SP Refractories (NSE:SPRL) FCF Margin %: 1.45% (As of Mar. 2026) — Near Median


NSE:SPRL SP Refractories Ltd NSE:SPRL
68 GF Score
Price ₹110.75
GF Value ₹140.50
Valuation Modestly Undervalued
! 2 Warning Signs
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What is SP Refractories FCF Margin %?

SP Refractories NSE:SPRL 68 FCF Margin % is 1.45% as of Mar. 2026, which is 6% below its 10-year median of 1.54. 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 403 Building Materials companies, SP Refractories ranks worse than 60.05% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. SP Refractories's Free Cash Flow for the six months ended in Mar. 2026 was ₹1.7 Mil. SP Refractories's Revenue for the six months ended in Mar. 2026 was ₹118.5 Mil. Therefore, SP Refractories's FCF Margin % for the quarter that ended in Mar. 2026 was 1.45%.

As of today, SP Refractories's current FCF Yield % is 2.12%.

The historical rank and industry rank for SP Refractories's FCF Margin % or its related term are showing as below:

NSE:SPRL' s FCF Margin % Range Over the Past 10 Years
Min: -7.4   Med: 1.54   Max: 3.67
Current: 1.56


During the past 8 years, the highest FCF Margin % of SP Refractories was 3.67%. The lowest was -7.40%. And the median was 1.54%.

NSE:SPRL's FCF Margin % is ranked worse than
60.05% of 403 companies
in the Building Materials industry
Industry Median: 3.76 vs NSE:SPRL: 1.56


SP Refractories FCF Margin % Related Terms


SP Refractories FCF Margin % Historical Data

* Premium members only.

The historical data trend for SP Refractories's FCF 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 FCF Margin % Chart

SP Refractories Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial -7.40 -4.88 1.51 3.67 1.56

SP Refractories Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 0.00 0.00 1.64 1.45

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

For the Building Materials subindustry, SP Refractories's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Building Materials Industry

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

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


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

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=4.387/281.516
=1.56 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1.721/118.536
=1.45 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 1.45% mean?
SP Refractories (NSE:SPRL) has a FCF Margin % of 1.45% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SP Refractories and its competitors. This is near median its historical median of 1.54. According to the industry distribution chart, SP Refractories ranks #242 out of 403 companies in the Building Materials industry, placing it in the top 60%.
Is SP Refractories' FCF Margin % too high?
SP Refractories' current FCF Margin % of 1.45% is near median its 10-year median of 1.54. The Building Materials industry median FCF Margin % is 3.76. SP Refractories' value of 1.45% is 61.4% below this industry median. Based on the distribution chart, SP Refractories ranks #242 out of 403 companies in the Building Materials industry, which is below 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' FCF Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, SP Refractories ranks #242 out of 403 companies for FCF Margin %. This places SP Refractories in the lower half of its industry. The industry median FCF Margin % is 3.76. SP Refractories' value of 1.45% is 61.4% below this benchmark. While the company's 10-year median is 1.54 vs. the industry median of 3.76, SP Refractories has consistently been below 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 FCF Margin % for a Building Materials company?
The median FCF Margin % among Building Materials companies is 3.76, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP Refractories's current FCF Margin % of 1.45% is 61.4% below 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SP Refractories and its competitors. For the Building Materials industry, the median FCF Margin % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Refractories's current FCF Margin % is 1.45%, which is near median its own 10-year median of 1.54. 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 ₹110.75 — trading 21.2% below its estimated fair value. The current FCF Margin % is 1.45%, which is near median its 10-year median of 1.54 and 61.4% below the Building Materials industry median of 3.76. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For SP Refractories (NSE:SPRL), the current FCF Margin % is 1.45% 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 ₹110.75 is trading 21.2% below its estimated GF Value™ of ₹140.50. GuruFocus considers SP Refractories to be Modestly Undervalued.

Key valuation signals for NSE:SPRL:

  • FCF Margin %: 1.45% (near median its 10-year median of 1.54)
  • GF Value™: ₹140.50 vs. price of ₹110.75 (21.2% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 61.4% below the Building Materials median (#242 of 403)

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

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

₹110.75
Price
₹140.50
GF Value