Price
Financials
Consolidated, Rs crore| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 165.66 | 84.53 | 37.04 | 142.94 | 37.24 |
| Expenses | 148.99 | 75.65 | 41.58 | 125.34 | 29.49 |
| Operating Profit | 16.67 | 8.88 | -4.54 | 17.60 | 7.75 |
| OPM % | 10.06% | 10.51% | -12.26% | 12.31% | 20.81% |
| Other Income | 0.20 | 0.23 | 0.46 | 0.65 | 0.45 |
| Interest | 2.23 | 2.72 | 3.98 | 3.98 | 4.11 |
| Depreciation | 0.89 | 0.94 | 1.40 | 1.32 | 1.30 |
| Profit before tax | 13.75 | 5.45 | -9.46 | 12.95 | 2.79 |
| Tax % | 28.36% | 25.14% | -25.16% | 28.42% | 25.09% |
| Net Profit | 9.85 | 4.08 | -7.07 | 9.26 | 2.08 |
| EPS in Rs | 9.33 | 3.88 | -6.70 | 8.78 | 1.98 |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 83 | 132 | 125 | 172 | 318 | 402 |
| Expenses | 74 | 119 | 99 | 138 | 266 | 355 |
| Operating Profit | 9 | 13 | 26 | 34 | 52 | 47 |
| OPM % | 11% | 10% | 21% | 20% | 16% | 12% |
| Other Income | 1 | 1 | 0 | -1 | 1 | 2 |
| Interest | 5 | 6 | 7 | 9 | 9 | 14 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 5 |
| Profit before tax | 3 | 5 | 17 | 21 | 42 | 30 |
| Tax % | 16% | 26% | 31% | 30% | 27% | 26% |
| Net Profit | 3 | 4 | 12 | 15 | 31 | 22 |
| EPS in Rs | 2.77 | 4.12 | 11.40 | 14.44 | 29.04 | 21.10 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | 48% | 26% | ||
| Compounded Profit Growth | % | % | 24% | -27% | ||
| Stock Price CAGR | % | 61% | -26% | -71% | ||
| Return on Equity | % | % | 27% | 19% |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 7 | 10 | 11 | 11 |
| Reserves | 17 | 21 | 39 | 50 | 97 | 120 |
| Borrowings | 37 | 41 | 46 | 50 | 59 | 105 |
| Other Liabilities | 21 | 38 | 24 | 45 | 105 | 131 |
| Total Liabilities | 82 | 106 | 117 | 155 | 271 | 367 |
| Fixed Assets | 24 | 29 | 30 | 28 | 34 | 56 |
| CWIP | 5 | 0 | 0 | 0 | 8 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 52 | 77 | 87 | 128 | 230 | 308 |
| Total Assets | 82 | 106 | 117 | 155 | 271 | 367 |
| Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | 3 | -0 | 8 | 12 | -12 |
| Cash from Investing Activity | -4 | 2 | -3 | -1 | -21 | -25 |
| Cash from Financing Activity | 2 | -4 | 4 | -5 | 16 | 33 |
| Net Cash Flow | -1 | 1 | 0 | 2 | 7 | -4 |
| Free Cash Flow | -1 | 1 | -4 | 5 | -5 | -34 |
| CFO/OP | 3% | 28% | 19% | 42% | 45% | -5% |
| 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% | 32% | 36% | 22% |
| Sep 2022 | Mar 2023 | Sep 2023 | Oct 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 55.60% | 52.93% | 52.93% | 52.93% | 52.93% | 52.93% | 52.18% | 52.07% | 52.07% | 52.09% | 51.97% | 51.97% |
| FIIs | 0.00% | 0.00% | 0.74% | 0.74% | 2.69% | 3.38% | 3.88% | 5.05% | 4.83% | 2.70% | 2.69% | 2.70% |
| DIIs | 0.00% | 0.00% | 0.75% | 0.77% | 0.83% | 0.91% | 0.88% | 0.80% | 1.01% | 0.39% | 0.39% | 0.48% |
| Public | 44.40% | 47.07% | 45.59% | 45.55% | 43.55% | 42.77% | 43.06% | 42.08% | 42.08% | 44.82% | 44.96% | 44.85% |
| No. of Shareholders | 238 | 379 | 1,014 | 1,063 | 1,843 | 2,287 | 2,521 | 2,954 | 3,793 | 4,935 | 5,036 | 6,867 |
Fundamentals
Market Cap₹ 222 Cr.
