Hind Rectifiers Limited (NSE:HIRECT)

Hind Rectifiers Statistics

Total Valuation

Hind Rectifiers has a market cap or net worth of INR 38.41 billion. The enterprise value is 40.79 billion.

Market Cap	38.41B
Enterprise Value	40.79B

Important Dates

The last earnings date was Saturday, May 16, 2026.

Earnings Date	May 16, 2026
Ex-Dividend Date	Jul 22, 2025

Share Statistics

Current Share Class	34.37M
Shares Outstanding	n/a
Shares Change (YoY)	+0.39%
Shares Change (QoQ)	-0.11%
Owned by Insiders (%)	48.72%
Owned by Institutions (%)	5.74%
Float	12.38M

Valuation Ratios

The trailing PE ratio is 85.33.

PE Ratio	85.33
Forward PE	n/a
PS Ratio	3.84
PB Ratio	18.66
P/TBV Ratio	20.85
P/FCF Ratio	n/a
P/OCF Ratio	44.76
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 48.51, with an EV/FCF ratio of -352.18.

EV / Earnings	90.62
EV / Sales	4.08
EV / EBITDA	48.51
EV / EBIT	58.07
EV / FCF	-352.18

Financial Position

The company has a current ratio of 1.12, with a Debt / Equity ratio of 1.19.

Current Ratio	1.12
Quick Ratio	0.63
Debt / Equity	1.19
Debt / EBITDA	2.91
Debt / FCF	-21.12
Interest Coverage	4.40

Financial Efficiency

Return on equity (ROE) is 21.11% and return on invested capital (ROIC) is 12.30%.

Return on Equity (ROE)	21.11%
Return on Assets (ROA)	8.13%
Return on Invested Capital (ROIC)	12.30%
Return on Capital Employed (ROCE)	26.43%
Weighted Average Cost of Capital (WACC)	5.89%
Revenue Per Employee	18.54M
Profits Per Employee	835,028
Employee Count	539
Asset Turnover	1.85
Inventory Turnover	5.46

Taxes

In the past 12 months, Hind Rectifiers has paid 153.14 million in taxes.

Income Tax	153.14M
Effective Tax Rate	28.41%

Stock Price Statistics

The stock price has increased by +78.33% in the last 52 weeks. The beta is 0.31, so Hind Rectifiers's price volatility has been lower than the market average.

Beta (5Y)	0.31
52-Week Price Change	+78.33%
50-Day Moving Average	861.96
200-Day Moving Average	794.07
Relative Strength Index (RSI)	68.38
Average Volume (20 Days)	306,319

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Hind Rectifiers had revenue of INR 9.99 billion and earned 450.08 million in profits. Earnings per share was 13.05.

Revenue	9.99B
Gross Profit	2.63B
Operating Income	702.41M
Pretax Income	539.11M
Net Income	450.08M
EBITDA	818.57M
EBIT	702.41M
Earnings Per Share (EPS)	13.05

Balance Sheet

The company has 49.83 million in cash and 2.45 billion in debt, with a net cash position of -2.40 billion.

Cash & Cash Equivalents	49.83M
Total Debt	2.45B
Net Cash	-2.40B
Net Cash Per Share	n/a
Equity (Book Value)	2.06B
Book Value Per Share	60.65
Working Capital	490.97M

Cash Flow

In the last 12 months, operating cash flow was 858.12 million and capital expenditures -973.93 million, giving a free cash flow of -115.81 million.

Operating Cash Flow	858.12M
Capital Expenditures	-973.93M
Depreciation & Amortization	116.16M
Net Borrowing	195.86M
Free Cash Flow	-115.81M
FCF Per Share	n/a

Margins

Gross margin is 26.33%, with operating and profit margins of 7.03% and 4.50%.

Gross Margin	26.33%
Operating Margin	7.03%
Pretax Margin	5.40%
Profit Margin	4.50%
EBITDA Margin	8.19%
EBIT Margin	7.03%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 0.09%.

Dividend Per Share	1.00
Dividend Yield	0.09%
Dividend Growth (YoY)	66.67%
Years of Dividend Growth	2
Payout Ratio	7.63%
Buyback Yield	-0.39%
Shareholder Yield	-0.30%
Earnings Yield	1.17%
FCF Yield	-0.30%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 27, 2026. It was a forward split with a ratio of 2.

Last Split Date	Mar 27, 2026
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	5