Date: 29 Apr 2024

Refractories

Sector	Market Cap	No of Companies
Refractories	26702.06	9

 

NetWorth	5255.92	TTM Sales	5454.87	TTM Sales Var (%)	37.99
Debt	713.08	TTM OP	-9.95	TTM NP Var (%)	-101.60
Capital Employed	6040.11	TTM OPM (%)	0.42	EV/TM Sales	4.90
Net Block	2415.23	TTM PATM (%)	-7.29	EV/TTM EBITDA	-2734.50
Current Assets	3570.39	Debt / Equity	0.14	P/E	-67.14
ROCE (%)	-9.29	RONW (%)	-7.57	P/B	5.08

The above figures are in Rs. Crores as of 29 Apr 2024

TTM ended December 2023

	29 Apr 2024	31 Mar 2023	31 Mar 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	26702.06	17450.79	14120.64	53.01	89.1
Total Marketcap	40881718.68	25956454.87	26857769.69	57.5	52.22
Sector's share	0.07	0.07	0.05	0	0.02
Sector No of companies	9	9	8	0	1
Total Listed companies	4588	4285	4116	303	472
Sector's share	0.2	0.21	0.19	-0.01	0.01
Nifty 50	22643.4	22326.9	18065	1.42	25.34

 

Gainers
Company Name	29/04/2024	28/03/2024	Var%
Vesuvius India	4356.75	3322.25	31.14
IFGL Refractori.	638.30	540.65	18.06
RHI Magnesita	633.10	550.80	14.94
Raghav Product.	622.65	588.80	5.75
Morganite Crucib	1393.25	1339.00	4.05
Losers
Company Name	29/04/2024	28/03/2024	Var%
Associated Cera.	325.25	704.30	-53.82
Nilachal Refract	58.10	62.05	-6.37

 

During the month of April 2024, Refractories sector’s Marketcap increased 53.01% to Rs 26702.06 crore, compared to 57.5% rise in total listed marketcap to Rs 40881718.68 crore.

Sector’s share of total listed marketcap moved to 0.07% in April 2024 from 0.07% in March 2023 and 0.05% in March 2022.

In terms of price appreciation in the sector, there were 5 gainers and 2 losers in the month of Apr 2024. The gainers accounted for 55.56% of sector companies, losers accounted for 22.22% of sector companies, while 2% remained unchanged.

The top 3 gainers were Vesuvius India (31.14% gain), IFGL Refractori. (18.06% gain) and RHI Magnesita (14.94% gain).

The 2 losers at the bottom were Associated Cera. (-53.82% fall) and Nilachal Refract (-6.37% fall).

During the month Vesuvius India Ltd announced their results. Of these Vesuvius India Ltd reported rise in net profit attributable to shareholders.

Vesuvius India Ltd became ex-dividend.

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

FIIs increased their shareholding in RHI Magnesita India Ltd from 3.67% to 3.77%. FIIs reduced their shareholding in IFGL Refractories Ltd from 0.37% to 0.28% and Vesuvius India Ltd from 1.73% to 1.57%.

DIIs increased their shareholding in IFGL Refractories Ltd from 11.11% to 13.04%. DIIs reduced their shareholding in Vesuvius India Ltd from 22.54% to 22.20% and RHI Magnesita India Ltd from 13.46% to 13.05%.

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, Raghav Productivity Enhancers 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.