cr | ₹227 Cr |
| Other Income | ₹1.14 Cr | ₹1.63 Cr | ₹1.58 Cr | ₹2.77 Cr | ₹3.26 Cr | ₹2.46 Cr | ₹3.74 Cr | ₹6.77 Cr | ₹6.48 Cr | ₹2.97 Cr | ₹3.83 Cr | ₹3.28 Cr |
| Total Income | ₹277.53 Cr | ₹272.39 Cr | ₹288.37 Cr | ₹278.24 Cr | ₹272.99 Cr | ₹235.18 Cr | ₹257.36 Cr | ₹248.33 Cr | ₹215.9 Cr | ₹199.88 Cr | ₹263.53 Cr | ₹230.28 Cr |
| Cost of Materials Consumed | ₹139.66 Cr | ₹141.1 Cr | ₹152.95 Cr | ₹139.73 Cr | ₹141.1 Cr | ₹129.39 Cr | ₹124.63 Cr | ₹114.15 Cr | ₹102.58 Cr | ₹97.19 Cr | ₹96.16 Cr | ₹100.79 Cr |
| Purchases of Stock-in-Trade | ₹11.91 Cr | ₹8.52 Cr | ₹18.35 Cr | ₹14.55 Cr | ₹3.05 Cr | ₹7.08 Cr | ₹16.59 Cr | ₹10.73 Cr | ₹14.21 Cr | ₹4.64 Cr | ₹30.24 Cr | ₹13.87 Cr |
| Changes in Inventories | ₹6.42 Cr | ₹1.89 Cr | -₹13.26 Cr | -₹5.94 Cr | ₹0 | -₹11.72 Cr | -₹7.08 Cr | -₹5.61 Cr | -₹6.8 Cr | ₹6.66 Cr | ₹4.17 Cr | -₹2.65 Cr |
| Employee Benefit Expense | ₹23.36 Cr | ₹35 Cr | ₹28.23 Cr | ₹28.02 Cr | ₹25.44 Cr | ₹26.01 Cr | ₹23.68 Cr | ₹23.11 Cr | ₹19.89 Cr | ₹18.95 Cr | ₹17.93 Cr | ₹16.76 Cr |
| Finance Costs | ₹2.82 Cr | ₹3.09 Cr | ₹2.86 Cr | ₹3.9 Cr | ₹3.44 Cr | ₹2.9 Cr | ₹3.03 Cr | ₹2.4 Cr | ₹2.88 Cr | ₹2.55 Cr | ₹2.21 Cr | ₹2.27 Cr |
| Depreciation & Amortisation | ₹15.16 Cr | ₹14.67 Cr | ₹14.55 Cr | ₹14.24 Cr | ₹15 Cr | ₹13.4 Cr | ₹13.07 Cr | ₹12.6 Cr | ₹12.92 Cr | ₹11.37 Cr | ₹11.39 Cr | ₹11.53 Cr |
| Other Expenses | ₹63.37 Cr | ₹68.05 Cr | ₹64.72 Cr | ₹64.21 Cr | ₹62.93 Cr | ₹62.21 Cr | ₹66.25 Cr | ₹61.53 Cr | ₹48.24 Cr | ₹82.7 Cr | ₹57.69 Cr | ₹55.02 Cr |
| Total Expenses | ₹262.7 Cr | ₹272.32 Cr | ₹268.4 Cr | ₹258.71 Cr | ₹250.96 Cr | ₹229.27 Cr | ₹240.17 Cr | ₹218.91 Cr | ₹193.92 Cr | ₹224.06 Cr | ₹219.79 Cr | ₹197.59 Cr |
| Profit Before Exceptional Items & Tax | ₹14.83 Cr | ₹7 Lakh | ₹19.97 Cr | ₹19.53 Cr | ₹22.03 Cr | ₹5.91 Cr | ₹17.19 Cr | ₹29.42 Cr | ₹21.98 Cr | -₹24.18 Cr | ₹43.74 Cr | ₹32.69 Cr |
| Exceptional Items | -₹41 Lakh | -₹4.82 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹14.42 Cr | -₹4.75 Cr | ₹19.97 Cr | ₹19.53 Cr | ₹22.03 Cr | ₹5.91 Cr | ₹17.19 Cr | ₹29.42 Cr | ₹21.98 Cr | -₹24.18 Cr | ₹43.74 Cr | ₹32.69 Cr |
| Total Tax Expense | ₹1.62 Cr | -₹1.19 Cr | ₹5.11 Cr | ₹4.79 Cr | ₹5.12 Cr | ₹89 Lakh | ₹3.53 Cr | ₹7.41 Cr | ₹6.42 Cr | -₹21.1 Cr | ₹13.62 Cr | ₹10.18 Cr |
| Net Profit | ₹12.8 Cr | -₹3.56 Cr | ₹14.86 Cr | ₹14.74 Cr | ₹16.91 Cr | ₹5.02 Cr | ₹13.66 Cr | ₹22.01 Cr | ₹15.56 Cr | -₹3.08 Cr | ₹30.12 Cr | ₹22.51 Cr |
| Other Comprehensive Income | ₹47 Lakh | ₹19 Lakh | -₹11 Lakh | -₹10 Lakh | -₹26 Lakh | -₹5 Lakh | -₹6 Lakh | -₹5 Lakh | -₹25 Lakh | ₹2 Lakh | ₹1 Lakh | ₹1 Lakh |
| Total Comprehensive Income | ₹13.27 Cr | -₹3.37 Cr | ₹14.75 Cr | ₹14.64 Cr | ₹16.65 Cr | ₹4.97 Cr | ₹13.6 Cr | ₹21.96 Cr | ₹15.31 Cr | -₹3.06 Cr | ₹30.13 Cr | ₹22.52 Cr |
| EBITDA (computed) | ₹32.81 Cr | ₹17.83 Cr | ₹37.38 Cr | ₹37.67 Cr | ₹40.47 Cr | ₹22.21 Cr | ₹33.29 Cr | ₹44.42 Cr | ₹37.78 Cr | -₹10.26 Cr | ₹57.34 Cr | ₹46.49 Cr |
| Basic EPS | ₹1.78 | ₹-0.50 | ₹2.06 | ₹2.05 | ₹4.69 | ₹1.39 | ₹3.79 | ₹6.11 | ₹4.32 | ₹-0.85 | ₹8.36 | ₹6.24 |
| Diluted EPS | ₹1.78 | ₹-0.50 | ₹2.06 | ₹2.05 | ₹4.69 | ₹1.39 | ₹3.79 | ₹6.11 | ₹4.32 | ₹-0.85 | ₹8.36 | ₹6.24 |
Board & Governance of Ifgl Refractories Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Ifgl Refractories Limited has 10 directors - 5 independent and 5 executive. The board is chaired by SHISHIR KUMAR BAJORIA.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| SHISHIR KUMAR BAJORIA | Executive Director · Chairperson | 2007-09-07 | 1 |
| DURAISWAMY GUNASEELA RAJAN | Non-Executive - Independent Director | 2017-08-05 | 3 |
| DEBAL KUMAR BANERJI | Non-Executive - Independent Director | 2017-08-05 | 1 |
| SUDHAMOY KHASNOBIS | Non-Executive - Independent Director | 2017-08-05 | 1 |
