Hind Rectifiers Q1 PAT Jumps 85.5 Per Cent to Rs 128 Million

30 Jul 2025 CW Team

In Q1 FY26, revenue from operations rose by 58.5 per cent year-on-year to Rs 2.15 billion, compared to Rs 1.36 billion in Q1 FY25. EBITDA increased by 66.9 per cent to Rs 242 million, with EBITDA margins improving by 60 basis points to 11.3 per cent. Profit after tax (PAT) surged by 85.5 per cent year-on-year to Rs 128 million, up from Rs 69 million in the same quarter last year, reflecting improved operational efficiency and disciplined financial management.

Operationally, the company reported a record-high order book of Rs 10.25 billion as of 30 June 2025, primarily driven by railway sector expansion and government-led initiatives. Key wins during the quarter included two significant orders worth Rs 1.27 billion and Rs 1.01 billion, respectively, from Indian Railways for locomotive components.

Hind Rectifiers also successfully commissioned an indigenously developed propulsion system for Indian Railways, which has now been allocated to a railway shed for field trials. Additionally, the company secured a new order for a next-generation propulsion system tailored for passenger locomotives and is pursuing further opportunities beyond its current order pipeline.

The Board of Directors has approved a preferential issue of warrants amounting to Rs 274 million to the existing promoter group, pending shareholder approval. This move is aimed at supporting growth across its key business verticals.

Commenting on the performance, Chairman, Managing Director and CEO, Suramya Nevatia, said, “We are pleased to report a strong start to FY26, continuing the momentum built in the previous year. Our robust performance reflects our ongoing focus on product mix, cost optimisation and innovation. With a growing technology portfolio and strong industry tailwinds, we are well-positioned to deliver sustained long-term value to our stakeholders.”

Hind Rectifiers Limited, a leading manufacturer of power semiconductors, power electronic equipment and railway transportation systems, has announced its unaudited financial results for the quarter ended 30 June 2025.In Q1 FY26, revenue from operations rose by 58.5 per cent year-on-year to Rs 2.15 billion, compared to Rs 1.36 billion in Q1 FY25. EBITDA increased by 66.9 per cent to Rs 242 million, with EBITDA margins improving by 60 basis points to 11.3 per cent. Profit after tax (PAT) surged by 85.5 per cent year-on-year to Rs 128 million, up from Rs 69 million in the same quarter last year, reflecting improved operational efficiency and disciplined financial management.Operationally, the company reported a record-high order book of Rs 10.25 billion as of 30 June 2025, primarily driven by railway sector expansion and government-led initiatives. Key wins during the quarter included two significant orders worth Rs 1.27 billion and Rs 1.01 billion, respectively, from Indian Railways for locomotive components.Hind Rectifiers also successfully commissioned an indigenously developed propulsion system for Indian Railways, which has now been allocated to a railway shed for field trials. Additionally, the company secured a new order for a next-generation propulsion system tailored for passenger locomotives and is pursuing further opportunities beyond its current order pipeline.The Board of Directors has approved a preferential issue of warrants amounting to Rs 274 million to the existing promoter group, pending shareholder approval. This move is aimed at supporting growth across its key business verticals.Commenting on the performance, Chairman, Managing Director and CEO, Suramya Nevatia, said, “We are pleased to report a strong start to FY26, continuing the momentum built in the previous year. Our robust performance reflects our ongoing focus on product mix, cost optimisation and innovation. With a growing technology portfolio and strong industry tailwinds, we are well-positioned to deliver sustained long-term value to our stakeholders.”

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Infrastructure Urban

08 May 2026

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Infrastructure Transport

08 May 2026

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..