Tag
Refractories
7 articles
Refractory materials companies are navigating a mixed landscape of growth and challenges. RHI Magnesita India achieved record annual revenue of INR 4,000 crores, demonstrating resilience despite industry headwinds, and anticipates a 13% EBITDA margin in FY27. Meanwhile, IFGL Refractories reported a 10% revenue increase for the fiscal year, though Q4 margins were pressured by raw material costs and shifting product mixes. The leadership restructuring at IFGL, with Mihir Bajoria as MD, signals a strategic shift towards international operations and leveraging technology transfer from Sheffield, UK, while Raasi Refractories continues to face financial difficulties with a net loss and negative equity.
Raasi Refractories Reports Nil Physical Share Re-lodgement
Raasi Refractories files SEBI-mandated report confirming zero physical share transfer re-lodgement requests received or processed as of May 2026.
The disclosure follows SEBI Circular No. SEBI/HO/38/13
RHI Magnesita & Khemka Form Odisha Recycling JV
RHI Magnesita India forms 51:49 JV with Khemka Refractories to establish greenfield recycling facility in Odisha.
JV aims to recover and process spent refractory materials to advance circular economy
RHI Magnesita India Forms JV for Odisha Recycling Facility
RHI Magnesita India Board approved a JV with Khemka Refractories to establish a greenfield refractory recycling facility in Odisha.
RHIM will hold 51% and Khemka 49% in the JV, which will be initially
IFGL Refractories Q4 FY26 Earnings Call Transcript
IFGL Refractories held its Q4 FY26 earnings call, reporting consolidated revenue of ₹1,904 crore (14% YoY growth) and standalone revenue of ₹1,117 crore (10% YoY growth).
Management announced leadersh
RHI Magnesita India FY26 Revenue Hits Record INR 4,000 Crores
RHI Magnesita India reported record annual revenue of INR 4,000 crores, a 9% YoY growth, despite industry headwinds including pricing pressure and cost inflation.
The company recognized an impairment
IFGL Refractories Q4 FY26 Earnings Call
IFGL Refractories disclosed hosting its Q4 FY26 earnings conference call organized by Monarch Networth Capital.
The call was held on June 2, 2026, at 5:00 PM IST as per SEBI Listing Regulations disclo
IFGL Refractories Q4FY26 Revenue Up 2% YoY
IFGL Refractories reported Q4FY26 standalone revenue growth of 2% YoY to ₹277.5 crore and FY26 revenue growth of 10% YoY to ₹1,116.5 crore.
EBITDA margins declined to 11.8% in Q4FY26 due to elevated r