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
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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.
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.
Hirect reported Q1FY27 consolidated revenue of ₹258.4 Cr, up 20.3% YoY. Strategy focuses on evolving from a component supplier to a vertically integrated system player with global expansion.
Hind Rectifiers (HIRECT) delivered strong FY26 standalone growth of 44.8% while consolidating the Elventive France acquisition, which temporarily suppressed consolidated EBITDA margins to 3%.
Hind Rectifiers delivered record revenue in FY26 led by traction transformers, despite consolidated margins being temporarily suppressed by the Elventive France acquisition integration.
Hind Rectifiers delivered record FY26 consolidated revenue of ₹999.1cr (up 52.5% YoY) with EBITDA growth of 19.6%. Strategy focused on railway system integration and European expansion via Elventive acquisition.
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.