+
Hind Rectifiers Posts Strong FY26 Earnings Growth
ECONOMY & POLICY

Hind Rectifiers Posts Strong FY26 Earnings Growth

Hind Rectifiers Limited reported audited results for the year ended 31 March 2026 as its power semiconductor, power electronic and railway equipment businesses sustained strong momentum. The board approved bonus shares in the ratio of one for one.

The company said standalone revenue rose 44.8 per cent to Rs 9.492 billion (bn) in FY26 from Rs 6.554 billion. EBITDA increased 45.5 per cent to Rs 1.025 billion and profit after tax rose 54.7 per cent to Rs 0.577 billion, while operating cash flow improved 154.8 per cent to Rs 0.907 billion. Debt equity ratio remained 1.02 and ROCE and ROE were 24.2 per cent and 30.3 per cent respectively.

Consolidated revenue rose 52.5 per cent to Rs 9.991 billion, with EBITDA up 19.6 per cent to Rs 0.841 billion and profit after minority interest at Rs 0.45 billion. Consolidated operating cash flow increased 141.0 per cent to Rs 0.858 billion.

Order book was Rs 8.455 billion at 31 March 2026, driven by railway expansion and government initiatives. The company secured export contracts for traction transformers to Germany and IGBT based inverters to the United States and completed acquisition of Elventive France to establish a European hub for robotics, power electronics and EMS. A specialised copper conductor facility at Sinnar became operational with around 350 tonne (t) per month capacity and an indigenous propulsion system moved into validation and field trials.

Management attributed performance to improved execution, working capital discipline and investments in capacity, research and development and global expansion, and reported fresh order inflows of Rs 8.584 billion during the year. It noted a robust R&D pipeline with 42 products under development and said it remained confident of sustainable growth given industry tailwinds and a healthy opportunity pipeline.

Hind Rectifiers Limited reported audited results for the year ended 31 March 2026 as its power semiconductor, power electronic and railway equipment businesses sustained strong momentum. The board approved bonus shares in the ratio of one for one. The company said standalone revenue rose 44.8 per cent to Rs 9.492 billion (bn) in FY26 from Rs 6.554 billion. EBITDA increased 45.5 per cent to Rs 1.025 billion and profit after tax rose 54.7 per cent to Rs 0.577 billion, while operating cash flow improved 154.8 per cent to Rs 0.907 billion. Debt equity ratio remained 1.02 and ROCE and ROE were 24.2 per cent and 30.3 per cent respectively. Consolidated revenue rose 52.5 per cent to Rs 9.991 billion, with EBITDA up 19.6 per cent to Rs 0.841 billion and profit after minority interest at Rs 0.45 billion. Consolidated operating cash flow increased 141.0 per cent to Rs 0.858 billion. Order book was Rs 8.455 billion at 31 March 2026, driven by railway expansion and government initiatives. The company secured export contracts for traction transformers to Germany and IGBT based inverters to the United States and completed acquisition of Elventive France to establish a European hub for robotics, power electronics and EMS. A specialised copper conductor facility at Sinnar became operational with around 350 tonne (t) per month capacity and an indigenous propulsion system moved into validation and field trials. Management attributed performance to improved execution, working capital discipline and investments in capacity, research and development and global expansion, and reported fresh order inflows of Rs 8.584 billion during the year. It noted a robust R&D pipeline with 42 products under development and said it remained confident of sustainable growth given industry tailwinds and a healthy opportunity pipeline.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Gautam Adani Meets Karnataka Chief Minister After Tunnel Road Bid

Gautam Adani, chairman of the Adani Group, met Karnataka chief minister DK Shivakumar at the chief minister’s residence in Sadashivanagar, Bengaluru, on August 23, sources told Moneycontrol. Visuals showed the chief minister seeing him off and sources said the chairman had called en route to the airport after visiting the Art of Living centre. The meeting coincided with Adani Enterprises emerging as the lowest bidder for both packages of a proposed 16.75 km tunnel road between Central Silk Board and Hebbal, with financial bids opened by Bengaluru Smart Infrastructure Ltd in December 2025. Th..

Next Story
Infrastructure Urban

Road and Rail Links to Spur Nellore Growth

Heavy freight is already running on newly completed port-rail links worth Rs 22.12 billion, while a major road grid worth Rs 160 bn is being built to bridge the last mile to Krishnapatnam Port and the Kris City industrial hub. The investments are reshaping transport corridors across Nellore and aim to support coastal trade and industrial activity. Work is proceeding under tight deadlines to deliver connectivity for port-bound freight. Ministry data show rail-evacuation lines are 100 per cent operational and seven major road corridors are under development to handle increased trade. The plans t..

Next Story
Infrastructure Transport

H&UD Minister Lays Foundation For Six-Lane Road Project

Housing and Urban Development (H&UD) Minister and Bhubaneswar Development Authority (BDA) chairman Krushna Chandra Mahapatra on Friday laid the foundation stone for a major six-lane road project that will link Guru Kelucharan Park with Patia Railway Station. The 45-metre-wide Comprehensive Development Plan (CDP) road is intended to strengthen connectivity in the rapidly developing northern parts of the city and to ease congestion along existing corridors. Officials noted the scheme responds to rising commuter demand in the area. The carriageway will extend for 2,387 metres and will pass throug..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code