About SP Refractories Limited
Data last updated:
SP Refractories Limited is a public limited company based in Nagpur, Maharashtra, India. It specialises in construction materials, a part of the broader manufacturing sector. Incorporated on 18 January 2007, the company has been in operation for over 19 years.
Registered with ROC Nagpur under CIN L51909MH2007PLC167114. Listed.
Capital: an authorised share capital of ₹1.85 Cr and a paid-up capital of ₹1.79 Cr. Formerly known as Sp Refractories Private Limited. It is led by directors including Prajakta Prabodh Kale and Shweta Prabodh Kale.
Last AGM: 28 August 2025. Financial statements filed for year ended 31 March 2025. Office: M – 10 M – 11/1 & M – 11/2 Midc Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹28.15 Cr, a decline of 6.94% compared to the previous year. The net worth stands at ₹16.12 Cr (up 28.04% YoY). Total assets are valued at ₹17.37 Cr (up 0.93% YoY).
The company has a workforce of approximately 25 employees as per the latest available data.
The company is associated with 1 brand - S.P Refractories. As per MCA filings, the company has open charges of ₹8.7 Cr and satisfied charges of ₹9.87 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 sprefractories.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressM – 10 M – 11/1 & M – 11/2 Midc Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016
- 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 SP Refractories
SP Refractories has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909MH2007PLC167114, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909MH2007PLC167114 | Current |
| U51909MH2007PLC167114 | Previous |
| U51909MH2007PTC167114 | Previous |
Associated Brands with SP Refractories
SP Refractories operates one associated brand: S.P Refractories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement, aggregates, and steel products are manufactured for building applications. | sprefractories.com |
Competitors & Alternatives of SP Refractories
Brands and companies operating in the same space as SP Refractories Limited include JK Cement, DuPont, Prism Johnson and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 JK Cement | Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | Kanpur, India, India | 1975 |
 DuPont | Developer of chemical products, construction & packaging materials, and water solutions | United States | 1802 |
 Prism Johnson | Manufacturer and supplier of building materials | Hyderabad, India, India | 1992 |
 HIL | Roofing solutions and building materials are manufactured by HIL. | Hyderabad, India, India | 1946 |
 Magicrete | AAC blocks, construction chemicals, and precast solutions are manufactured. | Surat, India, India | 2008 |
 Integrated Cleanroom Technologies | Cleanroom building products are manufactured for specialized environments. | Hyderabad, India, India | 2003 |
 The Ramco Cements | Cement and concrete are manufactured for construction and plastering uses. | Chennai, India, India | 1961 |
 Mysore Cements | Cement and concrete products are manufactured in India. | Gurugram, India, India | 1959 |
 CUMI | Abrasives and ceramic fibers are manufactured by CUMI in India. | Chennai, India, India | 1954 |
Business Activity of SP Refractories
The main business activity of SP Refractories is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for SP Refractories Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of SP Refractories
SP Refractories Limited is audited by Zoeb Anwar & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Zoeb Anwar & Co | Locked | Locked | Locked |
Complete auditor history for SP Refractories Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of SP Refractories Limited
SP Refractories has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prajakta Prabodh Kale | Director | 09 Nov 2021 | 4 Years 10 Months | Current |
| Shweta Prabodh Kale | Managing Director | 18 Jan 2007 | 19 Years 8 Months | Current |
| Manish Tarachand Pande Also directs: Shreeshay Engineers Limited, Delaplex Limited, Nirmitee Robotics India Limited and 1 more | Director | 11 Nov 2021 | 4 Years 10 Months | Current |
