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 ₹ 440 Cr.
- Current Price ₹ 436
- High / Low ₹ 1,049 / 250
- Stock P/E 14.9
- Book Value ₹ 139
- Dividend Yield 0.00 %
- ROCE 33.0 %
- ROE 24.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 183 days to 127 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 130 | 322 | |
| 111 | 279 | |
| Operating Profit | 19 | 43 |
| OPM % | 15% | 13% |
| 0 | 1 | |
| Interest | 2 | 1 |
| Depreciation | 1 | 2 |
| Profit before tax | 16 | 40 |
| Tax % | 31% | 26% |
| 11 | 29 | |
| EPS in Rs | 10.98 | 29.17 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 148% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 166% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 10 | 10 |
| Reserves | 87 | 131 |
| 2 | 11 | |
| 115 | 146 | |
| Total Liabilities | 215 | 299 |
| 5 | 24 | |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| 209 | 274 | |
| Total Assets | 215 | 299 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -52 | -3 | |
| -2 | -20 | |
| 61 | 22 | |
| Net Cash Flow | 8 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 56 | 76 |
| Inventory Days | 469 | |
| Days Payable | 324 | |
| Cash Conversion Cycle | 56 | 221 |
| Working Capital Days | 238 | 127 |
| ROCE % | 33% |
Documents
Announcements
-
Corrigendum
12 September 2025 - Corrigendum: Appointment of Patel Jain & Associates as statutory auditors withdrawn; AGM on Sep 17, 2025 unchanged.
-
Reply to Clarification- Financial results
4 September 2025 - Approved audited FY2025 standalone and consolidated results; PBT Rs4,005.64 lakh; board met May 23, 2025.
-
Shareholders meeting
26 August 2025 - AGM on Sept 17, 2025 to adopt FY2024-25 accounts, reappoint director, appoint auditor till 2030, appoint executive director.
-
Outcome of Board Meeting
26 August 2025 - Board approved Directors' Report; 12th AGM on 17 Sep 2025 at 12:00 PM via VC; e-voting 14–16 Sep.
-
Outcome of Board Meeting
12 August 2025 - Allotment of 5.3 lakh shares to promoter on warrant conversion, increasing paid-up capital to INR 10.63 Cr.
Annual reports
Concalls
-
May 2025TranscriptNotesPPT REC
-
Feb 2025Transcript PPT
-
Nov 2024TranscriptNotesPPT
-
Sep 2024Transcript PPT REC
-
Jan 2024TranscriptNotesPPT
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.