| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 987 | 923 | 943 | 879 | 867 | 1,011 | 918 | 960 | 1,035 | 1,092 | 932 | 1,014 | |
Growth YoY Revenue Growth YoY% | 64.4 | 43.1 | 7.8 | -5.3 | -12.1 | 9.5 | -2.7 | 9.3 | 19.4 | 8.0 | 1.6 | 5.6 |
| 839 | 806 | 795 | 725 | 760 | 886 | 825 | 858 | 926 | 949 | 845 | 876 | |
| 148 | 117 | 148 | 154 | 107 | 125 | 93 | 102 | 109 | 143 | 87 | 138 | |
OPM OPM% | 15.0 | 12.7 | 15.7 | 17.5 | 12.3 | 12.4 | 10.1 | 10.7 | 10.6 | 13.1 | 9.4 | 13.6 |
| 3 | 1 | -322 | 3 | 15 | 7 | 1 | 1 | 1 | 2 | -531 | 9 | |
Interest Expense Interest ExpenseCr | 9 | 16 | 13 | 11 | 10 | 13 | 9 | 8 | 9 | 11 | 8 | 10 |
Depreciation DepreciationCr | 44 | 48 | 44 | 48 | 50 | 55 | 47 | 47 | 49 | 49 | 51 | 50 |
PBT PBTCr | 98 | 54 | -231 | 98 | 62 | 64 | 38 | 48 | 52 | 84 | -503 | 87 |
| 26 | 15 | 27 | 25 | 16 | 17 | 2 | 13 | 13 | 22 | 15 | 23 | |
| 72 | 39 | -258 | 73 | 46 | 48 | 36 | 35 | 38 | 62 | -518 | 65 | |
Growth YoY PAT Growth YoY% | -0.9 | -32.9 | 62.0 | 55.7 | -35.9 | 20.7 | 114.0 | -51.6 | -16.5 | 29.5 | -1,532.0 | 83.2 |
NPM NPM% | 7.3 | 4.3 | -27.3 | 8.3 | 5.3 | 4.7 | 3.9 | 3.7 | 3.7 | 5.6 | -55.6 | 6.4 |
| 3.5 | 1.9 | -12.5 | 3.5 | 2.2 | 2.3 | 1.8 | 1.7 | 1.9 | 3.0 | -25.1 | 3.1 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 987 | 923 | 943 | 879 | 867 | 1,011 | 918 | 960 | 1,035 | 1,092 | 932 | 1,014 | |
Growth YoY Revenue Growth YoY% | 64.4 | 43.1 | 7.8 | -5.3 | -12.1 | 9.5 | -2.7 | 9.3 | 19.4 | 8.0 | 1.6 | 5.6 |
| 839 | 806 | 795 | 725 | 760 | 886 | 825 | 858 | 926 | 949 | 845 | 876 | |
| 148 | 117 | 148 | 154 | 107 | 125 | 93 | 102 | 109 | 143 | 87 | 138 | |
OPM OPM% | 15.0 | 12.7 | 15.7 | 17.5 | 12.3 | 12.4 | 10.1 | 10.7 | 10.6 | 13.1 | 9.4 | 13.6 |
| 3 | 1 | -322 | 3 | 15 | 7 | 1 | 1 | 1 | 2 | -531 | 9 | |
Interest Expense Interest ExpenseCr | 9 | 16 | 13 | 11 | 10 | 13 | 9 | 8 | 9 | 11 | 8 | 10 |
Depreciation DepreciationCr | 44 | 48 | 44 | 48 | 50 | 55 | 47 | 47 | 49 | 49 | 51 | 50 |
PBT PBTCr | 98 | 54 | -231 | 98 | 62 | 64 | 38 | 48 | 52 | 84 | -503 | 87 |
| 26 | 15 | 27 | 25 | 16 | 17 | 2 | 13 | 13 | 22 | 15 | 23 | |
| 72 | 39 | -258 | 73 | 46 | 48 | 36 | 35 | 38 | 62 | -518 | 65 | |
Growth YoY PAT Growth YoY% | -0.9 | -32.9 | 62.0 | 55.7 | -35.9 | 20.7 | 114.0 | -51.6 | -16.5 | 29.5 | -1,532.0 | 83.2 |
NPM NPM% | 7.3 | 4.3 | -27.3 | 8.3 | 5.3 | 4.7 | 3.9 | 3.7 | 3.7 | 5.6 | -55.6 | 6.4 |
| 3.5 | 1.9 | -12.5 | 3.5 | 2.2 | 2.3 | 1.8 | 1.7 | 1.9 | 3.0 | -25.1 | 3.1 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 748 | 1,388 | 1,370 | 1,999 | 2,726 | 3,781 | 3,675 | 4,020 | 4,074 |
Growth Revenue Growth% | 85.5 | -1.2 | 45.9 | 36.4 | 38.7 | -2.8 | 9.4 | 8.4 | |
| 620 | 1,174 | 1,162 | 1,611 | 2,366 | 3,235 | 3,195 | 3,578 | 3,596 | |
| 128 | 214 | 209 | 388 | 360 | 546 | 479 | 442 | 477 | |
OPM OPM% | 17.1 | 15.4 | 15.2 | 19.4 | 13.2 | 14.4 | 13.0 | 11.0 | 11.7 |
