MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0023828
Market Cap
₹209 Cr
RMC · NSE
Share Price
₹197.34
-2.28% today
Revenue
₹402 Cr
FY 2025-26 · +26.3% YoY
EBITDA
₹47.08 Cr
Margin 11.7%
Net Profit
₹22.32 Cr
FY 2025-26 · -26.9% YoY
P/E (TTM)
11.0x
P/B 1.6x
ROE
18.9%
ROCE 21.9%
Debt / Equity
0.69
Interest cover 32.5x
About RMC Switchgears Limited
Data last updated:
RMC Switchgears Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L25111RJ1994PLC008698. Its GSTIN is 08AAACR6750K1Z3 (Rajasthan). The company holds 3 GST registrations, of which 2 are active. Its shares are listed on BSE: 540358 and NSE: RMC.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.58 Cr. It was formerly known as Rfh Metal Castings Limited and Rfh Metal Castings Private Limited. It is led by directors including Ashok Kumar Agarwal (Managing Director) and Ankit Agrawal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Jaipur, Rajasthan.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹401.92 Cr, a growth of 26.3% compared to the previous year. For the same year it recorded a net profit of ₹22.32 Cr (net margin 5.6%) and EBITDA of ₹47.08 Cr (EBITDA margin 11.7%). The net worth stands at ₹130.46 Cr (up 21.7% YoY). Total assets are valued at ₹236.68 Cr (up 41.9% YoY).
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RMC India. As per MCA filings, the company has open charges of ₹247.74 Cr and satisfied charges of ₹221.57 Cr on record. Court records list 32 cases involving the company, including 15 filed by the company and 16 filed against it; 12 cases are pending. The company has 22 deals on record (21 market trades, 1 ipo); the latest was in May 2026. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Advance Panels and Switchgears Private Limited with revenue of ₹333.39 Cr.
RMC Switchgears Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0023828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rmcindia.in.
Company Details of RMC Switchgears Limited
CIN L25111RJ1994PLC008698
Registration Number 008698
Incorporation Date 23 August 1994
ROC Jaipur
Listing Status Listed (BSE: 540358, NSE: RMC)
Company Status Active
Date of Last AGM 19 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-17-0023828
Name History of RMC Switchgears Limited
RMC Switchgears has undergone 4 name changes throughout its history. The current legal name is Rmc Switchgears Limited.
| Company Name | Status |
|---|---|
| RMC Switchgears Limited | Current |
| Rfh Metal Castings Limited | Previous |
| Rfh Metal Castings Private Limited | Previous |
| Rmc Switch Gears Limited | Previous |
| Rfh Metal Castings Limited | Previous |
CIN History of RMC Switchgears Limited
RMC Switchgears has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25111RJ1994PLC008698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25111RJ1994PLC008698 | Current |
| U27310RJ1994PLC008698 | Previous |
| L27310RJ1994PLC008698 | Previous |
| U27310RJ1994PTC008698 | Previous |
Key People
