RHI MAGNESITA INDIA Intrinsic Value

RHIM · NSE

— · —

Current market price

₹384.85

Closing price — 1 Oct 2026

Market cap ₹4,622 Cr · EPS ₹7.48

Valuation

Blended fair value using DCF and peer comparison methods.

RHI MAGNESITA INDIA Intrinsic Value Analysis

The latest available EOD closing price for RHI MAGNESITA INDIA (RHIM) is ₹385 per share. Understock's estimated intrinsic value is ₹1,150 per share. This estimate is 198.8% above that price; the page's comparison band labels the shares undervalued.

The stored DCF estimate is ₹452, and the peer-based estimate is ₹1,526. The displayed value combines them using the stored DCF weight of 35% and peer weight of 65%. Peer comparison uses 8 matched industry companies and contributing P/B multiples.

For context, available company data reports ROCE of -7.9% and P/E of 51.5×. These metrics describe the business and are not separate intrinsic-value estimates.

How Understock Calculates Intrinsic Value

Understock follows the company's stored valuation classification. Where DCF applies, the model discounts projected or normalized cash flows and terminal value using stored assumptions. Peer valuation compares available company multiples with medians from matched industry or sector companies, with a curated peer-group fallback where database matches are unavailable; the contributing multiples and their weights depend on sector rules and available data. For RHI MAGNESITA INDIA, the displayed estimate uses both stored values and their respective weights. DCF and peer estimates can differ because they use different assumptions, financial metrics, and market reference points.

Review this company's DCF valuation · Learn how DCF works · Use the DCF calculator · See RHI MAGNESITA INDIA peer valuation · What intrinsic value means

Moderately cyclical company. Peer comparison weighted higher than DCF.

The intrinsic value shown is an algorithmic estimate based on publicly available financial data — including DCF analysis, peer comparison, and historical financials. It is not a research report, investment advice, or a recommendation to buy, sell, or hold any security. Stock valuations involve uncertainty and may differ significantly from market prices. Please consult a SEBI-registered investment adviser before making any investment decision.

RHI MAGNESITA INDIA Peer Comparison

How this company stacks up against sector peers on valuation and quality metrics.

Heavy engineering & manufacturing · 8 peers · sector medians shown

Better than medianWorse than median

Company	Mkt Cap	P/E	P/B	EV/EBITDA	ROE	Net Margin	Rev CAGR 3y
RHI MAGNESITA INDIA RHIM · you	₹4,622 Cr	51.5×	2.3×	—	-10.8%	-9.5%	13.8%
Sector median	—	56.3×	9.1×	31.1×	15.1%	11.4%	15.3%
PTC Industries PTCIL	₹27,793 Cr	275.9×	18.6×	212.1×	6.7%	16.8%	40.1%
Shyam Metalics and Energy SHYAMMETL	₹27,112 Cr	25.6×	2.4×	11.7×	9.3%	5.8%	13.7%
Kirloskar Oil Eng KIRLOSENG	₹26,918 Cr	47.2×	7.4×	21.7×	15.5%	7.3%	15.3%
Timken India TIMKEN	₹26,592 Cr	64.8×	9.2×	42.1×	14.2%	11.9%	7.4%
Carborundum Universal CARBORUNIV	₹21,942 Cr	61.1×	9.0×	—	14.7%	0.1%	—
Triveni Turbine TRITURBINE	₹21,393 Cr	61.2×	14.8×	49.2×	24.2%	16.0%	20.5%
Elgi Equipments ELGIEQUIP	₹19,136 Cr	44.5×	8.6×	33.9×	19.3%	10.9%	9.1%
Jyoti CNC Automation JYOTICNC	₹18,686 Cr	56.3×	9.5×	28.2×	16.8%	16.1%	31.1%

Peer comparison verdict

RHI is fairly valued relative to sector peers — trading near the sector median on key multiples (P/E ~56.3×, EV/EBITDA ~31.1×). Focus on execution quality and earnings trajectory from here.

