RHI Magnesita

Why is RHI Magnesita India Ltd falling/rising?

As of 15-Jun, RHI Magnesita India Ltd's stock price is rising due to recent gains and sector outperformance, but it faces significant challenges with an 18.03% year-to-date decline and a 25.53% drop over the past year. The stock's longer-term bearish trend is indicated by trading below moving averages and decreased investor participation.

As of 15-Jun, RHI Magnesita India Ltd's stock price is rising, currently at 375.80, reflecting an increase of 8.35 (2.27%). This upward movement can be attributed to a few key factors. Firstly, the stock has outperformed its sector by 0.95% today and has shown consecutive gains over the last two days, with a total return of 4.99% during this period. Additionally, the stock reached an intraday high of Rs 380, marking a rise of 3.42%.<BR><BR>Despite these positive short-term movements, it is important to note that the stock has been underperforming over longer periods, with a year-to-date decline of 18.03% and a one-year drop of 25.53%. The stock is currently trading below its moving averages across various time frames, indicating a longer-term bearish trend. Furthermore, there has been a significant decrease in investor participation, with delivery volume falling by 57.8% compared to the five-day average.<BR><BR>While the company has a strong ability to service debt, as evidenced by a low Debt to EBITDA ratio of 1.01 times and an attractive valuation with a Price to Book Value of 2.2, the recent quarterly performance has shown declines in key financial metrics. The profit after tax has fallen by 11.0%, and net sales decreased by 6.9% compared to the previous four-quarter average. This consistent underperformance against benchmarks over the last three years adds to the complexity of the stock's performance.<BR><BR>In summary, RHI Magnesita India Ltd is experiencing a rise in its stock price in the short term due to recent gains and sector outperformance, but it faces significant challenges and declines in longer-term performance metrics.

Which are the latest news on RHI Magnesita?

How big is RHI Magnesita?

As of 10th June, RHI Magnesita India Ltd has a market capitalization of 7,781.00 Cr, with recent net sales of 4,019.95 Cr and a net profit loss of 382.93 Cr over the last four quarters. Shareholder's funds are 3,998.62 Cr, and total assets are 5,133.50 Cr.

As of 10th June, <BR><BR>Market Cap: RHI Magnesita India Ltd has a market capitalization of 7,781.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 4,019.95 Cr, while the sum of Net Profit for the same period reflects a loss of 382.93 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 3,998.62 Cr, and Total Assets are valued at 5,133.50 Cr.

Who are in the management team of RHI Magnesita?

The management team of RHI Magnesita includes Pramod Sagar (Managing Director & CEO), Vijay Sharma (Chairman), Sanjay Kumar (Company Secretary), and several directors, including Erwin Jankovits, Gustavo Franco, Sonu Chadha, Nazim Sheikh, and Ticiana Kobel. They are responsible for the company's strategic direction and operations.

The management team of RHI Magnesita includes the following key members:<BR><BR>- **Pramod Sagar**: Managing Director & CEO<BR>- **Vijay Sharma**: Chairman & Independent Director<BR>- **Sanjay Kumar**: Company Secretary & Compliance Officer<BR>- **Erwin Jankovits**: Director<BR>- **Gustavo Franco**: Director<BR>- **Sonu Chadha**: Independent Director<BR>- **Nazim Sheikh**: Independent Director<BR>- **Ticiana Kobel**: Non-Executive Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the RHI Magnesita?

RHI Magnesita's peers include Graphite India, HEG, Vesuvius India, Raghav Products, IFGL Refractories, Foseco Crucible, Orient Ceratech, DE Nora India, and Panasonic Carbon. Management risk varies from excellent at Vesuvius India and Panasonic Carbon to below average at Orient Ceratech, with RHI Magnesita showing average growth and a 1-year return of -20.77%.

Peers: The peers of RHI Magnesita are Graphite India, HEG, Vesuvius India, Raghav Product., IFGL Refractori., Foseco Crucible, Orient Ceratech, DE Nora India, and Panasonic Carbon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vesuvius India and Panasonic Carbon, while Average management risk is found at Graphite India, HEG, RHI Magnesita, Raghav Product., IFGL Refractori., Foseco Crucible, DE Nora India, and Royal Arc Ele. Below Average management risk is noted at Orient Ceratech. Growth is Excellent at Vesuvius India, Good at Raghav Product. and Orient Ceratech, Average at RHI Magnesita, Graphite India, HEG, Foseco Crucible, and DE Nora India, and Below Average at IFGL Refractori. The rest have Below Average growth. Capital Structure is Excellent for Graphite India, HEG, Vesuvius India, RHI Magnesita, Raghav Product., IFGL Refractori., DE Nora India, and Panasonic Carbon, while Good is seen at Orient Ceratech.<BR><BR>Return Snapshot: Raghav Product. has the highest 1-year return at 66.00%, while Vesuvius India has the lowest at -26.30%. RHI Magnesita's 1-year return of -20.77% is better than Vesuvius India but worse than Raghav Product. Additionally, the six-month return is negative for Graphite India, HEG, Vesuvius India, RHI Magnesita, IFGL Refractori., Foseco Crucible, and Royal Arc Ele.

