Hind Rectifiers LimitedHIRECTCorporate

Electronics - Components Latest results: Jun 2026 11 quarters of data

₹1,116.20

MCap ₹3,837 Cr · P/E 118.7

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹258 Cr

Sales · Jun 2026

+20.3% YoY

₹13 Cr

Operating Profit · Jun 2026

-45.5% YoY

5.1%

OPM % · Jun 2026

-54.9% YoY

₹7 Cr

Net Profit · Jun 2026

-49.1% YoY

₹2.74

EPS · Jun 2026

-63.2% YoY

📝 Hind Rectifiers Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Hind Rectifiers Limited reported revenue of ₹258 crore for the quarter ended June 2026 (Q1 FY27), up 20.3% from ₹215 crore in the same quarter last year, and down 7.6% sequentially over the March 2026 quarter.

Net profit fell 49.1% year-on-year to ₹7 crore, from ₹13 crore. Earnings per share (EPS) came in at ₹2.74.

Operating profit stood at ₹13 crore — an operating margin (OPM) of 5.1%, compared with 11.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Hind Rectifiers Limited posted revenue of ₹999 crore, a growth of 52.5% over FY25, with a net profit of ₹39 crore (up 4.0% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,043 crore with a net profit of ₹32 crore.

Valuation snapshot

At the current price of ₹1,116.20, HIRECT has a market capitalisation of ₹3,837 crore and a trailing P/E of about 118.7.

Within the Electronics - Components industry, it is the 3rd-largest of the 11 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 42.59%, foreign institutional investors (FIIs) 6.84%, domestic institutional investors (DIIs) 3.16%, public shareholders 47.40% of Hind Rectifiers Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹3,837 Cr

Current Price ?

₹1,116.2

P/E ?

118.67above ind

Industry P/E ?

78.50

P/B ?

18.36

P/S ?

3.68

P/FCF ?

-319.72

Enterprise Value ?

₹4,082 Cr

EV/EBITDA ?

55.87

PEG ?

N/A

Earnings Yield ?

1.4%

Dividend Yield ?

0.09%

Profitability & Returns

Sales (TTM) ?

₹1,043 Cr

OPM ?

7.0%

Profit after tax (TTM) ?

₹32 Cr

EPS (TTM) ?

₹9.41

ROCE ?

19.0%

ROE ?

15.5%

ROA ?

4.9%

Growth

Sales — latest qtr ?

₹258 Cr

PAT — latest qtr ?

₹7 Cr

YoY qtr sales growth ?

20.3%

YoY qtr profit growth ?

-49.1%

Sales growth (3y) ?

N/A

Sales growth (5y) ?

N/A

Profit growth (3y) ?

N/A

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹245 Cr

Debt to Equity ?

1.17

Interest Coverage ?

4.4

Current Ratio ?

N/A

Ownership

Promoter holding ?

42.59%

Change in promoter holding ?

-1.39%

Pledged percentage ?

N/A

Market

Return 3 months ?

-10.3%

Return 6 months ?

24.2%

🗓️ Quarterly results (11 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	YoY %	QoQ %
Sales	137	151	136	166	169	185	215	227	277	280	258	+20.3%	-7.6%
Operating Profit	13	14	14	18	18	20	24	26	26	8	13	-45.5%	+56.9%
Other Income	-7	0	1	0	1	0	0	0	0	1	4	+1806.2%	+299.2%
Interest	3	4	3	3	3	4	4	4	5	4	5	+30.7%	+15.9%
Depreciation	2	2	2	2	2	2	3	3	4	4	5	+72.6%	+22.1%
Profit Before Tax	1	8	10	13	13	14	18	20	15	1	12	-35.8%	+1274.6%
Net Profit	2	5	7	10	10	10	13	15	13	-2	7	-49.1%	+509.1%
EPS	0.44	1.49	2.02	2.97	5.84	5.83	7.44	4.28	7.58	1.31	2.74	-63.2%	+109.2%
OPM %	9.9%	8.9%	10.7%	11.0%	10.4%	10.8%	11.3%	11.4%	9.2%	3.0%	5.1%	-54.9%	+70.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹655 Cr	₹999 Cr	₹1,043 Cr	+52.5%
Operating Profit	₹70 Cr	₹84 Cr	₹73 Cr	+19.6%
OPM %	10.73%	8.41%	7.01%	-21.6%
NPM %	5.66%	3.86%	3.10%	-31.8%
Other Income	₹1 Cr	₹2 Cr	₹6 Cr	+11.2%
Depreciation	₹8 Cr	₹14 Cr	₹16 Cr	+63.0%
Interest	₹13 Cr	₹16 Cr	₹17 Cr	+21.0%
EBIT	₹62 Cr	₹70 Cr	₹57 Cr	+13.6%
PBT	₹50 Cr	₹54 Cr	₹47 Cr	+7.6%
Tax	₹7 Cr	₹10 Cr	₹10 Cr	+39.3%
Net Profit	₹37 Cr	₹39 Cr	₹32 Cr	+4.0%
EPS	₹16.66	₹20.61	₹15.91	+23.7%
Material Cost	₹264 Cr	₹558 Cr	₹621 Cr	+110.9%
Employee Cost	₹33 Cr	₹93 Cr	₹115 Cr	+179.9%
Extraordinary Items	—	₹-2 Cr	₹2 Cr	—

