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IndiaPulse

Hind Rectifiers Limited (HIRECT)

Small Cap

Industrials stocks · Small cap · NSE

Hind Rectifiers Limited operates in Power Electronics, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹1,222.4
-13.40 · -1.08%
Quote04 Sept, 03:56 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.4 (n=540)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is weak.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
WATCHLIST
43

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
63

low confidence · 0/0 claims checked

Technical
Bearish
39

Timing lens: price trend and sector relative strength.

Result consistency
mixed
53

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Bad · 0/100

PAT -49% YoY · margin compression · Rev +20% YoY

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹258.5 Cr+20.3%-7.6%
EBITDA₹13.2 Cr-45.4%+56.8%
Operating margin5.1%-616 bps+211 bps
PAT₹6.5 Cr-49.1%NDF
PAT margin2.5%-344 bps+307 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Hind Rectifiers Limited operates in Power Electronics, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

39Bearish

SMA20 -2.5% / mo · MACD −

Stock trend: 33
Sector RS: 48
Sector 3M: -1.6% vs Nifty -1.5%

Technical chart

HIRECTdaily · 1Y · AUTO-9.9%
Latest close ₹1222.40 on 2026-09-04
Bar
-1.1%
RSI
46
MACD hist
-5.66
52W pos
46%
2026-09-04O ₹1236.00H ₹1249.70L ₹1220.40C ₹1222.40Vol 18,689 sh
₹594.38₹865.62₹1.14k₹1.41k₹1.68k52L1222.402026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 46.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~2.5% over last month) — short-term momentum negative.
  • RSI(14) at 46 — sideways, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 36% off 52W high · 90% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 43 · WATCHLIST · pillar breakdown, sector model, fair-value anchor

43U-SCORE
Premium Compounder

Fundamental score breakdown

WATCHLIST
Valuation0/30
Growth17/25
Quality16/20
Balance Sheet5/15
Cash Flow2/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
43

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

43/100 · WATCHLIST

Positive drivers

  • Quality contributes 16/20 to the score.
  • Growth contributes 17/25 to the score.
  • Balance sheet contributes 5/15 to the score.

Main drags

  • Fair-value margin of safety is negative at -156.8%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Cash flow is weaker at 2/10; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
111.0
PB
20.1
EV/EBITDA
51.5
ROE
25.2%
ROCE
18.8%
FCF Yield
Debt/Equity
1.2
MoS
-156.8%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Verdict
WATCHLIST
Previous: WATCHLIST
Margin of safety
-156.8%
Previous: -156.8%

Score history

12 stored score snapshots. Latest stored move: -1 points.

05 Sept 2026
v4.3-runtime-valuation
45
44
44
44
44
44
44
44
44
44
44
43

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹128.13
-854.1% MoS
Growth-justified P/E
39.6
Growth-justified Value
₹475.99
-156.8% MoS
PEG
1.53

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
63Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 35th percentile within Industrials. Main check: results consistency is weak at 53/100.

Healthy Trust Lite: Promoter pledge is zero. Key concern: 2 latest quarters had PAT decline worse than 25% YoY.

Computed 05 Sept 2026
management-trust-v1
32 docs text-extracted · 11 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
38th percentile

overall median 67 · Industrials: 35th pctile, median 68 · Small: 43rd pctile, median 66

Evidence depth
Financial-only

32 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
70
acceptable · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
76
strong · capital discipline
Results
53
watch · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • 4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • 2 latest quarters had PAT decline worse than 25% YoY.
  • Promoter holding fell 1.4%.
  • Debt/equity is 1.17.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
111.00
P/B
20.13
EV/EBITDA
51.45
Market Cap
4334.00Cr

Profitability

ROE
25.20%
ROCE
18.80%
ROA
4.83%
Dividend Y
0.11%

Growth (CAGR)

Revenue 5Y
61.00%
EPS 5Y
61.00%
Revenue 3Y
90.00%
EPS 3Y
90.00%

Balance Sheet

Debt/Equity
1.17
Interest Coverage
4.29×
Altman Z
8.22
Book Value
60.70

Cash Flow

FCF Yield
FCF Positive Y
2/5
OCF
86.00 Cr
EPS TTM
12.02

Shareholding

Promoter Hold
42.58%
Promoter Pledge
0.00%
Momentum 52W
79%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Industrials, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.