Hind Rectifiers Ltd Stock Price Today (NSE: HIRECT)

Hind Rectifiers Ltd

1285.00+0.00 (+0.00%)
Market Open

Fundamental Score

...

Hind Rectifiers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Hind Rectifiers Ltd share price today is 1285.00, up +0.00% on NSE/BSE as of 24 July 2026. Hind Rectifiers Ltd (HIRECT) is a Small-cap company in the Industrial Products sector with a market capitalisation of 4.39K (Cr). The 52-week high for HIRECT share price is N/A and the 52-week low is 643.70. At a P/E ratio of 109.61x, HIRECT is currently trading above its industry average P/E of 32.61x. The company has a Return on Equity (ROE) of 21.73% and a debt-to-equity ratio of 1.17.

Hind Rectifiers Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1399.00
Low
1001.00
Volume
3.0L
Change
+12.51%

Hind Rectifiers Ltd share price chart: 12.51% return over the past month. 52-week high ₹N/A, 52-week low ₹643.70.

Hind Rectifiers Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1266.101324.801255.501301.9064.20K (Cr)
1270.001310.001240.001285.0096.91K (Cr)
NaNNaNNaNNaN1.29L (Cr)
1270.501325.001258.001308.601.87L (Cr)
1244.001266.001216.801252.1085.00K (Cr)
1276.001284.901223.401244.502.26L (Cr)
1350.001399.001273.501288.3036.89L (Cr)
1065.501274.801045.001273.6011.63L (Cr)
1045.001069.101029.101062.4042.43K (Cr)
1044.601078.501034.901052.7033.78K (Cr)

Hind Rectifiers Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1173.700.000.001301.90+10.92%
1129.001209.901043.201159.20+2.67%
941.701212.10797.551113.95+18.29%
677.60989.00643.70941.70+38.98%
1317.901598.40657.50660.10-49.91%
1253.601508.001165.601418.30+13.14%
1516.001521.301130.401252.40-17.39%
1531.001546.801390.001510.80-1.32%
1866.301909.901395.101531.00-17.97%
1630.501893.601562.001853.40+13.67%
1500.001794.001500.001628.00+8.53%
1840.002108.501501.301510.20-17.92%

AI Research Briefing

Powered by Gemini · 2026-04-15

Railway capex play at nosebleed valuations; trim positions and watch for order book sustainability.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - 1M: -18.78%, 3M: -3.09%, 6M: 11.32%Expensive - P/E: 54.17x vs Industry P/E: 33.94x

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.

Why Now
  • Railway order execution in FY27
  • Bonus issue completion
  • New product rollout
Potential Catalysts
  • Major new order wins from Indian Railways
  • Successful integration of BeLink Solutions
  • Faster-than-expected execution of existing order book
Key Risks
  • Micro-cap liquidity risk
  • High debt/equity ratio
  • Valuation significantly above industry average
Institutional Activity

FII increased stake by 0.34%, DII increased stake by 0.07%, Promoter decreased stake by -0.05%

Macro Context

Government infrastructure spending is a tailwind, but global industrial slowdown is a headwind.

Order Book / Expansion

₹127 crore supply order from Indian Railways, execution in FY26-27.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹62.68 Cr

3–6 Month Outlook

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

Excellent

Return on Equity (ROE)

21.73%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

18.57%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.11%

Annual dividend as % of current share price

Hind Rectifiers Ltd Valuation Check

Poor

Price to Earnings (P/E)

109.61x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

32.61x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

43.93%

% shares held by company founders/management

Average

FII Holding

6.38%

% shares held by foreign institutional investors

Poor

DII Holding

0.13%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

6.81%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-129.43%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

51.21%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.17x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.50x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

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

3 factors identified

Strong Return on Equity (21.73%)

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 (18.57%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Revenue Growth (51.21%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Risk Factors

4 factors identified

Premium Valuation Risk (P/E: 109.61x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-129.43%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Elevated Debt Levels (D/E: 1.17)

