Rhi Magnesita India Limited · NSE:RHIM
Rhi Magnesita India — Q3 FY26 Earnings Presentation
34 slides from Rhi Magnesita India's earnings presentation, Feb 13, 2026
Slide 1: Exchange filing cover letter
RHI MAGNESITA INDIA LTD. 19th & 20th Floor, DLF Square, M-Block, Phase II, Jacaranda Marg, DLF City, Gurugram, Haryana 122002 T +91 124 4299000 E corporate.india@rhimagnesita.com www.rhimagnesitaindia.com 13 February 2026 To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Tow
Slide 2: RHI Magnesita India Limited Investor Presentation Q3 FY26
RHI Magnesita India Limited Investor Presentation Q3 FY26 13th February, 2026
Slide 3: Contents
Contents 01 Safety 02 Key Highlights 03 Financial Highlights 04 Strategy Update 04 Corporate Social Responsibility 06 RHIM India at a Glance
Slide 4: Health & Safety
Health & Safety Safety remains our highest priority, without exception ✓ The Safety Culture Transformation program is currently being rolled out across all our LTIF: 0.01 TRIF: 0.16 manufacturing facilities, customer sites, and Q3 FY26 Q3 FY26 warehouses ✓ Our safety campaign transformation is suppo
Slide 5: Health & Safety
Health & Safety Rewards and Recognition 9 Customer site locations recognized by WRA for exemplary safety performance Robust risk World Class Disciplined management Safety safety culture framework Protocols Driving a safety culture centered on zero harm across all operations 4
Slide 6: Key Highlights Q3 FY26
Key Highlights Q3 FY26
Slide 7: Key Highlights
Key Highlights Sectoral Update ▪ India became a net steel exporter in Q3 FY26 after 6 quarters, with higher exports on hot rolled coils and falling flat steel imports ▪ Crude steel output up by 7% QoQ; consumption down by 2%, with recovery in prices after a prolonged downturn phase ▪ Higher capex al
Slide 8: Financial Highlights
Financial Highlights
Slide 9: Q3 FY26 financial highlights
Revenue from Operating EBITDA* Operating Cash Flow Profit before Tax* Operations ₹ 109,201 L ₹ 14,996 L ₹ 28,926 L ₹ 8,909 L 5.5% 36% 627% 72% Capex EPS Working Capital Net Debt/EBITDA Intensity ₹ 3,593 L 3.0x 32% -0.1X 10% 62% 15% 0.5x “Growth trajectory with strong financials, market leadership an
Slide 10: Performance Highlights
Performance Highlights OEM orders in Iron making and 4PRO Revenue momentum uplift revenue; pricing discipline and performance bonuses strengthen margins ▪ 4PRO wins across Integrated steel plants & mini mills ▪ Seasonal cement decline mitigated by strong Revenue from Operations (₹ Lakhs) Shipment (k
Slide 11: Profit and Loss Snapshot
Profit and Loss Snapshot Production: ▪ -11% vs Q2 FY26 ▪ +4% vs 9M FY25 Revenue crosses ₹1,000 crore for consecutive quarters ₹ Lakhs Shipment Q3 FY26 Q2 FY 26 9M FY26 9M FY25 ▪ -4% vs Q2 FY26 Production - MT 82,493 92,826 0 260,274 249,961 0 Shipment - MT 135,806 141,370 0 406,396 376,071 0 ▪ +8% v
Slide 12: Working Capital intensity and Cash Conversion
Azim Syed Finance Working Capital intensity and Cash Conversion Disciplined execution of production with tightened governance leading to improvement in inventory Inventories (₹Lakhs) Inventory intensity 25% 29% 28% 27% 23% Working capital (₹Lakhs) 102,924 107,355 105,761 110,231 98,715 39% 38% 37% €
Slide 13: Net Debt Bridge Q3 FY26 vs. Q2 FY26
Net Debt Bridge Q3 FY26 vs. Q2 FY26 Further Strengthening our position and achieved first negative leverage post acquisition Net 0.5 x (0.1)x Debt/EBITDA* -117.6% 19,977 ₹ Lakhs -15,174 -3,523 -16,574 767 578 488 2,823 3,593 Q2 FY 26 Cash Profit Working Capex Taxes Paid Interest on ECB Net FX on ECB
Slide 14: Strategy Update
Strategy Update
Slide 15: Strategic Investment Overview
Strategic Investment Overview Fueled by India’s growth, commitment to resilient margins 1 Market leadership position with 30% market share in India 2 ‘Local for local’ manufacturing strategy - ‘Make in India’ Recent acquisitions create balanced portfolio of refractory products and a 3 strong platfor
Slide 16: 4PRO: Our all-encompassing solution
4PRO: Our all-encompassing solution that addresses the evolving challenges of industry and society Read more on : 4Pro | RHI Magnesita More than a contract, a new form of interaction with customers and an innovative solution to the contemporary challenges of the industry and society 15
Slide 17: 4PRO Revolutionizing Steelmaking in India
4PRO Revolutionizing Steelmaking in India: India’s First Complete Robotic Solution in Caster Operation Success Highlights: Ladle Shroud Change Powder Feeding in Tundish Sampling and measurements Bayonet Coupling Open frozen Ladle(O2 Lancing) + Safety: Reduced human exposure + Productivity:
Slide 18: Continuous momentum in R&D to achieve sustainable value creation
Continuous momentum in R&D to achieve sustainable value creation New Product Transfers and development ➢ High quality Magnesia Chrome bricks for RH Degasser ➢ Thin Slab ISO products ➢ High quality Magnesia spinel bricks for Cement industry ➢ High Chrome bricks for petrochemical use ➢ EAF Hearth ramm
