Hind Rectifiers Limited Share Price & Analysis
₹932▲ +1.00%Updated 29 Apr 2026, 11:32 am IST
LTP
₹932
+1%
Open
₹—
High
₹942
Low
₹912.25
Close
₹932
52W High
₹1,054
52W Low
₹433
Volume
30K
Lot Size
1
Sector
Capital Goods
Market Cap
₹3K Cr
Face Value
₹2
Small Cap
Price Chart
Fundamentals
P/E
61
Sector P/E
49.5
P/B
16.85
EPS
₹14.6
ROE
25.6%
ROCE
21.6%
D/E Ratio
1.09
Div Yield
0.11%
Book Value
₹55.3
+
Strengths
- ✓Excellent return on equity (ROE 25.6%)
- ✓Efficient capital deployment (ROCE 21.6%)
−
Concerns
- ✗High premium to book value (P/B 16.9x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹438 | ₹3.2L Cr | 54.5 | 14.83 | 29.2 | 38.9 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,352 | ₹2.9L Cr | 32.1 | 7.84 | 26.1 | 33.9 | 0 |
| ABB ABB India Limited | ₹7,265 | ₹1.6L Cr | 93 | 19.63 | 22.4 | 29.9 | 0.01 |
| CUMMINSIND Cummins India Limited | ₹5,288 | ₹1.5L Cr | 62.3 | 18.55 | 28.2 | 36.3 | 0 |
| SIEMENS Siemens Limited | ₹3,777 | ₹1.4L Cr | 82.9 | 10.18 | 11.8 | 15.8 | 0.01 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹826 | ₹1.3L Cr | 116 | 17.42 | 27.7 | 37.5 | 0.02 |
| POLYCAB Polycab India Limited | ₹8,149 | ₹1.2L Cr | 46.1 | 11.57 | 21.4 | 29.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HIRECT · as of Mar 2026
Promoters43.98%
FII6.03%▼0.25
DII0.01%▼0.06
Public49.96%▲0.32
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 44.08% | 44.05% | 44.05% | 44.05% | 43.98% | 43.98% |
| FII | 5.72% | 5.76% | 5.82% | 5.97% | 6.28% | 6.03% |
| DII | 0.01% | 0.01% | 0.01% | 0.01% | 0.07% | 0.01% |
| Public | 50.18% | 50.16% | 50.13% | 49.95% | 49.64% | 49.96% |
Corporate Events
Bonus 1:1
Bonus26 Mar 2026
Dividend - Rs 2 Per Share
Dividend21 Jul 2025
Annual General Meeting/Dividend - Rs 1.20 Per Share
Dividend24 Jul 2024
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹277 Cr ▲22.0% | ₹227 Cr ▲5.6% | ₹215 Cr ▲16.2% | ₹185 Cr ▲9.5% | ₹169 Cr ▲1.8% | ₹166 Cr ▲22.1% | ₹136 Cr ▼9.9% | ₹151 Cr |
| Op. Profit | ₹26 Cr ▲0.0% | ₹26 Cr ▲8.3% | ₹24 Cr ▲20.0% | ₹20 Cr ▲11.1% | ₹18 Cr ▲0.0% | ₹18 Cr ▲28.6% | ₹14 Cr ▲0.0% | ₹14 Cr |
| OPM | 9.0% ▼18.2% | 11.0% ▲0.0% | 11.0% ▲0.0% | 11.0% ▲10.0% | 10.0% ▼9.1% | 11.0% ▲0.0% | 11.0% ▲22.2% | 9.0% |
| Net Profit | ₹13 Cr ▼13.3% | ₹15 Cr ▲15.4% | ₹13 Cr ▲30.0% | ₹10 Cr ▲0.0% | ₹10 Cr ▲0.0% | ₹10 Cr ▲42.9% | ₹7 Cr ▲40.0% | ₹5 Cr |
| EPS (₹) | 3.69 ▼13.8% | 4.28 ▲15.1% | 3.72 ▲27.8% | 2.91 ▼0.3% | 2.92 ▼1.7% | 2.97 ▲47.0% | 2.02 ▲35.6% | 1.49 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 |
|---|---|---|
| Revenue | ₹655 Cr ▲26.4% | ₹518 Cr |
| Expenses | ₹585 Cr ▲23.7% | ₹473 Cr |
| Op. Profit | ₹71 Cr ▲57.8% | ₹45 Cr |
| OPM | 11.0% ▲22.2% | 9.0% |
| Other Income | ₹1 Cr ▲116.7% | ₹-6 Cr |
| Interest | ₹14 Cr ▲7.7% | ₹13 Cr |
| Depreciation | ₹8 Cr ▲14.3% | ₹7 Cr |
| PBT | ₹50 Cr ▲177.8% | ₹18 Cr |
| Tax % | 26.0% ▼10.3% | 29.0% |
