Hind Rectifiers Financials

NSE: HIRECT | BSE: 504036

₹1,237.80

₹14.80 (1.21%)

As on 28-Aug-2026IST

Market cap

₹4,387 Cr

Revenue (TTM)

₹1,043 Cr

P/E Ratio

105.3

P/B Ratio

14.3

Div. Yield

0.1 %

Income Statement (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Revenue	1,042.80	999.13	655.37	517.55	--	--
Total Income	1,048.55	1,005.62	656.85	521.33	--	--
Total Expenditure	969.74	918.96	584.56	475.81	--	--
EBITDA	73.06	80.17	70.81	41.74	--	--
Depreciation	15.81	13.83	8.49	7.45	--	--
EBIT	57.25	66.33	62.33	34.30	--	--
Interest	17.09	16.92	13.69	13.40	--	--
Other Income	5.75	6.50	1.48	3.78	--	--
Exceptional Items	1.53	-2.00	--	-6.99	--	--
Profit before Tax	47.44	53.91	50.11	17.69	--	--
Provision for Tax	15.10	15.31	13.00	5.18	--	--
Profit after Tax	32.33	38.60	37.11	12.51	--	--
Minority Interest	9.33	6.41	--	--	--	--
Share of Associate	--	--	--	--	--	--
Consolidated Profit	41.67	45.01	37.11	12.51	--	--

Liabilities (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	208.57	208.57	159.87	124.53	--	--
Minority Interest	9.33	-2.77	--	--	--	--
Non-Current Liabilities	59.93	59.93	38.99	31.47	--	--
Current Liabilities	396.34	396.34	218.43	172.92	--	--
Total Liabilities	662.07	662.07	417.29	331.02	--	--

Assets (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	199.34	216.63	150.29	119.97	--	--
Current Assets	442.20	442.20	263.75	208.95	--	--
Total Assets	662.07	662.07	417.29	331.02	--	--
Total Debt*	--	236.71	158.98	128.93	--	--
Net Current Assets	45.86	45.86	45.32	36.04	--	--
Contingent Liabilities	--	18.20	11.61	11.77	--	--

Cashflow (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	85.81	35.63	33.90	--	--
Cash Flow from Investing Activities	--	-90.27	-25.31	-19.47	--	--
Cash from Financing Activities	--	8.11	-10.74	-14.26	--	--
Net Cash Inflow / Outflow	--	3.65	-0.42	0.16	--	--

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS (₹)	21.11	13.10	10.81	3.65	--	--
Cash EPS (₹)	11.75	15.25	13.28	5.82	--	--
Adjusted Book Value (₹)	86.74	58.50	46.47	36.17	--	--
Dividend per Share (₹)	0.11	1.40	1.00	0.60	--	--
Cash Flow per Share (₹)	--	24.97	20.75	19.78	--	--
Free Cash Flow per Share (₹)	--	-12.56	-11.23	-4.99	--	--

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	18.54	22.30	12.26	--	--
ROE (%)	21.93	21.41	26.18	10.09	--	--
ROA (%)	5.99	7.15	9.95	3.80	--	--
EBIT Margin (%)	5.49	6.64	9.51	6.63	--	--
Net Margin (%)	3.08	3.84	5.65	2.40	--	--
Cash Profit Margin (%)	--	5.25	6.96	3.86	--	--

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	41.95	52.45	26.63	--	--	--
EBIT Growth (%)	-19.20	6.43	81.72	--	--	--
Net Profit Growth (%)	36.76	4.00	196.66	--	--	--
EPS Growth (%)	38.71	21.13	196.20	--	--	--
Book Value Growth (%)	--	26.04	28.69	--	--	--

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	105.29	50.44	21.67	41.24	--	--
Price / Book Value	14.26	11.29	10.08	8.32	--	--
Dividend Yield (%)	0.11	0.21	0.21	0.20	--	--
EV/EBITDA	58.61	28.87	24.43	25.47	--	--
Close Price (₹)	1,159.20	660.10	474.20	301.88	--	--
High Price (₹)	1,212.10	1,054.25	795.50	412.00	--	--
Low Price (₹)	555.53	399.50	285.03	95.10	--	--
Market Cap (₹ Cr)	4,386.94	2,270.11	1,608.21	1,031.95	--	--

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	0.16	1.18	1.00	1.04	--	--
Short term debt to equity ratio	--	0.91	0.75	0.77	--	--
Current Ratio	1.12	1.12	1.21	1.21	--	--
Quick Ratio	0.74	0.74	0.65	0.65	--	--
Interest Coverage	3.78	4.19	4.66	2.32	--	--

Operating Efficiency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debtors to sales (%)	23.63	24.66	16.72	17.23	--	--
Asset Turnover	1.93	1.85	1.76	1.57	--	--
Receivable days	--	65.02	55.33	62.88	--	--
Inventory Days	--	49.29	60.55	68.21	--	--
Payable days	--	44.34	40.90	44.91	--	--
Cash Conversion Cycle	--	69.97	74.98	86.18	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (₹ Cr)