Hind Rectifiers Limited

BSE: 504036 NSE: HIRECT
Hind Rectifiers Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L28900MH1958PLC011077 Incorporated 25 April 1958 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: HIRECT · BSE: 504036 Public Limited Company energy and power
Data last updated
Revenue · FY 2026
₹999.13 Cr
▲ 52.45% YoY
EBITDA · FY 2026
₹85.72 Cr
▲ 19.4% YoY
Net profit · FY 2026
₹38.6 Cr
▲ 4% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.44 Cr
Issued & subscribed
Open charges
₹290.07 Cr
Satisfied ₹112.97 Cr
Company age
68 yrs
Est. 1958
Employees · EPFO
567
Latest available

About Hind Rectifiers Limited

Data last updated: 22 December 2025

Hind Rectifiers Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 25 April 1958, the company has been in operation for over 68 years.

Registered with ROC Mumbai under CIN L28900MH1958PLC011077. Listed on BSE: 504036 and NSE: HIRECT.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.44 Cr. Formerly known as Hind Rectifiers Private Limited. It is led by directors including Vandan Sitaram Shah and Parimal Merchant.

Last AGM: 29 July 2025. Financial statements filed for year ended 31 March 2025. Office: Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078.

As per the financials filed for FY 2025, the company reported a revenue of ₹656.85 Cr, a growth of 27% compared to the previous year.

The company has a workforce of approximately 567 employees as per the latest available data.

The company is associated with 1 brand - Hind Rectifiers. As per MCA filings, the company has open charges of ₹290.07 Cr and satisfied charges of ₹112.97 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hirect.com.

Company Details of Hind Rectifiers Limited
CIN L28900MH1958PLC011077
Registration Number 011077
Incorporation Date 25 April 1958
ROC Mumbai
Listing Status Listed (BSE: 504036, NSE: HIRECT)
Company Status Active
Date of Last AGM 29 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Manoj Rajgopalan Nair Ceo Suramya Nevatia Saurabh Managing Director Akshada Suramya Nevatia Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    hirect.com
  • Social Media
  • Registered Address
    Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078
  • Industry
    Energy and Power, Power Equipment Manufacturers
Company report
Hind Rectifiers Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Hind Rectifiers Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Hind Rectifiers Limited

Hind Rectifiers Limited operates one associated brand: Hind Rectifiers. These brands represent Hind Rectifiers Limited's diversified market presence and brand portfolio.

Brand Description Website
Hind Rectifiers
Manufacturer of power semiconductors, power electronic and railway transportation equipment hirect.com

Business Activity of Hind Rectifiers Limited

Hind Rectifiers Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment *********

Auditor Details of Hind Rectifiers Limited

Hind Rectifiers Limited is audited by GMJ AND CO (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
GMJ AND CO (ICAI peer reviewed, certificate valid till 2027-03-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Hind Rectifiers Limited

Hind Rectifiers Limited is currently managed by 11 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vandan Sitaram Shah
Also directs: Indef Manufacturing Limited, Hercules Investments Limited, Sipra Engineers Private Limited and 1 more
Director 15 Jan 2017 9 Years 5 Months Current
Parimal Merchant
Also directs: Orion Legacy Sucess Partners Llp, Ashish Life Science Private Limited, Sunjewels Private Limited and 1 more
Director 07 Feb 2013 13 Years 5 Months Current
Manoj Rajgopalan Nair Ceo 10 Oct 2025 0 Years 8 Months Current
Anil Kumar Mathura Prasad Nemani
Also directs: Coincade Studios Private Limited
Nodal Officer 11 Nov 2025 0 Years 7 Months Current
Ashlesha Rajeev Bodas
Also directs: Arogyam Dhanasampada Enterprises Llp, Sharada Wind Power Private Limited, Vivek Constructions Pvt Ltd and 5 more
Director 26 Jun 2020 6 Years 0 Months Current
Akshada Suramya Nevatia
Also directs: Coincade Studios Private Limited, Force Motion Technology Llp, Force Motion Technology Private Limited and 1 more
Whole-Time Director 15 Jan 2017 9 Years 5 Months Current
Showing 6 of 11 current directors. View all directors