| 18 | 10 | 12 | 5 | -646 | -315 | 26 | -528 | -519 | |
Interest Expense Interest ExpenseCr | 0 | 12 | 6 | 2 | 39 | 64 | 43 | 37 | 39 |
Depreciation DepreciationCr | 9 | 26 | 30 | 34 | 71 | 182 | 200 | 197 | 200 |
PBT PBTCr | 138 | 186 | 185 | 357 | -396 | -16 | 263 | -320 | -280 |
| 48 | 50 | 48 | 88 | 69 | 85 | 60 | 63 | 73 | |
PAT PATCr | 90 | 136 | 137 | 269 | -466 | -100 | 203 | -383 | -354 |
Growth PAT Growth% | 51.3 | 0.5 | 96.9 | -273.1 | 78.5 | 302.3 | -289.1 | -314.4 | |
NPM NPM% | 12.0 | 9.8 | 10.0 | 13.4 | -17.1 | -2.6 | 5.5 | -9.5 | -8.7 |
| 7.5 | 8.4 | 8.5 | 16.7 | -27.9 | -4.9 | 9.8 | -18.5 | -17.1 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 748 | 1,388 | 1,370 | 1,999 | 2,726 | 3,781 | 3,675 | 4,020 | 4,074 |
Growth Revenue Growth% | 85.5 | -1.2 | 45.9 | 36.4 | 38.7 | -2.8 | 9.4 | 8.4 | |
| 620 | 1,174 | 1,162 | 1,611 | 2,366 | 3,235 | 3,195 | 3,578 | 3,596 | |
| 128 | 214 | 209 | 388 | 360 | 546 | 479 | 442 | 477 | |
OPM OPM% | 17.1 | 15.4 | 15.2 | 19.4 | 13.2 | 14.4 | 13.0 | 11.0 | 11.7 |
| 18 | 10 | 12 | 5 | -646 | -315 | 26 | -528 | -519 | |
Interest Expense Interest ExpenseCr | 0 | 12 | 6 | 2 | 39 | 64 | 43 | 37 | 39 |
Depreciation DepreciationCr | 9 | 26 | 30 | 34 | 71 | 182 | 200 | 197 | 200 |
PBT PBTCr | 138 | 186 | 185 | 357 | -396 | -16 | 263 | -320 | -280 |
| 48 | 50 | 48 | 88 | 69 | 85 | 60 | 63 | 73 | |
PAT PATCr | 90 | 136 | 137 | 269 | -466 | -100 | 203 | -383 | -354 |
Growth PAT Growth% | 51.3 | 0.5 | 96.9 | -273.1 | 78.5 | 302.3 | -289.1 | -314.4 | |
NPM NPM% | 12.0 | 9.8 | 10.0 | 13.4 | -17.1 | -2.6 | 5.5 | -9.5 | -8.7 |
| 7.5 | 8.4 | 8.5 | 16.7 | -27.9 | -4.9 | 9.8 | -18.5 | -17.1 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 12 | 12 | 12 | 16 | 19 | 21 | 21 | 21 |
Reserves ReservesCr | 364 | 687 | 790 | 1,013 | 2,872 | 3,825 | 3,978 | 3,540 |
| 130 | 290 | 391 | 606 | 2,508 | 884 | 810 | 939 | |
| 2 | 58 | 63 | 39 | 393 | 385 | 367 | 361 | |
| 508 | 1,052 | 1,260 | 1,674 | 5,881 | 5,116 | 5,176 | 4,861 | |
| 438 | 806 | 956 | 1,338 | 2,545 | 2,198 | 2,304 | 2,587 | |
| 70 | 245 | 303 | 336 | 3,336 | 2,917 | 2,872 | 2,274 | |
| 508 | 1,052 | 1,260 | 1,674 | 5,881 | 5,116 | 5,176 | 4,861 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 12 | 12 | 12 | 16 | 19 | 21 | 21 | 21 |
Reserves ReservesCr | 364 | 687 | 790 | 1,013 | 2,872 | 3,825 | 3,978 | 3,540 |
| 130 | 290 | 391 | 606 | 2,508 | 884 | 810 | 939 | |
| 2 | 58 | 63 | 39 | 393 | 385 | 367 | 361 | |
| 508 | 1,052 | 1,260 | 1,674 | 5,881 | 5,116 | 5,176 | 4,861 | |
| 438 | 806 | 956 | 1,338 | 2,545 | 2,198 | 2,304 | 2,587 | |
| 70 | 245 | 303 | 336 | 3,336 | 2,917 | 2,872 | 2,274 | |
| 508 | 1,052 | 1,260 | 1,674 | 5,881 | 5,116 | 5,176 | 4,861 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 54 | 173 | 165 | 27 | 238 | 271 | 373 | 409 | |
| -5 | 26 | -79 | -70 | -1,150 | -312 | -113 | -339 | |
