IFGL Refractories (NSE:IFGLEXPOR) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:IFGLEXPOR IFGL Refractories Ltd NSE:IFGLEXPOR
83 GF Score
Price ₹237.70
GF Value ₹303.43
Valuation Modestly Undervalued
! 5 Warning Signs
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What is IFGL Refractories Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IFGL Refractories's operating assets for the quarter that ended in Mar. 2026 was ₹15,494 Mil. IFGL Refractories's operating liabilities for the quarter that ended in Mar. 2026 was ₹2,893 Mil. IFGL Refractories's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, IFGL Refractories's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


IFGL Refractories Scaled Net Operating Assets Historical Data

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The historical data trend for IFGL Refractories's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

IFGL Refractories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.77 0.74 0.78 0.78

IFGL Refractories Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

NSE:IFGLEXPOR vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, IFGL Refractories's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


IFGL Refractories Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IFGL Refractories's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where IFGL Refractories's Scaled Net Operating Assets falls into.


NSE:IFGLEXPOR
83GF Score
IFGL Refractories Ltd NSE:IFGLEXPOR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IFGL Refractories Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IFGL Refractories's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(15493.8-2893.3)/16185.04
=0.78

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16729.5 - 1235.7
=15493.8

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4980.4 - 439.3 - 1647.8
=2893.3

IFGL Refractories's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(15493.8-2893.3)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16729.5 - 1235.7
=15493.8

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4980.4 - 439.3 - 1647.8
=2893.3

* 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.

Is IFGL Refractories (NSE:IFGLEXPOR) Overvalued in 2026?

Based on GuruFocus' analysis, IFGL Refractories stock appears to be undervalued. The current stock price of ₹237.70 is trading 21.7% below its estimated GF Value™ of ₹303.43. GuruFocus considers IFGL Refractories to be Modestly Undervalued.

Key valuation signals for NSE:IFGLEXPOR:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹303.43 vs. price of ₹237.70 (21.7% below fair value)
  • GF Score™: 83/100 with 5 warning signs

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.
83GF Score

Get the complete analysis for NSE:IFGLEXPOR

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

₹237.70
Price
₹303.43
GF Value