Ashok Kumar Agarwal Managing Director Ankit Agrawal Whole-Time Director Neha Agarwal Whole-Time Director Recognitions & Rankings of RMC Switchgears
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKhasra No. – 163 164, Village – Badodiya Tehsil – Kotkhawda, Jaipur, Rajasthan, India – 303908
- IndustryEnergy and Power, Power Equipment Manufacturers
Comprehensive company report
RMC Switchgears Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with RMC Switchgears Limited
RMC Switchgears operates one associated brand: RMC India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Switchgears are manufactured by RMC in Jaipur, India. | rmcindia.in |
Business Activity of RMC Switchgears Limited
The main business activities of RMC Switchgears are manufacturing, construction and trade. 5 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of RMC Switchgears Limited FY 2025-26 filings available
RMC Switchgears Limited reported revenue of ₹401.92 Cr (up 26.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹402 Cr
+26.3% YoY
EBITDA
₹47.08 Cr
-9.7% YoY
Profit After Tax
₹22.32 Cr
-26.9% YoY
Net Worth
₹130 Cr
+21.7% YoY
Total Assets
₹237 Cr
+41.9% YoY
Total Debt
₹105 Cr
+78.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 402 | 318 | 173 | 125 | 132 | 83.12 |
| Revenue growth | +26.3% | +84.3% | +37.8% | - | +58.5% | - |
| EBITDA | 47.08 | 52.12 | 32.05 | 26.26 | 12.87 | 8.82 |
| EBITDA margin | +11.7% | +16.4% | +18.6% | +21.0% | +9.8% | +10.6% |
| Profit before tax | 30.39 | 41.72 | 21.41 | 16.96 | 5.08 | 3.00 |
| Net profit | 22.32 | 30.53 | 16.32 | 11.77 | 3.73 | 2.51 |
| Net profit margin | +5.6% | +9.6% | +9.5% | +9.4% | +2.8% | +3.0% |
| EPS (₹) | 21.10 | 29.04 | 14.44 | 17.08 | 6.16 | 4.14 |
| Balance sheet | ||||||
| Total assets | 237 | 167 | 111 | 92.56 | 68.22 | 60.54 |
| Net worth | 130 | 107 | 60.40 | 45.71 | 27.14 | 23.38 |
| Total debt | 105 | 59.01 | 49.93 | 46.49 | 40.83 | 36.87 |
| Cash & bank | 13.23 | 13.48 | 2.08 | 0.18 | 2.79 | 1.88 |
| Net working capital | 159 | 120 | 83.03 | 60.65 | 39.55 | 28.20 |
| Cash flow | ||||||
| Cash from operations | (11.60) | 11.53 | 7.78 | (0.34) | 2.62 | 0.23 |
| Cash from investing | (25.33) | (20.62) | (0.52) | (3.09) | 2.04 | (3.50) |
| Cash from financing | 32.53 | 15.59 | (5.36) | 3.50 | (3.75) | 2.05 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 37.24 | 143 | 37.04 | 157 | 84.53 | 166 | 47.72 |
| Revenue growth (YoY) | -55.9% | -13.7% | -22.4% | - | - | - | - |
| Other income | 0.45 | 0.65 | 0.46 | 0.37 | 0.23 | 0.20 | 0.64 |
| EBITDA | 7.75 | 17.60 | (4.54) | 25.12 | 8.88 | 16.66 | 16.73 |
| EBITDA margin | +20.8% | +12.3% | -12.3% | +16.0% | +10.5% | +10.1% | +35.1% |
| Depreciation | 1.30 | 1.32 | 1.40 | 0.87 | 0.94 | 0.89 | 0.83 |
| Interest | 4.11 | 3.98 | 3.98 | 3.86 | 2.72 | 2.23 | 2.58 |
| Profit before tax | 2.79 | 12.95 | (9.46) | 20.76 | 5.45 | 13.74 | 13.96 |
| Tax | 0.70 | 3.68 | (2.38) | 5.31 | 1.37 | 3.90 | 2.47 |
| Net profit | 2.09 | 9.27 | (7.08) | 15.45 | 4.08 | 9.84 | 11.49 |
| EPS (₹) | 1.97 | 8.81 | (6.70) | 0.00 | 3.86 | 9.53 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 304 | 316 | 173 | 125 | 41.56 | 36.65 | 59.39 |