| Kushal Sanjay Sabadra | Director | 11 Nov 2021 | 4 Years 10 Months | Current |
| Meenakshi Shrikant Mulmule | Additional Director | 23 Dec 2025 | 0 Years 9 Months | Current |
Financials of SP Refractories Limited FY 2025-26 filings available
SP Refractories Limited reported revenue of ₹28.15 Cr (down 6.94% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 28.15 | 30.25 | 28.81 | 27.24 | 31.51 | 25.69 | 20.97 |
| Revenue growth | -14.4% | +3.1% | +0.6% | -12.8% | +21.9% | +22.6% | +12.0% |
| EBITDA | 5.27 | 3.52 | 2.89 | 1.48 | 1.98 | 1.46 | 1.20 |
| EBITDA margin | +18.7% | +11.6% | +10.0% | +5.4% | +6.3% | +5.7% | +5.7% |
| Profit before tax | 4.72 | 2.79 | 2.16 | 0.84 | 1.35 | 1.04 | 0.57 |
| Net profit | 3.51 | 2.09 | 1.55 | 0.62 | 0.97 | 0.75 | 0.42 |
| Net profit margin | +12.5% | +6.9% | +5.4% | +2.3% | +3.1% | +2.9% | +2.0% |
| EPS (₹) | 19.72 | 11.68 | 8.71 | 3.44 | 5.50 | 5.05 | 8.03 |
| Balance sheet | |||||||
| Total assets | 17.37 | 17.21 | 15.17 | 14.36 | 13.40 | 8.46 | 8.05 |
| Net worth | 16.12 | 12.59 | 10.50 | 8.94 | 8.32 | 4.67 | 3.92 |
| Total debt | 1.06 | 4.44 | 4.68 | 5.42 | 5.07 | 3.79 | 4.13 |
| Cash & bank | 0.01 | 0.01 | 0.01 | 0.01 | 0.82 | 0.00 | 0.01 |
| Net working capital | 9.75 | 10.09 | 8.03 | 7.96 | 8.50 | 6.54 | 5.04 |
| Cash flow | |||||||
| Cash from operations | 1.31 | 1.50 | 1.59 | 0.41 | 0.80 | (0.66) | 0.79 |
| Cash from investing | (0.89) | (0.38) | (1.15) | (1.73) | (3.13) | (0.11) | (0.16) |
| Cash from financing | (0.41) | (1.12) | (0.44) | 0.51 | 3.15 | 0.76 | (0.64) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 28.15 | 30.25 | 28.81 | 27.24 | 31.51 | 25.69 | 20.97 |
| Revenue growth | -14.4% | +3.1% | +0.6% | -12.8% | +21.9% | +22.6% | +12.0% |
| Other income | 0.02 | 0.01 | 0.03 | 0.01 | 0.01 | 0.03 | 0.03 |
| Total expenses | 22.88 | 26.73 | 25.92 | 25.76 | 29.53 | 24.23 | 19.77 |
| Employee cost | 2.49 | 2.60 | 2.10 | 1.52 | 1.77 | 1.52 | 1.30 |
| EBITDA | 5.27 | 3.52 | 2.89 | 1.48 | 1.98 | 1.46 | 1.20 |
| EBITDA margin | +18.7% | +11.6% | +10.0% | +5.4% | +6.3% | +5.7% | +5.7% |
| Depreciation | 0.42 | 0.40 | 0.33 | 0.24 | 0.22 | 0.24 | 0.22 |
| Interest | 0.15 | 0.34 | 0.43 | 0.41 | 0.42 | 0.21 | 0.44 |
| Profit before tax | 4.72 | 2.79 | 2.16 | 0.84 | 1.35 | 1.04 | 0.57 |
| Tax | 1.21 | 0.70 | 0.61 | 0.22 | 0.38 | 0.29 | 0.15 |
| Net profit | 3.51 | 2.09 | 1.55 | 0.62 | 0.97 | 0.75 | 0.42 |
| Net profit margin | +12.5% | +6.9% | +5.4% | +2.3% | +3.1% | +2.9% | +2.0% |
| EPS (₹) | 19.72 | 11.68 | 8.71 | 3.44 | 5.50 | 5.05 | 8.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1.79 | 1.79 | 1.79 | 1.79 | 1.79 | 1.49 | 0.50 |
| Reserves & surplus | 14.33 | 10.80 | 8.71 | 7.15 | 6.53 | 3.18 | 3.42 |
| Shareholders' funds (net worth) | 16.12 | 12.59 | 10.50 | 8.94 | 8.32 | 4.67 | 3.92 |
| Secured loans | 0.12 | 3.27 | 2.59 | 3.31 | 3.88 | 3.53 | 0.00 |
| Unsecured loans | 0.94 | 1.17 | 2.09 | 2.11 | 1.19 | 0.26 | 4.13 |
| Total debt | 1.06 | 4.44 | 4.68 | 5.42 | 5.07 | 3.79 | 4.13 |
| Total liabilities | 17.37 | 17.21 | 15.17 | 14.36 | 13.40 | 8.46 | 8.05 |
| Assets | |||||||
| Gross block | 11.18 | 10.32 | 9.93 | 6.37 | 6.43 | 4.05 | 4.03 |
| Net block | 7.55 | 7.11 | 7.12 | 3.89 | 4.04 | 1.90 | 2.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 2.41 | 0.76 | 0.00 | 0.00 |
| Investments | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Inventories | 5.44 | 4.76 | 2.89 | 3.04 | 2.30 | 1.39 | 1.32 |
| Sundry debtors | 4.93 | 6.34 | 6.41 | 6.09 | 6.06 | 6.95 | 4.47 |
| Cash & bank balances | 0.01 | 0.01 | 0.01 | 0.01 | 0.82 | 0.00 | 0.01 |
| Loans & advances | 0.60 | 0.52 | 0.60 | 0.54 | 1.17 | 0.25 | 0.10 |
| Total current assets | 10.98 | 11.63 | 9.91 | 9.68 | 10.35 | 8.59 | 5.90 |
| Total current liabilities | 1.23 | 1.54 | 1.88 | 1.72 | 1.85 | 2.05 | 0.86 |
| Net working capital | 9.75 | 10.09 | 8.03 | 7.96 | 8.50 | 6.54 | 5.04 |
| Total assets | 17.37 | 17.21 | 15.17 | 14.36 | 13.40 | 8.46 | 8.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.01 | 0.01 | 0.82 | 0.00 | 0.01 | 0.02 |
| Net cash from operating activities | 1.31 | 1.50 | 1.59 | 0.41 | 0.80 | (0.66) | 0.79 |
| Net cash from investing activities | (0.89) | (0.38) | (1.15) | (1.73) | (3.13) | (0.11) | (0.16) |
