RHI Magnesita
452.45
-10.20(-2.20%)
Market Cap₹9,343.16 Cr
PE Ratio61.99
Company Performance:
1D-2.20%
1M+0.71%
6M-3.18%
1Y-12.62%
5Y+101.90%
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More news about RHI Magnesita
12Aug 25
RHI Magnesita Unveils Ambitious Expansion Plans and Market Share Targets
RHI Magnesita, a global refractory products supplier, unveiled significant expansion plans and market share targets. The company plans to double its capital expenditure, aiming to maintain elevated investment levels. In the cement market, RHI Magnesita's share surged from 12-13% to 42-43% following the Dalmia acquisition. The company set FY26 targets of 13.70% EBITDA margin and 8-9% volume growth. In the iron-making segment, RHI Magnesita aims to increase its market share from 13% to 25-30% over 2-3 years. The company also plans to localize high-margin product production in India using recently acquired factories.
11Aug 25
RHI Magnesita India Reports Q1 Revenue Growth Amid Profit Decline
RHI Magnesita India's Q1 financial results show a 14.29% year-over-year revenue increase to ₹8.00 billion. However, net profit declined 43.01% to ₹465.00 million. EBITDA decreased to ₹821.00 million from ₹1.30 billion, with EBITDA margin compressing from 18.32% to 10.19%. The contrasting trends suggest challenges in maintaining profit margins despite revenue growth.
08Aug 25
RHI Magnesita India Reports Growth in Q1, Advances Robotic Steelmaking Technology
RHI Magnesita India Limited reported a 4.6% increase in Q1 consolidated revenue to Rs 960.32 crore, with EBITDA rising 10% to Rs 103.33 crore. The company deployed India's first complete robotic solution in a continuous casting system at a major steel plant. Through its subsidiary, it acquired Ashwath Technologies Private Limited for Rs 14.12 crore to enhance steel flow control machinery capabilities. The company maintains a 30% market share in the Indian refractory market, which is projected to grow at a CAGR of 6-8%.
08Aug 25
RHI Magnesita India Reports Mixed Q1 Results with Revenue Growth but Lower Profitability
RHI Magnesita, a leading refractory manufacturer, reported Q1 revenue growth to 8.00 billion rupees from 7.00 billion rupees year-over-year. However, profitability declined significantly. EBITDA fell to 821.00 million rupees from 1.30 billion rupees, with EBITDA margin compressing to 10.19% from 18.32%. Net profit decreased to 465.00 million rupees from 816.00 million rupees in the previous year's Q1.
01Aug 25
RHI Magnesita India's Subsidiary Completes ₹14.12 Crore Acquisition of Ashwath Technologies
RHI Magnesita India Limited's wholly-owned subsidiary, Intermetal Engineers (India) Private Limited, has completed the acquisition of 100% shareholding in Ashwath Technologies Private Limited for ₹14.12 crore. The transaction, finalized on August 1, 2025, involved the purchase of 10,000 equity shares with a face value of ₹10 each. This strategic move is expected to enhance RHI Magnesita's technological capabilities and market position in the refractory industry. The company has duly informed the stock exchanges about this development in compliance with SEBI regulations.
29May 25
RHI Magnesita India Swings to Profit in Q4, Announces Dividend
RHI Magnesita India has reported a significant turnaround in Q4 FY2023, with a net profit of ₹364.00 million compared to a ₹2.30 billion loss in the same quarter last year. Revenue increased to ₹7.55 billion from ₹7.36 billion year-over-year. The company's board has recommended a final dividend of ₹2.50 per share.
28May 25
RHI Magnesita India Reports Mixed Q4 Results, Recommends Dividend
RHI Magnesita India's Q4 results show revenue growth of 2.58% to 7.55 billion rupees, but EBITDA declined 43.28% to 726.00 million rupees. The company turned a profit of 364.00 million rupees, recovering from a 2.30 billion rupee loss in the previous year. EBITDA margin contracted to 9.61% from 17.35%. The board recommended a final dividend of 2.50 rupees per share.
04Mar 25
RHI Magnesita India's Subsidiary to Acquire Ashwath Technologies for ₹140 Crore
RHI Magnesita India's wholly-owned subsidiary, Intermetal Engineers, has agreed to acquire 100% of Ashwath Technologies Private Limited for ₹140 crore. The deal involves purchasing 10,000 equity shares with a face value of ₹10 each. This strategic move aims to strengthen RHI Magnesita's market position in the refractory solutions sector. Separately, the company announced the resignation of Mr. Mayank Kulshreshtha, Head of Supply Chain, Procurement & Commercial India, West Asia & Africa, effective June 2, 2025.
RHI Magnesita
452.45
-10.20
(-2.20%)
1 Year Returns:-12.62%
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