| Revenue growth | -4.0% | +83.2% | +37.8% | +201.4% | +13.4% | -38.3% | - |
| EBITDA | 37.94 | 51.66 | 32.05 | 26.26 | 5.54 | 6.68 | 8.02 |
| EBITDA margin | +12.5% | +16.3% | +18.6% | +21.0% | +13.3% | +18.2% | +13.5% |
| Profit before tax | 21.58 | 41.68 | 21.41 | 16.96 | 0.33 | 0.19 | 0.58 |
| Net profit | 15.81 | 30.51 | 16.32 | 11.77 | 0.56 | 0.45 | 0.32 |
| Net profit margin | +5.2% | +9.7% | +9.5% | +9.4% | +1.4% | +1.2% | +0.5% |
| EPS (₹) | 14.95 | 29.01 | 14.44 | 17.08 | 0.95 | 0.74 | 0.49 |
| Balance sheet | |||||||
| Total assets | 228 | 164 | 111 | 92.56 | 70.15 | 67.37 | 68.46 |
| Net worth | 124 | 107 | 60.40 | 45.71 | 28.51 | 27.94 | 27.49 |
| Total debt | 103 | 56.65 | 49.93 | 46.49 | 41.50 | 39.16 | 40.72 |
| Cash & bank | 11.26 | 13.34 | 1.98 | 0.18 | 0.11 | 0.47 | 0.69 |
| Net working capital | 160 | 116 | 82.93 | 60.65 | 38.62 | 35.92 | 38.19 |
| Cash flow | |||||||
| Cash from operations | (18.63) | 11.77 | 7.78 | (0.34) | 2.71 | 8.62 | 6.56 |
| Cash from investing | (20.43) | (22.69) | (0.57) | (3.09) | (2.34) | (3.32) | (3.73) |
| Cash from financing | 32.83 | 17.39 | (5.41) | 3.50 | (0.73) | (5.51) | (4.93) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 31.85 | 90.87 | 17.74 | 119 | 75.88 | 164 | 47.72 |
| Revenue growth (YoY) | -58.0% | -44.5% | -62.8% | - | - | - | - |
| Other income | 0.43 | 0.66 | 0.47 | 0.37 | 0.23 | 0.62 | 0.64 |
| Total expenses | 25.57 | 80.86 | 23.01 | 92.76 | 69.07 | 148 | 31.08 |
| EBITDA | 6.28 | 10.01 | (5.27) | 26.33 | 6.81 | 16.19 | 16.64 |
| EBITDA margin | +19.7% | +11.0% | -29.7% | +22.1% | +9.0% | +9.9% | +34.9% |
| Depreciation | 1.14 | 1.19 | 1.26 | 0.87 | 0.94 | 0.89 | 0.83 |
| Interest | 4.04 | 3.95 | 3.95 | 3.18 | 2.72 | 2.23 | 2.63 |
| Profit before tax | 1.53 | 5.53 | (10.01) | 22.65 | 3.38 | 13.69 | 13.82 |
| Tax | 0.39 | 1.72 | (2.52) | 5.70 | 0.85 | 3.89 | 2.47 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 37.24 | 143 | 37.04 | 157 | 84.53 | 166 | 47.72 |
| Revenue growth (YoY) | -55.9% | -13.7% | -22.4% | - | - | - | - |
| Other income | 0.45 | 0.65 | 0.46 | 0.37 | 0.23 | 0.20 | 0.64 |
| EBITDA | 7.75 | 17.60 | (4.54) | 25.12 | 8.88 | 16.66 | 16.73 |
| EBITDA margin | +20.8% | +12.3% | -12.3% | +16.0% | +10.5% | +10.1% | +35.1% |
| Depreciation | 1.30 | 1.32 | 1.40 | 0.87 | 0.94 | 0.89 | 0.83 |
| Interest | 4.11 | 3.98 | 3.98 | 3.86 | 2.72 | 2.23 | 2.58 |
| Profit before tax | 2.79 | 12.95 | (9.46) | 20.76 | 5.45 | 13.74 | 13.96 |
| Tax | 0.70 | 3.68 | (2.38) | 5.31 | 1.37 | 3.90 | 2.47 |
| Net profit | 2.09 | 9.27 | (7.08) | 15.45 | 4.08 | 9.84 | 11.49 |
| EPS (₹) | 1.97 | 8.81 | (6.70) | 0.00 | 3.86 | 9.53 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|
| Revenue | 402 | 318 | 173 | 125 | 132 | 83.12 |
| Revenue growth | +26.3% | +84.3% | +37.8% | - | +58.5% | - |
| Other income | 1.69 | 1.26 | 0.83 | 0.46 | 0.86 | 1.01 |
| Total expenses | 355 | 266 | 141 | 99.01 | 119 | 74.30 |
| Employee cost | 20.24 | 16.54 | 8.98 | 5.04 | 3.90 | 2.81 |
