Hind Rectifiers Limited - Company Profile

Q: Who are the current directors of Hind Rectifiers Limited?

The current directors of Hind Rectifiers Limited are Vandan Sitaram Shah, Parimal Merchant, Manoj Rajgopalan Nair, Anil Kumar Mathura Prasad Nemani, Suramya Nevatia Saurabh, Ashlesha Rajeev Bodas, Anil Manohar Lal Mehta, Akshada Suramya Nevatia, Meenakshi Anchlia, Vishal Pradip Kumar Pacheriwala, Suramya Saurabh Nevatia.

It is a energy and power public limited company based in Mumbai, Maharashtra, India, established in 1958.

1958 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

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About Hind Rectifiers Limited

Hind Rectifiers Limited, a active public limited company, was established on 25 April 1958 in Mumbai, Maharashtra, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: L28900MH1958PLC011077. Registered under ROC Roc Mumbai. it is listed on BSE: 504036 and NSE: HIRECT. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹3.44 Cr.

Formerly known as Hind Rectifiers Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹518.16 Cr and a net worth of ₹124.53 Cr. Employing 567 professional, Its leadership includes Vandan Sitaram Shah (Director), Parimal Merchant (Director), Manoj Rajgopalan Nair (Ceo). Past directors included Vijay Kumar Bhartia, Vandan Sitaram Shah, Akhil Kishorlal Marfatia. It holds ₹290.07 Cr open charges and ₹112.97 Cr settled loans. Its latest AGM occurred on 29 July 2025, with the balance sheet filed on 31 March 2025. It is based at Lake Road, Bhandup West, Mumbai, Maharashtra, 400078.

Company Details

CIN/LLPIN
L28900MH1958PLC011077
Registration Number
011077
Incorporation Date
25 April 1958
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹3.44 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 504036, NSE: HIRECT)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 22-12-2025
Paid Up Capital ₹ 3.44 Cr as on 22-12-2025
Company Age 68 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 290.07 Cr as on 22-12-2025
Satisfied Charges ₹ 112.97 Cr as on 22-12-2025
Revenue Growth **** 44.19% (FY 2024)
Profit Growth **** 296.61% (FY 2024)
Ebitda **** 193.17% (FY 2024)
Net Worth 11.47% (FY 2024)
Total Assets **** 13.25% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Hind Rectifiers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hind Rectifiers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vandan Sitaram Shah	Director	15 Jan 2017	Current
Parimal Merchant	Director	07 Feb 2013	Current
Manoj Rajgopalan Nair	Ceo	10 Oct 2025	Current
Anil Kumar Mathura Prasad Nemani	Nodal Officer	11 Nov 2025	Current
Ashlesha Rajeev Bodas	Director	26 Jun 2020	Current
Akshada Suramya Nevatia	Whole-Time Director	15 Jan 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	13 Aug 2024	Past
Pramod Abcsdd	Additional Director	08 Sep 2017	Past
Pramod Abcsdd	Additional Director	31 May 2013	Past
Pramod Abcsdd	Director	11 Aug 2018	Past
Pramod Abcsdd	Director	07 Aug 2012	Past
Pramod Abcsdd	Director	11 Jan 2015	Past

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Financial Performance of Hind Rectifiers.

Hind Rectifiers Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 44.19% increase. The company also saw a substantial improvement in profitability, with a 296.61% increase in profit. The company's net worth Soared by an impressive increase of 11.47%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

44.19%

*******

Revenue from Operations

*******

44.13%

*******

Total Assets

*******

13.25%

*******

Profit or Loss

*******

296.61%

*******

Net Worth

*******

11.47%

*******

EBITDA

*******

193.17%

*******

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What is the Ownership and Shareholding Structure of Hind Rectifiers?

In 2023, Hind Rectifiers had a promoter holding of 44.08% and a public holding of 55.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,900,672,000.00

Satisfied Charges

₹1,129,688,282.00

Charges Breakdown by Lending Institutions

Others : 289.25 Cr
Standard Chartered Bank : 0.65 Cr
Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Nov 2024	Others	₹41.90 Cr	Open
27 Sep 2024	Standard Chartered Bank	₹6.50 M	Open
20 Jun 2024	Others	₹1.30 Cr	Open
19 Jan 2024	Others	₹5.00 M	Open
09 Mar 2022	Hdfc Bank Limited	₹1.67 M	Open

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How Many Employees Work at Hind Rectifiers?

Hind Rectifiers has a workforce of 567 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hind Rectifiers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hind Rectifiers's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hind Rectifiers

Recent Activity within the Organization

Director Appointment

Progress on Anil Kumar Mathura Prasad Nemani was appointed as a Nodal Officer was appointed as a Nodal Officer on 11 Nov 2025 & has been associated with this company since 7 months 22 days . was documented.
11 Nov 2025
Charges

The activity A charge registered on 06 Dec 2023 via Charge ID 100836436 with Tjsb Sahakari Bank Limited was fully satisfied on 17 Oct 2025. was completed.
17 Oct 2025
Director Appointment

The activity Manoj Rajgopalan Nair was appointed as a CEO was appointed as a CEO on 10 Oct 2025 & has been associated with this company since 8 months 23 days . was completed.
10 Oct 2025
Charges

Progress on A charge registered on 04 Jul 2022 via Charge ID 100591787 with Hdfc Bank Limited was fully satisfied on 06 Oct 2025. was documented.
06 Oct 2025
Annual General Meeting

Hind Rectifiers Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records. was recorded as a recent event.
29 Jul 2025
Charges

Progress on A charge with Others of Rs. 62.00 Cr registered on 04 May 2021 with Charge ID 100443239 was modified on 29 Apr 2025. was documented.
29 Apr 2025

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