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TRL Krosaki Refractories Limited Unlisted Shares
TRL Krosaki Refractories Limited Unlisted Shares
Manufacturing and Industrial
*The above chart is presented for indicative purposes only and may not be accurate. The figures represented above are taken on an average basis, and may or may not match with the prevailing situation. Users are requested to not completely rely on the above chart and to consult an independent financial adviser and to take their investment decisions.
Overview
TRL Krosaki Refractories Ltd
1. History & Ownership
- Established in 1958 as Belpahar Refractories Ltd.
- Later became Tata Refractories Ltd under the Tata Group.
- In 2011, Krosaki Harima Corporation (Japan) acquired a controlling stake and it became TRL Krosaki.
2. Operations & Manufacturing
- One of India’s largest refractory manufacturers with a combined capacity of around 400,000 MT per year.
- Main manufacturing complex located in Belpahar, Odisha.
- Additional plants in Jharkhand, Tamil Nadu, Gujarat, and Madhya Pradesh.
3. Product Portfolio
Produces a wide range of refractory materials used in high-temperature industries, including:
- Basic refractories (magnesia, dolomite)
- High-alumina and fireclay bricks
- Silica refractories
- Monolithic refractories (castables, ramming mass, gunning materials)
- Flow-control products, alumina-graphite materials, tap-hole clay
- Dolomite refractories and RH snorkels
4. Engineering & Service Capabilities
- Offers Refractory Engineering Services (RES) including design, installation, drying, commissioning, and maintenance.
- Provides Total Refractories Management (TRM) for steel plants and other high-temperature industries.
5. Technology & R&D
- Strong R&D support from parent Krosaki Harima (Japan).
- Operates a modern, NABL-certified central lab for testing and innovation.
- Focus on IoT integration, automation, and digital monitoring for refractory performance.
6. Industries Served
Major customers include:
- Steel plants (largest segment)
- Cement
- Glass
- Aluminium
- Copper
- Power
Provides refractory solutions for blast furnaces, converters, ladles, tundishes, kilns, boilers, and more.
7. Sustainability & ESG
- Uses an Integrated Management System for quality, environment, safety, and social accountability.
- Initiatives include reduced emissions, cleaner technologies, digital process controls, and CSR activities.
8. Strategic Strengths
- One of India's most diversified refractory manufacturers.
- Strong global technology backing from a Japanese parent company.
- Deep customer relationships, especially in the steel sector.
- Offers both products and on-site maintenance services, creating long-term contracts.
- Recognized for consistent product quality and wide product range.
Board Members
| H. M. Nerurkar | Chairman |
| Prasanta Kumar Naik | MD |
| Raghupathy Rao Ranganath | Independent Director |
| Sudhansu Pathak | Independent Director |
| Hisatake Okumura | Director |
| Sachihiko Asaya | Director |
| Chaitanya Bhanu | Director |
| Alok Verma | Director |
| Takashi Matsunaga | Director |
| Ai Iwasaki | Woman Director |
| Sunanda Sengupta | Executive Director |
Consolidated Results
| INR in Cr | FY22 | FY23 | FY24 | FY25 |
| Operating Revenue | 1923 | 2295 | 2503 | 2600 |
| EBITDA | 182 | 264 | 318 | 337 |
| EBIT | 148 | 225 | 274 | 289 |
| EBT | 137 | 210 | 311 | 433 |
| PAT | 103 | 158 | 243 | 343 |
| EPS (INR) | 49.64 | 75.73 | 116.27 | 164.11 |
Reports
Company Details
News
FAQs
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If you Liquidate the TRL Krosaki Refractories Limited unlisted shares within 2 years of its acquisition, then you will be required to pay tax on the short-term capital gain (STCG) as per the individual tax slab rate. Liquidating the shares after 2 years will attract a long-term capital gain (LTCG) which will be taxed at the rate of 12.5% without indexation benefits.
Investors should consult with an independent third-party taxation advisor prior to making investment decisions.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]