Comparison · NSE · data 2026-11-03
IFGL Refractories Ltd. vs Onix Solar Energy Ltd.
In plain words
Size: Onix Solar Energy Ltd. is about 1.1 times the market value of IFGL Refractories Ltd..
Valuation (P/E): IFGL Refractories Ltd. 29.2 vs Onix Solar Energy Ltd. 5.2.
Return on equity: Onix Solar Energy Ltd. 8.1% vs IFGL Refractories Ltd. 3%.
Profit growth over 3 years: Onix Solar Energy Ltd. 147% a year vs IFGL Refractories Ltd. -24.1% a year.
Debt to equity: IFGL Refractories Ltd. 0.18 vs Onix Solar Energy Ltd. 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IFGLEXPOR | ONIXSOLAR | |
|---|---|---|
| Price | ₹166.01 | ₹323.6 |
| Market cap | ₹1,168 cr | ₹1,257 cr |
| P/E | 29.2 | 5.2 |
| P/B | — | 1.4 |
| ROE | 3.0% | 8.1% |
| ROCE | 4.3% | 11.1% |
| Debt / equity | 0.18 | 0.07 |
| Operating margin | 3.2% | 33.5% |
| Dividend yield | 1.33% | 0.00% |
| Sales growth, 3 years (yearly) | 11.2% | 1805.7% |
| Profit growth, 3 years (yearly) | -24.1% | 147.0% |
| 1-year return | -34.0% | -17.9% |
| Revenue, last 12 months | ₹1,953 cr | ₹220 cr |
| Net profit, last 12 months | ₹41 cr | ₹65 cr |
| Latest quarter | Jun 2026 | — |
| Quarter net profit | ₹17 cr | — |
| Quarter profit vs a year earlier | +57.8% | — |
| Promoter holding | 72.43% | — |
| Health check | Average (4.5/10) | Strong (7.2/10) |
Common questions
Which has a higher P/E, IFGL Refractories Ltd. or Onix Solar Energy Ltd.?
IFGL Refractories Ltd. trades at the higher P/E (29.2 against 5.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Onix Solar Energy Ltd. (8.1% against 3.0%).
Which carries more debt?
IFGL Refractories Ltd. has the higher debt-to-equity ratio (0.18 against 0.07).