Companies›Industrials›Capital Goods›Electrical Equipment
NSE:RIR

RIR POWER ELECTRONICS L

Capital Goods › Electrical Equipment
₹144.10
at close · 27 Oct 2026
▼ 4.90 (-3.29%)
ThemesSemiconductors & Electronics· coreDefence· growingElectric Vehicles· announced

Latest filings

  1. Q2 FY2026-27 earnings call audio recording shared · Investor Communications
  2. Q2 FY27 PAT rises 41%; Odisha SiC facility nears commercial production · Compliance
  3. Q2 and H1 FY27 revenue rises 32.5 percent, profit rises 41.2 percent · Results
All filings ↓
Ask Nexa about RIR POWER ELECTRONICS L

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures high-power semiconductor devices, including silicon-controlled rectifier (SCR) thyristors, press-pack SCRs, Silicon Carbide (SiC) MOSFETs, MPS diodes and high-voltage capacitor discharge switches, sold to defence, railway, HVDC transmission, industrial and EV customers. End-uses referenced in management commentary include Indian Army high-power switches and rocket launcher rectifiers, Indian Railways, BHEL, data centres, AI infrastructure and HVDC links. The current operating base is a plant at Halol, Gujarat, supported by a 25kV 120kA capacitor discharge switch development, a 10 MW rocket launcher rectifier and a 10 kV/200 kA Army switch; the company is replacing ABB in Indian defence high-power switch applications. FY26 order intake was Rs 90.2 cr with a closing backlog of Rs 17.4 cr, of which 20% of orders came from overseas customers, and the first overseas order is 120 units of 5kV 125mm press-pack SCR thyristors for a US HVDC customer, to be delivered in phases through end-2026. A new Silicon Carbide (SiC) epitaxy and fabrication facility is being built in Bhubaneswar, Odisha — total project capex Rs 618 cr, of which Rs 120 cr has been spent — with epitaxy operations guided to start in Q2 FY27 once 33kV power is available. The cost shape is materials-heavy (60.2% of revenue) and capex-heavy (29.4% of revenue), reflecting the Odisha SiC build-out.

Operating scale
Halol plant
Gujarat manufacturing facility for high-power semiconductor devicesFY26
Odisha SiC plant project capex
Rs 618 cr total (Rs 120 cr spent)FY26
FY26 order intake
Rs 90.2 crFY26
FY26 closing order backlog
Rs 17.4 crFY26
First overseas order
120 units of 5kV 125mm press-pack SCR thyristor for US HVDC, delivery by end-2026
Overseas share of FY26 orders
20%FY26
Who pays it
Indian Army, Indian Railways, BHEL, HVDC transmission developers, overseas Class I electrical EPC contractors, industrial and EV OEMs.
Biggest cost
Materials, at 60.2% of FY26 revenue.
Kind of business
Capex-heavy, niche high-power semiconductor manufacturer; transitioning into vertically integrated Silicon Carbide device production.
Where it sits
Described in earnings calls as the only Indian company supplying high-voltage/high-power semiconductor components to the Indian Army, Indian Railways and BHEL, and as an active displacer of ABB in Indian defence high-power switch applications.
Market Cap
₹1,147 Cr
P / E (TTM)
22.1×
EV / EBITDA
70.2×
Div Yield
0.13%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
12.5%▲
ROCE (5y median)
ROE 10.8% (5y median) · margin 15.3%
Leverage
0.08·
Debt / Equity · low
Net debt ₹10 Cr
Revenue FY22→FY26
2.1×▲
Margin +2.1 pts
₹42 Cr → ₹91 Cr
Cash conversion
-0.64×▼
Operating cash ÷ profit · 5 yrs
₹-20 Cr on ₹31 Cr
Moves on a normal day
1.45%·
Median daily move
Last 69 sessions · the yardstick for filing-day moves
Where it sits among 56 Other Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#26/52
P/B#42/49
ROCE#41/55
ROE#38/50
Debt / Equity#14/50
EBITDA margin#24/51
Revenue growth#24/46
Profit growth#29/45

Scorecard

Measured from the filed financials, judged against its Other Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Debt at 0.08× equity
lower than 74% of its 50 Other Electrical Equipment peers
Concerns
Over 5 years it reported ₹31 Cr of profit and an operating cash outflow of ₹20 Cr — -0.64×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 158 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

RIR · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from RIR POWER ELECTRONICS L's filed financials and exchange disclosures

What does RIR POWER ELECTRONICS L do?

RIR POWER ELECTRONICS L is a Electrical Equipment company listed on NSE and BSE, trading under the symbol RIR.

Is RIR POWER ELECTRONICS L profitable?

Yes. Over the trailing twelve months RIR POWER ELECTRONICS L reported a net profit of ₹9.91 Cr on revenue of ₹97 Cr.

Does RIR POWER ELECTRONICS L pay a dividend?

Yes. The dividend yield is 0.13% at the current price. It paid out 19% of its profit as dividend in FY26.

Is RIR POWER ELECTRONICS L debt-free?

No. It reported borrowings of ₹11 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹10 Cr after cash. Debt stands at 0.08× equity. That is lower than 74% of its 50 Other Electrical Equipment peers.

Is RIR POWER ELECTRONICS L expensive compared with its peers?

On trailing P/E, RIR POWER ELECTRONICS L ranks 26 of 52 in Other Electrical Equipment — cheaper than 51% of them, against an industry median of 22.6×. This is a position, not a valuation judgement.

How much does the RIR POWER ELECTRONICS L share price move in a day?

On a typical session RIR POWER ELECTRONICS L moves 1.45% — that is the median absolute close-to-close move across its last 69 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RIR POWER ELECTRONICS L's announcements?

Every NSE and BSE filing by RIR POWER ELECTRONICS L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.