About IFGL Refractories Limited

IFGL Refractories Limited is a Kolkata-headquartered manufacturer of specialised refractories and operating systems for the metals value chain. Established in 1979, the company has grown into a global brand with 10 production facilities across Asia, Europe and North America, serving customers in 50+ countries through a workforce of about 2,000 people and a portfolio that spans iron making, steelmaking and continuous casting applications. Its expertise includes Slide Gate Systems, Purging Systems, Ladle Lining and Ladle Refractories, and Tundish Furniture and Tundish Refractories, delivered to leading steel producers worldwide. IFGL primarily serves the Iron & Steel and Foundry industry and works with 300+ customers globally, leveraging engineering and application capabilities built over 40+ years.

The Group comprises the listed parent and 4 subsidiaries. Strategic acquisitions over the years have broadened the footprint and capabilities, including transactions in Europe (2008) and the United States (2010), followed by a UK addition in 2023, reinforcing IFGL’s presence across key steel-making hubs. The Head & Corporate Office is at McLeod House, 3 Netaji Subhas Road, Kolkata 700 001, while the Registered Office is at Sector B, Kalunga Industrial Estate, Sundergarh, Odisha 770 031.

IFGL Refractories Limited’s Key Management

• Shishir Kumar Bajoria – Chairman
• James McIntosh – Managing Director
• Kamal Sarda – Director & CEO India
• Rajesh Agarwal – Director – General Counsel

Latest Updates on IFGL Refractories Limited

• IFGL strengthened its UK footprint with the acquisition of a monolithic refractory manufacturer in 2023, adding advanced casthouse and specialist monolithic products used across Iron & Steel and other industries to the Group’s offering.
• The company continued to maintain a strong balance sheet; it has been a net cash company since FY19, with cash and equivalents improving since then, and reported a net debt position of Rs 45.9 crore as on March 31, 2023.