Vesuvius India appoints MUFG Intime as new RTA

1 min read     Updated on 14 May 2026, 06:09 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Vesuvius India Limited has changed its Registrar and Share Transfer Agent (RTA) to MUFG Intime India Private Limited following the merger of its former RTA, CB Management Services Private Limited, effective May 8, 2026. The new RTA holds SEBI Registration No. INR000004058, and there is no change in the services rendered to shareholders.

powered bylight_fuzz_icon
40234512

*this image is generated using AI for illustrative purposes only.

Vesuvius India Limited has informed the stock exchanges regarding a change in its Registrar and Share Transfer Agent (RTA). The company's existing RTA, CB Management Services Private Limited, has merged with MUFG Intime India Private Limited. This amalgamation is effective May 8, 2026, pursuant to an order passed by the Regional Director, Mumbai.

Following this merger, the name of the company's RTA stands changed to MUFG Intime India Private Limited. The new RTA bears the SEBI Registration No. INR000004058. Consequently, MUFG Intime India Private Limited shall act as the Registrar and Share Transfer Agent of the company in place of CB Management Services Private Limited.

New RTA Contact Details

Vesuvius India Limited stated that there is no change in the services rendered to the shareholders and investors. The RTA activities shall continue seamlessly under the new name. The address and other contact details of the new RTA are as follows:

Detail Information
Name MUFG Intime India Private Limited
Address Rasoi Court, 5th Floor, 20 R. N. Mukherjee Road, Kolkata – 700001
Phone +91 033 6906 6200
Website www.in.mpms.mufg.com
Email rana.roychowdhury@in.mpms.mufg.com ; investor.helpdesk@in.mpms.mufg.com

The information is available on the company's website pursuant to Regulation 30(8) of SEBI LODR. The intimation was signed by Saheb Ali, Company Secretary & Compliance Officer of Vesuvius India Limited.

Historical Stock Returns for Vesuvius

1 Day5 Days1 Month6 Months1 Year5 Years
-0.87%-9.73%+4.02%-3.10%-7.05%+363.98%

How might MUFG Intime India's expanded scale following the CB Management Services merger affect the quality and speed of shareholder services for Vesuvius India investors?

Could the consolidation of RTA services under MUFG Intime India signal a broader trend of RTA industry consolidation in India, and how might this impact smaller listed companies?

What regulatory scrutiny might SEBI apply to MUFG Intime India as it absorbs multiple subsidiary RTAs, and could this lead to changes in compliance requirements for listed companies using their services?

Vesuvius India Q1FY27: Net Profit ₹5,585 Lakhs; EBITDA Margin Expands to 18.35%

4 min read     Updated on 10 May 2026, 03:03 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Vesuvius India Limited reported standalone unaudited Q1FY27 results with net profit of ₹5,585 lakhs and total income from operations of ₹49,985 lakhs, up year-on-year from ₹48,222 lakhs. EBITDA margin improved to 18.35% from 17.21%, while basic and diluted EPS stood at ₹2.75. Results were published in Business Standard and Aaj Kal on May 9, 2026, with no interim dividend declared.

powered bylight_fuzz_icon
39727838

*this image is generated using AI for illustrative purposes only.

Vesuvius India Limited reported its standalone unaudited financial results for the quarter ended March 31, 2026, approved by the Board of Directors at its meeting held on May 7, 2026. The results were subjected to a limited review by statutory auditors Price Waterhouse Chartered Accountants LLP, who issued an unmodified conclusion. The financial year of the Company ends on December 31 every year, making the quarter ended March 31, 2026 the first quarter of FY27. Subsequently, the Company published newspaper advertisements of these results in Business Standard (English) and Aaj Kal (Bengali) on May 9, 2026, pursuant to Regulation 33 and 47 of the SEBI (Listing and Obligations and Disclosure Requirements) 2015.

Revenue and Income Performance

Total income from operations for the quarter ended March 31, 2026 stood at ₹49,985 lakhs, reflecting a year-on-year increase from ₹48,222 lakhs recorded in the quarter ended March 31, 2025. Gross sales and revenue from operations for the quarter came in at ₹49,859 lakhs, compared to ₹48,094 lakhs in the corresponding quarter of the prior year. Other income for the quarter was ₹915 lakhs, against ₹976 lakhs in the year-ago period, bringing total income to ₹50,900 lakhs versus ₹49,198 lakhs. On a sequential basis, total income from operations declined from ₹55,077 lakhs in the quarter ended December 31, 2025, while total income fell from ₹58,427 lakhs in the same preceding quarter.

