RMC Switchgears

₹176.83As of Sun 8 Nov 2026, 12:00 UTC

NSE:RMCIndustrials

Country India

PE (Fwd) 4.164

TSR 10Y CAGR —

Div yield —

ROE —

Electrical Equipment & Parts

Beta (5Y) (1.01)

PE TTM 8.292

TSR TTM —

Mkt cap ₹1.831B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹202

14.35%

215.87%

Price below Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

12.20

14.44

29.58

21.33

1831.73%

18.39%

104.82%

(27.90%)

Revenue₹B

1.253

1.726

3.177

4.016

201.42%

37.81%

84.05%

26.39%

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

4.016

Revenue₹B

—

0.416

1.253

1.726

3.177

4.016

5.648

76.31%

26.39

Revenue growth%

—

201.42

37.81

84.05

26.39

40.63

60.93

—

23.47

Gross margin%

—

35.89

39.80

42.90

29.34

23.47

23.59

35.89

10.60

Operating margin%

—

7.44

18.81

18.14

15.48

10.60

10.96

15.48

5.61

Net margin%

—

1.39

9.37

8.62

9.64

5.61

5.85

8.62

8.292

P/E ratio (avg)x

—

5.645

—

4.385

EV/EBITx

—

3.017

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

21.33

EPS₹

—

0.63

12.20

14.44

29.58

21.33

31.33

141.07%

—

(27.90)

EPS growth%

—

1831.73

18.41

104.80

(27.90)

46.89

61.60

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

0.20

—

Div yield (avg)%

—

Payout ratio%

—

1.39

—

10.56

Shares (diluted)M

—

9.138

9.626

10.31

10.36

10.56

◌10.56

3.67%

(1.89)

Buyback yield%

—

(5.33)

(7.09)

(0.51)

(1.89)

◌—

(3.61)

—

D/E ratiox

—

1.867

Enterprise value₹B

—

1.867

—

LT debt₹M

—

Peers (US$19.80M)

Cap (US$)

Veto Switchgears and…

25.65M

8.110x

Indo National Limited

24.89M

—

Plaza Wires Limited

23.53M

20.66x

PT Kabelindo Murni Tbk

19.80M

6.645x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

3.928

4.365

Own earn%

—

Sh yield%

(1.89)

(3.61)

Owners

Insiders/Inst%

60.23

6.27

Short interest%

—

SBC / revenue%

0.20

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

7–19

$1 testx

—

Incr. ROIC%

—

RMC Switchgears Limited engages in the switchgear engineering business in India. The company also manufactures smart-meter enclosures, feeder pillars, distribution and junction boxes, fibre-reinforced plastic safety products, V-cross arms, gratings, cable trays, transformer fencing, electrical panels and bus bars.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹4.016B

76.31%

1.00×

Cost of revenue

₹3.073B

84.29%

1.19×

Operating expenses

₹516.8M

44.60%

0.45×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m