| EBITDA | 47.08 | 52.12 | 32.05 | 26.26 | 12.87 | 8.82 |
| EBITDA margin | +11.7% | +16.4% | +18.6% | +21.0% | +9.8% | +10.6% |
| Depreciation | 4.53 | 2.99 | 2.83 | 2.80 | 2.29 | 1.74 |
| Interest | 13.85 | 8.67 | 8.64 | 6.96 | 6.36 | 5.09 |
| Profit before tax | 30.39 | 41.72 | 21.41 | 16.96 | 5.08 | 3.00 |
| Tax | 7.95 | 11.09 | 6.53 | 5.21 | 1.31 | 0.49 |
| Net profit | 22.32 | 30.53 | 16.32 | 11.77 | 3.73 | 2.51 |
| Net profit margin | +5.6% | +9.6% | +9.5% | +9.4% | +2.8% | +3.0% |
| EPS (₹) | 21.10 | 29.04 | 14.44 | 17.08 | 6.16 | 4.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 10.58 | 10.55 | 10.31 | 6.87 | 6.09 | 6.09 |
| Reserves & surplus | 120 | 96.61 | 50.09 | 38.84 | 21.05 | 17.29 |
| Shareholders' funds (net worth) | 130 | 107 | 60.40 | 45.71 | 27.14 | 23.38 |
| Minority interest | 0.18 | 0.16 | 0.05 | 0.00 | 0.00 | 0.00 |
| Secured loans | 96.35 | 53.53 | 39.21 | 28.14 | 21.17 | 21.72 |
| Unsecured loans | 8.97 | 5.48 | 10.72 | 18.35 | 19.66 | 15.15 |
| Total debt | 105 | 59.01 | 49.93 | 46.49 | 40.83 | 36.87 |
| Total liabilities | 237 | 167 | 111 | 92.56 | 68.22 | 60.54 |
| Assets | ||||||
| Gross block | 63.59 | 36.93 | 49.62 | 50.31 | 40.50 | 33.94 |
| Net block | 56.27 | 33.94 | 27.59 | 29.67 | 29.05 | 24.21 |
| Capital work in progress | 2.85 | 7.56 | 0.00 | 0.00 | 0.00 | 5.39 |
| Investments | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 18.50 | 20.10 | 10.29 | 8.83 | 11.41 | 6.99 |
| Sundry debtors | 205 | 148 | 91.48 | 57.08 | 50.61 | 33.37 |
| Cash & bank balances | 13.23 | 13.48 | 2.08 | 0.18 | 2.79 | 1.88 |
| Loans & advances | 50.26 | 40.31 | 21.09 | 16.79 | 11.34 | 5.70 |
| Total current assets | 287 | 222 | 125 | 82.88 | 76.15 | 47.94 |
| Total current liabilities | 128 | 103 | 41.91 | 22.23 | 36.60 | 19.74 |
| Net working capital | 159 | 120 | 83.03 | 60.65 | 39.55 | 28.20 |
| Total assets | 237 | 167 | 111 | 92.56 | 68.22 | 60.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|
| Opening cash | 6.86 | 0.36 | 0.18 | 0.11 | 1.88 | 3.11 |
| Net cash from operating activities | (11.60) | 11.53 | 7.78 | (0.34) | 2.62 | 0.23 |
| Net cash from investing activities | (25.33) | (20.62) | (0.52) | (3.09) | 2.04 | (3.50) |
| Net cash from financing activities | 32.53 | 15.59 | (5.36) | 3.50 | (3.75) | 2.05 |
| Net change in cash | (4.39) | 6.51 | 1.89 | 0.07 | 0.91 | (1.23) |
| Closing cash | 13.23 | 13.48 | 2.08 | 0.18 | 2.79 | 1.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +26.3% | +84.3% | +37.8% | - | +58.5% | - |
| EBITDA growth | -9.7% | +62.6% | +22.1% | - | +45.9% | - |
| PBT growth | -27.2% | +94.9% | +26.2% | +233.9% | +69.3% | +9997.0% |
| Net income growth | -26.9% | +87.1% | +38.7% | - | +48.6% | - |
| Revenue CAGR (3Y) | +47.5% | +34.2% | +27.6% | - | - | - |
| EBITDA CAGR (3Y) | +21.5% | +59.4% | +53.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +5.6% | +9.6% | +8.6% | +9.4% | +2.9% | +3.0% |
| Return on capital employed | +21.9% | +36.3% | +29.5% | +25.8% | +17.7% | +13.4% |
