Hirect

Which are the latest news on Hirect?

Why is Hind Rectifiers Ltd falling/rising?

As of 05-Sep, Hirect Ltd's stock price is at 1,223.00, down 1.26%. The decline is due to underperformance against its sector, decreased delivery volume, and recent short-term losses, despite strong long-term growth.

As of 05-Sep, Hirect Ltd's stock price is currently at 1,223.00, reflecting a decrease of 15.6 points, or 1.26%. This decline can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed its sector today by 2.06%, indicating weaker performance compared to its peers. Additionally, the stock's delivery volume has significantly decreased, with a 43.25% drop in delivery volume on September 3 compared to the five-day average, suggesting a decline in investor participation and interest. <BR><BR>While the stock has shown impressive long-term growth, with a year-to-date increase of 61.85% and a one-year return of 52.75%, recent performance over shorter periods has been less favorable, with a 7.46% decline over the past month. This short-term underperformance relative to the benchmark, which has only declined by 2.44% in the same timeframe, may also contribute to the current downward pressure on the stock price.<BR><BR>Despite these challenges, the company maintains high management efficiency and healthy long-term growth prospects, but the immediate market dynamics appear to be influencing a downward trend in the stock price.

Who are in the management team of Hirect?

The management team of Hirect includes Suramya Nevatia (Managing Director & CEO), Akshada Nevatia (Executive Director), and several independent directors, including Pradeep V Goyal (Chairman), V K Bhartia, Parimal Merchant, Vandan Shah, and Ashlesha Bodas, along with Meenakshi Anchlia as Company Secretary. This diverse team provides strong leadership and oversight for the company.

The management team of Hirect includes the following key individuals:<BR><BR>1. **Suramya Nevatia** - Managing Director & CEO<BR>2. **Akshada Nevatia** - Executive Director<BR>3. **Pawan Kumar Golyan** - Director<BR>4. **Pradeep V Goyal** - Chairman & Independent Director<BR>5. **V K Bhartia** - Independent Director<BR>6. **Parimal Merchant** - Independent Director<BR>7. **Vandan Shah** - Independent Director<BR>8. **Ashlesha Bodas** - Independent Director<BR>9. **Meenakshi Anchlia** - Company Secretary & Compliance Officer<BR><BR>This diverse team brings a mix of leadership and independent oversight to the company.

What does Hirect do?

Hirect Ltd is a small-cap manufacturer of rectifier equipment and semiconductor devices, primarily for the railway sector, with net sales of 258 Cr and a net profit of 9 Cr as of June 2026. The company has a market cap of INR 4,322 Cr and key metrics include a P/E ratio of 106.00 and a dividend yield of 0.11%.

Overview: <BR>Hirect Ltd is a leading manufacturer of rectifier equipment and semiconductor devices in the industrial manufacturing sector, categorized as a small-cap company.<BR><BR>History: <BR>Hirect was incorporated in April 1958 and has maintained its status as a manufacturer of products used for railways, AC electric locomotives, and AC electrical multiple units. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 258 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 9 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 4,322 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 106.00 <BR>Industry P/E: 56 <BR>Dividend Yield: 0.11% <BR>Debt-Equity: 1.15 <BR>Return on Equity: 22.29% <BR>Price to Book: 21.13<BR><BR>Contact Details: <BR>Address: Lake Road, Bhandup (W) Mumbai Maharashtra : 400078 <BR>Tel: 91-22-25696789 <BR>Email: corporate@hirect.com <BR>Website: http://www.hirect.com

Who are the peers of the Hirect?

Hirect's peers include Centum Electron, GMM Pfaudler, Texmaco Rail, DEE Development, WPIL, Pitti Engg., John Cockerill, Shanthi Gears, and The Anup Enginee. Hirect has good management risk and excellent growth, with a 1-year return of 61.99%, while DEE Development leads with 120.56% return.

