ALFA Finder| Revenue growth | Consolidated Q2 revenue ₹315.7 Cr, +39% YoY; H1 +29.9%. |
|---|---|
| Margins | Consolidated EBITDA margin 4.3% Q2; standalone 8.2%; pressure expected to persist. |
| Order book | Analyst cited ~₹795 Cr vs ~₹1,100 Cr year ago; unconfirmed by management. |
| Demand visibility | Railway budgets curtailed this year; orders delayed; no firm FY27 target. |
| Management confidence | Balanced-to-defensive; repeated margin hedging, avoided timelines and numbers. |
Growth
Consolidated H1 revenue +29.9%, standalone Q2 revenue +29.6%. Standalone gross profit grew only 15.1% in Q2, so profit is lagging sales.
Outlook
No numeric FY27 guidance given. Elventive breakeven expected in 4–5 quarters; margin recovery timing unspecified.
Risks
Elventive France drag; railway budget cuts; propulsion margin pressure; PAT relies on exceptional gains.
Earnings Call Transcript filed with NSE, NSE: HIRECT. Summary written with AI assistance from the document.
Hirect 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 46.5×
- 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 Hirect Ltd
All →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.
Hirect Annual General Meeting
Hirect Limited announced Postal Ballot voting results regarding the appointment of directors and an extension of the timeline for the utilization of preferential issue funds.