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TEDINE835D01023Hind Rectifiers LimitedMain BoardEquity2025-04-012026-03-312026-05-162026-05-13INRMillionsQuarterlyFourth quarterMulti segment2026-05-1611:30:002026-05-1614:00:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAtruetruetrue2025-01-31https://hirect.com/policies/true1falseNA2026-01-012026-03-31AuditedStandalone264020000039500002644150000194787000007225000021440000040080000370200001371800002448800000195350000-7190000188160000109300001342000024350000016381000000001638100006500001644600006874000024.984.96004.984.961.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 16th May, 2026. The Statutory Auditors have carried out the audit of the financial results for the quarter and year ended 31st March, 2026 under Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015. <BR> <BR> 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). <BR> <BR> 3. A company with the name ELVENTIVE FRANCE SAS (formerly BELINK HIRECT SAS) was incorporated on September 30, 2025 as a subsidiary of Hind Rectifiers Limited. Effective date of takeover of business is October 1, 2025. <BR> <BR> 4.Pursuant to the shareholders special resolution dated July 29 2025 under Sections 42 and 62(1)(c) of the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018 (Chapter V/Reg. 160(b)), the Company approved a preferential issue of up to 200000 convertible warrants at 1,368.23 per warrant (1 1 conversion into equity shares of face value 2 each), aggregating 273646,000. During the period, 25 Percent of the consideration (68411500) was received; pending allotment/exercise, this amount is presented under Other equity Money received against share warrants. The funds received have not been utilised as on 31st March 2026 and parked in fixed deposits for Rs. 68000000. <BR> <BR> 5.During the period, pursuant to the enactment of the New Labour Codes by the Government of India, effective 21 November 2025, the Company has reassessed its employee benefit obligations in accordance with Ind AS 19 – Employee Benefits. <BR> Accordingly, the Company has recognised a one-time increase in employee benefit provision amounting to 19.96 million, representing past service cost, which has been recognised in the Statement of Profit and Loss for the period and disclosed as an exceptional item. <BR> <BR> 6.Pursuant to section 115BAA of the Income Tax Act, 1961, the Company has opted for the concessional effective tax rate of 25.168 Percent (inclusive of applicable surcharge and cess) from F.Y.2025-26 (A.Y.2026-27). <BR> Consequently, the Company has computed it's current tax liability and deferred tax assets for the quarter based on the reduced tax rate as prescribed under Section 115BAA. Accordingly, the MAT Credit Entitlement recognized in the earlier periods has been reversed and written off during the current period amounting to Rs. 0.11 million. <BR> <BR> 7.During the year, the Company allotted 17183807 bonus equity shares in the ratio of 1 1 on 27 March 2026, by capitalisation of Securities Premium. Consequently, the paid-up equity share capital increased from 17183807 equity shares to 34367614 equity shares. The bonus issue had no impact on the net worth of the Company. Earnings per share for all periods presented have been adjusted in accordance with Ind AS 33 Earnings per Share wherever applicable. <BR> <BR> 8.The Board of Directors have recommended a dividend of Rs.1.40 Per equity share of Rs. 2 each (Previous year Rs. 2 Per equity share of Rs. 2 each). The same is subject to the approval of members of the company in the ensuing Annual General Meeting. <BR> <BR> 9.The figures for the quarters ended 31 March 2026 and 31 March 2025 are the balancing figures between the audited figures in respect of the full financial years and the published year to date figures up to the third quarter of the respective financial years. <BR> <BR> 10.The figures for the corresponding previous periods have been regrouped / restated, wherever necessary to conform with the current period's classification. <BR> <BR> FOR HIND RECTIFIERS LIMITED <BR> <BR> SURAMYA NEVATIA <BR> CHAIRMAN & MANAGING DIRECTOR <BR> DIN 06703910 <BR> <BR> Place : MUMBAI <BR> Dated: May 16, 20262025-04-012026-03-31AuditedStandalone94921200009630000950175000072236500000-503300007889500001585000001263500005048200008751940000749810000-199600007298500001317300002141000015314000005767100000000576710000-5670000571040000687400002214390000017.3717.30017.3717.3Other