IFGL Refractories Ltd makes Special Refractories for the Steel Industry, manufacture of foundry ceramics and bio ceramics.
IFGL Kandla Plant capacity of ISO products 240,000 pcs p.a.
IFGL Kalunga Plant capacity of Continuous casting products 360,000 pcs p.a.
IFGL Kalunga Plant capacity of Slide gate 300,000 pcs p.a.
What is refractory mineral?
A refractory mineral is a mineral that is resistant to decomposition by heat, pressure, or chemical attack. It most commonly refers to a mineral which retains its strength and form at high temperatures.
The oxides of aluminium (alumina), silicon (silica) and magnesium (magnesia) are the most important materials used in the manufacturing of refractories. Another oxide usually found in refractories is the oxide of calcium (lime). Fire clays are also widely used in the manufacture of refractories. Zirconia is used when the material must withstand extremely high temperatures.
Consumption
Steel making requires maximum amount of refractories (10-15kg/tonne) with replacement requirement ranging from 20 minutes to 2 months.
Products

Isostatic Refractories
Slide Gate Refractories & Systems
Tube Changer Refractories & System
Purging System & Refractories
Cast Products & Zirconia Nozzles
Foundry Ceramics
Subsidiaries
• EI Ceramics LLC, US
• IFGL Exports Limited, India S.K.BAJORIA GROUP
• Hofmann Ceramic GmbH, Germany
• Monocon International Refractories Limited, UK
• Mono Ceramics Inc, US
• Tianjin Monocon Refractories Company Limited, PRC
• Tianjin Monocon Aluminous Refractories Co Ltd, PRC
Steel production outlook
Particulars |
FY17 |
FY18 |
FY19E |
FY20E |
Installed Capacity (MT) |
128 |
131 |
138 |
146
|
Capacity Utilisation (%) |
79% |
82% |
82% |
82%
|
Steel Production (MT) |
101 |
107 |
113 |
119
|
Production Growth (%) |
10.7% |
6% |
6% |
5%
|
Steel consumption (MT) |
84 |
89 |
95 |
101
|
Consumption Growth (%) |
2.6% |
6% |
7% |
6%
|
IFGL Clients

Financial
INR Crs. |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
Total Income |
839.7 |
769.5 |
722.1 |
793.5 |
781.0
|
EBITDA |
110.3 |
103.1 |
81.2 |
98.9 |
113.0
|
EBITDA % |
13.1% |
13.4% |
11.2% |
12.5% |
14.5%
|
PAT |
47.1 |
50.0 |
41.9 |
53.1 |
64.0
|
EPS |
13.07 |
13.86 |
12.12 |
15.12 |
18.25
|
Cash PAT |
99.8 |
83.6 |
|
|
|
by Abhijit Pednekar,
created on July 8th, 2018,
last updated on February 15th, 2019