Profitability and Earnings

The following table presents a summary of key financial metrics across comparable periods:

Metric: Q1FY27 (Mar 31, 2026) Q4FY26 (Dec 31, 2025) Q1FY26 (Mar 31, 2025) FY26 (Dec 31, 2025)
Total Income from Operations (₹ lakhs): 49,985 55,077 48,222 210,433
Total Income (₹ lakhs): 50,900 58,427 49,198 216,327
Total Expenses (₹ lakhs): 43,389 47,493 41,229 180,689
Profit Before Tax (₹ lakhs): 7,511 10,934 7,969 35,638
Net Profit (₹ lakhs): 5,585 8,023 5,931 26,408
Total Comprehensive Income (₹ lakhs): 5,542 8,064 5,901 26,233
Basic EPS (₹)*: 2.75 3.95 2.92 13.01
Diluted EPS (₹)*: 2.75 3.95 2.92 13.01

Not annualised for quarterly figures

Profit before tax for the quarter ended March 31, 2026 was ₹7,511 lakhs, compared to ₹7,969 lakhs in the quarter ended March 31, 2025 and ₹10,934 lakhs in the preceding quarter ended December 31, 2025. Net profit for the quarter stood at ₹5,585 lakhs against ₹5,931 lakhs in the year-ago quarter. Basic and diluted earnings per share (face value ₹10/- each) for the quarter were ₹2.75, compared to ₹2.92 in the corresponding quarter of the previous year.

EBITDA Performance

Vesuvius India's EBITDA for the quarter ended March 31, 2026 improved on a year-on-year basis, reflecting stronger operational efficiency. The following table summarises the EBITDA metrics for the comparable periods:

Metric: Q1FY27 (Mar 31, 2026) Q1FY26 (Mar 31, 2025)
EBITDA (Rupees): 914M 830M
EBITDA Margin (%): 18.35% 17.21%

EBITDA rose to 914M rupees from 830M rupees in the year-ago quarter, while EBITDA margin expanded to 18.35% from 17.21% over the same period, indicating improved cost management relative to revenues.

Expense Breakdown

Total expenses for the quarter ended March 31, 2026 amounted to ₹43,389 lakhs, up from ₹41,229 lakhs in the quarter ended March 31, 2025. The key components of expenses for the quarter are detailed below:

Expense Item: Q1FY27 (₹ lakhs) Q1FY26 (₹ lakhs)
Cost of materials consumed: 20,993 19,958
Purchase of stock-in-trade: 7,095 9,109
Changes in inventories: (1,072) (2,180)
Employee benefits expense: 3,604 3,215
Finance costs: 30 30
Depreciation and amortisation: 1,733 1,276
Other expenses: 11,006 9,821

Capital and Dividend

Paid-up equity share capital remained unchanged at ₹2,030 lakhs (face value ₹10/- per share) across all reported periods. Reserves excluding revaluation reserve, as per the balance sheet for the financial year ended December 31, 2025, stood at ₹164,359 lakhs. The Board of Directors did not declare any interim dividend on the equity shares of the Company at its meeting held on May 7, 2026.

Business Segment and Operational Notes

Vesuvius India is engaged in the manufacturing, trading, and sale of a range of refractories, with manufacturing facilities located in India. The Company operates as a single segment, as the performance is assessed by the Chief Operating Decision Maker under the manufacture and sale of refractories segment. The results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 7, 2026. The Board meeting commenced at 3:55 P.M. and concluded at 4:30 P.M. (IST).

Historical Stock Returns for Vesuvius

1 Day5 Days1 Month6 Months1 Year5 Years
-0.87%-9.73%+4.02%-3.10%-7.05%+363.98%

Given the sequential revenue decline from Q4FY26 to Q1FY27, what downstream steel industry demand trends could influence Vesuvius India's refractory sales trajectory for the remainder of FY27?

With depreciation and amortisation rising sharply year-on-year to ₹1,733 lakhs, what capacity expansion or capital investment plans might Vesuvius India pursue to sustain EBITDA margin improvements beyond 18%?

How might rising raw material costs, reflected in the increased cost of materials consumed, impact Vesuvius India's pricing power and margin outlook if global commodity prices remain elevated through FY27?

More News on Vesuvius India

1 Year Returns:-7.05%