Financials of Hind Rectifiers Limited FY 2026 filings available

Hind Rectifiers Limited reported revenue of ₹999.13 Cr (up 52.45% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹999.13 Cr ▲ 52.45%
Profit · FY 2026
₹38.6 Cr ▲ 4%
EBITDA · FY 2026
₹85.72 Cr ▲ 19.4%
Revenue₹ Cr · Consolidated05001,000FY 2025: ₹655 Cr655FY 2025FY 2026: ₹999 Cr · +52.5% YoY999+52.5%FY 2026
Net Profit₹ Cr · Consolidated02040FY 2025: ₹37 Cr37.1FY 2025FY 2026: ₹39 Cr · +4% YoY38.6+4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q3'25: ₹169 Cr169Q3'25Q4'25: ₹185 Cr185Q4'25Q1'26: ₹215 Cr215Q1'26Q2'26: ₹227 Cr227Q2'26Q3'26: ₹277 Cr · +64.2% YoY277+64.2%Q3'26Q4'26: ₹280 Cr · +51.2% YoY280+51.2%Q4'26
Metrics FY 2026 FY 2025
Revenue from Operations ₹999.13 Cr ₹655.37 Cr
Other Income ₹1.65 Cr ₹1.48 Cr
Total Income ₹1,000.77 Cr ₹656.85 Cr
Cost of Materials Consumed ₹744.4 Cr ₹501.11 Cr
Purchases of Stock-in-Trade ₹0 ₹0
Changes in Inventories -₹8.39 Cr -₹22.82 Cr
Employee Benefit Expense ₹112.05 Cr ₹63.26 Cr
Finance Costs ₹15.98 Cr ₹13.19 Cr
Depreciation & Amortisation ₹13.83 Cr ₹8.49 Cr
Other Expenses ₹67 Cr ₹43.51 Cr
Total Expenses ₹944.86 Cr ₹606.74 Cr
Profit Before Exceptional Items & Tax ₹55.91 Cr ₹50.11 Cr
Exceptional Items -₹2 Cr ₹0
Profit Before Tax ₹53.91 Cr ₹50.11 Cr
Total Tax Expense ₹15.31 Cr ₹13 Cr
Net Profit ₹38.6 Cr ₹37.11 Cr
  attributable to Owners ₹45.01 Cr -
  attributable to NCI -₹6.41 Cr -
Other Comprehensive Income -₹37.2 Lakh -₹41,000
Total Comprehensive Income ₹38.23 Cr ₹37.11 Cr
EBITDA (computed) ₹85.72 Cr ₹71.79 Cr
Basic EPS ₹13.68 ₹21.64
Diluted EPS ₹13.63 ₹21.60
Metrics FY 2026 FY 2025
Total Assets ₹662.07 Cr ₹417.29 Cr
Non-current Assets ₹216.63 Cr ₹150.29 Cr
Current Assets ₹442.2 Cr ₹263.75 Cr
Property, Plant & Equipment ₹171.52 Cr ₹86.65 Cr
Inventories ₹149.11 Cr ₹120.73 Cr
Trade Receivables ₹246.42 Cr ₹109.55 Cr
Cash & Equivalents ₹3.91 Cr ₹29.34 Lakh
Equity (Net Worth) ₹205.81 Cr ₹159.87 Cr
Equity Share Capital ₹6.87 Cr ₹3.43 Cr
Borrowings (Non-current) ₹32.5 Cr ₹28.4 Cr
Borrowings (Current) ₹204.21 Cr ₹130.58 Cr
Total Debt (computed) ₹236.71 Cr ₹158.98 Cr
Current Liabilities ₹396.34 Cr ₹218.43 Cr
Total Liabilities ₹456.26 Cr ₹257.42 Cr
Metrics FY 2026 FY 2025
Operating Cash Flow ₹85.81 Cr ₹35.62 Cr
Investing Cash Flow -₹90.27 Cr -₹25.31 Cr
Financing Cash Flow ₹8.11 Cr -₹10.74 Cr
Capital Expenditure ₹97.39 Cr ₹22.72 Cr
Free Cash Flow (computed) -₹11.58 Cr ₹12.91 Cr
Dividends Paid ₹3.43 Cr ₹2.06 Cr
Net Change in Cash ₹3.85 Cr -₹41.89 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25
Revenue from Operations ₹279.82 Cr ₹277.39 Cr ₹227.15 Cr ₹214.77 Cr ₹185.05 Cr ₹168.94 Cr
Other Income ₹1.08 Cr ₹20.9 Lakh ₹12.6 Lakh ₹22.7 Lakh ₹34.11 Lakh ₹50.28 Lakh
Total Income ₹280.9 Cr ₹277.6 Cr ₹227.27 Cr ₹215 Cr ₹185.39 Cr ₹169.45 Cr
