Refractory Shapes (NSE:REFRACTORY) Enterprise Value: ₹796.9 Mil (As of Jun. 30, 2026) ***


NSE:REFRACTORY Refractory Shapes Ltd NSE:REFRACTORY
17 GF Score
Price ₹30.55
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What is Refractory Shapes Enterprise Value?

Refractory Shapes NSE:REFRACTORY 17 Enterprise Value is ₹796.9 Mil as of Jun. 30, 2026. GuruFocus rates NSE:REFRACTORY with a GF Score™ of 17/100.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Refractory Shapes's Enterprise Value is ₹796.9 Mil. Refractory Shapes's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹87.6 Mil. Therefore, Refractory Shapes's EV-to-EBIT ratio for today is 9.09.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Refractory Shapes's Enterprise Value is ₹796.9 Mil. Refractory Shapes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was ₹112.2 Mil. Therefore, Refractory Shapes's EV-to-EBITDA ratio for today is 7.10.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Refractory Shapes's Enterprise Value is ₹796.9 Mil. Refractory Shapes's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was ₹587.7 Mil. Therefore, Refractory Shapes's EV-to-Revenue ratio for today is 1.36.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Refractory Shapes's Enterprise Value is ₹796.9 Mil. Refractory Shapes's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was ₹10.6 Mil. Therefore, Refractory Shapes's EV-to-OCF ratio for today is 74.94.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Refractory Shapes's Enterprise Value is ₹796.9 Mil. Refractory Shapes's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-91.0 Mil. Therefore, Refractory Shapes's EV-to-FCF ratio for today is -8.76.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Refractory Shapes  (NSE:REFRACTORY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Refractory Shapes's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=796.875/87.643
=9.09

Refractory Shapes's current Enterprise Value is ₹796.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Refractory Shapes's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₹87.6 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Refractory Shapes's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=796.875/112.238
=7.10

Refractory Shapes's current Enterprise Value is ₹796.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Refractory Shapes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was ₹112.2 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Refractory Shapes's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=796.875/587.713
=1.36

Refractory Shapes's current Enterprise Value is ₹796.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Refractory Shapes's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was ₹587.7 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Refractory Shapes's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=796.875/10.634
=74.94

Refractory Shapes's current Enterprise Value is ₹796.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Refractory Shapes's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was ₹10.6 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Refractory Shapes's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=796.875/-91.003
=-8.76

Refractory Shapes's current Enterprise Value is ₹796.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Refractory Shapes's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-91.0 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.


Refractory Shapes Enterprise Value Related Terms


Refractory Shapes Enterprise Value Historical Data

* Premium members only.

The historical data trend for Refractory Shapes's Enterprise Value 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.

Refractory Shapes Enterprise Value Chart

Refractory Shapes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Enterprise Value
0.00 0.00 0.00 0.00 1,553.34

Refractory Shapes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Enterprise Value Get a 7-Day Free Trial 0.00 0.00 0.00 2,925.70 1,553.34

NSE:REFRACTORY vs CRH, VMC, MLM: Enterprise Value Comparison

For the Building Materials subindustry, Refractory Shapes's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Refractory Shapes Enterprise Value vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Refractory Shapes's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Refractory Shapes's Enterprise Value falls into.


NSE:REFRACTORY
17GF Score
Refractory Shapes Ltd NSE:REFRACTORY
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Refractory Shapes Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Refractory Shapes's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as

Refractory Shapes's Enterprise Value for the quarter that ended in Mar. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₹796.9 Mil mean?
Refractory Shapes (NSE:REFRACTORY) has a Enterprise Value of ₹796.9 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Refractory Shapes and its competitors.
Is Refractory Shapes' Enterprise Value too high?
Refractory Shapes' current Enterprise Value is ₹796.9 Mil. Overall, Refractory Shapes has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Refractory Shapes' Enterprise Value compare to CRH and VMC?
Refractory Shapes' Enterprise Value of ₹796.9 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 Enterprise Value for a Building Materials company?
A good Enterprise Value depends on the Building Materials industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Refractory Shapes and its competitors. Refractory Shapes's current Enterprise Value is ₹796.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refractory Shapes stock overvalued right now?
Refractory Shapes (NSE:REFRACTORY) has a current Enterprise Value of ₹796.9 Mil. The current Enterprise Value is ₹796.9 Mil. Refractory Shapes' overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Refractory Shapes (NSE:REFRACTORY), the current Enterprise Value is ₹796.9 Mil as of Jun. 30, 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.

Refractory Shapes Business Description

Address Andheri-Kurla Road, B 201, Rustomjee Central Park Chakala, Andheri (East), Mumbai, MH, IND, 400069
Refractory Shapes Ltd is engaged in the production of special shapes, custom-made refractory shapes, and ceramic balls of low and medium purity with top quality and superior performance. The company manufactures bricks, castables, coating materials, high purity alumina catalyst bed supports, and ceramic balls. It serves industries including steel, refineries, fertilizers, petrochemicals, glass, and cement. The company has an international presence across multiple countries and is known for its quality, skilled workforce, and quality assurance.
17GF Score

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

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