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RHIM
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Summary
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Recent events
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News
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Corporate Actions
RHI Magnesita India Says Unit Executes Share Purchase Agreement With Ashwath Technologies
March 4 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
UNIT EXECUTES SHARE PURCHASE AGREEMENT WITH ASHWATH TECHNOLOGIES
UNIT TO ACQUIRE 100% SHARE CAPITAL OF ASHWATH FOR 140 MILLION RUPEES
Source text: ID:nBSE7Nl54z
Further company coverage: RHIM.NS
(([email protected];;))
March 4 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
UNIT EXECUTES SHARE PURCHASE AGREEMENT WITH ASHWATH TECHNOLOGIES
UNIT TO ACQUIRE 100% SHARE CAPITAL OF ASHWATH FOR 140 MILLION RUPEES
Source text: ID:nBSE7Nl54z
Further company coverage: RHIM.NS
(([email protected];;))
RHI Magnesita India Dec-Quarter Consol Net Profit 475.4 Mln Rupees
Feb 11 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
DEC-QUARTER CONSOL NET PROFIT 475.4 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.11 BILLION RUPEES
Source text: [ID:]
Further company coverage: RHIM.NS
(([email protected];;))
Feb 11 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
DEC-QUARTER CONSOL NET PROFIT 475.4 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.11 BILLION RUPEES
Source text: [ID:]
Further company coverage: RHIM.NS
(([email protected];;))
RHI Magnesita India falls on Q2 profit plunge
** Shares of RHI Magnesita India RHIM.NS fall as much as 6.4% to 556 rupees, hitting their lowest since late March; last down 3.2%
** Refractory products maker reports a near 36% fall in Sept-qtr consol net profit at 459.1 million rupees ($5.4 million) while rev from ops fell 12%
** Busiest session for the stock since mid Oct; more than 372,000 shares change hands, twice the 30-day avg
** Stock down ~29% so far this year
($1 = 84.3530 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of RHI Magnesita India RHIM.NS fall as much as 6.4% to 556 rupees, hitting their lowest since late March; last down 3.2%
** Refractory products maker reports a near 36% fall in Sept-qtr consol net profit at 459.1 million rupees ($5.4 million) while rev from ops fell 12%
** Busiest session for the stock since mid Oct; more than 372,000 shares change hands, twice the 30-day avg
** Stock down ~29% so far this year
($1 = 84.3530 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
RHI Magnesita India Says Sept-Quarter Consol Net Profit At 459.1 Million Rupees
Nov 7 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL NET PROFIT 459.1 MILLION RUPEES
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.67 BILLION RUPEES
Source text: [ID:]
Further company coverage: RHIM.NS
(([email protected];))
Nov 7 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL NET PROFIT 459.1 MILLION RUPEES
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.67 BILLION RUPEES
Source text: [ID:]
Further company coverage: RHIM.NS
(([email protected];))
RHI Magnesita India set for best day in 2-1/2 months on quarterly profit rise
** Shares of refractory products maker RHI Magnesita India RHIM.NS rise as much as 12.9% to 668.4 rupees, marking sharpest intraday climb since May 30
** Stock sees heaviest trading volumes since Nov. 23, 2022 with over 4.3 mln shares changing hands, 17.6x the 30-day avg
** RHIM on Wednesday reported 36.7% rise in June-quarter profit to 816.4 million rupees ($9.7 million)
** Revenue from operations rose to 7.01 billion rupees from 6.77 billion rupees a year ago
** Stock last up 12.3%, cutting YTD losses to 17.9%
($1 = 83.9510 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
** Shares of refractory products maker RHI Magnesita India RHIM.NS rise as much as 12.9% to 668.4 rupees, marking sharpest intraday climb since May 30
** Stock sees heaviest trading volumes since Nov. 23, 2022 with over 4.3 mln shares changing hands, 17.6x the 30-day avg
** RHIM on Wednesday reported 36.7% rise in June-quarter profit to 816.4 million rupees ($9.7 million)
** Revenue from operations rose to 7.01 billion rupees from 6.77 billion rupees a year ago
** Stock last up 12.3%, cutting YTD losses to 17.9%
($1 = 83.9510 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
RHI Magnesita India June-Quarter Consol Net Profit 728.8 Million Rupees
Aug 14 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD JUNE-QUARTER CONSOL NET PROFIT 728.8 MILLION RUPEES
RHI MAGNESITA INDIA LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.79 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: RHIM.NS
(([email protected];))
Aug 14 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD JUNE-QUARTER CONSOL NET PROFIT 728.8 MILLION RUPEES
RHI MAGNESITA INDIA LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.79 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: RHIM.NS
(([email protected];))
RHI Magnesita India CFO Vijaya Gupta Resigned
Feb 19 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
CHIEF FINANCIAL OFFICER VIJAYA GUPTA RESIGNED
Further company coverage: RHIM.NS
(([email protected];))
