Hind Rectifiers Limited — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hind Rectifiers delivered strong Q1 FY26 results: Revenue surged 58.5% YoY to INR214.8 Cr, EBITDA rose 66.9% to INR24.2 Cr (margin 11.3%), and PAT jumped 85.5% to INR12.8 Cr (margin 5.9%). The order book hit an all-time high of over INR1,022 Cr. Their indigenously developed propulsion system is set for field trials, with initial development orders already secured. Management aims for minimum 30% growth for FY26, driven by robust Railways demand, strategic backward integration, and increasing exports, maintaining a confident outlook.