The shares of the prominent semiconductor company hit 5 percent upper circuit in today’s trading session after the company announced a collaboration with Pro Asia Semiconductor Corporation, Taiwan.
With a market capitalization of Rs 2,204.97 crore, the shares of RIR Power Electronics Ltd were trading at Rs 2,873.40 per share, increasing around 4.97 percent as compared to the previous closing price of Rs 2,737.05 apiece.
The shares of RIR Power Electronics Ltd have seen positive movement after announcing a collaboration with Pro Asia Semiconductor Corporation, Taiwan, for the manufacturing expansion of 1200V Silicon Carbide (SiC) Diodes. This move strengthens global supply capabilities, enhances market access in Southeast Asia, and supports growing demand from Indian, U.S., and regional customers.
Furthermore, the company has already received purchase orders from Richardson Electronics (USA) and Ankit Plastics (India), key suppliers to the commercial, industrial, and defence sectors.
Additionally, RIR Power’s milestone supports the Make in India initiative by strengthening the domestic semiconductor supply chain and reducing import dependence for defence tech. Its upcoming ₹618 crore SiC facility in Odisha will boost local manufacturing, create jobs, and advance India’s goal of becoming a global electronics leader.
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“This achievement marks a significant leap for RIR’s power electronics manufacturing capabilities and helps to expedite the ramp up and shipment of SiC devices on 6-Inch wafers from RIR’s proposed Odisha Fab,” said Dr. Harshad Mehta, Chairman & Director, RIR Power Electronics Ltd. “By successfully scaling up world-class SiC technology, RIR Power is positioned to serve global high-growth markets including automotive, industrial, renewable energy, and defence, while strengthening the domestic semiconductor ecosystem.”
Looking forward to the company’s financial performance, revenue increased by 22 percent from Rs 21.57 crore in Q4FY24 to Rs 26.46 crore in Q4FY25. Further, during the same time frame, net profit decreased by 14 percent from Rs 2.97 crore to Rs 2.55 crore
RIR Power expects SiC EBITDA margins of 25–28 percent, supported by robust R&D investment at around 10 percent of revenue. The company focuses on innovation across the aerospace, defence, and railway sectors. High entry barriers stem from its deep technological expertise, reliability standards, and specialized application knowledge.
RIR Power Electronics Ltd., formerly Ruttonsha International Rectifier Ltd., is a global semiconductor company. The Company is engaged in developing and delivering products and solutions for its partners and customers across the entire power electronics ecosystem.
Written by Abhishek Singh
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