RIR also secured its first overseas order, 120 units of 125mm 5kV SCR thyristors, and showcased railway power electronics solutions at RailTrans Expo 2026.
Mumbai-based RIR Power Electronics Limited reported a strong first quarter for FY2026-27, with standalone revenue rising 29.28 per cent year-on-year to ₹27.16 crore from ₹21.01 crore in Q1 FY26. Profit after tax surged 80.59 per cent to ₹3.14 crore compared to ₹1.74 crore in the same period last year.Adjusted EBITDA climbed 62.87 per cent to ₹4.71 crore, with margins expanding 357 basis points to 17.32 per cent. PAT margin improved to 11.23 per cent from 8.14 per cent a year ago. On a sequential basis, the numbers were equally sharp, PAT more than doubled (+126 per cent) over Q4 FY26’s ₹1.39 crore.The company, listed on BSE (517035) and NSE (RIR), made its NSE debut on July 16, 2026. The stock closed at ₹176.80 on Wednesday, August 12, with a market capitalisation of approximately ₹1,396.50 crore. The scrip hit a 52-week high of ₹185.99 just a day earlier on August 11.On the corporate side, the company appointed Ankit Shah as its Chief Financial Officer and inducted Vivek Patel as a Non-Executive Independent Director. Shah, a Chartered Accountant, brings over 15 years of experience in M&A, restructuring and regulatory matters.RIR also secured its first overseas order, 120 units of 125mm 5kV SCR thyristors, and showcased railway power electronics solutions at RailTrans Expo 2026. The company additionally had two research papers selected at IEEE MWSCAS 2026, in collaboration with Silicon University, focused on Silicon Carbide semiconductor technology.Managing Director N Ramesh Kumar said the company would focus on sustaining profitable growth while expanding its semiconductor portfolio, particularly in Silicon Carbide technologies.Published on August 12, 2026
