| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 181 | 192 | 205 | 189 | 191 | 182 | 170 | 341 | 234 | 351 | 386 | 412 | 433 | 433 | 547 | 592 | 606 | 604 | 649 | 881 | 931 | 990 | 924 | 948 | 882 | 883 | 1,018 | 919 | 961 | 1,037 |
| Expenses | 146 | 155 | 166 | 153 | 154 | 149 | 140 | 285 | 203 | 298 | 318 | 342 | 355 | 367 | 437 | 452 | 486 | 500 | 553 | 1,489 | 795 | 839 | 806 | 1,121 | 725 | 760 | 886 | 825 | 858 | 926 |
| EBITDA | 35 | 37 | 38 | 36 | 37 | 33 | 29 | 56 | 31 | 52 | 68 | 70 | 78 | 66 | 110 | 140 | 120 | 105 | 97 | -607 | 136 | 151 | 118 | -173 | 157 | 123 | 132 | 94 | 103 | 111 |
| Operating Profit % | 16 % | 17 % | 17 % | 18 % | 18 % | 17 % | 17 % | 16 % | 12 % | 14 % | 17 % | 16 % | 17 % | 15 % | 20 % | 24 % | 19 % | 17 % | 14 % | -70 % | 14 % | 15 % | 13 % | -19 % | 18 % | 12 % | 12 % | 10 % | 11 % | 11 % |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 42 | 46 | 44 | 48 | 44 | 48 | 50 | 55 | 47 | 47 | 49 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 1 | 1 | 1 | 4 | 3 | -1 | 1 | -0 | -0 | -2 | 7 | 34 | 26 | 9 | 16 | 14 | 11 | 10 | 13 | 9 | 8 | 9 |
| Profit Before Tax | 33 | 34 | 36 | 34 | 34 | 30 | 26 | 44 | 24 | 44 | 59 | 58 | 68 | 59 | 100 | 131 | 111 | 97 | 79 | -683 | 64 | 98 | 54 | -231 | 98 | 62 | 64 | 38 | 48 | 52 |
| Tax | 11 | 12 | 16 | 9 | 12 | 4 | 7 | 12 | 6 | 12 | 15 | 16 | 18 | 16 | 24 | 31 | 29 | 25 | 21 | -4 | 17 | 26 | 15 | 27 | 25 | 17 | 17 | 2 | 13 | 13 |
| Net Profit | 22 | 22 | 21 | 25 | 23 | 26 | 20 | 32 | 18 | 33 | 44 | 43 | 50 | 43 | 76 | 100 | 82 | 72 | 59 | -679 | 47 | 72 | 39 | -258 | 73 | 46 | 48 | 36 | 35 | 38 |
| EPS in ₹ | 1.82 | 1.86 | 1.71 | 2.08 | 1.87 | 2.17 | 1.66 | 1.99 | 1.09 | 2.02 | 2.73 | 2.64 | 3.10 | 2.68 | 4.73 | 6.20 | 5.11 | 4.49 | 3.64 | -36.37 | 2.30 | 3.46 | 1.92 | -12.49 | 3.53 | 2.22 | 2.30 | 1.75 | 1.71 | 1.85 |
RHI Magnesita
RHI Magnesita
472.20
-8.85
(-1.84%)
Key Fundamentals
Market Cap
9,751.00 Cr
EPS
9.81
PE Ratio
63.08
Dividend Yield
0.52 %
Industry
Industrial Products 52 Week High
579.70
52 Week Low
376.45
PB Ratio
2.47
Debt to Equity
0.11
Sector
Electrodes & Refractories Analyst Rating and Forecast
- By Refinitiv from3 analysts
Actual
Company News
View All News
Ms. Ticiana Kobel, Non-executive Director of RHI Magnesita India Limited, resigned from the Board effective November 17, 2025, citing an unavoidable conflict arising from her new position on the Supervisory Board of RHI Magnesita GmbH. Her resignation affects her membership in three key Board committees including Nomination Remuneration Committee, Risk Management Committee, and Corporate Social Responsibility Committee.
