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 ₹ 287 Cr.
- Current Price ₹ 270
- High / Low ₹ 525 / 261
- Stock P/E 6.34
- Book Value ₹ 186
- Dividend Yield 0.00 %
- ROCE 28.2 %
- ROE 27.6 %
- Face Value ₹ 10.0
Pros
- 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 150 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% | -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 | -2.31 | -23.92 | 36.51 | 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: | 71% |
| 1 Year: | -36% |
| 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 | 24 | 113 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -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 | -3 | -26 | |
| -2 | -1 | -1 | -3 | -2 | -20 | -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 | -25 | -120 |
| CFO/OP | 105% | 86% | 37% | -73% | -248% | 17% | -12% |
Ratios
Standalone Figures in Rs. Crores / 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 | 248 | ||||||
| Days Payable | 529 | ||||||
| Cash Conversion Cycle | 160 | 148 | 118 | 82 | 56 | 76 | -198 |
| Working Capital Days | 37 | 19 | 33 | 65 | 238 | 127 | 84 |
| ROCE % | -6% | 21% | 20% | 28% | 33% | 28% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Aug 2024 | Nov 2025 | |
|---|---|---|---|---|---|---|
| Order Book (Unexecuted Order Book) INR Crores |
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| Permanent Employees number of employees |
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| Cumulative Projects Completed number of projects |
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| Ongoing Projects number of projects |
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| Team Size (Total Workforce) number of personnel |
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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
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 July 2026 - Regulation 74(5) compliance certificate filed for quarter ended June 30, 2026.
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Outcome of Board Meeting
9 July 2026 - Board approved shifting corporate office to Jamnagar, effective immediately; registered office unchanged.
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Outcome of Board Meeting
8 July 2026 - On July 8, 2026, RBM Infracon appointed a secretarial auditor and accepted internal auditor resignation.
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Reply to Clarification- Financial results
8 July 2026 - RBM Infracon released FY26 audited results; revenue 492.22 Cr, profit 45.28 Cr, modified opinion clarified.
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Outcome of Board Meeting
30 June 2026 - Board approved SCS and Co. LLP as Secretarial Auditor for FY 2025-26 on June 30, 2026.
Annual reports
Concalls
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Jun 2026TranscriptPPTREC
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Nov 2025Transcript PPT REC
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May 2025TranscriptPPT REC
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Feb 2025Transcript PPT
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Nov 2024TranscriptAI SummaryPPT
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Sep 2024Transcript PPT REC
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Jan 2024TranscriptAI SummaryPPT
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.