RIR Power Electronics Ltd

RIR Power Electronics Ltd has announced September 22, 2026, as the record date for its final dividend of Rs. 0.10 per equity share. This dividend is subject to shareholder approval at the upcoming 57th Annual General Meeting. The e-voting period for the AGM will be from September 26 to September 28, 2026. The dividend, if approved, will be paid within 30 days of the AGM.

RIR Power Electronics Limited has announced its 57th Annual General Meeting (AGM) to be held on September 29, 2026, at 4:30 PM IST via Video Conferencing. The company has also released its 57th Annual Report for the financial year 2025-26, which includes financial statements, corporate overview, and management discussions. Key financial highlights for FY 2025-26 show Revenue of ₹90.87 crore, EBITDA of ₹10.21 crore, and Profit After Tax (PAT) of ₹6.72 crore, with year-on-year decreases in EBITDA and PAT. The report emphasizes the company's focus on innovation, expansion in high-growth sectors with advanced semiconductor solutions like Silicon Carbide (SiC), and strengthening India's semiconductor manufacturing ecosystem under the 'Make in India' initiative. Strategic milestones include cleanroom construction for SiC facilities and securing an overseas order for SCR thyristors.

RIR Power Electronics Limited announced its unaudited standalone financial results for Q1 FY27, reporting a revenue of ₹27.16 crore, a 29.28% increase year-on-year. Adjusted EBITDA grew by 62.87% to ₹4.71 crore, and Profit After Tax (PAT) surged by 80.59% to ₹3.14 crore. The company also highlighted strategic developments including board appointments, its listing on the NSE, advancements in semiconductor research, expansion in the railway sector, and securing its first overseas order. Management expressed optimism about capitalizing on emerging opportunities in India's semiconductor and clean energy ecosystems.

RIR Power Electronics' standalone Q1 FY27 (quarter ended 30 June 2026) results show revenue from operations of ₹27.16 Cr, up 29.3% YoY from ₹21.01 Cr and up 13.4% QoQ from ₹23.95 Cr. Standalone PAT came in at ₹3.14 Cr, up 80.6% YoY from ₹1.74 Cr and up 126% sequentially from ₹1.39 Cr in Q4 FY26 — a sharp reversal after Q4 FY26 PAT had fallen 45.5% YoY. This is the company's only reported basis; there is no consolidated statement in this filing. Neither the current nor year-ago quarter carries an extraordinary item, so the growth is on a clean, comparable base and no adjusted-growth figure is needed. Margins expanded on both counts: net margin rose to 11.55% from 8.27% a year ago, and operating margin (EBIT before other income/finance costs) improved to 13.42% from 12.32%. The gain came even as employee benefit expense rose 63.7% YoY to ₹4.35 Cr, suggesting cost leverage from higher volumes offset the added headcount cost; other expenses and cost of materials held broadly steady as a share of revenue. Finance costs actually fell 26.6% YoY to ₹0.26 Cr, indicating the Odisha Phase-1 debt facility flagged in the last concall has not yet meaningfully drawn down. No analyst coverage or published Street estimate could be found for this print, so vs-Street is unknown. Management gave no quantitative guidance in the prior (Q3 FY26, Feb 2026) concall beyond Odisha milestones — a clean room ready by mid-March 2026, commercial production ~90 days after a targeted 31 March 2026 HT power connection, and ₹70 Cr Phase-1 debt financing by early March 2026 — and this filing (a board-outcome letter plus the financial statement, with no MD&A or press release) does not address whether any of those were met, so vsGuidance is unknown rather than assumed met. The board also elevated Financial Controller Ankit Shah to CFO and appointed Vivek Patel as an additional independent director, both effective the same day (10 Aug 2026); paid-up equity capital has roughly doubled to ₹15.91 Cr from ₹7.67 Cr a year ago ahead of the company's July 16, 2026 NSE listing, which dilutes the YoY EPS comparison (₹0.39 vs a restated ₹0.23).

RIR Power Electronics Ltd has announced that its Board of Directors will convene on August 10, 2026. The primary agenda item for this meeting is to consider and approve the unaudited standalone financial results for the quarter ending June 30, 2026. Additionally, the company has informed about the closure of the trading window for designated persons, effective from July 1, 2026, and continuing until 48 hours after the financial results are declared.

RIR Power Electronics Limited, a leading manufacturer of high-power semiconductor devices, will be listed on the National Stock Exchange (NSE) effective July 16, 2026. This follows its existing listing on the BSE since 1986. The company, founded in 1969, has a market capitalization of approximately ₹1,257 crores as of July 14, 2026. The NSE listing aims to enhance stock liquidity, improve price discovery, and broaden investor access. RIR Power Electronics supplies critical semiconductor devices for sectors like railways, defense, EVs, and power generation, and operates a plant in Gujarat with a new facility upcoming in Odisha. The company emphasizes this move as a significant milestone in its growth journey, reinforcing investor confidence and its commitment to innovation.

RIR Power Electronics Limited has received approval from the National Stock Exchange of India Limited (NSE) to list and trade its equity shares on the NSE's Mainboard platform. The listing will be effective from Thursday, July 16, 2026. The company's symbol on NSE will be 'RIR', and the series will be 'EQ'. A total of 79,572,400 equity shares of Rs. 2/- each will be admitted to dealings. This move signifies the company's expansion into a major stock exchange, potentially increasing liquidity and investor access.

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.