RIR Power Electronics
213.55
-6.20(-2.82%)
Market Cap₹1,699.27 Cr
PE Ratio174.40
Company Performance:
1D-2.82%
1M+6.03%
6M-19.63%
1Y-25.88%
5Y+5,718.80%
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More news about RIR Power Electronics
16Aug 25
RIR Power Electronics Reports Stable Revenue, Lower Profitability in Q1 FY26 Amid Strategic Investments
RIR Power Electronics announced Q1 FY26 results with revenue at ₹21.01 crore, nearly flat compared to Q1 FY25. However, profitability declined with EBITDA falling 14.24% to ₹2.89 crore and PAT dropping 38.52% to ₹1.74 crore. The company received government support for a ₹618 crore Silicon Carbide semiconductor facility in Bhubaneswar. Strategic moves include NSE listing approval, 1:1 bonus issue, 5:1 stock split, and ESOP formulation. Management views this as a strategic investment phase, expecting future benefits from recent initiatives.
07Aug 25
RIR Power Electronics Dispatches Postal Ballot Notice for ESOP and Director Appointment
RIR Power Electronics has dispatched its postal ballot notice following board approvals on December 13, 2025, seeking shareholder consent for three special resolutions including ESOP 2025 implementation, extension to subsidiaries/associates, and appointment of Mr. Kush Gupta as Independent Director, with comprehensive e-voting timeline established through January 2026.
07Aug 25
RIR Power Electronics Secures Odisha Government Fiscal Support for Groundbreaking SiC Semiconductor Plant
RIR Power Electronics Limited has received approval for fiscal support from the Odisha government for Phase 1 of its Silicon Carbide (SiC) semiconductor manufacturing facility in Bhubaneswar. The total project cost is ₹618 crore, with ₹65 crore already incurred in capital expenditure. The government has approved an eligible capital subsidy of ₹32 crore. The facility will produce high-power SiC MOSFETs, IGBTs, and diodes for electric vehicles, renewable energy, power electronics, and industrial automation sectors. This project is seen as a significant contribution to India's technological self-reliance and the Make in India initiative.
26Jul 25
RIR Power Electronics Independent Director Kaushal Mehta Steps Down
Mr. Kaushal Mahendra Mehta has resigned from his position as an Independent Director of RIR Power Electronics Limited, effective July 26, 2025. The resignation, citing personal reasons, was promptly communicated to the Bombay Stock Exchange in compliance with SEBI regulations. The company acknowledged Mehta's contributions during his tenure.
RIR Power Electronics
213.55
-6.20
(-2.82%)
1 Year Returns:-25.88%
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