Hind Rectifiers Q1 PAT Rises 85.5 per cent, Revenue Up 58.5 per cent

30 Jul 2025 CW Team

EBITDA rose by 66.9 per cent year-on-year to Rs 242 million, driven by an optimal product mix and effective cost control. EBITDA margins improved to 11.3 per cent, up by 60 basis points. Profit after tax surged 85.5 per cent to Rs 128 million from Rs 69 million in the same quarter last year, reflecting improved operational efficiencies and financial discipline.

Operational Highlights:

The order book reached an all-time high of Rs 10.25 billion as of 30 June 2025, primarily fuelled by expansion in the railway sector.
Secured two significant orders from Indian Railways worth Rs 1.27 billion and Rs 1.01 billion for locomotive products.
Successfully commissioned an indigenously developed propulsion system, now undergoing field trials at a designated railway shed.
Received a key order for a next-generation propulsion system for passenger locomotives and is actively pursuing further opportunities beyond the current pipeline.

The company continues to focus on indigenous innovation, execution excellence, and expanding its technological capabilities to drive sustained growth.

Commenting on the results, Suramya Nevatia, Chairman, Managing Director & CEO, said, “We are pleased to begin FY26 on a high note with 58.5 per cent revenue growth and an 85.5 per cent increase in PAT. Our robust order pipeline and growing position in the railway sector reflect our strategic strength and operational resilience.”

Additionally, the Board has approved a preferential issue of warrants worth Rs 274 million to the existing promoter group, subject to shareholder approval, to support future growth initiatives across core business segments.

Hind Rectifiers Limited, a leading manufacturer of power semiconductors, electronic equipment, and railway transportation systems, has reported a strong financial performance for the quarter ended 30 June 2025. The company’s unaudited consolidated results for Q1 FY26 show a year-on-year revenue increase of 58.5 per cent to Rs 2.15 billion, compared to Rs 1.36 billion in Q1 FY25.EBITDA rose by 66.9 per cent year-on-year to Rs 242 million, driven by an optimal product mix and effective cost control. EBITDA margins improved to 11.3 per cent, up by 60 basis points. Profit after tax surged 85.5 per cent to Rs 128 million from Rs 69 million in the same quarter last year, reflecting improved operational efficiencies and financial discipline.Operational Highlights:The order book reached an all-time high of Rs 10.25 billion as of 30 June 2025, primarily fuelled by expansion in the railway sector.Secured two significant orders from Indian Railways worth Rs 1.27 billion and Rs 1.01 billion for locomotive products.Successfully commissioned an indigenously developed propulsion system, now undergoing field trials at a designated railway shed.Received a key order for a next-generation propulsion system for passenger locomotives and is actively pursuing further opportunities beyond the current pipeline.The company continues to focus on indigenous innovation, execution excellence, and expanding its technological capabilities to drive sustained growth.Commenting on the results, Suramya Nevatia, Chairman, Managing Director & CEO, said, “We are pleased to begin FY26 on a high note with 58.5 per cent revenue growth and an 85.5 per cent increase in PAT. Our robust order pipeline and growing position in the railway sector reflect our strategic strength and operational resilience.”Additionally, the Board has approved a preferential issue of warrants worth Rs 274 million to the existing promoter group, subject to shareholder approval, to support future growth initiatives across core business segments.

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