RHI Magnesita India Ltd (RHIM) — shareholding pattern, promoter holding, financials and share price
About RHI Magnesita India Ltd (RHIM)
RHI Magnesita India Ltd operates in the Electrodes & Refractories industry, within the Capital Goods sector. It trades on the NSE as RHIM and on the BSE under scrip code 534076. Its ISIN is INE743M01012.
RHI Magnestia India ltd earlier known as Orient Refractories Limited (ORL) is in the business of manufacturing and marketing special refractory products, systems and services to the steel industry in India and Globally. It is a market leader for special refractories in India and has many global customers for its international quality products. [1]
RHI Magnesita India Limited supplies high-grade refractory products, systems and end-to-end services for industrial high-temperature processes exceeding 1,200°C, primarily serving steel, cement, non-ferrous metals, glass and related heavy industries with eight manufacturing plants, a world-class R&D centre and over 6,000 workforce members across India.
Q3 FY26 delivered record quarterly revenues of ₹1,092 crore (₹109,201 lakhs) with adjusted EBITDA of ₹150 crore and EBITDA margin improvement to 13.7%, driven by better product mix, OEM iron‑making orders and realization uplift, while achieving a net cash position and first-time negative Net Debt/EBITDA post acquisition.
Listed peers in Electrodes & Refractories: Graphite India Ltd, HEG Ltd, Vesuvius India Ltd, Raghav Productivity Enhancers Ltd, IFGL Refractories Ltd, Monolithisch India Ltd.
Valuation & Returns
10 Jul 2026At ₹420.75 a share on 10 Jul 2026, RHI Magnesita India Ltd (RHIM) was valued at a price-to-earnings ratio of -22.69x against an industry P/E of 37x and a price-to-book of 2.17x on a book value of ₹193.64 per share as of Mar 2025. Solomo computes return on equity of -9.58% and return on capital employed of -6.46% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -22.69x
- Industry P/E
- 37x
- P/B
- 2.17x
- EPS (TTM)
- ₹-18.54
- Book value / share
- ₹193.64
- ROE
- -9.58%
- ROCE
- -6.46%
- ROA
- -7.4%
- Debt / equity
- 0.09x
- Dividend yield
- 0.59%
- EBITDA margin
- -2.13%
- 52-week range
- ₹323.4 – ₹537.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, RHI Magnesita India Ltd (RHIM) reported revenue of ₹4,020 crore, net profit of ₹-383 crore and earnings per share of ₹-18.54. That compares with revenue of ₹3,674 crore and net profit of ₹203 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹932 crore and net profit ₹-518 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,999 | 2,726 | 3,781 | 3,674 | 4,020 |
| Net profit (₹ cr) | 269 | -466 | -100 | 203 | -383 |
| EPS (₹) | 16.71 | -24.79 | -4.86 | 9.81 | -18.54 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 21.68% | 15.88% | 13.17% | -2.82% |
| Profit growth | 16.64% | 10.35% | -5.93% | 302.29% |
| Stock price CAGR | 16% | 4% | -13% | -16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.07% of RHI Magnesita India Ltd (RHIM) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.98% and domestic institutional investors (DII) hold 14.35%. Market capitalisation was ₹8,689 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2012.
Largest disclosed public shareholders in Jun 2026: DALMIA BHARAT REFRACTORIES LIMITED 12.54%, ICICI PRUDENTIAL MANUFACTURING FUND 3.1%, AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AX 2.37%, BANDHAN SMALL CAP FUND 1.76%, INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF 1.53%, HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND 1.44%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.07% | - | 3.98% | 14.35% | 43.93% |
| Mar 2026 | 56.07% | - | 4.38% | 13.47% | 43.93% |
| Dec 2025 | 56.07% | - | 4.65% | 12.78% | 43.93% |
| Sep 2025 | 56.07% | - | 5.01% | 12.39% | 43.93% |
| Jun 2025 | 56.07% | - | 5% | 12.55% | 43.93% |
| Mar 2025 | 56.07% | - | 4.99% | 12.97% | 43.93% |
| Dec 2024 | 56.07% | - | 5.01% | 12.65% | 43.93% |
| Sep 2024 | 56.07% | - | 5.16% | 12.37% | 43.93% |