According to reports from CNBC TV18, Hind Rectifiers reported a consolidated net loss of ₹4.51 crore in the quarter ended March 2026, marking a significant reversal from the net profit of ₹9.99 crore recorded in the corresponding quarter of the previous year. Despite the loss, the company demonstrated strong operational momentum with sales rising 51% to ₹279.8 crore compared to ₹185.1 crore in Q4 FY2025. The company's EBITDA fell 58% to ₹8.42 crore during the quarter, compared with ₹19.9 crore in the year-ago period, while EBITDA margin contracted to 3.0% from 10.8% in the corresponding quarter last year. However, the consolidated loss was primarily attributed to a non-controlling interest loss of ₹6.09 crore at the subsidiary level, while the company's standalone operations showed strong performance with net profit rising 60.7% to ₹16.40 crore from ₹10.20 crore in Q4 FY2025.
As reported by CNBC TV18, for the full financial year ended March 2026, Hind Rectifiers achieved net profit of ₹38.60 crore, representing a 4.02% increase from ₹37.11 crore in the previous year. The company's annual performance was particularly impressive with sales surging 52.45% to ₹999.13 crore compared to ₹655.37 crore in FY2025, crossing the ₹999 crore revenue milestone on a consolidated basis. The full-year consolidated profit attributable to owners was ₹45.01 crore against ₹37.11 crore in FY25, a 21.3% increase that reflects the extraordinary pace of order execution across railway and defence electronics segments. The operating profit margin (OPM) for Q4 stood at 3.01% compared to 10.75% in the same quarter last year, while the full year OPM was 8.42% versus 10.73% in the previous year.
According to CNBC TV18, the company's board recommended a dividend of ₹1.40 per equity share, equivalent to 70% of the face value of ₹2 each fully paid up, for the financial year ended March 31, 2026. The dividend will be paid within 30 days of declaration by shareholders at the ensuing AGM, with the AGM date to be announced later. Additionally, the board approved the re-appointment of Suramya Nevatia as Managing Director for a period of three years from August 17, 2026, to August 16, 2029, subject to shareholders' approval. The company also approved a revision in remuneration and other terms of appointment of Akshada Nevatia as Executive Director, based on the recommendation of the Nomination and Remuneration Committee, subject to shareholders' approval. The equity share capital stands at ₹6.87 crore as of March 31, 2026, following a rights issue that doubled the paid-up capital from ₹3.43 crore, with basic EPS before exceptional items for FY26 at ₹13.68 on the post-rights capital base.
As reported by CNBC TV18, shares of Hind Rectifiers ended at ₹945.30 on Friday (May 15), up by ₹38.30 or 4.22% on the BSE. The positive market response came despite the quarterly loss, suggesting investor confidence in the company's strong revenue growth trajectory and future prospects. The stock's performance reflects market optimism about the company's operational improvements and growth potential in the power and railway equipment sector, with the company being a direct beneficiary of India's accelerated railway modernisation programme including Vande Bharat trains, metro rail expansions, and locomotive upgrades.
