SP Refractories (NSE:SPRL) OCF Margin %: 8.18% (As of Mar. 2026) — 97% Above Median


NSE:SPRL SP Refractories Ltd NSE:SPRL
68 GF Score
Price ₹110.75
GF Value ₹140.51
Valuation Modestly Undervalued
! 2 Warning Signs
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What is SP Refractories OCF Margin %?

SP Refractories NSE:SPRL +4.88% 68 OCF Margin % is 8.18% as of Mar. 2026, which is 97% above its 10-year median of 4.16. GuruFocus rates NSE:SPRL with a GF Score™ of 68/100 and a GF Value™ of ₹140.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 403 Building Materials companies, SP Refractories ranks worse than 70.97% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. SP Refractories's Cash Flow from Operations for the six months ended in Mar. 2026 was ₹9.7 Mil. SP Refractories's Revenue for the six months ended in Mar. 2026 was ₹118.5 Mil. Therefore, SP Refractories's OCF Margin % for the quarter that ended in Mar. 2026 was 8.18%.

As of today, SP Refractories's current OCF Yield % is 6.30%.

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

NSE:SPRL' s OCF Margin % Range Over the Past 10 Years
Min: -2.56   Med: 4.16   Max: 5.5
Current: 4.64


During the past 8 years, the highest OCF Margin % of SP Refractories was 5.50%. The lowest was -2.56%. And the median was 4.16%.

NSE:SPRL's OCF Margin % is ranked worse than
70.97% of 403 companies
in the Building Materials industry
Industry Median: 10.62 vs NSE:SPRL: 4.64


SP Refractories OCF Margin % Related Terms


SP Refractories OCF Margin % Historical Data

* Premium members only.

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

SP Refractories Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial 2.54 1.50 5.50 4.95 4.64

SP Refractories Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.76 0.00 0.00 2.06 8.18

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

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

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

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


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

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=13.062/281.516
=4.64 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9.697/118.536
=8.18 %

* 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 OCF Margin % →
What does a OCF Margin % of 8.18% mean?
SP Refractories (NSE:SPRL) has a OCF Margin % of 8.18% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on SP Refractories and its competitors. This is 97% above median its historical median of 4.16. According to the industry distribution chart, SP Refractories ranks #286 out of 403 companies in the Building Materials industry, placing it in the top 71%.
Is SP Refractories' OCF Margin % too high?
SP Refractories' current OCF Margin % of 8.18% is 97% above median its 10-year median of 4.16. The Building Materials industry median OCF Margin % is 10.62. SP Refractories' value of 8.18% is 23% below this industry median. Based on the distribution chart, SP Refractories ranks #286 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' OCF Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, SP Refractories ranks #286 out of 403 companies for OCF Margin %. This places SP Refractories in the lower half of its industry. The industry median OCF Margin % is 10.62. SP Refractories' value of 8.18% is 23% below this benchmark. While the company's 10-year median is 4.16 vs. the industry median of 10.62, 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 OCF Margin % for a Building Materials company?
The median OCF Margin % among Building Materials companies is 10.62, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP Refractories's current OCF Margin % of 8.18% is 23% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on SP Refractories and its competitors. For the Building Materials industry, the median OCF Margin % is 10.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Refractories's current OCF Margin % is 8.18%, which is 97% above median its own 10-year median of 4.16. 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 ₹140.51, compared to a current price of ₹110.75 — trading 21.2% below its estimated fair value. The current OCF Margin % is 8.18%, which is 97% above median its 10-year median of 4.16 and 23% below the Building Materials industry median of 10.62. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For SP Refractories (NSE:SPRL), the current OCF Margin % is 8.18% 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 ₹140.51. GuruFocus considers SP Refractories to be Modestly Undervalued.

Key valuation signals for NSE:SPRL:

  • OCF Margin %: 8.18% (97% above median its 10-year median of 4.16)
  • GF Value™: ₹140.51 vs. price of ₹110.75 (21.2% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 23% below the Building Materials median (#286 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

Get the complete analysis for NSE:SPRL

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

₹110.75
Price
₹140.51
GF Value