RHI Magnesita India Limited, a manufacturer and supplier of high-grade refractory products, reported unaudited consolidated financial results for Q2FY26. The company achieved record quarterly revenue of ₹1,035 crore, marking an 8% quarter-on-quarter increase. Shipment volumes reached 141 KT, up 9% QoQ. EBITDA stood at ₹111 crore (7% QoQ increase) and profit after tax was ₹38 crore (9% QoQ increase). Chairman, MD & CEO Parmod Sagar highlighted this as the highest quarterly turnover in company history, with revenue crossing ₹1,000 crore once again. He noted strong performance across all segments despite input cost pressures, with the Ironmaking segment and 4PRO solutions model delivering consistent value. The company also issued a corrigendum correcting a clerical error in their earlier press release, clarifying that the results were unaudited rather than audited consolidated financial results.
RHI Magnesita India Limited reported consolidated revenue from operations of Rs 1,035.36 crores for the quarter ended September 30, 2025, representing a 19.4% increase compared to Rs 867.07 crores in the same quarter last year. For the half-year period, consolidated revenue reached Rs 1,995.67 crores, up 14.3% from Rs 1,745.82 crores in the previous year. The company's consolidated profit after tax for the quarter was Rs 3,844.75 crores, compared to Rs 4,608.40 crores in the corresponding quarter of the previous year. On a standalone basis, the company achieved revenue of Rs 862.13 crores for the quarter, up 30.5% from Rs 660.99 crores year-on-year. The Board approved unaudited financial results for the quarter and half-year ended September 30, 2025. The company operates primarily in manufacturing refractories and monolithics. During the period, subsidiary Intermetal Engineers acquired 100% shareholding in Ashwath Technologies Private Limited for Rs 1,411.89 lakhs in August 2025.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
562.55 | #1 10,990.85 | 46.86 | 2,998.50 | -7.85 | #1 458 | -60.82 | 46.11 | |
513.45 | 9,908.43 | 38.96 | 2,287.30 | -9.83 | 115 | 74.12 | 43.14 | |
472.20 | #3 9,751.00 | #8 63.08 | #1 3,700.60 | #6 -2.41 | #2 203 | #9 -16.56 | 50.67 | |
475.40 | 9,648.76 | 39.95 | 1,550.71 | -19.11 | 184 | -10.22 | 38.28 | |
1,040.25 | 4,775.99 | 106.41 | 201.00 | #1 51.01 | 37 | 56.82 | 77.67 | |
224.12 | 1,615.43 | 54.25 | 1,670.40 | 0.73 | 43 | 4.96 | 33.10 | |
1,570.00 | 879.18 | 34.81 | 113.80 | 0.98 | 16 | -1.12 | 48.86 | |
41.36 | 494.83 | 30.37 | 331.00 | 4.61 | 10 | #1 294.74 | 62.39 | |
705.20 | 374.36 | 144.33 | 74.40 | -5.82 | 2 | 18.18 | 26.51 | |
495.50 | 237.83 | #1 10.80 | 65.80 | 6.65 | 21 | 18.00 | 53.93 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
-2.41 %
Net Income Growth
-302.30 %
Cash Flow Change
37.87 %
ROE
-294.62 %
ROCE
507.83 %
EBITDA Margin (Avg.)
