{
  "main_header": {
    "sid": 10039244,
    "name": "Refractory Shap.",
    "stock_name": "Refractory Shap.",
    "full_name": "Refractory Shapes Ltd",
    "name_url": "stocks-analysis/refractory-shap",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "53.80",
    "chg": -0.65,
    "chgp": "-1.19%",
    "dir": -1,
    "prev_price": "54.45",
    "mcapval": "119.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "REFRACTORY",
    "ind_name": "Electrodes & Refractories",
    "ind_code": 82,
    "indexname": "",
    "isin": "INE0TNX01015",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": 26000,
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/refractory-shap-10039244-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Is Refractory Shap. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-refractory-shap-overvalued-or-undervalued-3736682",
        "imagepath": "",
        "date": "2025-11-29 08:34:19",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Current Valuation Metrics</strong></p>\n<p>Refractory Shap. trades at a price-to-earnings (PE) ratio of approximately 17.2, which is moderate compared to some of its peers but still indicative of a premium valuation given the industry standards. The price-to-book (P/B) value stands at 2.31, suggesting investors are paying more than twice the company's net asset value. Enterprise value multiples such as EV to EBIT and EV to EBITDA are 14.92 and 11.36 respectively, reflecting a relatively high valuation compared to typical industrial benchmarks.</p>\n<p>Return on capital employed (ROCE) and return on equity (ROE) hover around 13.5%, signalling decent profitability and efficient capital utilisation. However, the absence of a dividend yield may deter income-focused investors, placing greater empha..."
      },
      {
        "title": "Why is Refractory Shap. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-refractory-shap-fallingrising-3703723",
        "imagepath": "",
        "date": "2025-11-15 00:10:51",
        "description": "As of 14-Nov, Refractory Shapes Ltd is experiencing a price increase, currently at 54.00, which reflects a rise of 1.3 or 2.47%. The stock has shown a notable performance today, outperforming its sector by 2.51%. Additionally, the stock's delivery volume has significantly increased by 71.64% compared to the 5-day average, indicating rising investor participation. While the stock has underperformed in the longer term, with a year-to-date decline of 43.16% and a one-year drop of 55.79%, it has seen a substantial increase of 31.71% over the past month. The moving averages indicate that the stock is currently above the 20-day, 50-day, and 100-day averages but below the 5-day and 200-day averages, suggesting mixed signals in its recent price trends.\n\nIn the broader market context, the Sensex has increased by 1.64% over the past week, while Refractory Shapes Ltd has declined by 6.41% during the same period, indic..."
      },
      {
        "title": "How has been the historical performance of Refractory Shap.?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-refractory-shap-3699841",
        "imagepath": "",
        "date": "2025-11-13 23:52:29",
        "description": "Answer:\nThe historical performance of Refractory Shap shows a positive trend in key financial metrics over the past three years.\n\nBreakdown:\nRefractory 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..."
      },
      {
        "title": "Why is Refractory Shap. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-refractory-shap-fallingrising-3691445",
        "imagepath": "",
        "date": "2025-11-12 00:19:04",
        "description": "As of 11-Nov, Refractory Shapes Ltd's stock price is currently at 52.10, reflecting a decrease of 2.75, or 5.01%. The stock has underperformed its sector today by 5.47%, and its delivery volume has significantly decreased by 38.27% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 4.93%, while it has shown a substantial increase of 23.46% over the past month. However, the year-to-date performance is notably poor, with a decline of 45.16%, and the stock has dropped 57.35% over the past year. There is no information available regarding positive or negative factors that could explain the recent price movement.\n\nIn the broader market context, the Sensex has increased by 0.38% over the past week, contrasting with Refractory Shapes Ltd's decline, which highlights the stock's underperformance relative to the benchmark. While the stock has outper..."
      },
      {
        "title": "Why is Refractory Shap. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-refractory-shap-fallingrising-3677736",
        "imagepath": "",
        "date": "2025-11-07 00:18:22",
        "description": "As of 06-Nov, Refractory Shapes Ltd is experiencing a price increase, currently at 56.15, reflecting a rise of 1.35 or 2.46%. The stock has shown strong performance recently, with a 1-week return of +18.21% and a 1-month return of +27.76%, significantly outperforming the Sensex, which has declined by 1.42% over the same week. However, the stock's year-to-date performance remains negative at -40.89%, and it has declined by -54.03% over the past year. Today's price summary indicates that the stock has outperformed its sector by 3.27%, and while it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 26.67% compared to the 5-day average.\n\nIn the broader market context, Refractory Shapes Ltd's recent short-term gains contrast sharply with the..."
      },
      {
        "title": "Why is Refractory Shap. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-refractory-shap-fallingrising-3668528",
        "imagepath": "",
        "date": "2025-11-03 23:55:11",
        "description": "As of 03-Nov, Refractory Shapes Ltd is experiencing a price increase, with its current price at 52.20, reflecting a rise of 2.45 or 4.92%. The stock has shown strong performance recently, with a 1-week return of +17.97%, significantly outperforming the Sensex, which declined by 0.78%. Additionally, the stock's performance today has outpaced its sector by 3.46%. The delivery volume has also increased by 17.35% compared to the 5-day average, indicating rising investor participation. However, the stock remains lower than its 100-day and 200-day moving averages, suggesting that while there is positive momentum, it has not yet regained longer-term stability.\n\nIn the broader market context, the stock's recent short-term performance contrasts sharply with its year-to-date return of -45.05%, while the Sensex has gained 8.96% over the same period. This indicates that despite the recent uptick, the stock has struggle..."
      },
      {
        "title": "Why is Refractory Shap. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-refractory-shap-fallingrising-3654049",
        "imagepath": "",
        "date": "2025-10-29 02:13:53",
        "description": "As of 28-Oct, Refractory Shapes Ltd's stock price is currently at 46.45, reflecting an increase of 2.2, or 4.97%. The stock has shown a strong performance today, outperforming its sector by 5.31%. Additionally, the stock's delivery volume has risen significantly, with a 36.36% increase compared to the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has experienced a decline of 8.92% over the past month and a substantial drop of 51.11% year-to-date, suggesting ongoing challenges despite recent gains. There are no specific positive or negative factors available to further explain the stock's recent movement.\n\nIn the broader market context, Refractory Shapes Ltd's short-term return of +9.94% over the past week significantly outpaces the Sensex, which has only increased by 0.26% in the same period. This indicates that while the stock has recently ga..."
      },
      {
        "title": "Is Refractory Shap. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-refractory-shap-overvalued-or-undervalued-3646753",
        "imagepath": "",
        "date": "2025-10-27 08:06:18",
        "description": "As of 24 October 2025, the valuation grade for Refractory Shap. has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 15.19, an EV to EBITDA of 10.19, and a Price to Book Value of 2.04. \n\nIn comparison to its peers, Vesuvius India has a much higher PE Ratio of 39.64, while RHI Magnesita, which is rated very attractive, boasts a PE of 56.23. This suggests that Refractory Shap. is not only overvalued relative to its own historical performance but also when compared to its industry peers. Notably, the company's stock has underperformed significantly, with a year-to-date return of -55.63%, contrasting sharply with the Sensex's positive return of 9.09% over the same period...."
      },
      {
        "title": "Is Refractory Shap. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-refractory-shap-overvalued-or-undervalued-3645813",
        "imagepath": "",
        "date": "2025-10-26 08:06:01",
        "description": "As of 24 October 2025, the valuation grade for Refractory Shap. has moved from expensive to very expensive. The company appears to be overvalued based on its current financial ratios. The PE ratio stands at 15.19, while the EV to EBITDA ratio is 10.19, and the Price to Book Value is 2.04, indicating a premium compared to its earnings and asset values.\n\nIn comparison to peers, Vesuvius India has a significantly higher PE ratio of 39.64 and EV to EBITDA of 28.32, while RHI Magnesita, which is rated very attractive, has a PE of 56.23. This suggests that Refractory Shap. is not only overvalued in its current state but also less favorable compared to its more attractive peers. Additionally, the company's stock has underperformed significantly, with a year-to-date return of -55.63%, contrasting sharply with the Sensex's positive return of 9.09% during the same period...."
      }
    ],
    "total": 100,
    "sid": "10039244",
    "stock_news_url": "https://www.marketsmojo.com/news/refractory-shapes-10039244"
  },
  "announcements": "",
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is Refractory Shap. overvalued or undervalued?

