Rhi Magnesita India share price
NSE: RHIMBSE: 534076Industrial ProductsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹362.55.
28 Oct: open ₹358.00, high ₹361.00, low ₹352.55
- Next results date: the board meets on 13 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,317 Cr607th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.06
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.71%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- −9.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹556 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 5.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 85,87552.6% delivered
About Rhi Magnesita India
RHI Magnesita India Limited supplies refractory products, systems and solutions to industries that run high-temperature processes. Its customers are in steel, cement, non-ferrous metals, glass and petrochemicals. It serves more than 850 customers, including international customers, and has a workforce of over 6,000 employees.
The business reports a Steel Division and an Industrial Division. The company operates eight manufacturing plants, two mines and two mechanism plants. The production plants are at Jamshedpur in Jharkhand, Katni in Madhya Pradesh, Bhiwadi in Rajasthan, Khambhalia in Gujarat, Dalmiapuram in Tamil Nadu, Visakhapatnam in Andhra Pradesh, and Cuttack and Rajgangpur in Odisha. Its facilities also stand in Chhattisgarh and Maharashtra, close to the steel and cement clusters it supplies. The two mines extract quartzite, at Raigarh in Chhattisgarh and Bhikampali in Odisha, and a recycling plant operates at Khemka in Odisha. The corporate office is in Gurugram and a sales office is in Kolkata.
The company was incorporated in 2010. Its domestic acquisitions include Dalmia Bharat Refractories, Hi-Tech Chemicals and Ashwath Technologies. It acquired 100% ownership of Ashwath Technologies Pvt. Ltd. on 1 August 2025. Ashwath has a portfolio of slide gate systems, spare parts and refractory resale solutions, and strengthens the company's steel flow control machinery in India.
The company has also launched RHIM Khemka MINPRO, a mineral processing joint venture with Khemka Refractories. It is part of the global RHI Magnesita Group, and describes its operations as backed by the group's technology, research and development, and global product range.
Written from the annual report for the year to Mar 2026, filed 6 Oct 2026 and the investor presentation.
Sources for 32 statements, each with its page
- The company supplies refractory products, systems and solutions. Investor presentation, page 31
- Customers are in steel, cement, non-ferrous metals, glass and petrochemicals. Annual report, page 72
- It serves more than 850 customers including international customers. Annual report, page 72
- Workforce of over 6,000 employees. Annual report, page 72
- Steel Division. Annual report, page 76
- Industrial Division. Annual report, page 76
- Eight manufacturing plants. Annual report, page 74
- Two mines and two mechanism plants. Annual report, page 74
- Jamshedpur plant. Investor presentation, page 32
- Katni plant. Investor presentation, page 32
- Bhiwadi plant. Investor presentation, page 32
- Khambhalia plant. Investor presentation, page 32
- Dalmiapuram plant. Investor presentation, page 32
- Visakhapatnam plant. Investor presentation, page 32
- Cuttack plant. Investor presentation, page 32
- Rajgangpur plant. Investor presentation, page 32
- Facilities in Chhattisgarh and Maharashtra. Annual report, page 72
- Facilities near steel and cement clusters. Annual report, page 72
- Incorporated in 2010 (CIN year). Annual report, page 4
- Domestic acquisitions include Dalmia Bharat Refractories, Hi-Tech Chemicals and Ashwath. Annual report, page 74
