Press Release on the subject - RIR Power Electronics Limited Announces Q4 FY 26 Results
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RIR Power Electronics reported FY26 revenue of ₹90.87 crore, up 5.41% year-over-year from ₹86.21 crore. However, profitability declined significantly with PAT falling 18.81% to ₹6.72 crore and EBITDA margin compressing by 158 basis points to 11.64%. Q4 FY26 showed a sequential recovery with PAT jumping 212.53% quarter-on-quarter to ₹1.39 crore, though year-over-year PAT was down 45.54%. The company has a strong order backlog of approximately ₹17 crore and is building a silicon carbide semiconductor plant in Bhubaneswar, Odisha, expected to commission epitaxial wafer production in Q2 FY27.
The full-year results show margin pressure despite modest revenue growth, signaling operational cost challenges. The sequential Q4 recovery is encouraging, and the ₹17 crore order backlog provides near-term revenue visibility. The SiC plant development and new overseas SCR thyristor order are positive long-term growth catalysts.