RIR Power Electronics Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

RIR Power Electronics Ltd trades at ₹173, in a downtrend and 12 weeks into that stage. That is −24.2% against its own 200-day average. It sits at 0% of a 52-week range of ₹173 to ₹358. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (16 weeks and counting).

Today the stock is in a downtrend — week 12 of stage 4, confirmed. At ₹173 it trades −24.2% versus its 200-day average and sits at 0% of its 52-week range (₹173–₹358).

Against the market, two honest reads. Cumulative: over the last 10.0 years the stock moved +8,042% while the NIFTY 500 moved +250% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (16 weeks and counting; last ahead the week of 2025-11-14) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 51st percentile of its own range.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

RIR Power Electronics Ltd trades at 150.0× P/E, mid-range by its own standards (51st percentile). Its long-run median P/E is 148.3×, measured across 3.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 150.0× is mid-range by its own standards (51st percentile), against a long-run median of 148.3× measured over 3.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved −2.0% against a +5.2% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 3y, of the +75.5%/yr price move, ~+10.8%/yr came from earnings growth and ~+64.7 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

Stage: Improving Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

RIR Power Electronics Ltd reads as improving on its fundamental arc. Improving — profit growth bottomed 7 quarters ago at −18.7% and has held its recovery at +195.8% (single-quarter readings), ROCE holding at 11.0%. The read is built from 9 quarters across 3 curves, on partial evidence.

Why it matters: a sustained climb off the trough is the setup this page is built to catch — the question moves to what you pay for it.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

4-Factor Sector Score

No sector-relative score — RIR Power Electronics Ltd is not present in the sector comparison for Electronics - Equipment/Components.

The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.

Revenue Revenue is the top line: everything the company billed its customers in the period.

RIR Power Electronics Ltd reported ₹25.6 Cr of revenue in the Sep 25 quarter, +36.2% year on year. Over 4 years it has compounded at 30.1% a year. The last full year, FY25, came in at ₹86.0 Cr. The last four reported quarters add to ₹93.0 Cr.

RIR Power Electronics Ltd reported ₹25.6 Cr of revenue in the Sep 25 quarter, +36.2% year on year. Over 4 years it has compounded at 30.1% a year. The last full year, FY25, came in at ₹86.0 Cr. The last four reported quarters add to ₹93.0 Cr.

FY25 revenue came in at ₹86.0 Cr (+28.4% on the year), capping 4 years at 30.1% compound. The latest quarter (Sep 25) printed ₹25.6 Cr, +36.2% year on year.

Pace check: the last four quarters averaged +23.4% growth against the decade's 30.1% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +22.1% over the last 4 quarters against +23.7%/yr over the last 8 — stabilising; TTM profit +31.5% vs +29.1%/yr — stabilising.

→ Revenue grew — did margins hold as it scaled? Next: 17.0% this quarter (+4.7 pp YoY).

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

RIR Power Electronics Ltd's operating margin is 17.0% in the Sep 25 quarter, +4.7 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 10.0% to 15.0%. The current quarter is running above every full year in that window.

RIR Power Electronics Ltd's operating margin is 17.0% in the Sep 25 quarter, +4.7 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 10.0% to 15.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 17.0%, +4.7 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 10.0%–15.0%.

Why the margin moved: operating margin went +4.7 pp year on year while gross margin went +3.0 pp — the gain came mostly from the gross line: input costs and pricing.

→ Margins held — did that reach the bottom line? Next: profit +195.8% in the latest quarter.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

RIR Power Electronics Ltd earned ₹4.2 Cr of net profit in the Sep 25 quarter, +195.8% year on year. Full-year FY25 profit was ₹8.0 Cr. The 4-year compound rate is 68.2%. That is 16.5% of the quarter's revenue. The same quarter a year earlier earned ₹1.4 Cr.

RIR Power Electronics Ltd earned ₹4.2 Cr of net profit in the Sep 25 quarter, +195.8% year on year. Full-year FY25 profit was ₹8.0 Cr. The 4-year compound rate is 68.2%. That is 16.5% of the quarter's revenue. The same quarter a year earlier earned ₹1.4 Cr.

Sep 25 profit was ₹4.2 Cr, +195.8% year on year. On the full year, FY25 printed ₹8.0 Cr (+14.3%), and the 4-year compound rate is 68.2%.

Why profit moved: revenue contributed +36.2% and the margin +4.7 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +49.3% vs revenue +23.4%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 19% of the last 3 years' profit arrived as cash.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 19% of RIR Power Electronics Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹1.0 Cr of operating cash against ₹8.0 Cr of profit. After ₹50.0 Cr of capital spending, ₹−49.0 Cr was left as free cash.

FY25: operating cash of ₹1.0 Cr against reported profit of ₹8.0 Cr, leaving free cash of ₹−49.0 Cr after ₹50.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 19% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

🚨 Why conversion sits at 19%: the cash cycle tightened 123 days between FY21 and FY25 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 19.3× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹58.0 Cr of building over 3 years.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

RIR Power Electronics Ltd's cash conversion cycle runs 161 days in FY25, down from 284 days in FY21. Capital spending ran ₹58.0 Cr over the last 3 years. At FY25 sales of ₹86.0 Cr each day of that cycle holds about ₹0.2 Cr, so roughly ₹38.0 Cr sits inside the business at any moment.

FY25: debtors at 112 days, inventory at 126 days — roughly 4.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 161 days, tighter than FY21's 284.

The full loop: cash goes out to suppliers and production on day 0; stock waits 126 days to sell; customers pay about 112 days after that; and suppliers themselves are paid at 77 days — netting out to the 161-day cycle.

In money terms: at FY25 sales of ₹86.0 Cr, each day of the cycle holds about ₹0.2 Cr — so the 161-day loop keeps roughly ₹38.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹58.0 Cr over the last 3 fiscal years against ₹3.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹71.0 Cr (FY25) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 11%.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

RIR Power Electronics Ltd earns a ROCE of 11% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 9.3% net margin on 0.57× asset turns.

FY25 ROCE is 11%.

Why the return is what it is — the wiring (FY25): 9.3% net margin × 0.57× asset turns × 1.32× balance-sheet leverage ≈ 7.0% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.18.

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

RIR Power Electronics Ltd carries total debt of ₹14.0 Cr against shareholder equity of ₹139 Cr as of Mar 26, a debt-to-equity of 0.10 — effectively unlevered. On the annual view that ratio went from 1.12 in FY22 to 0.10 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.

Mar 26: total debt of ₹14.0 Cr against shareholder equity of ₹139 Cr — a debt-to-equity of 0.10. On the annual view, debt-to-equity went from 1.12 (FY22) to 0.10 (FY26). The returns on this page are earned, not borrowed.

→ Who owns this, and are they adding or leaving? Next: Promoters cut 11.8 points over 8 quarters.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 11.8 points of RIR Power Electronics Ltd over 8 quarters, the biggest move on the register. That takes promoters to 58.7% of the company. Foreign institutions moved +9.9 points over the same window, to 9.9%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −11.8 points over 8 quarters to 58.7%; Foreign institutions: +9.9 points over 8 quarters to 9.9%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.

🚨 Why the register moved: promoters drove it (−11.8 points), absorbed on the other side by foreign institutions (+9.9 points) — distribution into the market’s bid.

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

RIR Power Electronics Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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