Hirect Limited

NSE: HIRECT · Unclassified

₹931.00-5.46%06 Nov 2026

Ask the data

Instant answers about Hirect Limited — computed from its filings, no language model

Market cap₹3,200 cr

Current price₹931.00

High / Low₹1,339 / ₹580

P/E118.8

P/B15.34

Book value₹60.7

ROE12.9%

ROCE14.5%

Debt / equity1.13

Dividend yield0.11%

EPS (TTM)₹7.84

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY25	FY26
Revenue	655.4	999.1
EBITDA	70.3	84.1
Operating margin	10.7%	8.4%
Interest	13.2	16.0
Depreciation	8.5	13.8
Profit before tax	50.1	53.9
Tax	13.0	15.3
Net profit	37.1	45.0
EPS ₹	21.64	13.68
Operating cash flow	35.6	85.8
Capex	22.7	97.4
Dividend paid	2.1	3.4
Total assets	417.3	662.1
Equity	159.9	208.6

Quarterly performance

last 7 quarters · ₹ crore

	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	168.9	185.1	214.8	227.2	277.4	279.8	258.4
Operating profit	17.6	19.9	24.2	25.9	25.5	8.4	13.2
Operating margin	10.4%	10.8%	11.3%	11.4%	9.2%	3.0%	5.1%
Other income	0.5	0.3	0.2	0.1	0.2	1.1	4.3
Interest	2.5	4.0	3.6	3.6	4.7	4.1	4.7
Depreciation	2.1	2.2	2.7	2.8	4.5	3.9	4.7
Profit before tax	13.4	14.0	18.1	19.6	15.3	0.8	11.6
Tax	3.5	4.0	5.3	4.9	2.6	2.4	5.1
Net profit	0.0	10.0	0.0	0.0	13.0	4.5	9.4
EPS ₹	5.84	5.83	7.44	8.58	7.58	1.52	2.74
Revenue YoY	—	—	—	—	64.2%	51.2%	20.3%
Profit YoY	—	—	—	—	—	-55.0%	—

Earlier results (standalone, Sep '07 – Sep '24)

₹ crore · from BSE, before the NSE XBRL filings begin

Hirect Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 16 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†	FY20†	FY21†	FY22†	FY23†	FY24†
Revenue	98.1	75.3	101.7	117.9	136.2	96.7	94.0	93.9	111.3	127.1	255.1	299.6	305.1	372.1	359.1	517.6
Operating profit	16.5	11.8	14.7	15.8	14.2	-3.5	-2.5	2.0	4.8	9.8	25.3	37.1	19.6	22.2	15.1	44.2
Operating margin	16.8%	15.7%	14.4%	13.4%	10.4%	-3.6%	-2.6%	2.2%	4.3%	7.7%	9.9%	12.4%	6.4%	6.0%	4.2%	8.5%
Other income	0.1	0.3	0.2	0.2	0.2	0.5	0.4	0.6	0.6	0.5	0.6	0.5	0.4	0.3	0.3	0.6
Interest	0.8	0.6	0.8	1.6	1.0	1.7	2.4	3.3	5.0	6.0	7.0	7.3	8.7	6.9	8.1	12.7
Depreciation	1.7	1.6	2.4	2.4	2.4	2.3	1.5	1.6	2.0	2.3	2.7	4.1	3.8	4.5	5.1	7.5
Profit before tax	14.1	10.1	11.6	12.1	11.1	-7.0	-5.9	-2.2	-9.4	2.0	16.6	26.2	7.4	11.2	-8.7	17.7
Tax	4.6	2.3	1.5	1.4	1.0	-2.1	-2.4	-0.7	-2.6	0.7	4.9	7.8	2.0	3.4	-2.3	5.2
Net profit	9.4	7.8	10.1	10.7	10.1	-4.9	-3.6	-1.5	-6.8	1.3	11.8	18.5	5.3	7.8	-6.4	12.5

