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 ₹ 683 Cr.
- Current Price ₹ 663
- High / Low ₹ 1,214 / 387
- Stock P/E 40.3
- Book Value ₹ 68.5
- Dividend Yield 0.03 %
- ROCE 31.7 %
- ROE 30.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 9.68 times its book value
- Promoter holding has decreased over last quarter: -0.75%
- Company has high debtors of 194 days.
* 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
Sector: Capital Goods - Electrical Equipment Industry: Electric 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 | TTM | |
|---|---|---|---|---|---|
| 83 | 132 | 125 | 172 | 190 | |
| 74 | 119 | 99 | 138 | 156 | |
| Operating Profit | 9 | 13 | 26 | 34 | 34 |
| OPM % | 11% | 10% | 21% | 20% | 18% |
| 1 | 1 | 0 | -1 | 1 | |
| Interest | 5 | 6 | 7 | 9 | 8 |
| Depreciation | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 3 | 5 | 17 | 21 | 24 |
| Tax % | 16% | 26% | 31% | 30% | |
| 3 | 4 | 12 | 15 | 17 | |
| EPS in Rs | 2.77 | 4.12 | 11.40 | 14.44 | 16.46 |
| Dividend Payout % | 0% | 0% | 0% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | % |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | % |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 109% |
| 3 Years: | 187% |
| 1 Year: | 21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 31% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 7 | 10 | 10 |
| Reserves | 17 | 21 | 39 | 50 | 60 |
| 37 | 41 | 46 | 50 | 49 | |
| 21 | 38 | 24 | 45 | 68 | |
| Total Liabilities | 82 | 106 | 117 | 155 | 188 |
| 24 | 29 | 30 | 28 | 28 | |
| CWIP | 5 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 52 | 77 | 87 | 128 | 160 | |
| Total Assets | 82 | 106 | 117 | 155 | 188 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0 | 3 | -0 | 8 | |
| -4 | 2 | -3 | -1 | |
| 2 | -4 | 4 | -5 | |
| Net Cash Flow | -1 | 1 | 0 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 147 | 140 | 166 | 194 |
| Inventory Days | 61 | 54 | 43 | 39 |
| Days Payable | 137 | 145 | 56 | 73 |
| Cash Conversion Cycle | 72 | 49 | 154 | 160 |
| Working Capital Days | 105 | 91 | 176 | 172 |
| ROCE % | 18% | 32% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
2d - Resignation of CFO Anand Chaturvedi effective 16 April 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Submission of dematerialisation compliance certificate for March 2025 quarter.
- Closure of Trading Window 8 Apr
-
Intimation Under Regulation 30 Of The SEBI(LODR) Regulations, 2015, Regarding Investment In Subsidiary Company
31 Mar - Investment of Rs. 9 crores in RMC Green Energy.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
28 Mar - Resignation of Company Secretary & Compliance Officer Pushpendra Singh.
Annual reports
-
Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
Business Overview:[1][2]
RMCSL is an ISO 9001:2008, ISO 14001:2015, ISO 27001:2013 and OHSAS 18001:2007 certified company. It is in the business of researching, designing and manufacturing electronic smart energy meter enclosures, distribution boxes & panels, and other electrical safety & distribution equipment. With equipment made in plastics, fibre reinforced plastics and sheet metals, RMC Switchgears also offers end-to-end solutions including Engineering, Procurement and Construction