Hind Rectifiers Key Ratios
NSE: HIRECT | BSE: 504036
₹1,237.80
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 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -10.46 | 10.07 | 32.16 | 36.22 | 24.02 |
| EBIT | -9.21 | -2.46 | 25.73 | 75.42 | 38.71 |
| Net Profit | -26.74 | -2.76 | 36.76 | 114.95 | 55.41 |
| EPS | -7.88 | 17.64 | 38.71 | 205.63 | 54.76 |
| Book Value | -- | -- | 33.71 | 24.29 | 15.61 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -- | 6.59 | 5.49 | 6.64 | 9.51 |
| Net Margin
| -- | 2.89 | 3.08 | 3.84 | 5.65 |
| Return on equity
| -- | 13.90 | 21.93 | 21.41 | 26.18 |
| Return on Capital
| -- | 13.81 | -- | 18.54 | 22.30 |
| Return on Assets
| -- | 5.22 | 5.99 | 7.15 | 9.95 |
| Debt to Equity (x)
| -- | -- | 0.16 | 1.18 | 1.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
18.54
|
22.30
|
12.26
|
--
|
|
Peer Median
|
--
|
15.89
|
17.73
|
18.06
|
--
|
ROE
21.93
Higher than Peers by 12.53
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
21.93
|
21.41
|
26.18
|
10.09
|
--
|
|
Peer Median
|
9.40
|
15.23
|
16.10
|
18.66
|
--
|
ROA
5.99
Higher than Peers by 0.58
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
5.99
|
7.15
|
9.95
|
3.80
|
--
|
|
Peer Median
|
5.41
|
7.80
|
7.50
|
7.38
|
--
|
EBIT Margin
5.49
Lower than Peers by 2.73
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
5.49
|
6.64
|
9.51
|
6.63
|
--
|
|
Peer Median
|
8.22
|
9.50
|
9.36
|
11.25
|
--
|
Net Margin
3.08
Lower than Peers by 2.95
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
3.08
|
3.84
|
5.65
|
2.40
|
--
|
|
Peer Median
|
6.03
|
6.36
|
4.98
|
5.48
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
5.25
|
6.96
|
3.86
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
41.95
Higher than Peers by 26.91
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
41.95
|
52.45
|
26.63
|
--
|
--
|
|
Peer Median
|
15.04
|
41.95
|
27.07
|
31.05
|
--
|
EBIT Growth
-19.20
Lower than Peers by 35.73
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
-19.20
|
6.43
|
81.72
|
--
|
--
|
|
Peer Median
|
16.53
|
58.85
|
37.51
|
33.13
|
--
|
Net Profit Growth
36.76
Higher than Peers by 15.03
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
36.76
|
4.00
|
196.66
|
--
|
--
|
|
Peer Median
|
21.73
|
67.08
|
23.32
|
72.80
|
--
|
EPS Growth
38.71
Higher than Peers by 33.58
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
38.71
|
21.13
|
196.20
|
--
|
--
|
|
Peer Median
|
5.13
|
65.61
|
14.52
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
26.04
|
28.69
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.16
Higher than Peers by 0.12
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
0.16
|
1.18
|
1.00
|
1.04
|
--
|
|
Peer Median
|
0.03
|
0.23
|
0.30
|
0.73
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
0.91
|
0.75
|
0.77
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.12
Lower than Peers by 1.08
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
1.12
|
1.12
|
1.21
|
1.21
|
--
|
|
Peer Median
|
2.19
|
1.79
|
2.06
|
1.53
|
--
|
Quick Ratio
0.74
Lower than Peers by 0.59
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
0.74
|
0.74
|
0.65
|
0.65
|
--
|
|
Peer Median
|
1.33
|
1.51
|
1.42
|
2.11
|
--
|
Interest Coverage
3.78
Lower than Peers by 1.34
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
3.78
|
4.19
|
4.66
|
2.32
|
--
|
|
Peer Median
|
5.11
|
6.04
|
5.76
|
6.31
|
--
|
Operating Efficiency
Debtors to sales
23.63
Lower than Peers by 0.20
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
23.63
|
24.66
|
16.72
|
17.23
|
--
|
|
Peer Median
|
23.83
|
29.54
|
27.31
|
21.25
|
--
|
Asset Turnover
1.93
Higher than Peers by 1.06
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
1.93
|
1.85
|
1.76
|
1.57
|
--
|
|
Peer Median
|
0.88
|
1.05
|
1.15
|
1.42
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
65.02
|
55.33
|
62.88
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
49.29
|
60.55
|
68.21
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
44.34
|
40.90
|
44.91
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
--
|
69.97
|
74.98
|
86.18
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
105.29
Higher than Peers by 26.08
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
105.29
|
50.44
|
21.67
|
41.24
|
--
|
|
Peer Median
|
79.22
|
78.74
|
56.23
|
48.04
|
--
|
Price / Book Value
14.26
Higher than Peers by 9.50
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
14.26
|
11.29
|
10.08
|
8.32
|
--
|
|
Peer Median
|
4.76
|
5.38
|
5.67
|
5.84
|
--
|
Dividend Yield
0.11
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
0.11
|
0.21
|
0.21
|
0.20
|
--
|
|
Peer Median
|
--
|
--
|
--
|
0.00
|
--
|
EV/EBITDA
58.61
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
58.61
|
28.87
|
24.43
|
25.47
|
--
|
|
Peer Median
|
--
|
43.44
|
41.96
|
32.86
|
--
|
Market Cap
4,387
Higher than Peers by 2,432
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Hind Rectifiers
|
4,387
|
2,270
|
1,608
|
1,032
|
--
|
|
Peer Median
|
1,955
|
1,955
|
980
|
810
|
--
|