2025-11-29 08:34:19

Current Valuation Metrics

Refractory Shap. trades at a price-to-earnings (PE) ratio of approximately 17.2, which is moderate compared to some of its peers but still indicative of a premium valuation given the industry standards. The price-to-book (P/B) value stands at 2.31, suggesting investors are paying more than twice the company's net asset value. Enterprise value multiples such as EV to EBIT and EV to EBITDA are 14.92 and 11.36 respectively, reflecting a relatively high valuation compared to typical industrial benchmarks.

Return on capital employed (ROCE) and return on equity (ROE) hover around 13.5%, signalling decent profitability and efficient capital utilisation. However, the absence of a dividend yield may deter income-focused investors, placing greater empha...

Read More

Why is Refractory Shap. falling/rising?

2025-11-15 00:10:51

As of 14-Nov, Refractory Shapes Ltd is experiencing a price increase, currently at 54.00, which reflects a rise of 1.3 or 2.47%. The stock has shown a notable performance today, outperforming its sector by 2.51%. Additionally, the stock's delivery volume has significantly increased by 71.64% compared to the 5-day average, indicating rising investor participation. While the stock has underperformed in the longer term, with a year-to-date decline of 43.16% and a one-year drop of 55.79%, it has seen a substantial increase of 31.71% over the past month. The moving averages indicate that the stock is currently above the 20-day, 50-day, and 100-day averages but below the 5-day and 200-day averages, suggesting mixed signals in its recent price trends. In the broader market context, the Sensex has increased by 1.64% over the past week, while Refractory Shapes Ltd has declined by 6.41% during the same period, indic...

