| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 258 | 215 | +20.3% |
| EBITDA | 13.2 | 24.2 | −45.5% |
| EBITDA margin | 5.1% | 11.3% | −6.2 pts |
| Profit before tax | 11.6 | 18.1 | −35.8% |
| Net profit | 6.5 | 12.8 | −49.1% |
| EPS | ₹2.74 | ₹7.44 | −63.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,429 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3.9 | 3.9 | 0.3 | — | — | ||
| −2.8 | −2.8 | — | — | — | ||
| 237 | 237 | 159 | 129 | 105 | ||
| 3,659 | — | — | — | — | ||
| 1,043 | 999 | 655 | — | — | ||
| — | +52.5% | — | — | — | ||
| 73.1 | 84.1 | 70.3 | — | — | ||
| 7.0% | 8.4% | 10.7% | — | — | ||
| 57.3 | 70.2 | 61.8 | — | — | ||
| 32.3 | 38.6 | 37.1 | — | — | ||
| 3.1% | 3.9% | 5.7% | — | — | ||
| ₹12.12 | ₹13.10 | ₹10.80 | — | — | ||
| — | +21.3% | — | — | — | ||
| — | 85.8 | 35.6 | 33.9 | — | ||
| — | −97.4 | −22.7 | — | — | ||
| −11.6 | −11.6 | 12.9 | 33.9 | — | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,428.8 | |
| - Cash, Equiv & ST Investments | — | — | 0.3 | 3.9 | 3.9 | |
| + Minority Interest | — | — | — | -2.8 | -2.8 | |
| + Total Debt | 104.6 | 128.9 | 159.0 | 236.7 | 236.7 | |
| Enterprise Value | — | — | — | — | 3,658.8 | |
| Revenue | — | — | 655.4 | 999.1 | 1,042.8 | |
| Growth %, YoY | — | — | — | +52.5 | — | |
| EBITDA | — | — | 70.3 | 84.1 | 73.1 | |
| Margin % | — | — | 10.73 | 8.41 | 7.01 | |
| EBIT | — | — | 61.8 | 70.2 | 57.3 | |
| Net Income | — | — | 37.1 | 38.6 | 32.3 | |
| Margin % | — | — | 5.66 | 3.86 | 3.10 | |
| EPS, Adj (current shares) | — | — | 10.80 | 13.10 | 12.12 | |
| Growth %, YoY | — | — | — | +21.3 | — | |
| Cash from Operations | — | 33.9 | 35.6 | 85.8 | — | |
| Capital Expenditures | — | — | -22.7 | -97.4 | — | |
| Free Cash Flow | — | 33.9 | 12.9 | -11.6 | -11.6 | |
Prices at the previous close · figures from the company's filings with NSE
Hirect (NSE: HIRECT) had a market capitalisation of ₹3,429 crore at the previous close (₹997.60 a share), a PE ratio of 82.3 on the last four quarters' profit and a price-to-book ratio of 16.44. In FY26 its consolidated net profit attributable to shareholders was ₹45 crore on revenue of ₹999 crore; in Q1 FY27 (April–June 2026) it was ₹9.4 crore, down 26.2% year on year. Its debt-to-equity ratio was 1.15 on 31 March 2026. Promoters held 42.59% of the shares on 30 September 2026.
Hirect's PE ratio is 82.3 at the previous close (₹997.60 a share): a market capitalisation of ₹3,429 crore divided by consolidated net profit attributable to shareholders of ₹41.7 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹45 crore) it is 76.2.
Hirect's price-to-book (PB) ratio is 16.44 at the previous close: a market capitalisation of ₹3,429 crore divided by shareholders' equity (book value) of ₹209 crore on 31 March 2026. That is a book value of ₹60.68 per share against a share price of ₹997.60.
Hirect's net worth — shareholders' equity in its consolidated balance sheet — was ₹209 crore on 31 March 2026, up 30.5% from ₹160 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,429 crore at the previous close.
Hirect's market capitalisation was ₹3,429 crore at the previous close: 3.44 crore shares at ₹997.60 each.
Hirect's debt-to-equity ratio was 1.15 on 31 March 2026: borrowings of ₹237 crore against total equity of ₹206 crore. A year earlier, on 31 March 2025, it was 0.99.
Hirect's basic earnings per share (EPS) were ₹13.68 in FY26.
No. Hirect had borrowings of ₹237 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.15. Its cash and current investments were ₹5 crore, so its net debt was ₹232 crore.
Hirect's book value per share was ₹60.68 on 31 March 2026: shareholders' equity of ₹209 crore divided by the 3.44 crore shares in issue. The share price at the previous close was ₹997.60.
In FY26, Hirect generated ₹85.8 crore of cash from operations and spent ₹97.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹11.6 crore. In FY25 it was ₹12.9 crore.
In FY26, Hirect's return on equity (ROE) was 24.4% and its return on capital employed (ROCE) was 30.2%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
On 30 September 2026, Hirect's shares were held by promoters 42.59%, foreign portfolio investors (FII/FPI) 6.84%, domestic institutions (DII) 3.16% (including mutual funds at 3.06%) and retail and other non-institutional investors 47.40%. Over the year, FII holding was up 0.20 percentage points from 6.64% and DII holding was up 3.03 percentage points from 0.13%.
In FY26, Hirect earned net profit attributable to shareholders of ₹45 crore on revenue of ₹999 crore, against ₹118 crore on ₹1,913 crore for Pitti Engineering. Hirect's operating margin was 7.0% (Pitti Engineering 11.0%) and its return on equity 24.4% (Pitti Engineering 12.5%).
In 2026, Hirect has declared one dividend: ₹1.40 with record date 4 August 2026.
In FY26 (April 2025–March 2026), Hirect's consolidated net profit attributable to shareholders was ₹45 crore, up 21.3% from ₹37.1 crore in FY25, on revenue from operations of ₹999 crore (up 52.5%).
Hirect has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
Promoters held 42.59% of Hirect on 30 September 2026, down 1.33 percentage points from 43.92% the previous quarter and down 1.34 percentage points from 43.93% a year earlier, according to the shareholding pattern filed with NSE.
Hirect's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit attributable to shareholders ₹9.4 crore, down 26.2% from ₹12.8 crore in Q1 FY26; revenue from operations ₹258 crore, up 20.3% year on year.
On FY26 consolidated figures, against Pitti Engineering, DEE Development Engineers and Raymond: Hirect's operating margin of 7.0% is the third highest of the four (Pitti Engineering 11.0%, DEE Development Engineers 12.1%, Raymond 3.8%; peer average 8.9%); its return on equity of 24.4% is the second highest of the four (Pitti Engineering 12.5%, DEE Development Engineers 9.2%, Raymond 162.8%; peer average 61.5%).
From Hirect's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.