Business quality

Valuation

P/E ratio

51.5×

P/B ratio

—

EV/EBITDA

—

Price/Sales

—

Returns

ROE

-10.8%

ROCE

-7.9%

ROA

—

Growth

Revenue CAGR (3yr)

13.8%

EPS CAGR (3yr)

—

Efficiency

Asset turnover

—

FCF yield

5.9%

Dividend yield

0.6%

Liquidity & Solvency

Debt / Equity

0.06×

Debt / EBITDA

—

Interest coverage

—

Current ratio

2.75×

Quick ratio

—

Financial health

Piotroski F-Score, Altman Z-Score, and key solvency ratios.

Is the business financially healthy?

Two structured frameworks that go beyond a single number to assess financial strength.

Calculated from annual report data sourced via BSE/NSE filings. For precise figures refer to BSE/NSE filings.

Full financial data

Charts and annual statements for income, balance sheet and cash flow.

Income trend

Revenue, profit and margin trends over time.

Revenue

Net profit

Operating margin

Net margin

Revenue

₹4,020 Cr

Net profit

−₹383 Cr

Operating margin

—

Net margin

-9.5%

Revenue and net profit in ₹ Crores (left axis). Margins % on right axis.

Cash flow

Where cash comes from and where it goes.

Operating CFInvesting CFFinancing CFFree cash flow

Operating CF — Cash earned from running the business. The core engine of financial health.

Investing CF — Cash spent on assets and equipment. Negative is normal — it means the company is investing in growth.

Financing CF — Cash from borrowing or repaying loans and dividends. Negative means debt is being repaid.

Free cash flow — Operating CF minus capex. Cash left after keeping the business running. Positive and growing is ideal.

Operating CF

₹409.1 Cr

Investing CF

₹0 Cr

Financing CF

₹0 Cr

Free cash flow

₹273.01 Cr

Balance sheet

Assets show what the company owns. Liabilities show what it owes. Equity is what's left for shareholders.

How the company is funded — equity is owners' money, debt is long-term borrowing, current liabilities are short-term obligations.

Equity

Debt

Current liabilities

Total assets

—

Total debt

₹213 Cr

Equity

₹3,560 Cr

Debt / Equity

0.06×

Numbers are illustrative — order-of-magnitude correct. For precise figures, refer to the company's annual report on BSE/NSE.

Shareholding pattern

Who owns this company and how that has changed.

What shareholding tells you: When promoters (founders/controlling shareholders) increase their stake, it usually signals confidence in the business. Rising FII (foreign funds) interest means international money is moving in. High promoter pledge is a risk — pledged shares can be force-sold if the stock price falls sharply.

Latest quarter

Promoter

56.1%

FII

4.4%

-0.3 pp QoQ

DII

13.5%

+0.7 pp QoQ

Retail

26.1%

Trend over time (%)

Quarterly data

Category	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Change (YoY)
Promoter	55.5%	56.1%	56.1%	56.1%	56.1%	56.1%	56.1%	56.1%	56.1%	56.1%	56.1%	56.1%	0.0 ppYoY
FII (Foreign)	3.8%	3.7%	3.7%	3.8%	4.7%	5.2%	5.0%	5.0%	5.0%	5.0%	4.6%	4.4%	-0.6 ppYoY
DII (Domestic)	14.1%	13.6%	13.8%	13.3%	12.8%	12.3%	12.7%	13.0%	12.5%	12.4%	12.8%	13.5%	+0.5 ppYoY
Retail	26.7%	26.6%	26.5%	26.9%	26.4%	26.4%	26.3%	26.0%	26.4%	26.5%	26.5%	26.1%	+0.1 ppYoY

Signals from the trend

📈

PromoterUp 0.6pp — insiders are adding to their stake

📈

FIINet buyers (+0.6pp) — foreign institutional interest is growing

📉

DIINet sellers (0.6pp) — domestic funds are reducing

Overall positive — promoter buying and FII buying suggest growing conviction in the business.

pp = percentage points. FII = Foreign Institutional Investors. DII = Domestic Institutional Investors (MFs, insurance). Data sourced from NSE/BSE filings. Verify on BSE/NSE before any investment decision.