Hind Rectifiers Ltd Stock Price Today (NSE: HIRECT)
Fundamental Score
Hind Rectifiers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Hind Rectifiers Ltd share price today is ₹1130.50, up +1.68% on NSE/BSE as of 12 June 2026. Hind Rectifiers Ltd (HIRECT) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹2.59K (Cr). The 52-week high for HIRECT share price is ₹2108.50 and the 52-week low is ₹643.70. At a P/E ratio of 54.17x, HIRECT is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 25.72% and a debt-to-equity ratio of 1.09.
Hind Rectifiers Ltd Share Price Chart — NSE/BSE Historical Performance
Hind Rectifiers Ltd share price chart: 22.19% return over the past month. 52-week high ₹2108.50, 52-week low ₹643.70.
Hind Rectifiers Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1090.50 | ₹1134.90 | ₹1073.00 | ₹1109.50 | 1.21L (Cr) | |
| ₹1129.00 | ₹1160.00 | ₹1073.50 | ₹1090.50 | 1.33L (Cr) | |
| ₹1176.45 | ₹1212.10 | ₹1095.10 | ₹1113.95 | 5.70L (Cr) | |
| ₹1152.35 | ₹1152.35 | ₹1152.35 | ₹1152.35 | 0.00 (Cr) | |
| ₹989.15 | ₹1191.00 | ₹989.15 | ₹1152.35 | 10.14L (Cr) | |
| ₹975.00 | ₹1033.45 | ₹973.00 | ₹999.60 | 1.95L (Cr) | |
| ₹972.00 | ₹989.10 | ₹965.10 | ₹972.75 | 53.30K (Cr) | |
| ₹999.00 | ₹999.90 | ₹949.45 | ₹963.65 | 86.03K (Cr) | |
| ₹985.00 | ₹1020.00 | ₹968.25 | ₹990.40 | 1.96L (Cr) | |
| ₹1000.00 | ₹1005.95 | ₹964.05 | ₹973.60 | 1.98L (Cr) |
Hind Rectifiers Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1129.00 | ₹1160.00 | ₹1073.00 | ₹1109.50 | -1.73% | |
| ₹941.70 | ₹1212.10 | ₹797.55 | ₹1113.95 | +18.29% | |
| ₹677.60 | ₹989.00 | ₹643.70 | ₹941.70 | +38.98% | |
| ₹1317.90 | ₹1598.40 | ₹657.50 | ₹660.10 | -49.91% | |
| ₹1253.60 | ₹1508.00 | ₹1165.60 | ₹1418.30 | +13.14% | |
| ₹1516.00 | ₹1521.30 | ₹1130.40 | ₹1252.40 | -17.39% | |
| ₹1531.00 | ₹1546.80 | ₹1390.00 | ₹1510.80 | -1.32% | |
| ₹1866.30 | ₹1909.90 | ₹1395.10 | ₹1531.00 | -17.97% | |
| ₹1630.50 | ₹1893.60 | ₹1562.00 | ₹1853.40 | +13.67% | |
| ₹1500.00 | ₹1794.00 | ₹1500.00 | ₹1628.00 | +8.53% | |
| ₹1840.00 | ₹2108.50 | ₹1501.30 | ₹1510.20 | -17.92% | |
| ₹1290.20 | ₹1998.00 | ₹1269.20 | ₹1834.00 | +42.15% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Railway capex play at nosebleed valuations; trim positions and watch for order book sustainability.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Hind Rectifiers clarified on April 13, 2026, that recent unusual increases in its share price are due to market-driven factors, not any price-sensitive information. On April 10, 2026, the stock surged 10.03%, outperforming the Industrial Manufacturing sector.
CORE STORY (THE REAL GAME)
Hind Rectifiers is riding the Indian Railways capex and industrial electrification wave. It's no longer just a component supplier; it's aiming for value-added manufacturing and global reach through acquisitions.
- Railway order execution in FY27
- Bonus issue completion
- New product rollout
- Major new order wins from Indian Railways
- Successful integration of BeLink Solutions
- Faster-than-expected execution of existing order book
- Micro-cap liquidity risk
- High debt/equity ratio
- Valuation significantly above industry average
FII increased stake by 0.34%, DII increased stake by 0.07%, Promoter decreased stake by -0.05%
Government infrastructure spending is a tailwind, but global industrial slowdown is a headwind.
₹127 crore supply order from Indian Railways, execution in FY26-27.
No - Free Cash Flow 5Y: ₹62.68 Cr
Focus on executing existing orders and integrating BeLink. Key monitorable: order book growth and margin improvement over the next 2 quarters.
