SP Refractories (NSE:SPRL) EBITDA Margin %: 17.39% (As of Mar. 2026) — 186% Above Median


NSE:SPRL SP Refractories Ltd NSE:SPRL
68 GF Score
Price ₹105.60
GF Value ₹140.50
Valuation Modestly Undervalued
! 2 Warning Signs
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What is SP Refractories EBITDA Margin %?

SP Refractories NSE:SPRL 68 EBITDA Margin % is 17.39% as of Mar. 2026, which is 186% above its 10-year median of 6.09. GuruFocus rates NSE:SPRL with a GF Score™ of 68/100 and a GF Value™ of ₹140.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 406 Building Materials companies, SP Refractories ranks better than 66.5% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. SP Refractories's EBITDA for the six months ended in Mar. 2026 was ₹20.6 Mil. SP Refractories's Revenue for the six months ended in Mar. 2026 was ₹118.5 Mil. Therefore, SP Refractories's EBITDA margin for the quarter that ended in Mar. 2026 was 17.39%.


SP Refractories  (NSE:SPRL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


SP Refractories EBITDA Margin % Related Terms


SP Refractories EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for SP Refractories's EBITDA Margin % 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.

SP Refractories EBITDA Margin % Chart

SP Refractories Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial 6.36 5.45 10.14 11.69 18.86

SP Refractories Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.46 11.75 11.64 19.92 17.39

NSE:SPRL vs CRH, VMC, MLM: EBITDA Margin % Comparison

For the Building Materials subindustry, SP Refractories's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


SP Refractories EBITDA Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, SP Refractories's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where SP Refractories's EBITDA Margin % falls into.


NSE:SPRL
68GF Score
SP Refractories Ltd NSE:SPRL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SP Refractories EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

SP Refractories's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=53.082/281.516
=18.86 %

SP Refractories's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=20.618/118.536
=17.39 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 17.39% mean?
SP Refractories (NSE:SPRL) has a EBITDA Margin % of 17.39% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SP Refractories and its competitors. This is 186% above median its historical median of 6.09. Over the past decade, SP Refractories' EBITDA Margin % has ranged from 4.88 to 18.86. According to the industry distribution chart, SP Refractories ranks #136 out of 406 companies in the Building Materials industry, placing it in the top 33.5%.
Is SP Refractories' EBITDA Margin % too high?
SP Refractories' current EBITDA Margin % of 17.39% is 186% above median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 18.86. The Building Materials industry median EBITDA Margin % is 13.34. SP Refractories' value of 17.39% is 30.4% above this industry median. Based on the distribution chart, SP Refractories ranks #136 out of 406 companies in the Building Materials industry, which is above the industry midpoint. Overall, SP Refractories has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SP Refractories' EBITDA Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, SP Refractories ranks #136 out of 406 companies for EBITDA Margin %. This puts SP Refractories in the upper half of its industry. The industry median EBITDA Margin % is 13.34. SP Refractories' value of 17.39% is 30.4% above this benchmark. Historically, SP Refractories' own EBITDA Margin % has ranged from 4.88 to 18.86 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 13.34, SP Refractories has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Building Materials company?
The median EBITDA Margin % among Building Materials companies is 13.34, based on 406 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP Refractories's current EBITDA Margin % of 17.39% is 30.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SP Refractories and its competitors. For the Building Materials industry, the median EBITDA Margin % is 13.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Refractories's current EBITDA Margin % is 17.39%, which is 186% above median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Refractories stock overvalued right now?
Based on GuruFocus' analysis, SP Refractories (NSE:SPRL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹140.50, compared to a current price of ₹105.60 — trading 24.8% below its estimated fair value. The current EBITDA Margin % is 17.39%, which is 186% above median its 10-year median of 6.09 and 30.4% above the Building Materials industry median of 13.34. SP Refractories' overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For SP Refractories (NSE:SPRL), the current EBITDA Margin % is 17.39% 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 SP Refractories (NSE:SPRL) Overvalued in 2026?

Based on GuruFocus' analysis, SP Refractories stock appears to be undervalued. The current stock price of ₹105.60 is trading 24.8% below its estimated GF Value™ of ₹140.50. GuruFocus considers SP Refractories to be Modestly Undervalued.

Key valuation signals for NSE:SPRL:

  • EBITDA Margin %: 17.39% (186% above median its 10-year median of 6.09)
  • GF Value™: ₹140.50 vs. price of ₹105.60 (24.8% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 30.4% above the Building Materials median (#136 of 406)

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


SP Refractories Business Description

Address Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016
SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.
68GF Score

Get the complete analysis for NSE:SPRL

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

₹105.60
Price
₹140.50
GF Value