Current Price₹ 210
Stock P/E10.9
Book Value₹ 123
ROCE22.0 %
ROE18.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)26%
Compounded Profit Growth (TTM)-27%
Consolidated figures.
Valuation
Market capRs 123 Cr
Enterprise valueRs 161 Cr
P/E (TTM)32.91x
Price to book4.55x
Price to sales0.94x
EV / EBITDA11.77x
EV / EBIT14.13x
EV / sales1.23x
Price to cash flow47.10x
Earnings yield3.04%
Profitability
Operating margin (excl. other income)9.76%
Operating margin (incl. other income)10.41%
EBITDA margin10.41%
Pre-tax margin3.85%
Net profit margin2.85%
ROE14.85%
ROCE17.83%
ROA3.99%
ROIC (approx.)13.01%
Tax rate25.84%
Other income / net worth3.17%
Growth
Sales growth (latest year)58.61%
Profit growth (latest year)48.81%
Per share
EPS (TTM)Rs 6.16
EPS (latest year)Rs 6.16
Book value per shareRs 44.55
Sales per shareRs 216.24
Cash flow per shareRs 4.30
Free cash flow per shareRs -55.81
Efficiency
Asset turnover1.24x
Fixed asset turnover4.53x
Inventory turnover9.45x
Inventory days39 days
Debtor days140 days
Debtors turnover2.60x
Creditor days75 days
Cash conversion cycle134 days
Working capital days51 days
Leverage
Total debtRs 41 Cr
Cash and bankRs 3 Cr
Net debtRs 38 Cr
Debt to equity1.50x
Net debt / EBITDA2.77x
Interest coverage1.80x
Owners' fund to total sources25.49%
Debt to assets38.35%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -34 Cr
FCFE (approx.: FCF + change in debt)Rs -30 Cr
Cash from ops / profit, 5 years0.13x
Sales to cash flow50.28x
Statement figures
Net sales (TTM)Rs 132 Cr
Net sales (latest year)Rs 132 Cr
Operating profit excl. other income (latest year)Rs 13 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 108 Cr
Total expenditure (latest year)Rs 119 Cr
Total income (latest year)Rs 133 Cr
Share capitalRs 6 Cr
ReservesRs 21 Cr
Shareholders' fundsRs 27 Cr
Total assetsRs 106 Cr
Net blockRs 29 Cr
ReceivablesRs 51 Cr
InventoryRs 11 Cr
Other liabilitiesRs 38 Cr
Shares outstanding (crore)0.61
Ownership
Promoter holding51.97% (-0.10 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | RMC | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.5% | -2.8% | -3.8 pts |
| 1 month | -12.9% | -6.8% | -6.1 pts |
| 3 months | -33.6% | -7.6% | -26.0 pts |
| 3 years | -61.0% | +14.2% | -75.2 pts |
| 5 years | +1046.4% | +27.9% | +1018.5 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was 45% of net profit over the last 2 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹37 Cr -77.5% vs Mar 2025.
Net profit ₹2 Cr -78.9%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsHigh low price variation greater than 75perc in previous 3 months
Quick answers
What is the market cap of RMC Switchgears Ltd?
RMC Switchgears Ltd (RMC) has a market capitalisation of Rs 222 Cr. at the 2026-10-01 close.
What is the P/E ratio of RMC Switchgears Ltd?
RMC Switchgears Ltd trades at a P/E of 10.9 on trailing twelve-month profit, at the 2026-10-01 close.
What were RMC Switchgears Ltd's latest quarterly results?
In the Jun 2026 quarter, RMC Switchgears Ltd sales was Rs 37 Cr (-77.5% vs Mar 2025) and net profit was Rs 2 Cr.
What is the 52-week high and low of RMC Switchgears Ltd?
The 52-week high is Rs 530.00 and the 52-week low is Rs 194.10.