1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Hirect Limited

Hirect Limited

1,022.30
INR
-52.40
(-4.88%)
9.77EPS
92.41P/E
41.10BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
31.11
30.22
30.21
35.81
37.81
76.97
90.38
92.06
112.3
107.94
150.95
190.76
290.26
316.36
Basic EPS, GAAP
-1.58
-1.15
-0.49
-2.29
0.4
3.56
5.58
1.61
2.35
-1.92
3.65
10.82
13.1
12.54
Free Cash Flow per Basic Share
-0.71
-0.39
0.16
-2.4
-4.29
1.95
-3.21
2.54
4.89
1.09
5.71
3.76
-3.37
- -
Dividend per Share
0.77
0.1
- -
- -
- -
- -
- -
- -
0.2
0.2
- -
0.6
1
- -
Book Value per Share
21.08
20.37
19.35
17.11
20.01
23.59
28.87
30.12
32.43
32.62
36.33
46.57
60.69
- -
Tangible Book Value per Share
20.75
20.08
17.46
14.65
17.23
19.88
24.79
25.24
27.01
26.63
30.15
40.47
53.59
- -
Basic Weighted Avg Shares
31
31
31
31
33
33
33
33
33
33
34
34
34
33
Sales/Revenue/Turnover
967
940
939
1,113
1,253
2,550
2,994
3,050
3,720
3,577
5,170
6,542
9,971
10,428
Operating Margin (%)
-5.85
-4.1
0.63
2.61
5.6
11.02
11.11
5.68
5.78
3.27
8.1
10.23
7.44
5.49
Depreciation Expense
23
15
16
20
23
27
41
38
45
51
74
85
138
158
Net Income, GAAP
-49
-36
-15
-71
13
118
185
53
78
-64
125
371
450
413
Effective Tax Rate (%)
- -
- -
- -
- -
34.85
29.18
29.58
27.59
30.13
- -
29.28
25.94
28.41
31.84
Profit Margin (%)
-5.09
-3.8
-1.61
-6.4
1.05
4.62
6.17
1.75
2.1
-1.78
2.42
5.67
4.51
3.97
Working Capital
435
346
330
208
303
434
496
502
522
347
360
486
491
- -
LT Debt
1
4
56
65
100
167
151
113
210
243
283
321
386
- -
Total Equity
656
633
602
532
663
781
956
998
1,074
1,117
1,245
1,599
2,058
- -
Return on Invested Capital (%)
- -
- -
- -
- -
4.58
13.03
14.6
6.73
7.16
- -
9.35
16.2
12.86
- -
Return on Capital (%)
- -
- -
- -
- -
4.51
12.93
14.45
6.31
6.89
- -
9.04
16.06
16.23
- -
Return on Common Equity (%)
-7.24
-5.54
-2.44
-12.56
2.2
16.33
21.27
5.46
7.53
-5.81
10.59
26.1
24.43
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,060
- -
LT Borrowings
- -
325
- -
LT Finance Leases
- -
61
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
35
Market Capitalization
25,961
22,686
41,104

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,454
- -
Cash, Cash Equivalents & STI
- -
133
- -
Accounts Receivable, Net
- -
2,464
- -
Inventories
- -
1,491
- -
Total Current Liabilities
- -
3,963
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,060
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.79%
16.05%
28.73%
Free Cash Flow
-184.25%
46.65%
-189.71%
Net Income, GAAP
82.18%
-42.8%
21.27%
Sales/Revenue/Turnover
29.55%
28.33%
52.41%
Total Cash Common Dividend
- -
- -
66.84%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,355
1,658
1,689
1,850
6,542
2026
2,148
2,271
2,774
2,798
9,971
2027
2,584
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.02
2.98
2.92
2.91
10.82
2026
3.72
4.29
3.79
1.52
13.1
2027
2.74
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chidambaram Balakrishnan
Full Time Employees
679
Sector
Producer manufacturing
Industry
Electrical products
Address
B-1001, Peninsula Corporate Park Mumbai MA India 400013
IPO Date
Sep 12, 1996
Website
hirect.com
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Business
Hind Rectifiers Limited Hind Rectifiers Limited designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment primarily in India with international reach. The company offers power semiconductor devices including studs, flat bases, capsule devices, power stacks, assemblies, and rotating assemblies; power electronic equipment such as active harmonic filters, constant current regulators, water-cooled rectifiers, thyristor-controlled rectifiers, battery chargers, high-voltage and high-current rectifiers, electrostatic precipitators, power quality improvement solutions, and special purpose rectifiers; and railway transportation systems comprising traction and auxiliary transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, panels, electrical switchboards, power supplies, safety and protection electronics, rolling stock HVAC systems, inverters from 25 kVA to 180 kVA, and propulsion systems for locomotives, coaches, EMUs, and mass transit. Its products serve industries including power generation, metals, paper, cement, chemicals, aviation, telecommunications, marine, defense, oil and gas, petrochemicals, and railways, with manufacturing facilities in Mumbai, Nashik, Sinnar, and Dehradun, and sales and service networks across India. Founded in 1958 in collaboration with Westinghouse Brake & Signal Co. Ltd., U.K., and headquartered at Peninsula Corporate Park in Mumbai, India, the company recently acquired the business and operating assets of France-based BeLink Solutions for €1 million in September 2025 to establish a European manufacturing base in robotics, electronics manufacturing services, and electronics R&D, while incorporating subsidiary BELINK HIRECT SAS in France with a 66% equity stake and infusing €2 million, and raising ₹273.6 crore through a preferential issue of 200,000 equity warrants in September 2025.

Company News

Company News APIChatGPT

  • gurufocus.com

    Hirect Advances Heavy Haul Capability with Successful Loaded Run of 6,000 HP Locomotive Propulsion System

  • prnewswire.com

    HIRECT Announces Availability of Advanced Copper Conductors for High-Power Transformers from Expanded India Facility