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Earnings Call

Hind Rectifiers Earnings Call: Key Takeaways

Hind Rectifiers delivered strong FY26 performance with consolidated revenue growing 52.5% YoY to ₹999.1cr. Strategy focused on backward integration and global expansion via Elventive France acquisition.

Highlights
Revenue growth52.5% YoY consolidated growth in FY26.
MarginsConsolidated EBITDA margin at 8.4%; Standalone margin 10.8%.
Order bookBacklog at ₹845.5cr; fresh inflows at ₹858.4cr.
Demand visibilityStrong visibility from Indian Railways electrification and modernization.
Management confidenceHigh, citing robust execution and healthy order backlog.

Growth

FY26 Consolidated Revenue up 52.5% to ₹999.1cr; EBITDA increased 19.6% to ₹84.1cr; PAT up 21.3% to ₹45.0cr.

Outlook

Order book of ₹845.5cr; commissioned CTC copper facility; entering European market; focusing on indigenous propulsion systems.

Risks

Fluctuations in earnings, competition, and potential time/cost overruns on long-term railway contracts.

Source

Earnings Call filed with NSE, NSE: HIRECT. Summary written with AI assistance from the document.

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Hind Rectifiers Ltd: key numbers

Share price
₹1,212.90
Market cap
₹4,169 Cr
Revenue (annual)
₹999.1 Cr
Net profit (annual)
₹45.01 Cr
P/E (TTM)
100.1×Sector 41.4×
Promoter holding
42.58%-1.35% QoQ
FII holding
6.84%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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