Hind Rectifiers

Who are in the management team of Hind Rectifiers?

As of March 2023, the management team of Hind Rectifiers includes Suramya Nevatia (Managing Director & CEO), Pradeep V Goyal (Chairman & Independent Director), and several other directors and executives, totaling a diverse group focused on governance and management.

As of March 2023, the management team of Hind Rectifiers includes the following individuals:<BR><BR>1. Pawan Kumar Golyan - Director<BR>2. V K Bhartia - Independent Director<BR>3. Pradeep V Goyal - Chairman & Independent Director<BR>4. Parimal Merchant - Independent Director<BR>5. Meenakshi Anchlia - Company Secretary & Compliance Officer<BR>6. Vandan Shah - Independent Director<BR>7. Akshada Nevatia - Executive Director<BR>8. Ashlesha Bodas - Independent Director<BR>9. Suramya Nevatia - Managing Director & CEO<BR><BR>This team comprises a mix of directors, including independent directors and executive roles, contributing to the governance and management of the company.

What does Hind Rectifiers do?

Hind Rectifiers Ltd (Hirect) is a small-cap manufacturer of rectifier equipment and semiconductor devices, with net sales of ₹185 Cr and a net profit of ₹10 Cr for the quarter ending March 2025. The company has a market cap of ₹2,286 Cr and key financial metrics include a P/E ratio of 62.00 and a return on equity of 23.30%.

Overview: <BR>Hind Rectifiers Ltd, known as Hirect, 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>Hind Rectifiers Ltd was incorporated in April 1958. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 185 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 10 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 2,286 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 62.00 <BR>Industry P/E: 71 <BR>Dividend Yield: 0.09% <BR>Debt-Equity: 1.02 <BR>Return on Equity: 23.30% <BR>Price to Book: 14.47 <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

What is the bonus history of the Hind Rectifiers?

Hind Rectifiers issued a 1:1 bonus on October 6, 2008, with a record date of October 7, 2008, allowing shareholders to receive one additional share for each share held.

Hind Rectifiers has a bonus history that includes a notable 1:1 bonus issue announced on October 6, 2008. The record date for this bonus was October 7, 2008. This means that shareholders received one additional share for every share they held as of the record date.

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.

Who are the peers of the Hind Rectifiers?

Peers of Hind Rectifiers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, and others. Hind Rectifiers has a 1-year return of 100.75%, outperforming its peers, while management and growth risks vary among them.

Peers: The peers of Hind Rectifiers are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, HMT, Rajoo Engineers, Disa India, DEE Development, and Thejo Engg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., and Disa India, while Good management risk is found at Kaynes Tech, Jupiter Wagons, and Thejo Engg. Average management risk is present at LMW, Rajoo Engineers, DEE Development, and Hind Rectifiers. In terms of Growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons, while Good growth is noted at Rajoo Engineers and DEE Development. Below Average growth is reported for Honeywell Auto, LMW, Hind Rectifiers, Disa India, and Thejo Engg. Capital Structure is Excellent for Honeywell Auto, LMW, and Rajoo Engineers, while Good capital structure is found at Kaynes Tech and Jyoti CNC Auto., and Below Average capital structure is noted for Hind Rectifiers and DEE Development.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the peer with the lowest is Honeywell Auto at -26.32%. Hind Rectifiers has a 1-year return of 100.75%, which is significantly higher than both. Additionally, LMW, Jupiter Wagons, Rajoo Engineers, Disa India, and DEE Development all have negative six-month returns.

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%.

How big is Hind Rectifiers?

As of 24th July, Hind Rectifiers Ltd has a market capitalization of 2,252.00 Cr, with recent net sales of 671.19 Cr and a net profit of 35.31 Cr. The company has shareholder's funds of 159.87 Cr and total assets of 417.29 Cr.

As of 24th July, Hind Rectifiers Ltd has a market capitalization of 2,252.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Hind Rectifiers reported Net Sales of 671.19 Cr and a Net Profit of 35.31 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 159.87 Cr and Total Assets of 417.29 Cr.

When is the next results date for Hind Rectifiers?

The next results date for Hind Rectifiers is November 6, 2025.

The next results date for Hind Rectifiers is scheduled for November 6, 2025.

Are Hind Rectifiers latest results good or bad?

Hind Rectifiers' latest results are strong, with a 36.96% revenue increase and a 44.46% rise in net profit year-over-year. However, the high P/E ratio of 74x raises concerns about the sustainability of this growth.

Hind Rectifiers' latest results for the September 2025 quarter can be considered quite strong overall. The company reported a revenue increase of 36.96% year-over-year, reaching ₹227.15 crores, and a net profit of ₹14.72 crores, which represents a significant 44.46% growth compared to the same quarter last year. This marks the seventh consecutive quarter of revenue growth, indicating a robust operational performance.<BR><BR>Additionally, the operating margin improved to 11.40%, the highest in recent quarters, showcasing the company's ability to manage costs effectively despite rising employee expenses. The return on equity (ROE) also saw a notable increase to 26.97%, reflecting strong capital efficiency.<BR><BR>However, there are concerns regarding the company's valuation, as it is currently trading at a high P/E ratio of 74x and a price-to-book ratio of nearly 20x. This elevated valuation raises questions about the sustainability of the growth rates being priced in by the market.<BR><BR>In summary, while Hind Rectifiers has delivered impressive operational results, the high valuation might warrant caution for potential investors.

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.

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 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.

Which are the latest news on Hind Rectifiers?

Should I buy, sell or hold Hind Rectifiers Ltd?

Why is Hind Rectifiers Ltd falling/rising?

As of 29-Jan, Hind Rectifiers Ltd's stock price is declining, currently at Rs 1,208.00, with a significant drop of 19.12% over the past month and bearish trading trends indicating low investor confidence. Despite strong long-term growth indicators, concerns over valuation and lack of investor participation are contributing to the stock's poor performance.

As of 29-Jan, Hind Rectifiers Ltd's stock price is falling, currently at Rs 1,208.00, reflecting a decrease of Rs 5.9 or 0.49%. The stock has underperformed against the benchmark Sensex, which has shown a slight increase of 0.31% over the past week, while Hind Rectifiers has declined by 3.46%. Over the past month, the stock has fallen significantly by 19.12%, compared to a smaller decline of 2.51% in the Sensex.<BR><BR>Today's trading performance indicates a bearish trend, with the stock touching an intraday low of Rs 1,165.75, representing a drop of 3.97%. The weighted average price suggests that more volume was traded closer to this low price, indicating a lack of investor confidence. Additionally, Hind Rectifiers is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further signaling a downward trend.<BR><BR>Investor participation has also decreased, with delivery volume falling by 34.26% against the 5-day average, which may reflect a lack of interest from investors. Despite the company's strong long-term growth indicators, such as a 30.53% annual growth rate in operating profit and a 44.75% increase in net profit, the stock's valuation appears expensive with a return on capital employed (ROCE) of 20 and a high enterprise value to capital employed ratio of 5.8. Furthermore, the absence of domestic mutual fund investment, which holds 0% of the company, may indicate a lack of confidence in the stock's current price or business prospects.<BR><BR>In summary, the combination of poor recent performance, declining investor participation, and concerns over valuation are contributing to the falling stock price of Hind Rectifiers Ltd.