RHI Magnesita

RHI Magnesita

483.85
+1.75
(0.36%)
Market Cap
9,955.40 Cr
EPS
9.81
PE Ratio
60.39
Dividend Yield
0.52 %
52 Week High
640.00
52 Week Low
376.45
PB Ratio
2.49
Debt to Equity
0.11
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from3 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+66.67 %
+66.67 %
Hold
Hold+33.33 %
+33.33 %
Sell
Sell0.0 %
0.0 %

Company News

View All News
Caret
positive
RHI Magnesita India Limited has set Friday, 12 September 2025 as the record date for determining shareholder eligibility for a final dividend of Rs. 2.50 per equity share for FY 2024-25. The dividend payment is subject to shareholder approval at the upcoming Annual General Meeting. Upon declaration at the AGM, dividend disbursement will be made by Friday, 25 October 2025 to eligible shareholders holding shares in both dematerialized and physical form as of the record date. The dividend will be subject to deduction of applicable taxes.
positive
RHI Magnesita India Reports 9% Revenue Growth in Q1 FY26 Despite Margin PressuresAug 14, 2025
RHI Magnesita India Limited reported revenue of INR 960 crores for Q1 FY26, representing 9% year-on-year growth and 5% sequential growth. Shipment volumes increased 13% year-on-year to 129 kilotons, driven by regained market share across segments. Operating EBITDA stood at INR 103 crores with margins at 10.8%, up from 10.2% in the previous quarter. However, margins declined 51 basis points year-on-year due to elevated raw material costs, particularly alumina prices. The company achieved a 13% increase in shipments and secured price increases from customers. Production increased 9% year-on-year to 85,000 tons with capacity utilization improving to 66%. The company deployed India's first complete robotics solution in a continuous casting plant and enhanced steel flow control capabilities through acquisition of Ashwath Technology. Management expects margin improvement in coming quarters as high-cost inventory is consumed and pricing initiatives take effect, targeting full-year EBITDA margins similar to previous year levels.
positive
Rhi Magnesita announced significant expansion plans during a conference call. The company's capital expenditure is expected to double from last year's levels, with plans to return to FY24 capex levels next year. The company substantially increased its cement market share from 12-13% to 42-43% following the Dalmia acquisition. For FY26, Rhi Magnesita aims to match FY25's EBITDA margin of 13.7% while expecting 8-9% volume growth. In the iron-making segment, the company targets growing market share from the current 13% to 25-30% over the next 2-3 years. Additionally, Rhi Magnesita plans to localize production of high-margin products from recently acquired companies Resco and PDD factories for the Indian market.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
569.90
#1 11,047.50
31.03
2,998.50
-7.85
#1 458
-43.64
67.86
530.50
10,680.80
43.08
1,917.00
17.03
265
-6.39
52.55
521.35
10,010.70
51.11
2,287.30
-9.83
115
#1 355.65
58.51
483.85
#4 9,955.40
#7 60.39
#1 3,700.60
#2 38.34
#3 203
#9 -51.58
50.30
677.05
3,108.50
77.34
201.00
#1 51.01
37
40.96
71.53
244.59
1,765.60
60.56
1,670.40
0.73
43
-56.10
48.91
1,689.90
937.50
37.08
113.80
0.98
16
-26.58
54.89
40.36
483.00
42.34
331.00
2.03
10
48.28
58.30
818.15
434.90
211.16
74.40
2.07
2
13.79
38.36
502.50
245.30
#1 11.43
65.80
6.65
21
5.00
62.15
Forecast
Actual
Growth Rate
Revenue Growth
38.34 %
Net Income Growth
-78.51 %
Cash Flow Change
37.87 %
ROE
-83.35 %
ROCE
-110.87 %
EBITDA Margin (Avg.)
7.46 %

Quarterly Financial Results

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
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
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
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
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 %
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
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
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
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
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
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

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
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 %
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 %
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 %
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 %
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 %
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 %
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

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
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
26 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Sept 2025 492.75 482.10
02 Jul 2021 CHANGE OF NAME Change Of Name
NA
02 Jul 2021 320.45 320.45
21 Sept 2021 DIVIDEND Dividend
₹ 2.50 /share
17 Sept 2021 332.55 363.35
16 Sept 2022 DIVIDEND Dividend
₹ 2.50 /share
14 Sept 2022 524.50 637.15
15 Sept 2023 DIVIDEND Dividend
₹ 2.50 /share
14 Sept 2023 682.75 759.20
06 Sept 2024 DIVIDEND Dividend
₹ 2.50 /share
05 Sept 2024 663.40 601.70
27 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
27 Sept 2024 633.30 613.75
07 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Nov 2024 590.05 596.50
11 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Feb 2025 477.95 468.55
28 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 May 2025 462.75 464.45
08 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Aug 2025 495.20 500.45
12 Sept 2025 DIVIDEND Dividend
₹ 2.50 /share
12 Sept 2025 464.45 479.00

