Hind Rectifiers Ltd (HIRECT) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Hind Rectifiers Ltd on NSE and BSE, with an AI summary of each filing.
Earnings Conference Call to discuss the financial and operational performance for Q2 &H1FY27 is scheduled to be held on November 11, 2026.
Intimation · 11 Nov 2026, 10:00 am
Hirect Schedules Q2 & H1FY27 Earnings Conference Call for 11th Nov'26 Hirect Limited has scheduled its Q2 & H1FY27 earnings conference call on 11th Nov'26 at 10:00 AM IST to discuss financial and operational performance. The virtual group meeting will feature key management, including Chairman & Managing Director Suramya Nevatia, CEO Manoj Nair, Global CEO Chidambaram Balakrishnan, and Executive Director & CFO Anil Kumar Nemani.
Hirect Limited has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 10 Nov 2026, 5:30 am
Hirect Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2026 ,inter alia, to consider and approve the Un-audited Standalone and Consolidated ....
Intimation · 10 Nov 2026, 5:30 am
Hirect Limited Board Meeting Scheduled on 10th Nov'26 to Consider Q2 Results Hirect Limited's Board of Directors will meet on 10th Nov'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company securities by designated persons and their immediate relatives has been closed effective 1st Oct'26 and will reopen 48 hours after the declaration of the financial results.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 10 Nov 2026, 5:30 am
sale of residual part of non-operational Dehradun Plant
Others (Uncategorized) · 25 Sept 2026, 12:01 am
Hirect Limited Sells Residual Dehradun Plant for Rs 4.5 Crore Hirect Limited (formerly Hind Rectifiers Limited) has executed a sale deed on 24th Sep'26 to sell the residual portion of its non-operational Dehradun plant in Uttarakhand for a total consideration of Rs 4.5 crore. The facility has been non-operational since 2023, contributing zero revenue and net worth to the company in the last financial year. The property was sold to Mrs. Avantika Saklani and Mr. Sureshchand Saklani, with the transaction completed on 24th Sep'26 without involving any related-party interests.
Intimation of resignation of Senior Management Personnel of the Company
Change in Management · 24 Sept 2026, 11:42 pm
Hirect Limited Announces Resignation of Head Legal Preeti Sharma Hirect Limited has announced the resignation of Mrs. Preeti Sharma from her role as Head Legal and Senior Management Personnel, effective from the close of business hours on 24th Sep'26. The resignation, originally tendered on 25th Jun'26 to pursue outside career opportunities, has been formally accepted by the company, and she has been relieved of her duties accordingly.
Crisil reaffirmed earlier rating
Others (Uncategorized) · 21 Aug 2026, 10:51 pm
Hirect Limited: Crisil Reaffirms Credit Ratings On 21 Aug'26, Crisil reaffirmed its credit ratings for Hirect Limited's total bank loan facilities of Rs. 228.9 crore. The long-term rating was reaffirmed at 'Crisil BBB+/Stable', and the short-term rating was reaffirmed at 'Crisil A2'. The ratings reflect Crisil's current opinion on the likelihood of timely payment of the company's debt obligations. The 'Stable' outlook indicates a low likelihood of a rating change in the medium term. This rating action provides a stable credit view for the company's financial instruments.
Q1FY27 Earnings Conference Call Transcript
Transcript · 18 Aug 2026, 11:48 pm
Intimation regarding the dispatch of Dividend
Dividend · 17 Aug 2026, 5:34 pm
Hirect Limited Announces Dispatch of Dividend Hirect Limited has disbursed a dividend of Rs. 1.40 per equity share. The dividend, approved at the 68th Annual General Meeting on Aug 11, '26, was credited to eligible shareholders' bank accounts on Aug 13, '26. The disbursement was processed via electronic modes like NACH/NECS. The company has informed both the BSE (504036) and NSE (HIRECT) exchanges of this action, which was announced in a filing dated Aug 17, '26. Shareholders with missing bank details are urged to update them promptly.
Intimation of Schedule of Analyst / Institutional Investor meetings
Intimation · 14 Aug 2026, 11:43 pm
Hirect Limited Schedules Analyst/Institutional Investor Meeting Hirect Limited has scheduled an analyst and institutional investor meeting for 19th Aug'26 in Mumbai, starting at 02:00 PM. The format will be a 1x1 or group meeting. The company has stated that discussions will be based on publicly available information, with no unpublished price-sensitive information (UPSI) intended to be shared. The schedule is subject to change.
Q1FY27 Earnings Conference Call Recording
Audio / Video · 12 Aug 2026, 9:46 pm
Hirect Limited Publishes Q1FY27 Earnings Call Recording Hirect Limited announced the availability of its Q1FY27 earnings conference call audio recording. The call was held on 12 Aug'26, and the recording is now accessible on the company's official website. This disclosure was made to the BSE (504036) and NSE (HIRECT) exchanges on the same day, fulfilling SEBI's regulatory requirements.
Investor Presentation on the unaudited financial results for the quarter ended on June 30, 2026.