| ARASU SHAMUGAM | Executive Director | 2024-03-13 | 1 |
| MIHIR PRAKASH BAJORIA | Executive Director · MD | 2025-05-24 | 1 |
| RAJESH AGARWAL | Executive Director | 2022-11-12 | 1 |
| GAURAV SWARUP | Non-Executive - Independent Director | 2022-10-12 | 5 |
| ANITA GUPTA | Non-Executive - Independent Director | 2022-10-12 | 1 |
| JAMES LEACOCK MCINTOSH | Executive Director · MD | 2021-09-01 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | DURAISWAMY GUNASEELA RAJAN (Chairperson), DEBAL KUMAR BANERJI, SUDHAMOY KHASNOBIS |
| Nomination and remuneration committee | DURAISWAMY GUNASEELA RAJAN (Chairperson), DEBAL KUMAR BANERJI, SUDHAMOY KHASNOBIS |
| Stakeholders Relationship Committee | DEBAL KUMAR BANERJI (Chairperson), SUDHAMOY KHASNOBIS, RAJESH AGARWAL |
| Risk Management Committee | DEBAL KUMAR BANERJI (Chairperson), MIHIR PRAKASH BAJORIA, RAJESH AGARWAL, JAMES LEACOCK MCINTOSH |
| Corporate Social Responsibility Committee | DEBAL KUMAR BANERJI (Chairperson), RAJESH AGARWAL, SUDHAMOY KHASNOBIS, SHISHIR KUMAR BAJORIA |
| Investment Committee | SHISHIR KUMAR BAJORIA (Chairperson), MIHIR PRAKASH BAJORIA, SUDHAMOY KHASNOBIS, JAMES LEACOCK MCINTOSH |
Charges & Borrowings of Ifgl Refractories Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2022 | Others | ₹25 Cr | Open |
| 27 Sep 2022 | Others | ₹80 Cr | Open |
| 27 Sep 2022 | Others | ₹40 Cr | Open |
| 24 Jul 2014 | Others | ₹38 Cr | Open |
| 24 Oct 2012 | Others | ₹30 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Ifgl Refractories Limited
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Employee and EPFO history for Ifgl Refractories Limited
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GST Compliance of Ifgl Refractories Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ifgl Refractories Limited
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MSME Payment Delays by Ifgl Refractories Limited
MSME payment history for Ifgl Refractories Limited
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Subsidiaries & Group Companies of Ifgl Refractories Limited
Corporate group structure for Ifgl Refractories Limited
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MCA Filings & Documents of Ifgl Refractories Limited
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Recent Activity on Ifgl Refractories Limited
Recent News on Ifgl Refractories Limited
Frequently Asked Questions about Ifgl Refractories Limited
Ifgl Refractories Limited is an active public limited company in the manufacturing sector based in Rourkela, Orissa, India. It was incorporated on 07 September 2007 (19+ years old) and is registered under CIN L51909OR2007PLC027954. Listed on BSE: 540774 and NSE: IFGLEXPOR. The company has 693 employees.
Ifgl Refractories Limited reported revenue of ₹1,894.25 Cr for FY 2026 (up 14.59% YoY) based on consolidated NSE filings.
The current directors of Ifgl Refractories Limited are:
- Debal Kumar Banerji - Director
- Shishir Kumar Bajoria - Whole-Time Director
- Duraiswamy Gunaseela Rajan - Director
- Sudhamoy Khasnobis - Director
- Gaurav Swarup - Director
- Anita Gupta - Director
- Rajesh Agarwal - Whole-Time Director
- Mihir Prakash Bajoria - Director
- Mukesh Harshadrai Rawal - Additional Director
The primary industry of Ifgl Refractories Limited is manufacturing. The company specifically operates in construction materials. The company is currently active in this sector.
Yes. Ifgl Refractories Limited is listed on both BSE (code: 540774) and NSE (symbol: IFGLEXPOR).
Ifgl Refractories Limited can be reached at the registered office: Sector B Kalunga Industrial Estate P.O. Kalunga, Rourkela, Orissa, India – 770031, or through the website ifglref.biz.