| Net cash from financing activities | (0.41) | (1.12) | (0.44) | 0.51 | 3.15 | 0.76 | (0.64) |
| Net change in cash | 0.00 | 0.00 | 0.00 | (0.81) | 0.82 | (0.01) | (0.01) |
| Closing cash | 0.01 | 0.01 | 0.01 | 0.01 | 0.82 | 0.00 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -6.9% | +5.0% | +5.8% | -13.6% | +22.7% | +22.5% | +13.2% |
| EBITDA growth | +49.7% | +21.8% | +95.3% | -25.3% | +35.6% | +21.7% | +37.9% |
| PBT growth | +69.2% | +29.2% | +157.1% | -37.8% | +29.8% | +82.5% | +103.6% |
| Net income growth | +67.9% | +34.8% | +150.0% | -36.1% | +29.3% | +78.6% | +100.0% |
| Revenue CAGR (3Y) | +1.1% | -1.4% | +3.9% | +9.1% | +19.4% | - | - |
| EBITDA CAGR (3Y) | +52.7% | +21.1% | +25.6% | +7.2% | +31.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +12.5% | +6.9% | +5.4% | +2.3% | +3.1% | +2.9% | +2.0% |
| Return on capital employed | +28.3% | +19.3% | +17.6% | +9.0% | +16.3% | +15.1% | +12.9% |
| Return on net worth | +24.6% | +18.1% | +16.1% | +7.2% | +15.1% | +17.5% | +10.8% |
| Debt / equity | 0.19 | 0.39 | 0.52 | 0.61 | 0.68 | 0.92 | 1.06 |
| Long-term debt / equity | 0.07 | 0.14 | 0.22 | 0.19 | 0.11 | 0.06 | 0.11 |
| Interest cover | 3.09 | 10.90 | 16.80 | 33.06 | 23.86 | 17.21 | 44.90 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.62 | 2.99 | 3.53 | 4.26 | 7.55 | 7.97 | 5.32 |
| Inventory turnover | 5.52 | 7.91 | 9.72 | 10.20 | 21.45 | 23.75 | 16.64 |
| Debtors turnover | 5.00 | 4.75 | 4.61 | 4.48 | 6.08 | 5.64 | 4.95 |
| EPS (₹) | 19.72 | 11.68 | 8.71 | 3.44 | 5.50 | 5.05 | 8.03 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 90.07 | 70.35 | 58.67 | 49.96 | 46.52 | 31.31 | 78.77 |
Shareholding Pattern of SP Refractories Limited
Shareholding for the quarter ended Sep 2026: promoters hold 69.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.40% | 69.40% | 69.40% | 69.40% |
| Public | 30.60% | 30.60% | 30.60% | 30.60% |
Charges & Borrowings of SP Refractories
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2024 | Hdfc Bank Limited | ₹8.29 Lakh | Open |
| 26 Apr 2022 | Hdfc Bank Limited | ₹8.62 Cr | Open |
| 02 Feb 2022 | Others | ₹1.07 Cr | Satisfied |
| 30 May 2016 | Others | ₹4.05 Cr | Satisfied |
| 10 Nov 2012 | Punjab National Bank | ₹9.18 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at SP Refractories
SP Refractories Limited has a workforce of 25 employees as of Apr 10, 2024.
Employee and EPFO history for SP Refractories Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of SP Refractories
GST registrations and filing compliance for SP Refractories Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for SP Refractories
Credit ratings, litigation, and regulatory alerts for SP Refractories Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SP Refractories
MSME payment history for SP Refractories Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of SP Refractories
Corporate group structure for SP Refractories Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of SP Refractories
MCA filings and documents for SP Refractories Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on SP Refractories
Frequently Asked Questions about SP Refractories Limited
SP Refractories is an active public limited company in the manufacturing sector based in Nagpur, Maharashtra, India. It was incorporated on 18 January 2007 (19+ years old) and is registered under CIN L51909MH2007PLC167114. The company has 25 employees.
SP Refractories reported revenue of ₹28.15 Cr for FY 2025-26 (down 6.94% YoY) based on standalone financials.
The current directors of SP Refractories are:
- Prajakta Prabodh Kale - Director
- Shweta Prabodh Kale - Managing Director
- Manish Tarachand Pande - Director
- Kushal Sanjay Sabadra - Director
- Meenakshi Shrikant Mulmule - Additional Director
The primary industry of SP Refractories is manufacturing. The company specifically operates in construction materials. The company is currently active in this sector.
Yes, SP Refractories is a listed company.
SP Refractories can be reached at the registered office: M – 10 M – 111 & M – 112 Midc Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016, or through the website sprefractories.com.