RIR Power Electronics releases Q1FY27 earnings call audio link

RIR Power Electronics has published the audio recording of its first-quarter fiscal year 2027 earnings conference call. The meeting took place on Thursday, August 13, 2026, following the company's release of standalone financial results for the period.

The disclosure was made in compliance with Regulation 30 and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bhavin P Rambhia, Company Secretary of RIR Power Electronics, signed the communication addressed to the Bombay Stock Exchange and the National Stock Exchange.

Financial Performance Metrics

The financial performance highlights the company's strengthening position in India's power semiconductor ecosystem. Revenue grew from ₹21.01 crore in Q1FY26 to ₹27.16 crore in Q1FY27, while PAT rose from ₹1.74 crore to ₹3.14 crore. The adjusted EBITDA margin expansion to 17.32% from 13.75% indicates effective cost management alongside top-line growth. Basic EPS per share increased by 71.47% to ₹0.39 from ₹0.23 in the corresponding quarter of the previous year.

The following table outlines the key financial indicators for Q1FY27 compared to Q1FY26 and Q4FY26:

Metric:	Q1FY27	Q1FY26	YoY Change	Q4FY26	QoQ Change
Revenue (₹ crore):	27.16	21.01	+29.28%	23.95	+13.42%
Adjusted EBITDA (₹ crore):	4.71	2.89	+62.87%	2.46	+90.89%
Adjusted EBITDA Margin:	17.32%	13.75%	+357 bps	10.29%	+703 bps
PAT (₹ crore):	3.14	1.74	+80.59%	1.39	+126.07%
PAT Margin:	11.23%	8.14%	+309 bps	5.55%	+568 bps
Basic EPS (₹):	0.39	0.23	+71.47%	0.17	+131.99%

Note: Adjusted EBITDA excludes ESOP expenses of ₹0.72 crore in Q1FY27.

Strategic Developments and Leadership Changes

Alongside the financial results, RIR Power Electronics announced several strategic developments. The company appointed Vivek Patel as a Non-Executive Independent Director, leveraging his expertise in corporate governance and strategic planning. Additionally, Ankit Shah was elevated to Chief Financial Officer, bringing over 15 years of experience in transaction advisory and M&A. These leadership changes aim to strengthen the Board's oversight and financial strategy.

The company also marked a significant milestone by listing on the National Stock Exchange (NSE) on July 16, 2026. This listing is expected to enhance liquidity and broaden the investor base. Furthermore, RIR Power Electronics secured its first overseas order for 120 units of 125 mm 5kV SCR thyristors, reinforcing its global competitiveness. In the domestic arena, the company showcased its railway power electronics solutions at RailTrans Expo 2026, deepening its engagement with India's railway infrastructure sector.

What the Numbers Show

The simultaneous expansion in both revenue and margins suggests that RIR Power Electronics is benefiting from favorable product mix or pricing power, rather than just volume growth. The 357 basis point improvement in adjusted EBITDA margin, outpacing the 29.28% revenue growth, indicates operational efficiency gains. The strong QoQ improvement in PAT (126.07%) further underscores the accelerating momentum into FY27. With new leadership in place and expanded market access via NSE listing, the company is well-positioned to capitalize on emerging opportunities in electric mobility and renewable energy sectors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.75%	+4.41%	+1.65%	+1.65%	+1.65%	+1.65%

RIR Power Electronics will list its equity shares on the National Stock Exchange of India Limited (NSE) with effect from Thursday, July 16, 2026. This move enhances stock liquidity, improves price discovery, and broadens access to a diversified base of institutional and retail investors. The company, already listed on BSE Limited since 1986, received the necessary approval from the exchange for the listing and trading of its securities.

The NSE confirmed that 79,572,400 equity shares of Rs. 2/- each fully paid up will be admitted to dealings under the symbol RIR. The market lot for these securities is set at 1, with distinctive numbers ranging from 1 to 79,572,400. There are no lock-in restrictions applicable to these shares. The approval was communicated via NSE letter no. NSE/LIST/250 dated July 14, 2026.

Listing Details

The following table outlines the key specifications of the securities admitted to trading on the NSE:

Sr. No.	Description of Securities	Symbol	Series	No. of Securities	Mkt. Lot	Distinctive Numbers	Lock-in details
1.	Equity shares of Rs. 2/- each fully paid up	RIR	EQ	79572400	1	1 to 79572400	Not Applicable

Management Commentary

Dr. Harshad Mehta, Non-Executive Chairman of RIR Power Electronics Ltd., stated that the listing represents an important chapter in the company's growth journey. He added that it reflects shareholder trust and acknowledges the dedication of employees and stakeholders. Mr. N. Ramesh Kumar, Managing Director & CEO, noted that the NSE listing is a pivotal step in strengthening the company's growth trajectory and attracting diverse investors.

Company Overview

RIR Power Electronics Limited, founded in 1969, is a manufacturer of high-power semiconductor devices and power electronics solutions. The company has a current market cap of approximately Rs. 1,257 crores as on July 14, 2026. It produces semiconductor devices used across critical infrastructure sectors including railways, defense, Electric Vehicles (EVs), and power generation. The company currently operates a manufacturing plant in Halol, Gujarat, and is setting up a new facility in Bhubaneshwar, Odisha.