How has been the historical performance of IFGL Refractori.?

Answer:The historical performance of IFGL Refractori shows a steady increase in net sales over the years, reaching 1,653.03 Cr in March 2025, up from 1,639.49 Cr in March 2024 and significantly higher than 1,386.50 Cr in March 2023. The total operating income followed a similar trend, matching net sales figures. However, the total expenditure also rose, amounting to 1,524.41 Cr in March 2025, compared to 1,485.12 Cr in March 2024 and 1,233.56 Cr in March 2023. This resulted in an operating profit (PBDIT) of 146.03 Cr in March 2025, down from 173.14 Cr in March 2024, indicating a decline in profitability despite higher sales. The profit before tax decreased to 59.54 Cr in March 2025 from 97.83 Cr in March 2024, leading to a net profit of 42.98 Cr, a significant drop from 81.67 Cr in the previous year. The earnings per share (EPS) also reflected this decline, falling to 11.93 in March 2025 from 22.66 in March 2024.

Breakdown:
IFGL Refractori's financial performance over the years indicates a consistent growth in net sales, which increased from 1,021.95 Cr in March 2021 to 1,653.03 Cr in March 2025. However, the rise in total expenditure, particularly in raw material costs and employee costs, has impacted profitability. Operating profit margins have decreased from 15.2% in March 2021 to 7.78% in March 2025, reflecting challenges in maintaining profitability amidst rising costs. The profit before tax and net profit figures have also shown a downward trend, with net profit dropping from 81.67 Cr in March 2024 to 42.98 Cr in March 2025. This decline in profitability is further emphasized by the decrease in earnings per share, which fell from 22.66 to 11.93 over the same period. Overall, while sales growth is evident, the company faces pressures on profitability that need to be addressed.