| Revenue growth | 26.4% YoY growth to ₹401.6 cr for FY26. |
|---|---|
| Margins | Compressed by solar module costs and aluminum/silver price spikes. |
| Order book | ₹850 cr+ unexecuted order book; ₹1500 cr tender pipeline. |
| Demand visibility | Strong visibility from India's power distribution network modernization and RDSS schemes. |
| Management confidence | Candid about H2 challenges; optimistic about technology-led differentiation. |
Growth
Revenue reached ₹401.6 cr, up 26.4%, though H2 profitability was hit by rainfall and supply chain disruptions.
Outlook
Order book stands at ₹850 cr+ with a ₹1500 cr tender pipeline targeting ₹5000 cr revenue by FY30.
Risks
High trade receivables (₹205 cr), negative operating cash flows, and dependency on slow government (B2G) payment cycles.
Earnings Call filed with NSE, NSE: RMC. Summary written with AI assistance from the document.
RMC Switchgears Ltd: key numbers
- Share price
- ₹174.20
- Market cap
- ₹184.3 Cr
- Revenue (annual)
- ₹401.6 Cr
- Net profit (annual)
- ₹22.32 Cr
- P/E (TTM)
- 9.3×Sector 44.3×
- Promoter holding
- 51.94%-0.03% QoQ
- FII holding
- 2.06%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from RMC Switchgears Ltd
All →RMC Switchgears Bags ₹3.94 Cr Order from M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.
RMC Switchgears won a ₹3.94 Crore LOA from MP Poorv Kshetra Vidhyut Vitraran for LT distribution boxes. Execution is due over 36 months.
- Value
- ₹3.94 Cr
- From
- M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.
- Execution
- 36 Months
RMC Switchgears Board Meeting Date
RMC Switchgears will hold a board meeting on 14 November 2026 to consider unaudited standalone and consolidated half-year results ended September 2026. Trading window is closed until 48 hours after results declaration.
RMC Switchgears Management Change
RMC Switchgears Limited has appointed Mr. Dilip Panjwani as an Independent Director. This appointment was approved by shareholders through a postal ballot.
RMC Switchgears Annual General Meeting
RMC Switchgears Limited announced postal ballot voting results, approving the purchase of industrial land from a related party and the appointment of an Independent Director.
RMC Switchgears Other Announcement
RMC Switchgears Ltd has filed its quarterly shareholding pattern as mandated under SEBI regulations. The disclosure provides details on promoter and public shareholding for the quarter.
RMC Switchgears Fund Raise of ₹30 Cr
RMC Switchgears' Board approved a rights issue of up to ₹30 Crore to equity shareholders. Specific terms including price and record date to be determined later.
- Value
- ₹30.00 Cr