Integrated Filing — IndAS

General information about company
Scrip Code	540774
NSE Symbol	IFGLEXPOR
MSEI Symbol	NOTLISTED
ISIN	INE133Y01011
Name of company	IFGL REFRACTORIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Geographical
Description of single segment
Start date and time of board meeting	24-May-2025   12:00:00
End date and time of board meeting	24-May-2025   17:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	4485300000	16530300000
	Other income	36800000	174100000
	Total income	4522100000	16704400000
2	Expenses
(a)	Cost of materials consumed	2060300000	7777200000
(b)	Purchases of stock-in-trade	124400000	671800000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	121700000	-178200000
(d)	Employee benefit expense	763500000	2811800000
(e)	Finance costs	41600000	137500000
(f)	Depreciation, depletion and amortisation expense	199600000	727400000
(f)	Other Expenses
1	Other Expense	1083100000	4161500000
	Total other expenses	1083100000	4161500000
	Total expenses	4394200000	16109000000
3	Total profit before exceptional items and tax	127900000	595400000
4	Exceptional items	0	0
5	Total profit before tax	127900000	595400000
6	Tax expense
7	Current tax	35800000	152700000
8	Deferred tax	7800000	12900000
9	Total tax expenses	43600000	165600000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	84300000	429800000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	84300000	429800000
17	Other comprehensive income net of taxes	74300000	172100000
18	Total Comprehensive Income for the period	158600000	601900000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	84300000	429800000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	158600000	601900000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	360400000	360400000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		10709600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.34	11.93
	Diluted earnings (loss) per share from continuing operations	2.34	11.93
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.34	11.93
	Diluted earnings (loss) per share from continuing and discontinued operations	2.34	11.93
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		As per Notes attached in our letter dated 24th May, 2025 relating to Outcome of Board Meeting

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	4040000000
	Capital work-in-progress	273300000
	Investment property	205100000
	Goodwill	1533000000
	Other intangible assets	153000000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	112800000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	37200000
	Total non-current financial assets	150000000
	Deferred tax assets (net)	0
	Other non-current assets	319400000
	Total non-current assets	6673800000
2	Current assets
	Inventories	4047100000
	Current financial asset
	Current investments	940000000
	Trade receivables, current	3593800000
	Cash and cash equivalents	605200000
	Bank balance other than cash and cash equivalents	35600000
	Loans, current	0
	Other current financial assets	22400000
	Total current financial assets	5197000000
	Current tax assets (net)	0
	Other current assets	267100000
	Total current assets	9511200000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	16185000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	360400000
	Other equity	10709600000
	Total equity attributable to owners of parent	11070000000
	Non controlling interest	0
	Total equity	11070000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	469400000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	95600000
	Total non-current financial liabilities	565000000
	Provisions, non-current	0
	Deferred tax liabilities (net)	385800000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	950800000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1554100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	123200000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2235200000
	Total Trade payable	2358400000
	Other current financial liabilities	143000000
	Total current financial liabilities	4055500000
	Other current liabilities	82300000
	Provisions, current	9700000
	Current tax liabilities (Net)	16700000
	Deferred government grants, Current	0
	Total current liabilities	4164200000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	5115000000
	Total equity and liabilites	16185000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	India	2664200000	9885000000
2	Asia (excluding India)	55000000	203900000
3	Europe	1041100000	3733100000
4	Americas	725000000	2708300000
	Total Segment Revenue	4485300000	16530300000
	Less: Inter segment revenue
	Revenue from operations	4485300000	16530300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	India	255900000	862800000
2	Asia (excluding India)	-3200000	-3200000
3	Europe	-106000000	-208000000
4	Americas	32600000	120500000
	Total Profit before tax	179300000	772100000
	i. Finance cost	41600000	41600000
	ii. Other Unallocable Expenditure net off Unallocable income	9800000	9800000
	Profit before tax	127900000	595400000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	India	9675100000	9675100000
2	Asia (excluding India)	259200000	259200000
3	Europe	2816300000	2816300000
4	Americas	2051100000	2051100000
	Total Segment Asset	14801700000	14801700000
	Un-allocable Assets	1383300000	1383300000
	Net Segment Asset	16185000000	16185000000
4	Segment Liabilities
	Segment Liabilities
1	India	3367600000	3367600000
2	Asia (excluding India)	48000000	48000000
3	Europe	1243500000	1243500000
4	Americas	455900000	455900000
	Total Segment Liabilities	5115000000	5115000000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	5115000000	5115000000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement gain/ (loss) on Defined Benefit Plans	-3500000	-5600000
	Total Amount of items that will not be reclassified to profit and loss	-3500000	-5600000
2	Income tax relating to items that will not be reclassified to profit or loss	-900000	-1400000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences in translating the financial statements of foreign operations	76900000	176300000
	Total Amount of items that will be reclassified to profit and loss	76900000	176300000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	74300000	172100000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			595400000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			137500000
	Adjustments for decrease (increase) in inventories			-971400000
	Adjustments for decrease (increase) in trade receivables, current			-292100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			545700000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			727400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			-25100000
	Adjustments for unrealised foreign exchange losses gains			-32600000
	Adjustments for dividend income			0
	Adjustments for interest income			24500000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-71700000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-39100000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-45900000
	Net cash flows from (used in) operations			549500000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			266700000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			282800000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			4300000
	Purchase of property, plant and equipment			729200000
	Proceeds from sales of investment property			284800000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			27500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			41000000
	Net cash flows from (used in) investing activities	-371600000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			560200000
	Repayments of borrowings			205800000
	Payments of lease liabilities			11600000
	Dividends paid			252300000
	Interest paid			128900000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-38400000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-127200000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			35900000
	Net increase (decrease) in cash and cash equivalents			-91300000
	Cash and cash equivalents cash flow statement at beginning of period			696500000
	Cash and cash equivalents cash flow statement at end of period			605200000