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Hind Rectifiers Ltd

HIRECT

Hind Rectifiers Ltd

HIRECT
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹2,046 cr, stock is ranked 1,143
High RiskStock is 4.24x as volatile as Nifty
1,194.252.57% (-31.55)
1,194.252.57% (-31.55)

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IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹2,046 cr, stock is ranked 1,143
High RiskStock is 4.24x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹2,046 cr, stock is ranked 1,143
High RiskStock is 4.24x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
86.1416.440.10%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.987.010.55%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Hind Rectifiers Limited is engaged in developing, designing, manufacturing and marketing power semiconductor, power electronic equipment and railway transportation equipment.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 15.13%, vs industry avg of 9.15%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.48% to 0.58%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 1.16%, vs industry avg of -3.05%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue94.55111.94126.13256.21300.10305.46372.44359.36518.16590.46
Raw Materialssubtract77.8473.4790.76193.00221.87229.12289.56290.29381.72536.58
Power & Fuel Costsubtract1.481.521.561.831.921.882.262.584.17
Employee Costsubtract16.5118.7318.2822.3129.8032.7436.6439.0752.35
Selling & Administrative Expensessubtract5.926.046.419.1012.738.9313.1414.5121.36
Operating & Other expensessubtract-9.8714.80-1.172.77-4.6912.427.847.9620.04
Depreciation/Amortizationsubtract1.582.002.312.724.073.834.495.147.458.14
Interest & Other Itemssubtract3.275.165.957.838.159.187.358.5013.4014.02
Taxes & Other Itemssubtract-0.68-2.660.704.867.762.033.36-2.325.187.96
EPS-0.97-4.580.837.1211.163.224.71-3.787.2913.86
DPS0.000.000.000.400.800.400.400.001.201.20
Payout ratio0.000.000.000.060.070.120.080.000.160.09

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual Report Unavailable

Investor Presentation

Mar 10PDF
FY 2019

Annual Report Unavailable

FY 2020

Annual Report Unavailable

 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Hind Rectifiers Ltd163.8716.440.10%
Havells India Ltd81.9313.980.54%
Polycab India Ltd56.7012.270.45%
Apar Industries Ltd44.069.380.56%

Price Comparison

Compare HIRECT with any stock or ETF
Compare HIRECT with any stock or ETF
HIRECT
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.05%0.00%0.02%5.97%49.96%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep6.26%6.26%5.72%5.76%5.82%5.97%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 25, 2024

Final
Final | Div/Share: ₹1.20

Dividend/Share

1.20

Ex DateEx Date

Jul 25, 2024

Cash Dividend

Ex DateEx DateAug 1, 2022

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Aug 1, 2022

Cash Dividend

Ex DateEx DateAug 4, 2021

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Aug 4, 2021

Cash Dividend

Ex DateEx DateSep 7, 2020

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Sep 7, 2020

Cash Dividend

Ex DateEx DateJul 30, 2019

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Jul 30, 2019

News & Opinions
Earnings
Hind Rectifiers standalone net profit rises 156.03% in the September 2024 quarter

Net profit of Hind Rectifiers rose 156.03% to Rs 10.19 crore in the quarter ended September 2024 as against Rs 3.98 crore during the previous quarter ended September 2023. Sales rose 25.66% to Rs 165.84 crore in the quarter ended September 2024 as against Rs 131.98 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales165.84131.98 26 OPM %11.048.05 - PBDT15.047.88 91 PBT12.936.00 116 NP10.193.98 156 Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Hind Rectifiers hits the roof after Q2 PAT soars to Rs 10 cr

Profit before tax (PBT) surged to Rs 12.93 crore in Q2 FY25, up 115.86% from Rs 5.99 crore in Q2 FY25. Total expenses grew 21.39% YoY to Rs 153.04 crore in September 2024 quarter. Cost of materials consumed stood at Rs 127.77 crore (up 21.4%) while employee benefits expenses were at Rs 15.73 crore (up 16% YoY) during the period under review. On half year basis, the company's net profit spiked 191.48% to Rs 17.11 crore on 31.28% increase in revenue from operations to Rs 301.37 crore in H1 FY25 over H1 FY24. Hind Rectifiers is engaged in developing, designing, manufacturing and marketing of electronic, electrical and electro-mechanical equipment, power electronic equipment & railway traction equipments.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Hind Rectifiers to hold board meeting

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Hind Rectifiers wins orders of Rs 73 cr

Hind Rectifiers has secured orders valued at Rs 73 crore from Indian Railways. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Hind Rectifiers wins order of Rs 98 cr from Indian Railways

Hind Rectifiers has received an order of Rs 98 crore from Indian Railways. With this order, the company now has the highest pending orders in its history, totaling Rs. 867 crore as of 28 September 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Hind Rectifiers hits the roof on bagging order

The domestic order is to be executed in fiscal year 2025-26. The company's current market capitalisation is Rs 1,468.11 crore on the BSE. Hind Rectifiers is engaged in developing, designing, manufacturing and marketing of electronic, electrical and electro-mechanical equipment, power electronic equipment & railway traction equipments. Standalone net profit of Hind Rectifiers soared 264.74% to Rs 6.93 crore on 38.89% rise in net sales to Rs 135.53 crore in Q1 June 2024 over Q1 June 2023. Powered by Capital Market - Live

1 month agoCapital Market - Live

Hind Rectifiers standalone net profit rises 264.74% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Hind Rectifiers standalone net profit rises 264.74% in the June 2024 quarter

Net profit of Hind Rectifiers rose 264.74% to Rs 6.93 crore in the quarter ended June 2024 as against Rs 1.90 crore during the previous quarter ended June 2023. Sales rose 38.89% to Rs 135.53 crore in the quarter ended June 2024 as against Rs 97.58 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales135.5397.58 39 OPM %10.686.80 - PBDT11.734.18 181 PBT9.722.63 270 NP6.931.90 265 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Hind Rectifiers to hold board meeting

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Hind Rectifiers soars 18% as new plant kicks off commercial production

1 year agoBusiness Standard