RHI Magnesita India Reports Q1 FY27 Results Amid Challenging Market with Revenue at ₹1,014 Crore

RHI Magnesita India Reports Q1 FY27 Results Amid Challenging Market with Revenue at ₹1,014 Crore​

RHI Magnesita India Limited, a major manufacturer of refractory products, systems, and solutions, has announced its unaudited consolidated financial results for the first quarter of Fiscal Year 2027 (Q1 FY27) ending June 30, 2026. The company reported growth in revenue and profitability despite facing operational challenges including cost inflation, pricing pressures, and competitive intensity.

The results highlight the impact of RHI Magnesita India’s differentiated 4PRO business model and strong customer relationships.

Financial Performance Highlights​

RHI Magnesita India Limited demonstrated robust performance across key financial metrics in Q1 FY27. The company reported significant growth in Operating EBITDA and PAT (Profit After Tax). Shipment volumes were recorded at 122 Kilotonnes (KT).

Key operational and financial figures for the quarter are summarized below:

Leadership Commentary​

Parmod Sagar, Chairman of RHI Magnesita India Ltd, commented on the results, stating that the company delivered a "strong start to FY27." He attributed the performance to their solutions-led approach and deep customer partnerships, which continue to strengthen market position and drive sustainable value creation.

Mr. Sagar also noted an important leadership transition within the organization. He welcomed Pankaj Malhan as Managing Director & Chief Executive Officer while he continues to serve as Chairman, emphasizing the commitment to executing strategy and enhancing stakeholder value.

Pankaj Malhan, Managing Director & CEO, stated that the company’s performance reflects the strength of its business model and execution capabilities in navigating global and domestic challenges. He committed that the focus moving forward will be on leveraging the differentiated 4PRO model to accelerate sustainable growth and long-term value creation for all stakeholders.

About RHI Magnesita India Ltd.​

RHI Magnesita India Ltd is a leading supplier of high-grade refractory products, systems, and solutions critical for high-temperature processes exceeding 1,200°C across industries such as steel, iron, cement, non-ferrous metals, and glass. The company supplies both specialized refractory products like Isostatic products and Slide Gates, and Magnesia and Aluminabased bricks and mixes to large industrial clients.

With a workforce of over 6,000 skilled employees, RHI Magnesita India operates from 8 state-of-the-art manufacturing plants, two Mines, two Mechanism Units, three main offices, 35 site offices nationwide, and a world-class R&D centre in Bhiwadi. The company serves customers both domestically and globally.

RHIM Stock Price Movement​

RHI MAGNESITA INDIA LIMITED shares slipped today, settling at ₹415.55 after shedding 2.26% of their value in the post-market session. The stock closed near its intraday low, with a total traded volume reported at 1.61 million shares.