Nilachal Refract

Who are the top shareholders of the Nilachal Refract?

The top shareholders of Nilachal Refract are Minicraft Enterprise Pvt Ltd at 13.81%, Sushil Kumar Agarwal at 11.58%, and individual investors who collectively own 29.25%. There are no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Nilachal Refract include Minicraft Enterprise Pvt Ltd, which holds the highest stake at 13.81%. The next significant shareholder is Sushil Kumar Agarwal, with a holding of 11.58%. Additionally, individual investors collectively own 29.25% of the company. There are no mutual funds or foreign institutional investors currently holding shares in Nilachal Refract.

Has Nilachal Refract declared dividend?

No Dividend History Available

Who are the peers of the Nilachal Refract?

Nilachal Refract's peers include Vesuvius India, Graphite India, HEG, RHI Magnesita, Raghav Products, IFGL Refractories, Morganite Crucible, DE Nora India, and Orient Ceratech. Performance varies, with Raghav Products showing the highest 1-year return at 112.42% and RHI Magnesita the lowest at -37.92%, while Nilachal Refract's return is -15.62%.

Peers: The peers of Nilachal Refract are Vesuvius India, Graphite India, HEG, RHI Magnesita, Raghav Product., IFGL Refractori., Morganite Crucib, DE Nora India, Orient Ceratech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vesuvius India, while Average management risk is found at Graphite India, HEG, RHI Magnesita, Raghav Product., IFGL Refractori., Morganite Crucib, and DE Nora India, and the rest. Good growth is noted at Vesuvius India and Orient Ceratech, while Average growth is seen at Graphite India, HEG, RHI Magnesita, Raghav Product., and the rest, with Below Average growth at IFGL Refractori., Morganite Crucib, and DE Nora India. Excellent capital structure is present in Graphite India, HEG, RHI Magnesita, Raghav Product., IFGL Refractori., Morganite Crucib, and DE Nora India, while Good capital structure is noted at Vesuvius India and Orient Ceratech.<BR><BR>Return Snapshot: Raghav Product. has the highest 1-year return at 112.42%, while RHI Magnesita has the lowest at -37.92%. Nilachal Refract's own 1-year return is -15.62%, which is higher than RHI Magnesita's but lower than Raghav Product.'s. Additionally, the six-month returns for RHI Magnesita, Morganite Crucib, DE Nora India, and Orient Ceratech are negative.

Is Nilachal Refract overvalued or undervalued?

As of April 25, 2023, Nilachal Refractories Ltd. is considered risky and overvalued, with a negative PE ratio of -3.79, an EV to EBITDA ratio of -4.51, and a year-to-date performance of -17.69%, significantly underperforming compared to the Sensex's 5.58%.

As of 25 April 2023, the valuation grade for Nilachal Refractories Ltd. has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company appears to be overvalued, given its negative PE ratio of -3.79, an EV to EBITDA ratio of -4.51, and a ROCE of -72.34%. <BR><BR>In comparison to its peers, Nilachal Refractories stands out with a notably poor performance, particularly when looking at its EV to EBITDA ratio, which is worse than many competitors in the industry. While the company has shown a slight positive return of 1.56% over the past week compared to the Sensex's 1.39%, its year-to-date performance of -17.69% starkly contrasts with the Sensex's 5.58%, reinforcing the notion that it is currently overvalued.

Why is Nilachal Refract falling/rising?

As of 09-Jun, Nilachal Refractories Ltd's stock price is declining at 40.56, down 1.1%, with a total drop of 3.98% over the past two days. The company faces negative financial results and poor growth prospects, contributing to a bearish trend and declining investor confidence.

As of 09-Jun, Nilachal Refractories Ltd is experiencing a decline in its stock price, currently at 40.56, reflecting a decrease of 0.45 or 1.1%. The stock has been losing value for the past two days, with a total drop of 3.98% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has a negative book value and has shown poor long-term growth, with net sales declining at an annual rate of 13.04% over the last five years. Additionally, the recent financial results have been disappointing, with a significant drop in profit after tax and operating profit, contributing to the stock's weak performance.<BR><BR>In the broader market context, the stock's performance over the past week has been notably poor, with a return of -2.83%, while the Sensex has increased by 1.32%. This underperformance is consistent with its year-to-date return of -21.24% compared to the Sensex's gain of 5.51%. The stock's technical indicators suggest a mildly bearish outlook, and its high debt levels further exacerbate the risk associated with investing in it. Overall, the combination of negative financial results, poor growth prospects, and unfavorable technical indicators has led to a decline in investor confidence, resulting in the stock's downward movement.

What is the technical trend for Nilachal Refract?

As of May 26, 2025, Nilachal Refract shows a mildly bearish trend overall, with conflicting signals from indicators like the weekly MACD being mildly bullish and the monthly MACD and Bollinger Bands indicating bearishness.

As of 26 May 2025, the technical trend for Nilachal Refract has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on both weekly and monthly time frames, and daily moving averages are also bearish. The KST reflects a mildly bullish trend on the weekly but is mildly bearish monthly. Overall, the indicators suggest a mildly bearish stance with some conflicting signals, particularly in the weekly timeframe.

Who are in the management team of Nilachal Refract?

As of March 2022, the management team of Nilachal Refract includes Chairman Bhagwati Prasad Jalan, Whole Time Director & CEO Saravanan Asokan, and several directors, both executive and independent, including Vimal Prakash, Niraj Jalan, Ramesh Dhandhania, and others. This diverse team guides the company's governance and strategic direction.

