Latest news with #RHIMagnesitaIndiaLtd
Yahoo
29-05-2025
- Business
- Yahoo
RHI Magnesita India Ltd (BOM:534076) Q4 2025 Earnings Call Highlights: Navigating Market ...
Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. RHI Magnesita India Ltd (BOM:534076) demonstrated operational resilience amidst shifting market dynamics and geopolitical uncertainties. The company recorded a total revenue of INR 3,675 crores, with strategic initiatives in iron making and flow control delivering growth. India's steel sector is expected to expand, with domestic demand rising due to infrastructure investments and government policies. The Indian cement industry is projected to grow by 6 to 8% in FY26, driven by government spending on housing and infrastructure. RHI Magnesita India Ltd is the only player in India delivering end-to-end solutions for the refractory industry, supporting robust demand growth. The company faced a 2.8% decline in consolidated revenue year-on-year, with flat shipments. EBITDA margins softened to 10.7% from 14.7% in the previous year due to higher raw material costs and inflation-driven increases in employee benefits. The company experienced intensified competition in the refractory market, with rising input costs and commoditization pressures. Q4 performance was seasonally lower, with revenue declining 9.7% sequentially, attributed to the completion of one-time projects and a slowdown in cement demand. Overcapacity expansion in India, coupled with Chinese imports of refractory materials, is creating systematic pricing pressures. Warning! GuruFocus has detected 3 Warning Signs with BOM:534076. Q: The company's results do not reflect its market leadership. Why is there a significant increase in employee benefits despite the growth? A: (Chairman, MD, and COO) We are the undisputed leader with strong fundamentals. We choose not to engage in price wars that erode margins. The increase in employee benefits is due to inflation adjustments and harmonization of HR policies across entities. We aim to maintain healthy competition and focus on strategic growth areas like iron making with healthy margins. Q: Revenue declined by 9% and EBITDA margins fell to 10%. What caused this decline? A: (CFO) The decline was mainly due to higher raw material costs, particularly white alumina, and competitive pricing pressures. We are not engaging in aggressive pricing strategies that compromise margins. However, alumina prices are decreasing, which should help improve margins in the coming quarters. Q: How does the company plan to overcome the overcapacity issue in the Indian refractory market? A: (Chairman, MD, and COO) We are focusing on differentiating ourselves by introducing new products and optimizing existing ones. We aim to capture niche markets with high-margin products and are working on developing products for the commodity market. We believe our strategic initiatives will help us achieve sustainable margins of 14-15%. Q: What is the company's strategy for achieving 15% EBITDA margins? A: (Chairman, MD, and COO) We are focusing on product innovation, cost optimization, and strategic pricing to achieve our margin targets. We expect to see improvements from the third quarter of FY26 as we implement these strategies and pass on input costs to customers. Q: How is the company addressing the commoditization in the refractory market? A: (Chairman, MD, and COO) We are focusing on specialized products that are less commoditized and maintaining high-quality standards. For commodity products, we are optimizing recipes and reducing costs to remain competitive. We are also engaging in strategic discussions with customers to pass on input costs. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
30-04-2025
- Business
- Business Standard
Volumes jump at Schaeffler India Ltd counter
Schaeffler India Ltd saw volume of 30549 shares by 10:46 IST on BSE, a 15.14 fold spurt over two-week average daily volume of 2018 shares Hitachi Energy India Ltd, RHI Magnesita India Ltd, Indiamart Intermesh Ltd, R R Kabel Ltd are among the other stocks to see a surge in volumes on BSE today, 30 April 2025. Schaeffler India Ltd saw volume of 30549 shares by 10:46 IST on BSE, a 15.14 fold spurt over two-week average daily volume of 2018 shares. The stock increased 4.36% to Rs.3,423.80. Volumes stood at 2398 shares in the last session. Hitachi Energy India Ltd recorded volume of 14808 shares by 10:46 IST on BSE, a 5.45 times surge over two-week average daily volume of 2717 shares. The stock gained 0.94% to Rs.14,425.00. Volumes stood at 2649 shares in the last session. RHI Magnesita India Ltd saw volume of 44285 shares by 10:46 IST on BSE, a 4.25 fold spurt over two-week average daily volume of 10431 shares. The stock increased 2.45% to Rs.454.45. Volumes stood at 7132 shares in the last session. Indiamart Intermesh Ltd recorded volume of 25782 shares by 10:46 IST on BSE, a 4.04 times surge over two-week average daily volume of 6386 shares. The stock gained 0.12% to Rs.2,333.90. Volumes stood at 11885 shares in the last session. R R Kabel Ltd clocked volume of 18842 shares by 10:46 IST on BSE, a 3.05 times surge over two-week average daily volume of 6178 shares. The stock gained 5.71% to Rs.1,038.15. Volumes stood at 6223 shares in the last session.
