Nilachal Refractories Ltd

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.

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, with a profit after tax worsening from -1.66 crore to -22.02 crore during the same period. The company's total assets also decreased from 45.72 crore to 19.19 crore, resulting in a negative shareholder's fund of -27.94 crore by March 2025.

Nilachal Refractories' latest results show a mixed performance: while net sales declined by 44.44%, net profit increased by 97.89%, indicating recovery from previous losses. Overall, the financial metrics suggest stabilization, but stakeholders should remain cautious.

Nilachal Refract will announce its results on 14 November 2025.

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, with a net profit of -22.02 crore in March 2025 compared to -1.66 crore in March 2022. The company's total expenditure surged, leading to negative operating profit and worsening financial challenges.

Nilachal Refractories' latest results are poor, with significant declines in profitability, including a Profit Before Tax of Rs -20.09 crore and a Profit After Tax of Rs -19.94 crore, despite a 24.14% growth in net sales. Overall, key financial indicators reflect a challenging quarter for the company.

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.

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.

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 10-Jun, Nilachal Refractories Ltd is currently priced at Rs 43.50, reflecting a short-term gain despite a negative long-term outlook, including a 16.91% decline over the past year and poor financial fundamentals. The stock has shown some positive movement today but continues to underperform against broader market indices.

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 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%.

Nilachal Refractories' latest results are concerning, with significant losses reported, including a Profit Before Tax of Rs -20.09 crore and a Profit After Tax of Rs -19.94 crore, indicating a downturn in profitability and operational efficiency. Despite a 24.14% growth in net sales, the overall financial performance suggests the need for strategic reassessment.

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.

Nilachal Refract's peers include Vesuvius India, Graphite India, HEG, RHI Magnesita, Raghav Products, IFGL Refractories, Morganite Crucible, DE Nora India, and Orient Ceratech. Vesuvius India shows excellent management and growth, while Raghav Products has the highest 1-year return at 112.42%, and RHI Magnesita has the lowest at -37.92%.