Investors Presentation is attached
HIRECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hind Rectifiers reported FY26 consolidated revenue of Rs. 999.1 crore, up 52.5% YoY, with EBITDA of Rs. 84.1 crore (19.6% YoY growth) though EBITDA margin compressed to 8.4% from 10.7% YoY. PAT grew 21.3% to Rs. 45.0 crore. Operating cash flow surged 141% YoY to Rs. 85.8 crore. The company has a healthy order book of Rs. 845.5 crore with fresh inflows of Rs. 858.4 crore. Key strategic moves include operationalizing a CTC copper conductor facility at 350 TPM capacity and acquiring Elventive France to expand into European robotics, EMS, and defense electronics markets. The indigenous propulsion system for locomotives is in advanced validation trials. Management highlighted 42 products under development and strong industry tailwinds from Indian Railways investments.
Strong revenue growth driven by railway and industrial execution is positive, but margin compression warrants monitoring. The large order book and propulsion system development provide multi-year revenue visibility. The Elventive France acquisition opens new high-value market segments in defense and aerospace.