Share Price and Basic Stock Data
Last Updated: October 10, 2025, 9:27 pm
| PEG Ratio | 1.40 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Hind Rectifiers Ltd, operating in the Electronics – Equipment/Components industry, has a market capitalization of ₹2,892 Cr. The company reported a Price-to-Earnings (P/E) ratio of 67.0, Return on Equity (ROE) at 25.7%, and Return on Capital Employed (ROCE) at 21.6%. With an Operating Profit Margin (OPM) of 11%, the company recorded a Net Profit of ₹37 Cr. In terms of market presence, Hind Rectifiers Ltd has shown resilience with consistent revenue growth in the recent quarters, as indicated by the upward trend in both quarterly and annual sales figures. Despite fluctuations in expenses, the company has maintained a positive operating profit pattern over time, showcasing operational efficiency and effective cost management strategies.
Profitability and Efficiency Metrics
Analyzing the company’s efficiency metrics reveals a healthy OPM of 11%, indicating effective cost control measures. With a Net Profit of ₹37 Cr and a ROE of 25.7%, Hind Rectifiers Ltd demonstrates strong profitability. The ROCE stands at 21.6%, reflecting efficient capital utilization. The Interest Coverage Ratio (ICR) of 3.52x signifies the company’s ability to meet interest obligations comfortably. However, the Cash Conversion Cycle (CCC) of 107 days warrants attention for potential optimization. Comparing these metrics with sector benchmarks would provide a clearer perspective on whether the company’s margins and returns exhibit industry-leading efficiency or face competitive pressures.
Balance Sheet Strength and Financial Ratios
Hind Rectifiers Ltd’s Balance Sheet reflects robust financial health with reserves amounting to ₹157 Cr and borrowings standing at ₹164 Cr. The Company has a comfortable Current Ratio and Quick Ratio, indicating healthy liquidity levels. The Debt to Equity ratio and Interest Coverage Ratio suggest a moderate leverage position and adequate debt-servicing capacity. The Working Capital Management, as evidenced by the Cash Conversion Cycle of 107 days, may benefit from further optimization. Overall, the company’s Balance Sheet portrays a stable financial position with room for strategic improvements.
Shareholding Pattern and Investor Confidence
Examining the shareholding pattern, we observe that Promoters hold a significant stake of 43.98%, indicating their confidence in the company’s growth prospects. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 6.30% and 0.06%, respectively, reflecting moderate institutional interest. Public shareholding stands at 49.63%, distributed among 18,496 shareholders. Changes in promoter holdings and institutional participation can significantly influence the company’s valuation and market perception. Understanding these dynamics is crucial in assessing investor confidence and market sentiment towards Hind Rectifiers Ltd.
Outlook, Risks, and Final Insight
Looking ahead, Hind Rectifiers Ltd’s growth prospects appear promising, supported by strong financial performance and efficient operational metrics. Key growth drivers for the company may include expanding market presence, technological innovations, and strategic partnerships. However, risks such as industry competition, regulatory challenges, and economic uncertainties could pose threats to future performance. Strengthening operational efficiency, enhancing working capital management, and diversifying revenue streams could bolster the company’s resilience against potential risks. In conclusion, Hind Rectifiers Ltd’s solid fundamentals and strategic outlook position it favorably for sustainable growth in the dynamic market landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Hind Rectifiers Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incap Ltd | 59.5 Cr. | 116 | 161/70.0 | 53.2 | 32.2 | 0.86 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 73.8 Cr. | 86.3 | 116/71.9 | 16.6 | 13.2 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 282 Cr. | 234 | 385/196 | 20.5 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 273 Cr. | 178 | 219/75.1 | 65.1 | 15.1 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 16,662 Cr. | 586 | 1,055/465 | 61.5 | 99.9 | 0.04 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,860.75 Cr | 1,240.92 | 93.05 | 160.88 | 0.18% | 11.06% | 16.21% | 7.73 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 78 | 97 | 112 | 98 | 132 | 137 | 151 | 136 | 166 | 169 | 185 | 215 |
| Expenses | 73 | 80 | 91 | 101 | 91 | 121 | 123 | 138 | 121 | 148 | 151 | 165 | 190 |
| Operating Profit | -0 | -2 | 7 | 11 | 7 | 11 | 13 | 14 | 14 | 18 | 18 | 20 | 24 |
| OPM % | -0% | -3% | 7% | 10% | 7% | 8% | 10% | 9% | 11% | 11% | 10% | 11% | 11% |
| Other Income | 0 | 0 | 0 | -11 | 0 | 0 | -7 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | -3 | -6 | 3 | -3 | 3 | 6 | 1 | 8 | 10 | 13 | 13 | 14 | 18 |
| Tax % | -29% | -27% | 28% | -24% | 28% | 34% | -14% | 34% | 29% | 21% | 26% | 28% | 29% |
| Net Profit | -2 | -4 | 2 | -2 | 2 | 4 | 2 | 5 | 7 | 10 | 10 | 10 | 13 |
| EPS in Rs | -1.37 | -2.45 | 1.46 | -1.44 | 1.11 | 2.32 | 0.89 | 2.99 | 4.04 | 5.95 | 5.83 | 5.91 | 7.46 |
Last Updated: August 1, 2025, 8:05 pm
Below is a detailed analysis of the quarterly data for Hind Rectifiers Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 215.00 Cr.. The value appears strong and on an upward trend. It has increased from 185.00 Cr. (Mar 2025) to 215.00 Cr., marking an increase of 30.00 Cr..
- For Expenses, as of Jun 2025, the value is 190.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 165.00 Cr. (Mar 2025) to 190.00 Cr., marking an increase of 25.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 20.00 Cr. (Mar 2025) to 24.00 Cr., marking an increase of 4.00 Cr..
- For OPM %, as of Jun 2025, the value is 11.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 11.00%.
- For Other Income, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Mar 2025) to 3.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Mar 2025) to 18.00 Cr., marking an increase of 4.00 Cr..
- For Tax %, as of Jun 2025, the value is 29.00%. The value appears to be increasing, which may not be favorable. It has increased from 28.00% (Mar 2025) to 29.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2025) to 13.00 Cr., marking an increase of 3.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 7.46. The value appears strong and on an upward trend. It has increased from 5.91 (Mar 2025) to 7.46, marking an increase of 1.55.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 22, 2025, 3:42 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97 | 94 | 94 | 111 | 126 | 255 | 300 | 305 | 372 | 359 | 518 | 655 |
| Expenses | 100 | 96 | 92 | 107 | 116 | 229 | 262 | 285 | 349 | 344 | 473 | 584 |
| Operating Profit | -4 | -2 | 2 | 5 | 10 | 26 | 38 | 20 | 23 | 15 | 45 | 71 |
| OPM % | -4% | -3% | 2% | 4% | 8% | 10% | 13% | 7% | 6% | 4% | 9% | 11% |
| Other Income | 0 | 0 | 1 | -7 | 0 | 1 | 0 | 0 | 0 | -10 | -6 | 1 |
| Interest | 2 | 2 | 3 | 5 | 6 | 8 | 8 | 9 | 7 | 8 | 13 | 14 |
