Peers

Refractory Shapes Ltd. shows strong growth potential with a high ROE and strong revenue growth compared to peers, making it a standout in the Refractories sector. While it has a relatively high debt-to-equity ratio, its profitability metrics suggest it is well-positioned for future success. Peer analysis reveals varying strengths, with some companies displaying high valuations without corresponding profitability, indicating potential overvaluation in the sector.

• • Refractory Shapes Ltd. has the highest revenue growth YoY at 44.93%.
• • Morganite Crucible (India) Ltd. leads in ROE with 20.10% and EBITDA margin at 22.38%.
• • RHI Magnesita India Ltd. shows the highest PE ratio at 44.35, indicating it may be overvalued relative to earnings.

• • Refractory Shapes Ltd.: Highest revenue growth (YoY) at 44.93% and strong ROE of 22.23%.
• • Morganite Crucible (India) Ltd.: Strong profitability with ROE of 20.10% and EBITDA margin of 22.38%.
• • IFGL Refractories Ltd.: Solid growth with a 3-Year revenue increase of 9.49% and reasonable debt levels.