Peers: The peers of Hirect are Centum Electron, GMM Pfaudler, Texmaco Rail, DEE Development, WPIL, Pitti Engg., John Cockerill, Shanthi Gears, The Anup Enginee.<BR><BR>Quality Snapshot: Excellent management risk is observed at GMM Pfaudler, Pitti Engg., and The Anup Enginee, while Good management risk is found at Hirect, while Average management risk is present at Centum Electron, Texmaco Rail, WPIL, John Cockerill, and Shanthi Gears, and the rest. Growth is Excellent at DEE Development and Hirect, Good at GMM Pfaudler and Pitti Engg., while Below Average growth is noted at Centum Electron, Texmaco Rail, WPIL, John Cockerill, Shanthi Gears, and The Anup Enginee, and the rest. Average capital structure is seen at Centum Electron, Pitti Engg., and John Cockerill, while Below Average capital structure is present at Texmaco Rail, DEE Development, Hirect, and WPIL, and the rest, while Excellent capital structure is noted at GMM Pfaudler, Shanthi Gears, and The Anup Enginee.<BR><BR>Return Snapshot: The peer with the highest 1-year return is DEE Development at 120.56%, while the lowest is Texmaco Rail at -20.45%. Hirect's 1-year return is 61.99%, which is significantly higher than Texmaco Rail but lower than DEE Development. Additionally, WPIL, The Anup Enginee, and Texmaco Rail have negative six-month returns.

How big is Hirect?

As of 31st August, Hirect Ltd has a market capitalization of 4,322.00 Cr, with net sales of 1,042.81 Cr and a net profit of 41.35 Cr reported in the latest four quarters. Shareholder's funds were 208.57 Cr and total assets were 662.07 Cr for the annual period ending in March 2026.

As of 31st August, Hirect Ltd has a market capitalization of 4,322.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Hirect reported net sales of 1,042.81 Cr and a net profit of 41.35 Cr.<BR><BR>For the latest annual period ending in March 2026, Hirect's shareholder's funds amounted to 208.57 Cr, while total assets were reported at 662.07 Cr.

Should I buy, sell or hold Hind Rectifiers Ltd?

When is the next results date for Hind Rectifiers Ltd?

The next results date for Hind Rectifiers Ltd is 11 August 2026.

The next results date for Hind Rectifiers Ltd is scheduled for 11 August 2026.

Are Hind Rectifiers Ltd latest results good or bad?

Hind Rectifiers Ltd's latest Q4 FY26 results show strong net sales growth of 51.21% to ₹279.82 crores, but the company reported a net loss of ₹1.59 crores and a significant decline in operating margins, indicating serious concerns about profitability and cost management. Overall, the results are considered bad, with the company currently rated in "SELL" territory.

Hind Rectifiers Ltd's latest results for Q4 FY26 indicate a challenging financial situation. While the company achieved record net sales of ₹279.82 crores, reflecting a strong year-on-year growth of 51.21%, it faced a significant net loss of ₹1.59 crores. This represents a dramatic decline in profitability, with a year-on-year drop of 115.92% and a quarter-on-quarter decline of 112.52%.<BR><BR>The operating margin also suffered, collapsing to 3.01% from 10.75% a year earlier, marking the lowest level in recent history. This deterioration in margins was primarily driven by a substantial increase in employee costs, which surged by 126.37% compared to the same quarter last year.<BR><BR>Overall, while the revenue growth is a positive sign, the severe drop in profitability and margins raises serious concerns about the company's operational efficiency and cost management. The financial trend has turned negative, and the company is currently rated in "SELL" territory, reflecting these issues. Therefore, the latest results can be characterized as bad, particularly in terms of profitability and margin sustainability.

What is the bonus history of Hind Rectifiers?

Hind Rectifiers has issued bonuses twice, with the most recent being a 1:1 bonus announced for March 27, 2026, and a previous 1:1 bonus on October 6, 2008. This reflects the company's practice of rewarding shareholders with bonus shares.

Hind Rectifiers has a history of issuing bonuses, with two notable instances. The most recent bonus was a 1:1 issue announced with an ex-date of March 27, 2026. Before that, the company also issued a 1:1 bonus on October 6, 2008, with a record date of October 7, 2008. This indicates that Hind Rectifiers has a practice of rewarding its shareholders through bonus shares.

Is Hind Rectifiers technically bullish or bearish?

As of November 26, 2025, Hind Rectifiers shows a mildly bullish trend driven by daily moving averages, but caution is advised due to mixed signals from weekly indicators and bearish momentum.

As of 26 November 2025, the technical trend for Hind Rectifiers has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. The Bollinger Bands show a mildly bearish signal on the weekly chart but are mildly bullish on the monthly chart, indicating mixed signals across different time frames. Overall, while there are bullish indicators, the presence of bearish signals in the weekly analysis suggests a cautious approach.

How has been the historical performance of Hind Rectifiers?

