Hirect Limited

Hirect Limited (HIRECT) is a micro-cap Capital Goods company valued at ₹3,958 crore operating in Industrial Products on the NSE and BSE.

Recent price move

Hirect Limited last traded at ₹1,116, modestly up 1.94% on the day.

Recent developments

2026-07-27: Hirect secured its first major railway orders worth ₹120 crore for Vande Metro and MEMU systems, marking a significant step into next-generation railway technology.

Financial performance

The company's business has grown significantly, with annual revenue rising 52.5% year-over-year. However, the latest quarter showed a sharp drop in net profit, falling 49.1% compared to the same quarter a year earlier, while revenue increased by 20.3%. The net profit margin has also declined, narrowing by 1.8 percentage points to 3.9%.

Valuation multiples

The stock trades at 81.6 times earnings, 14.35 times book value. It yields 0.1%.

Things to watch

The company's latest quarter net profit fell sharply, indicating potential challenges in maintaining profitability. The net profit margin has also declined, which could signal pressure on profitability. The stock is currently 19.7% below its 52-week high, reflecting a recent pullback from its peak.

Where it stands

Hirect Limited has shown strong revenue growth over the past five years, with a 48.6% profit CAGR, but recent quarterly results show a decline in net profit. The company's recent railway orders may signal growth potential, but the sharp drop in profitability and the stock's distance from its 52-week high highlight key risks.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.