RBM Infracon Ltd
Incorporated in 2013, RBM Infracon Limited is primarily engaged in the engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, Petrochemicals, Coal/Gas based power plants, etc.[1]
- Market Cap ₹ 211 Cr.
- Current Price ₹ 199
- High / Low ₹ 525 / 199
- Stock P/E 4.68
- Book Value ₹ 186
- Dividend Yield 0.00 %
- ROCE 28.2 %
- ROE 27.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.12 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 105% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.2%
- Company's working capital requirements have reduced from 146 days to 83.6 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -9.95%
* 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
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 35 | 39 | 48 | 83 | 130 | 322 | 492 | |
| 34 | 39 | 44 | 78 | 111 | 279 | 419 | |
| Operating Profit | 1 | -0 | 3 | 5 | 19 | 43 | 74 |
| OPM % | 2.5% | -1.1% | 7% | 6% | 15% | 13% | 15% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 1 | 1 | 1 | 1 | 2 | 1 | 6 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 6 |
| Profit before tax | -0 | -1 | 2 | 3 | 16 | 40 | 62 |
| Tax % | 100% | -2% | 17% | 29% | 31% | 26% | 27% |
| -0 | -1 | 2 | 2 | 11 | 29 | 45 | |
| EPS in Rs | -0.21 | -2.18 | 3.33 | 2.62 | 10.98 | 29.17 | 44.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 81% |
| TTM: | 53% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 105% |
| 3 Years: | 174% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -6% |
| 1 Year: | -51% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 25% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.52 | 0.56 | 0.56 | 8 | 10 | 10 | 11 |
| Reserves | 5 | 4 | 6 | 9 | 87 | 131 | 177 |
| 7 | 8 | 8 | 8 | 4 | 11 | 142 | |
| 9 | 11 | 10 | 16 | 114 | 146 | 344 | |
| Total Liabilities | 21 | 23 | 25 | 41 | 215 | 299 | 673 |
| 2 | 2 | 3 | 4 | 5 | 11 | 113 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 14 | 0 |
| Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| 19 | 21 | 22 | 37 | 209 | 274 | 560 | |
| Total Assets | 21 | 23 | 25 | 41 | 215 | 299 | 673 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 1 | -0 | 1 | -4 | -52 | -12 | -26 | |
| -2 | -1 | -1 | -3 | -2 | -12 | -100 | |
| 1 | 1 | -0 | 7 | 61 | 22 | 126 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 8 | -2 | 1 |
| Free Cash Flow | -1 | -1 | -0 | -6 | -54 | -33 | -120 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 105% | 86% | 37% | -73% | -248% | -4% | -12% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 160 | 148 | 118 | 82 | 56 | 76 | 83 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 160 | 148 | 118 | 82 | 56 | 76 | 83 |
| Working Capital Days | 37 | 19 | 33 | 65 | 238 | 115 | 84 |
| ROCE % | -6% | 21% | 20% | 28% | 33% | 28% |
Insights
In beta| Mar 2020 | Mar 2021 | Sep 2022 | Aug 2024 | Nov 2025 | |
|---|---|---|---|---|---|
| Order Book (Unexecuted Order Book) INR Crores |
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| Ongoing Projects number of projects |
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| Team Size (Total Workforce) number of personnel |
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| Cumulative Projects Completed number of projects |
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| Permanent Employees number of employees |
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| Client Base number of clients |
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| ONGC Oil Production barrels per day |
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| ONGC Wells Under Management number of wells |
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| Workover Operations Completed number of workovers |
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Extracted by Screener AI
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- RBM Infracon հայտնում Corporate Governance provisions not applicable for quarter ended September 30, 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) compliance certificate for quarter ended September 30, 2026.
-
Shareholders meeting
- AGM voting results for Sept 30, 2026; six resolutions passed.
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Shareholders meeting
- RBM Infracon held its 13th AGM on September 30, 2026, approving financials and appointing directors.
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Trading Window
- Trading window closes from 1 Oct 2026 until 48 hours after 30 Sep 2026 unaudited results.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
Concalls
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Jun 2026Transcript REC
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Nov 2025Transcript PPT REC
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May 2025PPT REC
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Feb 2025Transcript PPT
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Nov 2024PPT
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Sep 2024Transcript PPT REC
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Jan 2024PPT
Business Segments
A) Engineering, Procurement, and Construction [1][2]
Its EPC services include structural, tankage, and piping fabrication and erection using CS, SS, and alloy steel. It also provides ARC maintenance and turnaround services for refineries, petrochemicals, and fertilizers, alongside blasting, painting, insulation, refractory services, electrical, instrumentation, and NDT services. Specialized services such as scaffolding, wagon tipplers, and conveying systems.