Nilachal Refractories Ltd. engages in the manufacture and trade of refractory products. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2011-06-28. The Company’s products include Bricks & Shapes, Monolithics, and Industry-wise. Its Bricks & Shapes products include fireclay bricks, alumina bricks, high alumina bricks, and tar impregnated & tempered bricks. Its Monolithics products include regular dense castable, and medium cement dense castable. The Company’s product application for the steel industry includes torpedo ladle, engineered pre-cast (ready shapes) solutions, EAF, ladle & LF, tundish, and reheating furnace. The Company’s product applications for the aluminum industry are alumina calcining kiln, anode baking furnace, electrolytic pot, ladle, holding furnace, rotary kiln, twin chamber furnace, and semi-continuous casting distributors. The company provides alumina-based abrasion resistant bricks as well as thermal spalling resistant bricks for critical applications in ferrous and non-ferrous industries.
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As of August 2026, Nilachal Refractories Ltd 502294.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nilachal Refractories Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nilachal Refractories Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Nilachal Refractories Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Nilachal Refractories Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Nilachal Refractories Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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