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Hind Rectifiers Ltd

Hind Rectifiers Ltd

HIRECT Share Price

NSE
1,433.300.42% (-6.10)
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With a market cap of ₹2,462 cr, stock is ranked 1,030

Stock is 4.48x as volatile as Nifty

HIRECT Stock Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹2,462 cr, stock is ranked 1,030

Stock is 4.48x as volatile as Nifty

HIRECT Performance & Key Metrics

HIRECT Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
49.1115.410.14%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
40.395.970.68%

HIRECT Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

HIRECT Company Profile

Hind Rectifiers Limited is engaged in developing, designing, manufacturing and marketing power semiconductor, power electronic equipment and railway transportation equipment.

Investor Presentation

View older View older 

Feb 11, 2026

PDF
View Older Presentations

HIRECT Similar Stocks (Peers)

Compare with peers Compare with peers 

HIRECT Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
55.37
55.37
1Y Return
51.38%
51.38%
Buy Reco %
82.76
82.76
PE Ratio
58.18
58.18
1Y Return
7.11%
7.11%
Buy Reco %
69.70
69.70
PE Ratio
45.29
45.29
1Y Return
68.47%
68.47%
Buy Reco %
100.00
100.00
PE Ratio
85.12
85.12
1Y Return
13.17%
13.17%
Buy Reco %
73.68
73.68
PE Ratio
43.80
43.80
1Y Return
5.34%
5.34%
Buy Reco %
93.33
93.33
Compare with Peers

HIRECT Sentiment Analysis

HIRECT Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

HIRECT Stock Summary · February 2026

In Q3 FY26, the company demonstrated impressive revenue growth of 64.2% year-on-year, driven by strong demand, particularly in the railway sector, despite facing challenges from rising input costs and supply chain disruptions that affected EBITDA margins. A robust order book of INR 1,103 crores reflects ongoing demand, while strategic investments in manufacturing and R&D are set to enhance capabilities and foster innovation, with around 40 products in development. Although the integration of the BeLink subsidiary is gradual and currently loss-making, it holds potential for future profitability. The company remains optimistic about a 30% growth in revenue and order book, supported by increased government allocations and a proactive approach to capital expenditures, particularly in the defense and high-speed rail sectors.

HIRECT Stock Growth Drivers
HIRECT Stock Growth Drivers
7
  • Strong Operational Performance

    Hind Rectifiers Limited reported a robust operational performance in Q3 FY '26, with a high

  • Record Capital Expenditure and Favorable Demand Environment

    The recent union budget allocated a record capital expenditure of INR 2.93 lakh crores to

HIRECT Stock Challenges
HIRECT Stock Challenges
5
  • Decreased EBITDA Margin

    The company reported a decrease in its EBITDA margin by 120 basis points, attributed to

  • Loss-Making European Subsidiary

    The European subsidiary of the company remains loss-making and is expected to continue in this

HIRECT Forecast

HIRECT Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

HIRECT

HIRECT

Income

Balance Sheet

Cash Flow

HIRECT Income Statement

HIRECT Income Statement

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Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue136.71151.74136.03165.98169.45185.39215.00227.27277.60
Operating & Other expensessubtract130.13137.86121.05147.54151.32165.15190.55201.26253.13
Depreciation/Amortizationsubtract2.022.002.012.112.152.222.732.814.45
Interest & Other Itemssubtract3.234.133.263.402.524.023.623.564.71
Taxes & Other Itemssubtract-0.192.622.792.743.454.025.344.922.62
EPS0.892.994.045.955.845.837.448.587.58

HIRECT Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Feb 11PDF
Nov 6PDF
Nov 3PDF
Jul 29PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 5PDF
Feb 3PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF

Investor Presentation

Mar 10PDF
 

HIRECT Stock Peers

HIRECT Past Performance & Peer Comparison

HIRECT Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Hind Rectifiers Ltd66.3715.410.14%
Polycab India Ltd55.3711.290.47%
Havells India Ltd58.1810.270.73%
Apar Industries Ltd45.298.260.55%

