Risk factor
Very poor trading liquidity
Profitability factor
Favourable analyst view
About
IFGL Refractories Limited primarily focuses on the manufacturing, trading, and distribution of essential refractory products, alongside related equipment and accessories. These critical materials are predominantly utilized in steel production facilities, serving markets both domestically in India and internationally. The company's extensive offerings include specialized refractories such as isostatic and slide gate varieties, complete tube changer and purging systems with their refractory components, and a range of cast products and monolithic solutions. Furthermore, IFGL supplies zircon and zirconia nozzles, spray machinery, robotic gunning systems, slag control darts and associated equipment, foundry ceramics, wire guides, and heating ovens. Originally known as IFGL Exports Limited, the company rebranded to its current name, IFGL Refractories Limited, in October 2017. Established in 2007, its corporate headquarters are located in Kolkata, India. The company functions as a subsidiary under Bajoria Financial Services Private Limited.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV
Target Price
The average target price of IFGLEXPOR.NS is 321 and suggests 63.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation