>
Hind Rectifiers logo

HIRECT - Hind Rectifiers Share Price

₹156.6 -3.2  -2.0%

Last Trade - 11:10am

Sector
Technology
Size
Micro Cap
Market Cap £25.6m
Enterprise Value £32.9m
Revenue £29.5m
Position in Universe 1513th / 3137
Bullish
Bearish
Unlock HIRECT Revenue
Momentum
Relative Strength (%)
1m -0.70%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -11.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2016 2017 2018 2019 2020 2021 2022E 2023E CAGR / Avg
939.4 1,206 1,271 2,550 2,996 3,051 +26.6%
+722.8 +61.0 -71.1
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2021, HindRectifiers Ltd revenues increased 2% to RS3.05B. Net incomedecreased 71% to RS53.3M. Revenues reflect an increase indemand for the Company's products and services due tofavorable market conditions. Net income was offset byEmployee benefit expense - Balancing val increase of 10% toRS312M (expense), Interest Expense increase of 19% toRS87.2M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

HIRECT Revenue Unlock HIRECT Revenue

Net Income

HIRECT Net Income Unlock HIRECT Revenue

Normalised EPS

HIRECT Normalised EPS Unlock HIRECT Revenue

PE Ratio Range

HIRECT PE Ratio Range Unlock HIRECT Revenue

Dividend Yield Range

HIRECT Dividend Yield Range Unlock HIRECT Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
HIRECT EPS Forecasts Unlock HIRECT Revenue
Profile Summary

Hind Rectifiers Limited is engaged in developing, designing, manufacturing and marketing power semiconductor, power electronic equipment and railway transportation equipment. The Company manufactures high voltage and high current rectifiers, inverters and converters. The Company's segments include Electronic Components and Equipment. The Equipment division manufactures electronic stability program (ESP), Loco Transformers, Water Cooled Rectifiers, Thyristor controlled reactor (TCR). Its Traction division manufactures inverters, converters and other railway products. Its Components division is engaged in the business of semiconductor devices, which are used for captive consumption for manufacturing rectifiers. The Company's Trading division is engaged in the business of imported Capacitors and Fuses. It offers services, such as pre-installation, supervision of erection and commissioning, post commissioning and maintenance, and annual maintenance contract (AMC) of railway equipment.

Directors
Last Annual March 31st, 2021
Last Interim March 31st, 2021
Incorporated April 25, 1958
Public Since September 12, 1996
No. of Shareholders: 10,993
No. of Employees: 378
Sector Technology
Industry Electronic Equipments & Parts
Index
Exchange National Stock Exchange of India
Shares in Issue 16,563,723
Free Float (0.0%)
Eligible for
ISAs
SIPPs
HIRECT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for HIRECT
Upcoming Events for HIRECT
Thursday 12th August, 2021
Hind Rectifiers Ltd Annual Shareholders Meeting
Monday 16th August, 2021 Estimate
Q1 2022 Hind Rectifiers Ltd Earnings Release
Wednesday 15th September, 2021 Estimate
Hind Rectifiers Ltd Annual Shareholders Meeting
Tuesday 9th November, 2021 Estimate
Q2 2022 Hind Rectifiers Ltd Earnings Release
Frequently Asked Questions for Hind Rectifiers
What is the Hind Rectifiers share price?

As of 11:10am, shares in Hind Rectifiers are trading at ₹156.6, giving the company a market capitalisation of £25.6m. This share price information is delayed by 15 minutes.

How has the Hind Rectifiers share price performed this year?

Shares in Hind Rectifiers are currently trading at ₹156.6 and the price has moved by 41% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Hind Rectifiers price has moved by -4.3% over the past year.

What are the analyst and broker recommendations for Hind Rectifiers?

Of the analysts with advisory recommendations for Hind Rectifiers, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Hind Rectifiers is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Hind Rectifiers next release its financial results?

Hind Rectifiers is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-03-31
What is the Hind Rectifiers dividend yield?

The Hind Rectifiers dividend yield is 0.25% based on the trailing twelve month period.

Does Hind Rectifiers pay a dividend?

Last year, Hind Rectifiers paid a total dividend of 0.4, and it currently has a trailing dividend yield of 0.25%. Looking ahead, shares in Hind Rectifiers are due to go ex-dividend on 2021-08-04 and the next dividend pay date is 2021-09-11.

When does Hind Rectifiers next pay dividends?

Hind Rectifiers are due to go ex-dividend on 2021-08-04 and the next dividend pay date is 2021-09-11. The historic dividend yield on Hind Rectifiers shares is currently 0.25%.

How do I buy Hind Rectifiers shares?

To buy shares in Hind Rectifiers you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Hind Rectifiers?

Shares in Hind Rectifiers are currently trading at ₹156.6, giving the company a market capitalisation of £25.6m.

Where are Hind Rectifiers shares listed? Where are Hind Rectifiers shares listed?

Here are the trading details for Hind Rectifiers:

Country of listing: India
Exchange: NSI
Ticker Symbol: HIRECT
What kind of share is Hind Rectifiers?

Based on an overall assessment of its quality, value and momentum, Hind Rectifiers is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Hind Rectifiers share price forecast 2021?

Shares in Hind Rectifiers are currently priced at ₹156.6. At that level they are trading at 6.1% premium to the analyst consensus target price of 0.00.

How can I tell whether the Hind Rectifiers share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Hind Rectifiers. Over the past six months, the relative strength of its shares against the market has been -4.41%. At the current price of ₹156.6, shares in Hind Rectifiers are trading at 11.5% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Hind Rectifiers PE Ratio?

The Hind Rectifiers PE ratio based on its reported earnings over the past 12 months is 49.65. The shares are currently trading at ₹156.6.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Hind Rectifiers?

Hind Rectifiers's management team is headed by:

Sushil Nevatia - CHM
Pawan Golyan - NED
Vijay Bhartia - NID
Saurabh Nevatia - CEX
A. Nemani - CFO
Pradeep Goyal - NID
Meenakshi Anchlia - CCO
Akshada Nevatia - EDR
Vandan Shah - NED
Suramya Nevatia - CEO
Ashlesha Bodas - IND
Who are the major shareholders of Hind Rectifiers?

Here are the top five shareholders of Hind Rectifiers based on the size of their shareholding:

Nevatia (Saurabh) Individual Investor
Percentage owned: 21.79% (3.61m shares)
BTR Industries, Ltd. Corporation
Percentage owned: 14.49% (2.40m shares)
Nevatia (Suramya Saurabh) Individual Investor
Percentage owned: 12.22% (2.02m shares)
Nevatia (Suryansh Saurabh) Individual Investor
Percentage owned: 2.85% (472k shares)
Nevatia (Shreeya) Individual Investor
Percentage owned: 2.14% (355k shares)
Similar to HIRECT
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.