Electronic Components company Hind Rectifiers announced Q3FY26 results Revenue: Rs 2,773.89 million against Rs 1,689.44 million during Q3FY25, change 64%. PBT: Rs 153.18 million against Rs 134.55 million during Q3FY25, change 14%. PAT: Rs 126.97 million against Rs 100.06 million during Q3FY25, change 27%. EPS: Rs 7.58 for Q3FY26. Result PDF
Conference Call with Hind Rectifiers Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
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
Electronic Components company Hind Rectifiers announced Q3FY25 results Financial Highlights: Total Income grew by 24% YoY to Rs 169.4 crore in Q3FY25 from Rs 136.7 crore in Q3FY24. EBITDA increased by 34% YoY to Rs 18.1 crore in Q3FY25 from Rs 13.54 crore in O3FY24, reflecting improved operating efficiencies. EBITDA margins expanded by ~90 bps YoY to 10.7% in Q3FY25 from 9.8% in Q3FY24. PAT surged by 567% YoY to Rs 10 crore in Q3FY25 from Rs 1.5 crore in Q3FY24, driven by improved operational performance and lower financial costs. Other Highlights: The current order book stands at approximately Rs 870 crore. The Board of Directors has approved the incorporation of a wholly owned subsidiary focused on developing solutions in the field of Information Technology (IT), Artificial Intelligence (AI), Web3, and varied software. The company has commercialised the operations of a new vertical: HVAC systems. Suramya Nevatia, MD & CEO of Hind Rectifiers, said: “We are pleased to announce that Q3 and 9MFY25 have been marked by robust growth and operational excellence. Our topline for Q3FY25 stood at Rs 169.4 crore, reflecting a growth of 24% YoY. The company’s PAT grew by 567% YoY for Q3FY25, driven by effective cost management, despite the impact of rising raw material costs. The company’s order book remains strong at ~Rs 870 crore, with strong order pipeline, primarily driven by the government's continued focus on the railway sector and upcoming opportunities within the industry. We are actively progressing with our capacity expansion plans at the Sinnar and Satpur plants along with focus on backward integration which will reduce import dependency of certain components and improving cost efficiency. Overall demand seems to be intact and robust. The government’s emphasis on railway infrastructure development, modernization, and electrification continues to be a critical driver for our business. With a clear focus on indigenous product development, innovation, and execution excellence, our strategy of securing new orders, expanding our product portfolio, and improving margins enables us for sustainable growth going ahead. Our strong order book, combined with our engineering expertise and commitment to backward integration, will continue to propel us toward increased market share and long-term growth across all our business segments.” Result PDF