HIRECT Stock Price Comparison

Compare HIRECT with any stock or ETF
Compare HIRECT with any stock or ETF
HIRECT
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HIRECT Holdings

HIRECT Shareholdings

HIRECT Promoter Holdings Trend

HIRECT Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HIRECT Institutional Holdings Trend

HIRECT Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HIRECT Shareholding Pattern

HIRECT Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding43.93%0.00%0.13%6.21%49.73%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

HIRECT Shareholding History

HIRECT Shareholding History

SepDec '24MarJunSepDec '255.97%6.28%6.03%6.30%6.64%6.21%

HIRECT Insider Trades & Bulk Stock Deals

HIRECT Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing HIRECT stock

smallcases containing HIRECT stock

Looks like this stock is not in any smallcase yet.

HIRECT Events

HIRECT Events

HIRECT Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

HIRECT Dividend Trend

No dividend trend available

HIRECT Upcoming Dividends

HIRECT Upcoming Dividends

No upcoming dividends are available

HIRECT Past Dividends

HIRECT Past Dividends

Cash Dividend

Ex DateEx DateJul 22, 2025

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Jul 22, 2025

Cash Dividend

Ex DateEx DateJul 25, 2024

Final
Final | Div/Share: ₹1.20

Dividend/Share

1.20

Ex DateEx Date

Jul 25, 2024

Cash Dividend

Ex DateEx DateAug 1, 2022

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Aug 1, 2022

Cash Dividend

Ex DateEx DateAug 4, 2021

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Aug 4, 2021

Cash Dividend

Ex DateEx DateSep 7, 2020

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Sep 7, 2020

HIRECT Stock News & Opinions

HIRECT Stock News & Opinions

Earnings
Hind Rectifiers consolidated net profit rises 26.87% in the December 2025 quarter

Net profit of Hind Rectifiers rose 26.87% to Rs 12.70 crore in the quarter ended December 2025 as against Rs 10.01 crore during the previous quarter ended December 2024. Sales rose 64.19% to Rs 277.39 crore in the quarter ended December 2025 as against Rs 168.94 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales277.39168.94 64 OPM %9.2110.44 - PBDT21.0515.61 35 PBT16.6013.46 23 NP12.7010.01 27 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Board of Hind Rectifiers approves investment of Rs 90 cr in Coincade Studio

The board of Hind Rectifiers at its meeting held on 11 February 2026 has approved an investment of Rs 90 lakh by way of subscription to equity shares of Coincade Studio, a subsidiary of the company in one or more tranches. Pursuant to the said investment, the paid-up equity share capital of Coincade will increase from Rs 10 lakh to Rs 1 crore. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Board of Hind Rectifiers approves bonus issue of 1:1

The board of Hind Rectifiers at its meeting held on 11 January 2026 has approved issuance of bonus shares in ratio of 1:1. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Hind Rectifiers schedules board meeting

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Hind Rectifiers consolidated net profit rises 44.46% in the September 2025 quarter

Net profit of Hind Rectifiers rose 44.46% to Rs 14.72 crore in the quarter ended September 2025 as against Rs 10.19 crore during the previous quarter ended September 2024. Sales rose 36.96% to Rs 227.15 crore in the quarter ended September 2025 as against Rs 165.85 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales227.15165.85 37 OPM %11.3911.04 - PBDT22.4515.04 49 PBT19.6412.93 52 NP14.7210.19 44 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Hind Rectifiers concludes backward integration project at Sinnar plant

Hind Rectifiers announce the successful completion of its backward integration project and commencement of commercial production of critical and highly specialised Copper Conductors within the Company's Sinnar plant. The project focuses on the in-house manufacturing of Continuously Transposed Conductors (CTC), Enamelled Paper Insulated Copper Conductor (EPICC), and Paper Insulated Copper Conductor (PICC) which are critical raw materials for the production of traction transformers. The total capex incurred was Rs 56 crore, which had been funded through the balance mix of term loans and the internal accruals.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Hind Rectifiers commences commercial production at its Sinnar unit

