RHI Magnesita India (RHIM) is currently in focus due to its upcoming Annual General Meeting on 29 September 2026 and strong Q1 FY27 results, which beat estimates thanks to better price surcharges and operating efficiencies. Analysts have maintained a BUY rating with a target price of ₹522 per share.
📊 Latest Corporate Updates
Annual General Meeting (AGM): Scheduled for 29 September 2026 at 11:00 AM IST. Shareholders will review FY2025-26 performance and dividend announcements.
Dividend Record Date: 11 September 2026 was set as the record date for final dividend eligibility. Payment is expected by 29 October 2026.
Investor Meetings: Analyst/Investor meet intimations were filed on 9 September 2026, signaling active engagement with stakeholders.
💹 Financial Performance (Q1 FY27)
Revenue & Margins: Strong margins despite input cost inflation, supported by price surcharges and operating efficiencies.
Market Share Gains: Expanded presence in steel plants and secured new 4PRO contracts.
Cash Position: Net cash balance of ₹1.4 billion (June 2026), enabling future capex through internal accruals.
Stock Price: Currently trading around ₹375/share, down 0.7% today.