What does RHI Magnesita do?

RHI Magnesita India Ltd is a leading manufacturer of refractories for the steel industry, with a market cap of INR 7,781 Cr. As of March 2026, it reported net sales of 932 Cr and a net profit of -518 Cr.

Overview:<BR>RHI Magnesita India Ltd is a leading manufacturer of refractories for the steel industry, operating within the small-cap category of the Electrodes & Refractories industry.<BR><BR>History:<BR>The company was formerly known as Orient Refractories Limited and has undergone a name change. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 932 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -518 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 7,781 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 44.00<BR>- Industry P/E: 38<BR>- Dividend Yield: 0.65%<BR>- Debt-Equity: 0.02<BR>- Return on Equity: 4.87%<BR>- Price to Book: 2.23<BR><BR>Contact Details:<BR>Address: C-604 Neelkanth Business Park, Opp Railway Stat Vidhyavihar-W Mumbai Maharashtra : 400086<BR>Tel: 91-22-66090600<BR>Email: bhi_ho@RHIMagnesita.com<BR>Website: http://www.rhimagnesitaindia.com

Should I buy, sell or hold RHI Magnesita India Ltd?

When is the next results date for RHI Magnesita India Ltd?

The next results date for RHI Magnesita India Ltd is 28 May 2026.

The next results date for RHI Magnesita India Ltd is scheduled for 28 May 2026.

Are RHI Magnesita India Ltd latest results good or bad?

RHI Magnesita India Ltd's Q3 FY26 results are positive, with a net profit of ₹61.56 crore, up 60.52% from the previous quarter, and revenue growth of 5.47%. However, the nine-month results show a 16.47% decline in net profit year-on-year, indicating some underlying challenges despite the strong quarterly performance.

RHI Magnesita India Ltd's latest results for Q3 FY26 can be considered quite positive overall. The company reported a net profit of ₹61.56 crore, which is a significant increase of 60.52% compared to the previous quarter. This marks a strong turnaround from the modest profit of ₹38.35 crore in Q2 FY26.<BR><BR>Additionally, the revenue for the quarter reached ₹1,092.01 crore, reflecting a growth of 5.47% quarter-on-quarter and an 8.04% increase year-on-year. The operating margin improved to 13.08%, the highest in seven quarters, indicating enhanced operational efficiency.<BR><BR>However, it's important to note that while the quarterly performance is strong, the nine-month results for FY26 show a decline in net profit of 16.47% year-on-year. This suggests that the impressive Q3 results may not fully offset earlier weaknesses in the fiscal year.<BR><BR>In summary, while the latest quarterly results are strong and demonstrate significant improvement, there are underlying challenges that investors should consider. The company is showing operational strength, but the overall year-to-date performance raises some caution.

How has been the historical performance of RHI Magnesita?

RHI Magnesita's historical performance shows significant growth in net sales from 1,370.38 Cr in March 2021 to 3,674.50 Cr in March 2025, with a notable recovery in profitability, achieving a profit after tax of 202.51 Cr in March 2025 after previous losses. The company maintains a balanced financial position with total assets and liabilities at 5,133.50 Cr and improved cash flow from operating activities.

Answer:<BR>The historical performance of RHI Magnesita shows a fluctuating trend in net sales, with a peak of 3,781.10 Cr in March 2024, followed by a slight decline to 3,674.50 Cr in March 2025. The company has experienced significant growth from 1,370.38 Cr in March 2021 to 3,674.50 Cr in March 2025. Operating profit (PBDIT) has also varied, reaching 505.16 Cr in March 2025, down from 556.91 Cr in March 2024. The profit before tax turned positive at 262.66 Cr in March 2025, recovering from a loss of 15.51 Cr in March 2024. The profit after tax showed a strong recovery, reaching 202.51 Cr in March 2025 after a loss of 100.11 Cr in the previous year. <BR><BR>Breakdown:<BR>RHI Magnesita's financial performance indicates a notable recovery in recent years, particularly in 2025, where net sales reached 3,674.50 Cr, a significant increase from 1,370.38 Cr in 2021. The operating profit margin, although slightly decreased to 13.04% in March 2025 from 14.44% in March 2024, reflects a healthy operational efficiency. The company turned around its profit before tax from a negative figure of -15.51 Cr in March 2024 to a positive 262.66 Cr in March 2025, showcasing a strong recovery. Furthermore, the profit after tax also rebounded to 202.51 Cr in March 2025, following two consecutive years of losses. The total assets of the company stood at 5,133.50 Cr in March 2025, with total liabilities at 5,133.50 Cr, indicating a balanced financial position. Cash flow from operating activities improved to 373.00 Cr in March 2025, contributing to a net cash inflow of 46.00 Cr, contrasting with the previous year's outflow. Overall, RHI Magnesita's financial metrics reflect a positive trajectory, particularly in profitability and cash flow management.

