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SP Refractories SPRL.NS · INR

Materials · NSE · 🇮🇳 India

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133.25

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Close of 4 Nov 2026, in INR

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About SP Refractories

Its shares trade on NSE under the ticker SPRL.NS. It has been listed since 22 March 2022. In the fiscal year to 31 March 2025, it reported revenue of ₹302.5m and net income of ₹20.9m. At that date it held total assets of ₹188.8m and shareholders' equity of ₹125.9m.

SP Refractories Ltd. engages in the manufacture and distribution of refractory materials. The company is headquartered in Nagpur, Maharashtra. The company went IPO on 2022-03-22. Its core focus is on refractory cement, which is a niche and high margin cement used in iron and steel and construction industries because of its thermal conductivity, maximum strength and heat resistance. The firm offers a range of refractory cement and castables, including high alumina refractory cement, high purity high alumina dense castables, low cement castables. The company has a production capacity of 7000 MT per annum.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Construction Materials
Listed since
22 Mar 2022
Website
sprefractories.com ↗

Leadership

Pay as last reported

  • Ms. Shweta KaleChief Financial Officer, Executive Director, since 2007₹1.2m
  • Mr. Pawan KumarCompliance Officer, Company Secretary
  • Mrs. Namita KaleWhole Time Director, since 2007₹1.9m
  • Ms. Prajakta KaleNon-Executive Director₹636,000
  • Mr. Manish PandeNon-Executive Independent Director
  • Mr. Kushal SabadraNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • SP Refractories Ltd. produces 7000 MT of refractory cement annually with high thermal conductivity and heat resistance.
  • The company's high alumina refractory cement and dense castables are used in iron and steel industries for maximum strength.
  • SP Refractories Ltd. has a strong focus on niche high-margin products like refractory cement in the construction sector.

Weaknesses

  • The company's production capacity is limited to 7000 MT per annum, restricting scalability.
  • SP Refractories Ltd. relies solely on refractory cement and castables without diversifying product lines.
  • The firm's headquarters in Nagpur, Maharashtra, may limit access to broader market opportunities.

Opportunities

  • The growing demand for refractory cement in the iron and steel industry presents expansion potential.
  • Increasing construction activities in India offer opportunities for SP Refractories Ltd. to grow its market share.
  • High purity high alumina dense castables can be leveraged in emerging infrastructure projects.

Threats

  • Competition from established refractory material manufacturers in the Indian market.
  • Economic downturns affecting the iron and steel and construction sectors could reduce demand.
  • Fluctuations in raw material costs may impact the company's profit margins significantly.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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