IFGL Refractories Share Price Target 2026, 2027, 2030, 2040, 2050
IFGL Refractories is a global company that makes heat-resistant products and systems mainly for the iron and steel industry. The company makes custom products that help steel plants control the flow of very hot molten metal, such as slide gate systems, ladle linings, tundish refractories, and purging systems. It has factories in Asia, Europe, and North America and sells its products in more than 50 countries. The company focuses on new ideas, research, and environmentally friendly work, and also provides technical help so steel companies can work safely and smoothly at very high temperatures.
What is IFGL Refractories Ltd NSE: IFGLEXPOR?
IFGL Refractories is an Indian company established in 1977 in Kolkata, West Bengal, and started by S. K. Agarwal. It makes heat-resistant materials mainly for the iron and steel industry. These materials are used in steel plants to protect machines and equipment that work under very high temperatures. The company makes products like casting parts, flow control systems, and special ceramic items used during steel making. It has factories in India and also in other countries, and it supplies its products to customers around the world. The company helps steel and heavy industries run safely by providing strong products that can handle very high temperatures.
It is a well-known company that works around the world and makes products that can handle very high heat. These products are mainly used in the iron and steel industry. It helps steel plants work safely when machines and metal become extremely hot. It mainly helps steel plants control the flow of melted metal during production. Over time, the company has earned a good name because its products are strong, reliable, and work well. In 2026, its share price target would be ₹412, as per stock market analysts.
According to stock market analysts, its share price would be between ₹133 to ₹412 in 2026.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 133 | 412 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 165 | 217 |
| फ़रवरी | 153 | 232 |
| मार्च | 139 | 265 |
| अप्रैल | 133 | 274 |
| मई | 168 | 290 |
| जून | 173 | 202 |
| जुलाई | 175 | 245 |
| अगस्त | 182 | 250 |
| सितंबर | 178 | 287 |
| अक्टूबर | 187 | 300 |
| नवंबर | 245 | 374 |
| दिसम्बर | 300 | 412 |
This company makes strong refractories that protect furnaces, ladles, and casting machines from extreme heat damage. Refractories are special materials that do not break or melt even in very high heat. These materials are very important for the steel, cement, and metal industries. Without these materials, steel plants cannot run properly or safely. It designs its products to last a long time and work well in difficult conditions. This helps steel companies reduce machine failures, improve worker safety, and keep product quality steady. In 2027, its share price target would be ₹602, as per stock market analysts.
According to stock market analysts, its share price would be between ₹368 to ₹602 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 368 | 602 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 368 | 455 |
| फ़रवरी | 379 | 481 |
| मार्च | 390 | 500 |
| अप्रैल | 402 | 511 |
| मई | 420 | 521 |
| जून | 437 | 532 |
| जुलाई | 451 | 545 |
| अगस्त | 467 | 564 |
| सितंबर | 485 | 572 |
| अक्टूबर | 491 | 582 |
| नवंबर | 497 | 588 |
| दिसम्बर | 511 | 602 |
It makes many types of products used in steelmaking. These include slide gate systems, purging systems, ladle refractories, tundish refractories, monolithic refractories, and other ceramic products. Each product has a clear purpose, such as controlling hot metal flow or protecting machines from heat. It also makes products based on customer needs. Because of this wide range of products, it can support steel plants from the first stage of making steel to the final casting stage. In 2028, its share price target would be ₹795, as per stock market analysts.
According to stock market analysts, its share price would be between ₹587 to ₹795 in 2028.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 587 | 795 |
It has manufacturing plants in Asia, Europe, and North America. These factories use modern machines and updated technology. Having factories in different countries helps the company deliver products quickly to customers. Each factory follows strict quality and safety rules so products remain strong and reliable. Local factories also help the company follow local laws and market needs. This strong factory network supports its business across the world. In 2029, its share price target would be ₹1001, as per stock market analysts.
According to stock market analysts, its share price would be between ₹745 to ₹1001 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 745 | 1001 |
It sells its products in more than 50 countries worldwide. Its strong global presence shows that many customers trust the company. It works with large steel companies, foundries, and metal plants in many regions. Working in different countries helps the company learn new methods and improve its products. This global reach helps the company to grow steadily and reduces risk by not depending on only one market. In 2030, its share price target would be ₹1207, as per stock market analysts.
