RIR Power Electronics FY26 Results: Profit Rs 7.93 Crore, Dividend Rs 0.10

Consolidated Net Profit for FY ended March 31, 2026: ₹7.93 crore
Consolidated Revenue for FY ended March 31, 2026: ₹90.87 crore

Reader Takeaway: Stable FY26 growth, but be mindful of one-time gains and grant recognition.

What just happened

RIR Power Electronics Limited announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a consolidated revenue of ₹90.87 crore and a consolidated net profit of ₹7.93 crore. On a standalone basis, revenue was ₹90.87 crore with a net profit of ₹6.64 crore.

Why this matters

The results indicate stable year-on-year growth for the company. Investors will be looking at the net profit, which saw a 3.93% increase to ₹7.93 crore from ₹7.63 crore in FY25. The board's recommendation of a ₹0.10 per equity share dividend and the appointment of an independent director are key governance and shareholder return points.

The backstory

For the fiscal year 2026, consolidated revenue grew by 5.41% to ₹90.87 crore compared to ₹86.21 crore in FY25. The net profit saw a 3.93% rise to ₹7.93 crore. The reported figures for FY26 include an exceptional item of ₹1.13 crore from the divestment of its subsidiary, Visicon Power Electronics Pvt Ltd.

What changes now

The company has sold its entire stake in Visicon Power Electronics Pvt Ltd effective July 26, 2025. This led to the recognition of an exceptional gain of ₹1.13 crore in the consolidated financials. Additionally, a government grant of ₹26.01 crore was received from the Odisha government, with ₹5.56 crore recognized as income in the current period.

Risks to watch

Investors should note that the reported profit for FY26 includes an exceptional gain from the subsidiary divestment and partial recognition of a government grant. The future performance will depend on the company's core operations, excluding these one-time items.

Peer comparison

(No peer comparison data available in the filing.)

Context metrics (time-bound)

• The Board recommended a final dividend of ₹0.10 per equity share (face value ₹2).
• Mr. Vijay Anant Chavan was appointed as an Additional Director (Non-Executive, Independent) for a 5-year term, effective May 29, 2026.
• The 'RIR Power Electronics Limited Employees Stock Ownership Plan - 2025' was approved, with 7.5 lakh stock options granted to the Managing Director. An expense of ₹0.37 crore was recognized.

What to track next

Investors should monitor the impact of the subsidiary divestment on future consolidated earnings, the utilization and recognition schedule of the government grant from Odisha, and the operational performance excluding exceptional items. Shareholder approval for the dividend at the upcoming AGM is also crucial.