Vesuvius India (VESUVIUS) — Announcement

Vesuvius India Limited showcased its technological leadership and service-driven growth strategy during the May 7, 2026 investor meet, emphasizing 55% market share in flow control refractories and premium pricing powered by innovation like DuraFlex and DuraSleeve products. Management highlighted robust R&D investment (~₹35-36 million pounds annually), phased capacity expansion at Vizag and Kolkata plants, and strong demand in non-commoditized segments including EAF-compatible refractories for automotive steel. With a disciplined capex approach targeting ₹1,000 Cr over 4-5 years and white space opportunities in plastic refractories, the company is positioning for long-term outgrowth above steel industry rates while maintaining EBITA margin aspirations of 20%.

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About Vesuvius India Limited (VESUVIUS)

Capital Goods · Refractories · Listed on NSE

Market Cap: ₹8,317.33 Cr P/E: 32.5 ROE: 15.4% ROCE: 20.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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