Skip to content
Intrinsic value · Buy/Sell verdict · scores — free· 1088 Nifty 500 stocks· EOD 2026-06-16

Hind Rectifiers Limited

HIRECT · NSE · Industrials

₹1,145
+9.40 (+0.83%)
Our verdictOvervalued
Sell38/100
Quality33
Valuation0
Momentum100
Financial trend40
Intrinsic value
Our fair value
₹572.5
Overvalued by 50%
Price ₹1,145Range ₹526.7₹618.3

With a 20% margin of safety, our buy-below price is ₹458.

A
Financial health 100/100
Altman Z 5.86 · Safe zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Investability checklist

Passed 5 of 13 checks38/100
  • ROE above 15%21.1%
  • Low debt (D/E < 0.5)1.19x
  • Positive free cash flow
  • Revenue growth > 10%51%
  • Earnings growing-55%
  • Net margin ≥ 10%4.5%
  • Current ratio > 1.51.12
  • Below our fair value
  • Margin of safety ≥ 20%
  • Above 200-day average
  • Above 50-day average
  • Positive 1-year return
  • Altman Z in safe zoneZ 5.86
  • Piotroski ≥ 75/9

1-year price

EOD · 2026-06-16
1W
+4.3%
1M
+25.8%
3M
+59.9%
6M
+57.6%
1Y

Our scores

Durability33
Valuation0
Momentum100

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Quarterly results

4Q2012
₹35 Cr7%
3Q2019
₹83 Cr0%
4Q2019
₹70 Cr5%
1Q2020
₹78 Cr3%
Revenue Net profitRevenue 4-period change +122%

Annual financials

2013
₹146 Cr7%
2019
₹255 Cr0%
2020
₹300 Cr6%
Revenue Net profitRevenue 3-period change +106%

Shareholding

Promoter62.3%
Institutions0.0%
Public & other37.7%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹3,936 Cr
P/E ratio
84.0
P/B ratio
18.88
EPS (TTM)
₹13.63
ROE
21.1%
Debt / Equity
1.19x
Profit margin
4.5%
Free cash flow
₹-119 Cr
52-week high
₹1,152.35
-0.64% from high
52-week low
₹579.8
Dividend yield
0.1%
Beta
0.36

SWOT snapshot

Strengths

  • Strong return on equity (21.1%).
  • Trading near its 52-week high.
  • Financially solid — Altman Z 5.86.

Opportunities

  • Revenue growing (51% YoY).

Threats

  • Earnings contracting year on year.
  • Rich valuation versus sector peers.
  • Trades ~50% above our estimated fair value.

About Hind Rectifiers Limited

Hind Rectifiers Limited designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally. The company provides traction and aux transformers, IGBT propulsion systems, auxiliary converters and battery chargers, on-board DC rectifiers, traction motors, and electrical switch boards and railway equipment, as well as electronic safety protection devices and rolling stock HVAC systems fo

More in Industrials

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.