The document is a regulatory filing containing the complete transcript of RIR Power Electronics Limited's Q1 FY2026-27 Earnings Conference Call, held on August 13, 2026.
The event was an earnings conference call to discuss the company's financial performance for the quarter ended June 30, 2026, following the disclosure of financial results to stock exchanges.
Management participants included: Dr. Harshad Mehta (Non-Executive Chairman), Mr. N. Ramesh Kumar (Managing Director and Chief Executive Officer), and Mr. Ankit Shah (Chief Financial Officer). The call was moderated by Mr. Abhishek Sawant from Veritas Reputation.
The company discussed Q1 FY27 financial performance with revenue of ₹27.16 crores (29.3% YoY growth), EBITDA of ₹3.98 crores, and earnings per share of 39 paisa per share, representing an 80.6% profit growth.
A comprehensive operational update was provided on the Odisha semiconductor facility: Clean room construction for epitaxy is completed, power infrastructure (33 kV line) is operational with transformer charged, plant and machinery installation is under progress targeting completion by end-August/mid-September 2026, with epitaxy operations expected to commence by end of Q2 FY27.
The company announced its listing on NSE with trading commencing on July 16, 2026, appointment of Mr. Vivek Patel as Independent Director, and elevation of Mr. Ankit Shah to Chief Financial Officer.
Management provided forward-looking statements including: Targeting 3-4x revenue growth for core Halol business in FY27, expecting ₹12-15 crores revenue from Odisha epi wafer sales in H2 FY27, planning ₹100-120 crores CAPEX for phase 1 of Odisha plant in FY27, with total project CAPEX of ₹618 crores (₹225 crores phase 1, ₹395-400 crores phase 2).
The company indicated that bank loan facility of ₹70 crores is awaiting final sanction committee meeting approval expected in the next week.
Product development updates included work on optical triggering technology for high voltage applications (5kV to 8kV) and maintaining 8-10% R&D spending as a long-term strategy.
The company clarified that margin improvement in Q1 (EBITDA margins targeted at 15-17% long-term) was driven by 80-85% pass-through of input cost increases to customers and cost control measures.
Additional Notes Section
The document was filed as a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The transcript includes the complete Q&A session with analysts and investors covering operational details, growth strategy, product development, and facility updates.
The document represents a verbatim transcript of the earnings conference call without additional financial data beyond what was discussed in the call.
