Hind Rectifiers Limited has delivered robust financial performance for the third quarter ended December 31, 2025, demonstrating strong operational momentum across its business segments. The power conversion systems manufacturer reported significant growth in both revenue and profitability metrics during its Board meeting held on February 11, 2026.

Financial Performance Highlights

The company's standalone financial results showcase impressive growth trajectory with revenue from operations reaching ₹2,432.71 million in Q3FY26, representing a substantial 44% increase from ₹1,689.44 million in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹137.28 million, marking a 37% year-on-year growth from ₹100.06 million.

The nine-month performance was equally impressive, with revenue from operations growing 46% to ₹6,851.92 million compared to ₹4,703.18 million in the previous year. Net profit for the nine-month period reached ₹412.90 million, representing a remarkable 52% increase from ₹271.21 million.

Strategic Corporate Actions

The Board of Directors approved several significant corporate initiatives during their meeting. The most notable decision was the approval of a bonus issue in the ratio of 1:1, meaning shareholders will receive one additional fully paid-up equity share of face value ₹2 for every existing share held.

The bonus issue is subject to shareholder approval through postal ballot and other regulatory approvals. The company will announce the record date for determining eligible shareholders in due course, with bonus shares expected to be credited within two months from the Board's approval date, on or before April 12, 2026.

Investment and ESOP Initiatives

The Board approved a strategic investment of ₹90,00,000 in subsidiary Coincade Studios Private Limited through equity share subscription. This investment will increase Coincade's paid-up capital from ₹10,00,000 to ₹1,00,00,000, strengthening the subsidiary's capital base for business expansion and operational requirements.

Additionally, the company granted 1,00,000 employee stock options under the existing ESOP 2018 scheme at a grant price of ₹800 per option. These options will vest within 1-4 years from the grant date and can be exercised within one year of vesting.

Operational Developments

The company expanded its business portfolio with the commencement of Continuously Transposed Conductor (CTC) plant operations, which has been identified as a separate reportable segment from November 3, 2025. However, this new segment reported a loss of ₹10.18 million during the quarter.

The Engineering Products segment continued to be the primary revenue driver, generating ₹2,432.35 million in Q3FY26 with a segment profit of ₹286.87 million.

Exceptional Items and Tax Optimization

The company recognized an exceptional charge of ₹12.77 million during the quarter, representing a one-time increase in employee benefit provisions due to the enactment of New Labour Codes by the Government of India, effective November 21, 2025.

In a positive development, Hind Rectifiers opted for the concessional tax rate of 25.168% under Section 115BAA of the Income Tax Act, 1961, from FY2025-26, which will reduce the company's effective tax burden going forward.

Hind Rectifiers Limited has formally notified the stock exchanges about its upcoming earnings conference call to discuss the company's financial and operational performance for the third quarter and nine months of FY 2025-26. The announcement was made through a regulatory filing dated February 6, 2026, addressed to both NSE and BSE under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The earnings conference call has been scheduled with specific timing and access arrangements for stakeholders and investors.

Access Information

The company has provided multiple access numbers to accommodate participants from different regions. Primary access numbers include +91 22 6280 1309 and +91 22 7115 8210 for domestic participants. International participants can use toll-free numbers specific to their regions, including USA (1866 746 2133), UK (0808 101 1573), Singapore (800 101 2045), and Hong Kong (800 964 448).

Management Participation

The conference call will feature key members of Hind Rectifiers Limited's senior management team who will present and discuss the company's performance metrics.

Regulatory Compliance

The notification was signed by Chief Financial Officer Anil Kumar Nemani and submitted to both the National Stock Exchange Limited (NSE Symbol: HIRECT) and BSE Limited (BSE Scrip Code: 504036). The company's registered office is located at Lake Road, Bhandup (W), Mumbai - 400078, and it operates under CIN L28900MH1958PLC011077.

Strategic Growth Advisors Pvt. Ltd. is coordinating the conference call arrangements, with Mr. Nitin Agarwal and Mr. Karan Thakker serving as primary contacts for RSVP and additional information.