āagman

Not investment advice. Data and computed figures, for information only.

RHI Magnesita India Ltd

NSE: RHIM
₹368.70
−₹2.70 (−0.73%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹7,622 Cr
CMP
₹368.70
52-wk High / Low
₹500 / 323
P/E
40.7
P/B
2.2
Book Value
₹172.0
Div Yield
0.68%
ROCE
6.0%
ROE
2.8%
Face Value
₹1
D/E
0.13

Price−17.7% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
ROIC
6.1%
vs 12.3% sector median
Cash flow to profit
−1.07
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+298
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
2.0%
ROE × earnings retention ratio
ROE stability
14.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.40DII +0.88
Latest quarter vs the previous one
Cash-accrual divergence
−15.9%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 1.7pp over the last year
+PE of 40.7x is below the sector median of 43.6x
Watch-outs
−Latest ROCE of 6% trails the sector median of 19%
−Price trades below its 200-day moving average (0.9x)
−Promoter holding fell by 4.0pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9289879239438798671,0119189601,0351,0929321,014
Expenses795839806795725760886825858926949845876
Operating Profit1331481171481541071259310210914387138
OPM %14.3%15.0%12.7%15.7%17.5%12.3%12.4%10.1%10.6%10.5%13.1%9.3%13.6%
Other Income331−32231571112−5319
Interest269161311101398911810
Depreciation46444844485055474749495150
Profit before tax649854−23198626438485284−50387
Net Profit477239−25873464836353862−51865
EPS (₹)2.263.451.91−12.493.532.222.301.751.711.862.98−25.093.13

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7481,3881,3701,9992,7263,7813,6744,0204,074
Expenses6191,1721,1611,6102,3653,2273,1923,5763,596
Operating Profit129215209390361555482443477
OPM %17.2%15.5%15.3%19.5%13.2%14.7%13.1%11.0%11.7%
Other Income1810125−646−32224−529−519
Interest114734065433839
Depreciation926303471182200197200
Profit before tax138186185357−396−16263−320−280
Net Profit90136137269−466−100203−383−354
EPS (₹)7.4811.3111.3716.71−24.79−4.869.81−18.54−17.12

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital1212121619212121—
Reserves3646917941,0132,8723,8253,9783,540—
Borrowings07162651,589487380448—
Other Liabilities1322783915811,400765776825—
Total Liabilities5081,0521,2601,6745,8815,0975,1554,834—
Fixed Assets602282432823,2582,8052,7302,128—
CWIP39463439496348—
Investments103000000231—
Other Assets3428169701,3582,5832,2442,3622,428—
Total Assets5081,0521,2601,6745,8815,0975,1554,834—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5417316527238271373409
Cash from Investing Activity−526−79−70−1,150−312−113−339
Cash from Financing Activity−35−118−54−501,172−231−213−9
Net Cash Flow148133−93260−2724761

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—35.023.037.011.09.07.06.0
ROE %———————2.8
EPS (₹)7.4811.3111.3716.71−24.79−4.869.81−18.54
Book Value (₹)———————172.0
Face Value (₹)———————1
P/E———————40.7
Div Yield %———————0.68
NPM %11.79.79.913.4−22.4−2.95.5−11.0
OPM %17.016.015.019.013.015.013.011.0
D/E0.000.100.080.060.550.130.100.13
P/B———————2.2

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+24.0%
3 years+14.0%
TTM+8.0%
Compounded profit growth
5 years−5.0%
3 years−27.0%
TTM+14.0%
Stock price CAGR
10 years+13.0%
5 years+1.0%
3 years−21.0%
Last year−18.0%
Return on equity
5 years8.0%
3 years6.0%
Last year3.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters69.62%69.62%69.62%66.49%66.49%66.49%70.19%60.11%56.07%56.07%56.07%56.07%
FIIs5.67%5.67%5.13%4.61%3.44%1.47%0.64%2.28%3.78%4.99%4.38%3.98%
DIIs4.97%4.97%5.24%10.77%12.49%11.88%9.18%7.91%13.29%12.97%13.46%14.34%
Government————————————
Public19.74%19.74%20.02%18.14%17.58%20.16%19.99%29.70%26.86%25.96%26.08%25.60%
No. of shareholders13,97113,97115,29016,27315,63018,58151,52868,44074,07564,58164,35863,783
Change since Jun 2023 (pp)
Promoters −13.55FIIs −1.69DIIs +9.37Public +5.86

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Change in DirectorateAnnouncement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sShareholder Meeting / Postal Ballot-Scrutinizer''s ReportClosure of Trading WindowShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTJun 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 11 Sep 2026
11 Sep 2026DIVIDENDDividend - Rs 2.50 Per Share—
12 Sep 2025DIVIDENDDividend - Rs 2.50 Per Share—
5 Sep 2024DIVIDENDDividend - Rs 2.50 Per Share—
14 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Rs 2.50 Per Share—
14 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 2.50 Per Share—
17 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 2.50 Per Share—
7 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 2.50 Per Sh—
28 Jun 2019DIVIDEND Annual General Meeting/ Dividend - Rs 2.50 Per Share—
24 Aug 2018DIVIDEND Annual General Meeting/Dividend-Rs 2.50 Per Share—
8 Sep 2017DIVIDEND Annual General Meeting/Dividend - Rs 2.50 Per Share—
12 Sep 2016DIVIDEND Annual General Meeting/Dividend - Rs 1.45 Per Share—
4 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Re 1.40/- Per Share—
9 Sep 2014DIVIDENDAnnual General Meeting / Final Dividend - Rs 1.25/- Per Share—
10 Sep 2013DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
8 May 2012DIVIDENDInterim Dividend Re.1/- Per Share (Purpose Revised)—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman