NSE
HIRECT

Hind Rectifiers Limited

Electrical Equipment & Parts
Industrials

Prices are adjusted according to historical splits.

Hind Rectifiers Limited Stock Price

Vitals

Today's Low:
₹357
Today's High:
₹358.5
Open Price:
₹357
52W Low:
₹171
52W High:
₹394.95
Prev. Close:
₹364
Volume:
753

Company Statistics

Market Cap.:
₹6.59 billion
Book Value:
65.239
Revenue TTM:
₹3.84 billion
Operating Margin TTM:
1.51%
Gross Profit TTM:
₹797.91 million
Profit Margin:
-0.57%
Return on Assets TTM:
-0.19%
Return on Equity TTM:
-5.81%

Company Profile

Hind Rectifiers Limited had its IPO on under the ticker symbol HIRECT.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. Hind Rectifiers Limited has a staff strength of 416 employees.

Stock update

Shares of Hind Rectifiers Limited opened at ₹357 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹357 - ₹358.5, and closed at ₹358.5.

This is a -1.51% slip from the previous day's closing price.

A total volume of 753 shares were traded at the close of the day’s session.

In the last one week, shares of Hind Rectifiers Limited have slipped by -6.83%.

Hind Rectifiers Limited's Key Ratios

Hind Rectifiers Limited has a market cap of ₹6.59 billion, indicating a price to book ratio of 3.7714 and a price to sales ratio of 1.0953.

In the last 12-months Hind Rectifiers Limited’s revenue was ₹3.84 billion with a gross profit of ₹797.91 million and an EBITDA of ₹93.43 million. The EBITDA ratio measures Hind Rectifiers Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hind Rectifiers Limited’s operating margin was 1.51% while its return on assets stood at -0.19% with a return of equity of -5.81%.

In Q2, Hind Rectifiers Limited’s quarterly earnings growth was a positive 83.5% while revenue growth was a positive 34.3%.

Hind Rectifiers Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at ₹-1.4 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hind Rectifiers Limited’s profitability.

Hind Rectifiers Limited stock is trading at a EV to sales ratio of 1.3655 and a EV to EBITDA ratio of 63.1369. Its price to sales ratio in the trailing 12-months stood at 1.0953.

Hind Rectifiers Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
₹2.92 billion
Total Liabilities
₹1.51 billion
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
0%

Hind Rectifiers Limited ended 2024 with ₹2.92 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹2.92 billion while shareholder equity stood at ₹1.12 billion.

Hind Rectifiers Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹1.51 billion in other current liabilities, in common stock, ₹198.27 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹1.26 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹243.34 million.

Hind Rectifiers Limited’s total current assets stands at ₹1.86 billion while long-term investments were ₹0 and short-term investments were ₹80.24 million. Its net receivables were ₹675.61 million compared to accounts payable of ₹531.17 million and inventory worth ₹924.42 million.

In 2024, Hind Rectifiers Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Hind Rectifiers Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price
₹358.5
52-Week High
₹394.95
52-Week Low
₹171
Analyst Target Price

Hind Rectifiers Limited stock is currently trading at ₹358.5 per share. It touched a 52-week high of ₹394.95 and a 52-week low of ₹394.95. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹327.72 and 200-day moving average was ₹253.19 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7224.9% of the company’s stock are held by insiders while 0% are held by institutions.

Frequently Asked Questions About Hind Rectifiers Limited

The stock symbol (also called stock or share ticker) of Hind Rectifiers Limited is HIRECT

The IPO of Hind Rectifiers Limited took place on

Similar Industry Stocks (Electrical Equipment & Parts)

Last Price
Chg
Chg%
₹1613.4
-59.5
-3.56%
₹1093.7
-35.3
-3.13%
₹25
0.07
+0.28%
₹49.71
0.95
+1.95%
₹57.99
-0.53
-0.91%
₹466.3
-22.65
-4.63%
₹196.75
-5.55
-2.74%
₹627.65
-1.05
-0.17%
₹7.59
0.17
+2.29%
₹168.05
-11.95
-6.64%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
₹0.14
0.07
+100%
₹0.12
0.04
+45.29%
₹0.96
0.05
+5.4%
₹1.34
-0.35
-20.71%
Humbl Inc (HMBL)
₹0
0
0%

Top Gainers

Last Price
Chg
Chg%
₹0
0
+172200%
₹0
0
+51200%
₹283
280.03
+9428.62%
₹11.2
10.57
+1667.68%
Latch Inc (LTCHW)
₹0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
₹0.19
-123.15
-99.85%
₹0
-0.11
-99.55%
₹0
-0
-97.96%
₹0
-0.01
-93.94%
₹0.01
-0.06
-92.24%

About

Hind Rectifiers Limited engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally. The company provides various traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, panels, electrical switch boards, power supplies, safety and protection electronics, and rolling stock HVAC systems for railways, as well as electrostatic precipitators, power quality improvement solutions, and special and current rectifiers for electrochemical industries. In addition, it offers repairing and servicing, AMC and erectioning, and commissioning services. Hind Rectifiers Limited was incorporated in 1958 and is based in Mumbai, India.

Address

Lake Road, Mumbai, India, 400078