Cost of Materials Consumed ₹204.97 Cr ₹197.73 Cr ₹186.75 Cr ₹154.95 Cr ₹137.16 Cr ₹127.29 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹3.87 Cr ₹1.32 Cr -₹17.18 Cr ₹3.6 Cr -₹14.05 Lakh -₹2.51 Cr
Employee Benefit Expense ₹39.23 Cr ₹34.73 Cr ₹19.16 Cr ₹18.93 Cr ₹17.33 Cr ₹15.86 Cr
Finance Costs ₹4.09 Cr ₹4.71 Cr ₹3.56 Cr ₹3.62 Cr ₹4.02 Cr ₹2.52 Cr
Depreciation & Amortisation ₹3.85 Cr ₹4.45 Cr ₹2.81 Cr ₹2.73 Cr ₹2.21 Cr ₹2.15 Cr
Other Expenses ₹23.33 Cr ₹18.07 Cr ₹12.53 Cr ₹13.07 Cr ₹10.8 Cr ₹10.68 Cr
Total Expenses ₹279.33 Cr ₹261 Cr ₹207.63 Cr ₹196.9 Cr ₹171.38 Cr ₹155.99 Cr
Profit Before Exceptional Items & Tax ₹1.57 Cr ₹16.6 Cr ₹19.64 Cr ₹18.1 Cr ₹14.01 Cr ₹13.45 Cr
Exceptional Items -₹71.9 Lakh -₹1.28 Cr ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹84.6 Lakh ₹15.32 Cr ₹19.64 Cr ₹18.1 Cr ₹14.01 Cr ₹13.45 Cr
Total Tax Expense ₹2.44 Cr ₹2.62 Cr ₹4.92 Cr ₹5.34 Cr ₹4.01 Cr ₹3.45 Cr
Net Profit -₹1.59 Cr ₹12.7 Cr ₹14.72 Cr ₹12.77 Cr ₹9.99 Cr ₹10.01 Cr
  attributable to Owners ₹4.51 Cr ₹13.01 Cr ₹0 ₹0 - ₹0
  attributable to NCI -₹6.09 Cr -₹31.7 Lakh ₹0 ₹0 - ₹0
Other Comprehensive Income ₹23.1 Lakh ₹15 Lakh -₹76.8 Lakh ₹1.5 Lakh ₹3.13 Lakh ₹2.27 Lakh
Total Comprehensive Income -₹1.36 Cr ₹12.85 Cr ₹13.96 Cr ₹12.78 Cr ₹10.02 Cr ₹10.03 Cr
EBITDA (computed) ₹9.51 Cr ₹25.75 Cr ₹26.01 Cr ₹24.46 Cr ₹20.24 Cr ₹18.13 Cr
Basic EPS ₹1.52 ₹7.58 ₹8.58 ₹7.44 ₹5.83 ₹5.84
Diluted EPS ₹1.51 ₹7.56 ₹8.57 ₹7.42 ₹5.82 ₹5.83
Latest 6 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
CTC/ PICC/ EPICC ₹20.01 Cr -₹41.9 Lakh ₹68.41 Cr ₹46.99 Cr
Engineering Products ₹264.04 Cr ₹29.98 Cr ₹496.2 Cr ₹126.24 Cr
EMS ₹15.77 Cr -₹17.92 Cr ₹67.24 Cr ₹62.08 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
CTC/ PICC/ EPICC ₹20.75 Cr -₹1.44 Cr - -
Engineering Products ₹949.26 Cr ₹114.08 Cr - -
EMS ₹49.83 Cr -₹18.86 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹949.21 Cr ₹655.37 Cr ₹517.55 Cr ₹359.1 Cr ₹372.1 Cr ₹305.1 Cr ₹299.62 Cr
Other Income ₹96.3 Lakh ₹1.48 Cr ₹61.02 Lakh ₹25.96 Lakh ₹34.38 Lakh ₹35.74 Lakh ₹48.16 Lakh
Total Income ₹950.18 Cr ₹656.85 Cr ₹518.16 Cr ₹359.36 Cr ₹372.44 Cr ₹305.45 Cr ₹300.1 Cr
Cost of Materials Consumed ₹722.37 Cr ₹501.11 Cr ₹381.56 Cr ₹290.12 Cr ₹289.31 Cr ₹228.97 Cr ₹221.75 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹5.03 Cr -₹22.82 Cr ₹2.77 Cr -₹10.55 Cr -₹98 Lakh ₹6.69 Cr -₹12.41 Cr
Employee Benefit Expense ₹78.9 Cr ₹63.26 Cr ₹52.35 Cr ₹39.07 Cr ₹36.64 Cr ₹32.74 Cr ₹29.8 Cr
Finance Costs ₹15.85 Cr ₹13.19 Cr ₹12.73 Cr ₹8.13 Cr ₹6.88 Cr ₹8.72 Cr ₹7.32 Cr
Depreciation & Amortisation ₹12.64 Cr ₹8.49 Cr ₹7.45 Cr ₹5.14 Cr ₹4.49 Cr ₹3.83 Cr ₹4.07 Cr
Other Expenses ₹50.48 Cr ₹43.35 Cr ₹36.64 Cr ₹25.37 Cr ₹24.93 Cr ₹17.15 Cr ₹23.33 Cr
Total Expenses ₹875.19 Cr ₹606.58 Cr ₹493.48 Cr ₹357.28 Cr ₹361.28 Cr ₹298.09 Cr ₹273.86 Cr
