RHI MAGNESITA INDIA LTD.
RHIMIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
12 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 12 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20230818 | 2023-03-31 | yes | |
| TRANSCRIPT | 20231115 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240220 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240603 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240821 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241113 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250218 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250604 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250814 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251118 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260603 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260818 | 2026-06-30 | yes |
RHIM
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 383.80 |
| 52-week range | 334.1 – 492.05 |
| Return 1M | 3.67% |
| Return 3M | 2.02% |
| Return 1Y | -16.84% |
| Return 3Y | -47.44% |
| Return 5Y | 7.46% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,014.00 |
| Other income | 9.00 |
| Total income | 1,023.00 |
| Cost of materials consumed | 417.00 |
| Purchases of stock-in-trade | 198.00 |
| Changes in inventories | -25.00 |
| Employee benefit expense | 101.00 |
| Finance costs | 10.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.56 | 0.00 |
| institutions foreign | 0.04 | -0.00 |
| institutions domestic | 0.14 | 0.01 |
| mutual funds | 0.14 | 0.01 |
| public | 0.44 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 12 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 602.00 | 600.00 | 645.00 | 875.00 | 928.00 | 987.00 | 923.00 | 943.00 | 879.00 | 867.00 | 1,011.00 | 960.00 | 1,035.00 | 1,092.00 | 932.00 | 1,014.00 |
| Other income | 4.00 | 4.00 | 4.00 | 7.00 | 3.00 | 3.00 | 1.00 | 4.00 | 3.00 | 15.00 | 7.00 | 1.00 | 1.00 | 2.00 | 25.00 | 9.00 |
| Total income | 606.00 | 604.00 | 649.00 | 881.00 | 931.00 | 990.00 | 924.00 | 947.00 | 882.00 | 882.00 | 1,017.00 | 961.00 | 1,036.00 | 1,094.00 | 957.00 | 1,023.00 |
| Cost of materials consumed | 207.00 | 253.00 | 202.00 | 372.00 | 376.00 | 399.00 | 323.00 | 321.00 | 320.00 | 428.00 | 387.00 | 401.00 | 454.00 | 391.00 | 385.00 | 417.00 |
| Purchases of stock-in-trade | 183.00 | 220.00 | 121.00 | 188.00 | 236.00 | 185.00 | 152.00 | 116.00 | 181.00 | 257.00 | 177.00 | 197.00 | 208.00 | 192.00 | 265.00 | 198.00 |
| Changes in inventories | -26.00 | -101.00 | 103.00 | -14.00 | -60.00 | 10.00 | 77.00 | 102.00 | -19.00 | -161.00 | 68.00 | 3.00 | -13.00 | 80.00 | -107.00 | -25.00 |
| Employee benefit expense | 38.00 | 40.00 | 40.00 | 86.00 | 93.00 | 88.00 | 100.00 | 93.00 | 95.00 | 91.00 | 91.00 | 87.00 | 90.00 | 97.00 | 102.00 | 101.00 |
| Finance costs | -0.00 | -2.00 | 7.00 | 34.00 | 26.00 | 9.00 | 16.00 | 13.00 | 11.00 | 10.00 | 13.00 | 8.00 | 9.00 | 11.00 | 8.00 | 10.00 |
| Depreciation and amortisation | 9.00 | 9.00 | 10.00 | 42.00 | 46.00 | 44.00 | 48.00 | 44.00 | 48.00 | 50.00 | 55.00 | 47.00 | 49.00 | 49.00 | 51.00 | 50.00 |
| Other expenses | 85.00 | 87.00 | 87.00 | 196.00 | 150.00 | 157.00 | 154.00 | 162.00 | 148.00 | 144.00 | 162.00 | 171.00 | 186.00 | 188.00 | 201.00 | 185.00 |
| Total expenses | 495.00 | 507.00 | 570.00 | 904.00 | 867.00 | 892.00 | 870.00 | 853.00 | 784.00 | 820.00 | 953.00 | 913.00 | 985.00 | 1,010.00 | 904.00 | 936.00 |
| Profit before exceptional items and tax | 111.00 | 97.00 | 79.00 | -23.00 | 64.00 | 98.00 | 54.00 | 95.00 | 98.00 | 62.00 | 64.00 | 48.00 | 52.00 | 84.00 | 53.00 | 87.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | -661.00 | 0.00 | 0.00 | 0.00 | -326.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -556.00 | 0.00 |
| Profit before tax | 111.00 | 97.00 | 79.00 | -683.00 | 64.00 | 98.00 | 54.00 | -231.00 | 98.00 | 62.00 | 64.00 | 48.00 | 52.00 | 84.00 | -503.00 | 87.00 |