Announcements

Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 03, 2025
Letter To Shareholders Providing The Weblink Of Annual Report Of Financial Year 2024-25Sep 01, 2025
Business Responsibility and Sustainability Reporting (BRSR)Sep 01, 2025
Reg. 34 (1) Annual Report.Sep 01, 2025
Notice Of 15Th AGM To Be Held On 26 September 2025 At 11:00 AmSep 01, 2025
Update-Intimation Of Record Date For Final Dividend For FY 2024-25Aug 18, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 18, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 14, 2025
Communication To Shareholders On Tax Deduction At Source (TDS) For Dividend IncomeAug 14, 2025
Record Date - Payment Of DividendAug 14, 2025
Closure Of Register Of Members And Share Transfer BookAug 14, 2025
Intimation Of 15Th Annual General MeetingAug 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 11, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 08, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 08, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 08, 2025
Results-Financial Results For 08-08-2025Aug 08, 2025
Board 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
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 05, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionAug 01, 2025
Board Meeting Intimation for Regulation 29 (1) Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 Jul 30, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 25, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJul 25, 2025
ClarificationJul 23, 2025
Clarification sought from Rhi Magnesita India LtdJul 23, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionJul 21, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 15, 2025
Closure of Trading WindowJun 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 23, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotJun 21, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 16, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 29, 2025
Announcement Under Regulation 30 (LODR)- Investment In Shares Of Subsidiary Company Through Right IssueMay 28, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateMay 28, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 28, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 28, 2025
Results-Financial Results March 2025May 28, 2025
Corporate Action-Board approves DividendMay 28, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Dated 28 May 2025 Pursuant To Regulation 30 & 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 24, 2025
Board Meeting Intimation for Approval Of Audited Financial Results And Recommendation Of Final Dividend For The Financial Year Ended 31 March 2025May 24, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 08, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 06, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 11, 2025
Intimation Of Receipt Of Cautionary Letters From NSE & BSE Under SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Mar 29, 2025

Technical Indicators

RSI(14)
Neutral
50.30
ATR(14)
Volatile
13.53
STOCH(9,6)
Neutral
61.07
STOCH RSI(14)
Overbought
96.21
MACD(12,26)
Bullish
1.29
ADX(14)
Weak Trend
12.69
UO(9)
Bearish
46.29
ROC(12)
Uptrend And Accelerating
0.53
WillR(14)
Neutral
-41.03

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Aditya Birla Sun Life Business Cycle Fund Direct-Growth
0.00%
-199047
-0.57%
-0.52%
LIC MF Multi Cap Fund Direct - Growth
0.48%
168268
0.48%
0.48%
Axis India Manufacturing Fund Direct-Growth
0.13%
-165788
-0.16%
-0.21%
LIC MF Small Cap Fund Direct - Growth
1.27%
161899
1.27%
1.27%
Aditya Birla Sun Life Manufacturing Equity Fund Direct-Growth
0.00%
-134455
-0.63%
-0.59%
Aditya Birla Sun Life Dividend Yield Fund Direct-Growth
0.10%
-114873
-0.40%
-0.77%
LIC MF Dividend Yield Fund Direct - Growth
0.84%
113663
0.84%
0.84%
HDFC MNC Fund Direct - Growth
1.69%
-104419
-0.98%
-0.83%
Bandhan Small Cap Fund Direct-Growth
0.23%
65161
0.00%
0.00%
LIC MF Infrastructure Fund Direct-Growth
0.19%
40204
0.19%
0.19%
LIC MF Manufacturing Fund Direct-Growth
0.20%
33103
0.19%
0.19%
ICICI Prudential Multicap Fund Direct Plan-Growth
0.56%
-7759
-0.03%
0.00%
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
2866
0.15%
0.15%
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
2202
-0.01%
0.01%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
977
0.00%
0.01%
SBI Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
869
-0.01%
0.01%
HDFC Nifty Smallcap 250 Index Fund Direct-Growth
0.15%
671
-0.01%
0.01%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.20%
-607
-0.01%
0.01%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
527
0.00%
0.01%
Edelweiss Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
349
-0.01%
0.01%
Motilal Oswal Nifty 500 Index Fund Direct - Growth
0.02%
149
0.00%
0.00%
Bandhan Multi Cap Fund Direct-Growth
0.79%
110
-0.04%
0.00%
Bandhan Nifty Smallcap 250 Index Fund Direct-Growth
0.15%
108
-0.01%
0.01%
Kotak Nifty Smallcap 250 Index Fund Direct-Growth
0.15%
94
-0.01%
0.01%
Groww Nifty Smallcap 250 Index Fund Direct - Growth
0.15%
50
0.00%
0.01%

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.