Hind Rectifiers Ltd
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Hind Rectifiers Ltd

HIRECT Share Price

BSE:504036

NSE:HIRECT

930

27 (2.99%)

As on April 22, 2026 at 02:39 PM
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Performance

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903

894.60

130407

12.13

2

Fundamentals

3,076.07Cr

60.03

16.17

1.05

14.91

0.11%

55.34

About

Hind Rectifiers Limited, known as Hirect, is a leading manufacturer of rectifier equipment and semi-conductor devices. It manufacturers a products used for railways, AC electric locomotives and AC electrical multiple units. The Company was incorporated in April 1958 and is presently engaged in developing, designing, manufacturing and marketing Power Semiconductor, Power Electronic 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. The new plant at MIDC Sinnar started commercial production w.e.f. March 9, 2023 in FY 2023-24. The Company commissioned the first globally compliant rail product, now being exported to Germany and the United States in FY 2025. Further, it commissioned HVAC systems for LHB passenger coaches. New products launched for semi high-speed trains like Pantry Systems, Underslung Battery Chargers, Single Phase Inverters during the year. It further upgraded Hotel Load Converters, Auxiliary Converters, and Propulsion Systems to the existing products in FY 2025.

Suramya Nevatia

1958

HIRECT

NameDesignation
Parimal MerchantNon Executive Director
Vandan ShahIndependent Director
Akshada NevatiaWhole Time Director
Ashlesha BodasIndependent Director
Suramya NevatiaChairman & Managing Director
Vishal PacheriwalaIndependent Director

Hind Rectifiers Ltd FAQs

How do I Buy Hind Rectifiers Ltd Shares?

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By opening a demat account and having your KYC papers confirmed online, you may simply purchase Hind Rectifiers Ltd shares in BlinkX.

What is the Share Price of Hind Rectifiers Ltd?

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The share price of any stock is volatile and changes during the day due to a variety of variables. Hind Rectifiers Ltd's share price is ₹930 as of 2026-04-22.

What is the PE ratio of Hind Rectifiers Ltd?

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Hind Rectifiers Ltd's P/E ratio is 60.03 times as of 2026-04-22.

What is the PB ratio of Hind Rectifiers Ltd?

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Hind Rectifiers Ltd's most recent financial reports indicate a price-to-book ratio of 16.17, showing the company's stock market valuation in relation to the value of its real assets.

What is the Market Cap of Hind Rectifiers Ltd?

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Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Hind Rectifiers Ltd's market capitalization is ₹3076.07 Cr as on 2026-04-22.

What is the ROE of Hind Rectifiers Ltd?

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The current financial records of Hind Rectifiers Ltd show a 26.19% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the Total Asset of Hind Rectifiers Ltd?

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According to Hind Rectifiers Ltd's most recent financial filings, the company has a total asset value of ₹269.91, which includes current and non-current assets such as inventory, cash, properties, and equipment.

What is the 52-week high and Low of Hind Rectifiers Ltd?

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The 52-week high/low price of a Hind Rectifiers Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Hind Rectifiers Ltd's 52-week high and low as of 2026-04-22 are ₹1054.25 and ₹434.78, respectively.