Is Refractory Shapes Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Refractory Shapes Ltd (REFRACTORY.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Refractory Shapes Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Refractory Shapes Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Refractory Shapes Ltd?

Muslim investors may consider investing in Refractory Shapes 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.

Why is Refractory Shapes Ltd classified as HALAL?

Musaffa determines the Shariah status of Refractory Shapes Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Refractory Shapes Ltd updated?

The Shariah compliance status of Refractory Shapes Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Refractory Shapes Ltd become non-compliant?

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.

Where can I check the Shariah status of Refractory Shapes Ltd?

You can check the latest Shariah compliance status of Refractory Shapes Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Refractory Shapes Ltd REFRACTORY.NS

₹38.50

Last Updated: May 15, 12:00 AM·NSE

REFRACTORY.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 14, 2026

Report Source: 2025 Annual Report

$Refractory Shapes Ltd$

Refractory Shapes Ltd. Stock Analysis REFRACTORY.NS

India Industrials Nano Cap Report: 2025 Annual

Refractory Shapes Ltd. engages in the production of shapes, custom made refractory shapes and ceramic balls of low & medium. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2024-05-14. The firm's product categories include bricks, castables, coating material, high alumina catalyst bed support, and ceramic balls. Its brick products include Kyanex (high alumina dense refractory shapes), Kyanex Super (high alumina dense refractory shapes), Reframul (special mullite refractory shapes), Refra SC (silicon carbide bricks), Xlite Insulating Bricks and Slip Cast Shapes, Mortars. Its castable products include Reframon (low cement castables), Refratab (high purity tabular alumina castable), Refracast (high purity dense castable), Refrachem and Refracrete (medium purity dense castable). Its products find applications in a diverse range of industries, including steel, cement, glass and petrochemicals, among others. The company has a global presence, including Kuwait, Qatar, Saudi Arabia, Bahrain, Australia, Venezuela, United States, Columbia and Belgium.

Key Statistics of Refractory Shapes Ltd (REFRACTORY.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹38.50₹38.50

Today's Open

₹38.50

Volume

1000.00

P/E Ratio (TTM)

13.90

52 Week Range

₹28.65₹72.50

Market Cap

875.27M

Avg. Volume

14.81K

Dividend Yield

Financial Metrics & Statements of Refractory Shapes Ltd (REFRACTORY.NS)

FAQ's for Refractory Shapes Ltd (REFRACTORY.NS)

According to Musaffa’s Shariah screening methodology, Refractory Shapes Ltd (REFRACTORY.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.