| Return on net worth | +18.9% | +36.6% | +28.1% | +25.7% | +14.9% | +10.8% |
| Debt / equity | 0.69 | 0.65 | 0.91 | 1.02 | 1.54 | 1.58 |
| Long-term debt / equity | 0.14 | 0.19 | 0.27 | 0.32 | 0.59 | 0.67 |
| Interest cover | 32.55 | 17.65 | 29.57 | 29.67 | 60.11 | 71.89 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 8.00 | 7.35 | 4.07 | 2.93 | 3.54 | 2.49 |
| Inventory turnover | 20.82 | 20.94 | 21.28 | 16.70 | 14.32 | 12.10 |
| Debtors turnover | 2.27 | 2.65 | 2.74 | 2.58 | 3.14 | 2.53 |
| EPS (₹) | 21.10 | 29.04 | 14.44 | 17.08 | 6.16 | 4.14 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.20 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 123.34 | 101.56 | 58.59 | 66.52 | 44.55 | 38.39 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 31.85 | 90.87 | 17.74 | 119 | 75.88 | 164 | 47.72 |
| Revenue growth (YoY) | -58.0% | -44.5% | -62.8% | - | - | - | - |
| Other income | 0.43 | 0.66 | 0.47 | 0.37 | 0.23 | 0.62 | 0.64 |
| Total expenses | 25.57 | 80.86 | 23.01 | 92.76 | 69.07 | 148 | 31.08 |
| EBITDA | 6.28 | 10.01 | (5.27) | 26.33 | 6.81 | 16.19 | 16.64 |
| EBITDA margin | +19.7% | +11.0% | -29.7% | +22.1% | +9.0% | +9.9% | +34.9% |
| Depreciation | 1.14 | 1.19 | 1.26 | 0.87 | 0.94 | 0.89 | 0.83 |
| Interest | 4.04 | 3.95 | 3.95 | 3.18 | 2.72 | 2.23 | 2.63 |
| Profit before tax | 1.53 | 5.53 | (10.01) | 22.65 | 3.38 | 13.69 | 13.82 |
| Tax | 0.39 | 1.72 | (2.52) | 5.70 | 0.85 | 3.89 | 2.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 304 | 316 | 173 | 125 | 41.56 | 36.65 | 59.39 |
| Revenue growth | -4.0% | +83.2% | +37.8% | +201.4% | +13.4% | -38.3% | - |
| Other income | 1.63 | 1.68 | 0.83 | 0.46 | 0.67 | 0.21 | 0.29 |
| Total expenses | 266 | 265 | 141 | 99.01 | 36.02 | 29.97 | 51.37 |
| Employee cost | 17.53 | 16.54 | 8.98 | 5.04 | 2.02 | 1.52 | 3.40 |
| EBITDA | 37.94 | 51.66 | 32.05 | 26.26 | 5.54 | 6.68 | 8.02 |
| EBITDA margin | +12.5% | +16.3% | +18.6% | +21.0% | +13.3% | +18.2% | +13.5% |
| Depreciation | 4.26 | 2.99 | 2.83 | 2.80 | 2.81 | 2.60 | 2.34 |
| Interest | 13.73 | 8.67 | 8.64 | 6.96 | 3.07 | 4.10 | 5.39 |
| Profit before tax | 21.58 | 41.68 | 21.41 | 16.96 | 0.33 | 0.19 | 0.58 |
| Tax | 5.75 | 11.08 | 6.53 | 5.21 | (0.23) | (0.26) | 0.29 |
| Net profit | 15.81 | 30.51 | 16.32 | 11.77 | 0.56 | 0.45 | 0.32 |
| Net profit margin | +5.2% | +9.7% | +9.5% | +9.4% | +1.4% | +1.2% | +0.5% |
| EPS (₹) | 14.95 | 29.01 | 14.44 | 17.08 | 0.95 | 0.74 | 0.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.58 | 10.55 | 10.31 | 6.87 | 6.09 | 6.09 | 6.09 |
| Reserves & surplus | 113 | 96.57 | 50.09 | 38.84 | 22.42 | 21.85 | 21.40 |
| Shareholders' funds (net worth) | 124 | 107 | 60.40 | 45.71 | 28.51 | 27.94 | 27.49 |
| Secured loans | 96.35 | 53.53 | 39.21 | 28.14 | 19.88 | 22.09 | 20.07 |
| Unsecured loans | 6.73 | 3.12 | 10.72 | 18.35 | 21.62 | 17.07 | 20.65 |
| Total debt | 103 | 56.65 | 49.93 | 46.49 | 41.50 | 39.16 | 40.72 |
| Total liabilities | 228 | 164 | 111 | 92.56 | 70.15 | 67.37 | 68.46 |
| Assets | |||||||
| Gross block | 49.10 | 32.95 | 49.62 | 50.31 | 47.79 | 45.79 | 42.17 |
