IFGL Refractories Limited (IFGLEXPOR) - Net Assets

Latest as of September 2025: Rs11.38 Billion INR ≈ $123.05 Million USD

Based on the latest financial reports, IFGL Refractories Limited (IFGLEXPOR) has net assets worth Rs11.38 Billion INR (≈ $123.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs17.37 Billion ≈ $187.83 Million USD) and total liabilities (Rs5.99 Billion ≈ $64.78 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IFGL Refractories Limited (IFGLEXPOR) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs11.38 Billion
% of Total Assets 65.51%
Annual Growth Rate 16.67%
5-Year Change 24.31%
10-Year Change 177.07%
Growth Volatility 16.06

IFGL Refractories Limited - Net Assets Trend (2006–2025)

This chart illustrates how IFGL Refractories Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of IFGL Refractories Limited for the complete picture of this company's asset base.

Annual Net Assets for IFGL Refractories Limited (2006–2025)

The table below shows the annual net assets of IFGL Refractories Limited from 2006 to 2025. For live valuation and market cap data, see market cap of IFGL Refractories Limited.

Year Net Assets Change
2025-03-31 Rs11.07 Billion
≈ $119.72 Million		 +3.26%
2024-03-31 Rs10.72 Billion
≈ $115.94 Million		 +6.67%
2023-03-31 Rs10.05 Billion
≈ $108.69 Million		 +7.60%
2022-03-31 Rs9.34 Billion
≈ $101.01 Million		 +4.89%
2021-03-31 Rs8.90 Billion
≈ $96.30 Million		 +10.08%
2020-03-31 Rs8.09 Billion
≈ $87.48 Million		 +1.80%
2019-03-31 Rs7.95 Billion
≈ $85.94 Million		 +5.67%
2018-03-31 Rs7.52 Billion
≈ $81.33 Million		 +9.86%
2017-03-31 Rs6.84 Billion
≈ $74.02 Million		 +71.32%
2016-03-31 Rs4.00 Billion
≈ $43.21 Million		 +12.72%
2015-03-31 Rs3.54 Billion
≈ $38.33 Million		 +4.72%
2014-03-31 Rs3.38 Billion
≈ $36.61 Million		 +33.60%
2013-03-31 Rs2.53 Billion
≈ $27.40 Million		 +14.18%
2012-03-31 Rs2.22 Billion
≈ $24.00 Million		 +26.29%
2011-03-31 Rs1.76 Billion
≈ $19.00 Million		 +28.09%
2010-03-31 Rs1.37 Billion
≈ $14.84 Million		 +20.81%
2009-03-31 Rs1.14 Billion
≈ $12.28 Million		 +17.22%
2008-03-31 Rs968.69 Million
≈ $10.48 Million		 +23.49%
2007-03-31 Rs784.40 Million
≈ $8.48 Million		 +32.73%
2006-03-31 Rs590.99 Million
≈ $6.39 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to IFGL Refractories Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 552831600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs5.53 Billion 49.94%
Common Stock Rs360.40 Million 3.26%
Other Comprehensive Income Rs1.21 Billion 10.90%
Other Components Rs3.97 Billion 35.90%
Total Equity Rs11.07 Billion 100.00%

IFGL Refractories Limited Competitors by Market Cap

The table below lists competitors of IFGL Refractories Limited ranked by their market capitalization.

Company Market Cap
Igis Value Plus Reit Co Ltd
KO:334890
 $147.99 Million
Indigo Acquisition Corp. Ordinary Shares
NASDAQ:INAC
 $147.99 Million
American Rare EARTHS Ltd
AU:ARR
 $148.01 Million
Lollands Bank
CO:LOLB
 $148.02 Million
NGL Fine-Chem Limited
NSE:NGLFINE
 $147.96 Million
LONCOR GOLD INC.
F:LO5
 $147.91 Million
Centrum Medyczne ENEL-MED SA
WAR:ENE
 $147.88 Million
Areeya Property Public Company Limited
BK:A
 $147.84 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in IFGL Refractories Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 10,720,533,000 to 11,070,000,000, a change of 349,467,000 (3.3%).
  • Net income of 429,800,000 contributed positively to equity growth.
  • Dividend payments of 252,300,000 reduced retained earnings.
  • Other comprehensive income increased equity by 176,285,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs429.80 Million +3.88%
Dividends Paid Rs252.30 Million -2.28%
Other Comprehensive Income Rs176.28 Million +1.59%
Other Changes Rs-4.32 Million -0.04%
Total Change Rs- 3.26%

