Rhi Magnesita India Ltd — earnings calls

RHI Magnesita India reported Q1 FY27 revenue of Rs 1,014 crores, up 9% quarter-on-quarter and 6% year-on-year, with EBITDA rising 42% year-on-year to Rs 147 crores and margin improving to 14.5% from 10.8% a year earlier. Profit after tax nearly doubled to Rs 65 crores from Rs 35 crores in Q1 FY26. Management announced a leadership transition with Pankaj Malhan becoming Managing Director and CEO while Parmod Sagar continues as Chairman, and discussed a new joint venture with Khemka Refractories called MINPRO for a greenfield mineral processing facility in Odisha.

RHI Magnesita India reported FY26 revenue crossing INR 4,000 crores for the first time, up 9% year-on-year, with shipments growing 5% to 523 kilotons. Full-year adjusted EBITDA margin came in at 11.9%, down from 13.7% in FY25, while Q4 revenue was INR 932 crores with a 12.1% EBITDA margin, partly reflecting a goodwill impairment related to RHIM IR. Management described plans for FY27 including price increases, a large coke oven order, and continued 4PRO platform expansion.