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: 6.51%)

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

11 companies
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
20.2/100
1285
₹4387.77
109.6
Average
21.73%
Excellent
18.57%
Good
1.2
Average
0.11%
65.9/100
3613
₹43866.65
119.3
Average
25.41%
Excellent
28.56%
Excellent
0.1
Excellent
65.82%
Excellent
29.72%
Excellent
0.04%
46.2/100
37905
₹34925.92
65.3
Average
12.59%
Average
16.95%
Good
0.0
Excellent
3.07%
Average
9.00%
Good
0.28%
45.6/100
10181
₹6976.77
139.5
Average
6.62%
Poor
9.98%
Poor
0.8
Good
33.79%
Excellent
7.71%
Good
0.10%
64.5/100
2774
₹6206.51
44.8
Average
12.91%
Average
17.55%
Good
0.0
Excellent
21.55%
Excellent
12.78%
Good
1.40%
27/100
131
₹5704.86
71.3
Average
10.70%
Average
14.68%
Average
0.1
Excellent
0.00%
64.9/100
3571
₹5392.14
53.5
Average
26.91%
Excellent
25.58%
Excellent
0.4
Excellent
42.47%
Excellent
3.11%
Average
0.16%
44.8/100
648
₹4995.10
63.3
Average
9.33%
Poor
10.92%
Average
0.8
Good
40.82%
Excellent
18.19%
Excellent
0.00%
28.1/100
8927
₹4697.72
0.07%
Wpil Ltd...
WPIL505872
48.5/100
437
₹4487.48
28.4
Average
10.68%
Average
14.57%
Average
0.3
Excellent
13.46%
Good
13.27%
Good
0.44%
43.8/100
2107
₹4384.08
39.3
Average
17.12%
Good
20.68%
Excellent
0.2
Excellent
15.92%
Excellent
24.12%
Excellent
0.78%

Hind Rectifiers Ltd PE Ratio History

Historical price-to-earnings ratio for HIRECT — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202521.60₹1510.8069.9x
FY 20247.28₹1383.10190x
FY 20224.68₹223.4047.7x

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 0.11%

Financial YearDividends Paid (₹ Cr)
FY 20252.06 Cr
FY 20230.66 Cr
FY 20220.66 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)

51.21%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-129.43%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

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

NaNRSI 14
Neutral — RSI NaN

Momentum is balanced — neither overbought nor oversold.

SMA 50
NaN
▼ Price below SMA 50 — Short-term bearish
SMA 200
NaN
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
252K shares/day
Average daily traded volume over last 30 trading sessions

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.

Loading Financial Statements...

Fetching financial data for Hind Rectifiers Ltd

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

Symbol:HIRECT
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Suramya Saurabh Nevatia
Chairman & MD
Mr. Anil Kumar Nemani
Chief Financial Officer
Ms. Akshada Suramya Nevatia
Executive Director

HIRECT Share Price: Frequently Asked Questions

What is the current share price of Hind Rectifiers Ltd?

Hind Rectifiers Ltd (HIRECT) trades at ₹1285.00 on NSE and BSE. Market cap ₹4.39K (Cr). Educational data only.

What is the P/E ratio of Hind Rectifiers Ltd?

Hind Rectifiers Ltd has a P/E of 109.61x vs industry average 32.61x.

What is the Bull Run score for Hind Rectifiers Ltd?

Hind Rectifiers Ltd has a Bull Run score of 20.2/100 based on 25+ financial parameters.

Does Hind Rectifiers Ltd pay dividends?

Hind Rectifiers Ltd has a dividend yield of 0.11%. Past dividends don't guarantee future payments.

What is the ROE of Hind Rectifiers Ltd?

Hind Rectifiers Ltd has ROE of 21.73%. 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 1.17.

Is Hind Rectifiers Ltd a good investment?

Bull Run gives Hind Rectifiers Ltd a score of 20.2/100. This is not investment advice — consult a SEBI-registered advisor.