NSEPress Release11 Aug 2026 · 11 Aug 2026, 04:33 pm
Press Release
RHI MAGNESITA INDIA LIMITED · RHIM
✦ AI Summary▲ PositiveResults
RHI Magnesita India Ltd reported unaudited consolidated financial results for Q1 FY27, with revenue from operations at ₹1,014 crore (+6% YoY), operating EBITDA at ₹147 crore (+42% YoY), and PAT at ₹65 crore (+83% YoY). The company also announced a leadership transition with Pankaj Malhan as Managing Director & Chief Executive Officer.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
RHI MAGNESITA INDIA LTD has informed the Exchange regarding a press release dated August 11, 2026, titled "Press Release for quarter ended 30 June 2026".
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RHI MAGNESITA INDIA LTD.
19th & 20th Floor, DLF Square,
M-Block, Phase II, Jacaranda Marg,
DLF City, Gurugram, Haryana 122002
T +91 124 4299000
E corporate.india@rhimagnesita.com
www.rhimagnesitaindia.com
11 August 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block,
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai – 400 001, India Mumbai – 400 051, India
BSE Scrip Code: 534076 NSE Symbol: RHIM
Sub: Press Release for quarter ended 30 June 2026
Dear Sir/ Ma’am,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we are enclosing herewith a Press Release issued by RHI Magnesita India
Limited on the captioned subject, the content of which is self-explanatory.
The above information is for your records and required dissemination.
Thanking you,
Yours faithfully
for RHI Magnesita India Limited
Sanjay Kumar
Company Secretary
(ICSI Membership No. -A17021)
Registered Office: Unit No.705, 7th Floor, Lodha Supremus, Kanjurmarg Village Road, Kanjurmarg (East), Mumbai-400042, T +91 22 49851200
CIN: L28113MH2010PLC312871
Media Release
RHI Magnesita India Delivering Consistent Value in a
Dynamic Environment with Strong Growth Momentum
Gurugram, Haryana, August 11, 2026: RHI Magnesita India Limited, the leading manufacturer and supplier
of high-grade refractory products, systems and solutions, has reported unaudited consolidated financial
results for the first quarter June 30th, 2026 (Q1 FY27).
Commenting on the results, Parmod Sagar – Chairman of RHI Magnesita India Ltd said,
"We delivered a strong start to FY27, achieving healthy growth in both revenue and profitability despite a
challenging operating environment characterized by pricing pressures, cost inflation, and competitive
intensity. Our differentiated 4PRO business model, deep customer partnerships, and solution-led approach
continue to strengthen our market position and drive sustainable value creation.
Q1 also marked an important leadership transition for the Company. I am delighted to welcome Mr. Pankaj
Malhan as Managing Director & Chief Executive Officer, while I continue to serve as Chairman. Together, we
remain committed to executing our strategy, enhancing stakeholder value, and building a stronger, more
resilient business for the future."
Commenting on the results, Pankaj Malhan – Managing Director & Chief Executive Officer said,
“Our performance reflects the strength of our business model and executional capabilities to navigate the
challenges emanating from both global headwinds and domestic challenges. Moving forward during the year,
we will continue to remain focused on creating value for our customers by further strengthening our execution
capabilities and leveraging our differentiated 4PRO model to accelerate sustainable growth and long-term
value creation for all stakeholders.”
Key Financial Highlights:
• Revenue from operations at ₹1,014 crore (+6% YoY)
• Operating EBITDA at ₹147 crore (+42% YoY)
• Operating EBITDA % at 14.5% (+3.7% pp YoY)
• PAT at ₹65 crore (+83% YoY)
• Net cash/EBITDA ratio at 0.27x
• Shipment Volumes at 122 KT
About RHI Magnesita India Ltd.
RHI Magnesita India Ltd. is the leading manufacturer and supplier of high-grade refractory products, systems
and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of
industries, including steel, Iron, cement, non-ferrous metals and glass. This includes Magnesia and Alumina-
based bricks and mixes for large industrial customers as well as specialty refractory products like Isostatic
products and Slide Gates. With a 6,000+ strong skilled workforce in 8 state-of-the-art manufacturing plants, 2
Mines, 2 Mechanism Units, 3 main offices, 35 site offices across the country and a world-class R&D centre at
Bhiwadi, RHI Magnesita India serves customers both domestically and around the globe. The Company is
listed with BSE: 534076 and NSE: RHIM; Website: www.rhimagnesitaindia.com
Safe Harbour
Statements in this document relating to future status, events, or circumstances, including but not limited to
statements about plans and objectives, the progress and results of research and development, potential
project characteristics, project potential and target dates for project related issues are forward-looking
statements based on estimates and the anticipated effects of future events on current and developing
circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily
predictive of future results. Actual results may differ materially.
For further enquiries, please contact:
Gaurav Ban
Lead – Public Affairs
RHI Magnesita India Ltd.
gaurav.ban@rhimagnesita.com
+91 9810277536