Transformer stock engaged in manufacturing of power semiconductor and electronic equipment, and also railway transportation equipment. The company hit 5% upper circuit straight 2 days after announcing quarter 2 results. The company has realized a significant jump in net profit.
Price Action
This small-cap company has a market capitalization of Rs 1,894 crore. The share price of Hind Rectifiers Ltd was trading at Rs 1160 per equity share, up 5% from the previous day’s closing of Rs 1105 per equity share.
52 week low of this company was Rs 455 and 52 week high was Rs 1207. The share price is trading at near 52 week high.
Q2 result updates
- Hind rectifiers reported its revenue from operation in the July-Sep FY25 quarter of Rs 166 crore, and it grew by 35% QoQ.
- Its net profit grew by 150% YoY from Rs 4 crores in Q2 FY24 to Rs 10 crores in Q2 FY25.
- EBITDA stands at Rs 18.44 crore in Quarter 2 FY25 up by 72.18% from Rs 10.71 crore in Quarter FY24.
- EPS has increased to Rs 5.95 in Quarter 2 FY25 from Rs 2.32 in Quarter 2 FY24.
About the company
Hind rectifiers Ltd. was founded in 1958 and specializes in the design and manufacturing of electric equipment, semiconductors, and transformers. Hind rectifiers also known as “HIRECT” in many trading apps.
The company generates its 47% revenue from the manufacturing of electrical motors, generators, and transformers, 43% revenue from the manufacturing of other electrical equipment like semiconductor rectifiers, and the rest 10% from other sources. The company generates its 98% revenue from India and the rest 2% from the rest of the world.
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Financial
Hind rectifiers and transformers Limited has a market capitalization of Rs 1,891 crore.
P/E ratio is 107.78, while industry P/E ratio is 90.72.
Debt-to-equity ratio is 0.92, while return on equity is 21.76%.
Dividend yield is 0.11%.
Return to Investor
Hind Rectifiers has given more than 135% returns to its investors in the last year and more than 475% returns in the last three years.
The company expanding its operation in semiconductor manufacturing. Government is also subsidizing semiconductor sector due to goal to be a global hub in semiconductor hub in world.
Disclaimer: I am not a SEBI-registered investment adviser or research analyst. The information shared is only for educational purposes. This is not investment advice.