Hirect Limited
NSE: HIRECT · Industrial Products
Snapshot
Unlock Hirect Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hind Rectifiers Limited designs, manufactures, and markets power semiconductor devices, electronic equipment, and railway transportation components. The company serves diverse sectors including power, electrochemical, and railway infrastructure through a comprehensive portfolio of converters, transformers, and power supply systems.
Business Model
The company generates revenue through the sale of specialized power electronic equipment and railway components, complemented by value-added services such as maintenance, erectioning, and commissioning. It leverages long-standing technical expertise to provide bespoke solutions for industrial and transportation applications.
- Incorporation Year:1958
Growth Outlook
Growth is primarily driven by the ongoing modernisation of Indian railway infrastructure and the increasing demand for high-efficiency power electronics in the industrial sector. The company's focus on advanced propulsion systems and pollution control equipment positions it to benefit from domestic industrialisation trends.
Key Risks
- Dependency on Railway Sector. A significant portion of revenue is tied to railway infrastructure projects, making the company vulnerable to fluctuations in government capital expenditure and policy shifts.
- Raw Material Price Volatility. Fluctuations in the costs of essential raw materials like copper and electronic components can adversely impact profit margins.
- Intense Competition. The company faces stiff competition from both domestic and international players offering similar power electronic and semiconductor solutions.
- Technological Obsolescence. Rapid advancements in power electronics require continuous R&D investment to remain competitive and meet evolving industry standards.
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Key Metrics
P/E
55.0×
Q1 FY27 · consolidated
EV/EBITDA
57.0x
Q1 FY27 · consolidated
NET PROFIT MARGIN
2.5%
Q1 FY27 · consolidated
DEBT TO EQUITY
1.1x
Q1 FY27 · consolidated
Peers · Industrial Products
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Hirect LimitedHIRECT | ₹4,262 Cr | 55.0× | 57.03 | — | 7.6% | 17.5% | 27.8% | -32.9% |
Tempsens Instruments (India) LimitedTEMPSENS | ₹4,742 Cr | — | — | — | 23.0% | — | — | — |
Pitti Engineering LimitedPITTIENG | ₹4,395 Cr | 33.5× | 13.81 | 12.2% | 18.1% | 13.2% | 18.1% | +11.7% |
WPIL LimitedWPIL | ₹4,298 Cr | — | — | — | 17.0% | — | — | -5.1% |
John Cockerill India LimitedCOCKERILL | ₹4,021 Cr | 335.1× | 101.32 | 78.6% | 7.2% | 5.7% | 8.3% | +32.3% |
AimtronAIMTRON | ₹3,738 Cr | — | — | — | 21.0% | — | — | +170.9% |
As of Q1 FY27
Financials
Hirect Limited
NSE: HIRECT · Industrial Products
Snapshot
Unlock Hirect Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hind Rectifiers Limited designs, manufactures, and markets power semiconductor devices, electronic equipment, and railway transportation components. The company serves diverse sectors including power, electrochemical, and railway infrastructure through a comprehensive portfolio of converters, transformers, and power supply systems.
Business Model
The company generates revenue through the sale of specialized power electronic equipment and railway components, complemented by value-added services such as maintenance, erectioning, and commissioning. It leverages long-standing technical expertise to provide bespoke solutions for industrial and transportation applications.
- Incorporation Year:1958
Growth Outlook
Growth is primarily driven by the ongoing modernisation of Indian railway infrastructure and the increasing demand for high-efficiency power electronics in the industrial sector. The company's focus on advanced propulsion systems and pollution control equipment positions it to benefit from domestic industrialisation trends.
Key Risks
- Dependency on Railway Sector. A significant portion of revenue is tied to railway infrastructure projects, making the company vulnerable to fluctuations in government capital expenditure and policy shifts.
- Raw Material Price Volatility. Fluctuations in the costs of essential raw materials like copper and electronic components can adversely impact profit margins.
- Intense Competition. The company faces stiff competition from both domestic and international players offering similar power electronic and semiconductor solutions.
- Technological Obsolescence. Rapid advancements in power electronics require continuous R&D investment to remain competitive and meet evolving industry standards.
Start your research today
Unlock AI insights, financials, peers and live data on Hirect Limited and 5,000+ companies — free.
Key Metrics
P/E
55.0x
Q1 FY27 · consolidated
EV/EBITDA
57.0x
Q1 FY27 · consolidated
NET PROFIT MARGIN
2.5%
Q1 FY27 · consolidated
DEBT TO EQUITY
1.1x
Q1 FY27 · consolidated
Peers · Industrial Products
As of Q1 FY27