HIRECT · Hind Rectifiers Ltd · Semiconductors
HIRECT · Hind Rectifiers Ltd · Semiconductors
As of 06 Nov close
52-week range
33.5% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹258 Cr
Revenue YoY
PAT YoY
-26.2%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
23.3
P/S (TTM)
4.2
Sector P/E
43.1
Dividend yield
+0.1%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| HIRECT (this stock) | 111.8 | 23.3 | +3.4% | +16.9% | 1.17 | +0.1% |
| Premier Energies * | 28.3 | 10 | +19.7% | +38.6% | 0.86 | +0.1% |
| Emmvee Photovoltaic Power | 18.7 | 6 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Vikram Solar * | 17.7 | 1.9 | +6.8% | +11.3% | 0.2 | 0.0% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
falling 1q
FII
rising 2q
MF
3.06%
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| HIRECT | 2026-07-16 | 183951 | 1 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The document is a notification regarding the availability of the transcript for Hirect Limited's Q1FY27 Earnings Conference Call, which took place on August 12, 2026. It informs stakeholders that the transcript can be accessed on the company's website. The communication is in compliance with SEBI regulations, specifically Regulation 30(6) and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The letter is signed by Suhas Pawar, the Company Secretary and Compliance Officer.
The document presented factual information regarding the earnings call transcript availability.
Sourced from an exchange-filed transcript, dated 18 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On August 11, 2026, Hirect Limited submitted an investor presentation detailing its unaudited financial results for the quarter ending June 30, 2026. The presentation highlighted the company's evolution from a semiconductor manufacturer to a technology-led systems provider for the railway and industrial sectors. Management reported a healthy order book of ₹739.8 crore, primarily driven by the railway transformer business. The company noted that the integration of Elventive France has led to increased operating costs, impacting margins in the near term. However, management expressed confidence in building capabilities and driving efficiencies for long-term growth. The presentation also outlined strategic milestones, including entry into next-generation trainsets and expansion into the U.S. market, emphasizing a focus on higher-value products and systems. Financial highlights included a 10.1% increase in revenue from operations year-over-year, with a reported PAT of ₹15.1 crore, reflecting a 17.8% increase.
The document presented both positive growth metrics and challenges related to margin pressures.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call transcript for Hirect Limited's Q4 and FY26 financial results was made available on May 22, 2026. The document noted that this release follows previous communications dated May 13 and May 16, 2026. It was submitted in compliance with SEBI regulations regarding disclosure requirements. The company secretary, Suhas Pawar, signed the document, confirming its authenticity and submission to the stock exchanges.
The document presented factual information regarding the availability of the earnings call transcript.
Sourced from an exchange-filed transcript, dated 22 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On May 16, 2026, Hind Rectifiers Limited provided an investor presentation detailing its financial performance for FY26. Management reported a consolidated revenue growth of 52.5% year-over-year, reaching Rs. 999.1 crore, with EBITDA increasing by 19.6% to Rs. 84.1 crore. The company highlighted a significant improvement in operating cash flow, which rose by 141.0% to Rs. 85.8 crore. The order book stood at Rs. 845.5 crore, with fresh order inflows of Rs. 858.4 crore. Management emphasized the operationalization of a new copper conductor facility and advancements in their indigenous propulsion system development. The acquisition of Elventive France was noted as a strategic move to enhance global capabilities in robotics and electronics. Overall, management expressed confidence in sustainable growth driven by strong industry demand and ongoing investments in technology and innovation.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 16 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation dated February 11, 2026, reported strong financial performance for Hind Rectifiers Limited during Q3 FY26, with consolidated revenue increasing by 64.2% year-on-year to Rs. 277.4 crore, marking the highest quarterly revenue to date. The presentation highlighted a consolidated Operating EBITDA growth of 44.9% year-on-year to Rs. 25.5 crore and a profit before tax (PBT) increase of 23.3% year-on-year to Rs. 16.6 crore. Management announced a bonus share issuance in a 1:1 ratio, reflecting the company's robust financial position. The order book stood at Rs. 1,013.0 crore, supported by demand from Indian Railways and the industrial segment. Strategic updates included the acquisition of BeLink Solutions to enhance global capabilities and a backward integration project for copper conductors aimed at improving cost efficiency. The presentation emphasized ongoing growth initiatives and favorable industry conditions.
Management emphasized strong financial results and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedHIRECT Limited (HIRECT) reported a market capitalization of ₹22,700 million as of March 31, 2026, with a dividend of ₹1.40 per equity share. The company expanded its global footprint through the acquisition of Elventive France (formerly BeLink Solut) in 2025-2026 and focuses on technology-led systems engineering. The auditor’s report was unmodified, and the company has no material defaults or regulatory actions. Statutory reports confirm compliance with governance and financial controls, with no significant disputes or defaults noted. The company has ongoing tax disputes related to GST for FY 2017-18, 2020-21, and 2021-22, but no defaults in loan repayments.
- Market capitalization of ₹22,700 million as of March 31, 2026.
- Acquired Elventive France in 2025-2026 to expand global presence.
- Auditor’s report was unmodified, with no material defaults or regulatory actions noted.
- Ongoing GST disputes for FY 2017-18, 2020-21, and 2021-22, but no defaults in loan repayments.
Key takeaway: HIRECT Limited demonstrates strong financial governance and global expansion, with minor ongoing tax disputes that do not impact its operational or financial stability.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company paid a fine of Rs. 4,30,000 to NSE for delayed appointment of an Independent Woman Director.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities including guarantees given by banks on its behalf to third parties, letters of credit opened by its bankers for third parties, and disputed GST/Sales Tax claims.
Earlier (1-3 years ago)
The company has provisions for warranty-related costs recognized annually, with expected outflows within 1 to 6 years from the Balance Sheet date.
The company provides warranties for general repairs of defects that existed at the time of sale, as required by law, which are accounted for under Ind AS 37 Provisions, Contingent Liabilities and Contingent Assets.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company has disclosed material transactions with related parties, including relatives of the Board of Directors and KMP, during the year ended March 31, 2026.
Earlier (1-3 years ago)
The company paid ₹90.27 lakhs in remuneration to Mr. Saurabh Nevatia, a related party employee, during the financial year 2024-2025, approved by the Board on May 26, 2022.
The company paid 90.27 lakhs in remuneration to Mr. Saurabh Nevatia, a related party employee, during FY2023-24, approved by the Board on May 26, 2022.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has not deposited certain Goods and Services Tax dues for FY 2017-18 and FY 2020-21, with disputes pending before the Commissioner (Appeals). The amounts are not specified but are part of the statutory dues under GST.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
4.82% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).