Raasi Refractories
Close ·
- P/E
- Not meaningful: last twelve months’ earnings are mostly a one-off item
Key Fundamentals
MicrocapIndustrial ManufacturingCapital GoodsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 10.50%
- Debt to Equity
- Not meaningful: shareholders’ equity is negative
- EPS (TTM)
- ₹0.66
- Book Value
- −₹27.85
- Market Cap
- —
- P/E (TTM)
- Not meaningful: last twelve months’ earnings are mostly a one-off item
- P/B
- Not meaningful: book value is negative
- ROE
- Not meaningful: shareholders’ equity is negative
- Dividend Yield
- 0.00%
- EBITDA
- ₹2.90 Cr
- 52W High
- ₹26.42
- 52W Low
- ₹13.75
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
5- Company has low interest coverage ratio.
- Contingent liabilities of Rs.3.90 Cr.
- Promoters have pledged 99.8% of their holding.
- Earnings include an other income of Rs.3.92 Cr.
- Company has high debtors of 224 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 9 | 7 | 3 |
| Oscillators | Bullish | 0 | 7 | 2 |
| Moving Averages | Strong Bearish | 9 | 0 | 1 |
Oscillators
Bullish
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 48.42
- Neutral
- MACD (12,26,9)
- −0.10
- Bullish
- SMA (50)
- 19.64
- Bearish
- SMA (200)
- 20.48
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +19.04% |
|---|---|
| 5Y | +21.44% |
| 3Y | −2.22% |
| 1Y | +54.62% |
| TTM | +60.12% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | −20.66% |
| 3Y | −49.62% |
| 1Y | +22.22% |
| TTM | −65.56% |
Operating cash flow
| 10Y | Outflow widened by ₹3.91 Cr |
|---|---|
| 5Y | Turned negative |
| 3Y | Turned negative |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +21.58 pp |
|---|---|
| 5Y | −16.71 pp |
| 3Y | −7.95 pp |
| 1Y | −7.50 pp |
| TTM | −10.89 pp |
Revenue by year
| Mar 2017 | ₹7.23 Cr |
|---|---|
| Mar 2018 | ₹21.75 Cr |
| Mar 2019 | ₹41.27 Cr |
| Mar 2020 | ₹48.22 Cr |
| Mar 2021 | ₹20.91 Cr |
| Mar 2022 | ₹62.89 Cr |
| Mar 2023 | ₹59.07 Cr |
| Mar 2024 | ₹40.33 Cr |
| Mar 2025 | ₹35.72 Cr |
| Mar 2026 | ₹55.23 Cr |
Net profit by year
| Mar 2017 | −₹3.18 Cr |
|---|---|
| Mar 2018 | ₹0.69 Cr |
| Mar 2019 | ₹4.05 Cr |
| Mar 2020 | ₹1.21 Cr |
| Mar 2021 | ₹0.35 Cr |
| Mar 2022 | ₹1.15 Cr |
| Mar 2023 | ₹0.86 Cr |
| Mar 2024 | ₹0.30 Cr |
| Mar 2025 | ₹0.09 Cr |
| Mar 2026 | ₹0.11 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.34 | 16.91 | 7.76 | 13.33 | 9.79 | 11.63 | 2.2 | 12.09 | 10.84 | 15.53 | 18.31 | 10.54 | 14.48 |
| Expenses | 3.85 | 11.64 | 9.09 | 12.44 | 10.23 | 9.45 | 4.4 | 9.57 | 9.9 | 14.69 | 19.78 | 11.84 | 13.45 |
