RIR Power Electronics

NSE: RIRBSE: 517035
Compare with peers
₹ 136.00▼ 8.41 (−5.82%)29 Oct, 03:29 pm IST
Market cap
₹ 1,180 Cr.
P/E
178.2x
P/B
8.74x
52-week range
135.15 – 213.94
ROE
5%
ROCE
7.9%
Dividend yield
0.1%
Debt / equity
0.1
Sector
Electrical Equipment
Industry
Other Electrical Equipment
Listed on
NSE, BSE

About

RIR Power Electronics Limited is an India-based company, which is engaged in the manufacturing of semiconductor devices and high power equipments. The Company operates through one segment, which is Power Electronics. Its products include semiconductor devices, semiconductor modules and equipments. Its semiconductor devices include phase control thyristors, inverter grade thyristors, standard recovery diodes and fast recovery diodes. Its semiconductor modules include high voltage modules, diode bridge rectifiers, diode bridge modules, IGBT modules, and power modules. Its equipments category includes power rectifiers, battery charger, stack and assemblies, ac voltage regulator, and universal control card. Its products are used for industrial applications in diverse sectors such as railways, induction furnace, electricity and power generation, water treatment, metals, defense, automobiles, and oil and gas plants, among others. Its subsidiary is Visicon Power Electronics Private Limited.

Quick check

The five things to look at first. Open one for more.

RIR Power Electronics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)178.2 against a typical 27.6: pricier than most peers (1st = cheapest).77th of 79
  • Sales growth−9.5% against a typical +32.2% from a year earlier.51st of 68
  • Profit growth−42.8% against a typical +15.9% from a year earlier.46th of 64
  • Share price, 3 months−13.3% against a typical −7.9%.45th of 73
  • Size₹ 1,179.7 Cr. market value against a typical ₹ 559.7 Cr. (1st = largest).25th of 76

Latest announcements

Exchange filings and their impact on the company.

  • 26 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice −2.3% on 27 Oct
    Strong Q2 with revenue up 32% and PAT up 41% YoY puts H1 profit near full FY26 profit.

    RIR Power Electronics reported standalone Q2 FY27 revenue of Rs 33.98 crore, up 32.5% from Rs 25.64 crore a year ago, and net profit of Rs 4.45 crore, up 41% from Rs 3.15 crore. For the half year, revenue was Rs 61.14 crore and net profit Rs 7.59 crore, up 31% and 55% year-on-year. The growth came with higher employee costs pressuring margins, while strong operating cash of Rs 32.25 crore funded Rs 35.5 crore of plant and SiC fab capex and cut short-term borrowings.

    Filing

Research by Minerva Capital Research Solutions

Our research team's work on RIR Power Electronics

Also covered in

Sector note · 5 Jan 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
26 Oct 2026Financial ResultsTo consider and approve the financial results for the period ended September 30, 2026
10 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026

Share price

1M change −26.96%
1 of 1 filing day came with a big price moveBiggest −2.3% on 27 Oct 2026AI reading matched the move 0 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales141715222119202621262024
Expenses121413181817182318211922
Operating Profit232432233412
OPM %12.9%15.8%10.5%18.2%15.7%12.3%10.6%13%13.7%17%4.2%8.7%
Other Income100101100201
Interest000010000000
Depreciation000000000000
Profit before tax221432233512
Tax %27.7%32.5%7.4%28.6%21.8%38.1%22.5%24.5%30.9%22.1%28.6%43.7%
Net Profit121321122401
EPS in Rs0.20.230.160.40.330.190.190.320.240.530.060.17

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
25%
3 Years
17%
TTM
5%
Compounded Profit Growth
10 Years
—
5 Years
37%
3 Years
3%
TTM
−15%
Stock Price CAGR
10 Years
48%
5 Years
92%
3 Years
45%
TTM
—
Return on Equity
10 Years
—
5 Years
10%
3 Years
8%
TTM
—

Shareholding

Latest: Jul 2026.

Promoters
58.61%
−0.68 pts in a year
FIIs
8.2%
−1.32 pts in a year
DIIs
0.01%
0 pts in a year
Public
33.18%
+2.01 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 178.2xEPS (12 months) ₹ 0.81Median P/E 165.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
RIR Power Electronics₹ 136.00₹ 1,180 Cr.178.2x8.7x5%—
Premier Energies₹ 882.00₹ 39,782 Cr.32.3x11.3x42.4%19.3%
Emmvee Photovoltaic Power₹ 237.80₹ 16,430 Cr.20.1x6.5x—22.8%
RRP Semiconductor₹ 8,044.35₹ 10,960 Cr.—1,378.8x−59.8%—
Vikram Solar₹ 127.85₹ 4,633 Cr.14.1x2.2x—9.8%
Saatvik Green Energy₹ 350.00₹ 4,469 Cr.15.5x4.4x42.5%7.9%

Management

Ramesh Kumar Narasinghbhan
Chief Executive Officer, Managing Director, Executive Director
Bhavin Premji Rambhia
Compliance Officer, Company Secretary
Mukesh P. Doshi
Member - Management Team
E. K. Lalkaka
Member - Management Team

Prices are delayed and for information only. Nothing on this page is investment advice.