RHI MAGNESITA INDIA LIMITED

BSE: RHIM534076ISIN INE743M01012

Industrials
Electrodes & Refractories
BSE 500

Share price

₹364.80+8.90 (+2.50%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹501.80
52W low: ₹323.40
Off 52W high: -27.30%
1M return: -2.11%
3M return: -10.73%
6M return: -10.97%
1Y return: -23.35%
20D avg volume: 9,363
50 DMA: ₹369.30
200 DMA: ₹393.22

Key ratios Consolidated

Market cap: ₹7,533 Cr
Current price: ₹364.80
52W high / low: ₹501.80 / ₹323.40
Face value: ₹1.00
P/E: -21.30
P/B: 2.12
EPS (TTM): ₹-17.12
Book value / share: ₹172.42
ROE: —
ROCE: -7.20%
Operating margin: —
Net margin: —
Debt / equity: 0.09
Net debt: ₹164.20 Cr
Interest cover: -7.64
Dividend yield: 0.69%
Dividend / share (TTM): ₹2.50
Payout: —
Cash conversion cycle: 102.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,014	932.26	1,092	1,035	960.32	917.97	1,011	867.07	878.76	943.29	922.94	986.91
	9.29	24.83	1.55	1.10	1.11	0.89	6.78	15.39	3.01	4.19	1.39	2.80
	1,023	957.09	1,094	1,036	961.42	918.86	1,017	882.46	881.77	947.48	924.33	989.71
	935.84	903.88	1,010	984.68	913.49	881.03	953.18	820.07	783.62	852.72	870.45	891.76
	416.79	384.87	391.48	453.91	400.89	381.32	387.18	428.33	319.92	321.15	323.38	398.61
	198.20	264.83	192.34	208.15	196.81	168.49	176.97	257.50	181.17	115.95	152.05	185.47
	101.35	101.66	97.16	90.45	86.81	105.87	91.25	91.21	95.20	93.32	99.66	87.95
	9.85	7.82	11.40	9.45	8.33	9.36	12.84	9.79	10.59	13.46	16.13	8.54
	49.73	51.17	49.47	49.30	47.08	46.66	54.78	50.31	48.17	44.28	48.16	44.18
	185.29	200.77	188.21	186.48	170.74	173.20	162.25	144.24	147.81	162.32	153.72	157.13
	87.41	53.21	83.55	51.78	47.93	37.83	64.30	62.39	98.14	94.76	53.88	97.95
	0.00	-556.24	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-325.78	0.00	0.00
	87.41	-503.03	83.55	51.78	47.93	37.83	64.30	62.39	98.14	-231.02	53.88	97.95
	22.80	15.08	21.99	13.43	12.66	1.65	16.76	16.48	25.26	26.88	14.50	26.35
	64.61	-518.11	61.56	38.35	35.27	36.18	47.54	45.91	72.88	-257.90	39.38	71.60
	3.13	-25.09	2.99	1.85	1.71	1.75	2.30	2.22	3.53	-12.49	1.92	3.46
Key metrics
	146.99	-444.04	144.42	110.53	103.34	93.85	131.92	122.49	156.90	-173.28	118.17	150.67
	14.50%	-47.60%	13.20%	10.70%	10.80%	10.20%	13.10%	14.10%	17.90%	-18.40%	12.80%	15.30%
	6.40%	-55.60%	5.60%	3.70%	3.70%	3.90%	4.70%	5.30%	8.30%	-27.30%	4.30%	7.30%
	—	-12.60%	—	1.40%	—	1.10%	—	—	—	—	—	—
	5.60%	1.60%	8.00%	19.40%	9.30%	-2.70%	9.50%	-12.10%	—	—	—	—
	83.20%	-1,532.00%	29.50%	-16.50%	-51.60%	114.00%	20.70%	-35.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,074	4,020	3,674	3,781	2,726	1,995
	36.77	28.59	26.07	10.96	14.88	9.66
	4,110	4,049	3,701	3,792	2,741	2,005
	3,834	3,812	3,438	3,482	2,477	1,647
	1,647	1,631	1,517	1,419	1,033	716.75
	863.52	862.13	784.14	689.85	712.00	599.84
	390.62	376.09	383.54	374.37	203.80	123.52
	38.52	37.00	42.57	64.15	39.47	2.18
	199.67	197.02	199.92	182.49	70.90	33.83
	760.75	746.21	627.50	622.84	455.66	294.59
	275.95	236.47	262.66	310.27	264.38	357.48
	-556.24	-556.24	0.00	-325.78	-660.68	0.00
	-280.29	-319.77	262.66	-15.51	-396.30	357.48
	73.30	63.16	60.15	84.60	69.35	88.48
	-353.59	-382.94	202.51	-100.11	-465.65	269.00
	-17.12	-25.09	9.81	-4.88	-27.85	16.71
Key metrics
	-42.10	-85.75	505.15	231.13	-285.93	393.49
	-1.03%	-2.10%	13.70%	6.10%	-10.50%	19.70%
	-8.68%	-9.50%	5.50%	-2.60%	-17.10%	13.50%
	—	-7.20%	7.00%	—	—	—
	8.45%	9.40%	-2.80%	38.70%	36.60%	—
	-314.43%	-289.10%	302.30%	78.50%	-273.10%	—
	—	273.01	253.96	—	—	—
	—	-1.07	1.84	—	—	—
	—	0.09	0.06	—	—	—
	—	164.20	149.08	—	—	—
	—	102.0	117.6	—	—	—
Balance sheet
	—	4,861	5,176	—	—	—
	—	2,587	2,304	—	—	—
	—	157.57	96.75	—	—	—
