More about RHI Magnesita India Limited
Fundamentals for RHI Magnesita India Limited
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Fundamentals for RHI Magnesita India Limited
Business Operations:
Sector: IndustrialsIndustry: Metal Fabrication
RHI Magnesita India Limited engages in the manufacture and trading of in refractories, monolithics, bricks, and ceramic paper in India and internationally. It offers isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, castables, and alumina and magnesia carbon bricks, as well as spray mass for tundish working linings. The company also provides management services. It serves steel, cement, nonferrous metals, glass, environment and energy, foundry, and paper and pulp industries. The company was formerly known as Orient Refractories Limited and changed its name to RHI Magnesita India Limited in July 2021. The company was incorporated in 2010 and is based in Gurugram, India. RHI Magnesita India Limited is a subsidiary of Veitscher Vertriebsgesellschaft m.b.H.
Revenue projections:
With RHIM's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 2.615000 |
|---|---|
| forwardPE | 22.966183 |
| debtToEquity | 10.315000 |
| earningsGrowth | -0.167000 |
| revenueGrowth | 0.194000 |
| grossMargins | 0.374070 |
| operatingMargins | 0.058070 |
| trailingEps | 7.620000 |
| forwardEps | 18.233330 |
A current ratio of 2.615 for RHIM implies that the company has ample liquidity to meet its short-term debts. RHIM's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
RHIM's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
RHI Magnesita India Limited's low Debt-to-Equity ratio indicates that the company isn't heavily dependent on debt financing. This lower leverage reduces financial risk and enhances stability, showing that RHI Magnesita India Limited is well-positioned to manage its obligations without the burden of excessive debt.
RHIM's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
RHIM's negative gross and operating margins point to financial difficulties, as the company is incurring losses at both the production and operational levels. This suggests a potential decline in profitability and raises concerns about its financial outlook.
RHIM's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for RHIM's financial growth.
Price projections:
RHI Magnesita India Limited's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.
Recommendation changes over time:
Analysts have maintained a buy bias for RHIM, which could prompt investors to consider the stock as a viable investment. With this positive outlook, RHIM is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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