TRL Krosaki Refractories Limited Unlisted Shares|Latest Share Price & Updates
Company Overview
TRL Krosaki Refractories Ltd (formerly Belapahar Refractories Ltd) is a company incorporated in 1958. The company set up its plant at Belpahar in 1959 to meet refractories requirements of the steel, aluminum and copper industries of the country.Â
The company manufactures a wide range of products like basic, dolomite, high alumina, monolithic silica, taphole clay and RH snorkel refractories. The company also provides technical services to its customers in the field of refractories management service, refractories engineering services and technical support services.Â
Krosaki Harima Corporation, Japan, which is the largest refractory company of the world owns 77.62% stake in the company. The company has two associate companies TRL Krosaki Asia Pte Ltd, Singapore and Almora Magnesite Ltd, Almora.Â
As on 31th March, 2022, the total income of TRL Krosaki was Rs. 1923 crores with net profit of Rs 103 crores. As on 31-March-2022, the total shares outstanding were 2,09,00,000 of face value of Rs 10 each. The company declared a dividend of Rs 15 per share during FY 2022.Â
The registered office of the company is located at: Belpahar- 768218, Dist: Jharsuguda (Odisha).
| Symbol | TRL Krosaki Refractories Limited |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE012L01014 |
| Demat Status: | NSDL |
| Lot Size: | 20 |
Board of Directors:
| Name | Designation |
|---|---|
| Mr. P. B. Panda | Managing Director |
| Mr. H. M. Nerurkar, | Chairman |
| Mr. Sachihiko Asaya | Director |
| Mr. Hisatake Okumara | Director |
| Mr. P. V. Bhide Independent | Director |
Key Business Highlights
- TRL Krosaki Refractories Ltd is India’s one of the largest manufacturer of refractories like dolomite, silica, basic, high alumina, RH Snorkel.Â
- Backed by World largest refractory company, Krosaki Harima Corporation (KHC).Â
- Well-diversified and profitable company.Â
- Dividend paying company.Â
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | 8% | 4% |
| Net Profit Margin | 5% | 3% |
| Return on Equity | 17% | 7% |
| Debt-Equity | 0.51 | 0.41 |
| Current Ratio | 1.37 | 1.43 |
| Dividend Payout | 30% | 37% |
Note:-Â Dividend payout = Total Dividend/Net Income.
It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 1924 | 1428 | 1654 | 1594 | 1192 |
| PAT (₹ Crores) | 104 | 36 | 105 | 88 | 55 |
| Diluted EPS | 49.64 | 17.09 | 50.42 | 41.91 | 26.48 |
| Book Value per Share (₹) | 289.16 | 246.44 | 245.08 | 210.48 | 177.85 |
| Equity (₹ Crores) | 604.34 | 515.06 | 512.21 | 439.90 | 371.70 |
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| TRL Krosaki Refractories Ltd | 3104 | 5% | 20% | 17% | 0.51 | 29.92 | 5.14 | 289.16 |
| Dalmia Bharat Ltd | 31365 | 10% | 7% | 7% | 0.20 | 24.18 | 1.76 | 851.84 |
Media Updates
Frequently Asked QuestionsÂ
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.Â
The procedure to buy the TRL Krosaki unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.Â
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.Â
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved. Â
The TRL Krosaki shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for TRL Krosaki Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in Â
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.Â
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.Â
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If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.Â
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act,1992 which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.Â
The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.Â
Yes, NRI’s can also buy and sell TRL Krosaki unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.Â
