Business Update Neutral

2026-11-04 10:34

Concall Schedule Concall Date: Wednesday, 11th November 2026 Concall Time: 10:00 AM IST

Business Update Neutral

2026-11-04 10:30

Concall Schedule Concall Date: Wednesday, 11th November 2026 Concall Time: 10:00 AM IST

Governance Neutral

2026-11-03 12:30

- Board Meeting scheduled on November 10, 2026. - To consider and approve Un-audited Standalone and Consolidated Financial Results for Q2/H1 ended September 30, 2026. - Trading window remains closed from October 1, 2026 until 48 hours post result declaration.

Governance Neutral

2026-10-05 16:48

- Hirect Ltd announced the results of the postal ballot e-voting along with the scrutinizer’s report on October 5, 2026. - Shareholders approved the appointment of Mr. Rahul Rai as an Independent Director for a 5-year term. - Shareholders approved the appointment of Mr. Anil Kumar Nemani as a Director and as a Whole-Time Director designated as Executive Director and CFO for 3 years. - Shareholders approved the extension of the timeline for the utilization of funds raised through equity warrants.

Governance Neutral

2026-10-05 16:42

- Hirect Ltd announced the voting results of the postal ballot concluded on October 3, 2026. - Mr. Rahul Rai was appointed as an Independent Director for a 5-year term. - Mr. Anil Kumar Nemani was appointed as a Director and as Whole-Time Director designated as Executive Director and CFO for 3 years. - Shareholders approved extending the timeline for utilizing funds raised through preferential issue of equity warrants.

Governance Neutral

2026-10-05 16:37

- Hirect Limited submitted the voting results and Scrutinizer's Report for the postal ballot concluded on October 3, 2026. - Shareholders approved the appointment of Mr. Rahul Rai as an Independent Director for 5 years. - Shareholders approved the appointment of Mr. Anil Kumar Nemani as Director and as Whole-Time Director designated as Executive Director and CFO for 3 years. - Approval granted for extending the timeline for utilization of funds raised through preferential issue of equity warrants.

Business Update Neutral

2026-09-24 18:32

- Hirect Limited has sold the residual part of its non-operational Dehradun Plant situated at Village Chharba, Uttarakhand. - The sale agreement was entered into and completed on September 24, 2026. - Consideration received from the sale is ₹4.5 Crore. - The buyers are Mrs. Avantika Saklani and Mr. Sureshchand Saklani, who are not part of the promoter group, and the transaction is not a related party transaction.

Governance Negative

2026-09-24 18:15

CRITICAL RED FLAG DETECTED

- Mrs. Preeti Sharma, Head Legal and Senior Management Personnel (SMP) of Hirect Ltd, resigned effective September 24, 2026. - Resignation tendered to pursue better career opportunities. - Company accepted the resignation and relieved her from duties on the same date.

Governance Neutral

2026-09-24 18:13

CRITICAL RED FLAG DETECTED

- Mrs. Preeti Sharma, Head Legal and Senior Management Personnel (SMP) of Hirect Limited, has resigned from her position. - The resignation is effective from the close of business hours on September 24, 2026, to pursue better career opportunities. - The company has accepted her resignation and relieved her of her duties.

Business Update Neutral

2026-09-24 17:48

- Hirect Limited has sold the residual part of its non-operational Dehradun Plant situated at Village Chharba, Uttarakhand. - The sale agreement was entered into and completed on September 24, 2026. - Total consideration received from the sale is ₹4.5 Crore. - The buyers are Mrs. Avantika Saklani and Mr. Sureshchand Saklani, who are unrelated to the promoter group.

Routine Neutral

2026-09-24 15:43

- Trading window for dealing in company securities will remain closed from October 01, 2026. - Window will reopen 48 hours after declaration of un-audited financial results for the quarter and half year ending September 30, 2026. - Date of Board Meeting to approve results will be intimated in due course.

Governance Neutral

2026-09-03 11:14

- Hirect Limited issued a Postal Ballot Notice on September 3, 2026. - Resolutions include appointing Mr. Rahul Rai as Independent Director (5 yrs) and Mr. Anil Kumar Nemani as Director & ED & CFO (3 yrs). - Approval is sought to extend the timeline for utilizing ₹6.84 Cr for machinery procurement to Dec 31, 2026. E-voting: Sep 4 - Oct 3, 2026.