- Acquired 100% ownership of Ashwath Technologies. Annual report, page 72
- Acquisition date 1 August 2025. Annual report, page 72
- Ashwath portfolio of slide gate systems, spare parts. Annual report, page 72
- Ashwath strengthens steel flow control machinery in India. Annual report, page 72
- Launched RHIM Khemka MINPRO mineral processing joint venture. Investor presentation, page 7
- Raigarh quartzite mines. Investor presentation, page 32
- Bhikampali quartzite mines. Investor presentation, page 32
- Khemka recycling plant. Investor presentation, page 32
- Corporate office in Gurugram. Investor presentation, page 32
- Sales office in Kolkata. Investor presentation, page 32
- Part of the global RHI Magnesita Group. Annual report, page 72
- Backed by group technology, R&D, global product range. Investor presentation, page 26
Results
Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore.Rhi Magnesita India quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +8.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −314.4%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹863 Crup 9.89%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing. Net profit in the glossary
- ₹78 CrQuarter to Mar 2026: −₹624 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 9.1%
Revenue by quarter
Net profit by quarter, a loss in red
- Net profit
- Loss
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 661 | 774 | 755 | 805 | 862 | 903 | 786 | 863 |
| Net profit | 49 | 56 | 36 | 47 | 41 | 69 | −624 | 78 |
| Net margin | 7.4% | 7.3% | 4.8% | 5.8% | 4.8% | 7.6% | −79.5% | 9.1% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,357 Crup 16.07%
- Net profitNet profit. Under it, net profit in the year before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹468 CrYear to Mar 2025: ₹223 Cr
- Net margin
- −13.9%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2021, the company's revenue for that year, ₹1,366 Cr, differs from its quarters added, ₹900 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 519 | 636what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹8.81 crore, a tax on the goods the company makes that it collects and pays to the government. | 748 | 696 | 1,366 | 1,991 | 2,488 | 2,824 | 2,892 | 3,357 |
| Net profit | 69 | 86 | 90 | 87 | 136 | 268 | −427 | −55 | 223 | −468 |
| Net margin | 13.2% | 13.5% | 12.0% | 12.5% | 9.9% | 13.5% | −17.2% | −2.0% | 7.7% | −13.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, manufacturing of refactory and monolithics items, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, P/E: loss, last twelve months. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.Rhi Magnesita India PE ratio and valuation
At or below today's level on 5% of 933 trading days over the last 5 years.
At or below today's level on 50% of 2,417 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −32.7% | – | – | 0.7% |
| 3 years | −18.2% | – | – | 0.6% |
| 5 years | +8.9% | – | – | 0.5% |
Mutual fund holdings
83 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 42 of the 52 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 83 funds holding Rhi Magnesita India
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 30
- CutCut. Funds that held fewer shares than at the end of the month before.
- 22
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 24
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 SBI Small Cap FundSBI Mutual Fund | 1,66,66,667 | 1.56% | ₹641.4 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 44,80,956 | 0.21% | ₹172.4 Cr |
 Axis Small Cap FundAxis Mutual Fund | 43,53,959 | 0.55% | ₹167.6 Cr |
 Bandhan Small Cap FundBandhan Mutual Fund | 38,16,893 | 0.41% | ₹146.9 Cr |
 Bajaj Finserv Flexi Cap FundBajaj Finserv Mutual Fund | 17,47,556 | 0.79% | ₹67.3 Cr |
