Rhi Magnesita India Profile
Key Indicators
- Authorised Capital ₹ 30.80 Cr
- Paid Up Capital ₹ 20.65 Cr
- Company Age 14 Year, 3 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 three 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
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  | Company Secretary | 01-Jun-2012 | Current |
| Parmod Sagar | CEO | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nazim Sheikh | Director | 03-Nov-2020 | Current |
| Kamal Sarda | Director | 12-Sep-2024 | Current |
Erwin Jankovits  | Director | 11-Feb-2015 | Current |
| Gustavo Franco | Director | 06-Jun-2020 | Current |
Ticiana Kobel  | Director | 13-Mar-2023 | Current |
| Vijay Sharma | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Magnesita Refractories Private LimitedErwin Jankovits is a mutual person
Indian Refractory Makers AssociationParmod Sagar is a mutual person
Impressions Services Private LimitedSonu Chadha is a mutual person
Rhi Magnesita Seven Refractories LimitedGustavo Franco, Parmod Sagar and 1 more are mutual person
Intermetal Engineers ( India ) Private LimitedParmod Sagar is a mutual person
- Cartella India Private Limited
Sonu Chadha is a mutual person
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.
Deals i
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
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
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 5 months 18 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 9 months 8 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 3 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 6 months .
13 Aug 2019
Recent News, Updates & Announcement
- CCI approves Rhone Capital’s stake acquisition in RHI Magnesita.
The acquisition of a stake of up to 29.9% in RHI Magnesita NV is being carried out by Ignite Luxembourg Holdings..
Frequently asked questions
What is the Incorporation or founding date of Rhi Magnesita India Limited?
Rhi Magnesita India Limited was incorporated on 26 Nov 2010.
What is authorized share capital and paid-up capital of Rhi Magnesita India Limited?
The authorized share capital of Rhi Magnesita India Limited is ₹ 30.80 Cr and paid-up capital is ₹ 20.65 Cr.
Who are the current board members & directors of Rhi Magnesita India Limited?
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
What is the registered address of Rhi Magnesita India Limited?
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.
What is the corporate identification number (CIN) and company number of Rhi Magnesita India Limited?
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).
Is Rhi Magnesita India Limited registered with any stock exchange in India?
Yes, Rhi Magnesita India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ORIENTREF.
What is the official website of Rhi Magnesita India Limited?
The Official website of Rhi Magnesita India Limited is https://www.rhimagnesitaindia.com
What has been the recent revenue trend for Rhi Magnesita India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rhi Magnesita India Limited has risen by 25.06%.
How many employees does Rhi Magnesita India Limited currently have?
As Per 2023 financial reports, 930 employees are currently employed by Rhi Magnesita India Limited.
What change has been observed in the net worth of Rhi Magnesita India Limited, and by what percentage?
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%.
When was the last Balance Sheet of Rhi Magnesita India Limited filed with the ROC?
The most recent Balance Sheet for Rhi Magnesita India Limited was filed with the ROC on 31 Mar 2024.
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