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Investor Presentation

RHI Magnesita India Investor Presentation: Key Takeaways

RHI Magnesita India Q1 FY27 results show strong sequential performance with Revenue at ₹1,014 Cr (9% QoQ growth) and adjusted EBITDA at ₹147 Cr (30% QoQ growth), driven by market share gains in the Steel segment.

Guidance and delivery
Management target Revenue 8.0%
Highlights
Revenue growth9% QoQ growth achieved.
MarginsEBITDA margin improved to 14.5% from 12.1% QoQ.
Order bookSecured significant silica order and future pellet orders.
Demand visibilityStrong steel sector expansions and cement maintenance-led demand.
Management confidenceHigh, citing strong liquidity and market leadership.

Growth

Revenue increased 9% QoQ and 6% YoY; Adjusted EBITDA rose 30% QoQ and 42% YoY. Shipment volume grew 5% QoQ to 122 KT.

Outlook

Targeting 6-8% CAGR for Indian refractory market; focus on 'Make in India' and circular economy via MINPRO JV in Odisha.

Risks

Industry faces pricing pressure and rising competition. Navigating high raw material, energy, and logistics costs and cement sector margin pressure.

Last quarter's promises, checked

Delivered

  • Guided 13% EBITDA margin → delivered 14.5% (= BEAT)
  • Guided strong Q1 volume recovery → delivered 122 KT (5% QoQ growth) (= BEAT)
  • Guided price increases from May → delivered improved commercial discipline (= BEAT)

Partly delivered

  • Guided FY27 Capex ₹150 Cr → delivered ₹8 Cr in Q1 (= PARTIAL)
Source

Investor Presentation filed with BSE, NSE: RHIM. Summary written with AI assistance from the document.

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RHI Magnesita India Ltd: key numbers

Share price
₹386.45
Market cap
₹7,980 Cr
Revenue (annual)
₹4,020 Cr
Net profit (annual)
₹-382.9 Cr
P/E (TTM)
-22.6×Sector 53.6×
Promoter holding
56.07%+0.00% QoQ
FII holding
3.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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