Governance Neutral

2026-09-03 11:12

- Hirect Limited issued a Postal Ballot Notice for shareholder approval of four resolutions. - Proposed appointments include Mr. Rahul Rai as Independent Director (5 years) and Mr. Anil Kumar Nemani as Director, and Whole-Time Director & CFO (3 years). - Also seeking approval to extend the timeline for utilizing ₹6.84 Cr funds for machinery procurement from March 2026 to December 2026. - The e-voting period is from September 4, 2026, to October 3, 2026.

Routine Neutral

2026-08-21 17:22

- Crisil Ratings has reaffirmed the earlier credit ratings for Hirect Limited's total bank loan facilities of Rs. 228.9 Crore. - Long Term Rating: Crisil BBB+/Stable (Reaffirmed) - Short Term Rating: Crisil A2 (Reaffirmed)

Routine Neutral

2026-08-21 17:19

- Crisil Ratings Limited has reaffirmed the earlier credit ratings for Hirect Limited's total bank loan facilities of ₹228.9 Crore. - Long Term Rating: Crisil BBB+/Stable (Reaffirmed). - Short Term Rating: Crisil A2 (Reaffirmed).

Business Update Neutral

2026-08-18 18:18

- The Transcript of the Q1FY27 Earnings Conference Call held on August 12, 2026, to discuss financial and operational performance, is now available on Hirect Limited's website.

Business Update Neutral

2026-08-18 18:13

- Hirect Limited announced the availability of the Q1FY27 Earnings Conference Call transcript. - The call, held on August 12, 2026, discussed Q1FY27 financial and operational performance. - The transcript is accessible on the company's website.

Financials Positive

2026-08-17 12:07

- Hirect Limited has dispatched a dividend of Rs. 1.40 per equity share, approved at the 68th AGM on August 11, 2026. This dividend was credited to shareholders on August 13, 2026.

Financials Positive

2026-08-17 12:05

- Hirect Limited announced the dispatch of a dividend of Rs. 1.40 per equity share. It was approved at the 68th AGM on August 11, 2026, and credited to shareholders' accounts on August 13, 2026.

Business Update Neutral

2026-08-14 18:22

- Analyst/Institutional Investor Meeting Schedule - Meeting Date: 19th August 2026 - Meeting Time: 02:00 pm onwards

Business Update Neutral

2026-08-14 18:20

- Analyst / Institutional Investor Meeting Schedule - Meeting Date: 19th August 2026 - Meeting Time: 02:00 pm onwards - Meeting Type: 1x1 / Group Meeting - Meeting Place: Mumbai

Business Update Neutral

2026-08-12 16:58

- Hind Rectifiers Limited will change its name to Hirect Limited. - The name change will be effective from August 18, 2026. - The existing symbol HIRECT will now refer to Hirect Limited.

Business Update Neutral

2026-08-12 16:18

- Audio recording of the Q1FY27 Earnings Conference Call, held on August 12, 2026, is now available on the company website.

Business Update Neutral

2026-08-12 16:08

- Audio recording of the Q1FY27 Earnings Conference Call held on August 12, 2026, is now available. - The recording can be accessed at: https://hirect.com/wp-content/uploads/2026/08/Earnings-Call-Audio-120826.mp3

Business Update Positive

2026-08-11 21:40

- Investor Presentation filed for Q1 FY27 unaudited financial results (quarter ended June 30, 2026). - Highlights Hirect's systems engineering leadership, product portfolio in railway/industrial systems, manufacturing prowess, and global capabilities.

Financials Negative

2026-08-11 21:36

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹258.4 Cr vs ₹214.8 Cr (▲20.3% YoY) - EBITDA ₹13.2 Cr vs ₹24.2 Cr (▼45.5% YoY) - PAT ₹9.4 Cr vs ₹12.8 Cr (▼26.6% YoY) - EBITDA Margin 5.1% vs 11.3% (▼616bps) - Management expects near-term consolidated margin pressure to continue for 3-5 quarters as Elventive France moves towards breakeven. - Order book stood at ₹739.8 Cr as of July 2026. - Secured maiden development orders for MEMU trainsets and Vande Metro (Namo Bharat) trainsets. - Expanded international presence with first US orders for traction motor assemblies and entered the mining segment with IGBT converters.

Business Update Neutral

2026-08-11 21:12

- Hirect Limited filed an Investor Presentation on the unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). - The presentation will also be used for the Earnings Conference Call with Analysts/Investors.

Financials Negative

2026-08-11 21:07

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹258.4 Cr vs ₹214.8 Cr (▲20.3% YoY) - EBITDA ₹13.2 Cr vs ₹24.2 Cr (▼45.5% YoY) - PAT ₹9.4 Cr vs ₹12.8 Cr (▼26.5% YoY) - EBITDA Margin 5.1% vs 11.3% (▼620bps) - Management expects consolidated EBITDA margins to remain moderated for the next 3-5 quarters due to integration of Elventive France. - Order book stood at ₹739.8 crore as of July 2026.

