RIR Power Electronics Ltd

The company stated that the expansion of production was made possible through a strategic collaboration with a contract fab at Pro Asia Semiconductor Corporation (PASC), Taiwan and by leveraging technology IP that RIR Power had acquired from Sicamore Semi, USA. The product portfolio includes 1200V Schottky Barrier Diodes (SBDs) ranging from 2 amps to 60 amps, addressing the most common ratings used across multiple applications and markets globally. The company further said that it has already secured purchase orders for the said diodes from Richardson Electronics (USA) and Ankit Plastics (India), both key suppliers to the commercial, industrial and defence sectors. Besides being able to serve existing domestic Indian and the USA customers, shipping from Taiwan would provide RIR Power Electronics improved access to strategic high-growth markets for SiC devices in the South East Asian region. Dr. Harshad Mehta, chairman & director, RIR Power Electronics, said: 'This achievement marks a significant leap for RIR's power electronics manufacturing capabilities and helps to expedite the ramp up and shipment of SiC devices on 6-Inch wafers from RIR's proposed Odisha Fab. By successfully scaling up world-class SiC technology, RIR Power is positioned to serve global high-growth markets including automotive, industrial, renewable energy, and defence, while strengthening the domestic semiconductor ecosystem.' RIR Power Electronics is a global pioneer in high-power semiconductor solutions. Its product portfolio comprises of high-performance semiconductor devices, assemblies, and energy management systems. The company's consolidated net profit declined 12.59% to Rs 2.43 crore despite a 22.67% increase in net sales to Rs 26.46 crore in Q4 FY25 as compared with Q4 FY24. Powered by Capital Market - Live

RIR Power Electronics announced the successful production expansion and shipment of 1200V SiC diodes from Taiwan. This milestone was achieved through a strategic collaboration with a contract fab at Pro Asia Semiconductor Corporation (PASC), Taiwan and by leveraging technology IP that RIR Power had acquired from Sicamore Semi, USA. The product portfolio includes 1200V Schottky Barrier Diodes (SBDs) ranging from 2 amps to 60 amps, addressing the most common ratings used across multiple applications and markets globally. Besides serving existing domestic Indian and the USA customers, shipping from Taiwan also provides improved access to strategic high-growth markets for SiC devices in the South East Asian region. RIR Power's SiC technology and portfolio are the result of a comprehensive technology transfer agreement signed with Sicamore Semi on October 17, 2024. The agreement granted RIR Power exclusive rights to manufacture, market and commercialize SiC diodes, Metal Oxide Silicon Field Effect Transistors (MOSFETs) and Insulated Gated Bipolar Transistors (IGBTs) using Sicamore's proven IP and process knowhow. Originally developed for 4-inch wafers, the technology has been successfully adapted for 6-inch wafer production. The scale-up was achieved with technical support from Vortex Semi, USA and PASC. The 1200V SiC diodes, produced at PASC's state-of-the-art fabrication facility in Taiwan, have been shipped to India and validated to meet global industry standards. RIR Power has already secured purchase orders from Richardson Electronics (USA) and Ankit Plastics (India), both key suppliers to the commercial, industrial and defence sectors. 'This achievement marks a significant leap for RIR's power electronics manufacturing capabilities and helps to expedite the ramp up and shipment of SiC devices on 6-Inch wafers from RIR's proposed Odisha Fab,' said Dr. Harshad Mehta, Chairman & Director, RIR Power Electronics Ltd. 'By successfully scaling up world-class SiC technology, RIR Power is positioned to serve global high-growth markets including automotive, industrial, renewable energy, and defence, while strengthening the domestic semiconductor ecosystem.' This achievement aligns with India's Make in India initiative, reinforcing the nation's semiconductor supply chain and reducing reliance on imports for critical defence technologies. RIR Power's new SiC semiconductor facility in Odisha, with a strategic investment of ₹618 crore, is set to further enhance India's indigenous manufacturing capabilities, generate employment, and support the country's ambition to emerge as a global leader in advanced commercial, industrial and defence electronics. Powered by Capital Market - Live

RIR Power Electronics announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of RIR Power Electronics declined 12.59% to Rs 2.43 crore in the quarter ended March 2025 as against Rs 2.78 crore during the previous quarter ended March 2024. Sales rose 22.67% to Rs 26.46 crore in the quarter ended March 2025 as against Rs 21.57 crore during the previous quarter ended March 2024. For the full year,net profit rose 8.53% to Rs 7.63 crore in the year ended March 2025 as against Rs 7.03 crore during the previous year ended March 2024. Sales rose 29.13% to Rs 86.21 crore in the year ended March 2025 as against Rs 66.76 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales26.4621.57 23 86.2166.76 29 OPM %13.0018.27 -12.9714.81 - PBDT3.504.16 -16 11.3410.58 7 PBT3.223.88 -17 10.379.51 9 NP2.432.78 -13 7.637.03 9 Powered by Capital Market - Live

RIR Power Electronics will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

The Board of RIR Power Electronics will meet on 29 May 2025 to consider proposal for issue of bonus shares and stock split. Powered by Capital Market - Live

RIR Power Electronics announced the appointment of Perry Schugart as Global Marketing and Business Development Executive. Schugart brings decades of experience in driving growth strategies, maximizing profitability and building sustainable competitive advantages across SMEs and Global 500 companies. His career is marked by remarkable achievements, including driving consistent revenue growth, achieving higher product margins and securing orders valued at over $500 million. Powered by Capital Market - Live

RIR Power Electronics is on track to establish India's First Silicon Carbide (SiC) Semiconductor production facility in Odisha, with the production of Epitaxy Wafer as part of phase 1 production expected to commence by December 2025. This strategic investment of Rs 618 crore to produce high power SiC devices marks a landmark achievement in advancing India's semiconductor industry and strengthening domestic manufacturing capabilities under the Make in India Initiative to produce high power Mosfets and Diodes from 3.3KV to 20KV. The next generation SiC semiconductor facility will focus on manufacturing critical components for electric vehicles, renewable energy systems, power electronics and industrial automation applications. The superior technology of SiC semiconductors provides durability alongside high efficiency to transform power applications, which results in enhanced energy efficiency and operational performance throughout various industries. Powered by Capital Market - Live

Net profit of RIR Power Electronics rose 32.14% to Rs 1.48 crore in the quarter ended December 2024 as against Rs 1.12 crore during the previous quarter ended December 2023. Sales rose 35.08% to Rs 19.87 crore in the quarter ended December 2024 as against Rs 14.71 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales19.8714.71 35 OPM %10.6710.54 - PBDT2.251.48 52 PBT1.921.21 59 NP1.481.12 32 Powered by Capital Market - Live

RIR Power Electronics will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live