| Current tax | 29.00 | 24.00 | 23.00 | 3.00 | 22.00 | 24.00 | 20.00 | 24.00 | 30.00 | 15.00 | 18.00 | 14.00 | 12.00 | 21.00 | 15.00 | 25.00 |
| Deferred tax | -1.00 | 0.00 | -3.00 | -7.00 | -5.00 | 2.00 | -5.00 | 3.00 | -5.00 | 1.00 | -1.00 | -1.00 | 2.00 | 1.00 | -0.00 | -2.00 |
| Tax expense | 28.00 | 25.00 | 20.00 | -4.00 | 17.00 | 26.00 | 14.00 | 27.00 | 25.00 | 16.00 | 17.00 | 13.00 | 13.00 | 22.00 | 15.00 | 23.00 |
| Profit for the period | 82.00 | 72.00 | 59.00 | -679.00 | 47.00 | 72.00 | 39.00 | -258.00 | 73.00 | 46.00 | 48.00 | 35.00 | 38.00 | 62.00 | -518.00 | 65.00 |
| Profit attributable to owners | — | 72.00 | 59.00 | -679.00 | 47.00 | 71.00 | 39.00 | -258.00 | 73.00 | 46.00 | 48.00 | 35.00 | — | 62.00 | -518.00 | 65.00 |
| Profit attributable to non-controlling interests | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -0.00 | 1.00 | 0.00 | -1.00 | -0.00 | -0.00 | 0.00 | -2.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -1.00 | -1.00 | -1.00 |
| Total comprehensive income | 82.00 | 73.00 | 59.00 | -680.00 | 47.00 | 72.00 | 40.00 | -260.00 | 73.00 | 46.00 | 48.00 | 35.00 | 38.00 | 61.00 | -519.00 | 64.00 |
| Earnings per share, basic | 5.11 | 4.49 | 3.64 | -36.37 | 2.30 | 3.46 | 1.92 | -12.49 | 3.53 | 2.22 | 2.30 | 1.71 | 1.85 | 2.99 | -25.09 | 3.13 |
| Earnings per share, diluted | 5.11 | 4.49 | 3.64 | -36.37 | 2.30 | 3.46 | 1.92 | -12.49 | 3.53 | 2.22 | 2.30 | 1.71 | 1.85 | 2.99 | -25.09 | 3.13 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Revenue from operations | 700.00 | 1,370.00 | 1,995.00 | 2,726.00 | 3,781.00 | 4,020.00 |
| Other income | 7.00 | 12.00 | 10.00 | 15.00 | 11.00 | 29.00 |
| Total income | 706.00 | 1,383.00 | 2,005.00 | 2,741.00 | 3,792.00 | 4,049.00 |
| Cost of materials consumed | 288.00 | 495.00 | 717.00 | 1,033.00 | 1,419.00 | 1,631.00 |
| Purchases of stock-in-trade | 133.00 | 424.00 | 600.00 | 712.00 | 690.00 | 862.00 |
| Changes in inventories | -8.00 | -64.00 | -123.00 | -38.00 | 129.00 | -38.00 |
| Employee benefit expense | 58.00 | 106.00 | 124.00 | 204.00 | 374.00 | 376.00 |
| Finance costs | 0.00 | 6.00 | 2.00 | 39.00 | 64.00 | 37.00 |
| Depreciation and amortisation | 11.00 | 30.00 | 34.00 | 71.00 | 182.00 | 197.00 |
| Other expenses | 107.00 | 201.00 | 295.00 | 456.00 | 623.00 | 746.00 |
| Total expenses | 589.00 | 1,198.00 | 1,647.00 | 2,477.00 | 3,482.00 | 3,812.00 |
| Profit before exceptional items and tax | 117.00 | 185.00 | 357.00 | 264.00 | 310.00 | 236.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | -661.00 | -326.00 | -556.00 |
| Profit before tax | 117.00 | 185.00 | 357.00 | -396.00 | -16.00 | -320.00 |
| Current tax | 31.00 | 49.00 | 91.00 | 79.00 | 90.00 | 62.00 |
| Deferred tax | -0.00 | -1.00 | -2.00 | -10.00 | -5.00 | 1.00 |
| Tax expense | 30.00 | 48.00 | 88.00 | 69.00 | 85.00 | 63.00 |
| Profit for the period | 87.00 | 137.00 | 269.00 | -466.00 | -100.00 | -383.00 |
| Profit attributable to owners | 0.00 | 0.00 | 269.00 | -466.00 | -100.00 | -383.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -1.00 | 0.00 | -1.00 | -0.00 | -1.00 | -2.00 |
| Total comprehensive income | 86.00 | 137.00 | 268.00 | -466.00 | -101.00 | -385.00 |
| Earnings per share, basic | 7.23 | 8.49 | 16.71 | -27.85 | -4.88 | -25.09 |
| Earnings per share, diluted | 7.23 | 8.49 | 16.71 | -27.85 | -4.88 | -25.09 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Total assets | 1,908.00 | 5,893.00 | 5,839.00 | 5,116.00 | 5,324.00 | 5,373.00 | 4,861.00 |
| Non-current assets | 343.00 | 3,336.00 | 3,232.00 | 2,917.00 | 2,893.00 | 2,849.00 | 2,274.00 |
| Current assets | 1,565.00 | 2,557.00 | 2,607.00 | 2,198.00 | 2,431.00 | 2,523.00 | 2,587.00 |
| Property, plant and equipment | 296.00 | 884.00 | 860.00 | 870.00 | 863.00 | 884.00 | 872.00 |
| Capital work-in-progress | 20.00 | 39.00 | 38.00 | 49.00 | 53.00 | 47.00 | 48.00 |
| Goodwill | 0.00 | 1,284.00 | 1,238.00 | 867.00 | 867.00 | 881.00 | 324.00 |
