SP Refractories

When is the next results date for SP Refractories?

No Upcoming Board Meetings

Has SP Refractories declared dividend?

No Dividend History Available

Is SP Refractories overvalued or undervalued?

As of November 25, 2024, SP Refractories is considered overvalued with a PE ratio of 11.48 and a valuation grade of "does not qualify," despite strong operational metrics like a 20.64% ROCE and a year-to-date decline of 23.33%, contrasting sharply with its peers.

As of 25 November 2024, SP Refractories' valuation grade has moved from risky to does not qualify, indicating a significant shift in its investment profile. The company is currently deemed overvalued, with a PE ratio of 11.48, an EV to EBITDA of 8.12, and a PEG ratio of 0.34, which suggests that despite its low valuation metrics, it does not meet the criteria for a favorable investment at this time.<BR><BR>In comparison to its peers, SP Refractories stands out with a much lower PE ratio than Vesuvius India Ltd. at 48.3 and RHI Magnesita India Refractories Ltd. at 46.14, both of which are categorized as very expensive. Additionally, SP Refractories' ROCE of 20.64% and ROE of 19.91% reflect strong operational efficiency, yet the overall market sentiment and recent stock performance, including a year-to-date decline of 23.33% compared to a 6.24% gain in the Sensex, reinforce the view that the stock is currently overvalued.

What is the technical trend for SP Refractories?

As of May 6, 2025, SP Refractories shows a mildly bearish trend overall, with bearish signals from the RSI and moving averages, despite some mild bullishness in the weekly MACD.

As of 6 May 2025, the technical trend for SP Refractories has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish outlook. The weekly RSI is bearish, and Bollinger Bands are bearish on both weekly and monthly time frames. Daily moving averages are mildly bearish, and the KST is mildly bearish on a weekly basis. Dow Theory indicates a bearish trend on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, primarily driven by the bearish signals from the RSI and moving averages, despite some mild bullishness in the MACD and OBV on a weekly basis.

Who are the peers of the SP Refractories?

Peers of SP Refractories include RHI Magnesita, Raghav Products, IFGL Refractories, DE Nora India, and others. SP Refractories has average management risk and growth, with a 1-year return of -42.69%, better than DE Nora India but worse than IFGL Refractories.

Peers: The peers of SP Refractories are RHI Magnesita, Raghav Product., IFGL Refractori., DE Nora India, Orient Ceratech, Royal Arc Ele., Refractory Shap., Nilachal Refract, Panasonic Carbon.<BR><BR>Quality Snapshot: Excellent management risk is observed at RHI Magnesita, Raghav Product., IFGL Refractori., DE Nora India, and Panasonic Carbon, while Average management risk is found at SP Refractories, Refractory Shap., and the rest. Below Average management risk is noted for Orient Ceratech and Royal Arc Ele. In terms of Growth, Good growth is seen at Orient Ceratech and Refractory Shap., Average growth is found at RHI Magnesita, Raghav Product., and SP Refractories, while Below Average growth is noted for IFGL Refractori., DE Nora India, and Royal Arc Ele. Lastly, Excellent capital structure is present at RHI Magnesita, Raghav Product., IFGL Refractori., DE Nora India, Royal Arc Ele., and Panasonic Carbon, while SP Refractories and Refractory Shap. have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IFGL Refractori. at -12.06%, while the lowest is DE Nora India at -49.60%. SP Refractories has a 1-year return of -42.69%, which is better than DE Nora India but worse than IFGL Refractori. Additionally, the six-month return is negative for DE Nora India, Refractory Shap., and SP Refractories.

Who are in the management team of SP Refractories?

As of March 2023, the management team of SP Refractories includes Namita Prabodh Kale (Whole-time Director), Shweta Prabodh Kale (Executive Director & CFO), Prajakta Prabodh Kale (Non-Executive Director), and independent directors Manish Tarachand Pande and Kushal Sanjay Sabadra.

As of March 2023, the management team of SP Refractories includes the following individuals:<BR><BR>1. Namita Prabodh Kale - Whole-time Director<BR>2. Shweta Prabodh Kale - Executive Director & CFO<BR>3. Prajakta Prabodh Kale - Non Executive Director<BR>4. Manish Tarachand Pande - Independent Non Executive Director<BR>5. Kushal Sanjay Sabadra - Independent Non Executive Director<BR><BR>These members play various roles within the company's governance and management structure.

What does SP Refractories do?

SP Refractories Ltd is a Micro Cap company in the Electrodes & Refractories industry, incorporated in 2007 and publicly listed since 2021. It has a market cap of INR 26 Cr, with a P/E ratio of 12.00 and a return on equity of 19.91%.

