Hirect logo

Hirect share price

NSE: HIRECTBSE: 504036Industrial ManufacturingSmall Cap

Formerly Hind Rectifiers
Last close ₹985.60down ₹36.70 (3.59%)BSE ₹985.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,022.30.

52-week range of traded prices to 23 Oct 2026
₹565.20Low, 27 Jan 2026₹1,399.00High, 16 Jul 2026
Market cap
₹3,495 Cr997th largest listed
P/E
83.9
P/B
16.8
Dividend yield
0.14%
ROE
22.6%
ROCE
12.9%
Debt to equity
1.15
Volume, NSE
52,42136.6% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+23.2%over a year

ResultsDividendSplit, bonus, rights or demerger20-session average 43,930 shares a day, 48.2% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹236 Crdown 10.46%
Net profit
₹15 Crdown 7.88%
Net margin
6.4%

Revenue by year

Peak revenue ₹949 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown
₹ croreSep 2024Filed 30 OctDec 2024Filed 31 JanMar 2025Filed 10 JunJun 2025Filed 29 JulSep 2025Filed 22 DecDec 2025Filed 11 FebMar 2026Filed 16 MayJun 2026Filed 11 Aug
Revenue166169185215227243264236
Net profit1010101315141615
Net margin6.1%5.9%5.5%6.0%6.5%5.6%6.2%6.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Engineering Products₹949 Cr93.1%
  • EMS₹50 Cr4.9%
  • CTC/ PICC/ EPICC₹21 Cr2.0%

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 83% of 1,978 trading days over the last 10 years.

LowestHighest
Its median49.1Industry median27.7
Price to book

At or below today's level on 90% of 1,975 trading days since Nov 2018.

LowestHighest
Its median3.7Industry median2.8
EV to EBITDA51.0

At or below today's level on 92% of 1,975 trading days since Nov 2018.

LowestHighest
Its median25.7Industry median18.0
Dividend yield

At or below today's level on 59% of 2,382 trading days over the last 10 years.

LowestHighest
Its median0.12%Industry median0.44%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+39.4%+54.5%−9.9%0.2%
3 years+89.8%––0.2%
5 years+62.0%+59.8%+1.2%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters42.59%
  • Foreign institutions6.84%
  • Indian institutions3.16%
  • Individuals and others47.40%
Holder
SAURABH SUSHIL NEVATIAPromoter20.35%
SURAMYA SAURABH NEVATIAPromoter14.53%
BTR INDUSTRIES LTDForeign companies6.77%
CASSINI PARTNERS L.P. MANAGED BY HABROKForeign portfolio investors, category I2.85%
SURYANSH SAURABH NEVATIAPromoter2.70%
HABROK INDIA MASTER LPForeign portfolio investors, category I2.65%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 10,86,366 of its 3,54,58,605 shares locked in.

Mutual funds holding it

1 fund disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
1
Fund
Tata Mutual Fund logoTata Small Cap FundTata Mutual Fund10,86,3660.94%₹124.6 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Industrial Products, 191 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Hirect in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Praj Industries logoPraj IndustriesPRAJIND4,617–3.528.2+2.3%––3.9%1.43%
Tempsens Instruments (India) logoTempsens Instruments (India)TEMPSENS4,074–––––––0.00%
DEE Development Engineers logoDEE Development EngineersDEEDEV4,02550.2––+40.0%–9.5%9.5%0.19%
Shanthi Gears logoShanthi GearsSHANTIGEAR3,71158.18.441.0−16.9%−34.2%15.1%16.2%1.03%
Pitti Engineering logoPitti EngineeringPITTIENG3,39327.33.412.1+12.2%−1.1%13.2%13.0%0.28%
John Cockerill India logoJohn Cockerill IndiaCOCKERILL3,340283.716.0111.3+78.6%–5.7%11.0%0.10%
Jash Engineering logoJash EngineeringJASH3,12536.46.027.3+1.4%+5.2%18.0%15.4%0.32%
Windsor Machines logoWindsor MachinesWINDMACHIN2,915–––+51.0%–––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.40 a share, year to Mar 2026.
Ex-dateTypePer share
4 Aug 2026Final₹1.40
22 Jul 2025Final₹2.00
25 Jul 2024Final₹1.20
1 Aug 2022Final₹0.40
4 Aug 2021Final₹0.40
7 Sep 2020Final₹0.80
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Hirect share price by year

Each calendar year to 2025.Hirect share price history

YearClose at year endChangeHighest closeLowest close
2025755.40+9.2%1,017.70416.15
2024691.55+156.1%776.45263.63
2023270.00+141.7%347.9094.53
2022111.70−5.4%140.2377.45
2021118.13+55.9%121.7859.50
202075.75−27.8%130.4045.95
2019104.85+80.9%115.9850.78
201857.98−13.6%78.8050.03
201767.10+56.7%71.6338.10
201642.83−2.6%52.3529.43
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,022.301,025.60965.10985.60985.0752,42136.6%
22 Oct 20261,035.001,061.90981.501,022.301,021.471,52,77038.4%
21 Oct 20261,109.801,120.001,073.001,074.701,084.5844,51464.9%
19 Oct 20261,116.201,119.001,094.001,098.701,104.5844,88650.3%
16 Oct 20261,095.001,129.001,072.101,116.201,107.8750,26849.0%
15 Oct 20261,139.101,139.101,090.001,094.801,107.6921,52755.3%
14 Oct 20261,145.001,153.001,125.501,131.801,141.9226,45845.7%
13 Oct 20261,120.101,142.901,100.301,136.501,122.4129,62240.7%
12 Oct 20261,109.501,155.001,107.001,117.701,132.0134,69644.4%
9 Oct 20261,110.001,144.601,083.501,113.701,107.4447,70631.8%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
27 Mar 2026Bonus0.5000Holders received 1 bonus share for every 1 held.
17 Oct 2017Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
24 Oct 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
6 Oct 2008Bonus0.5000Holders received 1 bonus share for every 1 held.
28 Aug 2007Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Hirect Limited
NSE symbol
HIRECT
BSE code
504036
ISIN
INE835D01023
Industry
Industrial Manufacturing
Listed
Jul 2001 on BSE, Dec 2006 on NSE
Face value
₹2
CIN
L28900MH1958PLC011077
Corporate identity number, the registrar of companies' code for it