SPRL

The stock has been placed in Additional Surveillance Measure (ASM) list STASM - I (11).

SP Refractories Ltd.

NSE: SPRL

SME

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Electrodes & Refractories

111.00-4.7 (-4.06%)

3 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

Score not available

Value Score

Score not available

Price Momentum Score

Score not available

QVM Score

Score not available

Key Metrics

Market Cap

19.87

P/E (TTM)

5.63

P/B

1.23

P/S (TTM)

0.71

EV/EBITDA

3.96

CAPE (5Y)

11.31

ROE (TTM)

24.59

ROCE (TTM)

28.44

ROA (TTM)

18.74

Avg 3Y ROE

19.58

Earnings 3Y CAGR

78.96

Sales 3Y CAGR

1.11

Sales 5Y CAGR

1.84

Debt/Equity

0.07

Consensus TP

Strong Buy %

Promoter Holding

69.42

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of SP Refractories Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 5.63 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -83.19%

What is P/E Ratio?

Median: 33.49

Value 5.63

5.63108.43

High and improving ROE

The company reported strong ROE of 24.59% for 12-month ended 31 Mar 2026 and ROE improved by 648 bps from 1 year ago

What is ROE (FY)?

High and improving operating margin

The company reported strong operating margin of 17.29% for 12-month ended 31 Mar 2026 and operating margin improved by 694 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 68.8% for 12-month ended 31 Mar 2026 and the growth was 66.71 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low and declining Debt to Equity

The company has low Debt to Equity of 0.07 as on 31 Mar 2026 and Debt to Equity decreased by 0.28 in the last 1 year

What is Debt to Equity?

Negative

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -6.95% for 12-month ended 31 Mar 2026 and the growth was 19.88 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 12.93

Value -6.95

-6.9577.34

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for SP Refractories Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

SP Refractories Ltd. Shareholding Pattern

Quarterly breakdown of SP Refractories Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
Total Promoter	69.42	69.42	69.42	69.42	69.42	69.42	69.42	69.42	69.42
Indian Promoter	69.42	69.42	69.42	69.42	69.42	69.42	69.42	69.42	69.42
Foreign Promoter	0.00	0.00	-	-	-	-	-	-	-
Institutions	0.00	0.00	-	-	0.00	0.00	0.00	0.00	0.00
Mutual Funds / UTI	0.00	0.00	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	0.00	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	30.58	30.58	30.58	30.58	30.58	30.58	30.58	30.58	30.58
Bodies Corporate	7.51	9.03	12.96	13.14	13.14	10.77	11.71	10.64	5.50
Others (incl. Retail) No. of shareholders	23.07 140	21.55 83	17.62 70	17.44 68	17.44 70	19.81 205	18.87 165	19.94 153	25.08 150

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in SP Refractories Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
AMNESTI MULTISERVICES PRIVATE LIMITED	05 May 2026	sell	₹ 94.00	20.00 k	₹ 18.80 lac
SUKHMATA DHARAMPAL NISHAD	04 May 2026	buy	₹ 98.90	15.20 k	₹ 15.03 lac
AMNESTI MULTISERVICES PRIVATE LIMITED	04 May 2026	sell	₹ 98.90	27.20 k	₹ 26.90 lac
SHANTILAL NARSHI GADA	27 Apr 2026	sell	₹ 110.00	14.40 k	₹ 15.84 lac
KHETBAI NARSHI GADA	27 Apr 2026	buy	₹ 110.00	14.40 k	₹ 15.84 lac
SHANTILAL NARSHI GADA	08 Apr 2026	buy	₹ 110.15	12.00 k	₹ 13.22 lac
SHANTILAL NARSHI GADA	29 Jan 2026	buy	₹ 128.20	11.20 k	₹ 14.36 lac
MANGLA SHANTILAL GADA	29 Jan 2026	sell	₹ 128.20	17.60 k	₹ 22.56 lac
SPEXTRA MULTIBIZ PRIVATE LIMITED	27 Jan 2026	sell	₹ 141.95	14.40 k	₹ 20.44 lac
SHANTILAL NARSHI GADA	27 Jan 2026	buy	₹ 141.95	40.00 k	₹ 56.78 lac

…

No corporate action data available.

Company Profile

Overview of SP Refractories Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

SP Refractories Limited is an India-based company engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina and other raw materials. The Company’s core focus is on refractory cement, which is a niche and high margin cement widely used in iron and steel and...

Key personnel

Mr. Nikesh Subhash Zade

Chief Compliance Officer, Company Secretary

Ms. Shweta Prabodh KaleD

Chief Financial Officer, Executive Director

Mrs. Namita Prabodh KaleD

Whole Time Director

Ms. Prajakta Prabodh KaleD

Non-Executive Director

Mr. Manish Tarachand PandeD

Non-Executive Independent Director

Mr. Kushal Sanjay SabadraD

Non-Executive Independent Director

Incorporated on

18 Jan 2007

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

22 Mar 2022

Free Float

Website

https://www.sprefractories.com/

Phone no.

+9107104235388

Address

M-10, M-11/1 & M-11/2, MIDC INDUSTRIAL AREA Hingna Road, , 440016, India

Frequently Asked Questions

What is the current share price of SP Refractories Ltd.?

The current share price of SP Refractories Ltd. is ₹ 111.00 as of 3 Jul 2026.

What is the market capitalisation of SP Refractories Ltd.?

The market capitalisation of SP Refractories Ltd. stands at ₹ 19.87 Cr.

What is the PE ratio of SP Refractories Ltd.?

The Price-to-Earnings (PE) ratio of SP Refractories Ltd. is 5.63 as of the latest trailing twelve months data.

What is the ROE and ROCE of SP Refractories Ltd.?

SP Refractories Ltd. has a Return on Equity (ROE) of 24.59% and a Return on Capital Employed (ROCE) of 28.44% as per the latest financial reports.

What is the 52-week high and low of SP Refractories Ltd.?

The 52-week high of SP Refractories Ltd. is - and the 52-week low is -.

What is the dividend yield of SP Refractories Ltd.?

The dividend yield of SP Refractories Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in SP Refractories Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 25.08% of SP Refractories Ltd. shares.

What sector does SP Refractories Ltd. belong to?

SP Refractories Ltd. operates in the Capital Goods sector.

What is the beta of SP Refractories Ltd.?

The beta of SP Refractories Ltd. is -0.31, indicating its price volatility relative to the broader market.

What is the RSI of SP Refractories Ltd.?

The 14-day Relative Strength Index (RSI) of SP Refractories Ltd. is 61.31, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

SP Refractories Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

SP Refractories Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Company Profile

Frequently Asked Questions

Company Profile

Stock Analysis