RIR Power Electronics Limited (RIR)
₹163.93 -1.53% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, RIR Power's revenue was ₹27.2 Cr (+29.3% year on year, +13.4% on the previous quarter), and net profit ₹3.1 Cr (+80.4% year on year); the operating margin was 14.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹27.2 | +29.3% | +13.4% |
| Operating profit | ₹4.0 | +37.8% | +90.6% |
| Net profit | ₹3.1 | +80.4% | +125.8% |
| EPS (₹) | 0.39 | +69.6% | +129.4% |
| Operating margin | 14.7% | — | — |
RIR delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 14.72% of the RIR shares traded on NSE were taken to delivery, against the stock's own 20-session average of 32.14%. That is lower than usual for this stock. 13 bulk or block deals were reported in RIR in the last 60 days: ₹68 Cr bought and ₹87 Cr sold.
Delivery in the last 5 sessions: 41.2% · 32.5% · 41.1% · 20.8% · 14.7%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 16 Oct | Buy | Altab Usmanbhai Pathan | ₹8.03 Cr | ₹168.46 | 476,442 | Bulk |
| 16 Oct | Sell | Altab Usmanbhai Pathan | ₹8.03 Cr | ₹168.46 | 476,442 | Bulk |
| 30 Sep | Sell | Bhavna Harshad Mehta | ₹19.30 Cr | ₹193.02 | 1,000,000 | Bulk |
| 18 Sep | Sell | Nk Securities Research Private Limited | ₹14.41 Cr | ₹206.45 | 698,063 | Bulk |
| 18 Sep | Buy | Nk Securities Research Private Limited | ₹14.40 Cr | ₹206.29 | 698,063 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
RIR Power Electronics Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate from Registrar and Share Transfer Agent Adroit Corporate Services confirms that dematerialisation requests received during the quarter ended September 30, 2026, were processed and confirmed to depositories within 15 days. No material financial details or changes to operations were reported in the filing.
- Regulation 74(5) certificate submitted for the quarter ended 30th September, 2026
- Confirmation received from Registrar and Share Transfer Agent M/s. Adroit Corporate Services Pvt. Ltd.
- Securities certificates received were processed, mutilated, and registered within 15 days
RIR Power Electronics Limited announced the outcome and voting results of its 57th Annual General Meeting held on September 29, 2026. All eight resolutions were approved with requisite majorities, including the declaration of a ₹0.10 per equity share (face value ₹2) dividend for FY26. Shareholders also approved the appointment of Ramesh Kumar Narasinghbhan as Managing Director and CEO, along with independent director appointments and the continuation of Dr. Harshad Mehta as Chairman post age 75. A total of 4.99 crore votes were polled representing approximately 62.72% of outstanding shares.
- Declared dividend of ₹0.10 per equity share of face value ₹2 for FY26 passed with 99.72% votes in favor
- Appointed Ramesh Kumar Narasinghbhan as MD and CEO via special resolution with 99.72% overall votes in favor
- Approved continuation of Dr. Harshad Mehta as Non-Executive Chairman post age 75 with 97.31% votes in favor
- Total voter turnout stood at 62.72% across 7,95,72,400 total outstanding shares
- Public Non-Institutional shareholders showed significant dissent on director appointments, voting >65% against resolutions 3, 6, and 7
RIR Power Electronics has completed the erection and installation of Silicon Carbide (SiC) Epitaxial Wafer Manufacturing Reactors at its Bhubaneswar, Odisha facility. This installation is part of the company's planned ₹618 crore investment aimed at establishing India's first vertically integrated SiC semiconductor manufacturing ecosystem. Commercial production is slated to commence upon obtaining remaining statutory and regulatory approvals. The setup will produce SiC epitaxial wafers, power MOSFETs, diodes, and modules for high-growth sectors such as EVs, renewable energy, and defence.
- Completed installation of SiC Epitaxial Wafer Manufacturing Reactors at Bhubaneswar, Odisha on September 16, 2026
- Forms part of a planned ₹618 crore total investment in a vertically integrated SiC semiconductor facility
- Essential power connections, utilities, and supporting infrastructure are already commissioned
- Commercial production will start post completion of pending statutory and regulatory formalities
RIR Power Electronics has sent physical intimations under Regulation 36(1)(b) of SEBI LODR to shareholders whose email IDs are not registered, providing direct access links to the FY2025-26 Annual Report. The company's 57th Annual General Meeting is scheduled for September 29, 2026, at 4:30 PM IST via video conferencing. The cut-off date for e-voting and record date for final dividend is set for September 22, 2026, with remote e-voting running from September 26 to September 28, 2026.
- 57th Annual General Meeting scheduled for Tuesday, September 29, 2026 at 4:30 P.M. (IST)
- Record date for final dividend and cut-off date for e-voting fixed as September 22, 2026
- E-voting starts on September 26, 2026 at 9:00 a.m. and closes on September 28, 2026 at 5:00 p.m. (IST)
- Physical letters dispatched per SEBI Regulation 36(1)(b) containing exact URL path to the Annual Report
RIR Power Electronics Limited has fixed Tuesday, September 22, 2026, as the record date for determining shareholder eligibility for a final dividend of Rs 0.10 per equity share (face value Rs 2 each) for FY 2025-26. The dividend is subject to approval at the 57th Annual General Meeting scheduled for September 29, 2026. Upon approval, payment will be disbursed within 30 days. The remote e-voting period runs from September 26 to September 28, 2026.
