---
title: "Hirect Ltd (HIRECT) — Share Price, Financials & Analysis"
symbol: "HIRECT"
company: "Hirect Ltd"
canonical: "https://tapetide.com/stocks/HIRECT"
isin: "INE835D01023"
nse_symbol: "HIRECT"
bse_code: "504036"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 4196.16
generated_at: "2026-09-13T18:58:15.098Z"
---

# Hirect Ltd (HIRECT)

Canonical page: https://tapetide.com/stocks/HIRECT

## Company

- **NSE Symbol:** HIRECT
- **BSE Code:** 504036
- **ISIN:** INE835D01023
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-12-26
- **CEO:** Mr. Suramya Saurabh Nevatia
- **Employees:** 539
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** hirect.com

## About

HRL  manufactures power electronic equipment such as converters, inverters, propulsion system, rectifiers and railway transformation equipment like traction transformer for locomotive, motors, various types of panels for locomotive  switch board cabinet, regulated battery charger,  inverters and modular pantry. The manufacturing facilities are in Mumbai and Nasik, Maharashtra, and Dehradun, Uttarakhand, and its registered office is in Mumbai.

## Latest Price

- **Price:** ₹1245.4
- **Change:** -3.5 (-0.28%)
- **Open:** ₹1244.9
- **Day High:** ₹1255
- **Day Low:** ₹1205
- **Previous Close:** ₹1248.9
- **Volume:** 51541
- **As Of:** 2026-09-11T10:20:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:50.627284Z.

- **Market Cap:** ₹4196.16 Cr
- **Classification:** Microcap
- **P/E (reported):** 136.9
- **P/E (TTM):** 103.61
- **EPS (TTM):** ₹12.02
- **EPS (reported):** ₹14.1
- **Book Value:** ₹87.02
- **Price to Book:** 14.35
- **Dividend Yield:** 0.11%
- **ROE:** 18.75%
- **ROCE:** 26.3%
- **Debt to Equity:** 1.17
- **Revenue (yearly):** ₹1000.8 Cr
- **Net Income:** ₹38.6 Cr
- **EBITDA:** ₹85.7 Cr
- **52-Week High:** ₹1399
- **52-Week Low:** ₹565.2
- **RSI (14):** 50.55

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.37 | 9% |
| growth | 85.9 | 9% |
| momentum | 86.85 | 12% |
| ownership | 69.06 | 24% |
| quality | 40.33 | 22% |
| valuation | 18.44 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company's working capital requirements have reduced from 21.3 days to 14.9 days

