IFGLREFRACTORIES / guidance tracker

Keep management guidance in view.

IFGL Refractories · forward-looking guidance across the available source record.

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Guidance tracker

What management said would happen.

Employee cost to stabilize at ~10% of standalone revenue

Management expects employee cost as a percentage of revenue to normalize to around 10% in coming quarters, down from elevated levels in Q3.

margins

Standalone EBITDA margin to remain double-digit (minimum 12%)

Management reiterated that standalone EBITDA margin will not fall below double digits, with a minimum of 12%.

margins

Kudla greenfield project capex of ~₹325 Cr, completion by FY28

The greenfield project at Kudla is progressing as planned with a total capex of approximately ₹325 crore, targeted for completion by end of FY28.

capex

UK subsidiary (Monocon) to reach breakeven over next financial year

Management expects the UK operations to move towards breakeven over the next financial year, assuming stable macro conditions.

growth