NSEPress Release2d ago · 11 Aug 2026, 05:56 pm
Press Release
RIR Power Electronics Limited · RIR
✦ AI Summary▲ PositiveResults
RIR Power Electronics Limited has announced its unaudited standalone financial results for Q1 FY27, showing a 29.28% YoY increase in revenue and 80.59% YoY growth in PAT. The company has also made several strategic developments, including the appointment of new directors, listing on the National Stock Exchange, and expansion of its semiconductor portfolio.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
RIR Power Electronics Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "RIR Power Electronics Limited Announces Q1 FY27 Results".
Attachments (1)
📄pdf
Download →
RIRPOWER_11082026175559_Covering_Letter_-_Press_Release.pdf
View document text
Ref. RIR/SEC/13923/2026 11th August, 2026
Bombay Stock Exchange Limited The Manager – Listing Department
Corporate Relationship Department, National Stock Exchange of India Ltd.,
1st Floor, Rotunda Building, Exchange Plaza, C-1, G-Block,
P. J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai-400001 Mumbai - 400051
BSE SCRIP Code : 517035 NSE Symbol : RIR
Subject.: Submission of Press/ Earnings Release for Q1 FY27 Results
Dear Sir/Madam,
With reference to the above subject, please find enclosed herewith Press/ Earnings
Release on the subject “RIR Power Electronics Limited Announces Q1 FY27 Results.”
Kindly take the same on record.
Thanking you.
Yours faithfully,
For RIR POWER ELECTRONICS LIMITED
BHAVIN P RAMBHIA
COMPANY SECRETARY
Encl : a/a
Earnings Release | Q1 FY 2027
Earnings Release | Q1 FY 2027
RIR Power Electronics Limited Announces Q1 FY27 Results
Mumbai, August 11, 2026: RIR Power Electronics Limited (BSE: 517035, NSE: RIR) yesterday announced
its unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27).
Standalone Financial Performance for Q1 FY27 (Amount in ₹ crore, except EPS)
Performance Indicators Q1 FY27 Q1 FY26 YoY% Q4 FY26 QoQ%
Revenue 27.16 21.01 + 29.28% 23.95 + 13.42%
Adjusted EBITDA * 4.71 2.89 + 62.87% 2.46 + 90.89%
Adjusted EBITDA
17.32% 13.75% + 357 bps 10.29% + 703 bps
Margin *
PAT 3.14 1.74 + 80.59% 1.39 + 126.07%
PAT Margin 11.23% 8.14% + 309 bps 5.55% + 568 bps
Basic EPS per share
0.39 0.23 +71.47% 0.17 + 131.99%
(Not annualized) (in ₹)
*Adjusted EBITDA is before considering ESOP expenses of ₹ 0.72 crs in Q1 FY27 and ₹ 0.37 crs in Q4 FY26
Latest Strategic Developments:
• Appointment of Mr. Vivek Patel as the Non – Executive Independent Director: The Company
has strengthened its Board with the appointment of Mr. Vivek Patel as an Independent Director. With
over a decade of executive leadership experience spanning strategic management and corporate
governance, Mr. Patel brings expertise in areas such as institutional governance, policy oversight,
budgeting, risk management and long-term strategic planning.
• Appointment of Mr. Ankit Shah as the Chief Financial Officer: Mr. Ankit Shah has been elevated
and appointed as a Chief Financial Officer, bringing over 15 years of experience across transaction
advisory, corporate restructuring, M&A, taxation and regulatory matters. A Chartered Accountant, Mr.
Shah has worked with listed companies, multinational corporations and private equity clients across
manufacturing, technology, healthcare, pharmaceuticals, logistics and energy. He has been associated with
the Company for the past one and a half years as Financial Controller.
• Listed on the National Stock Exchange (NSE): The Company commenced trading on the National
Stock Exchange on 16 July 2026, marking a significant milestone in the company's growth journey. The
NSE listing is expected to enhance liquidity, broaden the investor base, improve price discovery, and
strengthen the company's visibility in the capital markets.
• Strengthening Semiconductor Innovation: The Company, in collaboration with Silicon University,
secured the selection of two research papers at IEEE MWSCAS 2026, reinforcing its commitment to
advancing Silicon Carbide (SiC) semiconductor research and fostering industry-academia collaboration
for next-generation power electronics applications.
Earnings Release | Q1 FY 2027
• Expanding Presence in the Railway Sector: The company showcased its latest railway power
electronics solutions at RailTrans Expo 2026. The event further strengthened RIR's engagement with
India's rapidly evolving railway infrastructure ecosystem.
• Global Business Expansion: Building on its recent momentum, the Company continues to strengthen
its international footprint following its first overseas order for 120 units of 125 mm 5kV SCR thyristors,
reinforcing the global competitiveness of its semiconductor products.
Management Comments:
Dr. Harshad Mehta, Non-Executive Chairman, said “The first quarter of FY2026-27 has been a defining
period for RIR Power Electronics as we continued to strengthen our position in India's power semiconductor ecosystem.
Our successful listing on the National Stock Exchange marks an important milestone in our growth journey, enhancing
our visibility among investors while reinforcing our commitment to creating long-term stakeholder value. We remain
focused on expanding our advanced semiconductor portfolio, driving innovation in Silicon Carbide (SiC) technologies,
and strengthening our presence across strategic sectors such as electric mobility, renewable energy, industrial
automation, railways, and power infrastructure. As India's semiconductor and clean energy ecosystems continue to
evolve, we are well-positioned to capitalize on emerging opportunities through technology-led growth, operational
excellence, and strategic partnerships.”
Mr. N Ramesh Kumar, Managing Director and Chief Executive Officer, said “We have started FY27
on a strong note, with revenue growing 29.2% year-on-year to ₹27.16 crore along with an 80.5% growth in PAT,
reflects the continued improvement in our operating performance and profitability. Going forward, our focus will
remain on sustaining profitable growth while expanding our advanced semiconductor portfolio, particularly in Silicon
Carbide technologies, and strengthening our presence across various critical sectors. Our recent NSE listing, first
overseas order and growing industry engagement provides a strong platform to expand our market presence. We
remain committed to building a globally competitive power semiconductor business through technology, operational
excellence and customer-focused execution.”
About RIR Power Electronics Limited :
RIR Power Electronics Limited (BSE: 517035, NSE: RIR) is a global pioneer in high-power semiconductor
solutions, driving innovation and energy efficiency. Its portfolio of high-performance semiconductor devices,
assemblies, and energy management systems enables customers to address the evolving demands of modern
energy systems. The company's innovative products and solutions empower energy performance at the
highest level in both existing and emerging applications. Trusted worldwide for reliability and performance,
RIR stands at the forefront of sustainable energy innovation, powering progress, one breakthrough at a time.
For more information, visit RIR website at www.rirpowersemi.com.
Contact details:
Investor relations
Abhishek Savant Ketan Netawate
Veritas Reputation PR Pvt Ltd Veritas Reputation PR Pvt Ltd
abhishek@veritasreputation.com ketan.netawate@veritasreputation.com
+91 810 88488 22 +91 88570 92518