Share Price and Basic Stock Data
Last Updated: October 17, 2025, 9:02 pm
| PEG Ratio | 1.60 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Hind Rectifiers Ltd operates within the electronics equipment and components sector, focusing on power electronics and rectifiers. The company reported a market capitalization of ₹2,740 Cr, with its stock price standing at ₹1,600. Revenue from operations has shown a robust growth trajectory, with sales increasing from ₹359 Cr in FY 2023 to ₹655 Cr in FY 2025. The quarterly sales data illustrates consistent upward momentum, from ₹73 Cr in June 2022 to ₹132 Cr in September 2023. Such growth indicates a healthy demand for the company’s products, reflecting positively on its market positioning. However, expenses have also risen, reflecting increased operational costs that must be managed effectively to maintain profitability. The operating profit margins (OPM) have fluctuated, recently hitting 11% in the latest reported quarter, indicative of improved operational efficiency compared to low margins in previous periods. This growth trend in revenue aligns with the broader industry expansion as businesses increasingly adopt advanced electronic solutions.
Profitability and Efficiency Metrics
Hind Rectifiers has demonstrated notable profitability metrics, with a return on equity (ROE) of 25.7% and a return on capital employed (ROCE) of 21.6%. These figures are significantly higher than many peers in the electronics sector, indicating effective utilization of capital and shareholder equity. The company’s net profit for FY 2025 reached ₹37 Cr, a substantial recovery from a net loss of ₹6 Cr in FY 2023, showcasing a strong turnaround. The interest coverage ratio (ICR) stood at 3.52x, suggesting that the company can comfortably meet its interest obligations, a critical factor for financial stability. However, the cash conversion cycle (CCC) of 107 days indicates room for improvement in inventory management and receivables collection, which could enhance liquidity and operational efficiency. The fluctuating OPM, which varied between 4% and 11% in recent quarters, highlights the necessity for ongoing cost control measures as revenue scales.
Balance Sheet Strength and Financial Ratios
Hind Rectifiers’ balance sheet reflects a growing concern with total borrowings amounting to ₹164 Cr against reserves of ₹157 Cr. This leads to a debt-to-equity ratio of 1.04, suggesting that the company is leveraging debt to finance its operations, which can be risky if not managed properly. The quick ratio is recorded at 0.64, indicating potential liquidity challenges, as it suggests that current assets may not sufficiently cover short-term liabilities. Despite these concerns, the company has maintained a book value of ₹72.66 per share, representing a solid foundation for future growth. The inventory turnover ratio of 4.03x indicates efficient management of inventory, which is critical for maintaining cash flow. However, the high price-to-book value ratio of 8.29x suggests that the market is pricing the stock at a premium, which could pose risks if earnings growth does not keep pace with valuations.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hind Rectifiers indicates a stable ownership structure, with promoters holding 43.98% of the company. This level of promoter holding reflects confidence in the company’s strategic direction. Foreign institutional investors (FIIs) own 6.30%, while domestic institutional investors (DIIs) hold a mere 0.06%, suggesting limited institutional interest. The public shareholding stands at 49.63%, amounting to 18,496 shareholders, which points to a broad base of retail investors. The gradual increase in the number of shareholders from 9,553 in September 2022 to 18,496 in June 2025 signifies growing investor interest and confidence in the company’s performance. However, the low DII participation may indicate that institutional investors are awaiting stronger performance metrics before committing further capital. The stability in promoter stakes coupled with rising shareholder numbers bodes well for future capital raising endeavors.
Outlook, Risks, and Final Insight
If margins sustain and the company continues to enhance operational efficiency, Hind Rectifiers could capitalize on its growth trajectory. However, risks remain, particularly in managing debt levels and improving cash flow metrics. The high debt-to-equity ratio suggests vulnerability to interest rate fluctuations, which could impact profitability if the cost of borrowing rises. Furthermore, the need to reduce the cash conversion cycle is critical, as prolonged CCC could strain liquidity. If the company addresses these risks while maintaining its growth in revenue, it stands to strengthen its market position significantly. The electronics sector is poised for continued growth, and Hind Rectifiers could benefit from this trend, provided it navigates its financial challenges effectively. Overall, monitoring operational efficiencies and financial health will be vital for sustained investor confidence and long-term success.
