ALFA Finder| Revenue growth | 9% QoQ growth reaching ₹1,014 Cr. |
|---|---|
| Margins | EBITDA margin up to 14.5% from 12.1% QoQ. |
| Order book | Secured significant silica order and 1 big DRI order. |
| Demand visibility | Strong maintenance-led cement demand and steel capacity expansions. |
| Management confidence | High; citing market leadership and structural cost advantages. |
Growth
Revenue grew 9% QoQ and 6% YoY. Adjusted EBITDA margin improved to 14.5% (+237 bps QoQ) driven by steel segment price hikes and cost efficiencies.
Outlook
Targeting 6-8% market CAGR via 4PRO model differentiation. Expanding quartzite backward integration and the 51:49 MINPRO mineral processing JV.
Risks
Facing pricing pressure and rising competition from global/regional entrants. Navigating high raw material, energy, and logistics costs.
Last quarter's promises, checked
Delivered
- Guided 13% sustainable EBITDA margin → delivered 14.5% (= BEAT)
- EUR 45M Global EBITDA initiative → delivered contribution reflected in Q1 (= BEAT)
- 51:49 MINPRO JV formation → delivered (subsidiary formed) (= BEAT)
Partly delivered
- Guided 7-9% growth range → delivered 6% YoY / 9% QoQ (= PARTIAL)
- Quartzite mine opening → licenses received, opening by end of current quarter (= PARTIAL)
Missed
- Guided ~9% volume growth for FY27 → delivered <9% (needs 14% for balance year) (= MISS)
- Guided ₹150 Cr annual capex → delivered ₹8 Cr in Q1 (below run-rate) (= MISS)
Earnings Call Transcript filed with NSE, NSE: RHIM. Summary written with AI assistance from the document.
RHI Magnesita India Ltd: key numbers
- Share price
- ₹365.50
- Market cap
- ₹7,548 Cr
- Revenue (annual)
- ₹4,020 Cr
- Net profit (annual)
- ₹-382.9 Cr
- P/E (TTM)
- -21.4×Sector 51.9×
- Promoter holding
- 56.07%+0.00% QoQ
- FII holding
- 3.16%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from RHI Magnesita India Ltd
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