Hind Rectifiers Limited
NSE: HIRECTMarket Closed • NSE
Day range
52 week range
Hind Rectifiers Limited closed at INR1116.20 (+1.95%) on volume 1.36x its 20-day average, trading 20.21% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved -64.5% QoQ
2026-08-04
DIVIDEND Announced
Dividend - Rs 1.40 Per Share
2026-03-27
BONUS Announced
Bonus 1:1
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
High Cash Flow Conversion: CFO/PAT averaged 1.64x over last 3 years
Risks
Stretched Valuation: Trading at a high P/E multiple of 90.8x
Bull case
Market Leadership: Established operational scale in Electrical Equipment & Parts.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 04 Aug 2026 | Dividend | ₹1.40 / share | — | 04 Aug 2026 |
| 27 Mar 2026 | Bonus issue | 1:1 bonus ratio | — | 27 Mar 2026 |
| 22 Jul 2025 | Dividend | ₹2.00 / share | — | 22 Jul 2025 |
| — | Dividend | ₹1.20 / share | — | 25 Jul 2024 |
| — | Dividend | ₹0.40 / share | — | 01 Aug 2022 |
| — | Dividend | ₹0.40 / share | — | 04 Aug 2021 |
| — | Dividend | ₹0.80 / share | — | 07 Sept 2020 |
| — | Dividend | ₹0.40 / share | — | 30 Jul 2019 |
| — | Annual General Meeting | Annual General Meeting | — | 01 Aug 2018 |
| 18 Oct 2017 | Rights issue | Rights 1:10 @ Premium Rs 78/- | — | 17 Oct 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 24 Aug 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Jul 2016 |
| — | Annual General Meeting | Annual General Meeting | — | 07 Aug 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
Larsen & Toubro LimitedLT Open analysis | ₹4.99L | 30.09 | 1.05% | ₹67,942.00 | ₹4,988.00 | +6.69% | +15.52% |
Adani Ports and Special Economic Zone LimitedADANIPORTS Open analysis | ₹4.03L | 29.88 | 0.43% | ₹10,821.00 | ₹3,650.00 | +18.57% | +10.24% |
Hindustan Aeronautics LimitedHAL Open analysis | ₹3.34L | 35.79 | 0.92% | ₹5,515.00 | ₹1,590.00 | +14.44% | +14.88% |
Bharat Electronics LimitedBEL Open analysis | ₹2.75L | 44.86 | 0.66% | ₹5,547.00 | ₹1,055.00 | +24.93% | +8.88% |
InterGlobe Aviation LimitedINDIGO Open analysis | ₹1.81L | — | 0.00% | ₹24,584.10 | -₹237.60 | +19.95% | -110.92% |
Bharat Heavy Electricals LimitedBHEL Open analysis | ₹1.51L | 52.55 | 0.32% | ₹7,697.72 | ₹381.91 | +40.29% | +183.84% |
ABB India LimitedABB Open analysis | ₹1.44L | 92.64 | 0.43% | ₹3,559.00 | ₹362.00 | +21.05% | +2.84% |
CG Power and Industrial Solutions LimitedCGPOWER Open analysis | ₹1.33L | 106.68 | 0.16% | ₹3,281.00 | ₹308.00 | +14.00% | +15.36% |
Hind Rectifiers Limited designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally. The company provides traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, and electrical switch boards and railway equipment, as well as electronic safety protection devices and rolling stock HVAC systems for railway. It also offers industrial electrostatic precipitator systems, rectifiers, active harmonic filters, and DC air cored reactors. In addition, the company provides repairing and servicing, AMC and erectioning, and commissioning services. Its products are used in electro static precipitator, electro chemical, and other applications. Hind Rectifiers Limited was incorporated in 1958 and is based in Mumbai, India.
IndiaIndustrials
Is Hind Rectifiers Limited Shariah compliant?
Hind Rectifiers Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (6.18%) complies with AAOIFI threshold (≤ 33%).
What is Hind Rectifiers Limited's current valuation relative to peers?
Hind Rectifiers Limited trades at a P/E of 90.8x compared to the sector median of 28.1x, and a Price-to-Book of 18.4x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 1.19x. Interest coverage is 4.4x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 31.4% while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.

