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:
RHIM's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
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 |
RHIM's current ratio of 2.615 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring RHIM is unlikely to face difficulties in meeting immediate financial obligations.
RHIM's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
RHIM's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
RHIM's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
RHI Magnesita India Limited's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.
RHIM's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for RHIM's financial performance.
Price projections:
RHI Magnesita India Limited's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about RHI Magnesita India Limited's ability to meet previous growth targets.
Recommendation changes over time:
Analysts' buy bias toward RHIM suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, RHIM is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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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