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RMC Switchgears Ltd received a Rs 23.64 Crore order from Maharashtra State Electricity Distribution Co. Ltd. The 5‑year contract covers design, supply and installation of off‑grid solar water‑pumping systems.
RMC Switchgears Ltd received a ₹23.64 crore order from MAHAVITRAN for off‑grid solar water‑pumping systems. The 5‑year contract will boost the company’s order book and revenue prospects.
RMC delivered FY26 consolidated revenue of ₹401.59 cr (26.4% YoY growth). Strategy shifting from pure EPC to high-margin technology-led solutions like PulseBox to improve profitability and working capital.
RMC reports 26.4% revenue growth but faces severe margin pressure from input costs and execution delays. Management is pivoting from pure growth to a technology-led solution model featuring their new Pulse Box IOT device.
RMC reports FY26 revenue of ₹401.6Cr (up 27% YoY) driven by Solar EPC (~52% topline). Management highlights a strategic shift from commodity enclosures to high-margin intelligent technology like PulseBox.
RMC Switchgears appointed Mr. Vikash Verma and Mr. Ojas Sethi as Senior Management Personnel. These appointments strengthen the company's financial leadership team.
RMC Switchgears appointed Mr. Vikash Verma as Deputy CFO and Mr. Ojas Sethi as Head of Finance. These senior-level additions strengthen the company's financial leadership team.
RMC Switchgears reported FY26 consolidated revenue of ₹401.59 Crore, up 26.40% YoY. The company achieved a strong Q4 turnaround with a net profit of ₹9.30 Crore.
RMC Switchgears reported zero deviation in utilizing ₹15.01 Crore raised through a preferential issue. The funds were fully deployed for corporate purposes and subsidiary investments.
RMC Switchgears Limited re-appointed DLS and Associates LLP as Internal Auditors and DEEPAK MITTAL & ASSOCIATES as Cost Auditors. Both appointments are for 12-month terms.
RMC Switchgears Ltd reported revenue from operations of ₹142.9 Cr (-13.8% YoY) and net profit of ₹9.3 Cr (-5.1% YoY) for Q4 FY26.
RMC Switchgears Limited reported audited standalone and consolidated financial results for the year ended March 31, 2026. The board also re-appointed internal and cost auditors.
RMC Switchgears submitted its annual Structured Digital Database compliance certificate for FY26. The auditor noted minor historical non-compliances which the company is addressing.
RMC Switchgears shareholders approved Mrs. Manisha Godara's appointment as Independent Director via postal ballot. The special resolution passed with a 99.99% majority.
RMC Switchgears scheduled a board meeting on May 29, 2026, to approve audited FY26 financial results. Trading window remains closed for designated persons until result declaration.