Hind Rectifiers announced that commercial production at its Sinnar facility have now commenced from 3 November 2025. The plant is established for manufacturing Continuously Transposed Conductors (CTC), Enamelled Paper Insulated Copper Conductors (EPICC) and Paper Insulated Copper Conductors (PICC). This will help to enhance operational efficiency by streamlining the supply chain, reducing dependence on external vendors, ensuring timely delivery of products, strengthening the Company's business, optimising cost, and improving margins. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Hind Rectifiers announces board meeting date

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 6 November 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Hind Rectifiers strengthens its presence in Europe

Hind Rectifiers announced has acquired BeLink Solutions, a France-based Robotics, EMS and Electronics R&D company with 38 years of experience in the electronics industry. This acquisition provides Hind Rectifiers with a strategic manufacturing hub in Europe, strengthening its global presence. Commenting on the acquisitions, Suramya Nevatia, Chairman, Managing Director & CEO of Hind Rectifiers Limited, said: 'The acquisition of BeLink Solutions marks a decisive step for Hirect. It gives us not only a strong base in Europe but also the ability to combine advanced production capabilities with deep R&D in robotics. With BeLink's sophisticated infrastructure and Hirect's expertise in Power Electronics we can deliver at scale while also pushing the boundaries of future ready innovation. This dual strength ' operations excellence and technology leadership ' is what will drive our growth in mobility, energy, and industrial markets worldwide. This is more than an acquisition; it is the cornerstone of our global strategy to build, innovate, and lead in advanced electronics.' Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Hind Rectifiers receives upgrade in credit ratings from CRISIL

Hind Rectifiers announced that CRISIL Ratings has upgraded the credit rating assigned to bank loan facilities of Rs 228.9 crore to CRISIL BBB+; Stable/ CRISIL A2 from CRISIL BBB; Stable/ CRISIL A3+. Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Hind Rectifiers Ltd (HIRECT) today?

    The share price of HIRECT as on 11th March 2026 is ₹1433.30. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Hind Rectifiers Ltd (HIRECT) share?

    The past returns of Hind Rectifiers Ltd (HIRECT) share are
    • Past 1 week: 8.00%
    • Past 1 month: -1.55%
    • Past 3 months: -1.33%
    • Past 6 months: -15.07%
    • Past 1 year: 65.35%
    • Past 3 years: 564.95%
    • Past 5 years: 939.00%

  3. What are the peers or stocks similar to Hind Rectifiers Ltd (HIRECT)?
  4. What is the dividend yield % of Hind Rectifiers Ltd (HIRECT) share?

    The current dividend yield of Hind Rectifiers Ltd (HIRECT) is 0.14.

  5. What is the market cap of Hind Rectifiers Ltd (HIRECT) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Hind Rectifiers Ltd (HIRECT) is ₹2462.96 Cr as of 11th March 2026.

  6. What is the 52 week high and low of Hind Rectifiers Ltd (HIRECT) share?

    The 52-week high of Hind Rectifiers Ltd (HIRECT) is ₹2108.50 and the 52-week low is ₹799.

  7. What is the PE and PB ratio of Hind Rectifiers Ltd (HIRECT) stock?

    The P/E (price-to-earnings) ratio of Hind Rectifiers Ltd (HIRECT) is 66.37. The P/B (price-to-book) ratio is 15.41.

  8. Which sector does Hind Rectifiers Ltd (HIRECT) belong to?

    Hind Rectifiers Ltd (HIRECT) belongs to the Industrials sector & Electrical Components & Equipments sub-sector.

  9. How to buy Hind Rectifiers Ltd (HIRECT) shares?

    You can directly buy Hind Rectifiers Ltd (HIRECT) shares on Tickertape. Simply sign up, connect your demat account and place your order.