BSECompany Update2d ago · 18 Aug 2026, 10:48 am
Please find attached herewith a copy of the Conference Call transcript in respect of Q1FY2026-27 Earnings/Conference call meeting of the Company dated 13th August, 2026.
RIR Power Electronics Ltd · 517035
✦ AI SummaryResults
RIR Power Electronics Ltd has announced its Q1 FY2026-27 earnings, with revenue growing 29.3% YoY to Rs. 27.16 crores, and EBITDA at 3.98 crores. The company has made progress on its Odisha facility, with clean room construction completed for epitaxy and infrastructure for power supply completed. The company has also listed on NSE, expected to enhance liquidity and broaden investor base.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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RIR Power Electronics Ltd - 517035 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Ref.RIR/SEC/13928/2026 18th 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.: Transcript of Q1 FY2026-27 Earnings/Conference call meeting
Ref: Disclosure under Reg.30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
Please find attached herewith a copy of the Conference Call transcript in respect of
Q1FY2026-27 Earnings/Conference call meeting of the Company dated 13th August, 2026.
This is for your information and record.
Thanking you.
Yours faithfully,
For RIR Power Electronics Limited
Bhavin P Rambhia
Company Secretary
Encls : a/a
“RIR Power Electronics Limited Q1 FY'27 Earnings
Conference Call”
August 13, 2026
MANAGEMENT: DR. HARSHAD MEHTA - NON-EXECUTIVE CHAIRMAN
MR. N. RAMESH KUMAR - MANAGING DIRECTOR AND
CHIEF EXECUTIVE OFFICER
MR. ANKIT SHAH - CHIEF FINANCIAL OFFICER
MODERATOR: MR. ABHISHEK SAWANT - VERITAS REPUTATION
Page 1 of 13
RIR Power Electronics Limited
August 13, 2026
Moderator: Ladies and gentlemen, good day and welcome to RIR Power Electronics Limited Q1 FY'27
Earnings Conference Call hosted by Veritas Reputation.
As a reminder, all participant lines will be in the listen-only mode and there will be an
opportunity for you to ask questions after the presentation concludes. Should you need assistance
during this conference call, please signal an operator by pressing “*” then “0” on your touch-
tone phone. Please note that this conference is being recorded.
I now hand the conference over to Mr. Abhishek Sawant from Veritas Reputation. Thank you
and over to you, sir.
Abhishek Sawant: Thank you, Nirav, and good morning, everyone. On behalf of RIR Power Electronics, I extend
a warm welcome to all participants joining us for the Q1 FY'27 Earnings Conference Call.
We appreciate your time and interest in joining us today to discuss the company's performance
for the quarter ended June 30th, 2026. We truly value your continued interest and support.
As you are aware, the Financial Results for Q1 FY'27 have already been disclosed to the stock
exchanges and are also available on our website. Accordingly, today's session is designed to
provide deeper insights into our operational progress, industry outlook, and the company's long-
term value creation.
Following the opening remarks by our management, we will open the floor for a quick Q&A
session. Kindly keep your questions concise and relevant to allow broader participation. Before
we begin, I would like to remind you that some of the statements made in today's discussion may
be forward-looking in nature. These are based on the company's current expectations and subject
to various risks and uncertainties that could cause actual results and outcomes to differ
materially.
Joining us on the call today are Dr. Harshad Mehta – Non-Executive Chairman, Mr. N. Ramesh
Kumar – Managing Director and Chief Executive Officer, Mr. Ankit Shah – Chief Financial
Officer.
With that, I would like to hand over the call to our Managing Director and Chief Executive
Officer for the update on financial performance and overlook. I would like to clarify that we are
discussing the historical numbers. Please do note that anything said on this call that reflects the
outlook towards the future would be constructed as a forward-looking statement.
Having said that, we would like to take you through the Q&A results. Over to you, sir.
N. Ramesh Kumar: Good morning, everyone. Once again, I thank you all for joining us today for RIR Power's Q1
FY'27 Earnings Call. My name is Ramesh Kumar. I am the Managing Director and Chief
Executive Officer, and it is my pleasure to walk you through the company's performance for the
Page 2 of 13
RIR Power Electronics Limited
August 13, 2026
quarter ended June 30, 2026, followed by the key operational updates and the outlook going
forward.
We started Q1 FY'27 on a very strong note, with revenue growing by 29.3% year-on-year to Rs.
27.16 crores, along with an 80.6% growth impact, reflecting the continued improvement in our
operating performance and profitability. EBITDA for the quarter came in at 3.98 crores.
Earnings per share for the quarter stood at 39 paisa per share.
In terms of operations, we continue to make steady progress across our key initiatives.
Update on our Odisha facility:
With respect to our upcoming facility in Odisha project is in two phases. Phase one consists of
epitaxy and packaging, and phase two is fabrication. The clean room construction is completed
for epitaxy. Infrastructure for sourcing the power supply through 33 kV line has been completed.
Further, the transformer is also charged yesterday by the authorities, and we will be able to draw
the power in next 1 or 2 days. The plant and machinery installation is under progress and
estimated to be completed by end of this month or mid-September. We expect to commence
epitaxy operations in the end of second quarter FY'27. With respect to the revenue from Odisha
plant, we will be selling epi wafers to fabricators outside India, and also getting SiC devices
manufactured will be outsourced with the epi wafer for validation and revenue generation in
FY'27.
So, other updates going forward:
We continue to make steady progress across many other key initiatives. Some of them include
the listing of RIR Power Electronics on NSE with the trading having commenced on 16th July
2026. This listing on NSE is expected to enhance our liquidity, broaden the investor base,
improve price discovery, and strengthen the company's visibility in the capital markets. The
company has strengthened its board with an appointment of Mr. Vivek Patel as an Independent
Director. He brings expertise in areas such as institutional governance, policy oversight,
budgeting, risk management, and long-term strategic planning. Mr. Ankit Shah, Chartered
Accountant, who has been associated with RIR Power for the past 1-1/2 years as a Financial
Controller, has been elevated and appointed as a Chief Financial Officer.
Also building on its recent momentum, RIR continues to strengthen its international footprint
following its first overseas order for 120 numbers of 125 mm 5 kV SCR thyristors, reinforcing
our competitiveness in the semiconductor products. We have also manufactured high-power
semiconductors like 5 kV to 8 kV press-pack SCR thyristors, high-voltage modules, and silicon
carbide devices. These components drive critical defense applications, pulse power systems, and
high-voltage direct current transmission infrastructures by managing immense surge in current
and high-voltage blocks. The company showcased its latest railway power electronic solution at
RailTrans Expo 2026. The event further strengthened RIR's engagement with India's rapidly
evolving railway infrastructure ecosystem. Thank you. Over to Abhishek.
Page 3 of 13
RIR Power Electronics Limited
August 13, 2026
Abhishek Sawant: Thank you, Mr. Ramesh Kumar, for sharing the summary of the quarterly results and updates
on other operational and development matters. I would now like to hand over the call to Dr.
Harshad Mehta for his comments on the results. So, over to you, sir.
Harshad Mehta: Thank you, Abhishekji and Rameshji. Good morning, everyone. I am adding my personal
welcome to all of you and thank you for your support as well as time.
The first quarter of FY'27 has been a defining period for RIR Power Electronics as we continue
to strengthen our position in India's power semiconductor ecosystem. Our successful listing on
NSE marks an important milestone in our growth journey, enhancing our visibility among
investors while reinforcing our commitment to creating long-term value for shareholders. We
remain focused on expanding our advanced semiconductor
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