### Weaknesses

- Stock is trading at 20.5 times its book value
- Promoter holding has decreased over last quarter: -1.35%
- Debtor days have increased from 71.3 to 90.0 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 140.84% | 153.13% | 456.49% |
| ebitda margin growth | 139.77% | -21.59% | -1.04% | — |
| net income growth | 506.25% | 4.04% | 208.8% | — |
| revenue growth | -5.2% | 52.38% | 24.53% | — |
| roce | 231.38% | -17.37% | 36.69% | — |
| roe | -508.81% | -19.22% | 17.34% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 136.63 | 151.36 | 135.53 | 165.85 | 168.94 | 185.05 | 214.77 | 227.15 | 277.39 | 279.82 | 258.45 |
| Expenses | 123.15 | 137.86 | 121.05 | 147.54 | 151.31 | 165.15 | 190.55 | 201.27 | 251.84 | 271.39 | 245.23 |
| Operating Profit | 13.48 | 13.5 | 14.48 | 18.31 | 17.63 | 19.9 | 24.22 | 25.88 | 25.55 | 8.43 | 13.22 |
| OPM % | 9.87 | 8.92 | 10.68 | 11.04 | 10.44 | 10.75 | 11.28 | 11.39 | 9.21 | 3.01 | 5.12 |
| Other Income | -6.91 | 0.38 | 0.51 | 0.13 | 0.5 | 0.34 | 0.23 | 0.13 | -1.07 | 0.36 | 7.86 |
| Interest | 3.23 | 4.13 | 3.26 | 3.4 | 2.52 | 4.02 | 3.62 | 3.56 | 4.71 | 4.09 | 4.74 |
| Depreciation | 2.02 | 2 | 2.01 | 2.11 | 2.15 | 2.22 | 2.73 | 2.81 | 4.45 | 3.85 | 4.71 |
| Profit before tax | 1.32 | 7.75 | 9.72 | 12.93 | 13.46 | 14 | 18.1 | 19.64 | 15.32 | 0.85 | 11.63 |
| Tax % | -14.39 | 33.81 | 28.7 | 21.19 | 25.63 | 28.71 | 29.5 | 25.05 | 17.1 | 285.88 | 44.02 |
| Net Profit | 1.52 | 5.12 | 6.93 | 10.19 | 10.01 | 9.99 | 12.77 | 14.72 | 12.7 | -1.58 | 6.5 |
| EPS in Rs | 0.44 | 1.49 | 2.02 | 2.97 | 2.92 | 2.91 | 3.72 | 4.28 | 3.69 | 1.31 | 2.74 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 518 | 655 | 999 | 1043 |
| Expenses | 473 | 585 | 914 | 970 |
| Operating Profit | 45 | 71 | 85 | 73 |
| OPM % | 9 | 11 | 9 | 7 |
| Other Income | -6 | 1 | 0 | 7 |
| Interest | 13 | 14 | 17 | 17 |
| Depreciation | 7 | 8 | 14 | 16 |
| Profit before tax | 18 | 50 | 54 | 47 |
| Tax % | 29 | 26 | 28 | — |
| Net Profit | 13 | 37 | 39 | 32 |
| EPS in Rs | 3.65 | 10.82 | 13.1 | 12.02 |
| Dividend Payout % | 16 | 9 | 11 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 7 |
| Reserves | 121 | 156 | 202 |
| Borrowings | 135 | 164 | 245 |
| Other Liabilities | 71 | 93 | 209 |
| Total Liabilities | 331 | 417 | 662 |
| Fixed Assets | 90 | 107 | 196 |
| CWIP | 22 | 12 | 10 |
| Investments | 0 | 0 | 0 |
| Other Assets | 219 | 298 | 455 |
| Total Assets | 331 | 417 | 662 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 34 | 36 | 86 |
| Cash from Investing Activity | -19 | -25 | -90 |
| Cash from Financing Activity | -14 | -11 | 8 |
| Net Cash Flow | 0 | 0 | 4 |
| Free Cash Flow | 20 | 14 | -12 |
| CFO/OP | 76 | 62 | 116 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 63 | 61 | 90 |
| Inventory Days | 92 | 92 | 74 |
| Days Payable | 45 | 46 | 59 |
| Cash Conversion Cycle | 110 | 107 | 105 |
| Working Capital Days | 24 | 25 | 15 |
| ROCE % | — | 22 | 19 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 44.08% | 44.08% | 44.05% | 44.05% | 44.05% | 43.98% | 43.98% | 43.98% | 43.93% | 43.93% | 43.93% | 43.92% |
| FIIs | 6.26% | 5.72% | 5.76% | 5.82% | 5.97% | 6.28% | 6.03% | 6.3% | 6.64% | 6.21% | 6.38% | 6.57% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.09% | 0.02% | 0.07% | 0.13% | 0.13% | 0.13% | 0.2% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 30.06% | 30.82% | 30.56% | 30.41% | 29.55% | 29.23% | 29.42% | 29.56% | 29.42% | 29.58% | 28.85% | 29.26% |
| Others | 19.58% | 19.36% | 19.61% | 19.71% | 20.41% | 20.41% | 20.54% | 20.07% | 19.88% | 20.15% | 20.71% | 20.05% |
| No. of Shareholders | 7580 | 8403 | 9936 | 10997 | 14319 | 16593 | 18241 | 18496 | 24038 | 23276 | 21700 | 22270 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1240.8 | Buy |
| EMA (10) | 1246.59 | Sell |
| SMA (20) | 1245.49 | Sell |
| EMA (20) | 1247.34 | Sell |
| SMA (50) | 1239.99 | Buy |
| EMA (50) | 1220.57 | Buy |
| SMA (100) | 1138 | Buy |
| EMA (100) | 1134.05 | Buy |
| SMA (200) | 927.08 | Buy |
| EMA (200) | 997.58 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.93 | Neutral |
| MACD (12,26,9) | 0.27 | Buy |
| Stochastic (14,3,3) | 45.38 | Neutral |
| ADX (14) | 13.7 | Neutral |
| Williams %R (14) | -61.79 | Neutral |
| ATR (14) | 51.1 | High Volatility |
| ROC (12) | -0.11 | Sell |
| Stoch RSI (14) | 46.6 | Neutral |
| UO (7,14,28) | 45.85 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee685ef1-0699-4b10-9bdd-1f7084a5789a.pdf) |
| 2026-09-03 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=176a40f1-7e60-48b4-82a7-337e63e75e6c.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f184dae-cee8-4bc8-85d0-57d3b29d07da.pdf) |