| Other intangible assets | 5.00 | 1,091.00 | 1,053.00 | 1,068.00 | 1,053.00 | 964.00 | 932.00 |
| Inventories | 705.00 | 956.00 | 1,135.00 | 905.00 | 1,068.00 | 1,102.00 | 1,099.00 |
| Trade receivables | 553.00 | 787.00 | 846.00 | 817.00 | 806.00 | 851.00 | 703.00 |
| Cash and cash equivalents | 70.00 | 322.00 | 78.00 | 50.00 | 82.00 | 25.00 | 158.00 |
| Total equity and liabilities | 1,908.00 | 5,893.00 | 5,839.00 | 5,116.00 | 5,324.00 | 5,373.00 | 4,861.00 |
| Equity | 1,144.00 | 2,980.00 | 4,065.00 | 3,846.00 | 3,913.00 | 4,020.00 | 3,560.00 |
| Equity share capital | 16.00 | 19.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 |
| Other equity | 1,127.00 | 2,872.00 | 4,044.00 | 3,825.00 | 3,892.00 | 3,999.00 | 3,540.00 |
| Total liabilities | 765.00 | 2,912.00 | 1,774.00 | 1,270.00 | 1,411.00 | 1,353.00 | 1,300.00 |
| Non-current liabilities | 43.00 | 384.00 | 337.00 | 385.00 | 388.00 | 388.00 | 361.00 |
| Current liabilities | 722.00 | 2,528.00 | 1,438.00 | 884.00 | 1,022.00 | 965.00 | 939.00 |
| Borrowings, non-current | 31.00 | 242.00 | 234.00 | 237.00 | 231.00 | 230.00 | 213.00 |
| Borrowings, current | 24.00 | 1,251.00 | 190.00 | 126.00 | 88.00 | 49.00 | 109.00 |
| Trade payables | 593.00 | 872.00 | 995.00 | 583.00 | 733.00 | 724.00 | 678.00 |
Cash flow, as filed
| Line | 2022-03-31 | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 27.00 | 69.00 | 238.00 | 61.00 | 271.00 | 220.00 | 60.00 | 409.00 |
| Net cash from investing activities | -70.00 | -59.00 | -1,150.00 | -279.00 | -312.00 | -115.00 | -120.00 | -339.00 |
| Net cash from financing activities | -50.00 | -3.00 | 1,172.00 | -27.00 | -231.00 | -72.00 | -12.00 | -9.00 |
| Purchase of property, plant and equipment | 62.00 | 21.00 | 45.00 | 33.00 | 82.00 | 62.00 | 61.00 | 136.00 |
| Net increase in cash | -93.00 | 7.00 | 260.00 | -244.00 | -272.00 | 32.00 | -71.00 | 61.00 |
| con:CFO.BEFORE_TAX | 113.00 | 117.00 | 337.00 | 104.00 | 356.00 | 252.00 | 81.00 | 476.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 86.00 | 48.00 | 98.00 | 43.00 | 85.00 | 32.00 | 21.00 | 67.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 3.00 | 3.00 | 0.00 | 2.00 | 1.00 | 1.00 | 1.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 1,124.00 | 62.00 | 0.00 | 0.00 | 13.00 | 13.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-21 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 56.07 | 55.47 | 56.07 | 56.07 | 56.07 | 56.07 | 56.07 | 56.07 | 56.07 | 56.07 | 0.56 | 0.56 | 0.56 | 0.56 |
| Domestic institutions | 13.80 | 14.10 | 13.61 | 13.77 | 13.31 | 12.81 | 12.37 | 12.65 | 12.97 | 12.55 | 0.12 | 0.13 | 0.13 | 0.14 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 12.29 | 0.12 | 0.13 | 0.13 | 0.14 |
| Insurance companies | 0.90 | 0.97 | 0.76 | 0.75 | 0.75 | 0.24 | 0.22 | 0.22 | 0.23 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign institutions | 3.74 | 3.78 | 3.69 | 3.67 | 3.77 | 4.74 | 5.16 | 5.01 | 4.99 | 5.00 | 0.05 | 0.05 | 0.04 | 0.04 |
| Government | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 43.93 | 44.53 | 43.93 | 43.93 | 43.93 | 43.93 | 43.93 | 43.93 | 43.93 | 43.93 | 0.44 | 0.44 | 0.44 | 0.44 |
| Non-institutional | 26.40 | 26.65 | 26.63 | 26.49 | 26.84 | 26.37 | 26.40 | 26.26 | 25.96 | 26.37 | 0.27 | 0.27 | 0.26 | 0.26 |
| Shares outstanding | 206501426 | 203711365 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 | 206501426 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| RHI Magnesita GmbH | Fellow Subsidiary | Any other transaction, Interest paid, Purchase of fi | 4,457,169,000.00 | 8 |
| RHI Magnesita N.V., Austria | Ultimate Holding Company | Any other transaction | 1,500,000,000.00 | 1 |
| RHI Magnesita India Refractories Limited | Subsidiary | Any other transaction, Investment, Purchase of fixed | 856,907,000.00 | 6 |
| RHI magnesita N.V. Austria | Ultimate Holding Company | Any other transaction | 200,000,000.00 | 1 |