Hind Rectifiers experienced significant financial growth from March 2024 to March 2025, with net sales rising to 655.37 crore and profit after tax increasing to 37.11 crore, resulting in an EPS of 21.64. The company also improved its operating profit margin to 10.73% and profit after tax margin to 5.66%.

Answer:<BR>The historical performance of Hind Rectifiers shows significant growth in various financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>Hind Rectifiers reported net sales of 655.37 crore in March 2025, an increase from 517.55 crore in March 2024. Total operating income also rose to 655.37 crore from 517.55 crore, with raw material costs increasing to 501.11 crore from 381.56 crore. The total expenditure, excluding depreciation, grew to 585.05 crore from 473.31 crore. Operating profit (PBDIT) increased to 71.80 crore from 44.85 crore, while profit before tax surged to 50.11 crore from 17.69 crore. Consequently, profit after tax rose to 37.11 crore from 12.51 crore, leading to an earnings per share (EPS) of 21.64, up from 7.29. The operating profit margin improved to 10.73% from 8.55%, and the profit after tax margin increased to 5.66% from 2.42%. On the balance sheet, total liabilities increased to 417.29 crore from 328.92 crore, with total assets also rising to 417.29 crore from 328.92 crore. Cash flow from operating activities showed a slight increase to 35.00 crore from 33.00 crore, while cash flow from investing activities worsened to -25.00 crore from -19.00 crore. Overall, Hind Rectifiers demonstrated strong financial growth and improved profitability over the year.

Is Hind Rectifiers overvalued or undervalued?

As of November 7, 2025, Hind Rectifiers is considered overvalued with a PE ratio of 62.63, significantly higher than peers like Genus Power at 23.43, despite a strong year-to-date return of 25.12%, indicating its current price of 1739.15 is not justified.

As of 7 November 2025, Hind Rectifiers has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued, with a PE ratio of 62.63, an EV to EBIT of 58.52, and an EV to EBITDA of 51.92. In comparison to peers, Hind Rectifiers' PE ratio is significantly higher than Genus Power, which has a PE of 23.43, indicating a stark valuation discrepancy.<BR><BR>Despite its recent stock performance, which has outpaced the Sensex with a year-to-date return of 25.12% compared to the Sensex's 6.50%, the elevated valuation ratios suggest that the stock is not justified at its current price of 1739.15. Other peers like Kaynes Tech and Honeywell Auto are also classified as very expensive, further emphasizing the high valuation of Hind Rectifiers within its industry.

Who are the top shareholders of the Hind Rectifiers?

The top shareholders of Hind Rectifiers include promoter Saurabh Nevatia with 21.02%, individual investors with 29.42%, and 9 Foreign Institutional Investors holding 6.03%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Hind Rectifiers include Saurabh Nevatia, who is the promoter with the highest holding at 21.02%. Additionally, individual investors collectively hold 29.42% of the shares. The company also has 9 Foreign Institutional Investors (FIIs) holding a total of 6.03%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company. Btr Industries Ltd is mentioned as the highest public shareholder, but they hold 0%.

Has Hind Rectifiers declared dividend?

Hind Rectifiers Ltd has declared a 60% dividend, amounting to ₹1.2 per share, with an ex-date of July 25, 2024. While the company has shown significant long-term price appreciation, the dividend yield is low at 0.09%.

Hind Rectifiers Ltd has declared a 60% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 60%<BR>- Amount per share: 1.2<BR>- Ex-date: Jul-25-2024<BR><BR>Dividend Yield: 0.09%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -9.31%, with no dividend return, resulting in a total return of -9.31%.<BR><BR>Over the past year, the price return was 102.4%, with a dividend return of 0.17%, leading to a total return of 102.57%.<BR><BR>In the 2-year period, the price return was 349.13%, with a dividend return of 0.41%, resulting in a total return of 349.54%.<BR><BR>For the last 3 years, the price return was 627.52%, with a dividend return of 0.98%, culminating in a total return of 628.5%.<BR><BR>In the 4-year period, the price return was 792.09%, with a dividend return of 1.28%, leading to a total return of 793.37%.<BR><BR>Over the past 5 years, the price return was 934.19%, with a dividend return of 2.21%, resulting in a total return of 936.4%.<BR><BR>Overall, Hind Rectifiers has declared a dividend, and while the recent total returns show significant growth over longer periods, the short-term performance has been negative. The dividend yield remains low, indicating that while the company is rewarding shareholders, the returns from dividends are modest compared to price appreciation.