Gurugram: RHI Magnesita India Limited, the leading manufacturer and supplier of high-grade refractory products, systems and solutions, has reported unaudited consolidated financial results for the first quarter June 30th, 2026 (Q1 FY27).
Parmod Sagar, Chairman of RHI Magnesita India Ltd said, “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.
Q1 also marked an important leadership transition for the Company. I am delighted to welcome Mr. Pankaj Malhan as Managing Director & Chief Executive Officer, while I continue to serve as Chairman. Together, we remain committed to executing our strategy, enhancing stakeholder value, and building a stronger, more resilient business for the future.”
Pankaj Malhan, Managing Director & Chief Executive Officer said, “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.”
Key Financial Highlights:
· Revenue from operations at ₹1,014 crore (+6% YoY)
· Operating EBITDA at ₹147 crore (+42% YoY)
· Operating EBITDA % at 14.5% (+3.7% pp YoY)
· PAT at ₹65 crore (+83% YoY)
· Net cash/EBITDA ratio at 0.27x
· Shipment Volumes at 122 KT