-7.08 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 508 | 1,052 | 1,260 | 1,674 | 5,881 | 5,116 | 5,176 |
| Fixed Assets | 60 | 228 | 243 | 283 | 3,258 | 2,805 | 2,730 |
| Current Assets | 439 | 806 | 956 | 1,338 | 2,545 | 2,198 | 2,304 |
| Capital Work in Progress | 3 | 9 | 46 | 34 | 39 | 49 | 63 |
| Investments | 103 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 342 | 816 | 970 | 1,358 | 2,583 | 2,262 | 2,383 |
| Total Liabilities | 508 | 1,052 | 1,260 | 1,674 | 5,881 | 5,116 | 5,176 |
| Current Liabilities | 130 | 290 | 391 | 606 | 2,508 | 885 | 810 |
| Non Current Liabilities | 2 | 58 | 63 | 39 | 393 | 385 | 367 |
| Total Equity | 376 | 703 | 806 | 1,029 | 2,980 | 3,846 | 3,999 |
| Reserve & Surplus | 364 | 687 | 790 | 1,013 | 2,872 | 3,825 | 3,978 |
| Share Capital | 12 | 12 | 12 | 16 | 19 | 21 | 21 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 14 | 81 | 33 | -93 | 260 | -272 | 47 |
| Investing Activities | -5 | 26 | -79 | -70 | -1,150 | -312 | -113 |
| Operating Activities | 54 | 173 | 165 | 27 | 238 | 271 | 373 |
| Financing Activities | -35 | -118 | -54 | -50 | 1,172 | -231 | -213 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Jan 2022 | Mar 2023 | Apr 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 66.49 % | 66.49 % | 66.49 % | 70.19 % | 70.19 % | 70.19 % | 70.19 % | 70.19 % | 60.11 % | 60.11 % | 55.47 % | 55.47 % | 56.07 % | 56.07 % | 56.07 % | 56.07 % | 56.07 % | 56.07 % | 56.07 % | 56.07 % | 56.07 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 3.67 % | 3.77 % | 4.74 % | 5.16 % | 5.01 % | 4.99 % | 5.00 % | 5.01 % |
| DIIs | 11.87 % | 11.81 % | 12.08 % | 9.31 % | 9.16 % | 8.27 % | 8.36 % | 8.65 % | 7.45 % | 7.92 % | 13.89 % | 13.81 % | 13.61 % | 13.77 % | 13.31 % | 12.81 % | 12.37 % | 12.65 % | 12.97 % | 12.55 % | 12.39 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 14.10 % | 14.85 % | 14.67 % | 14.12 % | 14.12 % | 13.78 % | 12.69 % | 12.40 % | 10.53 % | 11.13 % | 10.25 % | 9.72 % | 9.82 % | 9.67 % | 10.02 % | 9.61 % | 9.62 % | 9.54 % | 9.12 % | 9.43 % | 9.56 % |
| Others | 7.54 % | 6.84 % | 6.76 % | 6.38 % | 6.53 % | 7.76 % | 8.76 % | 8.76 % | 21.91 % | 20.84 % | 20.38 % | 21.00 % | 20.50 % | 16.81 % | 16.82 % | 16.77 % | 16.78 % | 16.72 % | 16.84 % | 16.95 % | 16.96 % |
| No of Share Holders | 0 | 0 | 18,581 | 30,571 | 33,034 | 36,628 | 51,528 | 57,631 | 64,763 | 68,440 | 68,210 | 65,795 | 73,698 | 71,705 | 74,075 | 69,476 | 70,665 | 70,563 | 64,581 | 69,845 | 69,849 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
| Dividend Yield (%) | 0.00 | 1.57 | 1.05 | 2.13 | 1.11 | 0.41 | 0.41 | 0.45 | 0.49 | 0.52 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 02 Jul 2021 |  Change Of Name | NA | 02 Jul 2021 | 320.45 | 320.45 |
| 21 Sept 2021 |  Dividend | ₹ 2.50 /share | 17 Sept 2021 | 332.55 | 363.35 |
| 16 Sept 2022 | Dividend | ₹ 2.50 /share | 14 Sept 2022 | 524.50 | 637.15 |
| 15 Sept 2023 | Dividend | ₹ 2.50 /share | 14 Sept 2023 | 682.75 | 759.20 |
| 06 Sept 2024 | Dividend | ₹ 2.50 /share | 05 Sept 2024 | 663.40 | 601.70 |
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 633.30 | 613.75 |
| 07 Nov 2024 |  Quarterly Result Announcement | NA | 07 Nov 2024 | 590.05 | 596.50 |
| 11 Feb 2025 | Quarterly Result Announcement | NA | 11 Feb 2025 | 477.95 | 468.55 |
| 28 May 2025 | Quarterly Result Announcement | NA | 28 May 2025 | 462.75 | 464.45 |
| 08 Aug 2025 | Quarterly Result Announcement | NA | 08 Aug 2025 | 495.20 | 500.45 |
| 12 Sept 2025 | Dividend | ₹ 2.50 /share | 12 Sept 2025 | 464.45 | 479.00 |
| 26 Sept 2025 | Annual General Meeting | NA | 26 Sept 2025 | 492.75 | 451.10 |
| 10 Nov 2025 | Quarterly Result Announcement | NA | 10 Nov 2025 | 449.25 | 472.05 |
Announcements
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Resignation of Director2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication9 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release10 days ago
10 days agoResults- Financial Results For 10 November 202510 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation10 days ago
10 days agoBoard Meeting Outcome for Outcome Of Board Meeting Dated 10 November 2025 Pursuant To Regulation 30 & 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 201510 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Nov 06, 2025Board Meeting Intimation for Regulation 29 (1) Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015Oct 27, 2025
