Hind Rectifiers Limited

Web: hirect.com NSE: HIRECT BSE: 504036 SECTOR: Capital Goods - Industrial Manufacturing | Add Note | View Notes

1222 14(-1%)

Volume

64k as on 23, Jun

Open

1,450

High

1,528

Low

1,441

1,236

VWAP

1,137

52 Week High

1,399

52 Week Low

565

Viand Research Rating

Quality Score

44/100

Growth Score

100/100

Valuation Score

50/100

Momentum Score

45/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

4,332

No. of Shares

3.44

P/E

87.12

P/B

16.62

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

19.07

ROCE

Profit Growth

Listing Date

26-Dec-06

Promoter Holding

43.93%

FII Holding

6.38%

DII Holding

0.13%

Price Chart

Price Performance

1 Week1%

1 Month17%

3 Months21%

6 Months21%

1 Year21%

YTD21%

Moving Average

5 Day SMA1,154

10 Day SMA1,134

20 Day SMA1,119

30 Day SMA1,060

50 Day SMA999

61 Day SMA984

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	1,189	1,153	1,178	1,188
Resistance 2	1,178	1,151	1,168	1,177
Resistance 1	1,162	1,148	1,161	1,161
Pivot Point	1,151	1,146	1,151	1,150
Support 1	1,135	1,143	1,140	1,133
Support 2	1,123	1,141	1,134	1,123
Support 3	1,107	1,138	1,123	1,106

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,29,158	4922	3%	2%	21%	7%	31	94	0	9116
2	BEL	2,98,458	405	1%	4%	10%	10%	49	94	0	6062
3	TMCV	1,68,152	457	3%	2%	8%	40%	0	94	0.44	3030
4	ABB	1,57,098	7414	1%	2%	24%	44%	93	94	0.02	1668
5	BHEL	1,50,199	431	0%	5%	65%	105%	409	94	0.31	1600
6	SIEMENS	1,41,882	3984	2%	3%	21%	28%	66	94	0.02	2754
7	CGPOWER	1,41,050	895	0%	8%	26%	21%	119	94	0.01	1199
8	POWERINDIA	1,40,760	31580	6%	0	25%	69%	150	94	0.02	988
9	CUMMINSIND	1,39,335	5026	2%	9%	5%	29%	74	94	0	2362
10	POLYCAB	1,24,768	8280	3%	3%	3%	21%	52	94	0.02	2708
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 43.93%	(0.01) 43.93%	(0.01) 43.93%	(0.01) 43.98%	(0.01) 43.98%	(-0.11) 43.98%	(0.01) 44.05%	(0.01) 44.05%	(0.01) 44.05%	(0.01) 44.08%	(0.01) 44.08%	(0.01) 44.08%	(1.81) 44.08%	(0.01) 42.25%	(0.01) 42.25%	(0.01) 42.25%	(0.01) 42.25%	(0.01) 42.25%	(0.01) 42.25%
FIIs	(0.21) 6.38%	(-0.41) 6.21%	(0.31) 6.64%	(0.31) 6.30%	(-0.31) 6.03%	(0.31) 6.28%	(0.11) 5.97%	(0.11) 5.82%	(0.01) 5.76%	(-0.51) 5.72%	(0.01) 6.26%	(0.01) 6.26%	(-0.21) 6.26%	(0.01) 6.47%	(0.01) 6.47%	(0.01) 6.47%	(0.11) 6.47%	(1.41) 6.39%	(0.01) 4.97%
DIIs	(0.01) 0.13%	(0.01) 0.13%	(0.11) 0.13%	(0.11) 0.06%	(-0.11) 0.01%	(0.11) 0.07%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.01%	(0.01) 0.02%	(0.01) 0.02%	(0.01) 0.02%	(0.01) 0.02%
Public	49.55%	49.73%	49.31%	49.63%	49.96%	49.64%	49.95%	50.13%	50.16%	50.18%	49.65%	49.64%	49.64%	51.26%	51.26%	51.26%	51.26%	51.34%	52.76%
No. of Shareholders	21,700	23,276	24,038	18,496	18,241	16,593	14,319	10,997	9,936	8,403	7,580	7,983	8,921	9,136	9,553	9,652	9,608	9,432	10,004

