The invention provides a high-toughness impact-resistant and wear-resistant repairing material which is mainly prepared from 26.0 to 36.0 percent of portland cement, 5.0 to 7.5 percent of ultrafine powder, 52.0 to 61.0 percent of iron ore, 1.5 to 4.0 percent of fiber, 0.01 to 0.03 percent of a coupling agent, 0.1 to 0.3 percent of rubber powder, 0.8 to 1.2 percent of a volume stabilizer, 0.1 to 0.2 percent of a polycarboxylate water reducing agent, 0.01 to 0.03 percent of a defoaming agent and the like. The high-toughness impact-resistant and wear-resistant repairing material provided by the invention has the advantages of low price, convenient construction, high impact toughness, high impact strength, high bonding strength, low shrinkage and high crack resistance, has a linear expansion coefficient close to that of concrete, cannot fall off from a base material, and can replace organic materials such as epoxy resin mortar and the like.