Hind Rectifiers' Q1 FY 2026-27 Quarterly Results

Result Summary

• Hind Rectifiers Ltd reported a 6.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 22.2%.
• Its expenses for the quarter were down by 8.8% QoQ and up 29.3% YoY.
• The net profit decreased 508.8% QoQ and decreased 49.1% YoY.
• The earnings per share (EPS) of Hind Rectifiers Ltd stood at 2.72 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hind Rectifiers Ltd is a company involved in the manufacturing and supply of power semiconductor devices, power electronic equipment, and railway transportation equipment. The company operates in the electrical equipment industry, catering to various sectors such as transportation, telecommunications, and industrial applications. As of the latest information up to October 2023, there are no major recent developments publicly available regarding Hind Rectifiers Ltd. The company focuses on providing high-quality electronic components and systems, emphasizing reliability and efficiency in its products.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Hind Rectifiers Ltd reported a total income of ₹262.78 crores. This represents a decrease of 6.5% compared to the previous quarter (Q4FY26), where the total income was ₹280.90 crores. However, when compared to the same quarter in the previous fiscal year (Q1FY26), the total income has increased by 22.2% from ₹215.00 crores. This year-over-year growth indicates a significant improvement in revenue generation compared to the same period last year.

Profitability

The company's profit before tax (PBT) in Q1FY27 was ₹11.63 crores, a substantial increase from ₹0.85 crores in Q4FY26, translating to a remarkable quarter-over-quarter growth of 1268.2%. However, on a year-over-year basis, the PBT decreased by 35.7% from ₹18.10 crores in Q1FY26. The tax expenses for Q1FY27 stood at ₹5.13 crores, reflecting a 110.2% increase from the previous quarter but a 3.9% decrease compared to Q1FY26. Consequently, the profit after tax (PAT) for Q1FY27 was ₹6.50 crores, which is an improvement from the loss of ₹1.59 crores in Q4FY26, yet it represents a decrease of 49.1% from the ₹12.76 crores reported in Q1FY26. The earnings per share (EPS) for Q1FY27 were ₹2.72, up from ₹1.31 in Q4FY26 but down from ₹7.42 in Q1FY26.

Operating Metrics

The total expenses for Q1FY27 amounted to ₹254.68 crores, reflecting an 8.8% decrease from ₹279.33 crores in the previous quarter. Compared to Q1FY26, total expenses increased by 29.3% from ₹196.90 crores. This indicates a significant rise in operational costs year-over-year, despite a reduction quarter-over-quarter. The company's financial performance in Q1FY27 shows an increase in profitability from the previous quarter, with a notable reduction in expenses contributing to improved margins. However, the year-over-year comparison indicates challenges in maintaining the same level of profitability, as evidenced by the decrease in PAT and EPS.