IFGL Refractories (NSE:IFGLEXPOR) EBIT: ₹610 Mil (TTM As of Mar. 2026)


NSE:IFGLEXPOR IFGL Refractories Ltd NSE:IFGLEXPOR
79 GF Score
Price ₹178.00
GF Value ₹303.93
Valuation Significantly Undervalued
! 3 Warning Signs
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What is IFGL Refractories EBIT?

IFGL Refractories NSE:IFGLEXPOR -4.06% 79 EBIT is ₹610 Mil as of Mar. 2026. GuruFocus rates NSE:IFGLEXPOR with a GF Score™ of 79/100 and a GF Value™ of ₹303.93 (Significantly Undervalued). The stock has 3 warning signs investors should review.

IFGL Refractories's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹208 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹610 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IFGL Refractories's annualized ROC % for the quarter that ended in Mar. 2026 was 4.67%. IFGL Refractories's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IFGL Refractories's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.45%.


IFGL Refractories  (NSE:IFGLEXPOR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

IFGL Refractories's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=731.2 * ( 1 - 16.05% )/( (0 + 13152.4)/ 1 )
=613.8424/13152.4
=4.67 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

IFGL Refractories's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=831.2/( ( (0 + max(0, 0)) + (4923.5 + max(6067.9, 0)) )/ 1 )
=831.2/( ( 0 + 10991.4 )/ 1 )
=831.2/10991.4
=7.56 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4250.7 + 4113.7 + 283) - (2341.4 + 0 + 238.1)
=6067.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

IFGL Refractories's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=609.7/13706.623
=4.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IFGL Refractories EBIT Related Terms


IFGL Refractories EBIT Historical Data

* Premium members only.

The historical data trend for IFGL Refractories's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IFGL Refractories EBIT Chart

IFGL Refractories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,073.45 1,105.39 1,088.67 732.90 609.70

IFGL Refractories Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 169.50 198.00 202.50 1.40 207.80

NSE:IFGLEXPOR vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, IFGL Refractories's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IFGL Refractories EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IFGL Refractories's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IFGL Refractories's EV-to-EBIT falls into.


NSE:IFGLEXPOR
79GF Score
IFGL Refractories Ltd NSE:IFGLEXPOR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IFGL Refractories EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹610 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹610 Mil mean?
IFGL Refractories (NSE:IFGLEXPOR) has a EBIT of ₹610 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IFGL Refractories.
Is IFGL Refractories' EBIT too high?
IFGL Refractories' current EBIT is ₹610 Mil. Overall, IFGL Refractories has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFGL Refractories' EBIT compare to CRH and VMC?
IFGL Refractories' EBIT of ₹610 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Building Materials company?
A good EBIT depends on the Building Materials industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IFGL Refractories. IFGL Refractories's current EBIT is ₹610 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFGL Refractories stock overvalued right now?
Based on GuruFocus' analysis, IFGL Refractories (NSE:IFGLEXPOR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹303.93, compared to a current price of ₹178.00 — trading 41.4% below its estimated fair value. The current EBIT is ₹610 Mil. IFGL Refractories' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For IFGL Refractories (NSE:IFGLEXPOR), the current EBIT is ₹610 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IFGL Refractories (NSE:IFGLEXPOR) Overvalued in 2026?

Based on GuruFocus' analysis, IFGL Refractories stock appears to be undervalued. The current stock price of ₹178.00 is trading 41.4% below its estimated GF Value™ of ₹303.93. GuruFocus considers IFGL Refractories to be Significantly Undervalued.

Key valuation signals for NSE:IFGLEXPOR:

  • EBIT: ₹610 Mil
  • GF Value™: ₹303.93 vs. price of ₹178.00 (41.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the NSE:IFGLEXPOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IFGL Refractories Business Description

Other Exchanges 540774:India
Address 3, Netaji Subhas Road, McLeod House, Kolkata, WB, IND, 700 001
IFGL Refractories Ltd is engaged in the manufacturing, trading, and selling of Refractory items and related equipment and accessories used in Steel plants. The Group also provides services to Refractory Goods. The Group operates in one Operating Segment, Specialised Refractories and Ceramics. The Group's production facilities have been segmented into India, Europe (United Kingdom, Germany, and the Czech Republic), Asia excluding India (China), and America (USA). It generates maximum revenue from India. The group provides Solutions for Ferrous and non-ferrous.
79GF Score

Get the complete analysis for NSE:IFGLEXPOR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹178.00
Price
₹303.93
GF Value