RHI Magnesita India Ltd
About
RHI Magnesita India Limited provides refractory products, systems, and solutions for industrial uses. Its products find applications in industries like cement, steel, non-ferrous metal, foundry, paper and pulp, and glass. RHI Magnesita India was formed after the integration of RHI Clasil, RHI India, and Orient Refractories Ltd., subsidiaries of the RHI Magnesita Group. It provides refractory solutions ranging from magnesia and alumina-based bricks and mixes to isostatic products and slide gates. The company specialises in the production of monoblock stoppers, nozzles and well blocks, slag arresting darts, and tundish nozzles, to name a few. RHI operates out of 3 manufacturing facilities located in Bhiwadi, Rajasthan; Visakhapatnam, Andhra Pradesh; and Salem, Tamil Nadu, with a combined production capacity of 537,423 metric tonnes per annum. Additionally, with the help of 30 site offices, the company serves over 700 customers in India and 75 countries across the globe.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3663 31.8% | 2779 30.6% | 2128 47.1% | 1447 4.8% | 1381 75.5% | 787 23.6% | 637 17.7% | 541 16.9% | 463 1.4% | 456 11.1% | 411 11.2% | 369 20.4% | 307 - | 0 - |
| Net Operating Income (INR Cr) | 3781 38.69% | 2726 36.36% | 1999 45.90% | 1370 -1.24% | 1388 85.52% | 748 0.00% | 628 20.99% | 519 13.18% | 459 1.67% | 451 11.86% | 404 11.90% | 361 20.03% | 300 0.00% | 0 0.00% |
| Profit (INR Cr) | -100 - | -466 - | 269 96.9% | 137 0.5% | 136 51.3% | 90 4.7% | 86 24.6% | 69 23.5% | 56 5.6% | 53 0.0% | 53 27.7% | 41 34.3% | 31 - | 0 - |
| Assets (INR Cr) | 4348 -5.1% | 4583 318.6% | 1095 26.0% | 869 12.2% | 775 105.5% | 377 16.4% | 324 18.1% | 274 31.9% | 208 16.6% | 178 22.1% | 146 33.7% | 109 18.9% | 92 - | 0 - |
| Net Worth (INR Cr) | 3846 33.0% | 2891 181.0% | 1029 27.7% | 806 14.6% | 703 86.9% | 376 0.0% | 323 18.1% | 273 33.5% | 205 20.5% | 170 23.4% | 138 34.5% | 102 36.4% | 75 - | 0 0.0% |
| Employee Cost (INR Cr) | 374 83.7% | 204 65.0% | 124 17.0% | 106 14.3% | 92 69.8% | 54 15.2% | 47 11.2% | 43 8.0% | 39 2.9% | 38 14.0% | 34 20.5% | 28 20.2% | 23 - | 0 - |
| Interest Cost (INR Cr) | 65 | 40 | 3 | 7 | 14 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 4 | 0 |
| Cash & Bank Balance (INR Cr) | 53 | 326 | 78 | 160 | 127 | 28 | 13 | 111 | 76 | 26 | 18 | 1 | 1 | 0 |
| Total Debt (INR Cr) | 487 | 1589 | 65 | 62 | 71 | 0 | 0 | 0 | 0 | 5 | 6 | 5 | 16 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | - | 12.6% | 9.4% | 9.8% | 11.4% | 13.5% | 12.7% | 12.1% | 11.6% | 12.9% | 11.2% | 10.1% | - |
| Profit As % Of Assets | - | - | 24.6% | 15.7% | 17.5% | 23.8% | 26.5% | 25.1% | 26.9% | 29.7% | 36.2% | 37.9% | 33.5% | - |
| Profit As % Of Networth | - | - | 26.2% | 17.0% | 19.3% | 23.9% | 26.6% | 25.2% | 27.3% | 31.1% | 38.4% | 40.4% | 41.1% | - |
| Interest Cost to EBITDA % | 29.6% | - | 0.8% | 3.4% | 6.3% | 0.9% | 0.8% | 0.5% | - | 0.1% | 0.1% | 2.0% | 8.0% | - |
| Debt to Equity Ratio | 0.13 | 0.55 | 0.06 | 0.08 | 0.10 | - | - | - | - | 0.03 | 0.04 | 0.05 | 0.21 | - |
| RONW | - | - | 29.3% | 18.1% | 25.2% | 23.9% | 28.8% | 28.8% | 29.8% | 34.4% | 44.0% | 46.7% | 82.2% | - |
| ROCE | 8.6% | 10.9% | 36.7% | 23.3% | 34.6% | 36.8% | 44.1% | 43.9% | 43.9% | 49.2% | 62.4% | 62.4% | 108.2% | 0.0% |