Integrated Filing — IndAS



General information about company

Scrip Code 504036
NSE Symbol HIRECT
MSEI Symbol NOTLISTED
ISIN INE835D01023
Name of company Hind Rectifiers Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 11-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-08-2026   11:00:00
End date and time of board meeting 11-08-2026   12:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 25,844.80 25,844.80
Other income 432.70 432.70
Total income 26,277.50 26,277.50
2 Expenses
(a) Cost of materials consumed 21,802.50 21,802.50
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,277.90) (3,277.90)
(d) Employee benefit expense 4,080.00 4,080.00
(e) Finance costs 473.60 473.60
(f) Depreciation, depletion and amortisation expense 470.60 470.60
(f) Other Expenses
1 Other Expenses 1,918.60 1,918.60
Total other expenses 1,918.60 1,918.60
Total expenses 25,467.40 25,467.40
3 Total profit before exceptional items and tax 810.10 810.10
4 Exceptional items 352.80 352.80
5 Total profit before tax 1,162.90 1,162.90
6 Tax expense
7 Current tax 545.30 545.30
8 Deferred tax (32.50) (32.50)
9 Total tax expenses 512.80 512.80
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 650.10 650.10
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 650.10 650.10
17 Other comprehensive income net of taxes 2.10 2.10
18 Total Comprehensive Income for the period 652.20 652.20
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 942.20 942.20
Total profit or loss, attributable to non-controlling interests (292.10) (292.10)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1.90 1.90
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.20 0.20
21 Details of equity share capital
Paid-up equity share capital 687.40 687.40
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.74 2.74
Diluted earnings (loss) per share from continuing operations 2.72 2.72
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.74 2.74
Diluted earnings (loss) per share from continuing and discontinued operations 2.72 2.72
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above results have been recommended by the Audit Committee and approved by the Board of Directors of the Company at the meeting held on 11th August 2026 The Statutory Auditors have carried out the limited review of the financial results for the quarter ended 30th June 2026 under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulation 2015 2 The above results, published in accordance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 have been prepared in accordance with Indian Accounting Standards IND AS notified under section 133 of the Companies Act 2013 read with relevant rules thereunder and other accounting principles generally accepted in India along with guidelines issued by the Securities and Exchange Board of India SEBI 3 The Registrar of Companies, Ministry of Corporate Affairs the MCA has approved the change in name of the Company from Hind Rectifiers Limited to Hirect Limited with effect from July 24 2026 The MCA has issued a fresh certificate of incorporation pursuant to change of name on July 24 2026 Accordingly the name of the Company stands changed to Hirect Limited and the Memorandum and Articles of Association of the Company stand altered to reflect the new name 4 The figures for the quarter ended June 30 2026 and the quarter ended June 30 2025 are not comparable as the corresponding figures for the quarter ended June 30 2025 do not include the financial results of the subsidary Elventive France which was incoprorated on September 30 2025 5 The figures for the corresponding previous periods have been regrouped restated wherever necessary to conform with the current periods classification For Hirect Limited Formerly known as Hind Rectifiers Limited Suramya Nevatia Chairman and Managing Director DIN 06703910 Place Mumbai Date August 11 2026



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 CTC/ PICC/ EPICC 3,950.60 3,950.60
2 Engineering Products 23,485.00 23,485.00
3 EMS 2,205.60 2,205.60
Total Segment Revenue 29,641.20 29,641.20
Less: Inter segment revenue 3,796.40 3,796.40
Revenue from operations 25,844.80 25,844.80
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 CTC/ PICC/ EPICC 128.40 128.40
2 Engineering Products 2,766.10 2,766.10
3 EMS (848.30) (848.30)
Total Profit before tax 2,046.20 2,046.20
i. Finance cost 473.60 473.60
ii. Other Unallocable Expenditure net off Unallocable income 409.70 409.70
Profit before tax 1,162.90 1,162.90
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 CTC/ PICC/ EPICC 8,055.20 8,055.20
2 Engineering Products 45,425.80 45,425.80
3 EMS 5,247.80 5,247.80
Total Segment Asset 58,728.80 58,728.80
Un-allocable Assets 6,300.70 6,300.70
Net Segment Asset 65,029.50 65,029.50
4 Segment Liabilities
Segment Liabilities
1 CTC/ PICC/ EPICC 4,621.50 4,621.50
2 Engineering Products 9,540.20 9,540.20
3 EMS 5,247.80 5,247.80
Total Segment Liabilities 19,409.50 19,409.50
Un-allocable Liabilities 45,620.00 45,620.00
Net Segment Liabilities 65,029.50 65,029.50
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) During the year ended 31st March 2026 the Companys manufacturing operations relating to Continuously transposed conductor CTC Plant were identified and managed as a separate business line and whose operating results are regularly reviewed Accordingly Continuously transposed conductor CTC Plant has been identified as a separate operating and reportable segment with effect from November 3 2025 The segment information for the corresponding previous period has not been presented as the manufacturing operations of this segment commenced during the current period Accordingly the segment information for the current period is not comparable with that of the previous period



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Actuarial Gain/(Loss) on post-employment defined benefit plan 2.00 2.00
Total Amount of items that will not be reclassified to profit and loss 2.00
2 Income tax relating to items that will not be reclassified to profit or loss 0.50 0.50
3 Amount of items that will be reclassified to profit and loss
1 Foreign Currency Translation Reserve 0.60 0.60
Total Amount of items that will be reclassified to profit and loss 0.60
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 2.10 2.10