🏛️ Balance Sheet (latest 3 periods)

Metric	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	3	3	7	+133.3%
Reserves	121	156	202	+29.5%
Borrowings	135	164	245	+49.4%
Other Liabilities	71	93	209	+124.7%
Total Liabilities	331	417	662	+58.8%
Fixed Assets	90	107	203	+89.7%
CWIP	22	12	3	-75.0%
Investments	0	0	0	—
Other Assets	219	298	455	+52.7%
Total Assets	331	417	662	+58.8%

💧 Cash Flow (latest 3 periods)

Metric	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	34	36	86	+138.9%
Cash from Investing Activity	-19	-25	-90	-260.0%
Cash from Financing Activity	-14	-11	8	+172.7%
Net Cash Flow	0	-0	4	—
Free Cash Flow	20	14	-12	-185.7%
CFO/OP	76%	62%	118%	+90.3%

➗ Ratios (latest 3 periods)

Metric	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	63	61	90	+47.5%
Inventory Days	92	92	74	-19.6%
Days Payable	45	46	59	+28.3%
Cash Conversion Cycle	110	107	105	-1.9%
Working Capital Days	24	25	16	-36.0%
ROCE %	—	22%	19%	-13.6%

👥 Shareholding (latest 6 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jul 2026	Sep 2026	% Chg
Promoters	43.98%	43.93%	43.93%	43.93%	42.58%	42.59%	+0.0%
FIIs	6.30%	6.64%	6.21%	6.38%	6.84%	6.84%	+0.0%
DIIs	0.06%	0.13%	0.13%	0.13%	3.22%	3.16%	-1.9%
Public	49.63%	49.31%	49.73%	49.55%	47.35%	47.40%	+0.1%
No. of Shareholders	18,496	24,038	23,276	21,700	22,219	22,375	+0.7%

⚖️ Peer comparison

Industry: Electronics - Components · 11 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	AVALON Avalon Technologies	₹2,247.30	15,030	112.3	1,764	134	11.4%	7.6%	46.0%	78.0%	49.8%	145.3%
2	GENUSPOWER Genus Power	₹301.55	8,341	12.8	5,173	652	18.8%	12.6%	94.6%	90.5%	44.8%	43.2%
3	HIRECT Hind Rectifiers	₹1,246.40	4,284	71.4	971	60	10.6%	6.2%	44.7%	55.2%	10.1%	17.8%
4	KERNEX Kernex Microsystems	₹1,750.10	2,941	33.3	431	88	34.5%	20.4%	127.2%	73.6%	207.0%	109.0%
5	VINYAS Vinyas Innovative	₹1,144.75	1,441	46.7	514	31	11.9%	6.0%	—	—	22.3%	83.3%
6	AIMTRON Aimtron Electronics	₹545.30	1,124	28.5	258	39	22.7%	15.2%	—	—	59.9%	60.6%
7	MICEL MIC Electronics	₹35.38	1,054	—	223	-12	11.3%	-5.4%	102.4%	-219.7%	264.3%	6.6%
8	ELIN Elin Electronics	₹88.71	441	19.3	1,288	23	4.3%	1.8%	9.1%	-22.9%	2.7%	-104.4%
9	BPL BPL	₹46.73	229	—	80	-15	-8.2%	-18.1%	-19.7%	-161.5%	9.8%	-229.6%
10	NITIRAJ Nitiraj Engineers	₹219.00	224	93.2	55	2	10.0%	4.4%	-39.3%	-78.0%	78.8%	419.7%
11	DELTAMAGNT Delta Manufacturing	₹54.88	60	—	67	-11	3.8%	-15.8%	2.3%	-2.6%	33.2%	85.7%

❓ Frequently asked questions

What was Hind Rectifiers Limited's revenue in Q1 FY27?

What was Hind Rectifiers Limited's net profit in Q1 FY27?