Gurugram: RHI Magnesita India Limited, the leading manufacturer and supplier of high-grade refractory products, systems and solutions, has reported its audited consolidated financial results for the fourth quarter and full year ended March 31, 2025 (Q4 & FY2025).
Commenting on the results, Parmod Sagar – Chairman, MD & CEO of RHI Magnesita India Ltd. said, “Despite a challenging market environment marked by commoditization, flat shipment volumes, and lower realization rates in the refractory industry, our resilient business fundamentals enabled us to deliver the highest-ever cash flow in FY25. This was achieved even amid sustained margin pressures stemming from elevated raw material costs, which could not be fully passed on to our customers.
We remain confident in our growth trajectory, driven by the continued rise in steel and cement production, along with a robust order book. Our strategic investments in the Ironmaking Excellence Center, secondary raw materials, and research & development will further enhance our cost competitiveness and strengthen our market position.
I believe the recent additions to our Board with strong industry background will be a true value generation for our shareholders and our company.”
The company announced to consider the appointment and/or re-appointment of Directors:
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Priyabrata Panda (Former Managing Director of TRL Krosaki Refractories Ltd.) as an Independent Director for a period of five years.
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Re-appointment of Nazim Sheikh (Former Managing Director, Sandur Manganese & Iron Ores Ltd.) as an Independent Director for second term of five years.
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Appointment of Azim Syed, Chief Financial Officer, RHI Magnesita India Ltd. as Whole- Time Director and Chief Financial Officer for a period of five years.
These appointments and/or re-appointment are subject to the approval of shareholders.
Key Performance Highlights:
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Revenue from operations for FY25 was Rs. 3,675 crore
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EBITDA for FY25 was Rs. 505 crore
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PAT for FY25 was Rs. 203 crore
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Net Debt/EBITDA ratio at 0.3x
