Hind Rectifiers

Why is Hind Rectifiers Ltd falling/rising?

As of 11-Aug, Hind Rectifiers Ltd's stock price is Rs 1,224.60, down 5.1% and part of a broader decline of 6.77% over the last two days. Despite a strong long-term performance, recent volatility and decreased investor participation are contributing to the stock's current downward trend.

As of 11-Aug, Hind Rectifiers Ltd's stock price is falling, currently at Rs 1,224.60, which reflects a decrease of Rs 65.75 or 5.1%. This decline is part of a broader trend, as the stock has been losing value for the last two days, resulting in a total drop of 6.77% during this period. Additionally, the stock has underperformed its sector by 4.85% today.<BR><BR>The stock's performance over the past week shows a significant decline of 7.34%, contrasting sharply with its positive performance over the past month, where it gained 16.18%. However, the recent volatility is notable, with an intraday volatility of 7.61% and the stock touching a low of Rs 1,169.95, which is a 9.33% drop from its previous levels.<BR><BR>Investor participation appears to be decreasing, as evidenced by a delivery volume of 36.21k on August 10, which is down by 18.52% compared to the five-day average. This decline in trading activity may contribute to the stock's falling price, as lower participation can lead to reduced demand.<BR><BR>Despite these short-term challenges, it is worth noting that Hind Rectifiers Ltd has shown strong long-term performance, with a year-to-date increase of 62.06% and a remarkable 628.93% rise over the past three years. However, the current downward trend indicates that investors are reacting to recent performance and volatility rather than the company's overall growth potential.

Should I buy, sell or hold Hind Rectifiers Ltd?

Which are the latest news on Hind Rectifiers?

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.

How big is Hind Rectifiers?

As of 10th June, Hind Rectifiers Ltd has a market capitalization of 3,740.00 Cr, with recent net sales of 999.13 Cr and a net profit of 38.60 Cr.

As of 10th June, Hind Rectifiers Ltd has a market capitalization of 3,740.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 999.13 Cr and a Net Profit of 38.60 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 159.87 Cr and Total Assets of 417.29 Cr.

Who are in the management team of Hind Rectifiers?

The management team of Hind Rectifiers includes Suramya Nevatia (Managing Director & CEO), Akshada Nevatia (Executive Director), and several independent directors, with Pradeep V Goyal serving as Chairman. Meenakshi Anchlia is the Company Secretary & Compliance Officer.

The management team of Hind Rectifiers 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 team brings a diverse range of expertise to the company, contributing to its strategic direction and governance.

Who are the peers of the Hind Rectifiers?

Peers of Hind Rectifiers include John Cockerill, Centum Electron, DEE Development, Texmaco Rail, WPIL, The Anup Enginee, Pitti Engg., Cyient DLM, GMM Pfaudler, and Marine Electric. DEE Development leads in 1-year returns at 128.93%, while Hind Rectifiers has a return of 71.77%.

Peers: The peers of Hind Rectifiers are John Cockerill, Centum Electron, DEE Development, Texmaco Rail, WPIL, The Anup Enginee, Pitti Engg., Cyient DLM, GMM Pfaudler, and Marine Electric.<BR><BR>Quality Snapshot: Excellent management risk is observed at DEE Development, The Anup Enginee, and Pitti Engg., while Average management risk is found at John Cockerill, Centum Electron, Texmaco Rail, WPIL, Hind Rectifiers, Cyient DLM, and Marine Electric. Good management risk is noted at GMM Pfaudler. For growth, Excellent growth is seen at DEE Development and Texmaco Rail, while Hind Rectifiers and the rest have Average growth. Below Average growth is present at John Cockerill, Centum Electron, WPIL, The Anup Enginee, Pitti Engg., Cyient DLM, and GMM Pfaudler. In terms of Capital Structure, Good capital structure is found at John Cockerill and Cyient DLM, while Hind Rectifiers and the rest have Below Average capital structure, and Excellent capital structure is noted at WPIL and The Anup Enginee.<BR><BR>Return Snapshot: The peer with the highest 1-year return is DEE Development at 128.93%, while the lowest is Texmaco Rail at -43.47%. Hind Rectifiers has a 1-year return of 71.77%, which is significantly higher than Texmaco Rail but lower than DEE Development. Additionally, WPIL, The Anup Enginee, Pitti Engg., GMM Pfaudler, and Marine Electric have negative six-month returns.

What does Hind Rectifiers do?

Hind Rectifiers Ltd is a Small Cap company specializing in the manufacture of rectifier equipment and semiconductor devices for railway applications. As of March 2026, it reported net sales of 280 Cr and a net profit of -2 Cr, with a market cap of INR 3,740 Cr.

Overview:<BR>Hind Rectifiers Ltd, categorized as a Small Cap company in the Industrial Manufacturing sector, is a leading manufacturer of rectifier equipment and semiconductor devices, primarily for railway applications.<BR><BR>History:<BR>Hind Rectifiers Ltd was incorporated in April 1958 and has been engaged in the development, design, manufacturing, and marketing of power semiconductor, power electronic, and railway transportation equipment. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 280 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 3,740 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 90.00<BR>- Industry P/E: 51<BR>- Dividend Yield: 0.09%<BR>- Debt-Equity: 1.15<BR>- Return on Equity: 19.36%<BR>- Price to Book: 18.10<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

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.