| Depreciation | 2 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 5 | 7 | 8 |
| Profit before tax | -7 | -6 | -2 | -10 | 2 | 17 | 26 | 7 | 11 | -9 | 18 | 50 |
| Tax % | -30% | -40% | -31% | -27% | 35% | 29% | 30% | 28% | 30% | -27% | 29% | 26% |
| Net Profit | -5 | -4 | -2 | -7 | 1 | 12 | 18 | 5 | 8 | -6 | 13 | 37 |
| EPS in Rs | -2.97 | -2.15 | -0.91 | -4.29 | 0.79 | 7.12 | 11.16 | 3.22 | 4.71 | -3.71 | 7.30 | 21.72 |
| Dividend Payout % | -6% | 0% | 0% | 0% | 0% | 6% | 7% | 12% | 8% | 0% | 16% | 9% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 20.00% | 50.00% | -250.00% | 114.29% | 1100.00% | 50.00% | -72.22% | 60.00% | -175.00% | 316.67% | 184.62% |
| Change in YoY Net Profit Growth (%) | 0.00% | 30.00% | -300.00% | 364.29% | 985.71% | -1050.00% | -122.22% | 132.22% | -235.00% | 491.67% | -132.05% |
Hind Rectifiers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 17% |
| 3 Years: | 21% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 15% |
| 3 Years: | 68% |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 65% |
| 3 Years: | 110% |
| 1 Year: | 82% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 16% |
| Last Year: | 26% |
Last Updated: September 5, 2025, 6:10 am
Balance Sheet
Last Updated: October 10, 2025, 2:10 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 63 | 60 | 59 | 50 | 63 | 75 | 92 | 96 | 104 | 108 | 121 | 157 |
| Borrowings | 23 | 26 | 32 | 41 | 51 | 64 | 90 | 84 | 75 | 105 | 135 | 164 |
| Other Liabilities | 25 | 26 | 30 | 19 | 35 | 43 | 57 | 57 | 64 | 76 | 71 | 93 |
| Total Liabilities | 113 | 116 | 123 | 113 | 153 | 185 | 243 | 241 | 246 | 292 | 331 | 418 |
| Fixed Assets | 16 | 18 | 21 | 20 | 27 | 26 | 33 | 41 | 48 | 80 | 90 | 107 |
| CWIP | 0 | 1 | 2 | 5 | 4 | 14 | 18 | 20 | 28 | 21 | 22 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 97 | 96 | 101 | 88 | 121 | 144 | 185 | 180 | 170 | 192 | 219 | 298 |
| Total Assets | 113 | 116 | 123 | 113 | 153 | 185 | 243 | 241 | 246 | 292 | 331 | 418 |
Below is a detailed analysis of the balance sheet data for Hind Rectifiers Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 3.00 Cr..
- For Reserves, as of Mar 2025, the value is 157.00 Cr.. The value appears strong and on an upward trend. It has increased from 121.00 Cr. (Mar 2024) to 157.00 Cr., marking an increase of 36.00 Cr..
- For Borrowings, as of Mar 2025, the value is 164.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 135.00 Cr. (Mar 2024) to 164.00 Cr., marking an increase of 29.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 93.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 71.00 Cr. (Mar 2024) to 93.00 Cr., marking an increase of 22.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 418.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 331.00 Cr. (Mar 2024) to 418.00 Cr., marking an increase of 87.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 107.00 Cr.. The value appears strong and on an upward trend. It has increased from 90.00 Cr. (Mar 2024) to 107.00 Cr., marking an increase of 17.00 Cr..
- For CWIP, as of Mar 2025, the value is 12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Mar 2024) to 12.00 Cr., marking a decrease of 10.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 298.00 Cr.. The value appears strong and on an upward trend. It has increased from 219.00 Cr. (Mar 2024) to 298.00 Cr., marking an increase of 79.00 Cr..
- For Total Assets, as of Mar 2025, the value is 418.00 Cr.. The value appears strong and on an upward trend. It has increased from 331.00 Cr. (Mar 2024) to 418.00 Cr., marking an increase of 87.00 Cr..
