RHI MAGNESITA INDIA LTD has informed the Exchange regarding a press release dated February 13, 2026, titled "RHI Magnesita India continues its growth trajectory with strong financials, market leadership and strategic wins driven by resilience".
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RHI Magnesita India reported its Q3 FY26 (quarter ended December 31, 2025) unaudited consolidated results. Revenue from operations stood at ₹1,092 crore, up 5.5% quarter-on-quarter (QoQ), while adjusted EBITDA rose 36% QoQ to ₹150 crore and profit after tax (PAT) jumped 61% QoQ to ₹62 crore. Shipment volumes were marginally lower at 136 KT, down 4% QoQ. The company achieved a negative net debt-to-EBITDA ratio of -0.1x for the first time since its acquisition, reflecting strong financial discipline. Management attributed the performance to strategic initiatives in iron making, flow control solutions, and 4PRO contracts, while flagging continued excess capacity in the market as a near-term concern.
Sharp QoQ jumps in EBITDA and PAT, combined with the company becoming net debt-negative, point to improving profitability and balance sheet strength — broadly positive for shareholders. However, falling shipment volumes and management's cautious tone on excess market capacity suggest momentum may moderate in coming quarters.