Slide 19: Glimpse of New Product offerings
Glimpse of New Product offerings Magnesia Spinel High Chromium bricks for Bricks Coal Gassifier Thin Slab ISO Magnesia Chrome Brick Eco Grade Cement for RH Degasser Kiln bricks 18
Slide 20: Next-Generation Slag Conditioner
Next-Generation Slag Conditioner Environmental & Sustainability Impact: Circular Economy: Manufactured entirely from secondary raw materials, enabling waste valorization and improved resource efficiency Lower CO₂ Emissions: Reduced calcination requirements versus dolomite, delivering energy savi
Slide 21: Executing Strategic Growth Initiatives
Executing Strategic Growth Initiatives Growth momentum, yielding results in gaining market share Iron Making New semi-automatic tap hole clay line in Jamshedpur is set for commissioning, catering to the rising demand from high-capacity blast furnaces Increased YoY market share in Blast Furnace r
Slide 22: Improving productivity for our customers
Improving productivity for our customers Record Achievement: 756 heats in EAF, surpassing previous highs of 714 at one of the customer sites Achieved 377 heats with 100% RHIM bricks and monolithic, a significant improvement over prior cycles (342, 349, 337) Placeholder for a Picture Financial &
Slide 23: RSP Breakthrough: Record-Setting Ladle Lining Performance
RSP Breakthrough: Record-Setting Ladle Lining Performance Steel Authority of India Ltd. (SAIL) — Rourkela Steel Plant Record achieved : Rourkela Steel Plant (SMS-II) set a new national benchmark with 210 heats on a single 150-tonne steel ladle — surpassing the previous best of 206 heats RHI Magnes
Slide 24: Customer Validation & Industry Recognition
Customer Validation & Industry Recognition Agile Partner of the Year – 2025 | Tata Steel Success Highlights: Recognized for agility and operational excellence in steelmaking operations Strong execution in Electric Arc Furnace (EAF) Demonstrated innovation-led collaboration with Tata Steel team
Slide 25: Customer Validation & Industry Recognition
Customer Validation & Industry Recognition SAIL Award for Social Governance Excellence | FY26 Success Highlights: Honored for outstanding contribution to Social Governance at the SAIL Value Chain Partners Meet 2025–26 This Recognition reflects RHIM’s commitment to responsible business practices
Slide 26: Corporate Social Responsibility
Corporate Social Responsibility Our commitment to sustainability, ethics, and community engagement.
Slide 27: Building Stronger Communities and a Brighter Future
Building Stronger Communities and a Brighter Future 20 Projects Our CSR initiatives drive inclusive, sustainable community development across India, creating measurable impact through responsible growth. 8 Locations ▪ Education: Upgraded government school infrastructure, supported teacher salaries a
Slide 28: RHI Magnesita India Limited at a glance
RHI Magnesita India Limited at a glance
Slide 29: Our Mission: we take innovation to 1200 °C and beyond
Our Mission: we take innovation to 1200 °C and beyond RHI Magnesita India Limited is the leading supplier of high-grade refractory products, systems and solutions which are indispensable for industrial high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cemen
Slide 30: Refractories: the building blocks of modern life
Refractories: the building blocks of modern life Concrete Copper Iron Steel Glass Aluminium 1,500°C 1,350°C 1500°C 1,760°C 1,650°C 1,250°C 1 tonne of STEEL 1 tonne of IRON 1 tonne of CEMENT 1 tonne of GLASS 1 tonne of ALUMINIUM 1 tonne of COPPER demands ~10-15 kg demands ~1-2 kg demands ~1 kg demand
Slide 31: History of RHI Magnesita India Limited
History of RHI Magnesita India Limited Leaders of Refractories in India Incorporation of Acquisition of refractory business of Acquisition of Ashwath RHI India Trading Dalmia & Hi-Tech Technologies Chemicals (Mumbai) Acquisition of Merger of Indian Legal Incorporation of Orient Manishree Entities in
Slide 32: RHI Magnesita India Limited: The Market Leader in Refractories
RHI Magnesita India Limited The Market Leader in Refractories 9 6,000+ ₹3675 Cr Skilled Workforce* FY 2025 revenue 3 2 1 700+ 75+ 4 8 10 Customers in India Global Customers 7 1 Jamshedpur Prod. Plant 8+2 25+ 6 2 Katni Prod. Plant 3 Bhiwadi Prod. Plant Production Plants Project Sites 4 Khambh
Slide 33: Disclaimer
Disclaimer Financial information contained herein, as well as other operational information, were not audited by independent auditors and may include forward-looking statements and reflects the current views and perspectives of the management on the evolution of macro-economic environment, condition
Slide 34: RHI Magnesita India Limited
RHI Magnesita India Limited corporate.india@rhimagnesita.com rhimagnesita.com Important notice: These materials do not constitute or form part, or all, of any offer of invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in any jurisdiction in wh