However, the Borrowings (164.00 Cr.) are higher than the Reserves (157.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -27.00 | -28.00 | -30.00 | -36.00 | -41.00 | -38.00 | -52.00 | -64.00 | -52.00 | -90.00 | -90.00 | -93.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 200 | 221 | 174 | 117 | 161 | 90 | 99 | 105 | 66 | 69 | 63 | 61 |
| Inventory Days | 147 | 117 | 180 | 126 | 143 | 106 | 121 | 106 | 97 | 121 | 92 | 92 |
| Days Payable | 89 | 97 | 124 | 57 | 115 | 65 | 69 | 65 | 60 | 69 | 45 | 46 |
| Cash Conversion Cycle | 258 | 241 | 230 | 185 | 188 | 132 | 151 | 146 | 104 | 120 | 110 | 107 |
| Working Capital Days | 159 | 131 | 125 | 63 | 81 | 60 | 57 | 58 | 50 | 34 | 24 | 25 |
| ROCE % | -6% | -4% | 1% | 3% | 8% | 19% | 21% | 9% | 10% | 5% | 16% | 22% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 7.30 | -3.84 | 4.71 | 3.22 | 11.16 |
| Diluted EPS (Rs.) | 7.28 | -3.84 | 4.68 | 3.22 | 11.16 |
| Cash EPS (Rs.) | 11.64 | -0.71 | 7.42 | 5.53 | 13.62 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 72.66 | 65.24 | 64.87 | 60.24 | 57.74 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 72.66 | 65.24 | 64.87 | 60.24 | 57.74 |
| Dividend / Share (Rs.) | 1.20 | 0.00 | 0.40 | 0.40 | 0.80 |
| Revenue From Operations / Share (Rs.) | 301.99 | 209.71 | 224.65 | 184.20 | 180.89 |
| PBDIT / Share (Rs.) | 26.17 | 8.96 | 13.60 | 12.02 | 22.72 |
| PBIT / Share (Rs.) | 21.83 | 5.96 | 10.89 | 9.71 | 20.26 |
| PBT / Share (Rs.) | 10.32 | -5.07 | 6.74 | 4.45 | 15.84 |
| Net Profit / Share (Rs.) | 7.30 | -3.72 | 4.71 | 3.22 | 11.16 |
| PBDIT Margin (%) | 8.66 | 4.27 | 6.05 | 6.52 | 12.55 |
| PBIT Margin (%) | 7.22 | 2.84 | 4.84 | 5.26 | 11.19 |
| PBT Margin (%) | 3.41 | -2.41 | 2.99 | 2.41 | 8.75 |
| Net Profit Margin (%) | 2.41 | -1.77 | 2.09 | 1.74 | 6.16 |
| Return on Networth / Equity (%) | 10.04 | -5.69 | 7.25 | 5.34 | 19.32 |
| Return on Capital Employeed (%) | 23.65 | 7.21 | 13.47 | 13.79 | 29.15 |
| Return On Assets (%) | 3.77 | -2.17 | 3.16 | 2.21 | 7.61 |
| Long Term Debt / Equity (X) | 0.18 | 0.21 | 0.19 | 0.11 | 0.15 |
| Total Debt / Equity (X) | 1.04 | 0.93 | 0.69 | 0.77 | 0.88 |
| Asset Turnover Ratio (%) | 1.66 | 1.33 | 1.53 | 1.26 | 1.40 |
| Current Ratio (X) | 1.21 | 1.23 | 1.47 | 1.40 | 1.39 |
| Quick Ratio (X) | 0.64 | 0.61 | 0.77 | 0.85 | 0.84 |
| Inventory Turnover Ratio (X) | 4.03 | 3.42 | 3.98 | 3.32 | 3.59 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 8.49 | 24.85 | 3.58 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 5.39 | 14.47 | 2.93 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 91.51 | 75.15 | 96.42 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 94.61 | 85.53 | 97.07 |
| Interest Coverage Ratio (X) | 3.52 | 1.89 | 3.27 | 2.28 | 5.14 |
| Interest Coverage Ratio (Post Tax) (X) | 2.53 | 1.54 | 2.13 | 1.61 | 3.53 |
| Enterprise Value (Cr.) | 1159.34 | 436.09 | 380.72 | 272.61 | 276.81 |
| EV / Net Operating Revenue (X) | 2.24 | 1.21 | 1.02 | 0.89 | 0.92 |
| EV / EBITDA (X) | 25.85 | 28.41 | 16.89 | 13.70 | 7.36 |
| MarketCap / Net Operating Revenue (X) | 1.99 | 0.92 | 0.82 | 0.64 | 0.65 |
| Retention Ratios (%) | 0.00 | 0.00 | 91.50 | 75.14 | 96.41 |
| Price / BV (X) | 8.29 | 2.98 | 2.86 | 1.98 | 2.04 |
| Price / Net Operating Revenue (X) | 1.99 | 0.92 | 0.82 | 0.64 | 0.65 |
| EarningsYield | 0.01 | -0.01 | 0.02 | 0.02 | 0.09 |
After reviewing the key financial ratios for Hind Rectifiers Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 7.30. This value is within the healthy range. It has increased from -3.84 (Mar 23) to 7.30, marking an increase of 11.14.
