Conference Call with Hind Rectifiers Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Electronic Components company Hind Rectifiers announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Income grew by 22% YoY to Rs 185.4 crore in Q4FY25 compared to Rs 151.7 crore in Q4FY24. EBITDA increased by 46% YoY to Rs 20.2 crore in Q4FY25 from Rs 13.9 crore in Q4FY24, reflecting improved operating efficiencies. EBITDA margins expanded by ~180 bps YoY to 10.9% in Q4FY25 from 9.1% in Q4FY24. PAT surged by 96% YoY to Rs 10.0 crore in Q4FY25 from Rs 5.1 crore in Q4FY24, driven by improved operational performance. FY25 Financial Highlights: Total Income grew by 27% YoY to Rs 656.8 crore in FY25 from Rs 518.2 crore in FY24. EBITDA witnessed a growth of 60% YoY to Rs 71.8 crore in FY25 from Rs 44.9 crore in FY24. The rise in EBITDA is attributed towards operating leverage reflecting better cost management and profitability. EBITDA margins improved by ~220 bps YoY to 10.9% in FY25 from 8.7% in FY24, supported by operating leverage. PAT surged by 197% YoY to Rs 37.1 crore in FY25 from Rs 12.5 crore in FY24, driven by financial leverage and better utilization of Assets. The company maintains a stable Debt equity ratio at 1.03x. The company clocked an ROCE of 25.6% versus 19.4% in FY24. ROE stood at 26.2% in FY25 as compared to 10.6% in FY24. Suramya Nevatia, MD & Chairman of Hind Rectifiers, said: “FY25 has been a landmark year for Hind Rectifiers, marked by record-breaking order inflows, strong revenue growth, and significant margin expansion. Our topline grew by 27% YoY to Rs 656.8 crore, while PAT surged by 197% YoY to Rs 37.1 crore, driven by an enhanced product mix, backward integration, and improved operational efficiencies. Our order book stood at Rs 893 crore as of 31stMarch 2025, underscoring the trust our customers place in us, especially in the railway sector where we secured key orders worth Rs 1,014 crore during the year. This robust pipeline, along with the commissioning of strategic capex of Rs 43 crore towards backward integration and facilitate new product manufacturing at our Sinnar and Satpur facilities, positions us well for sustained future growth. Our focus on indigenous product development and execution excellence has enabled successful delivery of high-value projects including the propulsion system for Indian Railways and HVAC systems for LHB Passenger coaches. We also enhanced our long-term strategic positioning by establishing new technology-focused subsidiaries, enabling our foray into cutting-edge domains such as IT, Artificial Intelligence and Web3. With the Indian government’s continued push on infrastructure and railway electrification, we remain confident in our ability to deliver long-term value to stakeholders, leveraging our engineering prowess, innovation capabilities, and customer-centric execution. Result PDF