Investor Presentation · 12 Aug 2026, 2:37 am
Hirect Q1FY27 Results: Revenue Up, Margins Squeezed by Elventive France Integration Hirect reported consolidated revenue of ₹258.4 Cr for Q1FY27, up 20.3% YoY, driven by healthy business momentum. However, EBITDA fell 45.4% YoY to ₹13.2 Cr, with margins contracting to 5.1% from 11.3% due to higher operating costs from the integration of Elventive France. Near-term margin pressure is expected for 3-5 quarters until breakeven. The order book stood at ₹739.8 Cr as of Jul'26, with new orders for next-gen trainsets (MEMU, Vande Metro) and initial entry into the US rail and mining markets.
Press Release - Hirect Limited reports healthy performance driven by sustained business momentum
Press Release · 12 Aug 2026, 2:35 am
Hirect Q1FY27: Standalone PAT Rises Amidst Consolidated Margin Pressure Hirect reported strong standalone performance for Q1FY27 ending 30th Jun'26, with revenue up 10.1% YoY to ₹236.4 Cr and PAT increasing 17.8% YoY to ₹15.1 Cr. However, consolidated results showed pressure, with PAT declining to ₹9.4 Cr from ₹12.8 Cr YoY, impacted by higher costs from the integration of Elventive France. Consolidated margins are expected to remain moderated for the next 3-5 quarters. The company secured new trainset orders and its first US orders, supporting a robust order book of ₹739.8 Cr as of Jul'26.
Scrutinizer Report
Annual General Meeting · 12 Aug 2026, 12:43 am
Hirect AGM: All Resolutions Passed, Including Dividend and MD Re-appointment At its 68th AGM on 11 Aug'26, Hirect Limited passed all resolutions. Shareholders approved a dividend of Rs. 1.40 per share (70% of face value) for FY26 and the audited financial statements. Key appointments were approved, including the re-appointment of Mr. Suramya Nevatia as Managing Director for a 3-year term and a revision in remuneration for Executive Director Mrs. Akshada Nevatia. All ordinary and special resolutions received the requisite majority from shareholders via e-voting.
Proceedings of the 68th Annual General Meeting (AGM) of the Company
Annual General Meeting · 12 Aug 2026, 12:40 am
Appointment of Mr. Chidambaram Balakrishnan as a Global Chief Executive Officer and Senior Management Personnel
Change in Management · 11 Aug 2026, 8:59 pm
Hirect Ltd Q1 FY27 Results and Senior Management Changes Hirect Limited announced Q1 FY27 standalone results with revenue at Rs 2,363.9 mn (+10.1% YoY) and Net Profit at Rs 150.9 mn (+17.8% YoY). On a consolidated basis, revenue was Rs 2,584.5 mn and Net Profit was Rs 65.0 mn. The Board approved the appointment of Mr. Chidambaram Balakrishnan as Global CEO, replacing Mr. Douglas J. Bailey who resigned on 11 Aug’26. It also appointed Mr. Anil Kumar Nemani as ED & CFO and Mr. Rahul Rai as an Independent Director, signaling a significant management overhaul.
Resignation of Mr. Douglas J. Bailey as Global Chief Executive Officer and Senior Management Personnel
Change in Management · 11 Aug 2026, 8:56 pm
Hirect Q1FY27 Results, Management Reshuffle, and Investment in UAE Subsidiary Hirect Limited's Board on 11 Aug'26 approved Q1FY27 standalone results, with PAT at Rs. 150.91 mn, up 17.8% YoY but down 7.9% QoQ. Revenue from operations grew 10.1% YoY to Rs. 2,363.92 mn. The board also approved key management changes, appointing Chidambaram Balakrishnan as Global CEO, replacing the resigning Douglas J. Bailey. Additionally, Anil Kumar Nemani was appointed Executive Director & CFO. The company will invest in up to 300 equity shares of its UAE subsidiary, Hirect Global Holdings Limited.
Appointment of Mr. Anil Kumar Nemani as an Additional Director and a Whole-Time Director, to be designated as Executive Director and Chief Financial Officer
Change in Management · 11 Aug 2026, 8:52 pm
Hirect Q1FY27 Results, Management Changes, and Investment in UAE Subsidiary Hirect's Board approved unaudited results for Q1FY27 on 11 Aug'26. Consolidated revenue from operations was Rs. 2,584.48 mn, up 20.3% YoY, while Net Profit stood at Rs. 65.01 mn vs Rs. 127.65 mn. The board also approved the appointment of Chidambaram Balakrishnan as new Global CEO, replacing the resigning Douglas J. Bailey. Other key appointments include Anil Kumar Nemani as ED & CFO and Rahul Rai as an Independent Director. Additionally, an investment of up to 300 equity shares in its UAE subsidiary was approved.
Appointment of Mr. Rahul Rai as an Additional Director (Non-Executive Independent Director).