Profit Before Exceptional Items & Tax ₹74.98 Cr ₹50.27 Cr ₹24.68 Cr ₹2.08 Cr ₹11.16 Cr ₹7.36 Cr ₹26.24 Cr
Exceptional Items -₹2 Cr ₹0 -₹6.99 Cr -₹10.77 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹72.99 Cr ₹50.27 Cr ₹17.69 Cr -₹8.68 Cr ₹11.16 Cr ₹7.36 Cr ₹26.24 Cr
Total Tax Expense ₹15.31 Cr ₹13 Cr ₹5.18 Cr -₹2.32 Cr ₹3.36 Cr ₹2.03 Cr ₹7.76 Cr
Net Profit ₹57.67 Cr ₹37.27 Cr ₹12.51 Cr -₹6.36 Cr ₹7.8 Cr ₹5.33 Cr ₹18.48 Cr
Other Comprehensive Income -₹56.7 Lakh -₹32,000 ₹4.22 Lakh ₹11.41 Lakh ₹10.05 Lakh ₹12.67 Lakh -₹17.76 Lakh
Total Comprehensive Income ₹57.1 Cr ₹37.27 Cr ₹12.55 Cr -₹6.25 Cr ₹7.9 Cr ₹5.46 Cr ₹18.3 Cr
EBITDA (computed) ₹103.47 Cr ₹71.95 Cr ₹44.85 Cr ₹15.35 Cr ₹22.53 Cr ₹19.9 Cr ₹37.63 Cr
Basic EPS ₹17.37 ₹21.73 ₹11.39 ₹-3.84 ₹4.71 ₹3.22 ₹11.16
Diluted EPS ₹17.30 ₹21.70 ₹11.35 ₹-3.84 ₹4.68 ₹3.22 ₹11.16
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹612.61 Cr ₹417.58 Cr ₹331.02 Cr ₹292.28 Cr
Non-current Assets ₹204.13 Cr ₹150.58 Cr ₹122.07 Cr ₹106.72 Cr
Current Assets ₹405.25 Cr ₹263.75 Cr ₹208.95 Cr ₹184.98 Cr
Property, Plant & Equipment ₹146.69 Cr ₹86.65 Cr ₹76.81 Cr ₹72.87 Cr
Inventories ₹135.28 Cr ₹120.73 Cr ₹96.72 Cr ₹92.44 Cr
Trade Receivables ₹227.1 Cr ₹109.55 Cr ₹89.16 Cr ₹67.56 Cr
Cash & Equivalents ₹32.1 Lakh ₹29.34 Lakh ₹32.7 Lakh ₹12.56 Lakh
Equity (Net Worth) ₹221.26 Cr ₹160.03 Cr ₹124.53 Cr ₹111.71 Cr
Equity Share Capital ₹6.87 Cr ₹3.43 Cr ₹3.43 Cr ₹3.42 Cr
Borrowings (Non-current) ₹32.5 Cr ₹28.4 Cr ₹23.35 Cr ₹24.33 Cr
Borrowings (Current) ₹189.78 Cr ₹130.58 Cr ₹105.58 Cr ₹80.26 Cr
Total Debt (computed) ₹222.28 Cr ₹158.98 Cr ₹128.93 Cr ₹104.59 Cr
Current Liabilities ₹345.86 Cr ₹218.56 Cr ₹172.92 Cr ₹150.83 Cr
Total Liabilities ₹391.35 Cr ₹257.55 Cr ₹206.49 Cr ₹180.57 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹90.68 Cr ₹35.62 Cr ₹33.9 Cr ₹8.18 Cr ₹36.27 Cr
Investing Cash Flow -₹84.76 Cr -₹25.31 Cr -₹19.47 Cr -₹29.3 Cr -₹20.6 Cr
Financing Cash Flow -₹5.66 Cr -₹10.74 Cr -₹14.26 Cr ₹21.17 Cr -₹15.95 Cr
Capital Expenditure ₹70.37 Cr ₹22.72 Cr ₹14.33 Cr ₹0 ₹20.07 Cr
Free Cash Flow (computed) ₹20.32 Cr ₹12.91 Cr ₹19.57 Cr ₹8.18 Cr ₹16.19 Cr
Dividends Paid ₹3.43 Cr ₹2.06 Cr ₹0 ₹66.25 Lakh ₹0
Net Change in Cash ₹25.6 Lakh -₹41.89 Lakh ₹16.08 Lakh ₹4.96 Lakh -₹28.22 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹264.02 Cr ₹243.27 Cr ₹227.15 Cr ₹214.77 Cr ₹185.05 Cr ₹168.94 Cr ₹165.84 Cr ₹135.53 Cr ₹151.36 Cr ₹136.63 Cr ₹131.98 Cr ₹97.58 Cr
Other Income ₹39.5 Lakh ₹20.9 Lakh ₹13 Lakh ₹22.9 Lakh ₹34.11 Lakh ₹50.28 Lakh ₹13.2 Lakh ₹50.52 Lakh ₹37.71 Lakh ₹8.2 Lakh ₹9.53 Lakh ₹5.58 Lakh
Total Income ₹264.42 Cr ₹243.48 Cr ₹227.28 Cr ₹215 Cr ₹185.39 Cr ₹169.45 Cr ₹165.98 Cr ₹136.03 Cr ₹151.74 Cr ₹136.71 Cr ₹132.08 Cr ₹97.64 Cr