Expenses137180000Other Expenses50482000014669200003299000001694000005879000018298000000653700002483500006486000020413100001352800000022709700003210000106900005000018624000024711600002285100004052470000323400000612612000068740000214390000022126400002212640000325040000000325040000638000004612000019910000454870000189776000029070000108847000011175400002165500003231850000161810000530700001188000003458610000391348000061261200001)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 16th May, 2026. The Statutory Auditors have carried out the audit of the financial results for the quarter and year ended 31st March, 2026 under Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015. <BR> <BR> 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). <BR> <BR> 3) A company with the name ELVENTIVE FRANCE SAS (formerly BELINK HIRECT SAS) was incorporated on September 30, 2025 as a subsidiary of Hind Rectifiers Limited. Effective date of takeover of business is October 1, 2025. <BR> <BR> 4)Pursuant to the shareholders special resolution dated July 29 2025 under Sections 42 and 62(1)(c) of the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018 (Chapter V/Reg. 160(b)), the Company approved a preferential issue of up to 200000 convertible warrants at 1,368.23 per warrant (1 1 conversion into equity shares of face value 2 each), aggregating 273646,000. During the period, 25 Percent of the consideration (68411500) was received; pending allotment/exercise, this amount is presented under Other equity Money received against share warrants. The funds received have not been utilised as on 31st March 2026 and parked in fixed deposits for Rs. 68000000. <BR> <BR> 5.During the period, pursuant to the enactment of the New Labour Codes by the Government of India, effective 21 November 2025, the Company has reassessed its employee benefit obligations in accordance with Ind AS 19 – Employee Benefits. <BR> Accordingly, the Company has recognised a one-time increase in employee benefit provision amounting to 19.96 million, representing past service cost, which has been recognised in the Statement of Profit and Loss for the period and disclosed as an exceptional item. <BR> <BR> 6.Pursuant to section 115BAA of the Income Tax Act, 1961, the Company has opted for the concessional effective tax rate of 25.168 Percent (inclusive of applicable surcharge and cess) from F.Y.2025-26 (A.Y.2026-27). <BR> Consequently, the Company has computed it's current tax liability and deferred tax assets for the quarter based on the reduced tax rate as prescribed under Section 115BAA. Accordingly, the MAT Credit Entitlement recognized in the earlier periods has been reversed and written off during the current period amounting to Rs. 0.11 million. <BR> <BR> 7.During the year, the Company allotted 17183807 bonus equity shares in the ratio of 1 1 on 27 March 2026, by capitalisation of Securities Premium. Consequently, the paid-up equity share capital increased from 17183807 equity shares to 34367614 equity shares. The bonus issue had no impact on the net worth of the Company. Earnings per share for all periods presented have been adjusted in accordance with Ind AS 33 Earnings per Share wherever applicable. <BR> <BR> 8.The Board of Directors have recommended a dividend of Rs.1.40 Per equity share of Rs. 2 each (Previous year Rs. 2 Per equity share of Rs. 2 each). The same is subject to the approval of members of the company in the ensuing Annual General Meeting. <BR> <BR> 9.The figures for the quarters ended 31 March 2026 and 31 March 2025 are the balancing figures between the audited figures in respect of the full financial years and the published year to date figures up to the third quarter of the respective financial years. <BR> <BR> 10.The figures for the corresponding previous periods have been regrouped / restated, wherever necessary to conform with the current period's classification. <BR> <BR> FOR HIND RECTIFIERS LIMITED <BR> <BR> <BR> SURAMYA NEVATIA <BR> CHAIRMAN & MANAGING DIRECTOR <BR> DIN 06703910 <BR> <BR> Place : MUMBAI <BR> Dated: May 16, 2026Other Non Current Financial Assets65370000Other Non Current Assets33730000Right to use leased asset31130000Other Financial Assets186240000Other Current Assets228510000Other Financial Liabilities800000Lease liabilities19110000Other Financial Liabilities216550000Lease liabilities18160000Other Current Liabilities143650000CTC/ PICC/ EPICC200100000Engineering Products2640200000CTC/ PICC/ EPICC207510000Engineering Products94917600002840300000969927000020010000020715000026402000009492120000CTC/ PICC/ EPICC-4190000Engineering Products299480000CTC/ PICC/ EPICC-14360000Engineering Products114162000029529000011272600004008000015850000067050000238910000188160000729850000CTC/ PICC/ EPICC684140000Engineering Products496197000056461100004800100006126120000CTC/ PICC/ EPICC469930000Engineering Products1262420000173235000043937700006126120000During the current period, the Company’s 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. <BR> <BR> 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.158500000-145480000-1165610000000120380000556120000052305000000012635000000000-46700000400000005420000000138910000030897000010388200000001320000000906820000017879000000000090000703650000000000000009900000068000000000080000364000000-847630000001800000684100000000201380000124510000200100003432000014938000000-566300002560000025600001134000013900000Actuarial Gain/(Loss) on post-employment defined benefit plan870000870000Actuarial Gain/(Loss) on post-employment defined benefit plan-7580000-7580000220000-191000000650000-5670000HIND RECTIFIERS LIMITED******Mrs. Akshada Nevatia******Executive DirectorRemuneration.151600001177000022310000HIND RECTIFIERS LIMITED******Mr. Suramya Nevatia******Managing DirectorRemuneration.239100001945000037020000HIND RECTIFIERS LIMITED******Mr. Manoj Nair******Chief Executive OfficerRemuneration.79500000840000HIND RECTIFIERS LIMITED******Mr. Anil Kumar Nemani******Chief Financial OfficerRemuneration.769000046000070000HIND RECTIFIERS LIMITED******Ms. Meenakshi Anchlia******Company SecretaryRemuneration.100001700000HIND RECTIFIERS LIMITED******Ms. Megha Singh******Company SecretaryRemuneration.60000030000HIND RECTIFIERS LIMITED******Mr. Saurabh Nevatia******Relative of Member of Board of Directors or KMPRemuneration.4520000480000470000HIND RECTIFIERS LIMITED******Mrs. Bharti Nevatia******Relative of Member of Board of Directors or KMPRemuneration.5800009000090000HIND RECTIFIERS LIMITED******Mr. Parimal Merchant******Independent Non Executive DirectorAny other transactionSitting Fees.26000000HIND RECTIFIERS LIMITED******Ms. Ashlesha Bodas******Independent Non Executive DirectorAny other transactionSitting Fees.000HIND RECTIFIERS LIMITED******Mr. Vandan Shah******Independent Non Executive DirectorAny other transactionSitting Fees.23000000HIND RECTIFIERS LIMITED******VISHAL PACHERIWALA******Independent Non Executive DirectorAny other transactionSitting Fees.25000000HIND RECTIFIERS LIMITED******Mr. Saurabh Nevatia******Relative of Member of Board of Directors or KMPAny other transactionRent.25000000HIND RECTIFIERS LIMITED******Elventive Tech Private Limited******Enterprise over which Members of the Board of Directors or KMP has significant influenceSale of goods or services.679500008756000041530000HIND RECTIFIERS LIMITED******Elventive Tech Private Limited******Enterprise over which Members of the Board of Directors or KMP has significant influencePurchase of goods or services.119380000499000005600000HIND RECTIFIERS LIMITED******Force Motion Technology LLP******Enterprise over which Members of the Board of Directors or KMP has significant influenceSale of goods or services.50000100000HIND RECTIFIERS LIMITED******Force Motion Technology LLP******Enterprise over which Members of the Board of Directors or KMP has significant influencePurchase of goods or services.1668600002776000058920000HIND RECTIFIERS LIMITED******ARCOT AI SOLUTIONS PVT LTD******Enterprise over which Members of the Board of Directors or KMP has significant influencePurchase of goods or services.140000400000HIND RECTIFIERS LIMITED******COINCADE STUDIOS PVT LTD******Enterprise over which Members of the Board of Directors or KMP has significant influenceAny other transactionRent.600001000020000HIND RECTIFIERS LIMITED******Hirect FZ-LLC******Enterprise over which Members of the Board of Directors or KMP has significant influenceSale of goods or services.215000000417460000AuditedtrueGMJ AND COtrue2027-03-31Preferential Issues2025-07-292736460000000002026-03-31falsefalseAnil NemaniChief Financial OfficerMumbai2026-05-16Procurement of machinery (Initial Phase) 25%None68411500000000000The balance 75% will be used for: i. Purchase of a land and/ or building for manufacturing units and/or ii. Procurement of machinery and/or office equipment.None205234500000000000