Book Value vs Market Value Analysis

This analysis compares IFGL Refractories Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.24x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 11.13x to 1.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-03-31 Rs17.05 Rs189.83 x
2007-03-31 Rs22.64 Rs189.83 x
2008-03-31 Rs27.96 Rs189.83 x
2009-03-31 Rs32.57 Rs189.83 x
2010-03-31 Rs39.53 Rs189.83 x
2011-03-31 Rs50.66 Rs189.83 x
2012-03-31 Rs62.09 Rs189.83 x
2013-03-31 Rs70.94 Rs189.83 x
2014-03-31 Rs95.06 Rs189.83 x
2015-03-31 Rs99.63 Rs189.83 x
2016-03-31 Rs111.72 Rs189.83 x
2017-03-31 Rs189.92 Rs189.83 x
2018-03-31 Rs208.66 Rs189.83 x
2019-03-31 Rs110.25 Rs189.83 x
2020-03-31 Rs112.23 Rs189.83 x
2021-03-31 Rs247.09 Rs189.83 x
2022-03-31 Rs259.17 Rs189.83 x
2023-03-31 Rs278.87 Rs189.83 x
2024-03-31 Rs297.47 Rs189.83 x
2025-03-31 Rs153.58 Rs189.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently IFGL Refractories Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 3.88%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.57%
  • • Asset Turnover: 1.03x
  • • Equity Multiplier: 1.46x
  • Recent ROE (3.88%) is below the historical average (13.55%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 31.47% 8.05% 1.16x 3.37x Rs126.71 Million
2007 33.49% 8.13% 1.40x 2.95x Rs184.03 Million
2008 29.44% 7.54% 1.50x 2.60x Rs188.10 Million
2009 5.42% 1.53% 1.57x 2.25x Rs-51.62 Million
2010 25.08% 8.26% 1.45x 2.10x Rs206.24 Million
2011 13.81% 5.16% 1.21x 2.20x Rs66.76 Million
2012 18.50% 6.58% 1.33x 2.11x Rs182.59 Million
2013 11.49% 4.20% 1.40x 1.95x Rs36.58 Million
2014 19.46% 8.23% 1.36x 1.74x Rs311.11 Million
2015 15.40% 6.75% 1.32x 1.73x Rs186.18 Million
2016 10.85% 5.85% 1.20x 1.55x Rs32.95 Million
2017 6.46% 5.77% 0.85x 1.31x Rs-242.53 Million
2018 6.27% 5.64% 0.84x 1.33x Rs-280.78 Million
2019 6.35% 5.37% 0.92x 1.28x Rs-290.04 Million
2020 2.41% 2.16% 0.87x 1.27x Rs-614.38 Million
2021 7.37% 6.51% 0.85x 1.33x Rs-234.58 Million
2022 8.30% 6.25% 0.96x 1.38x Rs-159.22 Million
2023 7.88% 5.77% 0.96x 1.42x Rs-212.98 Million
2024 7.62% 5.01% 1.09x 1.39x Rs-255.31 Million
2025 3.88% 2.57% 1.03x 1.46x Rs-677.20 Million

Industry Comparison

This section compares IFGL Refractories Limited's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $91,982,037,778
  • Average return on equity (ROE) among peers: 19.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
IFGL Refractories Limited (IFGLEXPOR) Rs11.38 Billion 31.47% 0.53x $147.97 Million
ACC Limited (ACC) $163.32 Billion 14.30% 0.43x $2.89 Billion
Ambuja Cements Limited (AMBUJACEM) $39.02 Billion 43.30% 0.50x $11.87 Billion
Birla Corporation Limited (BIRLACORPN) $6.68 Billion 48.76% 1.20x $757.42 Million
Dalmia Bharat Limited (DALBHARAT) $157.59 Billion 5.18% 0.58x $3.87 Billion
Grasim Industries Limited (GRASIM) $361.58 Billion 6.83% 0.65x $20.50 Billion
Global Surfaces Limited (GSLSU) $984.34 Million 34.47% 0.62x $26.18 Million
HeidelbergCement India Limited (HEIDELBERG) $8.47 Billion 3.64% 1.90x $389.25 Million
The India Cements Limited (INDIACEM) $53.09 Billion 1.23% 1.07x $1.33 Billion
JK Cement Limited (JKCEMENT) $37.11 Billion 19.12% 1.66x $4.42 Billion

About IFGL Refractories Limited

NSE:IFGLEXPOR India Building Materials
Market Cap
$147.97 Million
Rs13.68 Billion INR
Market Cap Rank
#17698 Global
#918 in India
Share Price
Rs189.83
Change (1 day)
+1.23%
52-Week Range
Rs123.00 - Rs568.80
All Time High
Rs898.83
Categories
Companies in India Building Materials
About

IFGL Refractories Limited manufactures, trades in, and sells refractory items and related equipment and accessories used in steel plants in India and internationally. The company provides specialized refractories and total refractory solutions primarily for iron and steel. It offers iron and steel solutions, such as raker plate, granshot tundish, desulphurisation lances, torpedo, basic oxygen fur… Read more