	—	703.13	732.97	—	—	—
	—	1,099	1,074	—	—	—
	—	388.52	393.24	—	—	—
	—	871.71	856.30	—	—	—
	—	678.07	621.65	—	—	—
	—	939.38	810.45	—	—	—
	—	321.77	245.83	—	—	—
	—	109.23	30.35	—	—	—
	—	212.54	215.48	—	—	—
	—	3,560	3,999	—	—	—
Cash flow
	—	409.10	373.08	—	—	—
	—	-339.33	-113.30	—	—	—
	—	-8.95	-213.07	—	—	—
	—	136.09	119.12	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	863.45	785.71	903.48	862.13	805.27	755.45	774.31	660.94	701.15	736.23	692.41	718.27
	6.80	3.34	0.96	0.60	0.73	-1.67	2.81	1.48	2.64	2.44	1.20	2.17
	870.25	789.05	904.44	862.73	806.00	753.78	777.12	662.42	703.79	738.68	693.61	720.44
	765.39	738.62	812.23	807.13	743.66	702.97	701.81	596.79	594.67	630.91	624.48	633.81
	352.76	335.65	328.72	352.28	331.08	288.58	264.78	267.80	238.81	238.93	215.49	267.30
	201.05	261.85	188.04	251.17	218.63	191.28	199.37	298.46	175.01	101.84	151.42	182.53
	69.98	70.19	64.92	61.27	58.33	73.50	56.65	57.96	61.51	58.50	64.76	52.29
	1.54	1.49	1.82	1.57	1.42	0.76	4.09	2.98	2.89	5.10	3.02	0.77
	20.75	22.83	21.22	20.85	19.05	19.36	19.92	19.42	18.45	17.28	18.67	16.76
	138.85	141.25	135.87	130.13	124.34	124.21	115.63	101.88	106.75	109.70	105.50	104.55
	104.86	50.42	92.21	55.60	62.33	50.81	75.31	65.62	109.12	107.76	69.13	86.63
	0.00	-660.92	0.00	0.00	0.00	0.00	—	—	—	-309.36	—	—
	104.86	-610.50	92.21	55.60	62.33	50.81	75.31	65.62	109.12	-201.60	69.13	86.63
	26.67	13.92	23.31	14.31	15.79	14.41	19.14	16.83	27.48	28.42	17.76	23.07
	78.19	-624.42	68.90	41.29	46.54	36.39	56.17	48.80	81.64	-230.02	51.37	63.56
	3.79	-30.24	3.34	2.00	2.25	1.76	2.72	2.36	3.95	-11.14	2.49	3.08
Key metrics
	127.15	-586.18	115.25	78.02	82.80	70.93	99.32	88.02	130.46	-179.22	90.82	104.16
	14.70%	-74.60%	12.80%	9.00%	10.30%	9.40%	12.80%	13.30%	18.60%	-24.30%	13.10%	14.50%
	9.10%	-79.50%	7.60%	4.80%	5.80%	4.80%	7.30%	7.40%	11.60%	-31.20%	7.40%	8.80%
	—	-16.80%	—	1.40%	—	1.20%	—	—	—	—	—	—
	7.20%	4.00%	16.70%	30.40%	14.80%	2.60%	11.80%	-8.00%	—	—	—	—
	68.00%	-1,815.90%	22.70%	-15.40%	-43.00%	115.80%	9.30%	-23.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,415	3,357	2,892	2,824	2,488	1,991
	11.70	5.63	5.26	7.43	13.04	9.39
	3,426	3,362	2,897	2,832	2,501	2,000
	3,123	3,102	2,596	2,488	2,186	1,644
	1,369	1,348	1,060	993.28	900.62	714.63
	902.11	919.69	864.12	644.91	702.06	599.84
	266.36	254.71	249.62	230.59	170.69	123.01
	6.42	6.30	10.72	16.03	20.61	2.18
	85.65	83.95	77.15	68.15	41.78	33.63
	546.10	531.59	448.47	424.06	374.44	294.28
	303.09	260.57	300.86	343.77	315.84	356.10
	-660.92	-660.92	0.00	-309.36	-660.68	—
	-357.83	-400.35	300.86	34.41	-344.85	356.10
	78.21	67.33	77.86	89.79	81.94	88.18
	-436.04	-467.69	223.00	-55.38	-426.79	267.92
	-21.11	-22.65	10.80	-2.69	-25.50	16.64
Key metrics
	-265.76	-310.10	388.73	118.59	-282.46	391.91
	-7.78%	-9.20%	13.40%	4.20%	-11.40%	19.70%
	-12.77%	-13.90%	7.70%	-2.00%	-17.20%	13.50%
	—	-10.90%	7.50%	—	—	—
	13.98%	16.10%	2.40%	13.50%	25.00%	—
	-332.06%	-309.70%	502.70%	87.00%	-259.30%	—
	—	218.25	171.63	—	—	—
	—	-0.67	1.16	—	—	—
	—	0.01	0.00	—	—	—
	—	-46.83	-70.94	—	—	—
	—	88.8	107.1	—	—	—
Balance sheet
	—	4,346	4,740	—	—	—
	—	2,037	1,784	—	—	—
	—	100.11	70.94	—	—	—
	—	578.56	606.25	—	—	—
	—	842.34	770.72	—	—	—
	—	319.83	319.07	—	—	—
	—	547.62	511.35	—	—	—
	—	604.06	528.50	—	—	—
	—	723.79	599.51	—	—	—
	—	53.28	0.00	—	—	—
	—	53.28	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	3,553	4,075	—	—	—
Cash flow
	—	311.68	259.12	—	—	—
	—	-275.63	-85.09	—	—	—
	—	-6.89	-135.24	—	—	—
	—	93.43	87.49	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.49%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +13.98%
Profit YoY (TTM): -332.06%

