Nilachal Refract

Which are the latest news on Nilachal Refract?

Should I buy, sell or hold Nilachal Refractories Ltd?

What does Nilachal Refract do?

Nilachal Refractories Ltd operates in the refractory industry, primarily serving the steel sector, and has reported net sales and profit of 0 Cr for March 2026, with a market cap of INR 94 Cr. The company has a negative debt-equity ratio and a return on equity of 16.78%.

Overview:<BR>Nilachal Refractories Ltd operates in the refractory industry, primarily serving the steel sector, and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in June 1977 as 'Ipitata Refractories Limited' and changed its name to 'Nilachal Refractories Limited' in March 2000. The latest reported quarterly results show net sales and net profit of 0 Cr for March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 94 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.45 <BR>Return on Equity: 16.78% <BR>Price to Book: -3.06<BR><BR>Contact Details:<BR>Address: P/598/599 Kedarnath Apartment, Lewis Road Mahabir Nager Bhubaneswar Orissa : 751002 <BR>Phone: 91-0674-2433389 <BR>Email: sales@nilachalrefractories.com <BR>Website: http://www.nilachal.in

How big is Nilachal Refract?

As of 10th June, Nilachal Refractories Ltd has a market capitalization of 94.00 Cr, with recent net sales of 1.59 Cr and a net loss of 4.85 Cr over the last four quarters. The balance sheet shows shareholder's funds at a loss of 27.94 Cr and total assets of 19.19 Cr.

As of 10th June, <BR><BR>Market Cap: Nilachal Refractories Ltd has a market capitalization of 94.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1.59 Cr, while the sum of Net Profit for the same period shows a loss of 4.85 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are recorded at a loss of 27.94 Cr, and Total Assets amount to 19.19 Cr.

Who are in the management team of Nilachal Refract?

The management team of Nilachal Refract includes Bhagwati Prasad Jalan (Chairman), Saravanan Asokan (Whole Time Director & CEO), and several directors, including Vimal Prakash, Niraj Jalan, and five independent directors. They oversee the company's operations and strategic direction.

The management team of Nilachal Refract includes the following members:<BR><BR>1. Bhagwati Prasad Jalan - Chairman (Non-Executive)<BR>2. Vimal Prakash - Director<BR>3. Niraj Jalan - Director<BR>4. Saravanan Asokan - Whole Time Director & CEO<BR>5. Ramesh Dhandhania - Independent Director<BR>6. S C Mishra - Independent Director<BR>7. Sundaresan Radhakrishnan - Independent Director<BR>8. Bindu Jain - Independent Director<BR>9. Pradip Kumar Mohapatra - Independent Director<BR>10. Vinay Agarwal - Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Nilachal Refract?

Nilachal Refract's peers include Raghav Products, IFGL Refractories, Foseco Crucible, and others, with varying management risks and growth ratings. Raghav Products leads in 1-year returns at 65.44%, while Nilachal Refract has a return of 3.77%.

Peers: The peers of Nilachal Refract are Raghav Product., IFGL Refractori., Foseco Crucible, Orient Ceratech, DE Nora India, Panasonic Carbon, Royal Arc Ele., Classic Electrod, Refractory Shap., and SP Refractories.<BR><BR>Quality Snapshot: Excellent management risk is observed at Raghav Product., IFGL Refractori., Foseco Crucible, DE Nora India, Panasonic Carbon, Royal Arc Ele., and SP Refractories, while Average management risk is found at Raghav Product., IFGL Refractori., Foseco Crucible, Royal Arc Ele., Classic Electrod, and Refractory Shap. Below Average management risk is noted at Orient Ceratech. Growth is rated as Good for Raghav Product. and Orient Ceratech, while Below Average growth is seen at IFGL Refractori., DE Nora India, Panasonic Carbon, Royal Arc Ele., Classic Electrod, and Refractory Shap. The Capital Structure is Excellent for Raghav Product., IFGL Refractori., Foseco Crucible, DE Nora India, and Panasonic Carbon, while Good is noted for Orient Ceratech and SP Refractories, and Average for Classic Electrod and Refractory Shap.<BR><BR>Return Snapshot: Raghav Product. has the highest 1-year return at 65.44%, while IFGL Refractori. has the lowest at -25.65%. Nilachal Refract's 1-year return is 3.77%, which is higher than IFGL Refractori. but lower than Raghav Product. Additionally, peers such as IFGL Refractori., Foseco Crucible, Orient Ceratech, DE Nora India, Panasonic Carbon, and Royal Arc Ele. have negative six-month returns.

Are Nilachal Refractories Ltd latest results good or bad?

Nilachal Refractories Ltd's latest results show mixed performance, with a 36.11% year-on-year revenue growth but a net loss of ₹0.36 crores and a negative operating margin of -108.16%. While revenue recovery is evident, ongoing losses and negative shareholder equity indicate significant challenges ahead.