Governance Positive

2026-08-11 19:15

- The 68th Annual General Meeting (AGM) of Hirect Limited was held on August 11, 2026, via video conferencing. All resolutions were passed with the requisite majority. - Members approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. - A dividend of Rs. 1.40 per equity share (70% of face value) was declared for the financial year ended March 31, 2026. - Mr. Suramya Nevatia was re-appointed as Managing Director for a period of 3 years, and Mr. Parimal Merchant was appointed as a Non-Independent Non-Executive Director. - Revision in remuneration for Mrs. Akshada Nevatia, Executive Director, was also approved.

Governance Positive

2026-08-11 19:12

- The 68th Annual General Meeting (AGM) of Hirect Limited was held on August 11, 2026, via video conferencing. - All resolutions presented at the AGM were passed with the requisite majority. - Members approved the audited financial statements for the financial year ended March 31, 2026. - A dividend of Rs. 1.40 per equity share (70% of face value) was declared for FY ended March 31, 2026. - Re-appointment of Mr. Suramya Nevatia as Managing Director and Mr. Parimal Merchant as Non-Independent Non-Executive Director were approved.

Financials Neutral

2026-08-11 15:30

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Operating Revenue ₹2,363.92Mn vs ₹2,147.74Mn (▲10.06% YoY) - EBITDA ₹285.81Mn vs ₹242.74Mn (▲17.74% YoY) - PAT ₹150.91Mn vs ₹128.13Mn (▲17.78% YoY) - EBITDA Margin 12.09% vs 11.30% (▲79bps)

Financials Negative

2026-08-11 15:28

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹236.39Cr vs ₹214.77Cr (▲10.07% YoY) - EBITDA ₹28.58Cr vs ₹24.27Cr (▲17.74% YoY) - PAT ₹15.09Cr vs ₹12.81Cr (▲17.78% YoY) - EBITDA Margin 12.09% vs 11.30% (▲79bps)

Financials Neutral

2026-08-11 15:25

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹236.39Cr vs ₹214.77Cr (▲10.1% YoY) - EBITDA ₹28.58Cr vs ₹24.27Cr (▲17.7% YoY) - PAT ₹15.09Cr vs ₹12.81Cr (▲17.8% YoY) - EBITDA Margin 12.1% vs 11.3% (▲80bps)

Financials Negative

2026-08-11 15:22

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹236.39 Cr vs ₹214.77 Cr (▲10.06% YoY) - EBITDA ₹28.58 Cr vs ₹24.27 Cr (▲17.74% YoY) - PAT ₹15.09 Cr vs ₹12.81 Cr (▲17.78% YoY) - EBITDA Margin 12.09% vs 11.30% (▲79bps)

Governance Negative

2026-08-11 15:11

CRITICAL RED FLAG DETECTED

- Global CEO Douglas J. Bailey resigned; Chidambaram Balakrishnan appointed new Global CEO. - Rahul Rai appointed Independent Director; Anil Kumar Nemani appointed Whole-Time Director & CFO. - Board approved Q1 FY27 standalone results with revenue up 10%, PAT up 18% YoY.

Financials Positive

2026-08-11 15:03

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹236.39 Cr vs ₹214.77 Cr (▲10.06% YoY) - EBITDA ₹28.58 Cr vs ₹24.27 Cr (▲17.74% YoY) - PAT ₹15.09 Cr vs ₹12.81 Cr (▲17.78% YoY) - EBITDA Margin 12.09% vs 11.30% (▲79bps)

Financials Neutral

2026-08-11 14:59

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹2,363.92 Million vs ₹2,147.74 Million (▲10.06% YoY) - EBITDA ₹250.53 Million vs ₹242.74 Million (▲3.21% YoY) - PAT ₹150.91 Million vs ₹128.13 Million (▲17.78% YoY) - EBITDA Margin 10.59% vs 11.30% (▼71bps)

Financials Negative

2026-08-11 14:56

CRITICAL RED FLAG DETECTED

- Q1 FY27 Standalone Revenue ₹2,363.92Mn vs ₹2,147.74Mn (▲10.06% YoY) - EBITDA ₹250.53Mn vs ₹242.74Mn (▲3.21% YoY) - PAT ₹150.91Mn vs ₹128.13Mn (▲17.78% YoY) - EBITDA Margin 10.59% vs 11.30% (▼71bps) - Mr. Douglas J. Bailey resigned as Global Chief Executive Officer. - Mr. Chidambaram Balakrishnan was appointed as Global Chief Executive Officer. - Mr. Anil Kumar Nemani was appointed as Executive Director and Chief Financial Officer. - Mr. Rahul Rai was appointed as an Additional (Non-Executive Independent) Director. - Board approved investment in share capital of up to 300 equity shares of AED 1,000 each of Hirect Global Holdings Limited, UAE, a Wholly Owned Subsidiary.