Cost of Materials Consumed ₹194.79 Cr ₹185.88 Cr ₹186.75 Cr ₹154.95 Cr ₹137.16 Cr ₹127.29 Cr ₹127.77 Cr ₹108.89 Cr ₹105.81 Cr ₹99.37 Cr ₹105.25 Cr ₹71.13 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹7.23 Cr ₹1.32 Cr -₹17.18 Cr ₹3.6 Cr -₹14.05 Lakh -₹2.51 Cr -₹8.46 Cr -₹11.71 Cr ₹7.76 Cr ₹47.5 Lakh -₹7.37 Cr ₹1.9 Cr
Employee Benefit Expense ₹21.44 Cr ₹19.37 Cr ₹19.16 Cr ₹18.93 Cr ₹17.33 Cr ₹15.86 Cr ₹15.73 Cr ₹14.34 Cr ₹13.9 Cr ₹14.55 Cr ₹13.56 Cr ₹10.33 Cr
Finance Costs ₹4.01 Cr ₹4.65 Cr ₹3.56 Cr ₹3.62 Cr ₹4.02 Cr ₹2.52 Cr ₹3.4 Cr ₹3.26 Cr ₹4.13 Cr ₹3.23 Cr ₹2.84 Cr ₹2.52 Cr
Depreciation & Amortisation ₹3.7 Cr ₹3.4 Cr ₹2.81 Cr ₹2.73 Cr ₹2.21 Cr ₹2.15 Cr ₹2.11 Cr ₹2.01 Cr ₹2 Cr ₹2.02 Cr ₹1.88 Cr ₹1.55 Cr
Other Expenses ₹13.72 Cr ₹11.23 Cr ₹12.51 Cr ₹13.02 Cr ₹10.64 Cr ₹10.68 Cr ₹12.51 Cr ₹9.52 Cr ₹10.38 Cr ₹8.75 Cr ₹9.93 Cr ₹7.58 Cr
Total Expenses ₹244.88 Cr ₹225.85 Cr ₹207.61 Cr ₹196.85 Cr ₹171.23 Cr ₹155.99 Cr ₹153.04 Cr ₹126.32 Cr ₹143.99 Cr ₹128.39 Cr ₹126.08 Cr ₹95.01 Cr
Profit Before Exceptional Items & Tax ₹19.54 Cr ₹17.63 Cr ₹19.67 Cr ₹18.15 Cr ₹14.16 Cr ₹13.45 Cr ₹12.93 Cr ₹9.72 Cr ₹7.74 Cr ₹8.32 Cr ₹6 Cr ₹2.63 Cr
Exceptional Items -₹71.9 Lakh -₹1.28 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹6.99 Cr ₹0 ₹0
Profit Before Tax ₹18.82 Cr ₹16.35 Cr ₹19.67 Cr ₹18.15 Cr ₹14.16 Cr ₹13.45 Cr ₹12.93 Cr ₹9.72 Cr ₹7.74 Cr ₹1.33 Cr ₹6 Cr ₹2.63 Cr
Total Tax Expense ₹2.44 Cr ₹2.62 Cr ₹4.92 Cr ₹5.34 Cr ₹4.01 Cr ₹3.45 Cr ₹2.75 Cr ₹2.79 Cr ₹2.62 Cr -₹19.34 Lakh ₹2.02 Cr ₹72.86 Lakh
Net Profit ₹16.38 Cr ₹13.73 Cr ₹14.75 Cr ₹12.81 Cr ₹10.15 Cr ₹10.01 Cr ₹10.19 Cr ₹6.93 Cr ₹5.12 Cr ₹1.52 Cr ₹3.98 Cr ₹1.9 Cr
Other Comprehensive Income ₹6.5 Lakh -₹4.4 Lakh -₹60.3 Lakh ₹1.5 Lakh ₹3.22 Lakh ₹2.27 Lakh -₹7.94 Lakh ₹2.13 Lakh ₹8.03 Lakh -₹6.6 Lakh ₹62,000 ₹2.17 Lakh
Total Comprehensive Income ₹16.45 Cr ₹13.68 Cr ₹14.15 Cr ₹12.83 Cr ₹10.18 Cr ₹10.03 Cr ₹10.11 Cr ₹6.95 Cr ₹5.2 Cr ₹1.45 Cr ₹3.98 Cr ₹1.92 Cr
EBITDA (computed) ₹27.25 Cr ₹25.68 Cr ₹26.04 Cr ₹24.5 Cr ₹20.4 Cr ₹18.13 Cr ₹18.44 Cr ₹14.99 Cr ₹13.88 Cr ₹13.57 Cr ₹10.71 Cr ₹6.69 Cr
Basic EPS ₹4.98 ₹7.99 ₹8.59 ₹7.47 ₹5.92 ₹5.84 ₹5.95 ₹4.04 ₹2.99 ₹0.89 ₹2.32 ₹1.11
Diluted EPS ₹4.96 ₹7.98 ₹8.58 ₹7.45 ₹5.91 ₹5.83 ₹5.93 ₹4.03 ₹2.98 ₹0.88 ₹2.31 ₹1.10
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
CTC/ PICC/ EPICC ₹20.01 Cr -₹41.9 Lakh ₹68.41 Cr ₹46.99 Cr
Engineering Products ₹264.02 Cr ₹29.95 Cr ₹496.2 Cr ₹126.24 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
CTC/ PICC/ EPICC ₹20.75 Cr -₹1.44 Cr - -
Engineering Products ₹949.18 Cr ₹114.16 Cr - -
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Shareholding Pattern of Hind Rectifiers Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 43.93%, foreign institutional investors hold 6.38%, domestic institutional investors hold 0.13%, retail and other public shareholders hold 49.56% of Hind Rectifiers Limited. The company had 21,700 shareholders on record.

