RIR Power Electronics Limited reported a net profit of ₹6.72 crore for the financial year ended March 31, 2026, a decrease of 18.81% from ₹8.28 crore in the previous year. Revenue from operations for FY26 stood at ₹90.87 crore, an increase of 5.41% compared to ₹86.21 crore in FY25. The company's Adjusted EBITDA for the year was ₹10.58 crore, with a margin of 11.64%, reflecting a contraction of 158 basis points year-on-year.

For the quarter ended March 31, 2026 (Q4 FY26), the company reported a net profit of ₹1.39 crore, a significant increase of 212.53% quarter-on-quarter from ₹0.44 crore in Q3 FY26. Revenue from operations in Q4 FY26 was ₹23.95 crore, up 18.16% quarter-on-quarter. On a year-on-year basis, Q4 net profit declined by 45.54% from ₹2.55 crore, while revenue decreased by 9.50% from ₹26.46 crore. The Adjusted EBITDA for Q4 FY26 was ₹2.46 crore, with a margin of 10.29%.

Strategic Developments

The company announced that construction of the Cleanroom at its SiC Semiconductor Plant in Bhubaneswar, Odisha, is completed. Plant and machinery installation is in progress and estimated to be finished by the end of July 2026. Epitaxial wafer production is expected to be commissioned in the second quarter of FY27. Additionally, RIR Power Electronics secured its first overseas order to supply 5 kV silicon-controlled rectifier (SCR) thyristors, with execution expected by the end of 2026.

The company also achieved a technical milestone by developing a 25 kV–120 kA capacitor discharge vertically integrated semiconductor switch. This device is designed for high-energy pulse power systems, with applications in defense, medical equipment, and directed energy technologies.

Management Commentary

Dr. Harshad Mehta, Non-Executive Chairman, described FY26 as a transformative year focused on scale and efficiency. Mr. N Ramesh Kumar, Managing Director and CEO, highlighted a strong order backlog of approximately ₹17 crore, which provides revenue visibility and reinforces the resilience of the business model.

rir power electronics has scheduled an earnings conference call to discuss its financial performance for the fourth quarter and financial year ended March 31, 2026. The meeting is set to take place on June 2, 2026, at 11.00 a.m. IST, providing a platform for the management to review the company's results and outline future strategic plans.

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to the Bombay Stock Exchange, where the company is listed with Scrip Code 517035.

Key management personnel will lead the discussion, offering insights into the company's operational and financial standing. The participants include Dr. Harshad Mehta, Non-Executive Director and Chairman; Mr. Ramesh Kumar, Managing Director and Chief Executive Officer; and Mr. Ankit Shah, Financial Controller.

The conference call details are as follows:

Access numbers for the conference call have been provided for participants in India and internationally. For India, the primary number is +91 22 6280 1433 and the secondary number is +91 22 7115 8816. International participants can dial in via Hong Kong (800964448), Singapore (8001012045), UK (08081011573), or USA (18667462133).

RIR Power Electronics Limited operates as a global provider of high-power semiconductor solutions, focusing on energy efficiency and innovation. The company's portfolio includes semiconductor devices, assemblies, and energy management systems designed for modern energy applications.