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Refractory Shapes Limited

26.5
₹443 Cr market cap
P/E
44.17
EPS
₹0.6
Book value
₹12.85
ROE
ROCE
16.82%
Debt / equity

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

014.9629.9144.8759.82Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹60 Cr with net profit ₹6 Cr — a 10.11% net margin, versus 9.64% the period before.

Shareholding

As of 2026-03-31

72.48%
promoter holding
  • Promoter72.48%
  • Public25.73%
  • FII0.42%
  • DII1.37%

776 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

100%72.48%Feb 24Mar 26

52-week position

Where the current price sits in its yearly band

24.8526.566

The band spans 2.66× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Refractories / Intermediates · ranked #1 of 12 by market cap · medians across 10 industry peers

P/E
44.17vs 85.64 peer med
P/B
2.06vs 1.94 peer med
ROE %
vs 11.44 peer med
Margin %
vs 8.15 peer med
CompanyMkt capP/EP/BROEMargin
Vesuvius India Ltd.₹9,125 Cr163.495.4815.87%12.31%
RHI Magnesita India Ltd.₹8,092 Cr51.482.273.09%-9.53%
Raghav Productivity Enhancers Ltd.₹5,806 Cr383.1523.7422.41%21.32%
Monolithisch India Ltd.₹1,791 Cr208.5913.717.62%17.03%
IFGL Refractories Limited₹1,409 Cr98.711.23.15%1.83%
Foseco Crucible India Limited₹733 Cr24.95.2321.01%10.89%
Orient Ceratech Limited₹482 Cr85.641.67.24%5.42%
Nilachal Refractories Ltd.₹80 Cr014.8%-305.03%
Associated Ceramics Ltd.₹34 Cr16.441.348.07%4.68%
Raasi Refractories Ltd.₹8 Cr65.420-91.8%32.6%
Refractory Shapes Limited(this company)44.172.06

AI analysis

AI-generated · google/gemini-2.5-flash

Refractory Shapes Limited is listed with a market capitalization of Rs 59 Cr. The company reported revenue of Rs 59.82 Cr and a 44.9% revenue growth. Earnings per share (EPS) stood at Rs 2.08, with a price-to-earnings (PE) ratio of 44.75. The book value per share is Rs 22.69. Return on equity (ROE) was 9.15% and return on capital employed (ROCE) was 10.2673%.

Positives

  • +Revenue grew 44.9% in the latest reported period to Rs 59.82 Cr.
  • +Promoter holding is high at 72.4771% as of March 31, 2026.
  • +Debt-to-equity ratio is 0.61.
  • +Net profit has increased from Rs 1.5639 Cr in Mar 2021 to Rs 6.0494 Cr in Mar 2025.

Negatives

  • The company's profit margin is 0%, indicating no reported profit margin.
  • No quarterly results have been disclosed in the provided data.
  • The dividend yield is 0%, indicating no dividends were paid.

Financial performance

Refractory Shapes Limited's revenue increased by 44.9% to Rs 59.82 Cr. Over the past five years, revenue has grown from Rs 21.7967 Cr in Mar 2021 to Rs 59.8212 Cr in Mar 2025. Net profit also showed an upward trend, growing from Rs 1.5639 Cr in Mar 2021 to Rs 6.0494 Cr in Mar 2025. The company's EPS was Rs 2.87 in Mar 2025.

Profitability & returns

The company's return on equity (ROE) was 9.15%, while its return on capital employed (ROCE) was 10.2673%. Net profit has seen significant growth in recent years, reaching Rs 6.0494 Cr in Mar 2025 from Rs 1.5639 Cr in Mar 2021. The EPS for the latest period is Rs 2.08, with a PE ratio of 44.75.

Balance sheet

Refractory Shapes Limited has a debt-to-equity ratio of 0.61. The book value per share is Rs 22.69. No information on current assets or liabilities is available in the provided data.

Ownership & pledges

As of March 31, 2026, promoters held 72.4771% of the shares. Public shareholding was 25.7339%, while DIIs held 1.367% and FIIs held 0.422%. Institutional holdings totaled 1.789%. There were no promoter pledges reported for the period ending March 31, 2026.

Regulatory & surveillance

There is no information available regarding any regulatory actions or surveillance measures against Refractory Shapes Limited in the provided data.

Data as of — price: 2026-07-29 · financials: Mar 25 · shareholding: Mar 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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