Promoters: 43.93%DII (Domestic Institutional): 0.13%FII (Foreign Institutional): 6.38%Retail & Others: 49.56%
Mar 2026
QUARTER
43.93% Promoters
0.13% DII (Domestic Institutional)
6.38% FII (Foreign Institutional)
49.56% Retail & Others
Promoter holding - history
Now 43.93% · Mar 2026High 44.52% · Dec 2015Low 42.03% · Dec 2017
41%42.3%43.5%44.8%46%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 44.52%Mar 2016: 44.47%Jun 2016: 44.48%Sep 2016: 44.47%Dec 2016: 44.47%Mar 2017: 44.51%Jun 2017: 44.51%Sep 2017: 44.51%Dec 2017: 42.03%Mar 2018: 42.03%Jun 2018: 42.03%Sep 2018: 42.03%Dec 2018: 42.08%Mar 2019: 42.20%Jun 2019: 42.20%Sep 2019: 42.20%Dec 2019: 42.20%Mar 2020: 42.20%Jun 2020: 42.25%Sep 2020: 42.25%Dec 2020: 42.25%Mar 2021: 42.25%Jun 2021: 42.25%Sep 2021: 42.25%Dec 2021: 42.25%Mar 2022: 42.25%Jun 2022: 42.25%Sep 2022: 42.25%Dec 2022: 42.25%Mar 2023: 44.08%Jun 2023: 44.08%Sep 2023: 44.08%Dec 2023: 44.08%Mar 2024: 44.05%Jun 2024: 44.05%Sep 2024: 44.05%Dec 2024: 43.98%Mar 2025: 43.98%Jun 2025: 43.98%Sep 2025: 43.93%Dec 2025: 43.93%Mar 2026: 43.93%44.52%42.03%43.93%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters43.93%43.93%43.93%43.98%43.98%43.98%
Public56.07%56.07%56.07%56.02%56.02%56.02%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters43.93%43.98%44.05%44.08%42.25%42.25%42.20%42.20%42.03%44.51%44.47%
Public56.07%56.02%55.95%55.92%57.75%57.75%57.80%57.80%57.97%55.49%55.53%
Promoter change (YoY, %pts)-0.05-0.07-0.03+1.83+0.00+0.05+0.00+0.17-2.48+0.04-

