Hind Rectifiers Limited

NSEI:HIRECT Stock Report

Market Cap: ₹20.1b

Hind Rectifiers Past Earnings Performance

Past criteria checks 3/6

Hind Rectifiers's earnings have been declining at an average annual rate of -14.5%, while the Electrical industry saw earnings growing at 32.7% annually. Revenues have been growing at an average rate of 13.6% per year. Hind Rectifiers's return on equity is 17%, and it has net margins of 4%.

Key information

-14.5%

Earnings growth rate

-15.5%

EPS growth rate

Electrical Industry Growth25.1%
Revenue growth rate13.6%
Return on equity17.0%
Net Margin4.0%
Next Earnings Update14 Feb 2025

Recent past performance updates

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

Recent updates

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?

Revenue & Expenses Breakdown

How Hind Rectifiers makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:HIRECT Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,8942385890
30 Jun 245,5551755680
31 Mar 245,1761255280
31 Dec 234,778495960
30 Sep 234,384585490
30 Jun 233,840-225110
31 Mar 233,591-643970
31 Dec 223,499-233850
30 Sep 223,468-353800
30 Jun 223,713403770
31 Mar 223,721783690
31 Dec 213,453713640
30 Sep 213,321703540
30 Jun 213,309653430
31 Mar 213,051533320
31 Dec 203,074653300
30 Sep 202,966903190
30 Jun 202,7891363140
31 Mar 202,9961853010
31 Dec 193,0572142770
30 Sep 193,0402082620
30 Jun 192,8021572400
31 Mar 192,5511182270
31 Dec 182,2551002180
30 Sep 181,862752000
30 Jun 181,508441920
31 Mar 181,271131840
31 Dec 17981-561820
30 Sep 17954-721860
30 Jun 171,023-751850
31 Mar 171,206-711900
31 Dec 161,19281870
30 Sep 161,186141790
30 Jun 161,07621720
31 Mar 16939-151680
31 Dec 15890-182400
30 Sep 15859-352450
30 Jun 15942-312460
31 Mar 15940-361670
31 Dec 14954-442390
30 Sep 14967-432350
30 Jun 141,002-432350
31 Mar 14967-492350
31 Dec 131,043-322280

Quality Earnings: HIRECT has a large one-off loss of ₹89.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: HIRECT's current net profit margins (4%) are higher than last year (1.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HIRECT's earnings have declined by 14.5% per year over the past 5 years.

Accelerating Growth: HIRECT's earnings growth over the past year (306.5%) exceeds its 5-year average (-14.5% per year).

Earnings vs Industry: HIRECT earnings growth over the past year (306.5%) exceeded the Electrical industry 33.8%.


Return on Equity

High ROE: HIRECT's Return on Equity (17%) is considered low.


Return on Assets


Return on Capital Employed


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