Primary Thesis Risk
Reliance on Indian Railways capex makes it vulnerable to policy changes.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Hind Rectifiers Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Hind Rectifiers Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of HIRECT across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Strong Return on Equity (25.72%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (21.60%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Robust Profit Growth (44.75%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (36.96%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (16.95% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Interest Coverage (5.77x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹62.68 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Risk Factors
3 factors identified
Premium Valuation Risk (P/E: 54.17x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Elevated Debt Levels (D/E: 1.09)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Limited Institutional Interest (FII+DII: 6.77%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Hind Rectifiers Ltd vs Industrial Products Peers
Peer Comparison - Industrial Products
Compare Hind Rectifiers Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Hind Rectifiers LtdHind Rectifiers...Selected✓ HIRECT • 504036 | 54.7/100 | ₹1130.50₹1131 | ₹2585.16₹2585.16 | 54.17Average 54.2 Average | 25.72%Excellent 25.72% Excellent | 21.60%Excellent 21.60% Excellent | 1.09Average 1.1 Average | 14.65%Good 14.65% Good | 16.95%Excellent 16.95% Excellent | 0.13% |
Kaynes Technology India LtdKaynes Technolo... KAYNES • 543664 | 67.3/100 | ₹3100.20₹3100 | ₹35916.60₹35916.60 | 94.85Average 94.8 Average | 10.74%Average 10.74% Average | 14.28%Average 14.28% Average | 0.19Excellent 0.2 Excellent | 95.23%Excellent 95.23% Excellent | 49.23%Excellent 49.23% Excellent | 0.00% |
Honeywell Automation India LtdHoneywell Autom... HONAUT • 517174 | 45/100 | ₹35070.00₹35070 | ₹31265.45₹31265.45 | 60.58Average 60.6 Average | 13.70%Average 13.70% Average | 18.40%Good 18.40% Good | 0.02Excellent 0.0 Excellent | 1.27%Average 1.27% Average | 4.95%Average 4.95% Average | 0.30% |
Jyoti CNC Automation LtdJyoti CNC Autom... JYOTICNC • 544081 | 63.3/100 | ₹585.50₹586 | ₹22333.05₹22333.05 | 64.52Average 64.5 Average | 21.16%Excellent 21.16% Excellent | 24.35%Excellent 24.35% Excellent | 0.40Excellent 0.4 Excellent | 42.76%Excellent 42.76% Excellent | 21.49%Excellent 21.49% Excellent | 0.00% |
Aditya Infotech LimitedAditya Infotech... CPPLUS • 544466 | 48.5/100 | ₹3126.00₹3126 | ₹17963.45₹17963.45 | 91.26Average 91.3 Average | 20.87%Excellent 20.87% Excellent | 19.49%Good 19.49% Good | 0.08Excellent 0.1 Excellent | 54.52%Excellent 54.52% Excellent | 20.24%Excellent 20.24% Excellent | 0.00% |
Lakshmi Machine Works LimitedLakshmi Machine... LMW • 500252 | 43.3/100 | ₹15607.00₹15607 | ₹16059.39₹16059.39 | 133.53Average 133.5 Average | 3.04%Poor 3.04% Poor | 4.48%Poor 4.48% Poor | 0.00Excellent 0.0 Excellent | 26.84%Excellent 26.84% Excellent | 13.85%Good 13.85% Good | 0.20% |
Syrma SGS Technology LtdSyrma SGS Techn... SYRMA • 543573 | 54/100 | ₹1107.30₹1107 | ₹15669.49₹15669.49 | 68.23Average 68.2 Average | 9.45%Poor 9.45% Poor | 11.67%Average 11.67% Average | 0.12Excellent 0.1 Excellent | 12.24%Good 12.24% Good | 34.44%Excellent 34.44% Excellent | 0.18% |
Tega Industries LtdTega Industries... TEGA • 543413 | 60.90000000000001/100 | ₹1811.40₹1811 | ₹12879.94₹12879.94 | 54.47Average 54.5 Average | 15.47%Good 15.47% Good | 17.80%Good 17.80% Good | 0.21Excellent 0.2 Excellent | 24.79%Excellent 24.79% Excellent | 19.06%Excellent 19.06% Excellent | 0.10% |
Lloyds Engineering Works LtdLloyds Engineer... LLOYDSENGG • 539992 | 0/100 | ₹71.29₹71 | ₹7137.25₹7137.25 | 52.48Average 52.5 Average | — — | — — | 0.16Excellent 0.2 Excellent | — — | — — | 0.48% |
Dynamatic Technologies LtdDynamatic Techn... DYNAMATECH • 505242 | 23.6/100 | ₹10454.00₹10454 | ₹6280.97₹6280.97 | 176.13Average 176.1 Average | 6.21%Poor 6.21% Poor | 8.96%Poor 8.96% Poor | 0.78Good 0.8 Good | 1.91%Average 1.91% Average | 2.68%Average 2.68% Average | 0.02% |
Praj Industries LtdPraj Industries... PRAJIND • 522205 | 42.7/100 | ₹338.25₹338 | ₹5811.25₹5811.25 | 55.07Average 55.1 Average | 14.08%Average 14.08% Average | 17.92%Good 17.92% Good | 0.16Excellent 0.2 Excellent | 23.08%Excellent 23.08% Excellent | 23.97%Excellent 23.97% Excellent | 1.90% |
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Hind Rectifiers Ltd PE Ratio History
