RIR Power Electronics Ltd

RIR Power Electronics Ltd., in collaboration with Silicon University, Odisha, has had two joint research papers accepted for presentation at the IEEE Midwest Symposium on Circuits and Systems (MWSCAS) 2026. The papers focus on advancements in High-voltage Power Electronics, particularly utilizing Silicon Carbide (SiC) technology for electric mobility and industrial applications. One paper compares SiC MOSFET and Silicon IGBT traction inverter topologies, demonstrating SiC's superior efficiency and reliability. The second paper explores 4H-SiC Implant Epitaxy MOSFET designs for high-voltage applications. This collaboration, stemming from an MoU signed in November 2025, highlights industry-academia synergy in advancing India's semiconductor research on a global scale.

RIR Power Electronics Ltd announced the resignation of Mr. Ramesh Gopal Trasi as its Chief Financial Officer, effective June 2, 2026. The resignation is due to Mr. Trasi's pre-occupation with other roles and responsibilities. He will continue in his role as Chief Technology Officer. The company has provided the necessary disclosures as per SEBI regulations.

RIR Power Electronics Ltd announced its Q4 FY26 results with a revenue of ₹23.95 cr, a 9.50% decrease YoY. The adjusted EBITDA stood at ₹2.46 cr, down by 28.42% YoY, with a margin of 10.29%. PAT was reported at ₹1.39 cr, a decrease of 45.54% YoY. EPS (Basic, ₹) was ₹0.17, down by 45.54% YoY. The company's SiC Semiconductor Plant in Bhubaneswar is expected to commission Epitaxial wafer production in Q2 FY27. RIR also secured its first overseas order for 5 kV SCR thyristors and developed a 25 kV–120 kA capacitor discharge semiconductor switch.

The Board of Directors of 517035, in a meeting held on May 28, 2026, approved the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026. The Auditors' Report, issued by M/s. Kirtane & Pandit LLP, confirmed an unmodified opinion on these results. Additionally, the Board recommended a final dividend of ₹0.10 per equity share of ₹2/- each (5%) for FY 2025-26, subject to shareholder approval at the 57th Annual General Meeting. The Board also approved the appointment of Mr. Vijay Anant Chavan as a Non-Executive Independent Director for an initial term of five years, effective May 29, 2026, also subject to shareholder approval.

RIR Power Electronics Ltd. has secured its first overseas order for 120 units of its 125mm 5kV SCR thyristors from an overseas customer. The order, slated for completion by the end of 2026, comes from a leading Class I Electrical EPC contractor. This order underscores RIR Power Electronics’ growing repute as India’s leading vertically integrated Silicon Carbide (SiC) semiconductor manufacturer. The company is also setting up a state-of-the-art SiC semiconductor manufacturing plant in Odisha.

RIR Power Electronics Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a dividend to equity shareholders for the financial year 2025-26. The trading window has been closed from April 1, 2026, and will reopen 48 hours after the financial results are made public.

RIR Power Electronics Limited has announced the successful development of a 25 kV – 120 kA Capacitor discharge vertically integrated semiconductor switch. This indigenous innovation is designed for advanced pulse power applications and strengthens domestic manufacturing expertise, reducing reliance on imports and enhancing India’s competitiveness in the global power electronics market. The product has been tested and qualified at RIR Power’s manufacturing facility in Halol, Gujarat, India, demonstrating robust performance and reliability under demanding conditions. The switch is designed for high-energy pulse power systems and can be deployed across a wide range of critical applications, including defense systems, advanced medical equipments, and precision and selective directed energy technologies.

RIR Power Electronics Ltd. has received an in-principle approval from BSE Limited for the listing of 39,78,620 Equity Shares of Rs.2/- each under ‘RIR Power Electronics Limited Employees Stock Ownership Plan - 2025’. The approval is subject to the company fulfilling certain conditions such as notifying the exchange after the shares are allotted, paying prescribed fees, receiving necessary approvals, complying with guidelines, and adhering to the conditions of the Listing Agreement.

RIR Power Electronics Limited, a global pioneer in high-power semiconductor solutions, announced its unaudited standalone financial results for the quarter ended 31 December 2025 (Q3 FY26). The company reported a 12.02% growth in revenue, which stood at 66.92 crore for the first nine months of FY26. However, the EBITDA margin decreased by 118 bps to 12.12%. The company also reported a 6.91% decline in Profit After Tax (PAT) to 5.33 crore and a 155 bps decrease in PAT margin to 7.80%. The Basic EPS per share was down by 1.06% to 0.74. The company has appointed Mr. N. Ramesh Kumar as Managing Director & CEO to drive the next phase of business growth. The clean-room construction at the Odisha facility is near completion and expected to be completed by end of February 2026. The company also announced the RIR Power Electronics Limited Employees Stock Ownership Plan -— 2025 (ESOP) to reinforce its commitment to employee reward and long-term value creation.

RIR Power Electronics Limited has appointed N Ramesh Kumar as the Managing Director and Chief Executive Officer, effective from 1st February, 2026. Kumar, with over 42 years of experience, has been chosen for his strategic leadership and successful track record in scaling businesses and driving growth. Ramesh G. Trasi, the current CEO, will transition to the role of Chief Technology Officer.