RHI Magnesita India Ltd (RHIM)
₹589.35▲1.37%
Analyst Rating
based on 3 analysts
66.67%
Buy
33.33%
Hold
0.00%
Sell
Based on 3 analysts offering long term price targets for RHI Magnesita India Ltd. An average target of ₹768.67
Source: S&P Global Market Intelligence
RHI Magnesita India Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹580.65₹592.852 Week's Low
52 Week's High
₹504.25₹824
| Returns % | |
| 1 Month Return | -10.58 % |
| 3 Month Return | -11.88 % |
| 1 Year Return | -6.38 % |
| Market Stats | |
| Previous Close | ₹581.40 |
| Open | ₹581.85 |
| Volume | 1.09L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,005.99Cr |
Key Statistics
| P/E Ratio | -120.87 |
| PEG Ratio | -6.6 |
| Market Cap | ₹12,005.99 Cr |
| P/B Ratio | 4.04 |
| EPS | 11.31 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹12,005.99 Cr | 42.72% | 0.59 | -₹466 Cr | ₹2,726 Cr |
 | BUY | ₹22,985.25 Cr | 59.07% | 0.50 | ₹504 Cr | ₹4,481 Cr |
 | BUY | ₹37,697.01 Cr | 161.68% | 0.53 | ₹477 Cr | ₹6,912 Cr |
 | NA | ₹6,761.86 Cr | 272% | 0.65 | ₹70 Cr | ₹894 Cr |
 | BUY | ₹19,861.47 Cr | 43.79% | 0.56 | ₹250 Cr | ₹4,397 Cr |
Mutual Fund Holdings
Company Information
The company's top products include high-alumina bricks, magnesia-carbon bricks, magnesia-chrome bricks, insulating castables, and other special refractory products. RHI Magnesita India Ltd also manufactures and markets popular brands such as Magma, Magma Plus, and Magma Xtra.
Share Price: ₹589.35 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹12,005.99Cr as of today
Revenue: ₹943.29Cr as on March 2024 (Q1 24)
Net Profit: ₹-257.90Cr as on March 2024 (Q1 24)
Listing date: 12 Mar, 2012
Chairperson Name: Vijay Sharma
| Organisation | RHI Magnesita India Ltd |
| Headquarters | Gurugram |
| Industry | Refractories |
| E-voting on shares | Click here to vote |
Key events for RHI Magnesita India Ltd
RHI Magnesita India Ltd's High P/S Ratio Justified by Strong Revenue Growth - 28 Jun, 2024
Despite having a high price-to-sales ratio (P/S) of 3.4x compared to the Basic Materials industry in India, RHI Magnesita India Ltd has been performing well with superior revenue growth. Shareholders are optimistic about the company's future revenue performance and are not keen to sell.
RHI Magnesita India Q1 2024 Net Sales Up 7.83% YoY - 13 Jun, 2024
RHI Magnesita India's net sales for Q1 2024 were Rs. 943.29 crore, up 7.83% YoY. However, the company reported a quarterly net loss of Rs. 257.90 crore in March 2024, up 62.01% from the same period last year.
RHI Magnesita India Reports 14.99% YoY Growth in Net Sales - 04 Jun, 2024
RHI Magnesita India reported a 14.99% YoY growth in net sales for March 2024, with EBITDA at Rs. 130.14 crore, up 120.28% YoY. However, the company's quarterly net loss increased by 63.98% YoY to Rs. 230.02 crore. The stock has given -6.88% returns over the last six months and 8.77% over the last twelve months.
Mixed Results for RHI Magnesita India - 01 Jun, 2024
RHI Magnesita India reported a reduction in losses and increased revenue in Q4, while delivering a surprise loss in its annual results. Analysts expect the company to turn profitable by 2025, despite reducing earnings per share estimates due to potential business headwinds. The consensus recommendation as of June 1st was to buy.