Quarters

showing latest 8 of 69 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†	SEP '19†	DEC '19†	MAR '20†	JUN '20†	SEP '20†	DEC '20†	MAR '21†	JUN '21†	SEP '21†	DEC '21†	MAR '22†	JUN '22†	SEP '22†	DEC '22†	MAR '23†	JUN '23†	SEP '23†	DEC '23†	MAR '24†	JUN '24†	SEP '24†
Revenue	26.0	23.0	34.4	19.0	24.3	22.9	31.9	13.6	14.9	18.7	28.1	14.0	20.8	21.4	45.4	18.6	26.2	17.0	56.1	22.2	37.5	32.6	43.9	8.9	29.5	22.0	36.3	12.4	25.9	20.8	34.8	12.7	17.6	23.8	39.8	26.4	28.6	24.4	32.0	19.5	24.0	29.1	54.4	43.3	59.4	68.5	83.9	68.3	83.2	70.2	77.9	47.6	100.9	81.0	75.6	73.5	102.1	94.2	102.3	72.6	77.6	97.2	111.6	97.6	132.0	136.6	151.4	135.5	165.8
Operating profit	5.5	4.9	6.9	3.5	4.6	3.5	4.9	1.7	1.1	3.3	5.8	1.2	1.9	3.0	8.4	2.0	2.9	0.8	10.1	1.5	4.4	3.9	4.3	-3.1	-0.9	-0.9	1.4	-2.4	-0.9	-1.2	2.0	-1.6	-0.9	0.8	3.7	0.5	0.8	0.7	2.9	-0.3	0.9	2.9	6.3	4.1	5.5	6.9	8.7	9.7	13.4	8.2	5.8	3.3	7.2	4.9	4.2	5.1	7.5	4.7	5.0	-0.3	-2.2	6.5	11.0	6.6	10.6	13.5	13.5	14.5	18.3
Operating margin	21.0%	21.2%	20.1%	18.4%	19.0%	15.4%	15.3%	12.3%	7.6%	17.4%	20.4%	8.9%	9.3%	14.2%	18.6%	10.6%	11.1%	4.8%	18.0%	6.7%	11.8%	12.1%	9.8%	-34.3%	-3.0%	-4.3%	3.8%	-19.5%	-3.4%	-5.7%	5.7%	-12.5%	-5.2%	3.5%	9.3%	1.9%	2.7%	2.8%	9.1%	-1.7%	3.7%	10.1%	11.6%	9.5%	9.3%	10.1%	10.4%	14.2%	16.2%	11.7%	7.4%	6.9%	7.2%	6.0%	5.5%	6.9%	7.3%	4.9%	4.9%	-0.4%	-2.8%	6.7%	9.9%	6.8%	8.0%	9.9%	8.9%	10.7%	11.0%
Other income	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.3	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.1	0.0	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.1	0.4	0.1	0.1	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.4	0.0	0.0	0.2	0.2	0.1	0.1	0.0	0.1	0.1	0.1	0.0	0.2	0.0	0.1	0.0	0.1	0.1	0.1	0.1	0.4	0.5	0.1
Interest	0.2	0.2	0.3	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.2	0.1	0.1	0.2	0.3	0.2	0.3	0.4	0.6	0.3	0.1	0.2	0.3	0.3	0.3	0.5	0.6	0.5	0.5	0.5	0.9	0.8	0.9	0.8	0.8	1.2	1.3	1.2	1.4	1.1	1.2	1.8	1.8	1.7	1.6	1.9	1.9	1.4	1.8	2.2	1.9	2.0	2.4	2.3	2.1	1.8	1.7	1.7	1.8	1.7	2.1	2.0	2.3	2.5	2.8	3.2	4.1	3.3	3.4
Depreciation	0.3	0.4	0.4	0.4	0.4	0.5	0.4	0.4	0.4	0.4	0.4	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.5	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.3	0.4	0.4	0.4	0.4	0.4	0.4	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.8	0.7	0.7	0.7	0.7	1.0	1.0	1.0	1.1	0.9	0.9	1.0	1.1	1.1	1.1	1.1	1.2	1.2	1.3	1.2	1.4	1.6	1.9	2.0	2.0	2.0	2.1