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Sales	279.82	277.39	227.15	214.77	185.05	168.94	165.85	135.53	151.36	136.63	132	98	112	97	78	73	102	94	102
Sales Growth % (YoY)	51%	64%	37%	58%	22%	24%	-	-	-	-	70%	34.3%	9%	3.2%	-24%	-1.1%	35.4%	16.3%	1.2%
Sales Growth % (QoQ)	0.9%	22.1%	5.8%	16.1%	9.5%	1.9%	22.4%	-10.5%	10.8%	3.5%	34.7%	-12.5%	15.5%	24.4%	6.8%	-28.4%	8.5%	-7.8%	-
Expenses	271.39	251.84	201.27	190.55	165.15	151.31	147.54	121.05	137.86	123.15	121	91	101	91	80	73	97	90	95
Operating Profit	8.43	25.55	25.88	24.22	19.9	17.63	18.31	14.48	13.5	13.48	11	7	11	7	-2	0	5	5	7
OPM %	3.01	9.21	11.39	11.28	10.75	10.44	11.04	10.68	8.92	9.87	8	7	10	7	-3	0	5	5	7
Other Income	0.36	-1.07	0.13	0.23	0.34	0.5	0.13	0.51	0.38	-6.91	0	0	-11	0	0	0	0	0	0
Interest	4.09	4.71	3.56	3.62	4.02	2.52	3.4	3.26	4.13	3.23	3	3	2	2	2	2	2	2	2
Depreciation	3.85	4.45	2.81	2.73	2.22	2.15	2.11	2.01	2	2.02	2	2	1	1	1	1	1	1	1
Profit before tax	0.85	15.32	19.64	18.1	14	13.46	12.93	9.72	7.75	1.32	6	3	-3	3	-6	-3	2	2	5
Tax %	285.88	17.1	25.05	29.5	28.71	25.63	21.19	28.7	33.81	-14.39	34	28	-24	28	-27	-29	28	31	29
Net Profit	-1.59	12.7	14.72	12.77	9.99	10.01	10.19	6.93	5.12	1.52	4	2	-2	2	-4	-2	2	1	3
Net Profit Growth % (QoQ)	-112.5%	-13.7%	15.3%	27.8%	-0.2%	-1.8%	47%	35.4%	236.8%	-62%	100%	200%	-200%	150%	-100%	-200%	100%	-66.7%	-
Net Profit Growth % (YoY)	-115.9%	26.9%	44.5%	84.3%	95.1%	558.6%	154.8%	246.5%	356%	-24%	200%	200%	-200%	100%	-233.3%	-	-	-	-
TTM Net Profit	38.6	50.18	47.49	42.96	37.12	32.25	23.76	17.57	12.64	5.52	6	-2	-6	-2	-3	4	6	4	0
EPS in Rs	-0.46	3.69	4.28	3.72	2.91	2.92	2.97	2.02	1.49	0.44	2.32	1.11	-1.44	1.46	-2.45	-1.37	0.94	0.79	2.04

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	999	655	518	359	372	305	300	255	126	111	94	94	97	136
Sales Growth %	52%	27%	-	-3.5%	22%	1.8%	17.4%	103%	12.8%	18.7%	0%	-2.8%	-29%	15.5%
Expenses	915	585	473	344	349	285	262	229	116	107	92	96	100	122
Operating Profit	84	71	45	15	23	20	38	26	10	5	2	-2	-4	14
OPM %	8	11	9	4	6	7	13	10	8	4	2	-3	-4	10
Other Income	0	1	-6	-10	0	0	0	1	0	-7	1	0	0	0
Interest	16	14	13	8	7	9	8	8	6	5	3	2	2	1
Depreciation	14	8	7	5	4	4	4	3	2	2	2	1	2	2
Profit before tax	54	50	18	-9	11	7	26	17	2	-10	-2	-6	-7	11
Tax %	28	26	29	-27	30	28	30	29	35	-27	-31	-40	-30	9
Net Profit	39	37	13	-6	8	5	18	12	1	-7	-2	-4	-5	10
Net Profit Growth %	5.4%	184.6%	316.7%	-175%	60%	-72.2%	50%	1100%	114.3%	-250%	50%	20%	-150%	-
EPS in Rs	11.23	10.82	3.65	-3.71	4.71	3.22	11.16	7.12	0.79	-4.29	-0.91	-2.15	-2.97	6.1
Dividend Payout %	0	9	16	0	8	12	7	6	0	0	0	0	-6	24

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	86	36	34	33	36	22	4	6	-4	-3	5	2	-1	6
Cash from Investing Activity	-90	-25	-19	-29	-20	-8	-22	-10	-10	-4	-5	-3	-1	-4
Cash from Financing Activity	8	-11	-14	-4	-17	-15	19	3	15	4	3	0	-1	0
Net Cash Flow	4	0	0	0	0	-1	1	-1	1	-3	4	0	-3	3

