Hind Rectifiers Ltd P/E Ratio

The P/E Ratio of Hind Rectifiers Ltd is 70.3 as of 26 Jul 9.00 AM .a1#The P/E Ratio of Hind Rectifiers Ltd changed from 16 on March 2019 to 82.5 on March 2024 . This represents a CAGR of 31.44% over 6 years. a1#The Latest Trading Price of Hind Rectifiers Ltd is ₹ 710.25 as of 25 Jul 15:30 .a1#The PE Ratio of Consumer Durables Industry has changed from -50.7 to 60.6 in 5 years. This represents a CAGR of NaN%a1# The PE Ratio of Automobile industry is 18.9. The PE Ratio of Consumer Durables industry is 73.5. The PE Ratio of Finance industry is 23.0. The PE Ratio of IT - Software industry is 29.1. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 24.3. In 2024a1#The Market Cap of Hind Rectifiers Ltd changed from ₹ 188.58 crore on March 2019 to ₹ 1031 crore on March 2024 . This represents a CAGR of 32.75% over 6 years. a1#The Revenue of Hind Rectifiers Ltd changed from ₹ 72.66 crore to ₹ 151.74 crore over 8 quarters. This represents a CAGR of 44.51% a1#The EBITDA of Hind Rectifiers Ltd changed from ₹ -0.25 crore to ₹ 13.88 crore over 8 quarters. This represents a CAGR of NaN% a1#The Net Pr of Hind Rectifiers Ltd changed from ₹ -2.27 crore to ₹ 5.12 crore over 8 quarters. This represents a CAGR of NaN% a1#The Dividend Payout of Hind Rectifiers Ltd changed from 5.61 % on March 2019 to 16.45 % on March 2024 . This represents a CAGR of 19.64% over 6 years. a1#

Hind Rectifiers Ltd, known as Hirect, is a leading manufacturer of rectifier equipment and semi-conductor devices. It also manufacturers a wide range of products used for railways, AC electric locomotives and AC electrical multiple units. The Company was incorporated in April 1958. The Company is engaged in developing, designing, manufacturing and marketing Power Semiconductor, Power Electronic Equipments and Railway Transportation Equipments. The company signed a technical collaboration agreement with Friem, Italy to manufacture water-cooling rectifiers for electrochemical applications. Based on this technology, it has received orders from Sterlite Industries, Chemfab Chlorates and Sree Rayalaseema Alkalies and Chemicals. It had a technical collaboration agreement with Electric Research & Development Centre, Kerala, to manufacture transistorised PWM AC drives and with Powersem, Germany, for isopack bridges. Hirect has its own R&D department, recognised by the Department of Science & Technology, Government of India. Based on in-house R&D, efforts are being made to develop traction rectifiers for diesel locomotives and 5400-kVA loco transformers for railways. In its pursuit of the ISO-9002 certificate, the National Productivity Council has been appointed to suggest improvements in procedures. During 1995-96 the company has successfully manufactured and suppliedHigh Current Water Cooled Rectifiers based on teechnology recieved from FRIEM S.P.A Italy. Isopack Bridges have also successfully been manufactured. During 1996-97 the company merged with Supreme Powertronics Private Ltd. The company received an order for a new 180 KVA converter for Rs.3 crores from Indian Railways during 1999-2000, which is being developed with the technical collaboration of Transtechnik of Germany. During the year 2003-04, the three major foreign collaborations with Transtechnik of Germany for Railway Inverters, Friem of Italy for Water Cooled Rectifiers and Nieke of Germany for AC/DC Traction Transformers for Metro Trains were further renewed. Company also got the plant at Nashik unit certified and re-certified at Bhandup as per ISO 9001:2000. In 2004-05, the first single unit 180 KVA Converter imported prototype was commissioned on the Electric Locomotive of Indian Railways. The Company started commercial production of Loco Transformers at Dehradun Plant during the year 2010. During the year 2013-14, Company supplied 3 phase Transformer for WAP5, WAP7 and WAG9 for Indian Railways. It commissioned 3 Phase Transformers and 3 x 130 KVA Converter at Chittaranjan Locomotive Works (CLW) in 2014-15. It undertook the expansion plan at Nashik for manufacture of Railway as well non Railway products, which got completed in 2018 and accordingly, after the expansion at Nashik Plant, the Company sold Unit II of Dehradun in November, 2018. Operations at Nashik Plant started w.e.f. 27th April, 2020 and that of Dehradun plant w.e.f. 6th May, 2020, and resultantly, Dehradun and Nashik Plants were fully operative from the 25th May, 2020 and 9th June, 2020 respectively. Similarly, the operations at Mumbai plant was started with the capacity of 10% with effect from 8th June, 2020. In the financial year 2020-21, plant was completed and started commercial production w.e.f. March 9, 2023.