Hind Rectifiers Complete Financial Statements
In FY2026, Hind Rectifiers (HIRECT) reported revenue ₹281 Cr, net profit ₹-2 Cr and EPS ₹1.52, with a net profit margin of -0.7% and ROE of -1.0%. Full financial statements from FY2023 to FY2026 (4 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. Review HIRECT earnings valuation to evaluate earnings-based valuation against sector peers.
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Profitability Ratios
Balance Sheet Ratios
HIRECT Revenue, Net Profit & EBITDA — Year-on-Year Growth
HIRECT YoY (Mar 2025 vs Mar 2026) — revenue +51.9%, net profit -120.0%, EBITDA -55.0%, expenses +64.8%. For live price, earnings ratios and company overview, see HIRECT stock price BSE.
HIRECT Income Statement — Revenue, EBITDA & Net Profit
Hind Rectifiers revenue ₹281 Cr, EBITDA ₹9 Cr, net profit ₹-2 Cr, EPS ₹1.52 (2026) — net profit margin -0.7%. Explore HIRECT intrinsic value to estimate fundamental worth using multiple valuation models.
| Particulars | Mar 2026 | Sept 2025 | Mar 2025 | Jun 2025 | Dec 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 281 | 227 | 185 | 215 | 278 | 166 | 152 | 136 | 169 | 137 |
| Expenses | 272 | 201 | 165 | 191 | 253 | 148 | 138 | 121 | 151 | 130 |
| EBITDA | 9 | 26 | 20 | 25 | 25 | 18 | 14 | 15 | 18 | 7 |
| Operating Profit Margin % | 3.00% | 11.00% | 11.00% | 11.00% | 9.00% | 11.00% | 9.00% | 11.00% | 10.00% | 5.00% |
| Depreciation | 4 | 3 | 2 | 3 | 4 | 2 | 2 | 2 | 2 | 2 |
| Interest | 4 | 4 | 4 | 4 | 5 | 3 | 4 | 3 | 3 | 3 |
| Profit Before Tax | 1 | 20 | 14 | 18 | 15 | 13 | 8 | 10 | 14 | 1 |
| Tax | 2 | 5 | 4 | 5 | 3 | 3 | 3 | 3 | 3 | 0 |
| Net Profit | -2 | 15 | 10 | 13 | 13 | 10 | 5 | 7 | 10 | 2 |
| Earnings Per Share (₹) | 1.52 | 8.58 | 5.83 | 7.44 | 7.58 | 5.95 | 2.99 | 4.04 | 5.84 | 0.89 |
HIRECT Balance Sheet — Assets, Liabilities & Shareholders' Equity
HIRECT total assets ₹662 Cr, total equity ₹209 Cr, total liabilities ₹ Cr (2026) — ROE -1.0%.
| Particulars | 2026 | 2025 | 2024 |
|---|---|---|---|
| ASSETS | |||
| Total Assets | 662 | 417 | 331 |
| Current Assets | 445 | 264 | 209 |
| Fixed Assets | 207 | 107 | 90 |
| Capital Work in Progress | 3 | 12 | 22 |
| Investments | 149 | 0 | 0 |
| Other Assets | 0 | 298 | 219 |
| LIABILITIES | |||
| Total Liabilities | |||
| Current Liabilities | 60 | 39 | 34 |
| Non-Current Liabilities | |||
| SHAREHOLDERS' EQUITY | |||
| Total Equity | 209 | 160 | 125 |
| Share Capital | 7 | 3 | 3 |
| Reserves & Surplus | 202 | 156 | 121 |
HIRECT Cash Flow Statement — Operating, Investing & Financing
Hind Rectifiers operating cash flow ₹36 Cr, investing ₹-25 Cr, financing ₹-11 Cr, net cash flow ₹0 Cr (2025).
| Particulars | March 2025 | March 2024 |
|---|---|---|
| Operating Activities | 36 | 34 |
| Investing Activities | -25 | -20 |
| Financing Activities | -11 | -14 |
| Net Cash Flow | 0 | 0 |