Historical price-to-earnings ratio for HIRECT — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹21.60 | ₹1510.80 | 69.9x |
| FY 2024 | ₹7.28 | ₹1383.10 | 190x |
| FY 2022 | ₹4.68 | ₹223.40 | 47.7x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Hind Rectifiers Ltd Dividend History
Annual cash dividends paid by HIRECT — dividend yield 0.13%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹2.06 Cr |
| FY 2023 | ₹0.66 Cr |
| FY 2022 | ₹0.66 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Hind Rectifiers Ltd Quarterly Performance
Latest quarterly metrics for HIRECT — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
36.96%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
44.75%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
16.95%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
14.65%
Compounded annual net profit growth over 5 years
Hind Rectifiers Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for HIRECT — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Hind Rectifiers Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Hind Rectifiers Ltd (HIRECT) — sourced from NSE/BSE filings.
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About HIRECT (Hind Rectifiers Ltd)
Hind Rectifiers Ltd is a stalwart in the Indian industrial landscape, specializing in the creation and distribution of critical power solutions and transportation technologies. Wit...h a legacy spanning decades, the company has cemented its position as a key player in providing robust and reliable equipment for diverse sectors. Hind Rectifiers is known for its engineering prowess, crafting high-performance power semiconductors that underpin a vast array of industrial applications. Beyond semiconductors, the company extends its expertise to complex power electronic equipment, serving as the backbone for numerous industries demanding efficient and stable power management. Their commitment to innovation and quality has earned them a reputation for delivering dependable solutions that power progress. The company's impact is particularly evident in the railway sector, where Hind Rectifiers provides an extensive portfolio of specialized equipment. From the essential transformers that energize railway operations to sophisticated propulsion systems that drive modern trains, their offerings cover a broad spectrum of rail transport needs. They develop and manufacture auxiliary converters, battery chargers and even high voltage electrical switchboards. Furthermore, Hind Rectifiers is dedicated to improving railway safety through electronic protection devices, and enhancing passenger comfort with advanced rolling stock HVAC systems. Through continuous research and development, they strive to meet the evolving needs of the railway industry, contributing significantly to the efficiency and safety of rail travel. Hind Rectifiers distinguishes itself through a commitment to not only meeting, but exceeding industry standards. This dedication is reflected in their rigorous testing procedures and emphasis on quality control. By continuously investing in cutting-edge technology and skilled personnel, the company ensures that its products are at the forefront of innovation and reliability. Whether it's powering critical industrial processes or enabling seamless rail transportation, Hind Rectifiers plays a vital role in shaping the industrial landscape. The company's focus on delivering exceptional performance, coupled with its deep understanding of customer needs, positions it as a trusted partner for businesses seeking dependable power and transportation solutions.
Company Details
Key Leadership
Corporate Events
Latest News
HIRECT Share Price: Frequently Asked Questions
What is the current share price of Hind Rectifiers Ltd?
Hind Rectifiers Ltd (HIRECT) trades at ₹1130.50 on NSE and BSE. Market cap ₹2.59K (Cr). Educational data only.
What is the P/E ratio of Hind Rectifiers Ltd?
Hind Rectifiers Ltd has a P/E of 54.17x vs industry average 33.94x.
What is the Bull Run score for Hind Rectifiers Ltd?
Hind Rectifiers Ltd has a Bull Run score of 54.7/100 based on 25+ financial parameters.
Does Hind Rectifiers Ltd pay dividends?
Hind Rectifiers Ltd has a dividend yield of 0.13%. Past dividends don't guarantee future payments.
What is the ROE of Hind Rectifiers Ltd?
Hind Rectifiers Ltd has ROE of 25.72%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Hind Rectifiers Ltd?
Hind Rectifiers Ltd has debt-to-equity of 1.09.
Is Hind Rectifiers Ltd a good investment?
Bull Run gives Hind Rectifiers Ltd a score of 54.7/100. This is not investment advice — consult a SEBI-registered advisor.