Earnings Release | Q4 FY 2026

Mumbai, May 29, 2026: RIR Power Electronics Limited (BSE: 517035) announced its financial results for the quarter and financial year ended 31st March 2026 (Q4 FY26).

Financial Performance on standalone basis for FY26         

Latest Strategic Developments: .

• Update on SiC Semiconductor Plant at Bhubaneswar, Odisha: The Cleanroom construction is completed at the Odisha facility, and the plant and machinery installation is under progress and estimated to be completed by July end. Epitaxial wafer production is expected to be commissioned in the 2nd quarter of FY2027, reinforcing the company’s commitment to “Make in India” initiative and to strengthen the country’s semiconductor manufacturing ecosystem.
• New overseas order: RIR Power Electronics has won its first overseas order to supply 5 kV silicon-controlled rectifier (SCR) thyristors. The order is to be executed in phases with completion expected by the end of 2026, and it involves the supply of 125-mm press-pack SCR devices designed for high-power and high-current applications.

• Technical innovation: The company announced a major innovative milestone with the development of a 25 kV–120 kA capacitor discharge vertically integrated semiconductor switch, strengthening India’s high-power electronics capabilities. Designed for high-energy pulse power systems, the capacitor discharge switch can be deployed across a wide range of critical applications, including defense systems requiring controlled high-current pulses, advanced medical equipments, precision and selective directed energy technologies.

Management Comments: - .

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Dr. Harshad Mehta, Non-Executive Chairman, RIR Power Electronics Ltd ., said: “FY26 has been a transformative year for RIR Power Electronics, marked by focused investments in scale, efficiency, and customer relationships.

A key milestone was the development of a 25 kV–120 kA capacitor discharge semiconductor switch, strengthening India’s high-power electronics capabilities.

As we enter FY27, our focus remains on execution excellence, technological innovation, and value creation for all stakeholders. We are confident that we are well-positioned to play a leading role in India’s semiconductor ambitions while continuing to deliver profitable growth.”

Mr. N Ramesh Kumar, Managing Director and Chief Executive Officer at RIR Power Electronics Ltd., said “Our strong order backlog of ~ ₹ 17 crs reflects sustained demand for our products and the continued trust our clients have placed in our execution capabilities. This backlog not only provides us with predictable revenue visibility over the coming quarters but also reinforces the resilience of our business model across the market cycles. With this momentum, we are strategically positioned to convert order backlog into steady cash flows, strengthen operating leverage, and deliver consistent, profitable growth. Looking ahead, we remain focused on scaling responsibly, enhancing efficiencies, and creating sustainable value for all the stakeholders.”