Introduction:
Leading electronics manufacturing company reported a net profit of ₹10 crore in Q3 FY25, reflecting a strong 566.7% YoY growth. Revenue from operations rose 23.6% to ₹168.94 crore, driven by steady demand and improved operational efficiencies.
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Share price movement of Hind Rectifiers:
On January 31, 2025, Hind Rectifiers Ltd opened at ₹1,223.80, rising 4.32% from its previous close of ₹1,173.15. The stock reached a high of ₹1,231.80 (5.00%) and a low of ₹1,152.40. By 2:49 PM, it traded at ₹1,231.80, marking a 5.00% increase, with a market cap of ₹2,114.10 crore.
Hind Rectifiers Reports Strong Q3 Performance:
Hind Rectifiers posted a net profit of ₹10 crore in Q3 FY25, marking a 566.7% increase from ₹1.52 crore in Q3 FY24. However, sequentially, net profit saw a slight 1.75% decline from ₹10.19 crore reported in Q2 FY25.
Revenue from operations surged 23.6% YoY to ₹168.94 crore from ₹136.63 crore in Q3 FY24. Sequentially, revenue saw a 1.87% rise from ₹165.84 crore in Q2 FY25, reflecting steady growth in demand for the company’s products.
Total income stood at ₹169.45 crore, a 23.9% increase from ₹136.71 crore in the year-ago period. The company’s strong financial performance was driven by controlled expenses and operational efficiencies, reinforcing its position in the industry.
Ace investor holding in Hind Rectifiers:
Niraj Bajaj
Niraj Bajaj holds a 1.75% stake in Hind Rectifiers Ltd., owning 3 lakh shares valued at ₹58.9 crore. His investment reflects confidence in the company’s growth potential, backed by strong financial performance and increasing demand in the sector.
Mukul Mahavir Agrawal
Mukul Mahavir Agrawal holds a 1.46% stake in Hind Rectifiers Ltd., owning 2.5 lakh shares valued at ₹30.7 crore. His investment highlights confidence in the company’s growth, supported by strong earnings and a rising demand for its products.
Stock performance of Hind Rectifiers for Period of 1 week, 6 months and 1 year:
Hind Rectifiers Ltd. has delivered strong returns, gaining 4.75% in the past week, 47.9% over six months, and an impressive 119% in one year. The company’s consistent growth reflects strong financial performance and increasing investor confidence in its future potential.
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Shareholding pattern of Hind Rectifiers:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 44.00% | 44.10% | 44.10% |
FII | 6.30% | 6.00% | 5.80% |
DII | 0.10% | 0.00% | 0.00% |
Public | 49.60% | 50.00% | 50.10% |
About Hind Rectifiers:
Hind Rectifiers Ltd. (NSE: HIRECT), incorporated in April 1958, specializes in developing, designing, manufacturing, and marketing power semiconductors, power electronic equipment, and railway transportation solutions. The company plays a crucial role in India’s industrial and transportation sectors with innovative technologies.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.