Overview:<BR>SP Refractories Ltd operates in the Electrodes & Refractories industry and is classified as a Micro Cap company.<BR><BR>History:<BR>SP Refractories Limited was incorporated as 'SP Refractories Private Limited' in 2007. The company changed its status to Public Limited and its name to SP Refractories Limited on October 11, 2021. The latest quarter for which sales and profit data are reported is not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 26 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 12.00<BR>Industry P/E: 44<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.44<BR>Return on Equity: 19.91%<BR>Price-to-Book: 2.51<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: Not available<BR>Email: Not available<BR>Website: Not available

Who are the top shareholders of the SP Refractories?

The top shareholder of SP Refractories is Shweta Prabodh Kale, holding 33.32%, with Amnesti Multiservices Private Limited as the largest public shareholder at 6.71%. There are no pledged promoter holdings, mutual funds, or foreign institutional investors involved.

The top shareholders of SP Refractories include the promoters, with Shweta Prabodh Kale holding the largest share at 33.32%. There are no pledged promoter holdings. In terms of public shareholders, Amnesti Multiservices Private Limited is the highest with a stake of 6.71%. Additionally, individual investors collectively hold 16.36% of the shares. Notably, there are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

How big is SP Refractories?

As of 23rd July, SP Refractories Ltd has a market capitalization of 27.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 10.50 Cr and Total Assets of 17.14 Cr; however, there is no valid financial data available for Net Sales or Net Profit for the latest four quarters.

As of 23rd July, <BR><BR>Market Cap: SP Refractories Ltd has a market capitalization of 27.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 10.50 Cr and Total Assets valued at 17.14 Cr.

How has been the historical performance of SP Refractories?

SP Refractories has shown consistent growth in net sales and profitability, with net sales increasing to 30.25 Cr in March 2025 from 28.81 Cr in March 2024. Key financial metrics, including operating profit and earnings per share, have also improved, reflecting strong operational efficiency and enhanced shareholder value.

Answer:<BR>The historical performance of SP Refractories shows a trend of increasing net sales and profitability over the years, with notable growth in recent periods.<BR><BR>Breakdown:<BR>SP Refractories reported net sales of 30.25 Cr in March 2025, up from 28.81 Cr in March 2024 and 27.24 Cr in March 2023, indicating a positive growth trajectory. The total operating income followed a similar pattern, reaching 30.25 Cr in March 2025. The raw material costs have remained relatively stable, with a slight increase to 18.56 Cr in March 2025 from 18.42 Cr in March 2024. Employee costs have also risen to 3.36 Cr in March 2025, reflecting the company's investment in human resources. Operating profit, excluding other income, increased to 3.53 Cr in March 2025 from 2.90 Cr in March 2024, showcasing improved operational efficiency. Profit before tax reached 2.79 Cr in March 2025, up from 2.17 Cr in March 2024, while profit after tax rose to 2.09 Cr from 1.56 Cr in the same period. The earnings per share (EPS) significantly increased to 11.68 in March 2025 from 8.72 in March 2024, reflecting enhanced shareholder value. On the balance sheet, total assets grew to 18.88 Cr in March 2025, up from 17.14 Cr in March 2024, with total liabilities also increasing to 18.88 Cr. The company maintained a stable book value per share of 70.35 in March 2025, indicating solid financial health. Overall, SP Refractories has demonstrated a consistent upward trend in sales and profitability, positioning itself favorably in the market.

Why is SP Refractories Ltd falling/rising?

As of 04-Mar, SP Refractories Ltd's stock price has risen to 117.05, reflecting a 4.98% increase. This rise is driven by strong sector performance, increased investor participation, and a favorable short-term trend, despite being lower than longer-term moving averages.

As of 04-Mar, SP Refractories Ltd is experiencing a rise in its stock price, currently at 117.05, which reflects an increase of 5.55 or 4.98%. This upward movement can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has outperformed its sector by 7.62% today, indicating strong relative performance compared to its peers. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 8.7% against the 5-day average, suggesting growing interest among investors. <BR><BR>Moreover, the stock's performance over the past week shows a significant increase of 9.96%, while the benchmark Sensex has declined by 3.93% during the same period. This contrast further emphasizes the stock's positive momentum. Although the stock is currently lower than its longer-term moving averages (50-day, 100-day, and 200-day), it remains higher than the 5-day and 20-day moving averages, indicating a short-term bullish trend.<BR><BR>Overall, the combination of strong sector performance, increased investor engagement, and a favorable short-term trend contributes to the rising price of SP Refractories Ltd.

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