| Revenue growth | Standalone revenue grew 32.5% YoY to ₹33.98 Cr. |
|---|---|
| Margins | EBITDA margin dipped to 16.6% from 17% on higher costs. |
| Order book | Improved to ₹38.9 Cr from ₹17.4 Cr in March 2026. |
| Demand visibility | Strong momentum in industrial power, railways, and infrastructure segments. |
| Management confidence | Aggressive and optimistic, specifically regarding the Silicon Carbide (SiC) expansion. |
Growth
Revenue grew 32.5% YoY to ₹33.98 Cr, driven by sustained industrial demand and high-power device sales.
Outlook
Order backlog stands at ₹38.9 Cr, with the Odisha SiC facility expected to start production in 3 months.
Risks
Regulatory and statutory clearance delays in the Odisha plant threaten the 3-month SiC production timeline.
Last quarter's promises, checked
Delivered
- Guided Halol >₹30 Cr/qtr → delivered ₹33.98 Cr (= BEAT)
- Guided sustainable EBITDA margin 15–17% → delivered 16.6% (= BEAT)
Partly delivered
- Guided ₹70 Cr bank loan final sanction next week → still 'pursuing' term loan; only in-principle approval (= PARTIAL)
- Guided ₹12–15 Cr epi-wafer revenue in H2 FY27 → target kept, timing now 4–6 months (= PARTIAL)
Missed
- Guided 3–4x FY27 top-line growth → delivered 32.5% YoY this qtr (= MISS)
- Guided Odisha epitaxy start end-Q2 FY27 → production still ~3 months out, clearances pending (= MISS)
Earnings Call Transcript filed with NSE, NSE: RIR. Summary written with AI assistance from the document.
RIR Power Electronics Ltd: key numbers
- Share price
- ₹144.70
- Market cap
- ₹1,110 Cr
- Revenue (annual)
- ₹90.87 Cr
- Net profit (annual)
- ₹6.72 Cr
- P/E (TTM)
- 117.9×Sector 43.1×
- Promoter holding
- 57.56%-1.05% QoQ
- FII holding
- 6.53%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 Results Update
RIR Power Electronics reported strongly improved Q2 FY27 performance with double-digit revenue and profit growth. Its Odisha SiC wafer reactor installation was completed this quarter.
RIR Power Electronics Q2 FY27 Results: Net Profit ₹4.4 Cr, Up 41.9% YoY
RIR Power Electronics Ltd reported revenue from operations of ₹34 Cr (+32.8% YoY) and net profit of ₹4.4 Cr (+41.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹4.4 Cr · +41.9% YoY
RIR Power Electronics Board Meeting Date
RIR Power Electronics Ltd has scheduled a board meeting on 26th October 2026 to consider and approve the unaudited financial results for the quarter ended September 2026.
RIR Power Electronics Other Announcement
RIR Power Electronics Ltd filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
RIR Power Electronics Promoter Selling: ₹19.3 Cr
Promoter and Director Bhavna H. Mehta sold 10,00,000 equity shares worth ₹19.30 Crore via market sale on NSE.
- Value
- ₹19.30 Cr
- Promoter stake change
- -1.25%
RIR Power Electronics Annual General Meeting
RIR Power Electronics held its 57th Annual General Meeting on September 29, 2026, to transact business listed in the notice, including the approval of financial statements.