Hind Rectifiers Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹235.6
- Today's High:
- ₹299.2
- Open Price:
- ₹249.35
- 52W Low:
- ₹152.5567
- 52W High:
- ₹322
- Prev. Close:
- ₹249.35
- Volume:
- 444796
Company Statistics
- Market Cap.:
- ₹5.13 billion
- Book Value:
- 67.344
- Revenue TTM:
- ₹3.59 billion
- Operating Margin TTM:
- 2.84%
- Gross Profit TTM:
- ₹797.91 million
- Profit Margin:
- -1.77%
- Return on Assets TTM:
- 2.37%
- 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 0 employees.
Stock update
Shares of Hind Rectifiers Limited opened at ₹249.35 at the start of the last trading session i.e. 2023-05-30.
The stocks traded within a range of ₹235.6 - ₹299.2, and closed at ₹299.2.
This is a +19.99% increase from the previous day's closing price.
A total volume of 444,796 shares were traded at the close of the day’s session.
In the last one week, shares of Hind Rectifiers Limited have increased by +37.31%.
Hind Rectifiers Limited's Key Ratios
Hind Rectifiers Limited has a market cap of ₹5.13 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 ₹3.59 billion with a gross profit of ₹797.91 million and an EBITDA of ₹153.51 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 2.84% while its return on assets stood at 2.37% with a return of equity of -5.81%.
In Q4, Hind Rectifiers Limited’s quarterly earnings growth was a positive 83.5% while revenue growth was a positive 9.2%.
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 ₹-1.5 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 0.17% 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 2023 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 2023 with ₹0 in deferred long-term liabilities, ₹1.51 billion in other current liabilities, in common stock, ₹0 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 2023, 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 2023.
Other key metrics
- Current Trading Price
- ₹299.2
- 52-Week High
- ₹322
- 52-Week Low
- ₹152.5567
- Analyst Target Price
- ₹
Hind Rectifiers Limited stock is currently trading at ₹299.2 per share. It touched a 52-week high of ₹322 and a 52-week low of ₹322. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹213.21 and 200-day moving average was ₹212.99 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 7054.5% of the company’s stock are held by insiders while 0% are held by institutions.
Frequently Asked Questions About Hind Rectifiers Limited
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About
Hind Rectifiers Limited develops, designs, manufactures, and markets power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally. It offers IGBT-based converters, transformers, auxiliary panels, electronics for 3 phase locomotives, and LHB coaches; electrostatic high voltage power supplies for a pollution control system for the power sector; and large power supplies for electrolysis and electrochemical process equipment. The company also provides various traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, electrical switch boards, safety and protection electronics, and rolling stock HVAC systems, as well as electrostatic precipitator, power quality improvement, special rectifiers, and power rectifiers for electrochemical industries. In addition, it offers servicing, maintenance, erectioning, and commissioning services. Hind Rectifiers Limited was incorporated in 1958 and is based in Mumbai, India.