| 2026-08-17 | [Intimation Regarding The Dispatch Of Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=427c2167-7fea-47af-9206-2886f9d3aa53.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=328985a4-4ab4-4e35-8eff-1a4df2438355.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9430f952-45e7-4295-916a-6d779e27a090.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9be50946-0767-404c-9fb1-a11430b43d7a.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Approval Of Unaudited Standalone And Consolidated Financial Results Of The Compnay For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e6f16d2-adf9-48b2-9685-2b5a396d7b2c.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b0e9729-fa1c-463b-9df8-523afc9395b8.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c14a5bef-13bf-42b5-96a6-272023c2b142.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ee5ba12-ffdf-496c-9e6c-a7cf49bc5ece.pdf) |
| 2026-05-22 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab39e336-a8f2-40a1-a439-7b8907e96d90.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8157b18-ef31-4985-b8d5-86bd1269236f.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd62609a-0fde-4e94-847e-74e18e821a2f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Approval Of Unaudited Standalone And Consolidated Financial Results Of The Compnay For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=caa61e45-5095-4fac-a4b0-6362fa8ec2aa.pdf) |
| 2026-05-16 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5f6f229-986b-47f4-812f-b7ad152ddc9f.pdf) |
| 2026-02-11 | [Unaudited Financial Results (Standalone And Consolidated) Of The Company Along With The Limited Review Report For The Third Quarter And Nine Months Ended December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6940d6a6-3da4-42ee-a4f1-daab3661f897.pdf) |
| 2025-05-05 | [Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1bcea4c3-c1c3-4c06-8132-cfbb84da4527.pdf) |
| 2025-01-31 | [Results For The Quarter Ended On 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1eb063e-c29f-4c20-9d7c-7bb7a74bbc39.pdf) |
| 2024-10-30 | [Unaudited Financial Results Dated 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c86db8b7-2a3e-42a9-8aee-36e5a7983066.pdf) |
| 2024-08-01 | [Unaudited Financial Results 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e61d3ed-2472-4a8e-81de-ef8222261198.pdf) |
| 2024-05-28 | [Outcomes Of The Board Meeting Dated 28.05.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=592f81fe-7b40-4f72-a2a8-bab927578778.pdf) |
| 2024-02-08 | [Outcomes Of Board Meeting Dated 08.02.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7224e6e6-39e6-430f-a0c0-b5fe0b604a84.pdf) |
| 2023-11-04 | [Unaudited Financial Results 30.09.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82e84a1c-9732-46fd-9f76-52c03f29029b.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=74393c0b-c106-46ae-b897-eca35a7b3d54.pdf) |
| 2026-05-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bf62e6b-c61a-41d4-909b-a51bca4a1cbe.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae89e331-7fb0-449d-be31-5b3fba2fafb0.pdf) |
| 2025-11-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59fe688d-4da4-476a-bb47-c2d279e1de22.pdf) |
| 2025-07-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd1eca9a-9042-4ddd-a58f-34407d7f67c3.pdf) |
| 2025-05-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75de44c5-8ad5-45df-9d0b-a00e804c0a0b.pdf) |
| 2025-02-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=599a2b27-19da-4b67-b9e0-eb9daf5c43e7.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd62609a-0fde-4e94-847e-74e18e821a2f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9bf62e6b-c61a-41d4-909b-a51bca4a1cbe.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9bf62e6b-c61a-41d4-909b-a51bca4a1cbe.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ba68d67-a7b2-4dbc-ba96-1f850263b32b.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ba68d67-a7b2-4dbc-ba96-1f850263b32b.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/599a2b27-19da-4b67-b9e0-eb9daf5c43e7.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9e99a65-4d4d-4d7f-835a-fcbda4e25204.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9e99a65-4d4d-4d7f-835a-fcbda4e25204.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, we are enclosing herewith a copy of the certificate received from Adroit Corporate … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, we are enclosing herewith a copy of the certificate received from Adroit Corporate …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c709914-61bf-4f05-bc6a-10bcf3fbcbb8.pdf) |
