Hirect Limited·ELECTRICAL COMPONENTS 63.47RAILWAYS 47.41·Industrial Manufacturing Companies

2026-08-21 NSE BSE Web 20% Result 11 Aug

Price

1,273.7

-0.37%
O:1275
H:1329.5
L:1265
C:1273.7

52W Range

565.21399
+125%/-9%

Market Cap

₹4,377.99 Cr

Traded: ₹13.84 Cr (0.32%) 0.0x

Free Float: ₹1,587.02 Cr (0.87% of FF traded)

Volume · 60D trend

1.06 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-5% 3M:+11% 6M:+42% 12M:+72%

Valuation

P/E106.0
P/B20.9
P/S4.2
EV/EBIT29.1

Business Strength

ROE25.6%
ROCE21.6%
OPM8.5%
NPM3.9%

Growth (3Y CAGR)

EPS+21.1%
Sales--
Profit--
3Y Return+93.0%

Balance Sheet

Debt/Equity1.1
Debt237 Cr
Pledge6.8%
CWIP/Fixed Asset5.1%

Cash Position

CFO/NP220.5%
FCF-11.6 Cr
FCF 3Y Avg22.8 Cr
Cash/MCap--

Others

Div Yield0.1%
Div Payout11.0%
Cash Conv. Cycle105 days
Tradeable Free Float36.3%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 18.98 Cr
1.20% FF
60d high
₹ 21.80 Cr
60d low
₹ 12.24 Cr
60d mean
₹ 15.87 Cr
vs mean
▲ 19.58%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
--
+22.0%
--
--
--
Return
+41.0%
+73.0%
+93.0%
+31.0%
--
Stable
Profit
--
--
--
--
-9.0%
--
Sales
--
--
--
--
+42.0%
--

Quarterly Results

Jun 2026

11 Aug
Rev
258 Cr
+20% YoY-8% QoQ
OPM5.1%
NPM2.5%
PAT
--7 Cr
EPS
-26% YoY2.7

Mar 2026

16 May
Rev
280 Cr
+51% YoY+1% QoQ
OPM3.0%
NPM-0.6%
PAT
-129% YoY-2 Cr
EPS
-55% YoY1.3

Dec 2025

11 Feb
Rev
277 Cr
+64% YoY+22% QoQ
OPM9.2%
NPM4.6%
PAT
+37% YoY13 Cr
EPS
+26% YoY3.7

Sep 2025

PDF
Rev
227 Cr
+37% YoY+6% QoQ
OPM11.4%
NPM6.5%
PAT
+44% YoY15 Cr
EPS
+44% YoY4.3

Jun 2025

PDF
Rev
215 Cr
+58% YoY+16% QoQ
OPM11.3%
NPM6.0%
PAT
+84% YoY13 Cr
EPS
+84% YoY3.7

Mar 2025

PDF
Rev
185 Cr
+22% YoY+10% QoQ
OPM10.8%
NPM5.4%
PAT
+95% YoY10 Cr
EPS
+95% YoY2.9

Dec 2024

PDF
Rev
169 Cr
+24% YoY+2% QoQ
OPM10.4%
NPM5.9%
PAT
+23% YoY10 Cr
EPS
+564% YoY2.9

Sep 2024

PDF
Rev
166 Cr
--+22% QoQ
OPM11.0%
NPM6.1%
PAT
--10 Cr
EPS
--3.0

Jun 2024

PDF
Rev
136 Cr
---10% QoQ
OPM10.7%
NPM5.1%
PAT
--7 Cr
EPS
--2.0

Mar 2024

PDF
Rev
151 Cr
--+11% QoQ
OPM8.9%
NPM3.4%
PAT
--5 Cr
EPS
--1.5

Dec 2023

PDF
Rev
137 Cr
----
OPM9.9%
NPM1.1%
PAT
--2 Cr
EPS
--0.4

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.17
Interest Coverage32.3x
Promoter Pledge6.8%
Borrowings245 Cr

Efficiency

Receivable Days90 days
Inventory Days74 days
Payable Days59 days
Cash Conversion cycle105 days

