Date: 28 Mar 2024

Refractories

Sector	Market Cap	No of Companies
Refractories	21199.83	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	3.98
Net Block	2324.96	TTM PATM (%)	-7.94	EV/TTM EBITDA	-451.12
Current Assets	3492.03	Debt / Equity	0.14	P/E	-50.13
ROCE (%)	-11.13	RONW (%)	-8.27	P/B	4.15

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

TTM ended December 2023

	28 Mar 2024	28 Feb 2023	28 Feb 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	21199.83	16731.83	11865.05	26.7	78.67
Total Marketcap	38945362.38	25907447.46	26551333.43	50.32	46.68
Sector's share	0.05	0.06	0.04	-0.01	0.01
Sector No of companies	8	8	6	0	2
Total Listed companies	4583	4247	4124	336	459
Sector's share	0.17	0.19	0.15	-0.02	0.02
Nifty 50	22123.65	21982.8	17359.75	0.64	27.44

 

Gainers
Company Name	28/03/2024	28/02/2024	Var%
Nilachal Refract	62.05	57.62	7.69
Vesuvius India	3322.25	3281.05	1.26
Losers
Company Name	28/03/2024	28/02/2024	Var%
Associated Cera.	704.30	1352.40	-47.92
Morganite Crucib	1339.00	1486.50	-9.92
RHI Magnesita	550.80	574.60	-4.14
IFGL Refractori.	540.65	560.95	-3.62

 

During the month of March 2024, Refractories sector’s Marketcap increased 26.7% to Rs 21199.83 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.

Sector’s share of total listed marketcap moved to 0.05% in March 2024 from 0.06% in February 2023 and 0.04% in February 2022.

In terms of price appreciation in the sector, there were 2 gainers and 4 losers in the month of Mar 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 Nilachal Refract (7.69% gain) and Vesuvius India (1.26% gain).

The 3 losers at the bottom were Associated Cera. (-47.92% fall), Morganite Crucib (-9.92% fall) and RHI Magnesita (-4.14% fall).

Morganite Crucible (India) Ltd announced dividend of 28.

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, SP Refractories Ltd and Refractory Shapes 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, Omkar Infracon Pvt Ltd and Refractory Shapes Ltd were updated in Capitaline.