Profit before tax	5.0	4.3	6.3	2.9	4.0	2.8	4.2	1.2	0.7	2.7	5.5	0.6	1.2	2.2	7.6	1.2	2.0	-0.2	9.1	0.7	3.7	3.2	3.5	-3.8	-1.7	-1.9	0.2	-3.1	-1.6	-2.0	0.9	-2.7	-2.0	-0.3	2.9	-1.0	-0.9	-0.9	-6.6	-1.8	-0.8	0.7	3.9	1.8	3.3	4.9	6.6	7.3	10.7	5.3	2.9	0.5	4.0	1.7	1.1	2.3	4.8	1.9	2.2	-3.2	-5.6	3.4	-3.2	2.6	6.0	1.3	7.7	9.7	12.9
Tax	1.7	1.5	2.2	1.0	1.4	0.9	1.3	0.1	0.1	0.6	1.4	0.1	0.3	0.4	0.7	0.2	0.4	-0.0	0.8	0.1	0.8	0.6	-0.6	0.0	0.0	0.0	-2.1	0.0	0.0	0.0	-2.4	0.0	0.0	0.0	-0.7	0.0	0.0	0.0	-2.6	0.0	0.0	0.0	0.7	0.5	1.0	1.8	1.6	2.1	3.2	1.6	0.9	0.2	1.2	0.4	0.3	0.8	1.4	0.6	0.6	-0.9	-1.5	0.9	-0.8	0.7	2.0	-0.2	2.6	2.8	2.8
Net profit	3.2	2.8	4.1	1.9	2.7	1.9	2.9	1.0	0.5	2.1	4.1	0.5	1.0	1.8	6.9	0.9	1.6	-0.1	8.3	0.6	3.0	2.5	4.1	-3.8	-1.7	-1.9	2.4	-3.1	-1.6	-2.0	3.2	-2.7	-2.0	-0.3	3.5	-1.0	-0.9	-0.9	-4.1	-1.8	-0.8	0.7	3.2	1.3	2.4	3.1	5.0	5.2	7.5	3.7	2.1	0.4	2.9	1.2	0.8	1.6	3.4	1.3	1.6	-2.3	-4.1	2.4	-2.5	1.9	4.0	1.5	5.1	6.9	10.2
EPS ₹	4.30	3.74	5.45	2.53	3.55	1.29	1.95	0.69	0.35	1.40	2.72	0.31	0.64	1.19	4.58	0.61	1.07	-0.09	5.50	0.37	1.98	1.68	2.70	-2.51	-1.10	-1.24	1.58	-2.09	-1.10	-1.34	2.15	-1.80	-1.36	-0.18	2.34	-0.67	-0.57	-0.59	-2.70	-1.19	-0.56	0.29	2.15	0.82	1.43	1.91	2.99	3.14	4.55	2.24	1.23	0.22	1.73	0.75	0.52	0.93	2.04	0.79	0.95	-1.37	-2.45	1.46	-1.48	1.11	2.32	0.89	2.99	4.04	5.95
Revenue YoY	—	—	—	—	-6.2%	-0.3%	-7.2%	-28.7%	-38.7%	-18.3%	-11.8%	3.1%	39.6%	14.5%	61.3%	33.1%	25.5%	-20.6%	23.7%	19.6%	43.3%	91.5%	-21.9%	-59.8%	-21.3%	-32.4%	-17.4%	39.1%	-12.0%	-5.7%	-3.9%	2.0%	-32.0%	14.5%	14.3%	108.0%	62.0%	2.6%	-19.7%	-26.1%	-16.0%	19.4%	70.3%	122.1%	147.5%	135.2%	54.2%	57.9%	40.0%	2.4%	-7.2%	-30.3%	21.3%	15.4%	-3.0%	54.2%	1.2%	16.3%	35.4%	-1.1%	-24.0%	3.2%	9.0%	34.3%	70.0%	40.5%	35.6%	38.9%	25.7%
Profit YoY	—	—	—	—	-17.3%	-31.2%	-28.5%	-45.3%	-80.2%	9.3%	39.6%	-55.8%	83.0%	-15.1%	68.7%	102.2%	66.0%	-107.8%	20.1%	-40.9%	85.1%	—	-51.0%	-785.5%	-155.7%	-173.5%	-41.6%	—	—	—	36.7%	—	—	—	9.0%	—	—	—	-215.0%	—	—	—	—	—	—	377.3%	55.5%	293.9%	220.4%	17.1%	-58.3%	-92.9%	-62.0%	-66.1%	-58.9%	318.9%	18.2%	4.8%	83.5%	-246.5%	-220.1%	84.7%	-257.7%	—	—	-37.2%	—	264.7%	155.8%

