Here is a data-driven look at Orient Refractories (ORIENTREF), covering financial performance, valuation, and shareholding trends.
Orient Refractories Revenue Trend
Year-over-year, Orient Refractories's revenue fell 2.8% from ₹3,781 Cr to ₹3,674 Cr in FY2025.
Revenue has compounded at 23.3% per year over the past 10 years, from ₹451 Cr to ₹3,674 Cr. This is robust top-line growth by any measure.
A ₹3,674 Cr revenue base makes Orient Refractories a mid-sized name in the Indian cement and cement products sector.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,674 Cr | -2.8% |
| FY2024 | ₹3,781 Cr | +38.7% |
| FY2023 | ₹2,726 Cr | +36.6% |
| FY2022 | ₹1,995 Cr | +45.6% |
| FY2021 | ₹1,370 Cr | — |
View Orient Refractories's full 10-year revenue trend with CAGR analysis →
Orient Refractories Profitability
FY2025 diluted EPS of ₹9.81 was up from the ₹-4.88 reported in FY2024.
Is Orient Refractories Undervalued
Under the P/E Ratio approach, Orient Refractories's estimated fair value is ₹373 (15.6% upside).
Orient Refractories shares are currently trading at ₹322.40.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹373 | 15.6% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Orient Refractories with detailed assumptions →
Orient Refractories Balance Sheet
Proportional view as of 20 Jul 2021. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹51.76B (up 1.2% YoY from ₹51.16B).
Top categories: Intangibles & Goodwill (36.2%), Inventories (20.7%), Receivables (14.2%).
Of the ₹51.76B in liabilities and equity, 77.3% is shareholder equity, 7.3% is interest-bearing debt, and 15.4% is operating liabilities. Over the year, debt is down 22.0% and equity is up 4.0%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 967.48M |
| Receivables | 7.33B |
| Inventories | 10.74B |
| Property, Plant & Equipment | 7.03B |
| Investments | 97,000 |
| Intangibles & Goodwill | 18.73B |
| Other Assets | 6.96B |
| Category | Value |
|---|---|
| Equity | 39.99B |
| Short-term Debt | 396.01M |
| Long-term Debt | 3.40B |
| Trade Payables | 6.22B |
| Other Liabilities | 1.76B |
Orient Refractories at a Glance
Bringing the key threads together for Orient Refractories (ORIENTREF) as a cement and cement products investment opportunity.
Revenue of ₹3,674 Cr in FY2025, down 2.8% year-over-year.
Long-term revenue has been compounding at 23.3% annually over 10 years.
The company is profitable, with a net margin of 5.5% and net income of ₹203 Cr.
The P/E Ratio model implies 15.6% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Orient Refractories goes deeper: three valuation models, growth metrics, and 10 years of financial data.