| Operating Profit | −1.51 | 5.27 | −1.33 | 0.89 | −0.44 | 2.18 | −2.2 | 2.52 | 0.94 | 0.84 | −1.47 | −1.3 | 1.03 |
| OPM % | −64.53% | 31.16% | −17.14% | 6.68% | −4.49% | 18.74% | −100% | 20.84% | 8.67% | 5.41% | −8.03% | −12.33% | 7.11% |
| Other Income | 0 | 0 | 0.04 | 0.03 | 0.74 | −0.73 | 0.62 | 0.38 | 0 | 3.86 | 0 | 0.06 | 0 |
| Interest | 0.63 | 0.61 | 0.59 | 0.53 | 0.61 | 0.62 | 0.5 | 0.53 | 0.48 | 0.45 | 0.42 | 0.67 | 0.45 |
| Depreciation | 0.11 | 0.11 | 0.11 | 0.48 | 0.2 | 0.2 | 0.2 | 0.15 | 0.19 | 0.19 | 0.19 | 0.12 | 0.17 |
| PBT | −2.25 | 4.55 | −1.99 | −0.09 | −0.51 | 0.63 | −2.28 | 2.22 | 0.27 | 4.06 | −2.08 | −2.03 | 0.41 |
| Tax % | 0% | 0% | 0% | −66.67% | 0% | 0% | 0% | −2.7% | 0% | 0% | 0% | 1.97% | 0% |
| Net Profit | −2.25 | 4.55 | −1.99 | −0.02 | −0.51 | 0.63 | −2.28 | 2.27 | 0.28 | 4.06 | −2.08 | −2.08 | 0.41 |
| EPS (₹) | −4.77 | 9.65 | −4.22 | −0.04 | −1.08 | 1.34 | −4.84 | 4.82 | 0.59 | 8.61 | −4.41 | −4.41 | 0.87 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.21 | 9.67 | 7.23 | 21.75 | 41.27 | 48.22 | 20.91 | 62.89 | 59.07 | 40.33 | 35.72 | 55.23 | 58.86 |
| Expenses | 29.07 | 11.93 | 6.46 | 16.14 | 35.99 | 44.05 | 17.79 | 59.58 | 55.43 | 37.01 | 33.68 | 56.22 | 59.76 |
| Operating Profit | −15.86 | −2.26 | 0.77 | 5.61 | 5.28 | 4.17 | 3.12 | 3.31 | 3.64 | 3.32 | 2.04 | −0.99 | −0.9 |
| OPM % | −120.06% | −23.37% | 10.65% | 25.79% | 12.79% | 8.65% | 14.92% | 5.26% | 6.16% | 8.23% | 5.71% | −1.79% | −1.53% |
| Other Income | 0 | 3.74 | 0.07 | 0.03 | 2.56 | 0.05 | 0.06 | 0.05 | 0.06 | 0.07 | 1 | 3.85 | 3.92 |
| Interest | 0.05 | 2.82 | 2.82 | 3.74 | 3.51 | 2.3 | 2.49 | 2.51 | 2.23 | 2.36 | 2.26 | 2.02 | 1.99 |
| Depreciation | 1.04 | 1.07 | 1.19 | 1.21 | 0.29 | 0.3 | 0.29 | 0.29 | 0.43 | 0.8 | 0.75 | 0.68 | 0.67 |
| PBT | −16.95 | −2.41 | −3.17 | 0.69 | 4.04 | 1.62 | 0.4 | 0.56 | 1.04 | 0.23 | 0.03 | 0.16 | 0.36 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 25.31% | 12.5% | −105.36% | 16.35% | −26.09% | −200% | 25% | — |
| Net Profit | −16.95 | −2.4 | −3.18 | 0.69 | 4.05 | 1.21 | 0.35 | 1.15 | 0.86 | 0.3 | 0.09 | 0.11 | 0.31 |
| EPS (₹) | −35.96 | −5.09 | −6.75 | 1.46 | 8.59 | 2.57 | 0.74 | 2.44 | 1.82 | 0.64 | 0.19 | 0.23 | 0.66 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 | 4.71 |
| Reserves | −20.96 | −23.36 | −26.54 | −25.9 | −21.9 | −20.69 | −20.34 | −19.19 | −18.32 | −18.03 | −17.94 | −17.83 |
| Borrowings | 33.23 | 38.87 | 42.23 | 42.83 | 52.18 | 44.4 | 43.5 | 45.63 | 26.97 | 29.39 | 30.91 | 37.4 |