Financials Negative

2026-08-11 12:57

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹258.45 Cr vs ₹214.77 Cr (▲20.33% YoY) - EBITDA ₹16.74 Cr vs ₹24.23 Cr (▼30.90% YoY) - PAT ₹6.50 Cr vs ₹12.77 Cr (▼49.07% YoY) - EBITDA Margin 6.48% vs 11.28% (▼480bps) - Mr. Douglas J. Bailey resigned as Global CEO; Mr. Chidambaram Balakrishnan appointed as new Global CEO. - Mr. Rahul Rai appointed as Non-Executive Independent Director for 5 years. - Mr. Anil Kumar Nemani appointed as Executive Director and CFO for 3 years. - The company approved an investment in its wholly-owned subsidiary, Hirect Global Holdings Limited, UAE.

Financials Negative

2026-08-11 12:53

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹2,584.48Mn vs ₹2,147.74Mn (▲20.33% YoY) - EBITDA ₹175.43Mn vs ₹244.55Mn (▼28.26% YoY) - PAT ₹94.22Mn vs ₹127.65Mn (▼26.19% YoY) - EBITDA Margin 6.79% vs 11.39% (▼460bps) - Mr. Douglas J. Bailey resigned as Global Chief Executive Officer, effective August 11, 2026. - Mr. Chidambaram Balakrishnan appointed as Global Chief Executive Officer. - Mr. Anil Kumar Nemani appointed as Executive Director and Chief Financial Officer for 3 years. - Mr. Rahul Rai appointed as Non-Executive Independent Director for 5 years.

Financials Negative

2026-08-11 12:52

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹2,584.48Mn vs ₹2,147.74Mn (▲20.33% YoY) - EBITDA ₹132.16Mn vs ₹242.28Mn (▼45.45% YoY) - PAT ₹94.22Mn vs ₹127.65Mn (▼26.19% YoY) - EBITDA Margin 5.11% vs 11.28% (▼617bps) - Mr. Douglas J. Bailey resigned as Global Chief Executive Officer (KMP) with effect from August 11, 2026. - Mr. Chidambaram Balakrishnan appointed as Global Chief Executive Officer and Senior Management Personnel. - Mr. Rahul Rai appointed as an Additional Director (Non-Executive Independent Director) for a term of 5 years. - Mr. Anil Kumar Nemani appointed as Additional Director and Whole-Time Director (Executive Director and Chief Financial Officer) for 3 years. - The company plans to invest in the share capital of up to 300 equity shares of AED 1,000 each in its Wholly Owned Subsidiary, Hirect Global Holdings Limited, UAE. - The company's name has officially changed from "Hind Rectifiers Limited" to "Hirect Limited" effective July 24, 2026.

Business Update Neutral

2026-08-06 12:46

- Concall Schedule - Concall Date: August 12, 2026 - Concall Time: 10:30 A.M. (IST)

Business Update Neutral

2026-08-06 12:43

- Concall Schedule - Concall Date: Wednesday, August 12, 2026 - Concall Time: 10:30 A.M. (IST) - Purpose: To discuss Q1FY27 financial and operational performance.

Governance Neutral

2026-08-04 15:14

- Board Meeting on August 11, 2026 - To consider and approve Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.

Business Update Positive

2026-07-31 12:53

- Order Win: Hirect Limited secured an order from the United States. - Details: The order is for IGBT Converters for the Mining Industry. - Significance: This order marks the company's entry into the mining segment and aligns with its long-term strategy for international business expansion.

Business Update Positive

2026-07-31 12:52

- Order Win: Hirect Limited secured an order from the United States. - Product: For IGBT Converters for the Mining Industry. - Significance: Marks the company's entry into the mining segment and expands international business.

Business Update Positive

2026-07-29 15:47

- Order Win: Hirect Limited secured its first order from the United States - Order Details: For Traction Motor Assemblies, marking initial entry into the U.S. market - Order Value: Not specified - Completition Timeline: Scheduled for delivery during FY27

Business Update Positive

2026-07-29 15:45

- Order Win: Hirect Limited secured its first order from the United States for Traction Motor Assemblies. - Order Value: Not specified. - Completition Timeline: FY27.

