India's leading refractory maker, supplying furnace linings for steel, cement, glass and metal plants.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 12 | 12 | 16 | 19 | 21 | 21 | 21 | 21 |
| Reserves | 415 | 793 | 1.0k | 2.9k | 3.9k | 4.1k | 4.0k | 3.5k |
| Borrowings | 0 | 62 | 65 | 618 | 111 | 45 | 415 | 98 |
| Other Liabilities | 152 | 391 | 580 | 890 | 610 | 620 | 938 | 695 |
| Total Liabilities | 579 | 1.3k | 1.7k | 4.4k | 4.6k | 4.7k | 5.4k | 4.3k |
| AssetsFixed Assets | 129 | 239 | 278 | 1.0k | 1.0k | 1.0k | 2.7k | 1.0k |
| CWIP | 4 | 46 | 34 | 27 | 34 | 50 | 47 | 39 |
| Investments | 10 | 10 | 10 | 1.7k | 1.9k | 1.9k | 0 | 1.4k |
| Other Assets | 436 | 964 | 1.4k | 1.7k | 1.7k | 1.8k | 2.6k | 1.9k |
| Total Assets | 579 | 1.3k | 1.7k | 4.4k | 4.6k | 4.7k | 5.4k | 4.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 54 | 97 | 166 | 26 | 351 | 87 | 259 | 312 |
| Cash from Investing | -5 | 27 | -78 | -71 | -768 | -650 | -85 | -276 |
| Cash from Financing | -35 | -36 | -55 | -50 | 481 | 476 | -135 | -7 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 37 | 24 | 81 | -35 | 304 | 35 | 173 | 219 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
RHIM · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.