Results Snapshot
Figures in Million
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
1,77,738.00
1,44,072.00
1,44,175.00
1,24,963.00
1,10,784.00
99,969.00
1,18,973.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,77,738.00
1,44,072.00
1,44,175.00
1,24,963.00
1,10,784.00
99,969.00
1,18,973.00
Raw Material Cost
1,34,705.00
1,08,886.00
1,11,096.00
97,514.00
86,189.00
79,986.00
95,817.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
1,342.00
477.00
219.00
174.00
95.00
105.00
126.00
Selling and Distribution Expenses
27,723.00
20,318.00
17,642.00
15,222.00
13,243.00
11,545.00
12,405.00
Other Expenses
35.80
111.20
132.90
120.80
114.90
104.60
102.70
Total Expenditure (Excl Depreciation)
1,64,128.00
1,30,793.00
1,30,286.00
1,14,118.00
1,00,676.00
92,682.00
1,09,375.00
Operating Profit (PBDIT) excl Other Income
13610
13279
13889
10845
10108
7287
9598
Other Income
40,761.00
2,145.00
9,818.00
1,764.00
635.00
711.00
147.00
Operating Profit (PBDIT)
62,895.00
20,078.00
27,495.00
15,521.00
13,397.00
10,540.00
12,244.00
Interest
1,342.00
477.00
219.00
174.00
95.00
105.00
126.00
Exceptional Items
-9,658.00
-86.00
-859.00
62.00
-1,209.00
-3,441.00
-1,475.00
Gross Profit (PBDT)
43,033.00
35,186.00
33,079.00
27,449.00
24,595.00
19,983.00
23,156.00
Depreciation
8,524.00
4,674.00
3,807.00
2,931.00
2,684.00
2,581.00
2,538.00
Profit Before Tax
43,368.00
14,840.00
22,611.00
12,478.00
9,413.00
4,413.00
8,102.00
Tax
17,143.00
4,725.00
6,839.00
3,710.00
2,600.00
1,321.00
1,529.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
26,072.00
9,778.00
15,281.00
8,307.00
5,309.00
2,115.00
5,551.00
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
26,072.00
9,778.00
15,281.00
8,307.00
5,309.00
2,115.00
5,551.00
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
153.00
337.00
490.00
460.00
1,504.00
977.00
1,022.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
26,225.00
10,115.00
15,771.00
8,767.00
6,813.00
3,092.00
6,573.00
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
1,06,940.00
88,998.00
83,425.00
68,115.00
60,170.00
60,680.00
58,009.00
Earnings per share (EPS)
571.44
214.47
328.44
177.59
113.55
45.25
118.86
Diluted Earnings per share
571.44
214.47
328.44
177.59
113.55
45.25
118.86
Operating Profit Margin (Excl OI)
7.66%
9.2%
9.62%
8.66%
9.1%
7.25%
8.03%
Gross Profit Margin
29.2%
13.54%
18.32%
12.33%
10.92%
7.0%
8.94%
PAT Margin
14.67%
6.79%
10.6%
6.65%
4.79%
2.12%
4.67%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 23.37% vs -0.07% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 159.27% vs -35.86% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 23.43% vs 1.45% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 181.34% vs 117.81% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Shinagawa Refractories Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
1,77,738.00
31,484.56
1,46,253.44
464.52%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,77,738.00
31,484.56
1,46,253.44
464.52%
Raw Material Cost
1,34,705.00
23,182.49
1,11,522.51
481.06%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
1,342.00
35.13
1,306.87
3,720.10%
Selling and Distribution Expenses
27,723.00
4,233.69
23,489.31
554.82%
Other Expenses
35.80
59.16
-23.36
-39.49%
Total Expenditure (Excl Depreciation)
1,64,128.00
28,042.91
1,36,085.09
485.27%
Operating Profit (PBDIT) excl Other Income
13,610.00
3,441.65
10,168.35
295.45%
Other Income
40,761.00
2,040.55
38,720.45
1,897.55%
Operating Profit (PBDIT)
62,895.00
6,616.30
56,278.70
850.61%
Interest
1,342.00
35.13
1,306.87
3,720.10%
Exceptional Items
-9,658.00
-17.08
-9,640.92
-56,445.67%
Gross Profit (PBDT)
43,033.00
8,302.07
34,730.93
418.34%
Depreciation
8,524.00
1,134.10
7,389.90
651.61%
Profit Before Tax
43,368.00
5,429.98
37,938.02
698.68%
Tax
17,143.00
1,323.58
15,819.42
1,195.20%
Provisions and contingencies
0
0
0.00
Profit After Tax
26,072.00
3,740.87
22,331.13
596.95%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
26,072.00
3,740.87
22,331.13
596.95%
Share in Profit of Associates
0
0
0.00
Minority Interest
153.00
365.54
-212.54
-58.14%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
26,225.00
4,106.40
22,118.60
538.64%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
1,06,940.00
47,173.99
59,766.01
126.69%
Earnings per share (EPS)
571.44
84.19
487.25
578.75%
Diluted Earnings per share
571.44
84.19
487.25
578.75%
Operating Profit Margin (Excl OI)
7.66%
10.93%
0.00
-3.27%
Gross Profit Margin
29.20%
20.85%
0.00
8.35%
PAT Margin
14.67%
11.88%
0.00
2.79%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 17,773.80 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 23.37% vs -0.07% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 2,622.50 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 159.27% vs -35.86% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 2,213.40 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 23.43% vs 1.45% in Mar 2025
Annual - Interest
Interest 134.20 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 181.34% vs 117.81% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 7.66%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






