| Revenue growth | FY26 revenue grew 5.41% YoY to ₹90.87cr. |
|---|---|
| Margins | Targeting 40%+ margins once SiC fab exceeds 60% capacity utilization. |
| Order book | FY26 order intake ₹90.2cr; closing backlog ₹17.4cr. |
| Demand visibility | Strong export demand and growth in EVs, data centers, and railways. |
| Management confidence | High confidence in SiC market share and defense/railway sector growth. |
Growth
FY26 Revenue: ₹90.87cr (+5.41%); PAT: ₹6.72cr; Q4 Revenue: ₹23.95cr (up 18% QoQ, down 9.5% YoY).
Outlook
Odisha Phase 1 (epitaxy) starts Q2 FY27; total project capex ₹618cr; targeting 2.5x-3x revenue growth at Halol facility.
Risks
Delays in 33kV power supply from Odisha government; high capital intensity of fab operations; one-time order base effects.
Last quarter's promises, checked
Delivered
- Guided Odisha revenue INR 1cr in FY26 → delivered INR 1cr (= BEAT)
- Guided NSE listing process start → delivered NSE listing in progress (= BEAT)
Partly delivered
- Guided Odisha Phase 1 capex INR 225cr → delivered total project revised to INR 618cr (= PARTIAL)
Missed
- Guided Odisha power on by 31 Mar 2026 → delivered 33kV delays into Q2 FY27 (= MISS)
Earnings Call filed with BSE, NSE: RIR. Summary written with AI assistance from 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
All →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.
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%
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.
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.
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.
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.