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Earnings Call

RIR Power Electronics Earnings Call: Key Takeaways

RIR Power Electronics demonstrates steady FY26 growth, focus shifting to their major Odisha SiC facility expansion. Management is transitioning from legacy products to high-power semiconductor modules with significant R&D investment.

Why this was an Alfa AlertNot a filter event. Financial growth was moderate (5.4%) and no major guidance beat was specified.
Highlights
Revenue growthFY26 revenue rose 5.4% YoY; Q4 revenue up 18% QoQ.
MarginsTargeting 40%+ margins once SiC facility utilization exceeds 60%.
Order bookClosing backlog of ₹17.4cr; 20% from overseas customers.
Demand visibilityStrong visibility in Railways, Defense, and High-Voltage DC transmission segments.
Management confidenceHighly optimistic, emphasizing strategic transition to high-power Silicon Carbide (SiC).

Growth

FY26 revenue up 5.41% to ₹90.87cr; EBITDA at ₹10.21cr. Export orders now 20% of intake.

Outlook

Targeting 2-3x revenue growth in 2-3 years. Odisha phase 2 fabrication capex estimated at ₹400cr.

Risks

Odisha facility faces delays due to government power supply issues (33KV line). High capex/low asset turnover.

Source

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

Read the document ↗

RIR Power Electronics Ltd: key numbers

Share price
₹187.90
Market cap
₹1,442 Cr
Revenue (annual)
₹90.87 Cr
Net profit (annual)
₹6.72 Cr
P/E (TTM)
177.6×Sector 41.4×
Promoter holding
58.61%+0.00% QoQ
FII holding
8.50%Current quarter

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

More from RIR Power Electronics Ltd

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17:59 IST BSE
Capacity Expansion

RIR Power Electronics Capacity Expansion

RIR Power Electronics has installed its SiC Epitaxial Wafer Manufacturing Reactors at the Bhubaneswar facility. The plant will commence commercial production pending necessary regulatory approvals.

12:32 IST BSE
Promoter Selling

RIR Power Electronics Promoter Selling: ₹15.5 Cr

Jitendra Uttamchand Mehta, part of the RIR Power Electronics promoter group, sold 8.37 lakh equity shares via market sale for Rs.15.50 Crore.

Value
₹15.50 Cr
Promoter stake change
-1.05%
15:15 IST BSE
Other Announcement

RIR Power Electronics Other Announcement

RIR Power Electronics sent physical letters to shareholders without registered emails, providing web links to the FY 2025-26 Annual Report. This is a Reg 36(1)(b) compliance communication with no financial or business substance.

17:37 IST BSE
Annual General Meeting

RIR Power Electronics Annual General Meeting

RIR Power Electronics Limited issued a notice for its 57th Annual General Meeting, scheduled for September 29, 2026, via video conference.

13:36 IST BSE
Dividend

RIR Power Electronics Dividend

RIR Power Electronics has fixed September 22, 2026, as the record date for its final dividend of Rs.0.10 per share, subject to shareholder approval.

13:18 IST BSE
Annual Report

RIR Power Electronics Annual Report

RIR Power Electronics Ltd has submitted its 57th Annual Report for the financial year 2025-26, along with the notice for the 57th Annual General Meeting.