RHI Magnesita India Limited

RHI Magnesita India Limited

RHIM.BO
RHI Magnesita India LimitedIN flagBombay Stock Exchange
385.55
INR
+1.30
- -
79.63BMarket Cap
RHI Magnesita India Limited
RHIM.BO
(Bombay Stock Exchange)

Recent

price

385.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
25
29.92
33.52
37.43
38.2
42.84
51.79
61.68
85.49
84.56
122.29
160.72
183.7
178
- -
194.7
Revenue per Share
-1.86
2.56
3.45
4.4
4.4
4.65
5.74
7.14
7.48
8.44
8.49
16.71
-27.85
-4.88
9.81
- -
-18.55
Basic EPS, GAAP
- -
2.15
2.58
1.84
2.81
6.68
5.03
4.76
4.52
10.76
10.27
1.69
14.24
13.15
18.07
- -
- -
Free Cash Flow per Basic Share
- -
- -
0.97
0.97
1.21
1.36
1.41
2.43
2.42
1.88
2.14
2.5
2.4
2.51
2.5
- -
- -
Dividend per Share
-0.86
1.55
2.58
5.02
7.19
11.84
15.81
19.93
24.38
33.09
39.46
53.56
21.42
11.4
1
- -
1
Book Value per Share
-0.86
6.24
8.51
11.44
14.08
18.74
22.72
26.85
31.3
43.67
49.82
63.55
36.21
92.94
102.95
- -
111.6
Tangible Book Value per Share
- -
120
120
120
120
120
120
120
120
161
161
161
167
206
206
- -
206
Basic Weighted Avg Shares
- -
3,003
3,595
4,027
4,497
4,589
5,147
6,222
7,411
13,763
13,614
19,689
26,898
37,811
36,745
40,199
40,199
Sales/Revenue/Turnover
- -
15.71
18.03
18.95
16.69
17.63
19.4
19.61
17.13
14.54
13.36
18.43
11.85
10.48
7.6
6.09
6.09
Operating Margin (%)
- -
30
38
36
55
59
63
68
86
262
298
338
709
1,937
2,065
2,020
1,970
Depreciation Expense
-1
308
414
528
528
558
689
858
898
1,359
1,366
2,690
-4,661
-1,004
2,025
-3,829
-3,829
Net Income, GAAP
- -
32.78
32.64
33.6
33.64
34.06
34.57
34.4
34.68
26.87
25.98
24.75
- -
- -
22.9
- -
78.68
Effective Tax Rate (%)
- -
10.26
11.51
13.12
11.75
12.16
13.39
13.8
12.12
9.87
10.04
13.66
-17.33
-2.66
5.51
-9.53
-9.53
Profit Margin (%)
- -
487
741
1,065
1,327
1,847
2,261
2,617
3,084
5,162
5,652
7,317
373
13,137
14,937
16,473
16,473
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
576
617
379
3,282
3,520
3,401
3,302
3,302
LT Debt
- -
750
1,024
1,377
1,698
2,256
2,733
3,228
3,762
7,033
8,058
10,287
29,804
38,457
39,986
35,604
35,604
Total Equity
- -
67.46
43.02
40.24
31.43
27.05
26.74
27.31
23.93
25.6
16.49
27.95
- -
- -
4.93
- -
4.12
Return on Invested Capital (%)
- -
192.12
119.83
103.68
67.06
47.73
41.49
39.98
33.75
32.33
21.67
33.41
- -
- -
41.96
- -
36.46
Return on Capital (%)
- -
- -
166.62
115.77
72.03
48.82
41.49
39.98
33.75
32.92
23.39
35.93
-76.36
-33.87
158.62
-1,854.41
-1,854.41
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
586
- -
1,183
LT Borrowings
2,299
- -
2,125
LT Finance Leases
1,262
- -
1,176
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
207
- -
207
Market Capitalization
91,245
94,687
69,613

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
25,234
- -
25,867
Cash, Cash Equivalents & STI
856
- -
3,962
Accounts Receivable, Net
8,508
- -
7,031
Inventories
11,023
- -
10,989
Total Current Liabilities
9,651
- -
9,394
Payables & Accruals
- -
- -
- -
ST Debt
586
- -
1,183
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.67%
47.89%
-10.96%
Free Cash Flow
93.08%
150.32%
9.65%
Net Income, GAAP
-74.1%
-169.11%
-289.09%
Sales/Revenue/Turnover
26.52%
25.68%
9.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,280
9,869
9,229
8,968
37,811
2025
8,788
8,671
10,107
9,180
36,745
2026
9,603
10,354
10,920
9,323
40,199

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.3
3.46
1.92
- -
-4.88
2025
3.53
2.22
2.3
1.75
9.81
2026
1.71
1.85
2.99
-25.09
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.51
2025
- -
- -
- -
- -
2.5
2026
- -
- -
- -
- -
- -
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.