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 | 60.5 Cr. | 118 | 161/70.0 | 54.0 | 32.2 | 0.85 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 72.3 Cr. | 84.5 | 112/71.9 | 16.2 | 13.2 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 278 Cr. | 231 | 385/196 | 20.5 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 275 Cr. | 179 | 219/75.1 | 65.5 | 15.1 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 16,705 Cr. | 588 | 1,055/465 | 61.6 | 99.9 | 0.04 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,793.00 Cr | 1,168.13 | 85.42 | 157.74 | 0.17% | 11.17% | 15.55% | 7.92 |
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: October 15, 2025, 5:12 am
| 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 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97 | 94 | 94 | 111 | 126 | 255 | 300 | 305 | 372 | 359 | 518 | 655 | 735 |
| Expenses | 100 | 96 | 92 | 107 | 116 | 229 | 262 | 285 | 349 | 344 | 473 | 584 | 654 |
| Operating Profit | -4 | -2 | 2 | 5 | 10 | 26 | 38 | 20 | 23 | 15 | 45 | 71 | 80 |
| OPM % | -4% | -3% | 2% | 4% | 8% | 10% | 13% | 7% | 6% | 4% | 9% | 11% | 11% |
| Other Income | 0 | 0 | 1 | -7 | 0 | 1 | 0 | 0 | 0 | -10 | -6 | 1 | 1 |
| Interest | 2 | 2 | 3 | 5 | 6 | 8 | 8 | 9 | 7 | 8 | 13 | 14 | 14 |
| Depreciation | 2 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 5 | 7 | 8 | 9 |
| Profit before tax | -7 | -6 | -2 | -10 | 2 | 17 | 26 | 7 | 11 | -9 | 18 | 50 | 59 |
| 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 | 43 |
| 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 | 25.15 |
| 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 25 | Mar 24 |
|---|---|---|
| FaceValue | 2.00 | 2.00 |
| Basic EPS (Rs.) | 21.64 | 7.30 |
| Diluted EPS (Rs.) | 21.60 | 7.28 |
| Cash EPS (Rs.) | 26.57 | 11.64 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 93.15 | 72.66 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 93.15 | 72.66 |
| Revenue From Operations / Share (Rs.) | 381.86 | 301.99 |
| PBDIT / Share (Rs.) | 41.83 | 26.17 |
| PBIT / Share (Rs.) | 36.89 | 21.83 |
| PBT / Share (Rs.) | 29.20 | 10.32 |
| Net Profit / Share (Rs.) | 21.62 | 7.30 |
| NP After MI And SOA / Share (Rs.) | 21.62 | 7.30 |
| PBDIT Margin (%) | 10.95 | 8.66 |
| PBIT Margin (%) | 9.65 | 7.22 |
| PBT Margin (%) | 7.64 | 3.41 |
| Net Profit Margin (%) | 5.66 | 2.41 |
| NP After MI And SOA Margin (%) | 5.66 | 2.41 |
| Return on Networth / Equity (%) | 23.21 | 10.04 |
| Return on Capital Employeed (%) | 31.83 | 23.65 |
| Return On Assets (%) | 8.89 | 3.77 |
| Long Term Debt / Equity (X) | 0.17 | 0.18 |
| Total Debt / Equity (X) | 0.99 | 1.04 |
| Asset Turnover Ratio (%) | 1.75 | 0.00 |
| Current Ratio (X) | 1.22 | 1.21 |
| Quick Ratio (X) | 0.66 | 0.64 |
| Inventory Turnover Ratio (X) | 4.61 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 5.54 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 4.50 | 0.00 |
| Earning Retention Ratio (%) | 94.46 | 0.00 |
| Cash Earning Retention Ratio (%) | 95.50 | 0.00 |
| Interest Coverage Ratio (X) | 5.44 | 3.52 |
| Interest Coverage Ratio (Post Tax) (X) | 3.81 | 2.53 |
| Enterprise Value (Cr.) | 1765.80 | 1159.34 |
| EV / Net Operating Revenue (X) | 2.69 | 2.24 |
| EV / EBITDA (X) | 24.60 | 25.85 |
| MarketCap / Net Operating Revenue (X) | 2.45 | 1.99 |
| Retention Ratios (%) | 94.45 | 0.00 |
| Price / BV (X) | 10.06 | 8.29 |
| Price / Net Operating Revenue (X) | 2.45 | 1.99 |
| EarningsYield | 0.02 | 0.01 |
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 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 21.64. This value is within the healthy range. It has increased from 7.30 (Mar 24) to 21.64, marking an increase of 14.34.
- For Diluted EPS (Rs.), as of Mar 25, the value is 21.60. This value is within the healthy range. It has increased from 7.28 (Mar 24) to 21.60, marking an increase of 14.32.
- For Cash EPS (Rs.), as of Mar 25, the value is 26.57. This value is within the healthy range. It has increased from 11.64 (Mar 24) to 26.57, marking an increase of 14.93.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 93.15. It has increased from 72.66 (Mar 24) to 93.15, marking an increase of 20.49.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 93.15. It has increased from 72.66 (Mar 24) to 93.15, marking an increase of 20.49.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 381.86. It has increased from 301.99 (Mar 24) to 381.86, marking an increase of 79.87.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 41.83. This value is within the healthy range. It has increased from 26.17 (Mar 24) to 41.83, marking an increase of 15.66.