Is RHI Magnesita overvalued or undervalued?

As of November 27, 2025, RHI Magnesita is considered undervalued with a PE ratio of 61.42 and an attractive valuation grade, despite a year-to-date return of -7.07%, especially when compared to its peers Vesuvius India and IFGL Refractories, which are deemed very expensive.

As of 27 November 2025, RHI Magnesita's valuation grade has moved from expensive to attractive, indicating a shift in market perception. The company is currently deemed undervalued, with a PE ratio of 61.42, an EV to EBITDA of 23.27, and a Price to Book Value of 2.40. In comparison, its peers such as Vesuvius India and IFGL Refractories are classified as very expensive, with PE ratios of 40.27 and 52.45, respectively, highlighting RHI Magnesita's relative attractiveness in the market.<BR><BR>Despite recent underperformance with a year-to-date return of -7.07% compared to the Sensex's 9.70%, the company's fundamentals suggest a promising outlook. The PEG ratio stands at 0.00, indicating potential growth opportunities, while the ROCE and ROE are relatively low at 5.33% and 3.91%, respectively. Overall, RHI Magnesita appears to be undervalued in the current market context, especially when compared to its peers.

Is RHI Magnesita technically bullish or bearish?

As of November 26, 2025, the stock trend is mildly bearish with a current price of 478.90, showing short-term strength but underperforming the Sensex over various time frames.

As of 26 November 2025, the technical trend has changed from bearish to mildly bearish. The current price is 478.90, which is above the previous close of 460.80, indicating some short-term strength. However, the stock has underperformed the Sensex over multiple time frames, particularly year-to-date and over the past year. The 52-week high of 579.90 and the low of 376.75 suggest a wide range of volatility. Overall, the stance is mildly bearish, driven by the recent trend change and relative underperformance compared to the broader market.

Who are the top shareholders of the RHI Magnesita?

The top shareholders of RHI Magnesita include Dutch Us Holding Bv with 40.03%, Dalmia Bharat Refractories Limited at 13.08%, and individual investors with 9.12%. Additionally, mutual funds hold 12.63%, while foreign institutional investors own 4.99%.

The top shareholders of RHI Magnesita include Dutch Us Holding Bv, which holds the largest stake at 40.03%. Other significant shareholders are Dalmia Bharat Refractories Limited, with a holding of 13.08%, and individual investors, who collectively own 9.12%. Additionally, mutual funds hold 12.63% of the shares through 19 different schemes, while foreign institutional investors (FIIs) own 4.99% through 80 different entities.

Has RHI Magnesita declared dividend?

Yes, RHI Magnesita India Ltd has declared a 250% dividend, amounting to ₹2.5 per share, with an ex-date of September 5, 2024. While the company shows mixed total returns, it has experienced negative returns in the short term and positive returns over the longer term.

RHI Magnesita India Ltd has declared a 250% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 250%<BR>- Amount per share: 2.5<BR>- Ex-date: 05 Sep 2024<BR><BR>Dividend Yield: 0.55%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.76%, the dividend return was 0%, resulting in a total return of -18.76%.<BR><BR>Over the past year, the price return was -32.74%, with a dividend return of 0.37%, leading to a total return of -32.37%.<BR><BR>In the 2-year period, the price return was -31.88%, the dividend return was 0.74%, culminating in a total return of -31.14%.<BR><BR>For the last 3 years, the price return was -20.36%, with a dividend return of 1.61%, resulting in a total return of -18.75%.<BR><BR>Over the past 4 years, the price return was 43.56%, the dividend return was 3.05%, giving a total return of 46.61%.<BR><BR>In the 5-year period, the price return was 174.17%, the dividend return was 7.09%, leading to a total return of 181.26%.<BR><BR>Overall, RHI Magnesita has declared a significant dividend, but the total returns over various periods show a mixed performance, with negative returns in the shorter terms and positive returns over the longer term.