| RHI Magnesita Switzerland AG | Fellow Subsidiary | Purchase of fixed assets, Purchase of goods or servi | 193,635,000.00 | 2 |
| Refractory Intellectual Property GmbH & Co KG | Fellow Subsidiary | Any other transaction, Purchase of goods or services | 144,774,000.00 | 2 |
| RHI Magnesita Seven Refractories Limited | Step down subsidiary | Any other transaction, Investment, Purchase of goods | 122,629,000.00 | 7 |
| RHI Urmitz AG & Co KG | Fellow Subsidiary | Sale of goods or services | 42,739,000.00 | 1 |
| Parmod Sagar - Managing Director & CEO | KMP | Remuneration | 39,438,000.00 | 1 |
| Dalmia GSB Refractories GmbH | Fellow Subsidiary | Purchase of goods or services, Sale of goods or serv | 32,104,000.00 | 2 |
| SEVEN REFRACTORIES D.O.O. | Fellow Subsidiary | Sale of goods or services | 27,245,000.00 | 1 |
| VRD Americas B.V. Netherlands | Fellow Subsidiary | Interest paid, Loan | 19,001,000.00 | 2 |
| RHI Magnesita N.V. | Ultimate Holding Company | Any other transaction | 17,901,000.00 | 1 |
| Azim Syed - CFO | KMP | Remuneration | 12,682,000.00 | 1 |
| Intermetal Engineers (India) Private Limited | Subsidiary | Investment, Purchase of fixed assets, Purchase of go | 3,659,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-18 | Q1FY27 | statements publicly. | Read the call |
| 2026-06-03 | Q4FY26 | MR. PARMOD SAGAR, RHI MAGNESITA INDIA LIMITED | Read the call |
| 2025-11-18 | Q2FY26 | Read the call | |
| 2025-08-14 | Q1FY26 | Read the call | |
| 2025-06-04 | Q4FY25 | MR. AZIM SYED, MR. MAYANK, MR. PARMOD SAGAR | Read the call |
| 2025-02-18 | Q3FY25 | Read the call | |
| 2024-11-13 | Q2FY25 | Read the call | |
| 2024-08-21 | Q1FY25 | & CEO. | Read the call |
| 2024-06-03 | Q4FY24 | Read the call | |
| 2024-02-20 | Q3FY24 | Read the call | |
| 2023-11-15 | Q2FY24 | Read the call | |
| 2023-08-18 | FYFY23 | Read the call |
What they said about it, quarter by quarter
| Topic | Q2FY24 | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | Healthy cash flows were utilized towards working capital, purchase concentration payments, capex, and debt repayment. | We reached to 11.4% without putting much capex, right? | Lastly, on the capex that we aim to do at Dalmia, I mean, the refurbishment and all that, is that largely on track and we should expect some positives… | We had optimally utilized cash, our commitment to sound financial management is evident in the optimal utilization of our cash reserves towards workin… | Just wanted an outlook and what you hear from our clients in regards to capex, whether they are continuing to do that? | So, within a year, it is almost double the margins without much CAPEX. | All the plant capacity additions in our steel customers aligned with RHI Magnesita's diverse product offerings. | India further strengthened its position as the world's second largest crude steel producer during financial year '26, supported by the robust infrastr… |
| Capital allocation | Because there has been an uptick in the kind of acquisition that RHI N.V. has been doing with respect to China and otherwise. | — | So that will also be giving a dividend or positive results from December onwards. | From the acquisition, we had some orders in place already. | This is our aim as well, but with the product mix came along the acquisition particularly Dalmia, cement plant, etc, it will not be easy, but definite… | In the financial systems, the value of the goodwill on acquisition of DOCL has been reduced by Rs. | And I think after the acquisition, almost more than one year is over. | Fourth, expansion into new industrial segments, including petrochemicals following the RESCO acquisition; fifth, greater penetration of our 4PRO platf… |