- Final dividend of Rs 0.10 per equity share of face value Rs 2 for FY 2025-26
- Record date and e-voting cut-off date fixed as September 22, 2026
- 57th Annual General Meeting scheduled for September 29, 2026
- e-Voting window open from 9:00 AM on September 26, 2026, to 5:00 PM on September 28, 2026
- Dividend payment to be completed within 30 days post AGM approval
RIR Power Electronics reported a 29.3% YoY rise in Q1 FY27 revenue to ₹27.16 crore, with EBITDA at ₹3.98 crore and an 80.6% YoY growth in profit metrics (EPS at ₹0.39). The company provided key operational updates on its upcoming Odisha semiconductor facility, noting that clean room construction is finished, power is charged, and epitaxy operations are targeted to start by the end of Q2 FY27. Management highlighted a baseline target yield of ~85% for epitaxial wafers, targeting >90% long term. Additionally, trading on the NSE commenced on July 16, 2026, and the company secured an export order for 120 units of 125 mm 5 kV SCR thyristors.
- Q1 FY27 revenue grew 29.3% YoY to ₹27.16 crore, with EBITDA reaching ₹3.98 crore and EPS of ₹0.39
- Odisha facility Phase 1 (epitaxy and packaging) clean room completed; operations expected to begin by end of Q2 FY27
- Management targets initial wafer production yield of 85%, aiming to scale above 90%
- Secured an overseas order for 120 units of 125 mm 5 kV SCR thyristors for high-power applications
- Shares commenced trading on the National Stock Exchange (NSE) on July 16, 2026
RIR Power Electronics has approved the grant of 1,27,340 stock options to eligible employees under its ESOP 2025 plan. These options are convertible into an equal number of equity shares at an exercise price of Rs 2 per share, which is a significant discount to the current market price of Rs 171.0. The options will vest on August 13, 2027, and can be exercised within four years thereafter. This move is a standard incentive for employee retention but will lead to future equity dilution and non-cash compensation expenses.
- 1,27,340 stock options granted, convertible 1:1 into equity shares of Rs 2 face value.
- Exercise price set at Rs 2 per share, significantly below the current market price of Rs 171.0.
- Vesting period of 12 months from the grant date, concluding on August 13, 2027.
- Exercise period of 4 years allowed from the date of completion of vesting.
RIR Power Electronics has published the audio recording link for its Q1 FY2026-27 earnings conference call held on August 13, 2026. This disclosure is a procedural requirement under SEBI Listing Regulations 30 and 46. The recording provides management's detailed commentary on the company's performance for the quarter ended June 2026. Investors can access the link to understand the underlying drivers of the quarterly results and future guidance.
- Earnings conference call conducted on August 13, 2026
- Recording pertains to the Q1 FY2026-27 financial results
- Disclosure made in compliance with SEBI Regulation 30 and 46
- Audio link provided via a third-party reservation service URL
RIR Power Electronics delivered a robust Q1 FY27, with revenue growing 29.3% YoY to ₹27.16 crore. Profitability surged as PAT increased 80.6% YoY to ₹3.14 crore, supported by a 357 bps expansion in Adjusted EBITDA margins to 17.32%. The quarter was marked by the company's listing on the NSE on July 16, 2026, and the receipt of its first international order for 120 thyristor units. Management is pivoting toward high-growth Silicon Carbide (SiC) semiconductor technology for railways and EV sectors.
- Revenue grew 29.28% YoY to ₹27.16 crore and 13.42% sequentially from Q4 FY26.
- PAT increased 80.59% YoY to ₹3.14 crore, with PAT margins improving from 8.14% to 11.23%.
- Adjusted EBITDA (excluding ESOPs) rose 62.87% YoY to ₹4.71 crore.
- Secured first overseas order for 120 units of 125 mm 5kV SCR thyristors.
- Commenced trading on the National Stock Exchange (NSE) on July 16, 2026.
RIR Power Electronics reported a strong performance for Q1 FY27, with revenue from operations growing 32.1% YoY to ₹27.76 Cr. Net profit saw a significant jump of 80.6% YoY, reaching ₹3.14 Cr compared to ₹1.74 Cr in the same period last year. The company also announced key leadership changes, elevating Ankit Shah to Chief Financial Officer and appointing Vivek Satishbhai Patel as an Independent Director for a five-year term. The results indicate improved operational efficiency with Profit Before Tax rising to ₹4.15 Cr from ₹2.57 Cr YoY.
- Revenue from operations increased 32.1% YoY to ₹2,776.37 Lakhs from ₹2,101.13 Lakhs.
- Net Profit (PAT) grew 80.6% YoY to ₹313.82 Lakhs from ₹173.77 Lakhs.
- Earnings Per Share (EPS) improved to ₹0.39 from ₹0.23 in the corresponding previous quarter.
- Total expenses for the quarter stood at ₹2,378.36 Lakhs, up from ₹1,878.24 Lakhs YoY.
- Appointment of Mr. Vivek Satishbhai Patel as Independent Director for an initial term of 5 years effective August 10, 2026.
RIR Power Electronics Limited has scheduled its earnings conference call for Thursday, August 13, 2026, at 11:00 AM IST. The call is intended to discuss the company's financial performance for the quarter ended June 30, 2026. Senior management, including the Non-Executive Chairman and the MD & CEO, will be participating. This is a standard procedural disclosure following the end of the first quarter of the fiscal year.
- Earnings call scheduled for August 13, 2026, at 11:00 a.m. IST
- Focus on financial performance for the quarter ended June 30, 2026
- Participation from top management including Dr. Harshad Mehta (Chairman) and Mr. N. Ramesh Kumar (CEO)
- Dial-in details provided for domestic and international (HK, Singapore, UK, USA) participants
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