IFGL Refractories (NSE:IFGLEXPOR) ROCE %: 6.65% (As of Mar. 2026)


NSE:IFGLEXPOR IFGL Refractories Ltd NSE:IFGLEXPOR
79 GF Score
Price ₹178.00
GF Value ₹303.93
Valuation Significantly Undervalued
! 3 Warning Signs
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What is IFGL Refractories ROCE %?

IFGL Refractories NSE:IFGLEXPOR -4.06% 79 ROCE % is 6.65% as of Mar. 2026. GuruFocus rates NSE:IFGLEXPOR with a GF Score™ of 79/100 and a GF Value™ of ₹303.93 (Significantly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. IFGL Refractories's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.65%.

IFGL Refractories  (NSE:IFGLEXPOR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

IFGL Refractories ROCE % Related Terms

IFGL Refractories ROCE % Historical Data

* Premium members only.

The historical data trend for IFGL Refractories's ROCE % 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.

IFGL Refractories ROCE % Chart

IFGL Refractories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.96 10.44 9.49 6.16 4.97

IFGL Refractories Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.64 6.59 6.62 0.05 6.65
NSE:IFGLEXPOR
79GF Score
IFGL Refractories Ltd NSE:IFGLEXPOR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IFGL Refractories ROCE % Calculation

IFGL Refractories's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=609.7/( ( (16185.04 - 4164.151) + (16729.5 - 4227.3) )/ 2 )
=609.7/( (12020.889+12502.2)/ 2 )
=609.7/12261.5445
=4.97 %

IFGL Refractories's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=831.2/( ( (0 - 0) + (16729.5 - 4227.3) )/ 1 )
=831.2/( ( 0 + 12502.2 )/ 1 )
=831.2/12502.2
=6.65 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 6.65% mean?
IFGL Refractories (NSE:IFGLEXPOR) has a ROCE % of 6.65% as of Mar. 2026.
Is IFGL Refractories' ROCE % too high?
IFGL Refractories' current ROCE % is 6.65%. The Building Materials industry median ROCE % is 5.95. IFGL Refractories' value of 6.65% is 11.9% above this industry median. Overall, IFGL Refractories has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFGL Refractories' ROCE % compare to CRH and VMC?
IFGL Refractories' ROCE % of 6.65% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.95. IFGL Refractories' value of 6.65% is 11.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Building Materials company?
The median ROCE % among Building Materials companies is 5.95, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IFGL Refractories's current ROCE % of 6.65% is 11.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Building Materials industry, the median ROCE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFGL Refractories's current ROCE % is 6.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFGL Refractories stock overvalued right now?
Based on GuruFocus' analysis, IFGL Refractories (NSE:IFGLEXPOR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹303.93, compared to a current price of ₹178.00 — trading 41.4% below its estimated fair value. The current ROCE % is 6.65% and 11.9% above the Building Materials industry median of 5.95. IFGL Refractories' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For IFGL Refractories (NSE:IFGLEXPOR), the current ROCE % is 6.65% 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 IFGL Refractories (NSE:IFGLEXPOR) Overvalued in 2026?

Based on GuruFocus' analysis, IFGL Refractories stock appears to be undervalued. The current stock price of ₹178.00 is trading 41.4% below its estimated GF Value™ of ₹303.93. GuruFocus considers IFGL Refractories to be Significantly Undervalued.

Key valuation signals for NSE:IFGLEXPOR:

  • ROCE %: 6.65%
  • GF Value™: ₹303.93 vs. price of ₹178.00 (41.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 11.9% above the Building Materials median

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

IFGL Refractories Business Description

Other Exchanges 540774:India
Address 3, Netaji Subhas Road, McLeod House, Kolkata, WB, IND, 700 001
IFGL Refractories Ltd is engaged in the manufacturing, trading, and selling of Refractory items and related equipment and accessories used in Steel plants. The Group also provides services to Refractory Goods. The Group operates in one Operating Segment, Specialised Refractories and Ceramics. The Group's production facilities have been segmented into India, Europe (United Kingdom, Germany, and the Czech Republic), Asia excluding India (China), and America (USA). It generates maximum revenue from India. The group provides Solutions for Ferrous and non-ferrous.
79GF Score

Get the complete analysis for NSE:IFGLEXPOR

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

₹178.00
Price
₹303.93
GF Value