Consolidated

Sales CAGR 3Y: +13.82%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +8.45%
Profit YoY (TTM): -314.43%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 56.08%

Quarter	September 2026	June 2026
Promoter %	56.08%	56.08%

Holder	Type	Holding	Previous	Change
DUTCH US HOLDING BV	Promoter	40.03%	40.03%	0.00%
DUTCH BRASIL HOLDING B.V.	Promoter	9.99%	9.99%	0.00%
SBI SMALL CAP FUND	Public	8.10%	—	—
VRD AMERICAS B.V.	Promoter	6.06%	6.06%	0.00%
BANDHAN FLEXI CAP FUND	Public	3.64%	—	—
ICICI PRUDENTIAL MANUFACTURING FUND	Public	2.38%	3.10%	-0.72%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AX	Public	2.35%	2.37%	-0.02%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	Public	2.23%	1.02%	+1.21%
CLARUS CAPITAL I	Public	1.97%	—	—
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	1.52%	—	—
BAJAJ FINSERV FLEXI CAP FUND	Public	1.33%	1.33%	0.00%
HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND	Public	1.15%	1.44%	-0.29%
JOHN ALBERT GUNN	Public	0.07%	—	—
MIMI AGARWALLA	Public	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Graphite India Ltd.	14,495	741.90	73.43	4.40%	+21.02% TTM	-4.22% TTM	+20.99%
HEG Advanced Materials Limited	9,513	288.45	18.24	6.70%	+1.43% TTM	+102.26% TTM	—
RAGHAV PRODUCTIVITY ENHANCERS LIMITED	8,291	1,805.40	117.62	27.70%	+38.23% TTM	+55.04% TTM	+99.93%
RHI MAGNESITA INDIA LIMITED	7,533	364.80	-21.30	-7.20%	+8.45% TTM	-314.43% TTM	-23.35%
Vesuvius India Ltd. S	7,511	370.05	—	—	+4.43% TTM	+3.24% TTM	-25.07%
IFGL Refractories Limited	1,242	172.25	30.28	4.90%	+15.37% TTM	+40.53% TTM	-29.62%
FOSECO CRUCIBLE INDIA LIMITED S	1,007	1,798.75	35.11	18.90%	+5.61% TTM	+13.45% TTM	+15.53%
ORIENT CERATECH LIMITED	465	38.86	17.80	9.90%	+24.03% TTM	+130.83% TTM	+6.47%
De Nora India Limited S	369	695.80	64.55	9.20%	+12.75% TTM	+115.85% TTM	-14.47%
Panasonic Carbon India Co.Ltd S	187	388.90	9.72	16.00%	-9.34% TTM	-9.27% TTM	-20.33%
Nilachal Refractories Ltd. S	73	36.08	-9.70	164.60%	+40.40% TTM	+64.12% TTM	-8.03%

