Hind Rectifiers

Why is Hind Rectifiers Ltd falling/rising?

As of 10-Jun, Hind Rectifiers Ltd's stock is experiencing a decline of 4.11%, despite strong long-term growth. Current selling pressure and short-term underperformance are contributing to this drop, even as investor participation increases.

As of 10-Jun, Hind Rectifiers Ltd's stock price is currently falling, as indicated by a change of -45.15, which represents a decline of 4.11%. This drop in price is occurring despite the stock's strong performance over longer periods, such as a 66.14% increase over the past year and a remarkable 649.55% rise over the last three years. <BR><BR>Today's performance shows that the stock has underperformed its sector by 4.42%, and it reached an intraday low of Rs 1048.05, reflecting a decrease of 4.59%. The weighted average price suggests that more volume was traded closer to this low price, indicating selling pressure. Additionally, while the stock's moving averages are higher than the 20-day, 50-day, 100-day, and 200-day averages, it is lower than the 5-day moving average, which may signal a short-term downward trend.<BR><BR>Despite the current decline, there are positive factors at play, such as a healthy long-term growth rate in operating profit of 41.72% annually and rising investor participation, with a delivery volume increase of 21.89% against the 5-day average. However, these factors have not been sufficient to counteract the recent price drop. Overall, the combination of short-term underperformance and selling pressure appears to be driving the stock's current decline.

Which are the latest news on Hind Rectifiers?

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

Should I buy, sell or hold Hind Rectifiers Ltd?

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.

When is the next results date for Hind Rectifiers Ltd?

The next results date for Hind Rectifiers Ltd is 16 May 2026.

The next results date for Hind Rectifiers Ltd is scheduled for 16 May 2026.

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.

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.

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%.

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.

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.