Change in Management · 11 Aug 2026, 8:49 pm
Hirect Q1FY27 Results, Management Reshuffle, and Board Appointments Hirect reported Q1FY27 consolidated net profit of ₹65.01 million, down 49.1% YoY, on revenue of ₹2,584.48 million, up 20.3% YoY. Standalone net profit was ₹150.91 million (+17.8% YoY) on revenue of ₹2,363.92 million (+10.1% YoY). The Board approved results for the quarter ended 30 Jun'26 and announced key leadership changes. Chidambaram Balakrishnan was appointed Global CEO, replacing Douglas J. Bailey who resigned. Additionally, Anil Kumar Nemani was named Executive Director & CFO, and Rahul Rai was appointed Independent Director.
Approval of unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026
Financial Result · 11 Aug 2026, 6:26 pm
Hirect Q1FY27 Results, Management Changes and Investment in UAE Subsidiary Hirect's board approved Q1FY27 results on 11 Aug'26. Consolidated PAT was Rs. 65.01 mn vs Rs. 127.65 mn YoY. Consolidated revenue grew 20.3% YoY to Rs. 2,584.48 mn. Standalone PAT was Rs. 150.91 mn vs Rs. 128.13 mn YoY, with revenue up 10.1% YoY to Rs. 2,363.92 mn. The board also appointed Mr. Chidambaram Balakrishnan as new Global CEO, replacing Mr. Douglas J. Bailey. Other key approvals include director appointments and an investment in its UAE subsidiary, Hirect Global Holdings.
Approval of unaudited standalone and consolidated financial results of the Compnay for the quarter ended June 30, 2026
Outcome · 11 Aug 2026, 6:21 pm
Hind Rectifiers Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Million) ■ Revenue: 2,584 (+20.3% YoY | -7.6% QoQ) ■ EBITDA: 132 (-45.5% YoY | +56.9% QoQ) ■ EBITDA Margin (%): 5.1 (-617 bps YoY | +210 bps QoQ) ■ PAT: 94.2 (-26.2% YoY | +109.1% QoQ) ■ EPS (INR): 1.70 (-54.2% YoY | +12.6% QoQ) Hind Rectifiers Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Million) Segmental Performance CTC/ PICC/ EPICC ■ Revenue: 395 (+97.4% QoQ) ■ EBIT: 12.8 (Loss to Profit QoQ) ■ EBIT Margin (%): 3.3 (Loss to Profit QoQ) Engineering Products ■ Revenue: 2,349 (+9.3% YoY | -11.1% QoQ) ■ EBIT: 277 (+27.3% YoY | -7.7% QoQ) ■ EBIT Margin (%): 11.8 (+166 bps YoY | +42 bps QoQ) EMS ■ Revenue: 221 (+39.9% QoQ) ■ EBIT: -84.8 (+52.7% QoQ) ■ EBIT Margin (%): -38.5 (+7519 bps QoQ)
Earnings Conference Call to discuss the financial and operational performance for Q1FY27 is scheduled
Intimation · 12 Aug 2026, 10:30 am
Hirect Limited Schedules Q1FY27 Earnings Conference Call for Aug 12, 2026 Hirect Limited (NSE: HIRECT, BSE: 504036) will host a virtual earnings conference call to discuss Q1FY27 financial and operational performance. The group meeting is scheduled for 10:30 AM IST on Wed, 12th Aug'26. Key management, including the Chairman & MD, CEO, Global CEO, and CFO, will be participating. Discussions will be based on publicly available information only.
Hind Rectifiers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Intimation of the Board Meeting ....
Intimation · 11 Aug 2026, 5:30 am
Hirect Ltd Board Meeting Scheduled for Q1 Results on Aug 11, 2026 Hirect Limited has scheduled a Board of Directors meeting on Aug 11, 2026. The agenda includes the consideration and approval of the company's un-audited standalone and consolidated financial results for the first quarter ending Jun 30, 2026.
Hirect Secures Order from the United States for IGBT Converters for the Mining Industry.
Press Release · 31 Jul 2026, 6:20 pm
Hirect Secures US Order for Mining Industry, Enters New Segment Hirect Limited secured an order on 31st Jul'26 from the United States for IGBT Converters for the mining industry. This marks the company's entry into the mining segment, a key industrial application requiring robust and high-performance power electronics. The order aligns with Hirect's long-term strategy of expanding its international business and leveraging its domestic engineering and manufacturing capabilities. The company will continue pursuing further opportunities in global markets.
Press Release - Hirect Secures First Order from the United States for Traction Motor Assemblies
Press Release · 29 Jul 2026, 9:15 pm
Hirect Secures First Order for Traction Motor Assemblies from the United States Hirect Limited announced on 29th Jul'26 it has secured its first-ever order from the United States for Traction Motor Assemblies, marking its entry into the U.S. market. This development supports the company's strategy to expand its international presence and establishes a foundation for future growth in the region. The order is scheduled for delivery during FY27. This move reinforces Hirect's focus on leveraging its engineering expertise and manufacturing capabilities to create new long-term growth opportunities in global markets.