RHI Magnesita India announced unaudited consolidated results for the third quarter ending December 31, 2025 (Q3 FY26). The company reported a strong growth trajectory, driven by resilience and strategic execution. Key highlights include Revenue from operations at ₹1,092 crore (+5.5% QoQ) and PAT growing by 61% QoQ to ₹62 crore. Management expressed cautious optimism for future quarters while noting market capacity pressures.
Q3 FY26 Financial Results Snapshot
RHI Magnesita India Limited today disclosed its unaudited consolidated financial results for the third quarter ended December 31, 2025 (Q3 FY26). The company highlighted continued market share gains supported by strategic initiatives, particularly in iron making and flow control through 4PRO contracts, which delivered record revenues.
Key Financial Highlights
The third quarter showcased significant performance improvements across key profitability metrics:
- Revenue from operations reached ₹1,092 crore, marking a +5.5% increase Quarter-over-Quarter (QoQ).
- Adjusted EBITDA stood at ₹150 crore, reflecting a strong +36% QoQ growth.
- Profit After Tax (PAT) saw a substantial surge, reporting at ₹62 crore, which is +61% QoQ.
- Shipment Volumes experienced a marginal decrease, settling at 136 KT (-4% QoQ).
- The company achieved a significant milestone by reaching a Net Debt/EBITDA ratio to Negative at -0.1x, indicating improved leverage management.
Management Commentary on Resilience
Parmod Sagar, Chairman, MD & CEO, stated that the results reflect “consistent performance and market share gains”, reinforcing confidence in sustainable growth. He noted that long-term customer relationships and product performance strengthened resilience. For the first time post-acquisition, the disciplined approach enabled the company to achieve negative leverage. Management remains “cautiously optimistic” for the upcoming quarters despite existing market excess capacity.
About RHI Magnesita India
RHI Magnesita India Ltd. holds the position as a leading manufacturer and supplier of high-grade refractory products, systems, and solutions. These critical materials support high-temperature processes exceeding 1,200°C across industries such as steel, cement, non-ferrous metals, and glass. The company operates 8 state-of-the-art manufacturing plants supported by a workforce of over 6,000 skilled personnel.
Source: BSE
