BSE · 502271
Raasi Refractories Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹37 Cr with net profit ₹0 Cr — a 0.24% net margin, versus 0.73% the period before.
Shareholding
As of 2026-06-30
- Promoter50.74%
- Public49.22%
- DII0.04%
5,618 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 2.08× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Refractories / Intermediates · ranked #11 of 12 by market cap · medians across 10 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Vesuvius India Ltd. | ₹8,353 Cr | 32.61 | 4.78 | 14.65% | 12.03% |
| Raghav Productivity Enhancers Ltd. | ₹8,138 Cr | 129.83 | 33.28 | 22.41% | 21.95% |
| RHI Magnesita India Ltd. | ₹7,713 Cr | 41.18 | 2.17 | 3.09% | -8.68% |
| Monolithisch India Ltd. | ₹3,154 Cr | 109.6 | 24.13 | 17.62% | 18.73% |
| IFGL Refractories Limited | ₹1,489 Cr | 34.77 | 1.27 | 3.15% | 2.1% |
| Foseco Crucible India Limited | ₹1,112 Cr | 28.24 | 7.93 | 21.01% | 13.05% |
| Orient Ceratech Limited | ₹545 Cr | 16.17 | 1.81 | 8.84% | 6.46% |
| Nilachal Refractories Ltd. | ₹76 Cr | — | — | 4.02% | -566.67% |
| Refractory Shapes Limited | ₹54 Cr | 12 | 1.1 | 9.15% | 7.95% |
| Associated Ceramics Ltd. | ₹34 Cr | 19.57 | 1.35 | 8.07% | 4.33% |
| Raasi Refractories Ltd.(this company) | ₹9 Cr | 32.64 | 0 | -91.8% | 52.67% |
AI analysis
AI-generated · google/gemini-2.5-flashRaasi Refractories Ltd. is listed on the Indian markets with a market capitalization of Rs 8 Cr. The company operates with a Price-to-Earnings (PE) ratio of 65.42 and reports an EPS of Rs 0.26. The book value stands at Rs -27.86, and the Return on Capital Employed (ROCE) is 9.11%.
Positives
- +The company has a low debt-to-equity ratio of 0, indicating no reported debt.
- +The promoter holding is 50.74% as of June 30, 2026.
Negatives
- −Promoter pledge stands at 99.82% of promoter holdings as of June 30, 2026.
- −The Return on Equity (ROE) is significantly negative at -91.8%.
- −The company's annual revenue has consistently declined from Rs 62.95 Cr in Mar 2022 to Rs 36.73 Cr in Mar 2025.
- −The annual net profit has fallen from Rs 1.15 Cr in Mar 2022 to Rs 0.09 Cr in Mar 2025.
- −The company has a negative book value of Rs -27.86.
- −The company is under GSM 1 surveillance.
Financial Performance
Raasi Refractories Ltd.'s annual revenue has shown a declining trend over the last few years, falling from Rs 62.95 Cr in Mar 2022 to Rs 36.73 Cr in Mar 2025. Annual net profit also decreased from Rs 1.15 Cr in Mar 2022 to Rs 0.09 Cr in Mar 2025. Quarterly revenue has fluctuated, with Rs 10.54 Cr reported in Mar 2026, down from Rs 18.31 Cr in Dec 2025.
Profitability & Returns
The company reported a profit margin of 32.6% based on the latest available data. However, the Return on Equity (ROE) stands at -91.8%, indicating a negative return on shareholder funds. The Return on Capital Employed (ROCE) is 9.11%. The annual EPS has also declined, from Rs 2.44 in Mar 2022 to Rs 0.19 in Mar 2025.
Balance Sheet
Raasi Refractories Ltd. maintains a debt-to-equity ratio of 0, indicating no debt reported. The book value per share is negative at Rs -27.86. No further balance sheet details are available to provide a comprehensive assessment of the company's financial position.
Ownership & Pledges
A significant portion of promoter shares, 99.82%, are pledged. Specific pledges include 1,288,900 shares by Laxmaiah Konda (99.66% of his holding) and 1,098,320 shares by Ramlaxman Parboiled Rice Private Limited (100% of its holding) as of June 30, 2026.
Regulatory & Surveillance
The company is currently under GSM (Graded Surveillance Measure) Stage 1 surveillance. This indicates that the exchange has implemented enhanced monitoring for the stock due to certain parameters being met, which could include factors related to price, volume, or other trading behavior.
Data as of — price: 2026-09-11 · financials: Mar 25 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.