Nilachal Refractories Ltd's latest results present a mixed picture. On one hand, the company achieved a notable revenue growth of 36.11% year-on-year and 8.89% quarter-on-quarter, reaching ₹0.49 crores in Q4 FY26, which is encouraging. However, despite this revenue increase, the company reported a net loss of ₹0.36 crores, although this loss has narrowed significantly from ₹3.53 crores in the previous quarter.<BR><BR>The operating margin remains a critical concern, standing at a deeply negative -108.16%, indicating ongoing operational inefficiencies. Additionally, the book value per share is negative at -₹13.72, reflecting a troubling financial position with negative shareholder equity of ₹27.94 crores.<BR><BR>Overall, while there are signs of revenue recovery, the persistent losses and negative operating margins overshadow these positives. The company's fundamentals remain weak, and it faces significant challenges in restoring investor confidence and achieving sustainable profitability. Therefore, the results can be characterized as concerning, with critical issues that need to be addressed for any meaningful improvement.

When is the next results date for Nilachal Refractories Ltd?

Nilachal Refractories Ltd will announce its results on January 24, 2026.

Nilachal Refractories Ltd is scheduled to declare its results on January 24, 2026.

How has been the historical performance of Nilachal Refract?

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.

Answer:<BR>The historical performance of Nilachal Refract has shown a declining trend in net sales and increasing losses over the years.<BR><BR>Breakdown:<BR>Nilachal Refract's net sales have decreased from 1.98 crore in March 2022 to just 0.95 crore in March 2025, reflecting a significant decline in revenue. The total operating income followed a similar trend, dropping from 1.98 crore in March 2022 to 0.95 crore in March 2025. The company's total expenditure, excluding depreciation, surged to 22.41 crore in March 2025 from 2.62 crore in March 2022, leading to an operating profit (PBDIT) of -21.34 crore in March 2025, a stark contrast to the -0.60 crore recorded in March 2022. Consequently, the profit after tax has worsened, showing a loss of -22.02 crore in March 2025 compared to -1.66 crore in March 2022. The company's total assets have also decreased significantly from 45.72 crore in March 2022 to 19.19 crore in March 2025, while total liabilities have remained relatively stable, resulting in a negative shareholder's fund of -27.94 crore in March 2025. Cash flow from operating activities has consistently been negative, culminating in a cash flow of -1.00 crore in March 2025. Overall, Nilachal Refract has faced substantial financial challenges, marked by declining revenues and increasing losses.

Is Nilachal Refract overvalued or undervalued?

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%.

As of 25 April 2023, the valuation grade for Nilachal Refractories Ltd. has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company appears to be overvalued, given its negative PE ratio of -3.79, an EV to EBITDA ratio of -4.51, and a ROCE of -72.34%. <BR><BR>In comparison to its peers, Nilachal Refractories stands out with a notably poor performance, particularly when looking at its EV to EBITDA ratio, which is worse than many competitors in the industry. While the company has shown a slight positive return of 1.56% over the past week compared to the Sensex's 1.39%, its year-to-date performance of -17.69% starkly contrasts with the Sensex's 5.58%, reinforcing the notion that it is currently overvalued.

Why is Nilachal Refract falling/rising?

As of 09-Jun, Nilachal Refractories Ltd's stock price is declining at 40.56, down 1.1%, with a total drop of 3.98% over the past two days. The company faces negative financial results and poor growth prospects, contributing to a bearish trend and declining investor confidence.

As of 09-Jun, Nilachal Refractories Ltd is experiencing a decline in its stock price, currently at 40.56, reflecting a decrease of 0.45 or 1.1%. The stock has been losing value for the past two days, with a total drop of 3.98% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has a negative book value and has shown poor long-term growth, with net sales declining at an annual rate of 13.04% over the last five years. Additionally, the recent financial results have been disappointing, with a significant drop in profit after tax and operating profit, contributing to the stock's weak performance.<BR><BR>In the broader market context, the stock's performance over the past week has been notably poor, with a return of -2.83%, while the Sensex has increased by 1.32%. This underperformance is consistent with its year-to-date return of -21.24% compared to the Sensex's gain of 5.51%. The stock's technical indicators suggest a mildly bearish outlook, and its high debt levels further exacerbate the risk associated with investing in it. Overall, the combination of negative financial results, poor growth prospects, and unfavorable technical indicators has led to a decline in investor confidence, resulting in the stock's downward movement.

What is the technical trend for Nilachal Refract?

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 26 May 2025, the technical trend for Nilachal Refract has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on both weekly and monthly time frames, and daily moving averages are also bearish. The KST reflects a mildly bullish trend on the weekly but is mildly bearish monthly. Overall, the indicators suggest a mildly bearish stance with some conflicting signals, particularly in the weekly timeframe.

Who are the top shareholders of the Nilachal Refract?

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.

The top shareholders of Nilachal Refract include Minicraft Enterprise Pvt Ltd, which holds the highest stake at 13.81%. The next significant shareholder is Sushil Kumar Agarwal, with a holding of 11.58%. Additionally, individual investors collectively own 29.25% of the company. There are no mutual funds or foreign institutional investors currently holding shares in Nilachal Refract.

Has Nilachal Refract declared dividend?

No Dividend History Available