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SP Refractories IPO is a Fixed Price listing on NSE EMERGE exchange. The company is based in Nagpur and caters to Cement sector. Aryaman Financial Services is the merchant banker of SP Refractories IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th January 2022.
SP Refractories IPO posted revenues of ₹ 28.96 crores and PAT of ₹ 1.62 crores in FY22 on annualised basis.
Revenue:
₹ 28.94 Cr.
EBITDA Margin:
9.26
% 
Net Worth: ₹ 5.48 Cr.
Market Capitalisation:
₹ 16.11 Cr.
P/E:
9.94 times
P/BV: 1.55 times
EV/EBITDA: 7.48 times
Financial results of SP Refractories IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-21 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 12.32 | 10.57 | 8.98 | 7.92 | |
| Net Worth | 5.48 | 4.67 | 3.92 | 3.52 | |
| Total Debt | 3.95 | 3.79 | 4.13 | 3.75 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
14.47
28.94 |
25.70 | 20.97 | 18.53 | |
EBITDA
EBITDA on annualised basis |
1.34
2.68 |
1.49 | 1.22 | 0.90 | |
PAT
PAT on annualised basis |
0.81
1.62 |
0.75 | 0.40 | 0.21 | |
SP Refractories IPO PAT Margin is 5.60 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows SP Refractories IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-21 | FY21 | FY20 | FY19 |
|---|---|---|---|---|
| EBITDA Margin (%) | 9.26 | 5.80 | 5.82 | 4.86 |
| PAT Margin (%) | 5.60 | 2.92 | 1.91 | 1.13 |
| EPS (₹) | 5.41 | 5.05 | 2.68 | 1.38 |
| ROE (%) | 14.78 | 16.06 | 10.20 | 5.97 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 6.57 | 7.10 | 4.45 | 2.65 |
| Debt to Equity | 0.72 | 0.81 | 1.05 | 1.07 |
The market Capitalisation of SP Refractories IPO is ₹ 16.11 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The SP Refractories IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows SP Refractories IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of SP Refractories IPO is ₹ 16.11 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The SP Refractories IPO has a Price-to-Earnings (PE) ratio of 9.94 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
SP Refractories IPO reported revenue of ₹ 28.96 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from SP Refractories IPO provide insights into sales growth, market demand, and business scalability.
SP Refractories recorded an EBITDA of ₹ 2.68 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
SP Refractories Profit After Tax (PAT) is ₹ 1.62 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 28.94 Cr.
EBITDA Margin:
9.26
%
Net Worth: ₹ 5.48 Cr.
Market Capitalisation:
₹ 16.11 Cr.
P/E:
9.94 times
P/BV: 1.55 times
EV/EBITDA: 7.48 times
SP Refractories operates in Cement and Manufacturing And Supplying Refractory Material. The Issue is listed on NSE EMERGE in Mar, 2022. SP Refractories IPO size was 4.92 with Issue price of 90.00 .
Merchant Banker(s) of SP Refractories IPO: Aryaman Financial Services Limited
SP Refractories IPO subscription was 7.24 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
SP Refractories IPO listed at a listing price of 90.10 against the offer price of 90.00.
The current market price of SP Refractories is 110.00.
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