RHIM NSE filing

RHIM India Q2 FY27: Revenue ₹1,030 Cr, EBITDA ₹144 Cr (up 30% YoY)

The RealCase readHigh impact Positive

RHIM India reported Q2 FY27 revenue of ₹1,030 crore, up 0.5% YoY. EBITDA surged 30% YoY to ₹144 crore, with margins at 14.0%. PAT increased 62% YoY to ₹62 crore. For H1 FY27, revenue was ₹2,044 crore (up 2% YoY) and EBITDA grew 36% YoY to ₹291 crore. PAT rose 72% YoY to ₹127 crore.

Why it matters

The strong financial results, including substantial growth in profitability, coupled with strategic advancements and market leadership, are likely to have a significant positive impact on investor sentiment and the company's market position.

The market read

The company reported significant year-on-year growth in EBITDA and PAT, along with stable revenue and improved margins, indicating strong financial performance and operational efficiency. Strategic initiatives and ESG recognition further contribute to a positive outlook.

RHI Magnesita India Limited (RHIM) announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a stable revenue of ₹1,030 crore for Q2 FY27, driven by strong performance in the Steel segment and an improved product mix. EBITDA for the quarter stood at ₹144 crore, marking a significant increase of 30% year-on-year, with an EBITDA margin of 14.0%, up 330 basis points. Profit After Tax (PAT) grew by 62% year-on-year to ₹62 crore.

For the half-year ended September 30, 2027 (H1 FY27), revenue was ₹2,044 crore, a 2% increase compared to H1 FY26. EBITDA for H1 FY27 rose by 36% to ₹291 crore, with an EBITDA margin of 14.2%. PAT for H1 FY27 saw a substantial increase of 72% to ₹127 crore.

The company highlighted key strategic updates including strengthening market share in flow control at Integrated Steel plants, securing new 4PRO wins in the Steel segment, and expanding its dealer footprint. RHIM also commenced MINPRO trading operations for mineral reprocessing of recyclable refractories and merged Intermetal & Ashwath for smoother operations.

In terms of operational performance, RHIM is focusing on advanced safety culture transformation and has seen positive results from trials of Tap hole clay and deployment of various machines in steel-making for safer operations. The company also achieved a 5-star Customer Safety Management Rating and benefits from the Group's global ESG recognition, including the EcoVadis Gold Medal.

The investor presentation, shared on November 13, 2026, also detailed the company's strategy focused on outgrowing the market, expanding 4PRO contracts, leveraging digitization and technology, driving cost competitiveness, and building a sustainability edge. The company emphasized its '4PRO' model, combining technology, expertise, and sustainability to revolutionize steelmaking in India through robotic solutions and digital kiln inspections.

RHIM India maintains a strong market leadership position with over 30% market share in India, backed by its 'Local for local' manufacturing strategy and a commitment to resilient margins and healthy cash conversion. The company is focused on expanding its capabilities and unlocking new opportunities, aiming to deliver sustainable value for all stakeholders.

Filing to action

What to do with a filing like this

RHI MAGNESITA INDIA LIMITED filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by RHI MAGNESITA INDIA LIMITED. Read the original for the full detail.

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