| Revenue growth | Standalone up 44.8% YoY; Consolidated up 52.5% YoY. |
|---|---|
| Margins | Standalone EBITDA margin 10.8%; Consolidated margin 3% due to acquisition. |
| Order book | ₹845.5cr as of March 31, 2026; inflows of ₹858cr. |
| Demand visibility | Strong railway sector budget; expanded addressable wallet share per locomotive. |
| Management confidence | High; citing L1 positions and successful propulsion system trials. |
Growth
Standalone revenue grew 44.8% to ₹949.2cr; PAT rose 54.7% to ₹57.7cr. Consolidated revenue hit ₹999.1cr.
Outlook
Targeting 30% standalone topline growth for FY27; ₹100cr preferential issue for capacity expansion; $1B revenue goal by FY31.
Risks
Elventive acquisition currently operating below breakeven; 6-8 quarters expected to reach PBT level profitability.
Earnings Call filed with BSE, NSE: HIRECT. Summary written with AI assistance from the document.
Hind Rectifiers Ltd: key numbers
- Share price
- ₹875.15
- Market cap
- ₹3,008 Cr
- Revenue (annual)
- ₹999.1 Cr
- Net profit (annual)
- ₹45.01 Cr
- P/E (TTM)
- 89.1×Sector 46.8×
- Promoter holding
- 42.59%-1.33% 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 Earnings Call Transcript: Key Takeaways
Record Q2 FY27 consolidated revenue of ₹315.7 Cr (+39% YoY), but EBITDA margin fell to 4.3%. PAT of ₹6.8 Cr was helped by a ₹2.7 Cr exceptional gain.
Hirect Results Update
Hirect Ltd released a press announcement reporting record Q2 and H1 FY27 revenue, with standalone revenue of ₹294.3 crore in Q2. It also disclosed an order book of ₹795.2 crore as of September 2026.
- Order book
- ₹795.2 Cr
Hirect Investor Presentation: Key Takeaways
Record Q2FY27 standalone revenue of ₹294.3 Cr (+29.6% YoY) and H1FY27 ₹530.7 Cr (+20.1%). Consolidated Q2 EBITDA margin fell to 4.3% on Elventive France costs.
Hirect Q2 FY27 Results: Net Profit ₹2.9 Cr, Down 80.3% YoY
Hirect Ltd reported revenue from operations of ₹315.7 Cr (+39.0% YoY) and net profit of ₹2.9 Cr (-80.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2.9 Cr · -80.3% YoY
Hirect Board Meeting Date
Hirect Ltd intimated a Board Meeting scheduled for November 10, 2026, to approve Q2/H1 FY27 results. The insider trading window is closed from October 1, 2026.
Hirect Other Announcement
Hirect Ltd submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.