- For Diluted EPS (Rs.), as of Mar 24, the value is 7.28. This value is within the healthy range. It has increased from -3.84 (Mar 23) to 7.28, marking an increase of 11.12.
- For Cash EPS (Rs.), as of Mar 24, the value is 11.64. This value is within the healthy range. It has increased from -0.71 (Mar 23) to 11.64, marking an increase of 12.35.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 72.66. It has increased from 65.24 (Mar 23) to 72.66, marking an increase of 7.42.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 72.66. It has increased from 65.24 (Mar 23) to 72.66, marking an increase of 7.42.
- For Dividend / Share (Rs.), as of Mar 24, the value is 1.20. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 1.20, marking an increase of 1.20.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 301.99. It has increased from 209.71 (Mar 23) to 301.99, marking an increase of 92.28.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 26.17. This value is within the healthy range. It has increased from 8.96 (Mar 23) to 26.17, marking an increase of 17.21.
- For PBIT / Share (Rs.), as of Mar 24, the value is 21.83. This value is within the healthy range. It has increased from 5.96 (Mar 23) to 21.83, marking an increase of 15.87.
- For PBT / Share (Rs.), as of Mar 24, the value is 10.32. This value is within the healthy range. It has increased from -5.07 (Mar 23) to 10.32, marking an increase of 15.39.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 7.30. This value is within the healthy range. It has increased from -3.72 (Mar 23) to 7.30, marking an increase of 11.02.
- For PBDIT Margin (%), as of Mar 24, the value is 8.66. This value is below the healthy minimum of 10. It has increased from 4.27 (Mar 23) to 8.66, marking an increase of 4.39.
- For PBIT Margin (%), as of Mar 24, the value is 7.22. This value is below the healthy minimum of 10. It has increased from 2.84 (Mar 23) to 7.22, marking an increase of 4.38.
- For PBT Margin (%), as of Mar 24, the value is 3.41. This value is below the healthy minimum of 10. It has increased from -2.41 (Mar 23) to 3.41, marking an increase of 5.82.
- For Net Profit Margin (%), as of Mar 24, the value is 2.41. This value is below the healthy minimum of 5. It has increased from -1.77 (Mar 23) to 2.41, marking an increase of 4.18.
- For Return on Networth / Equity (%), as of Mar 24, the value is 10.04. This value is below the healthy minimum of 15. It has increased from -5.69 (Mar 23) to 10.04, marking an increase of 15.73.
- For Return on Capital Employeed (%), as of Mar 24, the value is 23.65. This value is within the healthy range. It has increased from 7.21 (Mar 23) to 23.65, marking an increase of 16.44.
- For Return On Assets (%), as of Mar 24, the value is 3.77. This value is below the healthy minimum of 5. It has increased from -2.17 (Mar 23) to 3.77, marking an increase of 5.94.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.18. This value is below the healthy minimum of 0.2. It has decreased from 0.21 (Mar 23) to 0.18, marking a decrease of 0.03.
- For Total Debt / Equity (X), as of Mar 24, the value is 1.04. This value exceeds the healthy maximum of 1. It has increased from 0.93 (Mar 23) to 1.04, marking an increase of 0.11.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 1.66. It has increased from 1.33 (Mar 23) to 1.66, marking an increase of 0.33.