Cash Position

Operating Cash Flow86 Cr
Investing Cash Flow-90 Cr
Financing Cash Flow8 Cr
Free Cash Flow-12 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sales258280277227215185169166136151137
Expenses245271252201191165151148121138123
Operating Profit138262624201818141413
OPM %5.1%3.0%9.2%11.4%11.3%10.8%10.4%11.0%10.7%8.9%9.9%
Other Income80-10001010-7
Interest54544433343
Depreciation54433222222
Profit Before Tax1211520181413131081
Tax %44.0%285.9%17.1%25.1%29.5%28.7%25.6%21.2%28.7%33.8%-14.4%
Net Profit7-2131513101010752
Exceptional Items---1-10000000-7
EPS (Rs)2.71.33.74.33.72.92.93.02.01.50.4
Sales Growth (YoY)20.3%51.2%64.2%37.0%58.5%22.3%23.6%--------
Sales Growth (QoQ)-7.6%0.9%22.1%5.8%16.1%9.5%1.9%22.4%-10.5%10.8%--
OP Growth (YoY)-45.4%-57.6%44.9%41.3%67.3%47.4%30.8%--------
OP Growth (QoQ)56.8%-67.0%-1.3%6.9%21.7%12.9%-3.7%26.5%7.3%0.1%--
Profit Growth (YoY)---129.0%37.0%44.0%84.0%95.0%23.0%--------
EPS Growth (YoY)-26.3%-55.0%26.4%44.1%84.2%95.3%563.6%--------
EPS Growth (QoQ)109.2%-64.5%-13.8%15.1%27.8%-0.3%-1.7%47.0%35.6%238.6%--
OP Margin5.1%3.0%9.2%11.4%11.3%10.8%10.4%11.0%10.7%8.9%9.9%
Net Margin2.5%-0.6%4.6%6.5%6.0%5.4%5.9%6.1%5.1%3.4%1.1%
Material Cost %--75.0%72.0%75.0%74.0%74.0%74.0%72.0%72.0%75.0%73.0%
Employee Cost %--14.0%13.0%8.0%9.0%9.0%9.0%9.0%11.0%9.0%11.0%
P/S4.204.453.603.06--------------
P/E105.97115.1432.3951.28--------------
P/B20.9521.2617.1212.83--------------

Shareholding Pattern

Shareholders:22.2K (+149.1%)
Current MixJul 2026

Exchange Filings

50
Company Update21 Aug 2026

Crisil reaffirmed earlier rating

Company Update18 Aug 2026

Q1FY27 Earnings Conference Call Transcript

Company Update17 Aug 2026

Intimation regarding the dispatch of Dividend

Company Update14 Aug 2026

Intimation of Schedule of Analyst / Institutional Investor meetings

Company Update12 Aug 2026

Q1FY27 Earnings Conference Call Recording

Company Update12 Aug 2026

Newspaper Publication

Company Update11 Aug 2026

Press Release - Hirect Limited reports healthy performance driven by sustained business momentum

Company Update11 Aug 2026

Investor Presentation on the unaudited financial results for the quarter ended on June 30, 2026.

AGM/EGM11 Aug 2026

Scrutinizer Report

AGM/EGM11 Aug 2026

Proceedings of the 68th Annual General Meeting (AGM) of the Company

Company Update11 Aug 2026

Resignation of Mr. Douglas J. Bailey as Global Chief Executive Officer and Senior Management Personnel

Company Update11 Aug 2026

Appointment of Mr. Chidambaram Balakrishnan as a Global Chief Executive Officer and Senior Management Personnel

Company Update11 Aug 2026

Appointment of Mr. Anil Kumar Nemani as an Additional Director and a Whole-Time Director, to be designated as Executive Director and Chief Financial Officer

Company Update11 Aug 2026

Appointment of Mr. Rahul Rai as an Additional Director (Non-Executive Independent Director).