| Other Liabilities | 12.68 | 13.17 | 14.25 | 47.06 | 11.69 | 7.2 | 8.51 | 13.35 | 33 | 37.8 | 31.28 | 31.16 |
| Total Liabilities | 29.66 | 33.39 | 34.65 | 68.7 | 46.68 | 35.62 | 36.38 | 44.5 | 46.36 | 53.87 | 48.96 | 55.44 |
| Fixed Assets | 5.49 | 8.69 | 7.49 | 6.48 | 6.2 | 6.12 | 5.84 | 5.55 | 6.54 | 6.19 | 5.44 | 4.92 |
| CWIP | 2.54 | 2.6 | 2.65 | 2.66 | 2.68 | 2.68 | 2.68 | 2.68 | 2.68 | 2.68 | 2.68 | 2.68 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 21.63 | 22.1 | 24.51 | 59.56 | 37.8 | 26.82 | 27.86 | 36.27 | 37.14 | 45 | 40.84 | 47.84 |
| Total Assets | 29.66 | 33.39 | 34.65 | 68.7 | 46.68 | 35.62 | 36.38 | 44.5 | 46.36 | 53.87 | 48.96 | 55.44 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −6.52 | −3.43 | 1.06 | −6.37 | 0.93 | 10.75 | 4.52 | 0.28 | 21.83 | 0.73 | 1.18 | −7.34 |
| Investing | 0.73 | −4.28 | 0.03 | −0.19 | 0.15 | −0.58 | 0.01 | 0.1 | −1.46 | −0.44 | 0.03 | 3.62 |
| Financing | 5.67 | 9.11 | −2.23 | 6.93 | −1.2 | −10.08 | −3.4 | −0.39 | −20.88 | 0.05 | −1.7 | 4.47 |
| Net Cash Flow | −0.11 | 1.4 | −1.14 | 0.38 | −0.12 | 0.08 | 1.13 | 0 | −0.51 | 0.34 | −0.49 | 0.75 |
| Free Cash Flow | −6.77 | −7.76 | 1.02 | −6.58 | 0.89 | 10.53 | 4.52 | 0.28 | 20.41 | 0.28 | 1.18 | −7.51 |
| CFO/EBITDA | 41 | 152 | 138 | −114 | 18 | 258 | 145 | 8 | 600 | 22 | 58 | 741 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 353 | 453 | 680 | 455 | 220 | 105 | 216 | 131 | 213 | 286 | 303 | 224 |
| Inventory Days | 78.01 | 334 | 1,128 | 556 | 73.4 | 93.35 | 374 | 71.23 | 2.72 | 97.22 | 106 | 66.57 |
| Days Payable | 87.36 | 472 | 1,370 | 577 | 9.79 | 8.13 | 73.52 | 57.62 | 102 | 214 | 152 | 147 |
| Cash Conversion Cycle | 344 | 315 | 437 | 434 | 283 | 190 | 517 | 145 | 114 | 169 | 257 | 144 |
| Working Capital Days | 40.62 | 209 | 259 | −64.94 | 130 | 67.82 | 146 | 45.21 | −44.8 | −42.17 | −35.15 | −8.79 |
| ROCE % | −74.84% | −17.58% | −1.72% | 21.08% | 17.87% | 12.36% | 10.27% | 10.4% | 14.69% | 17.6% | 13.63% | 10.53% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Raasi Refractories insights
57 extracted metrics across FY10–FY27.
Documents
- 9 Dec 2014
- General announcements 14 Oct 2026
- General announcements 3 Oct 2026
- General announcements 3 Oct 2026
- General announcements 3 Oct 2026
- General announcements 3 Oct 2026
Frequently Asked Questions about Raasi Refractories
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Company Information
Incorporated in 1981, Raasi Refractories Ltd is in the business of refractories
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