Feb 19 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
CHIEF FINANCIAL OFFICER VIJAYA GUPTA RESIGNED
Further company coverage: RHIM.NS
(([email protected];))
RHI Magnesita India Ltd Sept-Quarter Consol Profit After Tax Falls
Nov 8 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL PAT 716 MILLION RUPEES VERSUS PROFIT 722.3 MILLION RUPEES
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 9.87 BILLION RUPEES VERSUS 6 BILLION RUPEES
Source text for Eikon: ID:nNSE3LS3RP
Further company coverage: RHIM.NS
(([email protected];))
Nov 8 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL PAT 716 MILLION RUPEES VERSUS PROFIT 722.3 MILLION RUPEES
RHI MAGNESITA INDIA LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 9.87 BILLION RUPEES VERSUS 6 BILLION RUPEES
Source text for Eikon: ID:nNSE3LS3RP
Further company coverage: RHIM.NS
(([email protected];))
RHI Magnesita India June-Quarter Consol Net Profit Falls
Aug 10 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
JUNE-QUARTER CONSOL NET PROFIT 467.6 MILLION RUPEES VERSUS PROFIT 823.5 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.28 BILLION RUPEES VERSUS 6.02 BILLION RUPEES
Source text for Eikon: ID:nBSEc16JK1
Further company coverage: RHIM.NS
(([email protected];;))
Aug 10 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
JUNE-QUARTER CONSOL NET PROFIT 467.6 MILLION RUPEES VERSUS PROFIT 823.5 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.28 BILLION RUPEES VERSUS 6.02 BILLION RUPEES
Source text for Eikon: ID:nBSEc16JK1
Further company coverage: RHIM.NS
(([email protected];;))
RHI Magnesita India Makes Further Investment In Unit Dalmia OCL of 3.51 Bln rupees
May 8 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD -CO HAS MADE FURTHER INVESTMENT IN UNIT DALMIA OCL LIMITED
RHI MAGNESITA INDIA LTD - INVESTMENT FOR AMOUNT AGGREGATING TO 3.51 BILLION RUPEES
Source text for Eikon: ID:nBSEb8cBW8
Further company coverage: RHIM.NS
(([email protected];))
May 8 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD -CO HAS MADE FURTHER INVESTMENT IN UNIT DALMIA OCL LIMITED
RHI MAGNESITA INDIA LTD - INVESTMENT FOR AMOUNT AGGREGATING TO 3.51 BILLION RUPEES
Source text for Eikon: ID:nBSEb8cBW8
Further company coverage: RHIM.NS
(([email protected];))
RHI Magnesita India Approves Issue Of Shares Upto 9 Billion Rupees
April 6 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD - APPROVED ISSUE OF SHARES UPTO 9 BILLION RUPEES
Source text for Eikon: ID:nBSE4jPtfC
Further company coverage: RHIM.NS
(([email protected];))
April 6 (Reuters) - RHI Magnesita India Ltd RHIM.NS:
RHI MAGNESITA INDIA LTD - APPROVED ISSUE OF SHARES UPTO 9 BILLION RUPEES
Source text for Eikon: ID:nBSE4jPtfC
Further company coverage: RHIM.NS
(([email protected];))
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Popular questions
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What does RHI Magnesita do?
RHI Magnesita India Limited supplies high-grade refractory products for steel, cement, and glass industries. They manufacture and trade refractories, monolithics, bricks, and ceramic paper.
Who are the competitors of RHI Magnesita?
RHI Magnesita major competitors are Vesuvius India, IFGL Refractories, Morganite Crucible(I, Nilachal Refactories, SP Refractories, Technocraft Inds, Shankara Bldg. Prod. Market Cap of RHI Magnesita is ₹9,843 Crs. While the median market cap of its peers are ₹1,349 Crs.
Is RHI Magnesita financially stable compared to its competitors?
RHI Magnesita seems to be less financially stable compared to its competitors. Altman Z score of RHI Magnesita is 5.43 and is ranked 4 out of its 8 competitors.
Does RHI Magnesita pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. RHI Magnesita latest dividend payout ratio is 14.96% and 3yr average dividend payout ratio is 14.96%
How has RHI Magnesita allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is RHI Magnesita balance sheet?
Balance sheet of RHI Magnesita is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of RHI Magnesita improving?
Yes, profit is increasing. The profit of RHI Magnesita is -₹91.57 Crs for TTM, -₹100.45 Crs for Mar 2024 and -₹466.11 Crs for Mar 2023.
Is the debt of RHI Magnesita increasing or decreasing?
The debt of RHI Magnesita is decreasing. Latest debt of RHI Magnesita is ₹179 Crs as of Sep-24. This is less than Mar-24 when it was ₹256 Crs.
Is RHI Magnesita stock expensive?
RHI Magnesita is not expensive. Latest PE of RHI Magnesita is 0.0, while 3 year average PE is 20.99. Also latest EV/EBITDA of RHI Magnesita is 18.75 while 3yr average is 24.99.
Has the share price of RHI Magnesita grown faster than its competition?
RHI Magnesita has given lower returns compared to its competitors. RHI Magnesita has grown at ~-9.25% over the last 3yrs while peers have grown at a median rate of 12.38%
Is the promoter bullish about RHI Magnesita?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in RHI Magnesita is 56.07% and last quarter promoter holding is 56.07%.
Are mutual funds buying/selling RHI Magnesita?
The mutual fund holding of RHI Magnesita is increasing. The current mutual fund holding in RHI Magnesita is 12.63% while previous quarter holding is 12.28%.