Board & Governance of Hind Rectifiers Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Hind Rectifiers Limited has 6 directors - 3 independent and 2 executive. The board is chaired by Suramya Saurabh Nevatia.

DirectorPositionOn board sinceListed boards
Suramya Saurabh Nevatia Executive Director · MD · Chairperson 2020-08-17 1
Akshada Suramya Nevatia Executive Director 2017-01-15 1
Parimal Rameshchandra Merchant Non-Executive - Non Independent Director 2013-02-07 1
Vandan Sitaram Shah Non-Executive - Independent Director 2017-01-15 2
Ashlesha R Bodas Non-Executive - Independent Director 2020-06-26 1
Vishal Pacheriwala Non-Executive - Independent Director 2024-05-28 1
Board Committees
CommitteeMembers
Audit Committee Vandan Sitaram Shah (Chairperson), Parimal Rameshchandra Merchant, Vishal Pacheriwala, Ashlesha R Bodas
Nomination and remuneration committee Vandan Sitaram Shah (Chairperson), Parimal Rameshchandra Merchant, Vishal Pacheriwala
Stakeholders Relationship Committee Parimal Rameshchandra Merchant (Chairperson), Suramya Saurabh Nevatia, Vishal Pacheriwala
Corporate Social Responsibility Committee Vishal Pacheriwala (Chairperson), Suramya Saurabh Nevatia, Akshada Suramya Nevatia

