Debut Plus

1,244.5

-43.8 -3.40%

18 Jul 2026

NSE Listed

Hind Rectifier Limited (HIRECT)

Volume: 36,89,387Avg Vol 1W: 9,95,602.6Avg Vol 1M: 3,21,485.1552W Range:565.21,399
Market Cap₹4,428 Cr
Current Price₹1,244.5
Previous Close₹1,288.3
High / Low (52w)₹1,399 / ₹565.2
Volume36,89,387
Avg Vol (1W)9,95,602.6
Avg Vol (1M)3,21,485.15
Stock P/E43.14
Book Value₹93.24
Dividend Yield
ROE26.2%
ROA
Revenue (TTM)₹657 Cr
Revenue Growth
Profit Margin
Total Debt₹28 Cr
Shares Outstanding
Face Value₹2
EPS (TTM)₹21.72
P/B10.05
Debt / Equity1.05
50 DMA₹1,095.64
200 DMA₹845.55
Day change-3.40%
Price Chart
1,244.5 89.29% · 1Y
127458062.1L
2025-07-17
2026-07-16

20-day avg volume: 3.2L shares

Pros
  • Healthy return on equity of 26.2%.
  • Company is almost debt-free.
  • Net profit is growing year over year.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹136 Cr₹166 Cr₹169 Cr₹185 Cr₹215 Cr₹227 Cr₹277 Cr₹280 Cr
EBITDA₹13 Cr₹16 Cr₹16 Cr₹18 Cr₹22 Cr₹23 Cr₹21 Cr₹6 Cr
Net Profit₹7 Cr₹10 Cr₹10 Cr₹10 Cr₹13 Cr₹15 Cr₹13 Cr₹-2 Cr
EPS
Profit & Loss (Annual)
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹300 Cr₹305 Cr₹372 Cr₹359 Cr₹518 Cr₹657 Cr₹1,001 Cr
EBITDA₹34 Cr₹16 Cr₹18 Cr₹10 Cr₹37 Cr₹63 Cr₹72 Cr
Net Profit₹18 Cr₹5 Cr₹8 Cr₹-6 Cr₹13 Cr₹37 Cr₹45 Cr
EPS11.163.224.68-3.847.2821.613.05
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹243 Cr₹241 Cr₹246 Cr₹292 Cr₹331 Cr₹417 Cr₹662 Cr
Total Liabilities₹147 Cr₹141 Cr₹139 Cr₹181 Cr₹206 Cr₹257 Cr₹456 Cr
Equity₹96 Cr₹100 Cr₹107 Cr₹112 Cr₹125 Cr₹160 Cr₹206 Cr
Total Debt₹15 Cr₹11 Cr₹21 Cr₹24 Cr
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹24 Cr₹39 Cr₹34 Cr₹34 Cr₹44 Cr₹99 Cr
Investing₹-8 Cr₹-20 Cr₹-29 Cr₹-19 Cr₹-25 Cr₹-90 Cr
Financing₹-15 Cr₹-17 Cr₹-4 Cr₹-14 Cr₹-11 Cr₹8 Cr
Free Cash Flow₹24 Cr₹39 Cr₹34 Cr₹34 Cr₹44 Cr₹99 Cr
Shareholding
Promoter 43.92% Institutions 6.77% Public 49.31%
Efficiency & Working Capital
ROCE15.4%
Interest Coverage4.2
Dividend Payout
Debtor Days90 d
Inventory Days54 d
Payable Days43 d
Cash Conversion Cycle101 d
Working Capital Days144 d
Shareholding Details

