| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 277.39 | 22.1% | 64.2% |
| Total Income | 277.60 | 22.1% | 63.8% |
| Expenditure | 261.00 | 25.7% | 67.3% |
| PBT | 15.32 | 22.0% | 13.8% |
| Net Profit | 12.70 | 13.8% | 26.9% |
| OPM | 8.75% | 2.65pp | 3.85pp |
| NPM | 4.57% | 1.91pp | 1.34pp |
| EPS | 7.58 | 11.7% | 29.8% |
Hind Rectifiers Limited Reports Robust Q3FY26 Financial Performance with 64.2% YoY Revenue Growth
11 Feb 2026 · 11 Feb, 10:52 pm
Summary
Hind Rectifiers Limited, a leading manufacturer of Power Semiconductor, Power Electronic equipment and Railway Transportation equipment, announced its unaudited financial results for the quarter and nine months ended 31° December 2025. The company reported a 64.2% YoY increase in revenue from operations in Q3FY26 and a 52.9% YoY growth in revenue from operations in 9MFY26. The company's order book stands at INR 1,013 Cr as of 31° December 2025, primarily driven by railway sector expansion and government initiatives.
Key Highlights
- 1
Revenue From operations grew by 64.2% YoY to INR 277.4 Cr in Q3FY26
- 2
EBITDA increased by 44.9% YoY to INR 25.5 Cr in Q3FY26
- 3
PAT® excluding Minority Interest surged by 30.1% YoY to INR 13.0 Cr in Q3FY26
- 4
Revenue from operations grew by 52.9% YoY to INR 719.3 Cr in 9MFY26
- 5
Robust order book at INR 1,013 Cr as of 31°t December 2025
- 6
Board of Directors has approved the issuance of bonus shares in the ratio of 1:1
Management Comments
Suramya Nevatia
We are pleased to report strong operational and financial performance during Q3FY26, driven by sustained demand across the railways and Industrial segment. Strong Financial Performance: Consolidated Revenue for the quarter grew 64.2% year-on-year to Rs. 277.4 crore, marking the highest-ever quarterly revenue, driven by robust growth in traction transformers and power electronics supplies to Indian Railways. Consolidated Operating EBITDA increased 44.9% year-on-year to Rs. 25.5 crore, driven by sustained execution. This translated into improved profitability, with consolidated PBT before Exceptional Items rising 23.3% year-on-year to Rs. 16.6 crore.
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