StockWatch
·
Filing
Q3

Rhi Magnesita India Ltd

RHIMFY2613 Feb 2026
Revenue+5.5%
Net Profit+60.5%
OPM13.08%

P&L

Quarterly Consolidated

Revenue
+5.5%1.1K
Expenditure
+2.6%1.0K
Net Profit
+60.5%61.56
NPM 5.63%+52.2%EPS ₹2.99+61.6%

vs Q2 FY26

RHI Magnesita India Reports Strong Financials Amid Macro Headwinds

13 Feb 2026 · 13 Feb, 5:02 pm

Summary

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 third quarter ended December 31, 2025 (Q3 FY26). Despite macro headwinds, the company's strategic initiatives in iron making along with flow control supported by 4PRQO contracts delivered expected and tangible results with record revenues.

Key Highlights

  1. 1

    Revenue from operations at 1,092 crore (+5.5% QoQ)

  2. 2

    Adjusted EBITDA at ¥150 crore (+36% QoQ)

  3. 3

    PAT at 62 crore (+61% QoQ)

  4. 4

    Shipment Volumes at 136 KT (-4% QoQ)

  5. 5

    Achieved Net Debt/EBITDA ratio to Negative at - 0.1x

Management Comments

P

Parmod Sagar

We are pleased to report that through strategic execution and resilient customer relationships, we continue to drive consistent performance and market share gains, reinforcing our confidence in sustainable growth. Despite macro headwinds — our strategic initiatives in iron making along with flow control supported by our 4PRQO contracts delivered expected and tangible results with record revenues. The long-term customer relationships and performance of our products strengthened our resilience while our disciplined approach enabled us to achieve negative leverage for the first time post-acquisition. Overall, we are still cautiously optimistic for the coming quarters as the excess capacity still persists in the market, but we are confident in our business fundamentals.

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