+
RIR Power Posts Rs 90.87 Crore Revenue In FY26
POWER & RENEWABLE ENERGY

RIR Power Posts Rs 90.87 Crore Revenue In FY26

RIR Power Electronics reported standalone revenue of Rs 90.87 crore for FY26, up 5.41 per cent from Rs 86.21 crore in FY25. Adjusted EBITDA stood at Rs 10.58 crore, while PAT declined to Rs 6.72 crore from Rs 8.28 crore. The adjusted EBITDA margin stood at 11.64 per cent.

For Q4 FY26, the company posted revenue of Rs 23.95 crore, up 18.16 per cent sequentially but lower than Rs 26.46 crore in Q4 FY25. Adjusted EBITDA rose to Rs 2.46 crore from Rs 0.86 crore in Q3 FY26, while PAT increased sequentially to Rs 1.39 crore.

The company said cleanroom construction at its SiC semiconductor plant in Bhubaneswar, Odisha, has been completed, with plant and machinery installation expected to finish by July-end. Epitaxial wafer production is likely to be commissioned in the second quarter of FY27.

RIR Power also secured its first overseas order for 5 kV silicon-controlled rectifier thyristors, to be executed in phases by the end of 2026. The company also developed a 25 kV–120 kA capacitor discharge semiconductor switch for high-power electronics applications.

Dr Harshad Mehta, Non-Executive Chairman, said FY26 was a transformative year marked by investments in scale, efficiency and customer relationships. Managing Director and CEO N Ramesh Kumar said the company’s order backlog of about Rs 17 crore provides revenue visibility for the coming quarters.

RIR Power Electronics reported standalone revenue of Rs 90.87 crore for FY26, up 5.41 per cent from Rs 86.21 crore in FY25. Adjusted EBITDA stood at Rs 10.58 crore, while PAT declined to Rs 6.72 crore from Rs 8.28 crore. The adjusted EBITDA margin stood at 11.64 per cent.For Q4 FY26, the company posted revenue of Rs 23.95 crore, up 18.16 per cent sequentially but lower than Rs 26.46 crore in Q4 FY25. Adjusted EBITDA rose to Rs 2.46 crore from Rs 0.86 crore in Q3 FY26, while PAT increased sequentially to Rs 1.39 crore.The company said cleanroom construction at its SiC semiconductor plant in Bhubaneswar, Odisha, has been completed, with plant and machinery installation expected to finish by July-end. Epitaxial wafer production is likely to be commissioned in the second quarter of FY27.RIR Power also secured its first overseas order for 5 kV silicon-controlled rectifier thyristors, to be executed in phases by the end of 2026. The company also developed a 25 kV–120 kA capacitor discharge semiconductor switch for high-power electronics applications.Dr Harshad Mehta, Non-Executive Chairman, said FY26 was a transformative year marked by investments in scale, efficiency and customer relationships. Managing Director and CEO N Ramesh Kumar said the company’s order backlog of about Rs 17 crore provides revenue visibility for the coming quarters.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code