Refractory Shap.

What does Refractory do?

Refractory Shapes Ltd specializes in producing custom refractory shapes in the Electrodes & Refractories industry, with a market cap of Rs 130 Cr. The company has a P/E ratio of 22.00 and a return on equity of 29.81%, but lacks recent sales or profit data.

Overview: <BR>Refractory Shapes Ltd specializes in the production of special shaped and custom-made refractory shapes and operates within the Electrodes & Refractories industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Refractory Shapes Ltd was originally formed in 1973 as a Proprietorship Firm under the name "M/s. Refractory Shapes." The company transitioned from a Proprietary Firm to a corporate entity and has since introduced various new products. There is no recent sales or profit data available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: Rs 130 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 22.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.00 <BR>Return on Equity: 29.81% <BR>Price-to-Book: 6.41 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

When is the next results date for Refractory?

No Upcoming Board Meetings

Has Refractory declared dividend?

No Dividend History Available

Who are the peers of the Refractory?

Peers of the Refractory include Vesuvius India, Graphite India, HEG, RHI Magnesita, Raghav Product, IFGL Refractories, Morganite Crucible, DE Nora India, Nilachal Refractories, and SP Refractories. Raghav Product has the highest 1-year return at 112.42%, while RHI Magnesita has the lowest at -37.81%, with the Refractory's return at 0.00%.

Peers: The peers of the Refractory are Vesuvius India, Graphite India, HEG, RHI Magnesita, Raghav Product., IFGL Refractori., Morganite Crucib, DE Nora India, Nilachal Refract, and SP Refractories.<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, DE Nora India, SP Refractories, and the rest. Good growth is seen at Vesuvius India and Refractory, while Average growth is noted at Graphite India, RHI Magnesita, Raghav Product., and the rest, with Below Average growth at HEG, IFGL Refractori., Morganite Crucib, DE Nora India, and SP Refractories. Excellent capital structure is present in Vesuvius India, Graphite India, HEG, RHI Magnesita, Raghav Product., IFGL Refractori., Morganite Crucib, DE Nora India, and the rest, while Below Average capital structure is noted at SP Refractories and Refractory.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Raghav Product. at 112.42%, while the lowest is RHI Magnesita at -37.81%. The Refractory's own 1-year return is 0.00%, which is significantly lower than Raghav Product. and higher than RHI Magnesita. Additionally, several peers, including RHI Magnesita, IFGL Refractori., Morganite Crucib, DE Nora India, and SP Refractories, have negative six-month returns.

What is the technical trend for Refractory?

As of May 19, 2025, Refractory's technical trend is mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite some conflicting mildly bullish signals from the weekly MACD and KST.

As of 19 May 2025, the technical trend for Refractory has changed from sideways to mildly bearish. The daily moving averages indicate a bearish stance, while the weekly MACD and KST show a mildly bullish signal, suggesting some conflicting indicators. The weekly Bollinger Bands are bearish, and Dow Theory indicates a bearish trend as well. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mildly bullish signals from MACD and KST on the weekly timeframe.

Who are the top shareholders of the Refractory Shap.?

The top shareholders of Refractory Shap include Dayashankar Krishna Shetty with 24.64%, followed by Next Orbit Ventures Fund at 2.33%, and individual investors holding 19.53%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Refractory Shap include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Dayashankar Krishna Shetty, owning 24.64% of the company. Additionally, there are three foreign institutional investors (FIIs) holding a combined 0.65% of the shares. The highest public shareholder is Next Orbit Ventures Fund, which holds 2.33%. Individual investors collectively own 19.53% of the company. There are no pledged promoter holdings and no mutual funds currently invested in the company.

How big is Refractory Shap.?

As of 24th July, Refractory Shapes Ltd has a market capitalization of 122.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. The balance sheet as of March 2024 shows Shareholder's Funds of 20.84 Cr and Total Assets of 51.81 Cr.

As of 24th July, <BR><BR>Market Cap: Refractory Shapes Ltd has a market capitalization of 122.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 20.84 Cr and Total Assets valued at 51.81 Cr.

