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HIRECT logo

Hind Rectifiers NSEI:HIRECT Stock Report

Last Price

₹1.38k

Market Cap

₹23.7b

7D

-2.5%

1Y

160.8%

Updated

31 Dec, 2024

Data

Company Financials

Hind Rectifiers Limited

NSEI:HIRECT Stock Report

Market Cap: ₹23.7b

HIRECT Stock Overview

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally. More details

HIRECT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Hind Rectifiers Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hind Rectifiers
Historical stock prices
Current Share Price₹1,383.10
52 Week High₹1,588.15
52 Week Low₹512.05
Beta0.27
1 Month Change8.91%
3 Month Change54.54%
1 Year Change160.84%
3 Year Change419.08%
5 Year Change526.12%
Change since IPO205.45%

Recent News & Updates

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

Recent updates

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

Need To Know: Hind Rectifiers Limited (NSE:HIRECT) Insiders Have Been Buying Shares

Dec 22
Need To Know: Hind Rectifiers Limited (NSE:HIRECT) Insiders Have Been Buying Shares

Hind Rectifiers Limited's (NSE:HIRECT) Stock Is Going Strong: Is the Market Following Fundamentals?

Dec 04
Hind Rectifiers Limited's (NSE:HIRECT) Stock Is Going Strong: Is the Market Following Fundamentals?

Shareholder Returns

HIRECTIN ElectricalIN Market
7D-2.5%-0.8%-0.3%
1Y160.8%48.9%16.3%

Return vs Industry: HIRECT exceeded the Indian Electrical industry which returned 48.9% over the past year.

Return vs Market: HIRECT exceeded the Indian Market which returned 16.3% over the past year.

Price Volatility

Is HIRECT's price volatile compared to industry and market?
HIRECT volatility
HIRECT Average Weekly Movement8.2%
Electrical Industry Average Movement6.6%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: HIRECT's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: HIRECT's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1958425Saurabh Nevatiahirect.com

Hind Rectifiers Limited engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally. The company provides various traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, panels, electrical switch boards, power supplies, safety, and protection electronics, and rolling stock HVAC systems for railways, as well as electrostatic precipitators, power quality improvement solutions, and special, and current rectifiers. It also offers repairing and servicing, AMC and erectioning, and commissioning services.

Hind Rectifiers Limited Fundamentals Summary

How do Hind Rectifiers's earnings and revenue compare to its market cap?
HIRECT fundamental statistics
Market cap₹23.75b
Earnings (TTM)₹237.50m
Revenue (TTM)₹5.89b

100.0x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIRECT income statement (TTM)
Revenue₹5.89b
Cost of Revenue₹4.32b
Gross Profit₹1.58b
Other Expenses₹1.34b
Earnings₹237.50m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)13.84
Gross Margin26.76%
Net Profit Margin4.03%
Debt/Equity Ratio88.1%

How did HIRECT perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

9%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 00:09
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

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