Business Update Neutral

2026-07-28 11:22

- Hirect Limited (formerly Hind Rectifiers Limited) has unveiled a new logo on July 28, 2026. - The refined 'H' logo aims to reflect what Hirect delivers today and intends to do in the future. - The new logo will be used on product labels, advertisements, marketing materials, and all communications.

Business Update Neutral

2026-07-28 11:19

- Hirect Limited (formerly Hind Rectifiers Limited) unveiled a new logo on July 28, 2026. - The new design reflects the company's current and future offerings and will be used across all product labels, advertisements, and communications.

Business Update Positive

2026-07-27 13:50

- Order Win: Hirect Limited won an order from MCF - Order Value: ₹60 Cr. - Completion Timeline: 24 months - Details: Supply of complete Propulsion Systems for 4 MEMU trainsets, marking the company's entry into next-generation Rail Systems.

Business Update Positive

2026-07-27 13:47

- Order Win: Hirect Limited secured a maiden order for Mainline Electric Multiple Unit (MEMU) trainsets from MCF. - Order Value: ₹60 crore. - Completion Timeline: 24 months.

Business Update Positive

2026-07-27 13:45

- Order Win: Hirect Limited secured its first development order for Vande Metro (Namo Bharat) trainset from Rail Coach Factory (RCF), Kapurthala. - Order Value: Approximately ₹60 crores. - Completion Timeline: 21 months. - Details: Includes Design, Development, Manufacture, Supply, Installation, Testing, and Commissioning of an IGBT-based 3-phase propulsion system, Traction Transformers, Traction Motors, TCMS, and other equipment, along with an annual maintenance contract.

Business Update Positive

2026-07-27 13:43

- Order Win: Hirect Limited secured its first development order for Vande Metro (Namo Bharat) trainsets from Rail Coach Factory (RCF), Kapurthala. - Order Value: Approximately ₹60 crores. - Completion Timeline: 21 months. - Details: The order involves the Design, Development, Manufacture, Supply, Installation, Testing and Commissioning of an IGBT-based 3-phase propulsion system, Traction Transformers, Traction Motors, TCMS, and other equipment, including an annual maintenance contract.

Business Update Positive

2026-07-26 09:57

- Order Win: Hirect Limited won order from MCF / Indian Railways - Order Value: ₹60 crores - Completition Timeline: Within 24 months

Business Update Positive

2026-07-26 09:56

- Order Win: Hirect Limited won order from MCF / Indian Railways - Order Value: ₹60 Cr. - Completition Timeline: 24 months

Business Update Positive

2026-07-25 22:49

- Order Win: Hirect Limited won an order from Indian Railways for Vande Metro (Namo Bharat) trainset - Order Value: ₹60 Cr. - Completion Timeline: Within 21 months

Business Update Positive

2026-07-25 22:45

- Order Win: Hirect Limited secured a development order from Indian Railways for Vande Metro (Namo Bharat) trainset. - Order Value: Approx. ₹60 Crores. - Completion Timeline: Within 21 months.

Routine Neutral

2026-07-24 13:18

- Company name changed from "Hind Rectifiers Limited" to "Hirect Limited". - The change is effective from July 24, 2026, following approval by the Registrar of Companies, Ministry of Corporate Affairs (MCA).

Routine Neutral

2026-07-24 13:15

- Company name changed from Hind Rectifiers Limited to Hirect Limited. - The change is effective from July 24, 2026, following approval from the Ministry of Corporate Affairs (MCA).

Ownership Positive

2026-07-21 19:26

- Hind Rectifiers Limited allotted 10,86,366 equity shares at ₹920.50 each on a preferential basis on July 21, 2026. - The issuance raised ₹100 Crores from Tata Mutual Fund (Small Cap Fund), a Non-Promoter Institution.

Ownership Positive

2026-07-21 19:13

- Hind Rectifiers Limited allotted 10,86,366 equity shares on a preferential basis on July 21, 2026. - The shares were issued at ₹920.50 each, aggregating to ₹100 Crores. - Allotment was made to Tata Mutual Fund (Small Cap Fund), a Non-Promoter Institution.

Governance Positive

2026-07-14 13:19

- The 68th Annual General Meeting (AGM) will be held on August 11, 2026, at 01:00 p.m. via Video Conferencing/Other Audio Visual Means. - A final dividend of INR 1.40 per equity share for FY 2025-26 has been declared. - The record date for dividend entitlement and e-voting is August 4, 2026.

Routine Neutral

2026-07-14 12:07