As of March 2022, the management team of Nilachal Refract includes the following individuals:<BR><BR>1. Bhagwati Prasad Jalan - Chairman (Non-Executive)<BR>2. Vimal Prakash - Director<BR>3. Niraj Jalan - Director<BR>4. Saravanan Asokan - Whole Time Director & CEO<BR>5. Ramesh Dhandhania - Independent Director<BR>6. S C Mishra - Independent Director<BR>7. Sundaresan Radhakrishnan - Independent Director<BR>8. Bindu Jain - Independent Director<BR>9. Pradip Kumar Mohapatra - Independent Director<BR>10. Vinay Agarwal - Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

What does Nilachal Refract do?

Nilachal Refractories Ltd operates in the refractory industry, primarily serving the steel sector, and reported net sales of 4 Cr and a net loss of 199 Cr for the quarter ending March 2025. The company has a market cap of INR 84 Cr and significant financial challenges, including a negative debt-equity ratio and no dividend yield.

Overview:<BR>Nilachal Refractories Ltd operates in the refractory industry, which is closely tied to the performance of the steel industry, and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in June 1977 as 'Ipitata Refractories Limited' and changed its name to 'Nilachal Refractories Limited' in March 2000. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 4 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -199 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 84 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 44 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.73 <BR>Return on Equity: 286.48% <BR>Price to Book: -10.90 <BR><BR>Contact Details:<BR>Address: P/598/599 Kedarnath Apartment, Lewis Road Mahabir Nager Bhubaneswar Orissa : 751002 <BR>Tel: 91-0674-2433389 <BR>Email: sales@nilachalrefractories.com <BR>Website: http://www.nilachal.in

How big is Nilachal Refract?

As of 24th July, Nilachal Refractories Ltd has a market capitalization of 87.00 Cr, with recent net sales of 0.95 Cr and a net loss of 22.03 Cr over the last four quarters. Shareholder's funds are at a loss of 5.92 Cr, and total assets are valued at 40.54 Cr.

As of 24th July, <BR><BR>Market Cap: Nilachal Refractories Ltd has a market capitalization of 87.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.95 Cr, while the sum of Net Profit for the same period reflects a loss of 22.03 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at a loss of 5.92 Cr, and Total Assets are valued at 40.54 Cr.

When is the next results date for Nilachal Refract?

Nilachal Refract will announce its results on 14 November 2025.

Nilachal Refract is scheduled to declare its results on 14 November 2025.

How has been the historical performance of Nilachal Refract?

Nilachal Refract has experienced a significant decline in net sales from 1.98 crore in March 2022 to 0.95 crore in March 2025, alongside increasing losses, culminating in a profit after tax loss of -22.02 crore in March 2025. The company's total assets have also decreased from 45.72 crore to 19.19 crore during the same period, indicating substantial financial challenges.

Answer:<BR>The historical performance of Nilachal Refract has shown a declining trend in net sales and increasing losses over the years.<BR><BR>Breakdown:<BR>Nilachal Refract's net sales have decreased from 1.98 crore in March 2022 to just 0.95 crore in March 2025, reflecting a significant decline in revenue. The total operating income followed a similar trend, dropping from 1.98 crore in March 2022 to 0.95 crore in March 2025. The company's total expenditure, excluding depreciation, surged to 22.41 crore in March 2025 from 2.62 crore in March 2022, leading to an operating profit (PBDIT) of -21.34 crore in March 2025, a stark contrast to the -0.60 crore recorded in March 2022. Consequently, the profit after tax has worsened, showing a loss of -22.02 crore in March 2025 compared to -1.66 crore in March 2022. The company's total assets have also decreased significantly from 45.72 crore in March 2022 to 19.19 crore in March 2025, while total liabilities have remained relatively stable, resulting in a negative shareholder's fund of -27.94 crore in March 2025. Cash flow from operating activities has consistently been negative, culminating in a cash flow of -1.00 crore in March 2025. Overall, Nilachal Refract has faced substantial financial challenges, marked by declining revenues and increasing losses.

Are Nilachal Refract latest results good or bad?

Nilachal Refractories' latest results are concerning, showing a net loss of ₹0.54 crores and a negative operating margin of -104.44%. Despite a significant revenue increase, the company's negative equity and operational challenges suggest a "STRONG SELL" rating.

The latest results for Nilachal Refractories indicate a challenging financial situation. In Q2 FY26, the company reported a net loss of ₹0.54 crores, which is a 28.57% increase in losses compared to the previous quarter. While revenue showed a significant growth of 125% quarter-on-quarter and an impressive 221.43% year-on-year, this growth is from a very low base and does not reflect operational viability.<BR><BR>The operating margin stands at a deeply negative -104.44%, indicating that the company's expenses far exceed its revenues. Additionally, the book value per share is negative at ₹-13.72, highlighting a concerning level of negative equity amounting to ₹27.94 crores. This deterioration from the previous year’s negative equity of ₹5.92 crores raises serious concerns about the company's financial health.<BR><BR>Overall, despite the revenue growth, the underlying fundamentals suggest that Nilachal Refractories is in a state of distress, with significant operational challenges and a lack of profitability. The assessment points towards a "STRONG SELL" rating, reflecting the severity of the situation.

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