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IFGL Refractories Stock Fundamental Analysis - Financial Results & Equity Research | Invest Yadnya Stock-o-Meter

IFGL Refractories

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Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

IFGL Refractories is a manufacturer of Specialised Refractories and requisite Operating Systems for Iron and Steel Industry. IFGL has a large pool of trained engineers and application specialists to offer customers total solution for Refractory for flow control in Steel Teeming and Continuous Casting of Steel.

The Slide Gate Refractories Plant was started in the year 1984. Indo Flogates was a joint venture with Flogates Ltd, UK and an exclusive Indian Licensee of Flocon Slide Gate Systems, developed by US Steel Corporation through their wholly-owned subsidiary USS Engineers and Consultants Inc. This plant now manufacturers Slide Gate Systems and Refractories with the latest know-how from Krosaki Harima Corporation, Japan, a subsidiary of Nippon Steel Corporation.

The Continuous Casting Refractories Plant set up in technical collaboration with Krosaki Harima Corporation, Japan (then known as Harima Ceramics Corporation) started production in 1993 manufacturing Isostatically Pressed Continuous Casting Refractories and Magnesia Carbon Tap Hole Sleeves.

IFGL operates the Quality Management System which complies with the requirements of BS EN ISO 9001:2008 and ISO 14001:2004.

IFGL acquired Monocon Group in September, 2005, with production facilities for

• Tundish Spraying Mass
• Refractory Darts
• Monolithic Lances
• Robotics for EAF, Ladle and Tundish lining maintenance.
• Monolithics for EAF, Ladle and Tundish

In December, 2006, Monocon Group acquired Goricon Metallurgical Services Ltd, Wales (UK) and Goricon LLC, Ohio (USA) engaged in manufacture of Darts, Lances, Ladle Powders etc used by the Steel Industry.

In July, 2008 Hoffman Group was acquired with manufacturing facilities for

• Foundry Ceramics - Casting Filters, Feeders, SiC Chill Plates, Pouring System and Monoblock Stopper
• High Grade fire proof refractory shapes
• Drawing tools and Tread Guides

In September, 2010 IFGL acquired EI Ceramics LLC and CUSC International Limited (CUSC), both Cincinnati, Ohio based companies engaged in manufacture of Isostatically Pressed Continuous Casting Refractories.

IFGL merged with its subsidiary, IFGL Exports Limited, also engaged in manufacture of Continuous Casting Refractories at new area of Kandla Special Economic Zone, in the state of Gujarat (India), on and from April 1, 2016 following an Order passed on August 3, 2017 by the Hon'ble National Company Law Tribunal, Kolkata Bench. Subsequently on and from October 25, 2017 name of said IFGL Exports Limited has changed to IFGL Refractories Limited.

IFGL now have manufacturing facilities in China, Germany, India, UK and USA.

IFGL, an Indian Multinational Company from S K Bajoria Group, is listed both on BSE and NSE in India

Business area of the company:

The company is engaged in manufacture of Iso-statically pressed Continuous Casting Refractories for use by producers of Iron and Steel.

Product:

  • Isostatic Refractories
  • Slide Gate Refractories
  • Tube Changer System & Refractories
  • Purging System & Refractories
  • Cast Products & Monolithic
  • Zircon & Zirconia Nozzles
  • Engineering Division
  • Foundry Ceramics
  • Wire Guides
  • Heating Oven

Awards:

• IRMA Award for Overall Excellence in Export Performance for Financial Year 2016-17
• CAPEXIL Special Export Award 2014-2015 
• CAPEXIL Special Export Award 2013-2014
• Certificate of Merit by Directorate of Export Promotion and Marketing, MSME Department Government-of Odisha for the Year 2011-2012 
• Certificate of Merit by Directorate of Export Promotion and Marketing, MSME Department, Goverrnment of Odisha for the Year 2013-2014 
• IRMA Award for achieving Highest in Export Performance for Financial Year 2015-16
• Certificate of Recognition – Two Star Export House valid from March 4, 2016 to March 3, 2021 
• CAPEXIL Special Export Award 2012-2013 
• IRMA Award for Overall Excellence in Export Performance for FY 2013-14
• Certificate of Recognition - Star Export House valid from April 1, 2014 to March 31, 2019 
• CAPEXIL Special Export Award 2011-2012 
• Certificate of Recognition Rashtriya Ispat Nigam Limited
• CAPEXIL Special Export Award 2010-2011 
• RMA Award for Exports for FY 2010-11
• IRMA Award for Financial Year 2010-11 for Overall Excellence in Export Performance 
• CAPEXIL Special Export Award 2009-2010
• RMA Award for Financial Year 2009-10 for Overall Excellence in Export Performance
• Certificate of Recognition - Star Export House valid from April 1, 2009 to March 31, 2014  
• CAPEXIL Special Export Award 2008-2009 IRMA Award for Financial Year 2008-09 for Overall Excellence in Export Performance
• CAPEXIL Special Export Award 2007-08  
• IRMA Award for Financial Year 2007-08 for Overall Excellence in Export Performance
• IRMA Award for Sustained Improvement in Export for the years 2005-06, 2006-07 and 2007-08 
• Award given by Hon'ble Mr. Kamal Nath, Union Minister for Commerce & Industry, Govt. of India on October 1, 2007 
• CAPEXIL Special Export Award 2006-07 
• Certificate of Recognition - Star Export House valid from 1st April, 2007 to March 31, 2009 
• IRMA Award for Financial Year 2006-07 for Highest Refractories Export Performance 
• CAPEXIL Special Export Award 2005-06
• IRMA Award for Financial Year 2005-06 for Excellence in Export Performance
• Award given by P. Chidambaram, Union Finance Minister, Govt. of India on  October 8, 2005  
• CAPEXIL Special Export Award 2004-05 
• CAPEXIL Special Export Award 2003-04 
• Certificate of Recognition - One Star Export House valid from 1st April, 2004 to  March 31, 2007  
• CAPEXIL Special Export Award 2002-03
• Certificate of Recognition - Export House valid from 1st April, 2003 to  March 31, 2007

Brands Of IFGL Refractories

Brands Of IFGL Refractories

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