Oct 27, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Closure of Trading WindowSep 29, 2025
Sep 29, 2025Shareholder Meeting/Postal Ballot-Scrutinizer ReportSep 26, 2025
Sep 26, 2025Intimation Of Appointment Of Secretarial AuditorSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 03, 2025
Sep 03, 2025Letter To Shareholders Providing The Weblink Of Annual Report Of Financial Year 2024-25Sep 01, 2025
Sep 01, 2025Business Responsibility and Sustainability Reporting (BRSR)Sep 01, 2025
Sep 01, 2025Reg. 34 (1) Annual Report.Sep 01, 2025
Sep 01, 2025Notice Of 15Th AGM To Be Held On 26 September 2025 At 11:00 AmSep 01, 2025
Sep 01, 2025Update-Intimation Of Record Date For Final Dividend For FY 2024-25Aug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 14, 2025
Aug 14, 2025Communication To Shareholders On Tax Deduction At Source (TDS) For Dividend IncomeAug 14, 2025
Aug 14, 2025Record Date - Payment Of DividendAug 14, 2025
Aug 14, 2025Closure Of Register Of Members And Share Transfer BookAug 14, 2025
Aug 14, 2025Intimation Of 15Th Annual General MeetingAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 08, 2025
Aug 08, 2025Results-Financial Results For 08-08-2025Aug 08, 2025
Aug 08, 2025Board Meeting Outcome for Outcome Of Board Meeting Dated 8 August 2025 Pursuant To Regulation 30 & 33 Of SEBI (Listing Obligations And
Disclosure Requirements) Regulations 2015Aug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionAug 01, 2025
Aug 01, 2025Board Meeting Intimation for Regulation 29 (1) Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015
Jul 30, 2025
Jul 30, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 25, 2025
Jul 25, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJul 25, 2025
Jul 25, 2025ClarificationJul 23, 2025
Jul 23, 2025Clarification sought from Rhi Magnesita India LtdJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionJul 21, 2025
Jul 21, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 15, 2025
Jul 15, 2025Closure of Trading WindowJun 30, 2025
Jun 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 23, 2025
Jun 23, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotJun 21, 2025
Jun 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 16, 2025
Jun 16, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 04, 2025
Jun 04, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 29, 2025
May 29, 2025Mutual Fund Holdings
Bajaj Finserv Flexi Cap Fund Direct-Growth 
Bandhan Small Cap Fund Direct-Growth 
Sundaram Small Cap Fund Direct-Growth 
HDFC Business Cycle Fund Direct - Growth 
Axis Business Cycles Fund Direct-Growth 
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth 
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth 
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth 
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth 
SBI Nifty 500 Index Fund Direct-Growth 
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth 
Kotak Nifty Smallcap 250 Index Fund Direct-Growth 
Groww Nifty Smallcap 250 Index Fund Direct - Growth Technical Indicators
RSI(14)
Neutral 55.80
ATR(14)
Less Volatile 14.31
STOCH(9,6)
Neutral 76.15
STOCH RSI(14)
Neutral 65.51
MACD(12,26)
Bullish 1.85
ADX(14)
Strong Trend 30.55
UO(9)
Bearish 58.74
ROC(12)
Uptrend And Accelerating 0.89
WillR(14)
Neutral -37.25
About RHI Magnesita
RHI Magnesita India Ltd is a leading refractory manufacturer in India, primarily serving the steel industry. The company produces a wide range of refractory products and solutions, including custom-made items for specific casting conditions. It operates manufacturing facilities in Bhiwadi, Visakhapatnam, and Cuttack, with a franchise operation in Salem. The company serves customers both in India and overseas, offering products such as continuous casting refractories, slide gate plates, nozzles, and various other specialized refractory items. RHI Magnesita India also provides services like total refractory management, project management, and engineering solutions. The company has expanded through acquisitions, including Intermetal Engineers India Private Limited, which manufactures steel plant equipment. In 2023, RHI Magnesita India acquired the Indian refractory business of Dalmia Bharat Refractories Ltd and Hi-Tech Chemicals, further strengthening its market position.
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