- For Current Ratio (X), as of Mar 24, the value is 1.21. This value is below the healthy minimum of 1.5. It has decreased from 1.23 (Mar 23) to 1.21, marking a decrease of 0.02.
- For Quick Ratio (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has increased from 0.61 (Mar 23) to 0.64, marking an increase of 0.03.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.03. This value is within the healthy range. It has increased from 3.42 (Mar 23) to 4.03, marking an increase of 0.61.
- For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 3.52. This value is within the healthy range. It has increased from 1.89 (Mar 23) to 3.52, marking an increase of 1.63.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.53. This value is below the healthy minimum of 3. It has increased from 1.54 (Mar 23) to 2.53, marking an increase of 0.99.
- For Enterprise Value (Cr.), as of Mar 24, the value is 1,159.34. It has increased from 436.09 (Mar 23) to 1,159.34, marking an increase of 723.25.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.24. This value is within the healthy range. It has increased from 1.21 (Mar 23) to 2.24, marking an increase of 1.03.
- For EV / EBITDA (X), as of Mar 24, the value is 25.85. This value exceeds the healthy maximum of 15. It has decreased from 28.41 (Mar 23) to 25.85, marking a decrease of 2.56.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.99. This value is within the healthy range. It has increased from 0.92 (Mar 23) to 1.99, marking an increase of 1.07.
- For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
- For Price / BV (X), as of Mar 24, the value is 8.29. This value exceeds the healthy maximum of 3. It has increased from 2.98 (Mar 23) to 8.29, marking an increase of 5.31.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.99. This value is within the healthy range. It has increased from 0.92 (Mar 23) to 1.99, marking an increase of 1.07.
- For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.01 (Mar 23) to 0.01, marking an increase of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hind Rectifiers Ltd:
- Net Profit Margin: 2.41%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 23.65% (Industry Average ROCE: 11.06%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.04% (Industry Average ROE: 16.21%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.53
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.64
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 65 (Industry average Stock P/E: 67.67)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.04
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.41%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electronics - Equipment/Components | Lake Road, Mumbai Maharashtra 400078 | investors@hirect.com http://www.hirect.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Suramya Nevatia | Chairman & M.D & CEO |
| Mrs. Akshada Nevatia | Executive Director |
| Mr. Parimal Merchant | Non Exe.Non Ind.Director |
| Mr. Ashlesha Bodas | Independent Director |
| Mr. Vishal Pacheriwala | Independent Director |
| Mr. Vandan Shah | Independent Director |
FAQ
What is the intrinsic value of Hind Rectifiers Ltd?
Hind Rectifiers Ltd's intrinsic value (as of 11 October 2025) is 1247.02 which is 23.35% lower the current market price of 1,627.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,804 Cr. market cap, FY2025-2026 high/low of 2,108/799, reserves of ₹157 Cr, and liabilities of 418 Cr.
What is the Market Cap of Hind Rectifiers Ltd?
The Market Cap of Hind Rectifiers Ltd is 2,804 Cr..
What is the current Stock Price of Hind Rectifiers Ltd as on 11 October 2025?
The current stock price of Hind Rectifiers Ltd as on 11 October 2025 is 1,627.
What is the High / Low of Hind Rectifiers Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Hind Rectifiers Ltd stocks is 2,108/799.
What is the Stock P/E of Hind Rectifiers Ltd?
The Stock P/E of Hind Rectifiers Ltd is 65.0.
What is the Book Value of Hind Rectifiers Ltd?
The Book Value of Hind Rectifiers Ltd is 93.2.
What is the Dividend Yield of Hind Rectifiers Ltd?
The Dividend Yield of Hind Rectifiers Ltd is 0.12 %.
What is the ROCE of Hind Rectifiers Ltd?
The ROCE of Hind Rectifiers Ltd is 21.6 %.
What is the ROE of Hind Rectifiers Ltd?
The ROE of Hind Rectifiers Ltd is 25.7 %.
What is the Face Value of Hind Rectifiers Ltd?
The Face Value of Hind Rectifiers Ltd is 2.00.