2. Business Divisions

TRL Krosaki operates in multiple business segments that cater to the needs of industries that require high-performance refractories:

• Refractories Production: TRL Krosaki manufactures a variety of refractories used in different industrial processes. Its key products include:
  • Basic Refractories
  • Dolomite Refractories
  • High Alumina Refractories
  • Monolithic Refractories
  • Silica Refractories
  • Taphole Clay
  • RH Snorkel Refractories
• Refractories Management and Technical Services: TRL Krosaki provides specialized technical services that include:
  • Refractories Management Services for optimizing the lifespan of refractories in operational settings.
  • Refractories Engineering Services to support industrial clients in designing and managing refractory systems.
  • Technical Support Services to offer expert guidance for maintaining refractory systems in critical applications.
• Global Manufacturing and Supply Network: TRL Krosaki operates several plants in India and abroad, including:
  • Belpahar Plant (Odisha) – Focuses on basic, dolomite, and high alumina refractories.
  • Salem Plant (Tamil Nadu) – Specializes in basic ramming mass and tundish spray mass.
  • China Plant – Manufactures mag-c and AMC bricks for the Chinese market.
• Strategic Global Partnerships: TRL Krosaki’s strategic partnership with Krosaki Harima Corporation (KHC), a global leader in refractories, has strengthened the company’s position in the market. With KHC owning 77.62% of TRL Krosaki’s shares, the company has access to cutting-edge technology and global best practices.

3. Financial Highlights

Here are the key financial highlights of TRL Krosaki Unlisted Shares:

1. Revenue Growth: TRL Krosaki reported revenue of ₹2,503 crore in FY2024, a 9.1% increase from ₹2,295 crore in FY2023. This growth is driven by higher demand for refractories and strong global sales, especially in steel and copper industries.
2. Profitability Improvement: The company posted EBITDA of ₹318 crore in FY2024, reflecting a 20% increase compared to ₹264.63 crore in FY2023. Its operating profit margin (OPM) improved to 12.7% in FY2024, up from 11.53% in FY2023, indicating better cost management and operational efficiency.
3. Strong Net Profit Growth: TRL Krosaki’s net profit (PAT) surged by 53% to ₹243 crore in FY2024, compared to ₹158.27 crore in FY2023. This was driven by higher revenue, efficient cost management, and favorable demand dynamics in the global refractories market.
4. Earnings Per Share (EPS) Growth: The EPS for FY2024 increased to ₹116.27, up from ₹75.73 in FY2023. This increase reflects the company’s strong earnings growth and the value it provides to shareholders.
5. Solid Asset Base: The company’s total assets grew to ₹1,569 crore in FY2024, from ₹1,427 crore in FY2023, driven by investments in new plant capacities and technology upgrades. Fixed assets increased to ₹531 crore, reflecting the company’s expanding manufacturing capabilities.