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HIRECT logo

Hind Rectifiers LimitedNSEI:HIRECT Stock Report

Market Cap ₹25.5b
Share Price
₹1.49k
n/a
1Y11.0%
7D-0.4%
Portfolio Value
View

Hind Rectifiers Limited

NSEI:HIRECT Stock Report

Market Cap: ₹25.5b

Hind Rectifiers (HIRECT) Stock Overview

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally. More details

HIRECT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends2/6

HIRECT Community Fair Values

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US$9.21
11.9% undervalued intrinsic discount
Revenue
64.98% p.a.
Profit Margin
15%
Future PE
35x
Price in 2030
US$14.83

Hind Rectifiers Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hind Rectifiers
Historical stock prices
Current Share Price₹1,486.20
52 Week High₹2,108.50
52 Week Low₹799.00
Beta-0.0010
1 Month Change-1.80%
3 Month Change-11.67%
1 Year Change11.02%
3 Year Change572.18%
5 Year Change805.12%
Change since IPO228.22%

Recent News & Updates

We Ran A Stock Scan For Earnings Growth And Hind Rectifiers (NSE:HIRECT) Passed With Ease

Oct 31
We Ran A Stock Scan For Earnings Growth And Hind Rectifiers (NSE:HIRECT) Passed With Ease

Hind Rectifiers (NSE:HIRECT) Seems To Use Debt Quite Sensibly

Aug 22
Hind Rectifiers (NSE:HIRECT) Seems To Use Debt Quite Sensibly

Recent updates

We Ran A Stock Scan For Earnings Growth And Hind Rectifiers (NSE:HIRECT) Passed With Ease

Oct 31
We Ran A Stock Scan For Earnings Growth And Hind Rectifiers (NSE:HIRECT) Passed With Ease

Hind Rectifiers (NSE:HIRECT) Seems To Use Debt Quite Sensibly

Aug 22
Hind Rectifiers (NSE:HIRECT) Seems To Use Debt Quite Sensibly

Why Investors Shouldn't Be Surprised By Hind Rectifiers Limited's (NSE:HIRECT) 36% Share Price Surge

Jul 30
Why Investors Shouldn't Be Surprised By Hind Rectifiers Limited's (NSE:HIRECT) 36% Share Price Surge

Hind Rectifiers (NSE:HIRECT) Is Increasing Its Dividend To ₹2.00

Jul 04
Hind Rectifiers (NSE:HIRECT) Is Increasing Its Dividend To ₹2.00

Hind Rectifiers Limited (NSE:HIRECT) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable

May 26
Hind Rectifiers Limited (NSE:HIRECT) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable

Does Hind Rectifiers (NSE:HIRECT) Deserve A Spot On Your Watchlist?

Mar 20
Does Hind Rectifiers (NSE:HIRECT) Deserve A Spot On Your Watchlist?

Some Hind Rectifiers Limited (NSE:HIRECT) Shareholders Look For Exit As Shares Take 30% Pounding

Feb 19
Some Hind Rectifiers Limited (NSE:HIRECT) Shareholders Look For Exit As Shares Take 30% Pounding

Shareholders Are Optimistic That Hind Rectifiers (NSE:HIRECT) Will Multiply In Value

Jan 28
Shareholders Are Optimistic That Hind Rectifiers (NSE:HIRECT) Will Multiply In Value

We Think Hind Rectifiers (NSE:HIRECT) Can Stay On Top Of Its Debt

Jan 12
We Think Hind Rectifiers (NSE:HIRECT) Can Stay On Top Of Its Debt

Hind Rectifiers Limited's (NSE:HIRECT) 25% Price Boost Is Out Of Tune With Revenues

Dec 10
Hind Rectifiers Limited's (NSE:HIRECT) 25% Price Boost Is Out Of Tune With Revenues

There's Reason For Concern Over Hind Rectifiers Limited's (NSE:HIRECT) Massive 41% Price Jump

Oct 19
There's Reason For Concern Over Hind Rectifiers Limited's (NSE:HIRECT) Massive 41% Price Jump

Hind Rectifiers (NSE:HIRECT) Seems To Use Debt Quite Sensibly

Sep 26
Hind Rectifiers (NSE:HIRECT) Seems To Use Debt Quite Sensibly

There's No Escaping Hind Rectifiers Limited's (NSE:HIRECT) Muted Revenues

Jul 31
There's No Escaping Hind Rectifiers Limited's (NSE:HIRECT) Muted Revenues

Hind Rectifiers' (NSE:HIRECT) Performance Is Even Better Than Its Earnings Suggest

Jun 05
Hind Rectifiers' (NSE:HIRECT) Performance Is Even Better Than Its Earnings Suggest

Hind Rectifiers Limited's (NSE:HIRECT) Shares Climb 27% But Its Business Is Yet to Catch Up

Apr 20
Hind Rectifiers Limited's (NSE:HIRECT) Shares Climb 27% But Its Business Is Yet to Catch Up

Returns On Capital At Hind Rectifiers (NSE:HIRECT) Paint A Concerning Picture

Apr 05
Returns On Capital At Hind Rectifiers (NSE:HIRECT) Paint A Concerning Picture

Hind Rectifiers Limited's (NSE:HIRECT) 34% Share Price Surge Not Quite Adding Up

Mar 02
Hind Rectifiers Limited's (NSE:HIRECT) 34% Share Price Surge Not Quite Adding Up

Does Hind Rectifiers (NSE:HIRECT) Have A Healthy Balance Sheet?

