Electrodes & Refractories company RHI Magnesita India announced Q2FY26 results Revenue from operations at Rs 1,035 crore (+8% QoQ). Shipment Volumes at 141 KT (+9% QoQ). EBITDA at Rs 111 crore (+7% QoQ). PAT at Rs 38 crore (+9% QoQ). Parmod Sagar, Chairman, MD & CEO, RHI Magnesita India, said: “We are pleased to report the highest quarterly turnover in our history with revenue crossing Rs 1,000 crore once again. Our market position continues to strengthen with a strong uptick across all segments, underlining the trust that customers have placed in us. This milestone is another testament to our strong execution and business fundamentals even as we navigate persistent market challenges, including input cost pressures. Our Iron making segment along with 4PRO solutions model are delivering consistent value, and we are confident of our growth momentum and long-term value creation for our stakeholders focusing on profitable and value led growth.” Result PDF
Conference Call with RHI Magnesita India Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Electrodes & Refractories company RHI Magnesita India announced Q1FY26 results Shipment volumes increased by 4%QoQ. Revenue at Rs 960 crore, increased by 5% QoQ. EBITDA at Rs 103 crore, higher by 10% QoQ. PBT at Rs 48 crore, higher by 27% QoQ. A consistent reduction in Net Debt to EBITDA, improving from 0.3x to 0.2x. Acquisition of Ashwath Technologies at Rs 14 crore on 1st August, 2025 to strengthen steel flow control machinery capabilities in India. Parmod Sagar, Chairman, MD & CEO of RHI Magnesita India, said: “Our Q1FY26 performance underscores the strength of our operating model, even in a highly commoditized and uncertain market. Our resilience is paying off where we are able to gain market share and improve our financial results. Refractory market remains competitive, but we are confident in our market positioning & strategic levers to drive growth, improving our productivity and performing safe operations at all our locations. We are also happy to share a historic milestone of deploying a full end to end robotic solution in a continuous casting system in one of the largest steel plants in India as a testament to our focus on 4PRO business model. We will deploy such business models in many more plants.” Result PDF
Electrodes & Refractories company RHI Magnesita India announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations for Q4FY25 was Rs 917 crore PAT for Q4FY25 was Rs 36 crore FY25 Financial Highlights: Revenue from operations for FY25 was Rs 3,675 crore EBITDA for FY25 was Rs 505 crore PAT for FY25 was Rs 203 crore Net Debt/EBITDA ratio at 0.3x Commenting on the results, Parmod Sagar – Chairman, MD & CEO of RHI Magnesita India said, “Despite a challenging market environment marked by commoditization, flat shipment volumes, and lower realization rates in the refractory industry, our resilient business fundamentals enabled us to deliver the highest-ever cash flow in FY25. This was achieved even amid sustained margin pressures stemming from elevated raw material costs, which could not be fully passed on to our customers. We remain confident in our growth trajectory, driven by the continued rise in steel and cement production, along with a robust order book. Our strategic investments in the Ironmaking Excellence Center, secondary raw materials, and research & development will further enhance our cost competitiveness and strengthen our market position. I believe the recent additions to our Board with strong industry background will be a true value generation for our shareholders and our company.” Result PDF
Conference Call with RHI Magnesita India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Goods company RHI Magnesita India announced Q3FY25 results Revenue from operations for Q3FY25 was Rs 1,011 crore, QoQ growth of 17%. Operating EBITDA for Q3FY25 was Rs 132 crore, QoQ growth of 8%. PAT for Q3FY25 was Rs 48 crore, a QoQ increase of 3.5%. Shipment volume increased by 20%, QoQ. Parmod Sagar – Chairman, MD & CEO of RHI Magnesita India, said: "We are pleased to report a strong Q3FY25 performance amid persistent global headwinds and market volatility. This quarter marks a significant milestone for RHI Magnesita India as we crossed Rs 1,000 crore in quarterly revenue for the first time. This achievement is a testament to our disciplined execution, strong market positioning, and continued strategic expansion. Despite rising raw material costs, we were able to achieve EBITDA growth of 8% driven by our operational efficiencies. We acknowledge near term challenges due to the global market environment, however, we remain cautiously optimistic about the mid?term goals.” Result PDF
Industrial Goods company RHI Magnesita India announced Q2FY25 results Income from the quarter was Rs. 882 crore in Q2FY25, flat QoQ. Shipment volume increased by 4.8% as against Q1 FY25. EBITDA Margin was at 14.1% in Q2FY25, and 16% in H1 FY25, up by 1.1% as against H1FY24. Flat Net Debt/EBITDA ratio at 0.3x and reduced by 0.3x from H1FY24 Parmod Sagar, MD & CEO of RHI Magnesita India, said: “RHI Magnesita India successfully navigated through a dynamically evolving steel and cement market during the first half. We have maintained our market leadership position demonstrating resilience despite market headwinds including pricing pressure from imported refractories and raw materials. The latter half of the fiscal year looks more promising, with anticipated growth led by our customers planned commissioning of projects and infrastructure initiatives. The Company’s performance in H1 underscores our commitment to operational efficiency and financial prudence.” Result PDF
Other Industrial Goods company RHI Magnesita India announced Q1FY25 results: Financial Highlights: Revenue: Rs 87,876 Lakh, a decrease of 7% YoY. Working Capital Intensity: 39%, up by 6%. Profit After Tax (PAT): Rs 7,288 Lakh, a substantial increase of Rs 33,330 Lakh. Earnings Per Share (EPS): Rs 14.1, reflecting a 20% growth. EBITDA: Rs 15,690 Lakh, up by 3%. Capital Expenditure (Capex): Rs 2,005 Lakh, a decrease of 57%. Operating Cash Flow: Rs 16,032 Lakh. Net Debt/EBITDA Ratio: 0.3x, down by 45%. Result PDF