| Net Profit | ₹37 Cr ▲184.6% | ₹13 Cr |
| EPS (₹) | 10.82 ▲196.4% | 3.65 |
| Div Payout | 9.0% ▼43.8% | 16.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| Liabilities | |||
| Equity Capital | ₹3 Cr ▲0.0% | ₹3 Cr ▲0.0% | ₹3 Cr |
| Reserves | ₹187 Cr ▲19.9% | ₹156 Cr ▲28.9% | ₹121 Cr |
| Borrowings | ₹208 Cr ▲26.8% | ₹164 Cr ▲21.5% | ₹135 Cr |
| Other Liabilities | ₹107 Cr ▲15.1% | ₹93 Cr ▲31.0% | ₹71 Cr |
| Total Liabilities | ₹505 Cr ▲21.1% | ₹417 Cr ▲26.0% | ₹331 Cr |
| Assets | |||
| Fixed Assets | ₹112 Cr ▲4.7% | ₹107 Cr ▲18.9% | ₹90 Cr |
| CWIP | ₹54 Cr ▲350.0% | ₹12 Cr ▼45.5% | ₹22 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹338 Cr ▲13.4% | ₹298 Cr ▲36.1% | ₹219 Cr |
| Total Assets | ₹505 Cr ▲21.1% | ₹417 Cr ▲26.0% | ₹331 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 |
|---|---|---|
| Operating CF | ₹36 Cr ▲5.9% | ₹34 Cr |
| Investing CF | ₹-25 Cr ▼31.6% | ₹-19 Cr |
| Financing CF | ₹-11 Cr ▲21.4% | ₹-14 Cr |
| Net Cash Flow | ₹0 Cr | ₹0 Cr |
| Free Cash Flow | ₹14 Cr ▼30.0% | ₹20 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 |
|---|---|---|
| Debtor Days | 61d ▼3.2% | 63d |
| Inventory Days | 92d ▲0.0% | 92d |
| Days Payable | 46d ▲2.2% | 45d |
| Cash Conv. Cycle | 107d ▼2.7% | 110d |
| Working Capital Days | 25d ▲4.2% | 24d |
| ROCE | 22.0% | — |
Source: Screener.in · Lower days = better efficiency
About Hind Rectifiers Limited
HRL manufactures power electronic equipment such as converters, inverters, propulsion system, rectifiers and railway transformation equipment like traction transformer for locomotive, motors, various types of panels for locomotive switch board cabinet, regulated battery charger, inverters and modular pantry. The manufacturing facilities are in Mumbai and Nasik, Maharashtra, and Dehradun, Uttarakhand, and its registered office is in Mumbai.
Capital Goods · Industrial Manufacturing
Related Analysis
Frequently Asked Questions
What is Hind Rectifiers Limited share price today?▾
Hind Rectifiers Limited (HIRECT) is currently trading at ₹932 on NSE, up 1.00% as of the last market session. Prices update daily after market close on MarketNetra.
Is Hind Rectifiers Limited available in F&O (Futures & Options)?▾
Yes, Hind Rectifiers Limited (HIRECT) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Hind Rectifiers Limited 52-week high and low?▾
Hind Rectifiers Limited's 52-week high is ₹1,054 and the 52-week low is ₹433. The current price of ₹932 is 11.6% below the 52W high.
What is Hind Rectifiers Limited P/E ratio?▾
Hind Rectifiers Limited's current P/E ratio is 61. This indicates the market is paying ₹61 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Hind Rectifiers Limited options?▾
Hind Rectifiers Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade HIRECT options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.