RMC Switchgears Ltd

₹ 750 -1.84%

08 Sep - close price

About

Incorporated in 1994, RMC Switchgears Ltd is in the business of Switchgear Engineering, ECI contracts for power distribution/ transmission sector^[1]

Key Points

Business Overview:^[1]^[2]
RMCSL is an ISO certified company researching, designing, and manufacturing electronic smart energy meter enclosures, distribution boxes & panels, and other electrical safety & distribution equipment. With equipment made of plastics, fibre reinforced plastics, and sheet metals, RMC Switchgears also offers end-to-end solutions, including Engineering, Procurement, and Construction

Website BSE

Market Cap ₹ 790 Cr.
Current Price ₹ 750
High / Low ₹ 1,214 / 518
Stock P/E 25.1
Book Value ₹ 102
Dividend Yield 0.03 %
ROCE 37.2 %
ROE 37.6 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Stock is trading at 7.38 times its book value
Company has high debtors of 170 days.
Promoter holding has decreased over last 3 years: -4.20%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Electrical Equipment Other Electrical Equipment

Edit Columns

Loading peers table ...

Detailed Comparison with:

Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025
	67	87	85	105	213
	55	67	71	85	180
Operating Profit	12	20	14	20	33
OPM %	18%	23%	16%	19%	16%
	0	-2	1	0	1
Interest	3	5	4	4	5
Depreciation	1	1	1	1	2
Profit before tax	8	12	9	15	28
Tax %	32%	35%	24%	32%	23%
	6	8	7	10	21
EPS in Rs	5.44	7.83	6.63	9.83	20.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2023	Mar 2024	Mar 2025
	83	132	125	172	318
	74	119	99	138	265
Operating Profit	9	13	26	34	53
OPM %	11%	10%	21%	20%	17%
	1	1	0	-1	1
Interest	5	6	7	9	9
Depreciation	2	2	3	3	3
Profit before tax	3	5	17	21	43
Tax %	16%	26%	31%	30%	26%
	3	4	12	15	31
EPS in Rs	2.77	4.12	11.40	14.44	29.88
Dividend Payout %	0%	0%	0%	1%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	85%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	93%

Stock Price CAGR
10 Years:	%
5 Years:	139%
3 Years:	177%
1 Year:	-25%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	38%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2023	Mar 2024	Mar 2025
Equity Capital	6	6	7	10	11
Reserves	17	21	39	50	96
	37	41	46	50	59
	21	38	24	45	103
Total Liabilities	82	106	117	155	269
	24	29	30	28	30
CWIP	5	0	0	0	8
Investments	0	0	0	0	0
	52	77	87	128	232
Total Assets	82	106	117	155	269

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2023	Mar 2024	Mar 2025
	0	3	-0	8	16
	-4	2	-3	-1	-23
	2	-4	4	-5	15
Net Cash Flow	-1	1	0	2	8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2023	Mar 2024	Mar 2025
Debtor Days	147	140	166	194	170
Inventory Days	61	54	43	39	33
Days Payable	137	145	56	73	124
Cash Conversion Cycle	72	49	154	160	79
Working Capital Days	44	49	95	99	75
ROCE %		18%		32%	37%

Shareholding Pattern

Numbers in percentages

2 Recently

	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Oct 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025
	56.27%	56.27%	56.27%	56.27%	55.60%	52.93%	52.93%	52.93%	52.93%	52.93%	52.18%	52.07%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.74%	0.74%	2.69%	3.38%	3.88%	5.05%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.75%	0.77%	0.83%	0.91%	0.88%	0.80%
	43.73%	43.73%	43.73%	43.73%	44.40%	47.07%	45.59%	45.55%	43.55%	42.77%	43.06%	42.08%
No. of Shareholders	253	254	255	256	238	379	1,014	1,063	1,843	2,287	2,521	2,954

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	58.17%	55.84%	56.27%	56.27%	56.27%	56.27%	52.93%	52.93%	52.07%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.69%	5.05%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.83%	0.80%
	41.83%	44.16%	43.73%	43.73%	43.73%	43.73%	47.07%	43.55%	42.08%
No. of Shareholders	236	221	243	253	254	256	379	1,843	2,954

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Jun 2025

Transcript

Notes
PPT
Nov 2024

Transcript

Notes
PPT
Jun 2024

Transcript

Notes
PPT
Nov 2023

Transcript

Notes
PPT
Jul 2023

Transcript

Notes
PPT
May 2023

Transcript

Notes
PPT
Jan 2023

Transcript

Notes
PPT
Oct 2022

Transcript

Notes
PPT