RHI MAGNESITA INDIA LIMITED — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

RHI Magnesita India reported highest-ever Q2 revenue of INR 1,035 crores, up 19% YoY, with shipment volume at 141 KT (+18% YoY). Operating EBITDA reached INR 111 crores (10.7% margin), and PAT was INR 38 crores. The Dalmia subsidiary's revenue rose to INR 264 crores, with EBITDA reaching 11.4%. Management targets a full-year FY'26 EBITDA margin of 13-14%, driven by lower raw material costs, better product mix, operational efficiencies, and performance bonuses. The company is gaining market share and progressing strategic initiatives like product transfers despite intense competition and market headwinds. Outlook remains confident with a robust order book.