Hind Rectifiers Limited Share Price and Company Fundamentals



Price
₹182.95
Change
3.100 (1.724%)
52 week
144.0 - 288.0

Last traded: Today at 4:29 AM

Hind Rectifiers Limited develops, designs, manufactures, and markets semi-conductor devices, power electronic equipment, and railway transportation equipment in India and internationally. It offers power supplies for electrostatic precipitators; DC power systems for electrochemical plants; chargers and regenerative dischargers for the battery industry; water cooled rectifier systems; and cathodic protection transformer rectifier units. The company also provides various rectifiers for rolling stock application; transformers for locomotives and electrical multiple units; and converters and inverters, as well as semiconductor, such as power diodes, thyristors, power modules, and special products comprising high voltage disk stacks, auto diode stacks, and water cooled assemblies. In addition, it offers pre-installation, supervision of erection/commissioning, post commissioning and maintenance services, and service support to railways. Hind Rectifiers Limited was incorporated in 1958 and is based in Mumbai, India.

Key Metrics

PE ratio

38.56

PB ratio

2.78

Dividend yield

0.22%

Beta

0.53

Market cap

-

Enterprise value

-

Company profile

Industry / SectorElectrical Equipment & Parts / Industrials
Websitehttps://www.hirect.com
Mailing addressLake Road Bhandup (West) Mumbai 400078 India
Phone / Fax91 22 2569 6789 / 91 22 2596 4114

Dividends

Dividend yield

0.22%

Dividend amount

₹0.40

Payout ratio

8.55%

Hind Rectifiers Limited paid ₹0.40 dividend and the ex-dividend date was 02 Aug 2022.The dividend payout ratio is 8.55%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HIRECT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

HIRECT's forward dividend amount is ₹0.4 and the forward dividend yield is 0.23%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Hind Rectifiers Limited.

NameTitleAgeTotal Pay
Mr. Sh. Suramya NevatiaMD, CEO & Director3.87M
Mr. A. K. NemaniChief Financial Officer
Ms. Meenakshi AnchliaCompany Sec. & Compliance Officer
Ms. Akshada Suramya NevatiaExec. Director334.62M
Mr. Saurabh NevatiaChief Exec. Officer of Nasik Plant

Profitability and management effectiveness

Profit margin

2.10%

Operating margin

4.76%

Return on assets

4.54%

Return on equity

7.53%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Hind Rectifiers Limited is and its enterprise value is .

The HIRECT's stocks Beta value is 0.53 making it 47% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Hind Rectifiers Limited (NSE:HIRECT) Frequently Asked Questions

1. What is Hind Rectifiers Limited's Stock Symbol?

Hind Rectifiers Limited trades on NSE under the ticker symbol "HIRECT".

2. What is Hind Rectifiers Limited's stock price today?

One share of HIRECT stock can currently be purchased for approximately ₹182.95.

3. How can I contact Hind Rectifiers Limited?

Hind Rectifiers Limited's mailing address is Lake Road Bhandup (West) Mumbai 400078 India. The company can be reached via phone at 91 22 2569 6789.

4. What is Hind Rectifiers Limited's official website?

The official website of Hind Rectifiers Limited is https://www.hirect.com.