- For PBIT / Share (Rs.), as of Mar 25, the value is 36.89. This value is within the healthy range. It has increased from 21.83 (Mar 24) to 36.89, marking an increase of 15.06.
- For PBT / Share (Rs.), as of Mar 25, the value is 29.20. This value is within the healthy range. It has increased from 10.32 (Mar 24) to 29.20, marking an increase of 18.88.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 21.62. This value is within the healthy range. It has increased from 7.30 (Mar 24) to 21.62, marking an increase of 14.32.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 21.62. This value is within the healthy range. It has increased from 7.30 (Mar 24) to 21.62, marking an increase of 14.32.
- For PBDIT Margin (%), as of Mar 25, the value is 10.95. This value is within the healthy range. It has increased from 8.66 (Mar 24) to 10.95, marking an increase of 2.29.
- For PBIT Margin (%), as of Mar 25, the value is 9.65. This value is below the healthy minimum of 10. It has increased from 7.22 (Mar 24) to 9.65, marking an increase of 2.43.
- For PBT Margin (%), as of Mar 25, the value is 7.64. This value is below the healthy minimum of 10. It has increased from 3.41 (Mar 24) to 7.64, marking an increase of 4.23.
- For Net Profit Margin (%), as of Mar 25, the value is 5.66. This value is within the healthy range. It has increased from 2.41 (Mar 24) to 5.66, marking an increase of 3.25.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.66. This value is below the healthy minimum of 8. It has increased from 2.41 (Mar 24) to 5.66, marking an increase of 3.25.
- For Return on Networth / Equity (%), as of Mar 25, the value is 23.21. This value is within the healthy range. It has increased from 10.04 (Mar 24) to 23.21, marking an increase of 13.17.
- For Return on Capital Employeed (%), as of Mar 25, the value is 31.83. This value is within the healthy range. It has increased from 23.65 (Mar 24) to 31.83, marking an increase of 8.18.
- For Return On Assets (%), as of Mar 25, the value is 8.89. This value is within the healthy range. It has increased from 3.77 (Mar 24) to 8.89, marking an increase of 5.12.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 0.2. It has decreased from 0.18 (Mar 24) to 0.17, marking a decrease of 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.99. This value is within the healthy range. It has decreased from 1.04 (Mar 24) to 0.99, marking a decrease of 0.05.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.75. It has increased from 0.00 (Mar 24) to 1.75, marking an increase of 1.75.
- For Current Ratio (X), as of Mar 25, the value is 1.22. This value is below the healthy minimum of 1.5. It has increased from 1.21 (Mar 24) to 1.22, marking an increase of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 1. It has increased from 0.64 (Mar 24) to 0.66, marking an increase of 0.02.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.61. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 4.61, marking an increase of 4.61.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 5.54. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 5.54, marking an increase of 5.54.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 4.50. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 4.50, marking an increase of 4.50.
- For Earning Retention Ratio (%), as of Mar 25, the value is 94.46. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 94.46, marking an increase of 94.46.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 95.50. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 95.50, marking an increase of 95.50.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.44. This value is within the healthy range. It has increased from 3.52 (Mar 24) to 5.44, marking an increase of 1.92.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.81. This value is within the healthy range. It has increased from 2.53 (Mar 24) to 3.81, marking an increase of 1.28.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,765.80. It has increased from 1,159.34 (Mar 24) to 1,765.80, marking an increase of 606.46.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.69. This value is within the healthy range. It has increased from 2.24 (Mar 24) to 2.69, marking an increase of 0.45.
- For EV / EBITDA (X), as of Mar 25, the value is 24.60. This value exceeds the healthy maximum of 15. It has decreased from 25.85 (Mar 24) to 24.60, marking a decrease of 1.25.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.45. This value is within the healthy range. It has increased from 1.99 (Mar 24) to 2.45, marking an increase of 0.46.
- For Retention Ratios (%), as of Mar 25, the value is 94.45. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 94.45, marking an increase of 94.45.
- For Price / BV (X), as of Mar 25, the value is 10.06. This value exceeds the healthy maximum of 3. It has increased from 8.29 (Mar 24) to 10.06, marking an increase of 1.77.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.45. This value is within the healthy range. It has increased from 1.99 (Mar 24) to 2.45, marking an increase of 0.46.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
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: 5.66%
- 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: 31.83% (Industry Average ROCE: 11.17%)
- 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%: 23.21% (Industry Average ROE: 15.55%)
- 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): 3.81
- 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: 0.66
- 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: 63.8 (Industry average Stock P/E: 85.42)
- 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: 0.99
- 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: 5.66%
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 17 October 2025) is 1224.00 which is 23.60% lower the current market price of 1,602.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,753 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 2,753 Cr..
What is the current Stock Price of Hind Rectifiers Ltd as on 17 October 2025?
The current stock price of Hind Rectifiers Ltd as on 17 October 2025 is 1,602.
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 63.8.
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.