| -35 | -118 | -54 | -50 | 1,172 | -231 | -213 | -9 | |
Net Cash Flow Net Cash FlowCr | 14 | 81 | 33 | -93 | 260 | -272 | 47 | 61 |
Free Cash Flow Free Cash FlowCr | 55 | 174 | 166 | 28 | 241 | 273 | 375 | 410 |
CFO To PAT CFO To PAT% | 60.5 | 127.5 | 121.1 | 10.1 | -51.2 | -270.3 | 184.2 | -106.8 |
CFO To EBITDA CFO To EBITDA% | 42.5 | 81.0 | 79.3 | 7.0 | 66.2 | 49.6 | 77.9 | 92.6 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 54 | 173 | 165 | 27 | 238 | 271 | 373 | 409 | |
| -5 | 26 | -79 | -70 | -1,150 | -312 | -113 | -339 | |
| -35 | -118 | -54 | -50 | 1,172 | -231 | -213 | -9 | |
Net Cash Flow Net Cash FlowCr | 14 | 81 | 33 | -93 | 260 | -272 | 47 | 61 |
Free Cash Flow Free Cash FlowCr | 55 | 174 | 166 | 28 | 241 | 273 | 375 | 410 |
CFO To PAT CFO To PAT% | 60.5 | 127.5 | 121.1 | 10.1 | -51.2 | -270.3 | 184.2 | -106.8 |
CFO To EBITDA CFO To EBITDA% | 42.5 | 81.0 | 79.3 | 7.0 | 66.2 | 49.6 | 77.9 | 92.6 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 2,851 | 1,394 | 2,724 | 9,864 | 11,837 | 11,374 | 10,428 | 6,962 | 7,818 |
Price To Earnings Price To Earnings | 31.7 | 10.3 | 19.9 | 36.7 | -113.3 | 51.5 | |||
Price To Sales Price To Sales | 3.8 | 1.0 | 2.0 | 4.9 | 4.3 | 3.0 | 2.8 | 1.7 | 1.9 |
Price To Book Price To Book | 7.6 | 2.0 | 3.4 | 9.6 | 4.1 | 3.0 | 2.6 | 2.0 | 2.2 |
EV To EBITDA EV To EBITDA | 22.1 | 6.2 | 12.6 | 25.4 | 36.4 | 21.6 | 22.4 | 16.4 | 16.6 |
GPM GPM% | 27.2 | 25.2 | 24.8 | 29.1 | 26.5 | 29.5 | 28.4 | 26.6 | 26.6 |
OPM OPM% | 17.1 | 15.4 | 15.2 | 19.4 | 13.2 | 14.4 | 13.0 | 11.0 | 11.7 |
NPM NPM% | 12.0 | 9.8 | 10.0 | 13.4 | -17.1 | -2.6 | 5.5 | -9.5 | -8.7 |
ROCE ROCE% | 36.5 | 25.9 | 22.1 | 32.9 | -8.0 | 1.1 | 7.0 | -7.0 | -7.0 |
ROE ROE% | 23.9 | 19.4 | 17.0 | 26.1 | -16.1 | -2.6 | 5.1 | -10.8 | -10.8 |
ROA ROA% | 17.7 | 12.9 | 10.8 | 16.1 | -7.9 | -2.0 | 3.9 | -7.9 | -7.9 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 2,851 | 1,394 | 2,724 | 9,864 | 11,837 | 11,374 | 10,428 | 6,962 | 7,818 |
Price To Earnings Price To Earnings | 31.7 | 10.3 | 19.9 | 36.7 | -113.3 | 51.5 | |||
Price To Sales Price To Sales | 3.8 | 1.0 | 2.0 | 4.9 | 4.3 | 3.0 | 2.8 | 1.7 | 1.9 |
Price To Book Price To Book | 7.6 | 2.0 | 3.4 | 9.6 | 4.1 | 3.0 | 2.6 | 2.0 | 2.2 |
EV To EBITDA EV To EBITDA | 22.1 | 6.2 | 12.6 | 25.4 | 36.4 | 21.6 | 22.4 | 16.4 | 16.6 |
GPM GPM% | 27.2 | 25.2 | 24.8 | 29.1 | 26.5 | 29.5 | 28.4 | 26.6 | 26.6 |
OPM OPM% | 17.1 | 15.4 | 15.2 | 19.4 | 13.2 | 14.4 | 13.0 | 11.0 | 11.7 |
NPM NPM% | 12.0 | 9.8 | 10.0 | 13.4 | -17.1 | -2.6 | 5.5 | -9.5 | -8.7 |
ROCE ROCE% | 36.5 | 25.9 | 22.1 | 32.9 | -8.0 | 1.1 | 7.0 | -7.0 | -7.0 |
ROE ROE% | 23.9 | 19.4 | 17.0 | 26.1 | -16.1 | -2.6 | 5.1 | -10.8 | -10.8 |
ROA ROA% | 17.7 | 12.9 | 10.8 | 16.1 | -7.9 | -2.0 | 3.9 | -7.9 | -7.9 |
Documents — RHI Magnesita India Ltd
Concall Transcript Summaries — RHI Magnesita India Ltd