RMC Switchgears (RMC)₹173.29−2.00%Other Electrical Equipment
In the Jun 2026 quarter (consolidated), RMC Switchgears reported sales of ₹37.16 Cr, down 56.0% from Jun 2025, and net profit of ₹2.09 Cr, down 49.0% year on year. For the year to Mar 2026, sales were ₹401 Cr and net profit ₹22.10 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 165 | 84.36 | 36.95 | 143 | 37.16 |
| Expenses | 149 | 75.55 | 41.57 | 125 | 29.44 |
| Operating Profit | 16.73 | 8.92 | −4.56 | 17.67 | 7.78 |
| OPM % | 10.1% | 10.6% | −12.2% | 12.4% | 20.9% |
| Other Income | 0.19 | 0.22 | 0.45 | 0.64 | 0.44 |
| Interest | 2.24 | 2.71 | 3.97 | 3.99 | 4.10 |
| Depreciation | 0.88 | 0.93 | 1.39 | 1.31 | 1.29 |
| Profit before tax | 13.72 | 5.43 | −9.44 | 12.91 | 2.78 |
| Tax % | 28.3% | 25.1% | −25.2% | 28.4% | 25.1% |
| Net Profit | 9.88 | 4.10 | −7.10 | 9.30 | 2.09 |
| EPS (Rs) | 9.31 | 3.87 | −6.69 | 8.76 | 1.97 |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 82.81 | 132 | 125 | 171 | 317 | 401 |
| Expenses | 73.97 | 119 | 98.85 | 138 | 266 | 355 |
| Operating Profit | 9.04 | 13.05 | 26.09 | 34.14 | 52.19 | 47.18 |
| OPM % | 11.0% | 10.1% | 21.1% | 20.1% | 16.1% | 12.1% |
| Other Income | 0.99 | 0.99 | 0.00 | −0.99 | 0.99 | 1.99 |
| Interest | 4.99 | 5.99 | 7.01 | 8.99 | 9.01 | 14.01 |
| Depreciation | 1.99 | 1.99 | 2.99 | 2.99 | 2.99 | 4.99 |
| Profit before tax | 2.99 | 4.99 | 16.94 | 20.94 | 41.90 | 29.92 |
| Tax % | 16.0% | 26.0% | 31.0% | 30.0% | 27.0% | 25.9% |
| Exceptional items | 0.00 | 0.03 | −0.01 | −1.43 | 0.08 | 0.01 |
| Net Profit | 3.01 | 4.02 | 12.05 | 15.05 | 31.10 | 22.10 |
| EPS (Rs) | 2.76 | 4.11 | 11.38 | 14.40 | 28.99 | 21.05 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% | 0.0% |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6.02 | 6.02 | 7.02 | 10.03 | 11.03 | 11.03 |
| Reserves | 17.06 | 21.09 | 39.12 | 50.18 | 97.37 | 120 |
| Borrowings | 36.88 | 40.87 | 45.83 | 49.85 | 58.82 | 105 |
| Other Liabilities | 21.09 | 38.01 | 24.07 | 44.93 | 105 | 131 |
| Total Liabilities | 82.05 | 106 | 117 | 155 | 271 | 367 |
| Fixed Assets | 24.09 | 29.11 | 30.11 | 28.09 | 34.14 | 56.18 |
| CWIP | 5.01 | 0.00 | 0.00 | 0.00 | 8.02 | 3.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 51.95 | 76.88 | 86.93 | 128 | 230 | 308 |
| Inventories | 6.99 | 10.98 | 8.99 | 9.98 | 19.95 | 17.97 |
| Trade receivables | 33.10 | 51.09 | 57.17 | 91.22 | 148 | 205 |
| Cash & equivalents | 1.99 | 2.99 | 0.00 | 1.99 | 12.98 | 12.97 |
| Total Assets | 82.05 | 106 | 117 | 155 | 271 | 367 |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 0.00 | 2.99 | 0.00 | 7.99 | 11.98 | −11.98 |
| Cash from investing activity | −3.99 | 1.99 | −2.99 | −0.99 | −20.99 | −24.97 |
| Cash from financing activity | 2.01 | −4.01 | 4.01 | −4.99 | 15.99 | 33.02 |
| Net cash flow | −1.01 | 1.01 | 0.00 | 2.01 | 7.01 | −4.01 |
| Capex | 7.87 | 1.70 | 3.23 | 3.18 | 16.98 | 22.14 |
| Free cash flow | −0.99 | 0.99 | −3.99 | 4.99 | −4.99 | −33.95 |
| CFO / OP % | 3.0% | 28.0% | 19.0% | 42.0% | 45.0% | −5.0% |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 147 | 140 | 166 | 194 | 170 | 186 |
| Inventory days | 61 | 54 | 43 | 39 | 33 | 22 |
| Days payable | 137 | 145 | 56 | 73 | 93 | 75 |
| Cash conversion cycle | 72 | 49 | 154 | 160 | 110 | 134 |
| Working capital days | 44 | 49 | 95 | 99 | 75 | 51 |
| ROCE % | — | 18.1% | — | 32.1% | 36.1% | 22.1% |
For the Jun 2026 quarter, RMC Switchgears reported sales of ₹37.16 Cr, down 56.0% year on year and net profit of ₹2.09 Cr, down 49.0% year on year. The operating margin was 20.9%.
RMC Switchgears' sales for the year to Mar 2026 were ₹401 Cr.
Net profit for the year to Mar 2026 was ₹22.10 Cr. Earnings per share over the same trailing period were ₹21.05.
RMC Switchgears reported borrowings of ₹105 Cr at Mar 2026, against cash and equivalents of ₹12.97 Cr.
Cash from operations was −₹11.98 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹33.95 Cr.