| Costs | So my follow-up question is, the benefit of raw material price, which RHIM globally also has mentioned, is going to flow through in the next few quart… | The second was, you know, we were on this journey to reduce imports of key raw materials. | We deliberate this question quite importantly because the raw material costs are such a huge component of it. | And the second question is, how much raw material we are buying from our principles. | We are delighted with our performance, especially it comes amid tough market conditions, volatility in raw material prices and increased competition f… | Availability of raw material and availability of finished goods will be really a tough task and we are going to reach out to our customers, warning th… | Apart from this, we have launched a program to increase our prices to pass on the input cost. | Various initiatives have been taken by the regional leadership team, how we can absorb cost, reduce our input costs, reduce rejections, increase our c… |
| Debt and cash | Now moving to financial updates, we were able to reduce our debt levels to INR424 crores as of September 23, which comprises mainly of ECB loan and wo… | First of all, let me laud you on the commendable job that you have done on the cash flow side, because I think that there has been a substantial impro… | So we should see second half cash flows going back to normal levels, right, what we've seen in the last few quarters. | With respect to debt, we were able to maintain our debt levels at Rs.461 crore as of December 23, which comprises mainly of external commercial borrow… | Our working capital intensity improved to 35% versus last quarter with improvement in DSO, DIO, and DPO. | On net debt repayment, during the year ending March 2024, we reduced our debt levels to Rs. | Despite these challenges, we achieved significant progress in managing our working capital and cash flow. | More importantly, we achieved this while strengthening our customer relationships, enhancing operational reliability, generating robust cash flow and … |
| Demand | Do we think that demand of refractory in the Indian market will some more reduce or why we have to target export market not only domestic market and s… | There's a change of incoterm and we have a lot of material in the pipeline, I would say, but it doesn't have any long-term material impact. | So the impact we were expecting unfortunately could not materialize because the pipeline of shipments was already higher. | So, is it related to some demand slowdown in the export market, or how long can you expect that? | Cement demand is projected to grow 4-5% in financial year '26. | While demand from export market is relatively weak, we are optimistic about leveraging our strengths to deliver sustained value especially in our stra… | Let me briefly reflect on the evolving landscape of the core industries that shape our business: India's steel sector remains a cornerstone of economi… | This was driven by a reassessment of medium- to long-term growth expectations, considering a combination of factors, including weaker export demand am… |
| Guidance | These RHI Magnesita India Limited November 09, 2023 developments give an optimistic outlook for the second half of the year. | So whatever is my guidance to the market in my earlier statements also, I still maintain that, we should be delivering around 15% margins on sustainab… | And this is very encouraging that despite this kind of scenario, you are guiding for around 13% EBITDA margin, similar to last quarter -- last year, s… | — | To reemphasize on RHI Magnesita India Limited February 12, 2025 what Parmodji said, sustainable growth and better returns ratio will be our guiding pr… | Sir, is it possible for you to guide us for FY '25 volume growth as well as revenue growth? | Being a market leader, it is our responsibility to remain a healthy competitor, guide the industry also to remain healthy. | May 30, 2026 For this quarter, revenue stood at INR 932 crores, reflecting the impact of geopolitical disruption and a softer cement demand cycle, bro… |
