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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:
Revenues for RHIM are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 2.754000 |
|---|---|
| forwardPE | 20.482756 |
| debtToEquity | 12.595000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.016000 |
| grossMargins | 0.389110 |
| operatingMargins | 0.038830 |
| trailingEps | -18.530000 |
| forwardEps | 18.366670 |
RHIM's current ratio of 2.754 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. RHIM's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
RHIM's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
RHI Magnesita India Limited's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
Price projections:
The current valuation of RHI Magnesita India Limited against its projections does not reveal significant risks or opportunities. This neutral assessment implies a stable market, where investors may prefer to maintain their positions until future trends become clearer.
Recommendation changes over time:
With analysts showing a buy bias for RHIM, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning RHIM as a safe and profitable place for investors to allocate their funds and seek growth.
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