RMC Switchgears Ltd

RMC Switchgears Ltd

₹ 657 -3.48%
04 Jul - close price
About

Incorporated in 1994, RMC Switchgears Ltd is in the business of Switchgear Engineering, ECI contracts for power distribution/ transmission sector[1]

Key Points

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

  • Market Cap 678 Cr.
  • Current Price 657
  • High / Low 759 / 294
  • Stock P/E 41.6
  • Book Value 58.6
  • Dividend Yield 0.03 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 11.2 times its book value
  • Promoter holding has decreased over last 3 years: -3.34%

* 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Sep 2023 Mar 2024
67 87 85
55 67 71
Operating Profit 12 20 14
OPM % 18% 23% 16%
0 -2 1
Interest 3 5 4
Depreciation 1 1 1
Profit before tax 8 12 9
Tax % 32% 35% 24%
6 8 7
EPS in Rs 5.44 7.83 6.63
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2023 Mar 2024
83 132 125 173
74 119 99 139
Operating Profit 9 13 26 34
OPM % 11% 10% 21% 20%
1 1 0 -1
Interest 5 6 7 9
Depreciation 2 2 3 3
Profit before tax 3 5 17 21
Tax % 16% 26% 31% 30%
3 4 12 15
EPS in Rs 2.77 4.12 11.40 14.44
Dividend Payout % -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: %
TTM: 38%
Compounded Profit Growth
10 Years: %
5 Years: 34%
3 Years: %
TTM: 39%
Stock Price CAGR
10 Years: %
5 Years: 96%
3 Years: 251%
1 Year: 103%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2024 Mar 2024
Equity Capital 6 6 10 10
Reserves 17 21 50 50
37 41 50 50
21 38 45 45
Total Liabilities 82 106 155 155
24 29 28 28
CWIP 5 -0 -0 -0
Investments -0 -0 -0 -0
52 77 128 128
Total Assets 82 106 155 155

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
Inventory Days 61 54
Days Payable 137 145
Cash Conversion Cycle 72 49
Working Capital Days 105 91
ROCE % 18%

Shareholding Pattern

Numbers in percentages

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Oct 2023Mar 2024
56.27% 56.27% 56.27% 56.27% 56.27% 56.27% 56.27% 55.60% 52.93% 52.93% 52.93% 52.93%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.74% 0.74% 2.69%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.75% 0.77% 0.83%
43.73% 43.73% 43.73% 43.73% 43.73% 43.73% 43.73% 44.40% 47.07% 45.59% 45.55% 43.55%
No. of Shareholders 2432472532532542552562383791,0141,0631,843

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls