Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1109 Cr.
Stock P/E
59.2
P/B
—
Current Price
₹1980
Book Value
₹ 0
Face Value
5
52W High
₹2115
52W Low
₹ 1155
Dividend Yield
0.63%

Foseco Crucible (I) Overview

Business

Foseco Crucible (India) Ltd. is engaged in the manufacturing and supply of specialized refractory products, primarily crucibles and other high-temperature ceramic solutions. These products are crucial consumables used in industrial processes that involve melting, holding, and pouring molten metals, such as in foundries (ferrous and non-ferrous), steel plants, and other metal processing industries. The company's core business model revolves around developing, producing, and selling these engineered refractory materials to industrial customers, generating revenue through direct sales and established distribution channels.

Revenue Mix

Specific revenue segments are not available from the provided information. However, based on its name and industry, the company's primary product focus is likely on:

Crucibles: For melting and holding various metals (e.g., iron, steel, aluminum, copper alloys).

Refractory Consumables: Other specialized refractory shapes, linings, and materials used in foundry and metal treatment processes.

Given the "Crucible" in its name, this is expected to be the dominant product line.

Industry

The refractories industry is a critical enabling sector for heavy industries globally, including steel, cement, glass, non-ferrous metals, and petrochemicals. It is a B2B industry characterized by specialized product requirements and long-term customer relationships. Foseco Crucible (India) benefits from the global brand recognition of "Foseco," a well-established name in foundry consumables and refractory solutions. Within India, it likely positions itself as a supplier of high-quality, technically advanced crucibles and related products, serving the domestic foundry and metal casting sectors. Its positioning benefits from a legacy of technical expertise and product reliability associated with the Foseco brand.

MOAT

Brand & Reputation: The "Foseco" brand is globally recognized in the foundry consumables sector, implying a reputation for quality, technical expertise, and reliability, which builds trust with industrial customers.

Technological Know-how & Specialization: Manufacturing high-performance refractories, especially crucibles, requires specialized material science, engineering expertise, and proprietary manufacturing processes. This creates a barrier to entry for new competitors.

Customer Relationships & Switching Costs: For critical high-temperature applications, industrial customers tend to be sticky. Switching refractory suppliers can involve risks to production quality, efficiency, and safety, leading to moderate switching costs due to the need for re-qualification and performance assurance.

Product Performance: Superior product durability, thermal efficiency, and consistent performance offer tangible benefits to customers, leading to repeat business.

Growth Drivers

Industrial Growth in India: India's ongoing infrastructure development and growth in key end-user industries such as steel, automotive, and other metal-intensive manufacturing sectors will directly drive demand for refractories.

Foundry Modernization: As Indian foundries upgrade technology and seek more efficient and high-performance solutions, demand for advanced crucibles is expected to rise.

Technological Advancements: Introduction of new products with improved performance, energy efficiency, and longer service life can capture market share and drive revenue.

Export Opportunities: Potential to expand into neighboring or emerging markets seeking quality refractory solutions.

Risks

Cyclicality of End-User Industries: The company's performance is heavily dependent on the cyclical nature of the steel, automotive, and other metal processing industries. Economic downturns in these sectors can significantly impact demand.

Raw Material Price Volatility: Prices and availability of key raw materials (e.g., graphite, silicon carbide, specialized clays, alumina) are subject to global commodity fluctuations, impacting production costs and profitability.

Competition: Presence of both domestic and international players, leading to potential pricing pressure and margin erosion.

Technological Disruption: Failure to keep pace with evolving customer needs or new refractory technologies could lead to obsolescence.

Energy Costs: Manufacturing refractories is an energy-intensive process, making the company susceptible to fluctuations in energy prices.

Management & Ownership

Foseco Crucible (India) Ltd. is part of the global Foseco group, which is ultimately owned by Vesuvius PLC, a global leader in refractories. This structure typically implies professional management with experience in the global refractories industry, adherence to international corporate governance standards, and access to global R&D and best practices. The ownership structure suggests a well-established parent company providing strategic direction and resources. Specific Indian promoters, if any, would operate within this broader corporate framework.

Outlook

Foseco Crucible (India) operates in an essential industrial niche, benefiting from India's robust industrial growth and infrastructure push. Its strong brand reputation, specialized product portfolio, and technical expertise provide a solid foundation for continued operation and potential growth, especially as the domestic manufacturing sector expands and modernizes. However, the company is exposed to the inherent cyclicality of its end-user industries and faces risks from raw material price volatility and competitive pressures. Maintaining its technological edge and customer relationships will be crucial for navigating these challenges and capitalizing on market opportunities.