| 7h - Postal ballot passed (Mar 20, 2026) approving issuance of bonus shares; 8,412,023 votes in favour. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 7h - Postal ballot passed (Mar 20, 2026) approving issuance of bonus shares; 8,412,023 votes in favour.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3caf3d05-16bd-4ae6-bda6-c1214838bc10.pdf) |
| 7 Apr - The officials of the Company will be meeting Investors/Analysts (Participants), as per below details: Date & Time Nature of Meeting Mode of Meeting 10th April, … | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Apr - The officials of the Company will be meeting Investors/Analysts (Participants), as per below details: Date & Time Nature of Meeting Mode of Meeting 10th April, …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c3deb12-4b68-4f9e-a465-a827189956e6.pdf) |
| 6h - 1:1 bonus issue of 17,183,807 shares; record date Mar 27, 2026; allotment Mar 30; trading Mar 31. | [Intimation Of Record Date For Allotment Of Bonus Equity Shares 6h - 1:1 bonus issue of 17,183,807 shares; record date Mar 27, 2026; allotment Mar 30; trading Mar 31.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b91f0316-2428-4b4d-8756-1e7d440dbb7c.pdf) |
| 31 Mar - Bonus shares approved; effective listing date amended to April 1, 2026 (board Feb 11, shareholders Mar 19). | [Clarification With Respect To Circular No. 20260324-39 Dated March 24, 2026 Issued By BSE. 31 Mar - Bonus shares approved; effective listing date amended to April 1, 2026 (board Feb 11, shareholders Mar 19).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e7f88d2-f8e6-4d14-9fd9-4ef174a8473d.pdf) |
| 30 Mar - 1:1 bonus; 1,71,83,807 shares allotted; Record Date March 27, 2026; paid-up capital doubled. | [Announcement under Regulation 30 (LODR)-Allotment 30 Mar - 1:1 bonus; 1,71,83,807 shares allotted; Record Date March 27, 2026; paid-up capital doubled.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28f068af-180d-4106-b1c9-9f4a2ccf0570.pdf) |
| 29 Apr - Of allotment of 4625 equity shares pursuant to exercise of stock options by the options grantees under the Company''s Stock Option Plan. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 29 Apr - Of allotment of 4625 equity shares pursuant to exercise of stock options by the options grantees under the Company''s Stock Option Plan.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2313d8b6-6a04-47fc-a31a-2c874f007a65.pdf) |
| 29 Apr - Of allotment of 4625 equity shares pursuant to exercise of stock options by the options grantees under the Company''s Stock Option Plan. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 29 Apr - Of allotment of 4625 equity shares pursuant to exercise of stock options by the options grantees under the Company''s Stock Option Plan.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2313d8b6-6a04-47fc-a31a-2c874f007a65.pdf) |
| 28 Apr - Public notice in respect of equity shares which are liable to be transferred to the Investor Education and Protection Fund Account. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Public notice in respect of equity shares which are liable to be transferred to the Investor Education and Protection Fund Account.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/21eb04c8-9d4b-4ad8-82bb-6c0a1b7a86b0.pdf) |
| 28 Apr - Public notice in respect of equity shares which are liable to be transferred to the Investor Education and Protection Fund Account. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Public notice in respect of equity shares which are liable to be transferred to the Investor Education and Protection Fund Account.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/21eb04c8-9d4b-4ad8-82bb-6c0a1b7a86b0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_HIRECT_2010_2011_20092011101818.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6385b78a-d9e3-4ccb-9e15-8c41d14c2a8d.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa19e3c8-5a7a-4c08-8746-4ba3eb44ef60.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/102af86a-7a52-444a-9aa7-3bb81e1c5a91.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d21e83c-16ca-4c33-98d5-5998aa182285.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/504036/73693504036.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504036/68983504036.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504036/5040360320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/504036/5040360319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504036/5040360318.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2025-07-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6830d7bb-1d0c-479b-b99c-3b30491cd03e.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:15.098Z.