- Business
- RHI Magnesita India Limited manufactures and supplies high-grade refractory products, systems and solutions essential for high-temperature industrial processes exceeding 1,200 degrees Celsius; core offerings encompass magnesia and alumina-based bricks and mixes, isostatically pressed continuous casting refractories, slide gate plates, nozzles, well blocks, tundish nozzles, bottom purging refractories, top purging lances, slag arresting darts, castables, alumina and magnesia carbon bricks, spray mass for tundish working linings, monolithics, and ceramic paper, serving primary segments including steel, cement, non-ferrous metals, glass, paper and pulp, and casting industries. Incorporated in 2010 as Orient Refractories Limited and integrated from three RHI Magnesita Group subsidiaries—RHI Clasil, RHI India, and Orient Refractories—in 2020 to form the current entity, the company maintains its registered office at 1307 Chiranjiv Tower, 43 Nehru Place, New Delhi, with headquarters operations there and state-of-the-art production facilities across India including sites in Bhiwadi, Rajasthan for R&D, Bellary in Karnataka, Visakhapatnam in Andhra Pradesh, and additional plants in key industrial regions; it holds approximately 3 million tons per annum production capacity, certified plants, and serves customers in India, West Asia, Africa, and globally through over 70 site offices and a network spanning more than 30 countries as part of its Austrian parent RHI Magnesita NV. Recent developments feature a Rs 3,600 crore investment plan announced in 2023 for organic and inorganic capacity expansion and plant modernization in India, including acquisitions of Dalmia Bharat Refractories' Indian business in late 2022, Hi-Tech Chemicals' refractory assets for Rs 621 crore, and through wholly-owned subsidiary Intermetal Engineers India Private Limited, 100% of Ashwath Technologies Private Limited for Rs 14.12 crore on August 1, 2025 to bolster steel flow control machinery capabilities; the company reported 4.6% Q1 revenue growth to Rs 960.32 crore and 10% EBITDA rise to Rs 103.33 crore in 2025 alongside deploying India's first complete robotic solution for continuous casting at a major steel plant, sustaining a 30% share in India's refractory market amid 6-8% CAGR projections.