Results - Announcements
RHI Magnesita India Ltd share price ticked higher by 0.33% to Rs 363.95 after the company's net profit softened by 3.88% to Rs 62.1 crore, while revenue from operations improved marginally 1.61% to Rs 1030.29 crore in Q2FY27 over Q2FY26.
The market capitalization of Electrodes & Refractories industry group stocks on BSE stood at Rs 54609.77 crore, easing 7.37%. It has improved by 3.77% over last one week and dipped slightly by 4.61% in last one month while the market capitalization of RHI Magnesita India Ltd has inched up 1.42% and 3.96% in the same period respectively.
Profit before tax (PBT) of RHI Magnesita India Ltd stood at Rs 85.21 crore in Q2 FY27, rallying 64.56% year-on-year, and declining 2.52% quarter-on-quarter. EBITDA came in at Rs 128 crore, expanding by 18.38% YoY and slipping 0.15% sequentially.
Total expenses posted a minor rise of 1.97% to Rs 944.22 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 408.41 crore, marginally falling by 2.01% YoY, while employee benefits expense was at Rs 107.27 crore, inching up 5.84% YoY.
For FY26, revenue from operations posted a slight growth of 9.40% to Rs 4019.95 crore, while net profit tumbled by 289.10% to Rs 382.94 crore, compared to previous FY. EBITDA witnessed a strong improvement of 44911% to Rs 413.31 crore, and PBT collapsed by 221.74% to Rs 319.77 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 409.1 crore in FY26, as against Rs 373.08 crore in FY25.
RHI Magnesita India Ltd nosedived by 24.18% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.03% during the same period.