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HIND RECTIFIERS LTD. Q1 FY26 Results

HIRECTQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue214.7716.1%
Total Income215.0016.0%
Expenditure196.9014.9%
PBT18.1029.3%
Net Profit12.7727.8%
OPM11.28%0.53pp
NPM5.94%0.55pp
EPS7.4427.6%
View full financials

Hind Rectifiers Limited Reports 58.5% YoY Revenue Growth in Q1FY26, Driven by Sustained Business Momentum

29 Jul 2025 · 29 Jul 2025, 06:07 pm

Summary

Hind Rectifiers Limited, a leading manufacturer of Power Semiconductor, Power Electronic equipment and Railway Transportation equipment, reported its unaudited financial results for the quarter ended 30th June 2025. The company achieved a 58.5% YoY revenue growth, reaching INR 214.8 crore. EBITDA rose by 66.9% YoY to INR 24.2 crore, with margins improving by 60 bps YoY to 11.3%. PAT rose by 85.5% YoY to INR 12.8 crore. The order book has reached an all-time high of INR 1,025 crore, led by a robust INR 327 crore worth of orders from Indian Railways. The company is actively pursuing further opportunities for its next-generation propulsion technology beyond the existing order pipeline.

Key Highlights

  1. 1

    Revenue grew by 58.5% YoY to INR 214.8 crore

  2. 2

    EBITDA surged by 66.9% YoY to INR 24.2 crore

  3. 3

    PAT grew by 85.5% YoY to INR 12.8 crore

  4. 4

    Order book at INR 1,025 crore as of 30th June 2025

  5. 5

    Secured two notable orders amounting to INR 127 Crores and INR 101 crores respectively from Indian Railways

  6. 6

    Received a significant order from Indian Railways for a next-generation propulsion system designed specifically for passenger locomotives

  7. 7

    Successfully commissioned indigenously developed propulsion system for Indian Railways

  8. 8

    Board of Directors approved the preferential issue of warrants amounting to INR 27.4 crores to the existing promoter group

Management Comments

S

Suramya Nevatia

We are pleased to report a strong start to FY26, continuing the momentum of the previous year. This performance reflects our continued focus on optimum product mix, cost optimization, operational and financial discipline. Our order book has reached an all-time high of INR 1,025 crore, led by a robust INR 327 crore worth of orders from Indian Railways during the quarter, further reinforcing our position as a trusted partner in power electronics and locomotive segments. A key highlight of the quarter was securing a key order from Indian Railways for the new propulsion system with advanced capabilities tailored for passenger locomotives. In addition, the company is actively pursuing further opportunities for this next-generation propulsion technology beyond the existing order pipeline. Further, we are happy to share about the successful commissioning of our indigenously developed propulsion system for Indian Railways. The system has now been assigned to the railway shed for the commencement of field trials. The Board of Directors has approved the preferential issue of warrants amounting to INR 27.4 crores to the existing promoter group, subject to the approval of the Shareholders of the Company. This will facilitate to propel growth across the key business segments. With strong sector tailwinds, a robust order pipeline, our continued focus on indigenous product development, innovation, and an expanding technology portfolio, we remain confident in our ability to create long-term value for all the stakeholders.

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