RHI Magnesita India Ltd Shareholders Earn 230% in 5 Years - 31 May, 2024
RHI Magnesita India Ltd shareholders have earned a return of 230% over the past five years, with the stock up 217%. The company's revenue has grown at a compound rate of 35% over the same period. The recent financial results show that the company may be sacrificing current earnings per share to drive growth, but dividends paid by the company have boosted total shareholder returns.
RHI Magnesita India Narrows Net Loss, Recommends Dividend - 30 May, 2024
RHI Magnesita India records significant YoY improvements in Q4FY24 net losses, EBITDA, and adjusted EBITDA margin. The company also recommends a final dividend of ₹2.5 per equity share for FY24.
Insights on RHI Magnesita India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 12.30% to 12.34% in Jun 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.77% to 4.74% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 924.33 Cr → 947.48 Cr (in ₹), with an average increase of 2.4% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Ambuja Cements Ltd has given 63.5% return, outperforming this stock by 69.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.07% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Grasim Industries Ltd has given 82.1% return, outperforming this stock by 8.2%
NEGATIVE IMPACTPrice Dip
In the last 1 month, RHIM stock has moved down by -10.6%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 26.84% to 26.37% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 71.31 Cr → -257.9 Cr (in ₹), with an average decrease of 399.8% per quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹943.29Cr | ↑2.20% |
Net Income | -₹257.90Cr | ↓754.90% |
Net Profit Margin | -27.34% | ↓740.28% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹2,726.27Cr | ↑36.36% |
Net Income | -₹465.65Cr | ↓273.10% |
Net Profit Margin | -17.08% | ↓226.99% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹4,442.97Cr | ↑165.70% |
Total Liabilities | ₹1,514.62Cr | ↑134.89% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹351.01Cr | ↑1,226.07% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.07% | 0.00 | |
| Foreign Institutions | 4.74% | 25.65 | |
| Mutual Funds | 12.34% | 0.30 | |
| Retail Investors | 26.37% | ||
| Others | 0.47% |
Key Indicators
RHI Magnesita India Ltd Valuation
RHI Magnesita India Ltd in the last 5 years
Lowest (-153.09x)
May 30, 2024
Today (-120.87x)
July 23, 2024
Industry (44.78x)
July 23, 2024
Highest (47.85x)
March 29, 2022
Earnings and Dividends
RHI Magnesita India Ltd Earnings Results
RHI Magnesita India Ltd’s net profit jumped 62.01% since last year same period to ₹-257.90Cr in the Q4 2023-2024. On a quarterly growth basis, RHI Magnesita India Ltd has generated -754.9% fall in its net profits since last 3-months.
Read More about Earnings ResultsRHI Magnesita India Ltd Dividends May,2023
In the quarter ending March 2023, RHI Magnesita India Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.43%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
RHI Magnesita India Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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RHI Magnesita India Ltd (RHIM) share price today is ₹589.35
RHI Magnesita India Ltd is listed on NSE
RHI Magnesita India Ltd is listed on BSE
- Today’s highest price of RHI Magnesita India Ltd is ₹592.8.
- Today’s lowest price of RHI Magnesita India Ltd is ₹580.65.
PE Ratio of RHI Magnesita India Ltd is -120.87
PE ratio = RHI Magnesita India Ltd Market price per share / RHI Magnesita India Ltd Earnings per share
Today’s traded volume of RHI Magnesita India Ltd(RHIM) is 1.09L.
Today’s market capitalisation of RHI Magnesita India Ltd(RHIM) is ₹12005.99Cr.
| RHI Magnesita India Ltd(RHIM | Price |
|---|---|
52 Week High | ₹824 |
52 Week Low | ₹504.25 |
RHI Magnesita India Ltd(RHIM) share price is ₹589.35. It is down -28.48% from its 52 Week High price of ₹824
RHI Magnesita India Ltd(RHIM) share price is ₹589.35. It is up 16.88% from its 52 Week Low price of ₹504.25
| RHI Magnesita India Ltd(RHIM | Returns |
|---|---|
1 Day Returns | 7.95% |
1 Month Returns | -10.58% |
3 Month Returns | -11.88% |
1 Year Returns | -6.38% |