HIRECT Hind Rectifiers Q4 FY26 results (Jan–Mar 2026) and concall
Hind Rectifiers reported strong standalone performance for Q4 and FY26, with significant revenue and profit growth driven by traction transformers and rail systems. The company achieved a record order book and inflow, and successfully completed propulsion system type tests. However, consolidated profitability was impacted by the Elventive France acquisition, which is currently loss-making but is expected to turn profitable within 6-8 quarters. The company announced a INR100 crore preferential issue to fund strategic capacity expansion and R&D, supporting its ambitious long-term vision of 10x g
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What they filed
Q4 FY26: revenue up 51.2%, net profit down 115.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 166 | 169 | 185 | 215 | 227 +37% | 277 +64% | 280 +51% |
| EBITDA | 18 | 18 | 20 | 24 | 26 +41% | 26 +45% | 8 −58% |
| Net profit | 10 | 10 | 10 | 13 | 15 +44% | 13 +27% | -2 −116% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