Filings & corporate actions

Recent announcements

Intimation on Schedule of Conference Call4 Nov 2026 · Company Update / Analyst / Investor Meet
Rhi Magnesita India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve Intimation of Board Meeting28 Oct 2026 · Board Meeting / Board Meeting
Please find enclosed herewith Certificate Under Regulation 74(5) of SEBI (DP) Regulations, 201812 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Appointment of Mr. Pankaj Malhan (DIN: 08516185) as Director of the Company as well as Managing Director and CEO of the Company30 Sep 2026 · Company Update / Change in Directorate
Appointment of Statutory Auditor of the Company30 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Voting Results + Scrutinizer''s Report30 Sep 2026 · AGM/EGM / AGM
Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed herewith Proceedings of the 16th Annual General Meeting of the Company29 Sep 2026 · AGM/EGM / AGM
Investor Meet and plant visit is scheduled for 30 September 202624 Sep 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dalmia Bharat Refractories Ltd24 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund24 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dalmia Bharat Refractories Ltd23 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Intimation enclosed22 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation enclosed9 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation enclosed9 Sep 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication enclosed7 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed herewith letter to shareholders whose email is not registered4 Sep 2026 · Company Update / General
Please find enclosed herewith Business Responsibility and Sustainability Report for the Fy 2025-264 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed herewith Notice of Annual General Meeting 2025-264 Sep 2026 · AGM/EGM / AGM
Submission of Annual Report for the financial Year 2025-264 Sep 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication is enclosed2 Sep 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of SEBI (LODR) Regulations, 20151 Sep 2026 · Company Update / General
The Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, 15 September 2026 to Tuesday, 22 September 2026 (both days inclusive)1 Sep 2026 · Company Update / General
Record Date for determining the entitlement of Members to receive the final dividend for FY 2025-26.1 Sep 2026 · Corp. Action / Record Date
16th Annual General Meeting of members of the Company will be held on Tuesday, 29th September 2026 at 11:00 A.M. (IST)1 Sep 2026 · AGM/EGM / AGM
Intimation enclosed19 Aug 2026 · Company Update / Analyst / Investor Meet
Intermetal wholly owned subsidiary company of RHI Magnesita India Limited has received letter today 18 August 202618 Aug 2026 · Company Update / General
Transcript enclosed18 Aug 2026 · Company Update / Earnings Call Transcript
Investor''s /Analyst One-on-One /Group Meeting has been cancelled17 Aug 2026 · Company Update / General
Intimation enclosed14 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
Intimation enclosed14 Aug 2026 · Others / Outcome without intimation
Intimation enclosed14 Aug 2026 · Company Update / Resignation of Statutory Auditors
Investor Meet Intimation12 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Meet Intimation12 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Meet Intimation12 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation enclosed12 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication enclosed12 Aug 2026 · Company Update / Newspaper Publication
Investor presentation enclosed11 Aug 2026 · Company Update / Investor Presentation
Press release enclosed11 Aug 2026 · Company Update / Press Release / Media Release
Intimation enclosed11 Aug 2026 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.5000	11 Sep 2026	14 Sep 2026	—
Final Dividend - Rs. - 2.5000	12 Sep 2025	12 Sep 2025	—
Final Dividend - Rs. - 2.5000	5 Sep 2024	—	—

Board meetings

13 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results