Foseco Crucible (I) Share Price

Live · BSE · Inception: 1986
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Foseco Crucible (I) Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Foseco Crucible (I) Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 TTM
Net Sales 83 99 100 101 110 110 111
Other Income 2 1 1 2 1 3 2
Total Income 84 101 101 103 111 113 114
Total Expenditure 67 78 78 83 91 86 83
Operating Profit 17 23 23 20 20 27 31
Interest 1 1 0 0 0 0 0
Depreciation 4 4 5 6 9 8 5
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 12 18 18 14 11 18 26
Provision for Tax 6 7 7 6 5 8 10
Profit After Tax 7 12 11 9 6 10 16
Adjustments -1 -1 -1 -0 -0 -0 -2
Profit After Adjustments 6 10 10 8 6 10 15
Adjusted Earnings Per Share 10.2 18.3 17.2 15.1 10.3 17.8 25.9

Foseco Crucible (I) Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Shareholder's Funds 32 42 51 59 65 73 88
Minority's Interest 3 5 6 6 6 7 8
Borrowings 4 0 0 0 0 0 0
Other Non-Current Liabilities 8 9 2 2 1 -0 -1
Total Current Liabilities 37 45 32 31 20 23 21
Total Liabilities 85 100 91 99 92 103 117
Fixed Assets 32 30 29 31 26 24 25
Other Non-Current Assets 10 15 8 9 11 7 7
Total Current Assets 43 55 54 60 55 72 85
Total Assets 85 100 91 99 92 103 117

Foseco Crucible (I) Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Opening Cash & Cash Equivalents 4 8 5 9 12 14 16
Cash Flow from Operating Activities 16 8 15 7 3 19 25
Cash Flow from Investing Activities -7 -4 -5 -4 -0 -16 -8
Cash Flow from Financing Activities -6 -7 -5 -0 -0 -0 -1
Net Cash Inflow / Outflow 4 -3 4 2 2 3 16
Closing Cash & Cash Equivalent 8 5 9 12 14 16 32

Foseco Crucible (I) Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Earnings Per Share (Rs) 10.21 18.27 17.18 15.08 10.29 17.84 25.93
CEPS(Rs) 19.18 27.89 27.88 25.58 26.3 33.4 37.69
DPS(Rs) 0 0.5 0.5 0.5 0.5 2 4
Book NAV/Share(Rs) 57.05 74.74 91.34 105.84 115.24 130.67 156.6
Core EBITDA Margin(%) 17.34 20.75 20.34 17.02 16.86 20.84 24.21
EBIT Margin(%) 14.75 18.03 17.19 13.93 9.78 16.06 22.09
Pre Tax Margin(%) 13.77 17.52 17.05 13.47 9.65 15.95 21.98
PAT Margin (%) 7.54 11.18 10.22 8.24 5.01 9.03 13.81
Cash Profit Margin (%) 12.05 15.05 14.61 13.52 12.78 16.25 18.03
ROA(%) 8.18 12.58 11.41 9.16 6.05 10.69 14.74
ROE(%) 23.1 31.43 23.48 15.82 9.33 15.1 20.1
ROCE(%) 31.41 41.96 37.52 26.73 18.2 26.85 32.15
Receivable days 48.59 51.4 58.57 58.04 51.56 53.13 56.33
Inventory Days 64.84 57.71 61.57 63.01 55.84 53.5 50.74
Payable days 250.81 210.34 228.46 245.77 197.48 143.49 138.51
PER(x) 11.02 9.34 8.9 9.07 26.64 11.42 17.09
Price/Book(x) 1.97 2.28 1.68 1.29 2.38 1.56 2.83
Dividend Yield(%) 0 0.29 0.33 0.37 0.18 0.98 0.9
EV/Net Sales(x) 0.76 0.93 0.71 0.58 1.26 0.78 1.82
EV/Core EBITDA(x) 3.67 4.08 3.1 2.89 6.84 3.19 6.57
Net Sales Growth(%) 25.72 20.48 0.56 0.95 8.98 -0.18 1.38
EBIT Growth(%) 2.94 42.32 -1.81 -19.67 -23.66 64.1 39.86
PAT Growth(%) -14.6 72.58 -5.85 -20.03 -33.87 80.08 55.49
EPS Growth(%) -20.96 78.97 -5.94 -12.25 -31.79 73.38 45.41
Debt/Equity(x) 0.33 0.12 0 0 0 0 0
Current Ratio(x) 1.17 1.24 1.67 1.92 2.71 3.14 4.01
Quick Ratio(x) 0.76 0.84 1.11 1.33 1.87 2.41 3.27
Interest Cover(x) 15.11 35.42 117.01 29.96 73.69 149.33 206.48
Total Debt/Mcap(x) 0.17 0.05 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +1% +3% +2% —
Operating Profit CAGR +15% +16% +6% —
PAT CAGR +60% +21% +6% —
Share Price CAGR +23% +13% +15% +19%
ROE Average +20% +15% +17% +20%
ROCE Average +32% +26% +28% +31%

Foseco Crucible (I) Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 75 %
FII 0.16 %
DII (MF + Insurance) 0.02 %
Public (retail) 24.82 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 757575757575757576.7775
FII 00.130.180.180.180.180.180.160.160.16
DII 0.020.550.620.931.021.131.131.190.240.02
Public 24.9824.3324.223.8923.823.6923.6923.6522.8324.82
Others 0000000000
Total 100100100100100100100100100100

Foseco Crucible (I) Peer Comparison

Refractories Edit Columns

Foseco Crucible (I) Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Foseco Crucible (I) Pros & Cons

Pros

  • Debtor days have improved from 143.49 to 138.51days.
  • Company is almost debt free.

Cons

  • The company has delivered a poor profit growth of 5% over past five years.
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