Read More

How has been the historical performance of Refractory Shap.?

2025-11-13 23:52:29

Answer: The historical performance of Refractory Shap shows a positive trend in key financial metrics over the past three years. Breakdown: 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...

Read More

Why is Refractory Shap. falling/rising?

2025-11-12 00:19:04

As of 11-Nov, Refractory Shapes Ltd's stock price is currently at 52.10, reflecting a decrease of 2.75, or 5.01%. The stock has underperformed its sector today by 5.47%, and its delivery volume has significantly decreased by 38.27% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 4.93%, while it has shown a substantial increase of 23.46% over the past month. However, the year-to-date performance is notably poor, with a decline of 45.16%, and the stock has dropped 57.35% over the past year. There is no information available regarding positive or negative factors that could explain the recent price movement. In the broader market context, the Sensex has increased by 0.38% over the past week, contrasting with Refractory Shapes Ltd's decline, which highlights the stock's underperformance relative to the benchmark. While the stock has outper...

Read More

Why is Refractory Shap. falling/rising?

2025-11-07 00:18:22

As of 06-Nov, Refractory Shapes Ltd is experiencing a price increase, currently at 56.15, reflecting a rise of 1.35 or 2.46%. The stock has shown strong performance recently, with a 1-week return of +18.21% and a 1-month return of +27.76%, significantly outperforming the Sensex, which has declined by 1.42% over the same week. However, the stock's year-to-date performance remains negative at -40.89%, and it has declined by -54.03% over the past year. Today's price summary indicates that the stock has outperformed its sector by 3.27%, and while it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 26.67% compared to the 5-day average. In the broader market context, Refractory Shapes Ltd's recent short-term gains contrast sharply with the...

Read More

Why is Refractory Shap. falling/rising?

2025-11-03 23:55:11

As of 03-Nov, Refractory Shapes Ltd is experiencing a price increase, with its current price at 52.20, reflecting a rise of 2.45 or 4.92%. The stock has shown strong performance recently, with a 1-week return of +17.97%, significantly outperforming the Sensex, which declined by 0.78%. Additionally, the stock's performance today has outpaced its sector by 3.46%. The delivery volume has also increased by 17.35% compared to the 5-day average, indicating rising investor participation. However, the stock remains lower than its 100-day and 200-day moving averages, suggesting that while there is positive momentum, it has not yet regained longer-term stability. In the broader market context, the stock's recent short-term performance contrasts sharply with its year-to-date return of -45.05%, while the Sensex has gained 8.96% over the same period. This indicates that despite the recent uptick, the stock has struggle...

Read More

Why is Refractory Shap. falling/rising?

2025-10-29 02:13:53

As of 28-Oct, Refractory Shapes Ltd's stock price is currently at 46.45, reflecting an increase of 2.2, or 4.97%. The stock has shown a strong performance today, outperforming its sector by 5.31%. Additionally, the stock's delivery volume has risen significantly, with a 36.36% increase compared to the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has experienced a decline of 8.92% over the past month and a substantial drop of 51.11% year-to-date, suggesting ongoing challenges despite recent gains. There are no specific positive or negative factors available to further explain the stock's recent movement. In the broader market context, Refractory Shapes Ltd's short-term return of +9.94% over the past week significantly outpaces the Sensex, which has only increased by 0.26% in the same period. This indicates that while the stock has recently ga...

Read More

Is Refractory Shap. overvalued or undervalued?

2025-10-27 08:06:18

As of 24 October 2025, the valuation grade for Refractory Shap. has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 15.19, an EV to EBITDA of 10.19, and a Price to Book Value of 2.04. In comparison to its peers, Vesuvius India has a much higher PE Ratio of 39.64, while RHI Magnesita, which is rated very attractive, boasts a PE of 56.23. This suggests that Refractory Shap. is not only overvalued relative to its own historical performance but also when compared to its industry peers. Notably, the company's stock has underperformed significantly, with a year-to-date return of -55.63%, contrasting sharply with the Sensex's positive return of 9.09% over the same period....

Read More

Is Refractory Shap. overvalued or undervalued?

2025-10-26 08:06:01

As of 24 October 2025, the valuation grade for Refractory Shap. has moved from expensive to very expensive. The company appears to be overvalued based on its current financial ratios. The PE ratio stands at 15.19, while the EV to EBITDA ratio is 10.19, and the Price to Book Value is 2.04, indicating a premium compared to its earnings and asset values. In comparison to peers, Vesuvius India has a significantly higher PE ratio of 39.64 and EV to EBITDA of 28.32, while RHI Magnesita, which is rated very attractive, has a PE of 56.23. This suggests that Refractory Shap. is not only overvalued in its current state but also less favorable compared to its more attractive peers. Additionally, the company's stock has underperformed significantly, with a year-to-date return of -55.63%, contrasting sharply with the Sensex's positive return of 9.09% during the same period....

Read More

View All News