Standalone Financial Performance for Q1 FY27

Key Financial Metrics (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 Margin* | 17.32% | 13.75% | +357 bps | 10.29% | +703 bps |

| 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 (Not annualized) (in ₹) | 0.39 | 0.23 | +71.47% | 0.17 | +131.99% |

*Adjusted EBITDA is before considering ESOP expenses of ₹0.72 crore in Q1 FY27 and ₹0.37 crore in Q4 FY26

Financial Performance Analysis

Revenue Growth: The company reported strong revenue growth of 29.28% year-on-year to ₹27.16 crore from ₹21.01 crore in Q1 FY26, and 13.42% quarter-on-quarter growth from ₹23.95 crore in Q4 FY26.

Profitability Expansion: Adjusted EBITDA showed significant improvement, increasing 62.87% YoY to ₹4.71 crore from ₹2.89 crore, with margins expanding by 357 basis points to 17.32%. Quarter-on-quarter, EBITDA grew 90.89% from ₹2.46 crore with margin expansion of 703 basis points.

Net Profit: PAT surged 80.59% YoY to ₹3.14 crore from ₹1.74 crore, and increased 126.07% QoQ from ₹1.39 crore. PAT margins expanded by 309 basis points YoY to 11.23% and 568 basis points QoQ.

Earnings Per Share: Basic EPS increased 71.47% YoY to ₹0.39 from ₹0.23, and 131.99% QoQ from ₹0.17.

Latest Strategic Developments

Management Appointments

  • Mr. Vivek Patel appointed as Non-Executive Independent Director, bringing over a decade of executive leadership experience in strategic management, corporate governance, institutional governance, policy oversight, budgeting, and risk management.
  • Mr. Ankit Shah elevated and appointed as Chief Financial Officer, bringing over 15 years of experience across transaction advisory, corporate restructuring, M&A, taxation, and regulatory matters. He is a Chartered Accountant who 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.

Capital Markets Development

  • The Company commenced trading on the National Stock Exchange on July 16, 2026, which is expected to enhance liquidity, broaden the investor base, improve price discovery, and strengthen the company's visibility in the capital markets.

Technology and 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.

Market Expansion

  • Railway Sector: The company showcased its latest railway power electronics solutions at RailTrans Expo 2026, strengthening engagement with India's rapidly evolving railway infrastructure ecosystem.
  • Global Expansion: 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 Commentary

Dr. Harshad Mehta, Non-Executive Chairman

"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

"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."