RHI Magnesita India Ltd
NSE:RHIM

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RHI Magnesita India Ltd Logo
RHI Magnesita India Ltd
NSE:RHIM
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Price: 406.2 INR -0.84%
Market Cap: ₹83.9B

EV/S

2.2
Current
37%
Cheaper
vs 3-y average of 3.4

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

EV/S
2.2
=
Enterprise Value
₹92B
/
Revenue
₹40.1B

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

EV/S
2.2
=
Enterprise Value
₹92B
/
Revenue
₹40.1B

Valuation Scenarios

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

If EV/S returns to its 3-Year Average (3.4), the stock would be worth ₹647.76 (59% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-24%
Maximum Upside
+59%
Average Upside
32%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.2 ₹406.2
0%
3-Year Average 3.4 ₹647.76
+59%
5-Year Average 3.4 ₹643.82
+58%
Industry Average 1.6 ₹308.86
-24%
Country Average 2.9 ₹541.52
+33%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
₹92B
/
Jan 2026
₹40.1B
=
2.2
Current
₹92B
/
Mar 2026
₹43.1B
=
2.1
Forward
₹92B
/
Mar 2027
₹48B
=
1.9
Forward
₹92B
/
Mar 2028
₹53.4B
=
1.7
Forward

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

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in India
Percentile
40th
Based on 2 864 companies
40th percentile
2.2
Low
0 — 1.6
Typical Range
1.6 — 5
High
5 —
Distribution Statistics
India
Min 0
30th Percentile 1.6
Median 2.9
70th Percentile 5
Max 55 686.2

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 7%
Intrinsic Value
Price ₹406.2
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