RMC Switchgears Ltd
Incorporated in 1994, RMC Switchgears Ltd is in the business of Switchgear Engineering, ECI contracts for power distribution/ transmission sector[1]
- Market Cap ₹ 836 Cr.
- Current Price ₹ 794
- High / Low ₹ 1,214 / 518
- Stock P/E 26.6
- Book Value ₹ 102
- Dividend Yield 0.03 %
- ROCE 37.2 %
- ROE 37.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.81 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
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: | 141% |
| 3 Years: | 203% |
| 1 Year: | -1% |
| 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% |
Documents
Announcements
-
Annocement Under Regulation 30 SEBI LODR
11h - Subsidiary received ₹61.08 Cr contract for 41 MW MSEDCL project from Saatvik Cleantech EPC Pvt. Ltd.
-
Announcement Under Regulation 30 Of SEBI LODR
11h - Subsidiary received Letter of Intent for 41 MW MSEDCL project from Saatvik Cleantech EPC Pvt. Ltd.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - RMC reports Q1 FY26 PBT ₹12.44 Cr, 165% revenue growth, strong order book ₹700 Cr, renewable investments.
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
6 Aug - RMC to demonstrate 'Pulse Box' smart automation system in Maharashtra after successful proof of concept.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
31 Jul - RMC Switchgears completes POC for Pulse Box, enhancing grid safety and reducing losses in LT power distribution.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
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