| Margin | Increase in employee and other expenses exerted pressure on EBITDA margins on a Y-o-Y basis, which stood at 15.3% in the Q2 FY24 and was partly offset… | So while the margin factors are different, the overall volume would seem to suggest that we are losing market share in the steel business, or is there… | In your remarks, you mentioned that we are soon going to have EBITDA margin similar to FY '25 level. | However, our EBITDA margin experienced a 2.2% decrease to 12.8%, mainly due to 4.6% rise in employee-related expenses, and 3.1% increase in other expe… | RHI Magnesita India Limited February 12, 2025 Looking forward, we remain cautiously optimistic, our focus on strategic expansion while maintaining fin… | The improvement in EBITDA margins to 16.2% was driven by the attractive profitability of new customers and the delivery of operational initiatives in … | Cement prices also saw a lift in May 25 after margin squeeze in the entire year. | Adjusted EBITDA for the quarter was INR 113 crores with EBITDA margins of 12.1%. |
| People | Now moving to production and capacity utilization, production volumes grew 144% year-on- year and 5% quarter-on-quarter basis to 90,000 tons in Q2 FY2… | But to answer your question on the local for impact capacity utilization percentage, we still remain the same. | So capacity is increasing, but -- capacity utilization is a gradual process. | This is more or less sort of flattish in that sense on a Y-o-Y basis despite having some improvement in capacity utilization at least in the first two… | Plant-wise utilization data you normally give. | Capacity utilization now stands at 62% and we have ample room to facilitate growth. | — | — |
| Pricing | And, sir, just from the industry perspective, how is the pricing power now? | If you remember, Mr. Narendran, CEO of Tata is saying, it is not justifiable to invest if the pricing will remain like this for long-term. | And sir, this is being driven by what -- because when you said that we are able to take some price hikes in some of the specialty markets. | So, how this equilibrium has changed in terms of pricing for industry from a refractory point of view, whether your, things have become more competiti… | Despite this, we have expanded our market share through investment in pricing. | So, I would say this is sustainable though we have global pressure of pricing. | Nevertheless, structural changes like overcapacity and pricing pressure highlight the need for the efficiency in the end-customer market. | Despite operating in a challenging environment characterized by pricing pressure, inflationary cost trends, industry overcapacity and intense competit… |
| Revenue growth | High contribution from RHIMIR, that is erstwhile, Dalmia OCL, complemented this growth offsetting the impact of lower realization per ton. | And out of this 2.9%, if 30% of my business is in TRM business, where the volumes are static, more or less, they can have an incremental growth of 0.5… | If you could give us some more granular idea about where we can see this business down the line in terms of top line margins and what steps you're tak… | In the third quarter of this fiscal when we compare them on Y-o-Y basis our consolidated results reflect a 43% revenue growth driven by substantial 58… | This strong growth was driven by a 20% increase in shipments. | This growth was driven by increased shipments and M&As, despite a headwind from product mix effects and global commodity driven pricing pressure. | So in this quarter, as compared to last quarter, we have seen other expenses have increased significantly, despite our topline has come down. | Our volume growth was about 5%, a little bit below market. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2025-06-04 | Q4FY25 | MR. PARMOD SAGAR | And I believe we should be able to deliver 8% to 10% volume growth in coming days. |