Rhi Magnesita India Limited

Manufactures and trades refractories, monolithics, and ceramic paper for various industries.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Rhi Magnesita India Profile

Key Indicators

  • Authorised Capital ₹ 30.80 Cr
  • Paid Up Capital ₹ 20.65 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 46.50 Cr
  • Revenue Growth 25.06%
  • Profit Growth -259.30%
  • Ebitda -5.58%
  • Net Worth 185.04%
  • Total Assets 165.29%

About Rhi Magnesita India

Rhi Magnesita India Limited (RMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 November 2010 and has a history of 14 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 534076 and on the National Stock Exchange(NSE) under ORIENTREF.

The Corporate was formerly known as Orient Refractories Limited. The Company is engaged in the Musical Instruments Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.80 Cr and a paid-up capital of Rs 20.65 Cr.

The company has closed loans amounting to ₹46.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rhi Magnesita India Limited India are Azim Syed as Cfo, Sanjay Kumar as Company Secretary, and Parmod Sagar as Ceo. Nazim Sheikh, Kamal Sarda, Erwin Jankovits, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L28113MH2010PLC312871

  • Company No.

    312871

  • Stock Symbol

    BSE : 534076 NSE : ORIENTREF

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2010

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Musical Instruments

What products or services does Rhi Magnesita India Limited offer?

Rhi Magnesita India Limited offers a wide range of products and services, including Industrial & Engineering Goods, Industrial Nozzles, Refractory Bricks, General Refractories, Surface Plates, Insulation Material, Refractory Well Block, Refractory Castables.

Who are the key members and board of directors at Rhi Magnesita India?

Executive Team (3)

Name Designation Appointment Date Status
Azim Syed CFO 23-May-2024 Current
Sanjay Kumar Country flag representing In Company Secretary 01-Jun-2012 Current
Parmod Sagar Country flag representing In CEO Current

Board Members (7)

Name Designation Appointment Date Status
Nazim Sheikh Country flag representing In Director 03-Nov-2020 Current
Kamal Sarda Country flag representing In Director 12-Sep-2024 Current
Erwin Jankovits Country flag representing At Director 11-Feb-2015 Current
Gustavo Franco Country flag representing At Director 06-Jun-2020 Current
Ticiana Kobel Country flag representing Gf Director 13-Mar-2023 Current
Vijay Sharma Country flag representing In Director 12-Nov-2014 Current

Financial Performance of Rhi Magnesita India.

Rhi Magnesita India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.06% increase. The company also saw a substantial fall in profitability, with a 259.3% decrease in profit. The company's net worth Soared by an impressive increase of 185.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
25.06%
Revenue from Operations
24.73%
Total Assets
165.29%
Profit or Loss
-259.30%
Net Worth
185.04%
EBITDA
-5.58%

What is the Ownership and Shareholding Structure of Rhi Magnesita India?

In 2023, Rhi Magnesita India had a promoter holding of 60.11% and a public holding of 39.90%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹46.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.50 Cr
  • Hdfc Bank Limited : 22.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Jul 2012 State Bank Of India ₹24.50 Cr Satisfied
13 Jan 2012 Hdfc Bank Limited ₹22.00 Cr Satisfied

How Many Employees Work at Rhi Magnesita India?

Rhi Magnesita India has a workforce of 930 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rhi Magnesita India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rhi Magnesita India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rhi Magnesita India

Recent activity within the organization

  • Annual General Meeting

    Rhi Magnesita India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Kamal Sarda was appointed as a Director was appointed as a Director on 12 Sep 2024 & has been associated with this company since 4 months 21 days .

    12 Sep 2024

  • Director Appointment

    Azim Syed was appointed as a Cfo was appointed as a Cfo on 23 May 2024 & has been associated with this company since 8 months 10 days .

    23 May 2024

  • Balance Sheet

    Rhi Magnesita India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Nazim Sheikh was appointed as a Director was appointed as a Director on 03 Nov 2020 & has been associated with this company since 4 years 2 months .

    03 Nov 2020

  • Director Appointment

    Sonu Chadha was appointed as a Director was appointed as a Director on 13 Aug 2019 & has been associated with this company since 5 years 5 months .

    13 Aug 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Rhi Magnesita India Limited was incorporated on 26 Nov 2010.

  • The authorized share capital of Rhi Magnesita India Limited is ₹ 30.80 Cr and paid-up capital is ₹ 20.65 Cr.

  • Currently 11 directors are associated with Rhi Magnesita India Limited.

    • Nazim Sheikh
    • Kamal Sarda
    • Erwin Jankovits
    • Gustavo Lucio Goncalves Franco
    • Azim Syed
    • Sanjay Kumar
    • Parmod Sagar
    • Ticiana Kobel
    • Parmod Sagar
    • Vijay Sharma
    • Sonu Chadha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rhi Magnesita India Limited is Unit No. 705 7Th Floor Lodha Supremus Kanjurmarg Village Road, (Eas T) India, Mumbai, Maharashtra, 400042.

  • The corporate identification number (CIN) of Rhi Magnesita India Limited is L28113MH2010PLC312871 and the company number is 312871 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rhi Magnesita India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ORIENTREF.

  • The Official website of Rhi Magnesita India Limited is https://www.rhimagnesitaindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rhi Magnesita India Limited has risen by 25.06%.

  • As Per 2023 financial reports, 930 employees are currently employed by Rhi Magnesita India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rhi Magnesita India Limited has experienced an upsurge of 185.04%.

  • The most recent Balance Sheet for Rhi Magnesita India Limited was filed with the ROC on 31 Mar 2024.

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