Semiconductor Stock Jumps 8% After Receiving International Order for SCR Thyristors

Synopsis: An Indian semiconductor company has secured a notable international order, marking a strategic step in its global expansion plans while strengthening its position in advanced high-power electronics manufacturing. 

The shares of this small cap company majorly engaged in manufacturing  of traditional semiconductor devices such as bridges, power modules, diodes , rectifiers and thyristors were in focus after securing its first ever international order 

With the market capitalization of Rs. 1472 Crores, the shares of RIR Power Electronics Ltd reached an intraday high of Rs. 194.90 per share rising over 8 percent from its previous day close of 179.65 per share and is trading at a P/E of 161 whereas industry P/E stands at 28.9 

What is the NEWS

RIR Power Electronics Limited has secured its first overseas order for 120 units of its 125mm 5kV SCR thyristors, a development that marks an important milestone in the company’s global growth journey. The order, received from a leading Class I Electrical EPC contractor involved in turnkey electrification projects for industries and power plants worldwide, highlights increasing international confidence in RIR Power’s high-power semiconductor capabilities. 

The company stated that the supply execution for the first phase is expected to be completed by the end of 2026. Its 125mm 5kV SCR thyristors are specifically designed to handle extremely high peak currents and high di/dt pulses over short durations, making them suitable for demanding applications such as HVDC transmission valves, Static VAR Compensators, medium-voltage soft starters, traction systems, defense systems, and high-power rectifiers. 

Management also emphasized that this is among the largest single orders received for its pulse power thyristor range and indicated expectations of further opportunities from global EPC players. Alongside expanding its international footprint, the company is also establishing a state-of-the-art Silicon Carbide (SiC) semiconductor manufacturing facility in Odisha, aimed at strengthening India’s domestic semiconductor ecosystem and enhancing high-power electronics manufacturing capabilities. 

About the company and Financials

RIR Power Electronics Limited is an Indian power semiconductor company specializing in high-power semiconductor devices, assemblies, and energy management systems. With over five decades of industry experience, the company serves sectors such as power transmission, railways, defense, renewable energy, and industrial infrastructure. 

Its portfolio includes press-pack thyristors, SCRs, diodes, and Silicon Carbide (SiC)-based semiconductor solutions designed for high-current and high-reliability applications. RIR Power is also setting up a state-of-the-art SiC semiconductor manufacturing facility in Odisha to strengthen India’s domestic semiconductor ecosystem. 

Year on Year analysis: Revenue from operations has increased from Rs. 20.3 Crores to Rs. 20.7 Crores, up 1.9 percent. Operating profit has decreased from Rs. 2.1 Crores to Rs. 0.9 Crores, down 57 percent and net profit has decreased from Rs. 1.4 Crores to Rs. 0.4 Crores, down 71 percent 

Quarter on Quarter analysis: Revenue from operations has decreased from Rs. 26.3 Crores to Rs. 20.7 Crores, down  21 percent. Operating profit has decreased from Rs. 4.4 Crores to Rs. 0.9 Crores, down 79 percent and net profit has decreased from Rs. 3.2 Crores to Rs. 0.4 Crores, down 87 percent 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Semiconductor Stock Jumps 8% After Receiving International Order for SCR Thyristors appeared first on Trade Brains.