RHI Magnesita India Ltd
NSE:RHIM

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RHI Magnesita India Ltd
NSE:RHIM
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Price: 401.75 INR -0.04% Market Closed
Market Cap: ₹83B

EV/EBIT

33.6
Current
6%
Cheaper
vs 3-y average of 35.7

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
33.6
=
Enterprise Value
₹92B
/
EBIT
₹2.5B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
33.6
=
Enterprise Value
₹92B
/
EBIT
₹2.5B

Valuation Scenarios

RHI Magnesita India Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (35.7), the stock would be worth ₹427.3 (6% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-53%
Maximum Upside
+6%
Average Downside
23%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 33.6 ₹401.75
0%
3-Year Average 35.7 ₹427.3
+6%
5-Year Average 28.7 ₹343.45
-15%
Industry Average 15.7 ₹187.76
-53%
Country Average 23.3 ₹278.21
-31%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹92B
/
Jan 2026
₹2.5B
=
33.6
Current
₹92B
/
Mar 2026
₹3.5B
=
26.5
Forward
₹92B
/
Mar 2027
₹4.9B
=
18.7
Forward
₹92B
/
Mar 2028
₹5.8B
=
16
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
RHI Magnesita India Ltd
NSE:RHIM
83B INR 33.6 48.4
IE
CRH PLC
NYSE:CRH
79.3B USD 17.3 21.1
CH
Holcim AG
SIX:HOLN
40B CHF 19 3
DE
HeidelbergCement AG
XETRA:HEI
33.8B EUR 12.3 17.3
US
Vulcan Materials Co
NYSE:VMC
38.5B USD 26.9 35.8
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 32.2 48.4
US
Martin Marietta Materials Inc
NYSE:MLM
37.8B USD 29.2 33.3
US
Amrize AG
SIX:AMRZ
24.8B CHF 17.9 26
DE
Heidelberg Materials AG
XMUN:HEI
22.4B EUR 8.6 11.5
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 11.4 44.8
CN
China Jushi Co Ltd
SSE:600176
125.8B CNY 30 38.3

Market Distribution

In line with most companies in India
Percentile
69th
Based on 2 572 companies
69th percentile
33.6
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

RHI Magnesita India Ltd
Glance View

RHI Magnesita India Ltd. is a compelling story of strategic industrial synergy and resourceful innovation within the refractory industry. As a subsidiary of the Austrian giant RHI Magnesita, the company benefits from the global expertise and robust lineage of its parent while focusing on tailoring solutions to meet India’s dynamic industrial needs. RHI Magnesita India specializes in products that are often unseen but play a critical role in heavy industries, particularly those dealing with extreme temperatures such as steel, cement, and glass manufacturing. The company produces high-grade refractory products—ceramics that maintain their strength and form at exceedingly high temperatures—used to line furnaces, kilns, and reactors. The demand for such solutions is directly tied to the fortunes of the steel industry, which in turn is an integral part of the broader economic growth and infrastructure development in India. Financially, the company thrives by combining effective supply chain management with innovation in refractory technology. RHI Magnesita India strategically places itself not just as a supplier but also as a partner in efficiency for its clients, often providing installation and maintenance services that optimize the lifecycle and performance of its products. By leveraging its extensive research and development capabilities, the company adapts its offerings to meet specific customer requirements and regulatory standards, ensuring a steady stream of contractual agreements and repeat business. This model not only secures ongoing revenue streams but also positions the company favorably as industries continually seek cost-effective, high-performance industrial solutions. Through adept maneuvering within its niche, RHI Magnesita India crafts a sustainable narrative of growth and profitability anchored in industrial transformation.

RHIM Intrinsic Value
379.26 INR
Overvaluation 6%
Intrinsic Value
Price ₹401.75
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