₹12.21
-0.33% today
· 30d +0.0%
as of 2026-09-04
Price · Daily Candles
“Nilachal Refractories sees strong profit surge but FIIs reduce stake amidst stock decline.”
Nilachal Refractories reported robust Q2 2026 performance with net profit surging 47.07% YoY to ₹9.0 Cr and revenue increasing by 14.29% YoY to ₹47.0 Cr. Annually, revenue was up 36.25% to ₹185.0 Cr and net profit soared 95.97% to ₹29.0 Cr in FY26. Despite this strong growth, the stock has declined 14.34% over the last six months and FIIs decreased their stake by 0.04% QoQ.
BULL CASE
+Q2 2026 net profit witnessed a substantial 47.07% YoY increase, reaching ₹9.0 Cr.
+Annual revenue for FY26 grew by 36.25% to ₹185.0 Cr, accompanied by a 95.97% surge in net profit to ₹29.0 Cr.
+The company boasts a high ROCE of 31.0%, outperforming sector peers like DLF (6.84%) and Oberoi Realty (17.36%).
+Operating profit for Q2 2026 increased by 46.55% YoY to ₹21.0 Cr, with an OPM of 42.64%.
BEAR CASE
−The stock has declined 14.34% over the last six months and is trading 40.16% below its 52-week high of ₹20.47.
−FIIs reduced their shareholding by 0.04% QoQ in Q2 2026, dropping their stake to 0.0%.
−Machine learning predictions for 1-year FCF growth are weak, with a rank of 0.294 for recent 2-year trends and 0.196 for stable 7-year trends.
−The company has a negative FCF yield of -6.67%, indicating negative free cash flow of -₹32.0 Cr.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹47 Cr
+14.29% YoY
NET PROFIT
₹9 Cr
+47.07% YoY
OPM
42.64%
+9.08pp YoY
EPS
₹0.21
PE 16.81
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-6.7% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
With a TTM P/E of 16.81 and ROCE of 31.0%, Nilachal Refractories trades at a significantly lower valuation than peers like DLF (P/E 36.22, ROCE 6.84%) while demonstrating superior capital efficiency.
PEERPEROCE %
NILASPACES16.8131.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
70
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
NEUTRAL
40
Valuation
CHEAP
75
Growth
STRONG
79
Profitability
HIGH
100
Technicals
NEUTRAL
55
Risk
LOW
70
Key Stats
TTM PE
16.81
P/B
2.75
52W HIGH
₹20.47
OFF HIGH
-40.35%
MKT CAP
₹479 Cr
◉ Active Signals
MACDNeutral-0.0604
RSI(14)Neutral43.77
Near 52W LowBearish7.58
⧉ Strategy Fit 🔒