Charges & Borrowings of Hind Rectifiers Limited

Open charges
₹290.07 Cr
Satisfied charges
₹112.97 Cr
Breakdown by lending institutions
Others₹289.25 Cr
Standard Chartered Bank₹0.65 Cr
Hdfc Bank Limited₹0.17 Cr
Latest charge details
DateLenderAmountStatus
18 Nov 2024 Others ₹41.9 Cr Open
27 Sep 2024 Standard Chartered Bank ₹65 Lakh Open
20 Jun 2024 Others ₹1.3 Cr Open
19 Jan 2024 Others ₹50 Lakh Open
09 Mar 2022 Hdfc Bank Limited ₹16.72 Lakh Open

Total charge records: 59 View all charges

Employees and EPFO Compliance at Hind Rectifiers Limited

Hind Rectifiers Limited has a workforce of 567 employees as of Apr 05, 2024.

Employee count
567
Active EPFO establishments
4
Employee growth
11.18%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Hind Rectifiers Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Hind Rectifiers Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Hind Rectifiers Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Hind Rectifiers Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Hind Rectifiers Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Hind Rectifiers Limited

MSME Payment Delays by Hind Rectifiers Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Hind Rectifiers Limited

Subsidiaries & Group Companies of Hind Rectifiers Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Hind Rectifiers Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Hind Rectifiers Limited

MCA Filings & Documents of Hind Rectifiers Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Hind Rectifiers Limited

Directors
11 Nov 2025
Anil Kumar Mathura Prasad Nemani was appointed as a Nodal Officer on 11 Nov 2025 & has been associated with this company since 7 months 28 days.
Charges
17 Oct 2025
A charge registered on 06 Dec 2023 via Charge ID 100836436 with Tjsb Sahakari Bank Limited was fully satisfied on 17 Oct 2025.
Directors
10 Oct 2025
Manoj Rajgopalan Nair was appointed as a CEO on 10 Oct 2025 & has been associated with this company since 8 months 29 days.
Charges
06 Oct 2025
A charge registered on 04 Jul 2022 via Charge ID 100591787 with Hdfc Bank Limited was fully satisfied on 06 Oct 2025.
Activity
29 Jul 2025
Hind Rectifiers Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records.
Charges
29 Apr 2025
A charge with Others of Rs. 62.00 Cr registered on 04 May 2021 with Charge ID 100443239 was modified on 29 Apr 2025.

Recent News on Hind Rectifiers Limited

Stocks that will see action today: January 31
31 Jan 2025 · Thehindubusinessline
Hind Rectifiers announces Q3FY19 results
12 Feb 2019 · NewsBarons

Frequently Asked Questions about Hind Rectifiers Limited

Hind Rectifiers Limited is an active public limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 25 April 1958 (68+ years old) and is registered under CIN L28900MH1958PLC011077. Listed on BSE: 504036 and NSE: HIRECT. The company has 567 employees.

Hind Rectifiers Limited reported revenue of ₹656.85 Cr for FY 2025 (up 27.00% YoY).

The current directors of Hind Rectifiers Limited are:

The primary industry of Hind Rectifiers Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.

Yes. Hind Rectifiers Limited is listed on both BSE (code: 504036) and NSE (symbol: HIRECT).

Hind Rectifiers Limited can be reached at the registered office: Lake Road Bhandup West, Mumbai, Maharashtra, India – 400078, or through the website hirect.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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