Hind Rectifiers Ltd

The headline equity benchmarks traded with modest losses in the mid-morning trade. Nifty traded below the 24,400 level. Realty shares declined after advancing in the past trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 251.77 points or 0.31% to 80,543.70. The Nifty 50 index lost 89.70 points or 0.37% to 24,371.45. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.11% and the S&P BSE Small-Cap index declined 0.98%. The market breadth was weak. On the BSE, 1,030 shares rose and 2,567 shares fell. A total of 167 shares were unchanged. Buzzing Index: The Nifty Realty index dropped 1.66% to 872.60. The index rose 0.66% in the past trading session. Godrej Properties (down 3.25%), Sobha (down 2.06%), Prestige Estates Projects (down 1.66%), Raymond (down 1.65%), Oberoi Realty (down 1.31%), Anant Raj (down 1.14%), DLF (down 1.12%), Macrotech Developers (down 0.97%), Brigade Enterprises (down 0.77%) and Phoenix Mills (down 0.58%) declined. Stocks in Spotlight: Hind Rectifiers rallied 3.46% after the company's net profit zoomed 98.24% to Rs 10.15 crore on a 22.18% increase in total income to Rs 185.39 crore in Q4 FY25, compared to Q4 FY24. Computer Age Management Services slipped 3.33%. The company had reported 10.2% increase in consolidated net profit to Rs 114.02 crore on a 14.7% rise in revenue from operations to Rs 356.17 crore in Q4 FY25 over Q4 FY24. Cigniti Technologies advanced 2.55% after the company's consolidated net profit increased 100.08% to Rs 73.15 crore in Q4 FY25 as against 63.56 crore in Q3 FY24. Global Markets: Most Asian stocks ticked higher on Tuesday as investors sifted through the latest whispers on U.S. trade moves and a weakening dollar. Japan and South Korea, meanwhile, hit the snooze button for public holidays. India may be angling for a tariff truce, reportedly floating a zero-duty deal on steel, auto parts, and pharma goodies'provided the favor is returned. Over in Malaysia, officials said the U.S. is game for more talks and might even consider trimming tariffs. Adding to the optimism, U.S. Treasury Secretary Scott Bessent chimed in Monday, saying deals were 'very close''a tune President Trump had already been humming over the weekend. Meanwhile, China's markets reopened post-Labor Day to a slightly more diplomatic mood between Washington and Beijing. China's Caixin Services PMI clocked in at 50.7 for April'a seven-month low and a step down from March's 51.9. Still above the 50-mark (which separates growth from contraction), but just barely. Across the Pacific, U.S. stocks dipped slightly on Monday as investors braced for the Federal Reserve's next move. Energy stocks led the decline, with Wall Street adopting a 'wait-and-see' stance amid shifting trade winds. The Dow Jones edged down 0.24%, while the S&P 500 fell 0.64% and NASDAQ slipped 0.74%. Investors are eyeing the Fed's two-day policy meeting starting Tuesday, with an interest rate verdict expected Wednesday. Oil majors Exxon Mobil and Chevron both took hits as crude prices tumbled to a four-year low. Blame it on OPEC+ deciding to pump more oil for the second month running. Skechers USA shares sprinted up over 24% after the company agreed to a $9.4 billion buyout by 3G Capital. Berkshire Hathaway stumbled 5% after reporting a 14% drop in Q1 operating earnings. Powered by Capital Market - Live

Profit before tax (PBT) stood at Rs 14.16 crore in Q4 FY25, up 82.95% from Rs 7.74 crore in Q4 FY24. EBITDA in Q4 FY25 jumped 46% to Rs 20.2 crore, compared to Rs 13.9 crore in Q4 FY24, reflecting improved operating efficiencies. EBITDA margin improved to 10.9% during the quarter, up from 9.1% in the same quarter last year. Total expenses grew 18.92% YoY to Rs 171.23 crore in the March 2025 quarter. The cost of materials consumed stood at Rs 137.16 crore (up 29.63%), while employee benefits expenses were at Rs 17.33 crore (up 24.68% YoY) during the period under review. On a full-year basis, the company's net profit surged 197.2% to Rs 37.27 crore on a 26.77% rise in total income to Rs 656.85 crore in FY24 over FY23. Suramya Nevatia, MD power electronic equipment; and railway traction equipment.Powered by Capital Market - Live

Net profit of Hind Rectifiers rose 95.12% to Rs 9.99 crore in the quarter ended March 2025 as against Rs 5.12 crore during the previous quarter ended March 2024. Sales rose 22.26% to Rs 185.05 crore in the quarter ended March 2025 as against Rs 151.36 crore during the previous quarter ended March 2024. For the full year,net profit rose 196.64% to Rs 37.11 crore in the year ended March 2025 as against Rs 12.51 crore during the previous year ended March 2024. Sales rose 26.63% to Rs 655.37 crore in the year ended March 2025 as against Rs 517.55 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales185.05151.36 22 655.37517.55 27 OPM %10.758.92 -10.738.55 - PBDT16.229.75 66 58.6032.13 82 PBT14.017.74 81 50.1124.68 103 NP9.995.12 95 37.1112.51 197 Powered by Capital Market - Live

Hind Rectifiers announced that the Board of Directors of the Company at its meeting held on 05 May 2025, has recommended a Final Dividend of Rs.2 per share (i.e.100%), subject to the approval of the shareholders.Powered by Capital Market - Live

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 5 May 2025.Powered by Capital Market - Live

Coincade Studios has been established to develop cutting-edge products and solutions in the fields of information technology (IT), artificial intelligence (AI), Web3, and various software domains. The subsidiary has an initial paid-up share capital of Rs 10 lakh and Hind Rectifiers will hold 100% equity ownership in Coincade Studios. The initial investment does not fall under related party transactions. The company has appointed Suramya Nevatia, chairman & managing director (CEO), and Akshada Nevatia, executive director of Hind Rectifiers, as directors of the newly incorporated entity. Hind Rectifiers is engaged in developing, designing, manufacturing, and marketing of electronic, electrical and electro-mechanical equipment, power electronic equipment & railway traction equipments. The company's net profit zoomed 558.6% to Rs 10.01 crore on 23.6% increase in revenue from operations to Rs 168.94 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Hind Rectifiers has incorporated a wholly owned subsidiary in the name of Coincade Studios Private Limited on 15 April 2025. The new subsidiary will be engaged in developing cutting-edge products and solutions in Information Technology (IT), Artificial Intelligence (AI), Web3, and varied software. Powered by Capital Market - Live

Net profit of Hind Rectifiers rose 558.55% to Rs 10.01 crore in the quarter ended December 2024 as against Rs 1.52 crore during the previous quarter ended December 2023. Sales rose 23.65% to Rs 168.94 crore in the quarter ended December 2024 as against Rs 136.63 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales168.94136.63 24 OPM %10.449.87 - PBDT15.6110.34 51 PBT13.468.32 62 NP10.011.52 559 Powered by Capital Market - Live

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 31 January 2025.Powered by Capital Market - Live

Net profit of Hind Rectifiers rose 156.03% to Rs 10.19 crore in the quarter ended September 2024 as against Rs 3.98 crore during the previous quarter ended September 2023. Sales rose 25.66% to Rs 165.84 crore in the quarter ended September 2024 as against Rs 131.98 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales165.84131.98 26 OPM %11.048.05 - PBDT15.047.88 91 PBT12.936.00 116 NP10.193.98 156 Powered by Capital Market - Live