Nov 09
Does Hind Rectifiers (NSE:HIRECT) Have A Healthy Balance Sheet?

Would Hind Rectifiers (NSE:HIRECT) Be Better Off With Less Debt?

Aug 05
Would Hind Rectifiers (NSE:HIRECT) Be Better Off With Less Debt?

Some Investors May Be Worried About Hind Rectifiers' (NSE:HIRECT) Returns On Capital

May 26
Some Investors May Be Worried About Hind Rectifiers' (NSE:HIRECT) Returns On Capital

Is Hind Rectifiers (NSE:HIRECT) A Risky Investment?

Sep 13
Is Hind Rectifiers (NSE:HIRECT) A Risky Investment?

Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Jul 22
Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Jul 08
Hind Rectifiers (NSE:HIRECT) Has Announced A Dividend Of ₹0.40

Hind Rectifiers (NSE:HIRECT) Is Looking To Continue Growing Its Returns On Capital

Apr 06
Hind Rectifiers (NSE:HIRECT) Is Looking To Continue Growing Its Returns On Capital

The Return Trends At Hind Rectifiers (NSE:HIRECT) Look Promising

Jan 03
The Return Trends At Hind Rectifiers (NSE:HIRECT) Look Promising

Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

Dec 10
Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

Aug 25
Hind Rectifiers (NSE:HIRECT) Has A Somewhat Strained Balance Sheet

What To Know Before Buying Hind Rectifiers Limited (NSE:HIRECT) For Its Dividend

May 03
What To Know Before Buying Hind Rectifiers Limited (NSE:HIRECT) For Its Dividend

Declining Stock and Decent Financials: Is The Market Wrong About Hind Rectifiers Limited (NSE:HIRECT)?

Mar 05
Declining Stock and Decent Financials: Is The Market Wrong About Hind Rectifiers Limited (NSE:HIRECT)?

What Do The Returns At Hind Rectifiers (NSE:HIRECT) Mean Going Forward?

Feb 14
What Do The Returns At Hind Rectifiers (NSE:HIRECT) Mean Going Forward?

Hind Rectifiers Limited (NSE:HIRECT) Is An Attractive Dividend Stock - Here's Why

Jan 27
Hind Rectifiers Limited (NSE:HIRECT) Is An Attractive Dividend Stock - Here's Why

Hind Rectifiers (NSE:HIRECT) Takes On Some Risk With Its Use Of Debt

Jan 09
Hind Rectifiers (NSE:HIRECT) Takes On Some Risk With Its Use Of Debt

Shareholder Returns

HIRECTIN ElectricalIN Market
7D-0.4%2.2%1.8%
1Y11.0%-0.9%4.5%

Return vs Industry: HIRECT exceeded the Indian Electrical industry which returned -4.2% over the past year.

Return vs Market: HIRECT exceeded the Indian Market which returned 2.1% over the past year.

Price Volatility

Is HIRECT's price volatile compared to industry and market?
HIRECT volatility
HIRECT Average Weekly Movement4.7%
Electrical Industry Average Movement5.4%
Market Average Movement5.2%
10% most volatile stocks in IN Market8.5%
10% least volatile stocks in IN Market3.0%

Stable Share Price: HIRECT has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: HIRECT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1958539Manoj Nairhirect.com

Hind Rectifiers Limited designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally. The company provides traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, and electrical switch boards and railway equipment, as well as electronic safety protection devices and rolling stock HVAC systems for railway. It also offers industrial electrostatic precipitator systems, rectifiers, active harmonic filters, and DC air cored reactors.

Hind Rectifiers Limited Fundamentals Summary

How do Hind Rectifiers's earnings and revenue compare to its market cap?
HIRECT fundamental statistics
Market cap₹25.46b
Earnings (TTM)₹474.88m
Revenue (TTM)₹7.96b
53.6x
P/E Ratio
3.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIRECT income statement (TTM)
Revenue₹7.96b
Cost of Revenue₹5.91b
Gross Profit₹2.05b
Other Expenses₹1.57b
Earnings₹474.88m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

Feb 14, 2026

Earnings per share (EPS)27.67
Gross Margin25.74%
Net Profit Margin5.97%
Debt/Equity Ratio106.8%

How did HIRECT perform over the long term?

See historical performance and comparison

Dividends

0.1%
Current Dividend Yield
9%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/05 06:48
End of Day Share Price 2026/01/05 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hind Rectifiers Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research