How has been the historical performance of Refractory Shap.?

Refractory Shap has shown strong financial growth over the past three years, with net sales increasing from 37.97 Cr in Mar'23 to 58.77 Cr in Mar'25, and net profit rising from 1.92 Cr to 6.26 Cr. The company also improved operational efficiency, as indicated by rising operating profit and positive cash flow recovery.

Answer:<BR>The historical performance of Refractory Shap shows a positive trend in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Refractory Shap's net sales increased significantly from 37.97 Cr in Mar'23 to 58.77 Cr in Mar'25, reflecting a strong growth trajectory. Total operating income followed suit, rising from 37.97 Cr in Mar'23 to 58.77 Cr in Mar'25. The company's total expenditure also rose, from 34.11 Cr in Mar'23 to 48.47 Cr in Mar'25, driven by higher raw material costs and other expenses. Operating profit (PBDIT) improved from 4.61 Cr in Mar'23 to 11.35 Cr in Mar'25, indicating better operational efficiency. Profit before tax increased from 2.49 Cr in Mar'23 to 8.07 Cr in Mar'25, while profit after tax rose from 1.82 Cr to 6.05 Cr in the same period. The consolidated net profit also saw a substantial increase from 1.92 Cr in Mar'23 to 6.26 Cr in Mar'25. The company's total assets grew from 49.13 Cr in Mar'23 to 69.80 Cr in Mar'25, with total liabilities increasing from 49.13 Cr to 69.80 Cr. Cash flow from operating activities showed a recovery, moving from a negative 2.00 Cr in Mar'24 to a positive 1.00 Cr in Mar'25, while cash flow from financing activities improved significantly from 3.00 Cr to 10.00 Cr. Overall, Refractory Shap has demonstrated robust growth in sales, profits, and asset base over the past three years.

Is Refractory Shap. overvalued or undervalued?

As of November 28, 2025, Refractory Shap. is considered very expensive and overvalued with a PE Ratio of 17.17 and an EV to EBITDA of 11.36, especially when compared to peers like Vesuvius India and RHI Magnesita, and has underperformed with a year-to-date return of -49.84% versus the Sensex's 10.82%.

As of 28 November 2025, the valuation grade for Refractory Shap. has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued. Key ratios include a PE Ratio of 17.17, an EV to EBITDA of 11.36, and a ROCE of 13.51%. <BR><BR>When compared to peers, Vesuvius India has a much higher PE Ratio of 40.07 and an EV to EBITDA of 26.73, while RHI Magnesita, which is rated as attractive, shows a PE of 61. This stark contrast highlights the overvaluation of Refractory Shap. Additionally, the company's stock has underperformed significantly, with a year-to-date return of -49.84% compared to the Sensex's 10.82%, reinforcing the notion that the stock may be overvalued in the current market environment.

Which are the latest news on Refractory Shap.?

Why is Refractory Shapes Ltd falling/rising?

As of 09-Feb, the stock price of Refractory Shapes Ltd is at 46.00, down 0.33%. The stock has significantly underperformed over the past year, with a 48.37% decline, and is currently trading below key moving averages, indicating a bearish trend despite recent increases in investor participation.

As of 09-Feb, the stock price of Refractory Shapes Ltd is currently at 46.00, reflecting a decrease of 0.15, or 0.33%. This decline can be attributed to several factors. Over the past week, while the stock has shown a positive return of 5.75%, it has significantly underperformed in the longer term, with a 1-month decline of 9.80% and a year-to-date decrease of 16.52%. Furthermore, the stock has experienced a substantial drop of 48.37% over the past year, contrasting sharply with the Sensex, which has gained 9.79% in the same period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.65%. Although it is currently trading higher than its 5-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the medium to long term. Additionally, while there has been a notable increase in investor participation, with delivery volume rising by 689.47% against the 5-day average, this has not translated into a positive price movement. Overall, the combination of poor long-term performance, underperformance relative to the sector, and the current trading below key moving averages contributes to the stock's decline.