Returns & margins

trailing-twelve-month, per quarter

	SEP '25	DEC '25	MAR '26	JUN '26
ROE	5.3%	12.1%	8.4%	12.9%
ROCE	20.1%	21.1%	15.7%	14.5%
Net margin	1.3%	2.5%	1.8%	2.6%
EBITDA margin	11.0%	10.6%	8.4%	7.0%
Debt / equity	1.07	1.07	1.13	1.13
Interest coverage	5.75	5.22	4.37	3.77
Asset turnover	1.58	1.79	1.51	1.58

Balance sheet

equity vs borrowings over time · ₹ crore

	MAR '25	SEP '25	MAR '26
Share capital	3.4	3.4	6.9
Other equity / reserves	156.4	186.8	201.7
Total equity	159.9	190.2	208.6
Borrowings	159.0	203.2	236.7
Current liabilities	218.4	256.9	396.3
Non-current liabilities	39.0	57.4	59.9
Total assets	417.3	504.5	662.1
Property, plant & equipment	86.7	87.3	171.5
Capital work-in-progress	6.8	54.2	3.3
Investments	0.1	0.1	0.1
Inventories	120.7	142.8	149.1
Receivables	109.5	101.6	246.4
Cash & equivalents	0.3	24.9	3.9

Cash flow

annual · ₹ crore · line = free cash flow

	FY25	FY26
Cash from operations	35.6	85.8
Cash from investing	-25.3	-90.3
Cash from financing	-10.7	8.1
Capex	22.7	97.4
Free cash flow	12.9	-11.6
Dividends paid	2.1	3.4

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹171.5 cr26%

CWIP

₹3.3 cr0%

Investments

₹0.1 cr0%

Inventories

₹149.1 cr23%

Receivables

₹246.4 cr37%

Cash & equivalents

₹3.9 cr1%

Other assets

₹87.7 cr13%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Hirect Limited	3,200	931.00	118.8	15.34	12.9%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-16.4%

6 months-1.8%

1 year+8.4%

3Y CAGR+41.8%

5Y CAGR+57.9%

10Y CAGR+34.6%

50-day avg₹1,135.58

200-day avg₹995.14

RSI (14)25

FAQs

What is the share price of Hirect Limited?

Hirect Limited (HIRECT) closed at ₹931.00 on NSE on 06 Nov 2026.

What is the market cap of Hirect Limited?

₹3,200 crore at the latest close.

What is the P/E ratio of Hirect Limited?

118.8, on trailing-twelve-month earnings from its filings.

How fast is Hirect Limited growing?

Hirect Limited: Latest-quarter revenue is up 20.3% year on year.

How profitable is Hirect Limited?

On a trailing-twelve-month basis return on equity is 12.9%, return on capital employed 14.5%, operating margin 7.0%, net margin 2.6%.

How much debt does Hirect Limited have?

Hirect Limited is moderately geared: debt to equity is 1.13 with borrowings of ₹237 cr against cash of ₹4 cr (balance sheet of 2026-03-31). Operating profit covers interest 3.8 times.

Financials parsed from Hirect Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '24, annual from FY25, balance sheet from Mar '25. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.