RIR Power Electronics Limited submitted its standalone un-audited financial results for Q2 and H1 ended September 30, 2026, pursuant to Regulation 33 of SEBI Listing Regulations. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 26, 2026, which commenced at 4:30 PM and concluded at 6:30 PM. The statutory auditors, M/s. Kirtane & Pandit LLP, Chartered Accountants, issued a limited review report with no adverse findings.

Financial Performance - Quarter Ended September 30, 2026

  • Revenue from Operations: ₹3,398.07 lakhs (compared to ₹2,716.37 lakhs in Q1 FY27 and ₹2,564.45 lakhs in Q2 FY26)
  • Other Income: ₹161.34 lakhs
  • Total Income: ₹3,559.41 lakhs
  • Total Expenses: ₹3,005.49 lakhs, comprising:
  • Cost of Materials Consumed: ₹1,967.88 lakhs
  • Purchases of stock in trade: ₹154.05 lakhs
  • Changes in Inventories: ₹26.15 lakhs
  • Employee Benefits expenses: ₹504.97 lakhs
  • Finance Costs: ₹31.21 lakhs
  • Depreciation and amortisation: ₹38.95 lakhs
  • Other expenses: ₹282.27 lakhs
  • Profit Before Tax: ₹553.93 lakhs
  • Tax Expense: ₹109.17 lakhs (Current Tax: ₹122.91 lakhs, Deferred Tax: ₹(13.74) lakhs)
  • Profit for the Period: ₹444.76 lakhs
  • Other Comprehensive Income: ₹(8.87) lakhs
  • Total Comprehensive Income: ₹435.89 lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.56

Financial Performance - Half Year Ended September 30, 2026

  • Revenue from Operations: ₹6,114.44 lakhs (compared to ₹4,665.58 lakhs in H1 FY26 and ₹9,087.42 lakhs in FY26)
  • Other Income: ₹238.62 lakhs
  • Total Income: ₹6,353.06 lakhs
  • Total Expenses: ₹5,383.85 lakhs
  • Profit Before Tax: ₹969.21 lakhs
  • Tax Expense: ₹210.63 lakhs (Current Tax: ₹218.10 lakhs, Deferred Tax: ₹(7.47) lakhs)
  • Profit for the Period: ₹758.58 lakhs
  • Other Comprehensive Income: ₹(58.08) lakhs
  • Total Comprehensive Income: ₹700.50 lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.95

Balance Sheet Position as of September 30, 2026

  • Total Assets: ₹23,449.95 lakhs (compared to ₹21,788.08 lakhs as of March 31, 2026)
  • Non-Current Assets: ₹15,297.83 lakhs, including:
  • Property, Plant and Equipment: ₹1,040.83 lakhs
  • Capital Work-in-progress: ₹7,974.64 lakhs
  • Intangible Assets under Development: ₹5,563.97 lakhs
  • Right of Use Assets: ₹267.56 lakhs
  • Other Financial Assets: ₹450.69 lakhs
  • Deferred Tax Assets: ₹0.14 lakhs
  • Current Assets: ₹8,152.12 lakhs, including:
  • Inventories: ₹2,083.36 lakhs
  • Trade receivables: ₹2,669.18 lakhs
  • Cash and Cash equivalents: ₹260.01 lakhs
  • Bank balances other than above: ₹968.98 lakhs
  • Other Current Assets: ₹2,170.59 lakhs
  • Equity: ₹14,932.65 lakhs, comprising:
  • Equity Share Capital: ₹1,591.45 lakhs (Face Value of ₹2 each)
  • Other Equity: ₹13,341.20 lakhs
  • Non-Current Liabilities: ₹6,133.75 lakhs
  • Current Liabilities: ₹2,383.55 lakhs

Cash Flow Statement - Half Year Ended September 30, 2026

  • Net Cash from Operating Activities: ₹3,224.87 lakhs
  • Net Cash used in Investing Activities: ₹(3,507.98) lakhs (primarily expenditure on Property, Plant & Equipment & Intangible Assets: ₹3,554.47 lakhs)
  • Net Cash from Financing Activities: ₹479.26 lakhs (including receipt of Government Grant: ₹923.77 lakhs and repayment of Short Term Borrowings: ₹386.94 lakhs)
  • Net Increase in Cash and Cash Equivalents: ₹196.15 lakhs
  • Cash and Cash Equivalents at period end: ₹260.01 lakhs

Additional Notes

1. The company operates in one segment only - Power Electronics.

2. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).

3. Figures for previous periods have been re-grouped/re-arranged wherever necessary for comparability.