RHI Magnesita India Limited has announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company reported a 6% year-over-year increase in revenue from operations, reaching ₹1,014 crore. Operating EBITDA saw a substantial jump of 42% to ₹147 crore, with profitability also rising significantly.
RHI Magnesita India Reports Strong Q1 FY27 Performance
Gurugram, Haryana, August 11, 2026 – RHI Magnesita India Limited, a leading manufacturer and supplier of high-grade refractory products, systems, and solutions, today announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company achieved a strong start to the fiscal year, demonstrating healthy growth in both revenue and profitability amidst a challenging operating environment.
Key Financial Highlights for Q1 FY27
The company’s performance underscores the strength of its differentiated 4PRO business model and its ability to navigate market complexities. Key financial highlights include:
- Revenue from operations stood at ₹1,014 crore, marking a 6% increase year-over-year (YoY).
- Operating EBITDA surged by 42% YoY to ₹147 crore.
- Operating EBITDA margin improved to 14.5%, a 3.7 percentage points increase YoY.
- Profit After Tax (PAT) grew substantially by 83% YoY to ₹65 crore.
- The net cash/EBITDA ratio was reported at a healthy 0.27x.
- Shipment Volumes reached 122 KT.
Leadership Transition and Future Outlook
The first quarter also marked a significant leadership transition, with Mr. Pankaj Malhan assuming the role of Managing Director & Chief Executive Officer, while Mr. Parmod Sagar continues as Chairman. Both leaders expressed confidence in the company’s strategy to drive sustainable value creation.
Mr. Parmod Sagar, Chairman, commented, “We delivered a strong start to FY27, achieving healthy growth in both revenue and profitability despite a challenging operating environment characterized by pricing pressures, cost inflation, and competitive intensity. Our differentiated 4PRO business model, deep customer partnerships, and solution-led approach continue to strengthen our market position and drive sustainable value creation.”
Mr. Pankaj Malhan, Managing Director & Chief Executive Officer, added, “Our performance reflects the strength of our business model and executional capabilities to navigate the challenges emanating from both global headwinds and domestic challenges. Moving forward during the year, we will continue to remain focused on creating value for our customers by further strengthening our execution capabilities and leveraging our differentiated 4PRO model to accelerate sustainable growth and long-term value creation for all stakeholders.”
Source: BSE
