| Revenue growth | 52.5% YoY consolidated growth in FY26. |
|---|---|
| Margins | Consolidated EBITDA margin at 8.4%; Standalone margin at 10.8%. |
| Order book | Healthy order backlog of ₹845.5cr at end of FY26. |
| Demand visibility | Strong pipeline from Indian Railways electrification and rolling stock modernization. |
| Management confidence | High confidence in delivering sustainable growth and long-term value. |
Growth
FY26 Consolidated Revenue grew 52.5% YoY to ₹999.1cr; Standalone PAT rose 54.7% YoY to ₹57.7cr.
Outlook
Aspirational market share target of 15-20% for system solutions; ₹56cr capex for copper conductor facility.
Risks
Subject to input cost fluctuations, competition in railway propulsion, and integration risks of the French acquisition.
Earnings Call filed with BSE, NSE: HIRECT. Summary written with AI assistance from the document.
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.
More from Hind Rectifiers Ltd
All →Hirect Management Change
Mrs. Preeti Sharma has resigned from her position as Head Legal and Senior Management Personnel of Hirect Limited, effective September 24, 2026.
Hirect Merger & Restructuring Worth ₹4.5 Cr
Hirect Limited sold the residual part of its non-operational Dehradun plant for ₹4.5 Crore. The buyer is not part of the promoter group.
- Value
- ₹4.50 Cr
Hirect Annual General Meeting
Hirect Limited has issued a Postal Ballot notice for shareholder approval of director appointments and an extension for utilizing funds raised via preferential equity warrants.
Hirect Annual General Meeting
Hirect Limited issued a Postal Ballot Notice seeking shareholder approval for director appointments and extending the timeline for utilizing Rs. 27.36 Crore raised via warrants.
- Value
- ₹27.36 Cr
Hirect Earnings Call Transcript: Key Takeaways
Q1 FY27 consolidated revenue grew 20.3% YoY to INR 258.4 Cr. Hirect is transitioning from component supplier to integrated systems provider for Indian and US rail/mining markets.
- Call
- Guides 30% growth
Hind Rectifiers Earnings Call Transcript: Key Takeaways
Hind Rectifiers Q1 FY27 showed 20.3% consolidated revenue growth but flat orders due to geopolitical delays. Management focuses on shifting from component supplier to integrated systems provider.
- Call
- Guides 30% growth