According to stock market analysts, its share price would be between ₹975 to ₹1207 in 2030.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 975 | 1207 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 975 | 1060 |
| फ़रवरी | 990 | 1081 |
| मार्च | 998 | 1099 |
| अप्रैल | 1005 | 1114 |
| मई | 1010 | 1125 |
| जून | 1017 | 1139 |
| जुलाई | 1023 | 1145 |
| अगस्त | 1030 | 1162 |
| सितंबर | 1042 | 1170 |
| अक्टूबर | 1050 | 1179 |
| नवंबर | 1069 | 1190 |
| दिसम्बर | 1089 | 1207 |
Research and development are very important for its growth. The company invests in modern research centres to make better and stronger products. Its teams work to improve product life and performance in steel plants. Research also helps the company to support new and modern steelmaking methods. It keeps up with industry changes and customer needs and continues to improve product quality. In 2040, its share price target would be ₹2138, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1893 to ₹2138 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 1893 | 2138 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1893 | 2011 |
| फ़रवरी | 1900 | 2021 |
| मार्च | 1910 | 2030 |
| अप्रैल | 1917 | 2039 |
| मई | 1923 | 2047 |
| जून | 1930 | 2056 |
| जुलाई | 1942 | 2067 |
| अगस्त | 1950 | 2079 |
| सितंबर | 1957 | 2089 |
| अक्टूबर | 1968 | 2099 |
| नवंबर | 1990 | 2120 |
| दिसम्बर | 2010 | 2138 |
The company always tries to improve its products, materials, and manufacturing processes. It uses new technology to improve quality and performance. The company believes new ideas help customers save money, work faster, and get better results. This strong focus on innovation has helped it to stay a leading company in the refractory industry for many years. In 2050, its share price target would be ₹3039, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2828 to ₹3039 in 2050.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 2828 | 3039 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 2828 | 2917 |
| फ़रवरी | 2832 | 2931 |
| मार्च | 2837 | 2942 |
| अप्रैल | 2842 | 2950 |
| मई | 2850 | 2957 |
| जून | 2858 | 2969 |
| जुलाई | 2867 | 2981 |
| अगस्त | 2872 | 2997 |
| सितंबर | 2880 | 3010 |
| अक्टूबर | 2897 | 3024 |
| नवंबर | 2925 | 3037 |
| दिसम्बर | 2935 | 3050 |
Should I buy IFGL Refractories stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 133 | 412 |
| 2027 | 368 | 602 |
| 2028 | 587 | 795 |
| 2029 | 745 | 1001 |
| 2030 | 975 | 1207 |
| 2040 | 1893 | 2138 |
| 2050 | 2828 | 3039 |
The company is well-known and makes products used by steel plants all over the world. Recently, its profits have been uneven, and the stock price is sometimes high compared to its earnings. If you plan to invest for the long term and believe the steel and infrastructure industries will grow, and you can handle ups and downs in the stock price, it could be a good choice.
IFGL Refractories earnings results
| मार्च 2020 | मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | मार्च 2025 | टीटीएम | |
| बिक्री + | 917 | 1,022 | 1,260 | 1,386 | 1,639 | 1,653 | 1,770 |
| व्यय + | 825 | 865 | 1,117 | 1,233 | 1,485 | 1,524 | 1,646 |
| परिचालन लाभ | 92 | 157 | 143 | 153 | 155 | 129 | 124 |
| OPM % | 10% | 15% | 11% | 11% | 9% | 8% | 7% |
| अन्य आय + | -10 | 19 | 16 | 13 | 18 | 17 | 12 |
| ब्याज | 4 | 3 | 3 | 5 | 11 | 14 | 16 |
| व्याख्या | 48 | 49 | 51 | 56 | 64 | 73 | 77 |
| कर से पहले लाभ | 30 | 124 | 104 | 106 | 98 | 60 | 43 |
| कर | 35% | 47% | 25% | 25% | 17% | 28% | |
| नेट प्रॉफिट + | 19 | 66 | 77 | 79 | 82 | 43 | 30 |
| रुपये में ईपीएस | 2.70 | 9.10 | 10.75 | 10.99 | 11.33 | 5.96 | 4.13 |
| लाभांश भुगतान % | 46% | 55% | 33% | 32% | 31% | 59% |
कुंजी मीट्रिक
| TTM PE Ratio | PB अनुपात | लाभांश प्राप्ति | सेक्टर PE | सेक्टर PB | सेक्टर Div Yld |
| 51.76 | 1.39 | 1.64% | 42.32 | 6.29 | 0.62% |
Peers & तुलना
| स्टॉक | पीई अनुपात | PB अनुपात | लाभांश प्राप्ति |
| IFGL Refractories Ltd | 35.83 | 1.39 | 1.64% |
| कमिंस इंडिया लिमिटेड | 62.12 | 16.43 | 1.15% |
| एआईए इंजीनियरिंग लिमिटेड | 35.98 | 5.50 | 0.39% |
| Thermax Limited | 53.72 | 6.90 | 0.46% |
Is IFGL Refractories stock good to buy? (bull case & bear case)
बुल केस:
- The company’s revenue was about ₹1,653 crore in FY 2025.
- It made a net profit of ₹430 crore in FY 2025, indicating that the company is generating a profit.
- Revenue has grown from ₹1,042 crore in FY 2021 to ₹1,670 crore in FY 2025, showing the business is growing over the years.
- Revenue in FY 2025 was ₹1,014 crore, up 11 % from the previous year, showing good yearly growth.
- The company declared a dividend of ₹7 per share, providing returns to its shareholders.
- Long-term debt is low at about ₹469 million, showing the company is not heavily in debt.
- Domestic revenue grew strongly with 27 % growth in Q4FY25, showing strong performance in the Indian market.
भालू का मामला:
- Net profit fell sharply from ₹817 crore in FY 2024 to ₹430 crore in FY 2025, showing earnings are dropping.
- Net profit margin dropped to about 2.6 %, meaning the company is making less profit for every rupee of sales.
- Earnings per share (EPS) fell from ₹22.7 to ₹11.9, showing lower returns for shareholders.
- Return on equity (ROE) is low at around 3.9 %, meaning the company is not making high profits from shareholders’ money.
- Profit growth in recent years has been slow or inconsistent, showing earnings are not very stable.
निष्कर्ष
It is a well-known company that makes heat-resistant products for the steel industry, helping steel plants work safely at very high temperatures. The company has factories in India, Asia, Europe, and North America, and sells its products in many countries. Its sales have grown over time, but profits have sometimes gone up and down. The company has low debt, pays dividends, and is growing in India, but its profit margins and returns are not very high. Overall, I is a strong and reliable company with room to grow, but investors should remember that profits can be uneven and the steel industry has risks.