Result11 Aug 2026

Approval of unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026

Board Meeting11 Aug 2026

Approval of unaudited standalone and consolidated financial results of the Compnay for the quarter ended June 30, 2026

Board Meeting04 Aug 2026

Hind Rectifiers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Intimation of the Board Meeting ....

Company Update27 Jul 2026

Hirect secures maiden MEMU Trainset order, marking entry into next-generation Rail Systems

Company Update27 Jul 2026

Hirect Secures First Vande Metro Development Order, Expands Presence in Next Generation Trainset Applications

Company Update26 Jul 2026

The Company has secured its maiden order for Mainline Electric Multiple Unit (MEMU) trainsets from Modern Coach Factory

Company Update25 Jul 2026

The Company has secured its first development order for Vande Metro (Namo Bharat) trainset from Indian Railways.

Company Update24 Jul 2026

Change in Name of the Company from Hind Rectifiers Limited to Hirect Limited.

Company Update21 Jul 2026

Pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations, we hereby inform you that pursuant to the approval granted by the Board of Directors of the Company at its meeting ....

Company Update15 Jul 2026

Newspaper publication regarding notice of AGM and e-voting information.

Company Update14 Jul 2026

Physical letter to Shareholders pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Others14 Jul 2026

Annual Report for the financial year 2025-2026

AGM/EGM14 Jul 2026

Notice of 68th Annual General Meeting of the Company

Company Update11 Jul 2026

Intimation of 68th Annual General Meeting through newspapers.

Corp. Action10 Jul 2026

Intimation of Record date for payment of final dividend for FY 2025-26

AGM/EGM10 Jul 2026

Intimation of 68th Annual General Meeting of the Company.

AGM/EGM10 Jul 2026

Results of the Postal Ballot e-voting along with Scrutinizer's Report

AGM/EGM10 Jul 2026

Results of the Postal Ballot e-voting along with Scrutinizer's Report

Company Update04 Jul 2026

Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.

Company Update25 Jun 2026

Incorporation of a Wholly Owned Subsidiary in Dubai International Financial Centre, United Arab Emirates

Insider Trading / SAST25 Jun 2026

The Trading Window for dealing in the securities of the Company by Designated persons and their immediate relatives shall remain closed from July 01, 2026, till 48 hours after the declaration ....

Company Update22 Jun 2026

Disclosure of sale of part of non-operational Dehradun Plant

Company Update18 Jun 2026

Intimation to the holders of physical securities to furnish KYC details

AGM/EGM16 Jun 2026

Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, enclosed herewith voting results of Postal ballot in the format as prescribed along ....

Company Update11 Jun 2026

Newspaper Publication of Postal Ballot Notice

Others10 Jun 2026

Outcome of the Board meeting

Company Update10 Jun 2026

Approval of Board of Directors for the increase in Authorised Share Capital of the Company subject to shareholders approval.

Company Update10 Jun 2026

Board of Directors of the Company at its meeting held today i.e. on Wednesday, June 10, 2026 has approved change of name of the Company to 'Hirect Limited', subject to approval of the shareholders ....

Company Update10 Jun 2026

Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the allotment of 10,86,366 on a preferential basis to certain identified ....

AGM/EGM10 Jun 2026

Postal Ballot Notice - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Company Update08 Jun 2026

Intimation of Schedule of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015

Company Update22 May 2026

The officials of the Company will be attending the Investor Conference call organized by the 360 One Capital (B&K) - Trinity India 2026 on May 28, 2026

Company Update22 May 2026

Q4 & FY26 Earnings Conference Call Transcript

Company Update21 May 2026

Annual Secretarial Compliance Report 2025-26

Company Update18 May 2026

Newspaper Publication of Audited Financial Results of FY 2025-26

Company Update18 May 2026

Newspaper Publication of Postal Ballot Notice

Annual Reports

16

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

Credit Ratings

6
crisilRating update
02 Sept 2025Report
crisilRating update
06 Jan 2025Report
crisilRating update
10 Jul 2024Report
crisilRating update
18 Jan 2024Report
crisilRating update
30 Jun 2023Report
crisilRating update
13 Feb 2023Report

Concalls

5

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025