 ICICI Prudential Multi Cap FundICICI Prudential Mutual Fund | 17,30,676 | 0.36% | ₹66.6 Cr |
 Canara Robeco Small Cap FundCanara Robeco Mutual Fund | 16,55,024 | 0.46% | ₹63.7 Cr |
| Bandhan Value FundBandhan Mutual Fund | 14,23,126 | 0.58% | ₹54.8 Cr |
| ICICI Prudential Infrastructure FundICICI Prudential Mutual Fund | 11,39,865 | 0.53% | ₹43.9 Cr |
 Sundaram Small Cap FundSundaram Mutual Fund | 9,88,128 | 0.93% | ₹38.0 Cr |
Rhi Magnesita India competitors and peers
Electrodes & Refractories, 14 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Rhi Magnesita India in market cap.Capital goods stocks
Rhi Magnesita India is not on the chart: it has no P/E today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Graphite IndiaGRAPHITE | 14,363 | 67.43 | 2.45 | +21.3% | −40.7% | 3.6% | −0.1% | 0.95% |
 Raghav Productivity EnhancersRPEL | 8,101 | 114.93 | 28.77 | +38.2% | +55.0% | 28.4% | 30.4% | 0.06% |
 Vesuvius IndiaVESUVIUS | 7,754 | 30.27 | 4.43 | +8.9% | +2.2% | 15.7% | 16.4% | 0.39% |
 HEG Advanced MaterialsHEGAM | 7,544 | – | – | +19.7% | +82.3% | – | – | 0.53% |
 Monolithisch IndiaMONOLITH | 2,714 | 76.62 | 17.86 | – | – | 26.4% | – | 0.00% |
 IFGL RefractoriesIFGLEXPOR | 1,251 | 30.54 | 1.06 | +15.4% | +40.5% | 3.6% | 4.6% | 1.24% |
 Foseco Crucible (India)FOSECOC | 1,088 | 37.93 | 6.91 | +5.6% | +13.5% | 19.6% | 31.7% | 0.64% |
 Orient CeratechORIENTCER | 472 | 18.05 | 1.56 | +24.0% | +130.8% | 8.9% | 9.4% | 0.89% |
Dividends
Per share, by the year it was paid for, and the latest payments.Rhi Magnesita India dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 11 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.50 |
| 12 Sep 2025 | Final | ₹2.50 |
| 5 Sep 2024 | Final | ₹2.50 |
| 14 Sep 2023 | Final | ₹2.50 |
| 14 Sep 2022 | Final | ₹2.50 |
| 17 Sep 2021 | Final | ₹2.50 |
Latest announcements
Routine notices left out.Rhi Magnesita India announcements
Oct 2026
28 Oct · Board meeting
Sep 2026
30 Sep · Management
29 Sep · Meeting
24 Sep · Analysts
Rhi Magnesita India share price by year
Each calendar year to 2025.Rhi Magnesita India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 459.05 | −8.8% | 533.65 | 382.60 |
| 2024 | 503.10 | −37.5% | 805.35 | 492.70 |
| 2023 | 805.25 | −4.1% | 877.20 | 580.80 |
| 2022 | 839.60 | +129.0% | 847.60 | 366.20 |
| 2021 | 366.65 | +45.5% | 400.45 | 215.85 |
| 2020 | 252.00 | +6.6% | 259.20 | 111.10 |
| 2019 | 236.50 | +0.8% | 250.85 | 165.00 |
| 2018 | 234.55 | +40.9% | 275.50 | 154.55 |
| 2017 | 166.45 | +44.9% | 169.70 | 114.65 |
| 2016 | 114.90 | +27.9% | 131.25 | 72.00 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 349.00 | 367.00 | 347.05 | 362.55 | 358.47 | 1,76,285 | 53.7% |
| 26 Oct 2026 | 351.30 | 357.45 | 346.50 | 349.30 | 350.09 | 3,53,227 | 62.3% |
| 23 Oct 2026 | 352.20 | 355.60 | 341.25 | 351.30 | 349.68 | 2,25,847 | 42.3% |
| 22 Oct 2026 | 360.00 | 361.95 | 352.00 | 353.25 | 355.33 | 2,39,351 | 49.4% |
| 21 Oct 2026 | 362.95 | 365.70 | 356.20 | 360.05 | 361.09 | 2,73,976 | 51.3% |
| 19 Oct 2026 | 373.00 | 373.00 | 360.80 | 361.40 | 364.90 | 2,72,327 | 75.8% |
| 16 Oct 2026 | 371.40 | 372.30 | 365.40 | 370.15 | 369.87 | 82,587 | 45.2% |
| 15 Oct 2026 | 371.40 | 374.80 | 366.60 | 368.70 | 370.29 | 1,31,058 | 51.2% |
| 14 Oct 2026 | 370.40 | 375.50 | 368.65 | 371.40 | 372.24 | 1,34,391 | 49.1% |
Company details
- NSE symbol
- RHIM
- BSE code
- 534076
- ISIN
- INE743M01012
- Industry
- Industrial Products
- Former symbols
- ORIENTREF
- Website
- www.rhimagnesitaindia.com
- CIN
- L28113MH2010PLC312871
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2010
- Registered office
- Unit No.705, 7th floor, Lodha Supremus, Kanjurmarg Village Road, Kanjurmarg (East), Mumbai 400042, Maharashtra
- Share registrar
- Skyline Financial Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments