Gurugram: RHI Magnesita India Limited, the leading manufacturer and supplier of high-grade refractory products, systems and solutions, has reported audited consolidated financial results for the year ended March 31, 2026 (FY2026)
Parmod Sagar, Chairman, MD & CEO of RHI Magnesita India Ltd. said, “FY26 reinforced the importance of resilience, agility, and disciplined execution in a dynamic environment. Despite pricing pressures, excess industry capacity, inflationary trends, intense competition, and evolving geopolitical developments leading to elevated energy and freight costs, we have delivered a resilient performance while strengthening our long-term strategic positioning.
Structural growth drivers across the steel and cement sectors continue to create opportunities for the refractory industry, particularly for technology-led and sustainability-focused solution providers. We advanced our competitive edge by de-commoditizing refractory business through the 4PRO model, offering integrated, value-added solutions that enhance price realization, deepen customer integration, and improve long-term contract visibility”.
Key Financial Highlights – FY26:
- Revenue from operations at ₹4,020 Crore (+9% YoY)
- Shipment Volumes at 523 KT (+5% YoY)
- Adjusted EBITDA* at ₹477 crore
- Adjusted PAT* at ₹180 crore
- Net Debt/EBITDA turning negative at -0.1x
- Operating cash flows at ₹409 crore
