Sector Trends     29-Feb-24
Sector
Refractories

Date: 28 Feb 2024

Refractories

Sector

Market Cap

No of Companies

Refractories

21941.22

8

 

NetWorth

5111.77

TTM Sales

5326.27

TTM Sales Var (%)

39.49

Debt

703.51

TTM OP

-48.10

TTM NP Var (%)

-108.16

Capital Employed

5883.58

TTM OPM (%)

-0.29

EV/TM Sales

4.12

Net Block

2324.96

TTM PATM (%)

-7.94

EV/TTM EBITDA

-466.53

Current Assets

3492.03

Debt / Equity

0.14

P/E

-51.88

ROCE (%)

-11.13

RONW (%)

-8.27

P/B

4.29

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

28 Feb 2024

31 Jan 2023

31 Jan 2022

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

21941.22 19513.63 10939.09 12.44 100.58

Total Marketcap

38849922.4 27157567.18 25408087.59 43.05 52.9

Sector's share

0.06 0.07 0.04 -0.01 0.02

Sector No of companies

8 7 6 1 2

Total Listed companies

4541 4248 4096 293 445

Sector's share

0.18 0.16 0.15 0.02 0.03

Nifty 50

21951.15 21725.7 17303.95 1.04 26.86

 

Gainers

Company Name
28/02/2024
25/01/2024
Var%
Associated Cera. 1352.40 935.00 44.64
Nilachal Refract 57.62 45.95 25.40

Losers

Company Name
28/02/2024
25/01/2024
Var%
IFGL Refractori. 560.95 761.05 -26.29
RHI Magnesita 574.60 721.40 -20.35
Morganite Crucib 1486.50 1691.15 -12.10
Vesuvius India 3281.05 3496.65 -6.17

 

During the month of February 2024, Refractories sector’s Marketcap increased 12.44% to Rs 21941.22 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 0.06% in February 2024 from 0.07% in January 2023 and 0.04% in January 2022.


In terms of price appreciation in the sector, there were 2 gainers and 4 losers in the month of Feb 2024. The gainers accounted for 25.00% of sector companies, losers accounted for 50.00% of sector companies, while 2% remained unchanged.

The top 2 gainers were Associated Cera. (44.64% gain) and Nilachal Refract (25.40% gain).

The 3 losers at the bottom were IFGL Refractori. (-26.29% fall), RHI Magnesita (-20.35% fall) and Morganite Crucib (-12.10% fall).

During the month Raasi Refractories Ltd, Morganite Crucible (India) Ltd, Vesuvius India Ltd, Nilachal Refractories Ltd, Associated Ceramics Ltd, RHI Magnesita India Ltd and IFGL Refractories Ltd announced their results. Of these Morganite Crucible (India) Ltd and Vesuvius India Ltd reported rise in net profit attributable to shareholders. Companies like RHI Magnesita India Ltd and Associated Ceramics Ltd reported fall in net profit attributable to shareholders.

Raasi Refractories Ltd reported profit to loss.

During the month Raasi Refractories Ltd, Morganite Crucible (India) Ltd, Vesuvius India Ltd, Nilachal Refractories Ltd, Associated Ceramics Ltd, RHI Magnesita India Ltd, IFGL Refractories Ltd and SP Refractories Ltd filed their shareholding patterns.

FIIs increased their shareholding in Vesuvius India Ltd from 1.26% to 1.73% and IFGL Refractories Ltd from 0.03% to 0.37%. FIIs reduced their shareholding in RHI Magnesita India Ltd from 3.69% to 3.67% and Morganite Crucible (India) Ltd from 0.06% to 0.00%.

DIIs increased their shareholding in RHI Magnesita India Ltd from 13.28% to 13.46%. DIIs reduced their shareholding in IFGL Refractories Ltd from 11.25% to 11.11% and Vesuvius India Ltd from 22.74% to 22.54%.

During the month Annual reports of Raasi Refractories Ltd, Morganite Crucible (India) Ltd, Vesuvius India Ltd, Nilachal Refractories Ltd, Associated Ceramics Ltd, TRL Krosaki Refractories Ltd, S R Continental Ltd, Interklin Industries Ltd, Snowtex Udyog Ltd, Maithan Ceramic Ltd, S K G Refractories Ltd, Dalmia Bharat Refractories Ltd, Mahakoshal Refractories Pvt Ltd, Vishwakarma Refractories Pvt Ltd, Calderys India Refrectories Ltd, RHI Magnesita India Ltd, IFGL Refractories Ltd, Gold Star Powders Pvt Ltd, Zircar Refractories Ltd, SP Refractories Ltd, Classic Marble Company Pvt Ltd, Dalmia Seven Refractories Ltd, Allied Refractory Products India Pvt Ltd, Tapasya Calcination & Ceramics Pvt Ltd, Shri Valley Refractories Ltd, Perfect Concrete Products Pvt Ltd, Tatanagar Refractories & Minerals Co. Ltd, Passary Minerals Pvt Ltd, Vishva Vishal Refractory Ltd, Cubitic Construction Solutions Pvt Ltd, M C T Brattberg India Pvt Ltd, M P R Refractories Ltd, Orane Refractories Pvt Ltd, GSB Refractories India Pvt Ltd, Anant Refractory Products Pvt Ltd and Omkar Infracon Pvt Ltd were updated in Capitaline.

 

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