RHI MAGNESITA INDIA LTD has informed the Exchange regarding a press release dated August 08, 2025, titled "Press Release for first quarter ended 30 June 2025".
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Awaiting price reaction for this filing.
RHI Magnesita India announced its unaudited consolidated results for Q1 FY26, showing broad-based sequential growth. Revenue rose 5% quarter-on-quarter to ₹960 crore, supported by a 4% increase in shipment volumes. Profitability improved more sharply, with EBITDA up 10% QoQ to ₹103 crore and profit before tax (PBT) climbing 27% QoQ to ₹48 crore. The company also strengthened its balance sheet, with the Net Debt-to-EBITDA ratio improving from 0.3x to 0.2x. Separately, RHI Magnesita completed the acquisition of Ashwath Technologies for ₹14 crore on 1 August 2025 to bolster its steel flow control machinery business, and highlighted a milestone of deploying a full end-to-end robotic solution in a continuous casting system at one of India's largest steel plants.
Strong sequential growth in profitability, deleveraging, and a tuck-in acquisition point to healthy operational momentum, which could be viewed positively by investors. However, results are QoQ and management flagged a competitive refractory market, so sustainability of growth will be the key watchpoint going forward.