As of 2026-06-30

Promoter43.9%
FII6.6%
DII0.2%
Institutions6.8%
Public49.3%
Promoter Pledge6.8%
No. of Shareholders22,270
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters44.1%44.1%44%44%44%44%44%44%43.9%43.9%43.9%43.9%
FIIs6.3%5.7%5.8%5.8%6%6.3%6%6.3%6.6%6.2%6.4%6.6%
DIIs0%0%0%0%0%0.1%0%0.1%0.1%0.1%0.1%0.2%
Public49.6%50.2%50.2%50.1%50%49.6%50%49.6%49.3%49.7%49.6%49.3%
Promoter Pledge0%0%0%0%0%0%0%0%6.8%6.8%6.8%6.8%
No. of Shareholders7,5808,4039,93610,99714,31916,59318,24118,49624,03823,27621,70022,270
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Saurabh Sushil NevatiaShareholding of Promoter and Promoter Group21%72,16,876
Suramya Saurabh NevatiaShareholding of Promoter and Promoter Group15%51,49,536
Btr Industries LtdPublic Shareholding7%24,00,000
Cassini Partners L.p. Managed By HabrokPublic Shareholding2.9%10,11,398
Suryansh Saurabh NevatiaShareholding of Promoter and Promoter Group2.8%9,57,000
Habrok India Master LpPublic Shareholding2.5%8,58,064
Shriya Saurabh NevatiaShareholding of Promoter and Promoter Group2.1%7,20,400
Niraj BajajPublic Shareholding1.8%6,00,000
Bharti Saurabh NevatiaShareholding of Promoter and Promoter Group1.6%5,42,200
Surabhi GolyanShareholding of Promoter and Promoter Group1.5%5,00,000
Mukul Mahavir AgrawalPublic Shareholding1.5%5,00,000
Vanaja Sundar IyerPublic Shareholding1%3,50,033
Veena K JagwaniPublic Shareholding1%3,44,000
Akshada S NevatiaShareholding of Promoter and Promoter Group0%11,700
Saurabh Nevatia (karta Of Sushil Kumar Nevatia Huf)Shareholding of Promoter and Promoter Group0%0
Adiv NevatiaShareholding of Promoter and Promoter Group0%0
Nurvi NevatiaShareholding of Promoter and Promoter Group0%0
Saurabh Nevatia (karta Of Saurabh Nevatia Huf)Shareholding of Promoter and Promoter Group0%0
Elventive Tech Private LimitedShareholding of Promoter and Promoter Group0%0
Force Motion Technology Private LimitedShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Suramya Saurabh Nevatia10,16,00019.7%2026-06-30
Bharti Saurabh Nevatia00%2026-06-30
Akshada S Nevatia11,700100%2026-06-30
Suryansh Saurabh Nevatia00%2026-06-30
Surabhi Golyan00%2026-06-30
Shriya Saurabh Nevatia00%2026-06-30
Saurabh Sushil Nevatia00%2026-06-30
Saurabh Nevatia (karta Of Sushil Kumar Nevatia Huf)00%2026-06-30
Adiv Nevatia00%2026-06-30
Nurvi Nevatia00%2026-06-30
Saurabh Nevatia (karta Of Saurabh Nevatia Huf)00%2026-06-30
Elventive Tech Private Limited00%2026-06-30
Board of Directors
NameDesignationYear
Parimal MerchantNon Executive Director2025
Vandan ShahIndependent Director2025
Akshada NevatiaWhole Time Director2025
Ashlesha BodasIndependent Director2025
Suramya NevatiaChairman & Managing Director2025
Vishal PacheriwalaIndependent Director2025
Segments — Product
SegmentRevenueShare
Electronic Components₹10 Cr7.9%
Equipments₹119 Cr92.1%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹21077
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-04Dividend (1.4/- per share)Final
bonus2026-03-27Bonus issue 1:1
bonus2026-03-271:11:1 Bonus Issue of Equity Shares
dividend2025-07-22₹2 (100%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500073947
2025000000
202500072836
Insider / Designated-Person Trades

30 recent disclosure(s)

Shriya NevatiaAcquisition · 5,000
Suryansh NevatiaAcquisition · 6,500
Saurabh Nevatia Karta of Saurabh Nevatia HUFDisposal · 11,500
Akshada Suramya NevatiaPledge · 5,850
Suramya Saurabh NevatiaPledge · 5,08,000
FAZALE ABBAS SAHERWALAAcquisition · 1,700
Company Information
Incorporated1958
ChairmanSuramya Nevatia
AuditorGMJ & Co
Investor Email[email protected]; [email protected]; market
🌐 www.hirect.com

📍 Lake Road, Bhandup (W), Mumbai, Maharashtra, 400078

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