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	7	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Reserves	202	187	156	136	121	108	104	96	92	75	63	50	59	60	63	67
Borrowings	245	208	164	129	135	105	75	84	90	64	51	41	32	26	23	19
Other Liabilities	209	107	93	68	71	76	64	57	57	43	35	19	30	26	25	24
Total Liabilities	662	505	417	337	331	292	246	241	243	185	153	113	123	116	113	114
Fixed Assets	203	112	107	101	90	80	48	41	33	26	27	20	21	18	16	17
CWIP	3	54	12	12	22	21	28	20	18	14	4	5	2	1	0	0
Investments	0	0	0	0	0	0	0	0	6	0	0	0	0	0	0	0
Other Assets	455	338	298	224	219	192	170	180	185	144	121	88	101	96	97	97
Total Assets	662	505	417	337	331	292	246	241	243	185	153	113	123	116	113	114

Delivery

Delivery Data: HIRECT

#	Date	1001 40% 1399	Value (Cr)	Q/T 18	Del 33	Del 18
1	4-Sep	1222	2	10	58	1
2	3-Sep	1236	4	11	35	1
3	2-Sep	1218	3	9	43	1
4	1-Sep	1248	7	12	40	3
5	31-Aug	1222	4	12	54	2
6	28-Aug	1238	3	10	44	2
7	27-Aug	1223	8	10	46	3
8	26-Aug	1247	3	10	53	2
9	25-Aug	1235	7	13	38	2
10	24-Aug	1223	10	13	49	5
11	21-Aug	1274	14	13	38	5
12	20-Aug	1278	5	13	52	3
13	19-Aug	1264	7	12	38	3
14	18-Aug	1261	4	17	58	2
15	17-Aug	1259	6	11	38	2
16	14-Aug	1256	8	13	41	3
17	13-Aug	1253	19	14	29	5
18	12-Aug	1242	17	13	34	6
19	11-Aug	1222	69	14	28	19
20	10-Aug	1293	8	11	51	4
21	7-Aug	1310	7	12	45	3
22	6-Aug	1297	12	14	53	6
23	5-Aug	1330	16	17	42	7
24	4-Aug	1320	20	13	34	7
25	3-Aug	1339	11	12	42	5
26	31-Jul	1338	22	12	30	7
27	30-Jul	1300	26	15	33	9
28	29-Jul	1323	12	11	41	5
29	28-Jul	1312	11	13	35	4
30	27-Jul	1332	22	13	32	7
31	24-Jul	1302	8	11	28	2
32	23-Jul	1285	12	12	41	5
33	22-Jul	1278	17	13	28	5
34	21-Jul	1309	24	12	28	7
35	20-Jul	1252	11	10	25	3
36	17-Jul	1244	28	16	22	6
37	16-Jul	1288	491	24	7	35
38	15-Jul	1274	144	26	20	29
39	14-Jul	1062	4	13	39	2
40	13-Jul	1053	4	12	48	2
41	10-Jul	1055	5	10	48	2
42	9-Jul	1041	5	12	42	2
43	8-Jul	1025	11	13	35	4
44	7-Jul	1058	7	15	49	4
45	6-Jul	1093	9	14	40	4
46	3-Jul	1092	21	14	36	8
47	2-Jul	1141	9	15	32	3
48	1-Jul	1153	8	12	40	3
49	30-Jun	1159	6	13	47	3
50	29-Jun	1130	11	12	34	4

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	4,332c	8c	0.19
03-Sep	4,324c	87c	2.06
01-Sep	4,237c	1c	0.03
31-Aug	4,235c	8c	0.18
27-Aug	4,228c	42c	0.98
26-Aug	4,270c	43c	1.01
25-Aug	4,227c	13c	0.31
24-Aug	4,214c	287c	6.37
21-Aug	4,501c	169c	3.90
19-Aug	4,332c	6c	0.14
18-Aug	4,338c	3c	0.08
17-Aug	4,334c	14c	0.32
14-Aug	4,321c	16c	0.36
13-Aug	4,305c	19c	0.44
12-Aug	4,324c	200c	4.43
10-Aug	4,524c	19c	0.42
06-Aug	4,544c	12c	0.27
05-Aug	4,531c	16c	0.36
04-Aug	4,547c	26c	0.57
31-Jul	4,574c	71c	1.58
30-Jul	4,502c	80c	1.82
29-Jul	4,422c	60c	1.34
28-Jul	4,482c	100c	2.18
27-Jul	4,582c	124c	2.79
24-Jul	4,457c	0	0

Stock Checklist

Price is above from 52 week high low average: 79%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

No mutual fund holding data available.

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