Hind Rectifiers Limited has announced that its officials will participate in an upcoming investor conference. The meeting is scheduled to take place on May 28, 2026, in Mumbai. The intimation was made in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The event is organized by 360 One Capital (B&K) – Trinity India 2026. It is categorized as a 1x1 or Group Meeting and is set to commence at 9:00 am onwards. The company stated that the interactions would be strictly based on publicly available information.

Meeting Details

Hind Rectifiers clarified that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions. The company also noted that changes to the schedule may occur due to exigencies on the part of the host or the company.

Hind Rectifiers Limited announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results on May 16, 2026. The full-year performance reflects robust growth driven by sustained business momentum across railway and industrial segments.

Standalone Financial Performance

Hind Rectifiers delivered strong standalone financial results for FY26. Revenue from operations grew 44.8% year-on-year to INR 949.2 Cr from INR 655.4 Cr in FY25, driven by strong execution across core businesses and robust performance of the traction transformer segment. EBITDA increased 45.5% to INR 102.5 Cr from INR 70.5 Cr in FY25, while net profit surged 54.7% to INR 57.7 Cr from INR 37.3 Cr. Cash flow from operations registered robust growth of 154.8% to INR 90.7 Cr, driven by improved execution, efficient working capital management, and stronger operating discipline. The Return on Capital Employed (ROCE) stood at 24.2% versus 23.4% in FY25, while Return on Equity (ROE) improved to 30.3% from 26.2% in FY25. The debt equity ratio remained stable at 1.02.

The following table presents the extract of standalone audited financial results (figures in ₹ lakhs):

Consolidated Financial Performance

On a consolidated basis, the group reported revenue growth of 52.5% to INR 999.1 Cr and EBITDA growth of 19.6% to INR 84.1 Cr from INR 70.3 Cr in FY25. Consolidated net profit after Minority Interest surged 21.3% to INR 45.0 Cr from INR 37.1 Cr in FY25. Cash flow from operations grew 141.0% to INR 85.8 Cr. The order book remained healthy with an order backlog of INR 845.5 Cr at the end of FY26, while fresh order inflows stood at INR 858.4 Cr during the year.

The following table presents the extract of consolidated audited financial results (figures in ₹ lakhs):

Key Financial Highlights

Strategic Developments

Hind Rectifiers made several key operational and strategic advances during FY26. The company successfully operationalized its specialized Copper Conductor facility at Sinnar with an installed capacity of ~350 TPM, strengthening backward integration for traction transformers and improving supply reliability and cost efficiencies. Significant progress was made in the indigenous propulsion system development program, which is currently in advanced stages of validation and field trials, with completion of EMI/EMC testing identified as a key milestone. The company also received a significant order from Indian Railways for a next-generation propulsion system designed specifically for passenger locomotives. Additionally, Hind Rectifiers secured notable export orders for Traction Transformers to Germany and IGBT-based Inverters to the USA. The company's R&D pipeline remains strong with 42 products under development across multiple platforms.

FY26 also marked a key step in global expansion with the completion of the strategic acquisition of business and operating assets of Elventive France (erstwhile BeLink Solutions), establishing a manufacturing and R&D footprint in Europe to enhance capabilities in EMS, robotics, and printed electronics, while expanding access to high-value sectors including defence, aerospace, and industrial electronics.

Management Commentary

Commenting on the performance, Suramya Nevatia, Chairman & Managing Director of Hind Rectifiers Limited, said: "We delivered a strong performance in FY26, driven by robust execution across our railway and industrial businesses, supported by healthy demand, improving operational efficiencies, and focused capacity expansion initiatives. Importantly, operating cash flow strengthened significantly to Rs. 85.8 crore in FY26, registering a robust growth of 141.0% YoY, driven by improved execution, efficient working capital management, and stronger operating discipline. Sustained investments by Indian Railways in electrification, rolling stock modernisation, and safety systems continue to provide strong long-term growth visibility and a robust opportunity pipeline for the business. With strong industry tailwinds, a healthy order book, improving execution capabilities, strategic backward integration, and continued investments in technology and innovation, we remain confident of delivering sustainable growth and long-term value creation."

Dividend and Capital Actions

The Board of Directors has recommended a dividend of Rs. 1.40 per equity share, i.e., 70% of the face value of Rs. 2/- each, for the financial year ended March 31, 2026. The dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. Additionally, the Board approved the issuance of bonus shares in the ratio of 1:1, reflecting the company's strong financial position and its commitment to reward shareholders.