| Metric | Value (₹ Cr) |
|---|---|
| Revenue | 168.94 |
| Total Income | 169.45 |
| Expenditure | 155.99 |
| PBT | 13.46 |
| Net Profit | 10.01 |
| OPM | 4.90% |
| NPM | 5.91% |
| EPS | 5.84 |
Hind Rectifiers Limited Reports a Robust PAT Growth of 567% YoY in Q3FY25 and 267% YOY in 9M FY25
01 Feb 2025 · 1 Feb 2025, 01:45 am
Summary
Hind Rectifiers Limited, a leading manufacturer of Power Electronics and Electrical equipment, announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a significant increase in its profit after tax (PAT) for both Q3FY25 and 9M FY25. The total income grew by 24% YoY to INR 169.4 Cr in Q3FY25 and by 29% YoY to INR 471.45 Cr in 9MFY25. The EBITDA also increased by 34% YoY in Q3FY25 and by 67% YoY in 9MFY25. The company's order book stands at approximately ¥870 crores and the Board of Directors has approved the incorporation of a wholly owned subsidiary focused on developing solutions in the field of Information Technology (IT), Artificial Intelligence (AI), Web3, and varied software. The company is also commercialising the operations of a new vertical: HVAC systems.
Key Highlights
- 1
Total Income grew by 24% YoY to INR 169.4 Cr in Q3FY25
- 2
PAT surged by 567% YoY to INR 10 Cr in Q3FY25
- 3
Total Income grew by 29% YoY to INR 471.45 Cr in 9MFY25
- 4
PAT surged by 267% YoY to INR 27.12 Cr in 9MFY25
- 5
The company has approved the incorporation of a wholly owned subsidiary focused on developing solutions in the field of IT, AI, Web3, and varied software
- 6
The company is commercialising the operations of a new vertical: HVAC systems
- 7
The current order book stands at approximately ¥870 crores
Management Comments
Suramya Nevatia
We are pleased to announce that Q3 and 9M FY25 have been marked by robust growth and operational excellence. Our topline for Q3 FY25 stood at Rs 169.4 crore, reflecting a growth of 24% YoY. The company’s PAT grew by 567% YoY for Q3FY25, driven by effective cost management, despite the impact of rising raw material costs. The company’s order book remains strong at ~Rs 870 crores, with strong order pipeline, primarily driven by the government's continued focus on the railway sector and upcoming opportunities within the industry. We are actively progressing with our capacity expansion plans at the Sinnar and Satpur plants along with focus on backward integration which will reduce import dependency of certain components and improving cost efficiency. Overall demand seems to be intact and robust. The government's emphasis on railway infrastructure development, modernization, and electrification continues to be a critical driver for our business. With a clear focus on indigenous product development, innovation, and execution excellence, our strategy of securing new orders, expanding our product portfolio, and improving margins enables us for sustainable growth going ahead. Our strong order book, combined with our engineering expertise and commitment to backward integration, will continue to propel us toward increased market share and long-term growth across all our business segments.
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