About Electrodes & Refractories
29 Jul 2026Electrodes & Refractories is one of 22 industries in the Capital Goods sector. Solomo tracks 15 listed companies classified as Electrodes & Refractories on India's NSE and BSE, out of 914 in the Capital Goods sector. Their combined market capitalisation was ₹52,178 crore on 29 Jul 2026, 1.1% of the Capital Goodssector's total and the 14th largest of its 22 industries by market value. All 15 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Graphite India Ltd (₹11,964 crore), HEG Ltd (₹10,525 crore) and Vesuvius India Ltd (₹9,426 crore).
Median trailing P/E across the 15 companies with a reported ratio is 30.8, and median return on capital employed (ROCE) across 15 companies is 10.1%.
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Graphite India Ltd | ₹11,964 Cr | 68.4 | 4.3% |
| HEG Ltd | ₹10,525 Cr | 30.8 | 8.0% |
| Vesuvius India Ltd | ₹9,426 Cr | 36.2 | 21.3% |
| RHI Magnesita India Ltd | ₹8,689 Cr | — | 6.8% |
| Raghav Productivity Enhancers Ltd | ₹5,944 Cr | 108.5 | 28.1% |
| IFGL Refractories Ltd | ₹1,666 Cr | 48.0 | 4.8% |
| Monolithisch India Ltd | ₹1,600 Cr | 69.5 | 22.8% |
| Foseco Crucible (India) Ltd | ₹762 Cr | 40.7 | 32.0% |
| Orient Ceratech Ltd | ₹507 Cr | 23.2 | 9.8% |
| DE Nora India Ltd | ₹468 Cr | 51.8 | 9.3% |
| Panasonic Carbon India Company Ltd | ₹225 Cr | 10.6 | 16.1% |
| Royal Arc Electrodes Ltd | ₹163 Cr | 16.3 | 17.0% |
| Classic Electrodes (India) Ltd | ₹95 Cr | 7.5 | 18.0% |
| Nilachal Refractories Ltd | ₹85 Cr | — | -34.6% |
| Refractory Shapes Ltd | ₹59 Cr | 12.3 | 10.1% |
Other industries in Capital Goods: Heavy Electrical Equipment (53), Aerospace & Defense (30), Industrial Products (234), Other Electrical Equipment (91), Iron & Steel Products (129), Compressors, Pumps & Diesel Engines (14), Commercial Vehicles (16), Cables - Electricals (15), Plastic Products - Industrial (71), Ship Building & Allied Services (5), Other Industrial Products (68), Abrasives & Bearings (8), Castings & Forgings (22), Packaging (87), Tractors (5), Construction Vehicles (7), Aluminium, Copper & Zinc Products (21), Railway Wagons (3), Rubber (14), Glass - Industrial (4) and Dealers-Commercial Vehicles, Tractors, Construction Vehicles (2).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 29 Jul 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.