SP Refractories (NSE:SPRL) Moat Score: 0/10 (As of Jul. 04, 2026)


NSE:SPRL SP Refractories Ltd NSE:SPRL
70 GF Score
Price ₹111.00
GF Value ₹140.54
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is SP Refractories Moat Score?

SP Refractories has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

SP Refractories has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes SP Refractories might have No Moat - No discernible moat.

SP Refractories  (NSE:SPRL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

SP Refractories Moat Score Related Terms

NSE:SPRL
70GF Score
SP Refractories Ltd NSE:SPRL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is SP Refractories (NSE:SPRL) Overvalued in 2026?

Based on GuruFocus' analysis, SP Refractories stock appears to be undervalued. The current stock price of ₹111.00 is trading 21% below its estimated GF Value™ of ₹140.54. GuruFocus considers SP Refractories to be Modestly Undervalued.

Key valuation signals for NSE:SPRL:

  • Moat Score: 0
  • GF Value™: ₹140.54 vs. price of ₹111.00 (21% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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.
70GF Score

Get the complete analysis for NSE:SPRL

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

₹111.00
Price
₹140.54
GF Value