Hind Rectifiers Limited — PPTs, 11-02-2026: Investor Presentation

Here's a concise summary for retail investors:

**Business Performance:** Hind Rectifiers delivered strong Q3 FY26 results, with consolidated revenue soaring 64.2% YoY to Rs. 277.4 Crore, its highest-ever quarterly revenue, driven by robust railway traction transformer and power electronics supplies. Operating EBITDA rose 44.9% YoY to Rs. 25.5 Crore, and PAT increased 30.1% to Rs. 13.0 Crore.

**Growth Drivers & Strategy:** Strategically, the company is bolstering its backward integration by commencing in-house copper conductor manufacturing, aiming for better cost efficiency and supply reliability. Global expansion continues with BeLink Solutions integration, targeting European railway and defense markets.

**Recent Developments:** Recent notable updates include the Board approving a 1:1 bonus share issue to enhance liquidity and reward shareholders. Douglas J. Bailey was appointed Global CEO. The robust order book stands at Rs. 1,013.0 Crore, largely from Indian Railways.

**Management Outlook:** Management anticipates favorable industry tailwinds from government emphasis on railway electrification, modernization, and defense indigenization, confident in sustainable growth with strong execution and strategic initiatives.