Hind Rectifiers Ltd
HIRECTHind Rectifiers Ltd
HIRECT
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 108.20 | 20.64 | 0.08% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Hind Rectifiers Limited is engaged in developing, designing, manufacturing and marketing power semiconductor, power electronic equipment and railway transportation equipment.
Peers
Compare with peersPolycab India Ltd
Havells India Ltd
Kaynes Technology India Ltd
Apar Industries Ltd
V Guard Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 94.55 | 111.94 | 126.13 | 256.21 | 300.10 | 305.46 | 372.44 | 359.36 | 518.16 | 590.46 | ||||||||||
Raw Materials | 77.84 | 73.47 | 90.76 | 193.00 | 221.87 | 229.12 | 289.56 | 290.29 | 381.72 | 536.58 | ||||||||||
| Power & Fuel Cost | 1.48 | 1.52 | 1.56 | 1.83 | 1.92 | 1.88 | 2.26 | 2.58 | 4.17 | |||||||||||
| Employee Cost | 16.51 | 18.73 | 18.28 | 22.31 | 29.80 | 32.74 | 36.64 | 39.07 | 52.35 | |||||||||||
| Selling & Administrative Expenses | 5.92 | 6.04 | 6.41 | 9.10 | 12.73 | 8.93 | 13.14 | 14.51 | 21.36 | |||||||||||
| Operating & Other expenses | -9.87 | 14.80 | -1.17 | 2.77 | -4.69 | 12.42 | 7.84 | 7.96 | 20.04 | |||||||||||
EBITDA | 2.67 | -2.62 | 10.29 | 27.20 | 38.47 | 20.37 | 23.00 | 4.95 | 38.52 | 53.88 | ||||||||||
| Depreciation/Amortization | 1.58 | 2.00 | 2.31 | 2.72 | 4.07 | 3.83 | 4.49 | 5.14 | 7.45 | 8.14 | ||||||||||
| PBIT | 1.09 | -4.62 | 7.98 | 24.48 | 34.40 | 16.54 | 18.51 | -0.19 | 31.07 | 45.74 | ||||||||||
| Interest & Other Items | 3.27 | 5.16 | 5.95 | 7.83 | 8.15 | 9.18 | 7.35 | 8.50 | 13.40 | 14.02 | ||||||||||
| PBT | -2.18 | -9.78 | 2.03 | 16.65 | 26.25 | 7.36 | 11.16 | -8.69 | 17.67 | 31.72 | ||||||||||
| Taxes & Other Items | -0.68 | -2.66 | 0.70 | 4.86 | 7.76 | 2.03 | 3.36 | -2.32 | 5.18 | 7.96 | ||||||||||
| Net Income | -1.50 | -7.12 | 1.33 | 11.79 | 18.49 | 5.33 | 7.80 | -6.37 | 12.49 | 23.76 | ||||||||||
| EPS | -0.97 | -4.58 | 0.83 | 7.12 | 11.16 | 3.22 | 4.71 | -3.78 | 7.29 | 13.86 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.40 | 0.80 | 0.40 | 0.40 | 0.00 | 1.20 | 1.20 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.06 | 0.07 | 0.12 | 0.08 | 0.00 | 0.16 | 0.09 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Hind Rectifiers Ltd | 205.83 | 20.64 | 0.08% |
| Polycab India Ltd | 62.75 | 13.58 | 0.40% |
| Havells India Ltd | 84.32 | 14.39 | 0.53% |
| Kaynes Technology India Ltd | 221.94 | 16.35 | — |
Price Comparison
Compare HIRECT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
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
Dividend/Share
₹1.20
Ex DateEx Date
Jul 25, 2024
Cash Dividend
Ex DateEx DateAug 1, 2022
Dividend/Share
₹0.40
Ex DateEx Date
Aug 1, 2022
Cash Dividend
Ex DateEx DateAug 4, 2021
Dividend/Share
₹0.40
Ex DateEx Date
Aug 4, 2021
Cash Dividend
Ex DateEx DateSep 7, 2020
Dividend/Share
₹0.80
Ex DateEx Date
Sep 7, 2020
Cash Dividend
Ex DateEx DateJul 30, 2019
Dividend/Share
₹0.40
Ex DateEx Date
Jul 30, 2019
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
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
Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live
Hind Rectifiers has secured orders valued at Rs 73 crore from Indian Railways. Powered by Capital Market - Live
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
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
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
Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live
Hind Rectifiers soars 18% as new plant kicks off commercial production
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.13%, vs industry avg of 9.14%
Increasing Market Share
Over the last 5 years, market share increased from 0.47% to 0.58%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 1.16%, vs industry avg of -3.04%