RIR POWER ELECTRONICS L

RIR Power Electronics Limited reported a strong performance for Q1 FY'27, with revenue increasing by 29.3% year-on-year to Rs. 27.16 crores and an EBITDA of Rs. 3.98 crores. Management highlighted progress on the Odisha facility, with clean room construction completed and power supply infrastructure ready, aiming to commence epitaxy operations by the end of Q2 FY'27. The company also listed on the NSE, enhancing liquidity and visibility. Management noted the appointment of new board members and emphasized ongoing efforts to expand their product portfolio, particularly in high-power devices. They discussed the impact of geopolitical issues on costs and pricing, indicating a focus on maintaining EBITDA margins. The company anticipates revenue from the Odisha plant to range between Rs. 12 crores to Rs. 15 crores for the second half of FY'27. Overall, management expressed confidence in their operational strategies and market positioning.

Management emphasized strong growth and operational progress.