| Net block | 41.86 | 29.96 | 27.59 | 29.67 | 29.24 | 29.84 | 28.62 |
| Capital work in progress | 2.85 | 4.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 11.89 | 9.23 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 16.46 | 20.10 | 10.29 | 8.83 | 13.27 | 8.79 | 9.73 |
| Sundry debtors | 176 | 147 | 91.48 | 57.08 | 24.18 | 29.97 | 38.54 |
| Cash & bank balances | 11.26 | 13.34 | 1.98 | 0.18 | 0.11 | 0.47 | 0.69 |
| Loans & advances | 62.62 | 37.38 | 21.09 | 16.79 | 12.39 | 9.37 | 10.56 |
| Total current assets | 266 | 218 | 125 | 82.88 | 49.95 | 48.60 | 59.52 |
| Total current liabilities | 106 | 102 | 41.91 | 22.23 | 11.33 | 12.68 | 21.33 |
| Net working capital | 160 | 116 | 82.93 | 60.65 | 38.62 | 35.92 | 38.19 |
| Total assets | 228 | 164 | 111 | 92.56 | 70.15 | 67.37 | 68.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.73 | 0.26 | 0.18 | 0.11 | 0.47 | 0.69 | 2.79 |
| Net cash from operating activities | (18.63) | 11.77 | 7.78 | (0.34) | 2.71 | 8.62 | 6.56 |
| Net cash from investing activities | (20.43) | (22.69) | (0.57) | (3.09) | (2.34) | (3.32) | (3.73) |
| Net cash from financing activities | 32.83 | 17.39 | (5.41) | 3.50 | (0.73) | (5.51) | (4.93) |
| Net change in cash | (6.24) | 6.47 | 1.80 | 0.07 | (0.36) | (0.22) | (2.10) |
| Closing cash | 11.26 | 13.34 | 1.98 | 0.18 | 0.11 | 0.47 | 0.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.0% | +83.2% | +37.8% | +201.4% | +13.4% | -38.3% | - |
| EBITDA growth | -26.6% | +61.2% | +22.1% | +374.0% | -17.1% | -16.7% | - |
| PBT growth | -48.2% | +94.7% | +26.2% | +5039.4% | +73.7% | -67.2% | -88.7% |
| Net income growth | -48.2% | +87.0% | +38.7% | +2001.8% | +24.4% | +40.6% | - |
| Revenue CAGR (3Y) | +34.4% | +96.7% | +67.6% | +28.3% | -31.9% | -23.9% | +5.4% |
| EBITDA CAGR (3Y) | +13.1% | +110.5% | +68.7% | +48.5% | -24.6% | -8.9% | +12.5% |
| Profitability & leverage | |||||||
| Net income margin | +5.2% | +9.7% | +8.6% | +9.4% | +1.4% | +1.2% | +0.5% |
| Return on capital employed | +18.0% | +36.6% | +29.5% | +29.4% | +5.0% | +6.3% | +8.9% |
| Return on net worth | +13.7% | +36.5% | +28.1% | +31.6% | +2.1% | +1.6% | +1.2% |
| Debt / equity | 0.69 | 0.64 | 0.91 | 1.19 | 1.43 | 1.44 | 1.49 |
| Long-term debt / equity | 0.13 | 0.18 | 0.27 | 0.40 | 0.49 | 0.45 | 0.49 |
| Interest cover | 40.77 | 17.81 | 29.57 | 29.67 | 112.45 | 100.49 | 94.89 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.41 | 7.66 | 4.07 | 3.01 | 0.89 | 0.83 | 1.44 |
| Inventory turnover | 16.62 | 20.82 | 21.28 | 13.35 | 3.77 | 3.96 | 5.62 |
| Debtors turnover | 1.88 | 2.65 | 2.74 | 3.63 | 1.53 | 1.07 | 1.33 |
| EPS (₹) | 14.95 | 29.01 | 14.44 | 17.08 | 0.95 | 0.74 | 0.49 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 117.15 | 101.52 | 58.59 | 66.52 | 46.81 | 45.86 | 45.12 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for RMC Switchgears Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of RMC Switchgears Limited
RMC Switchgears has 9 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Agrawal Also directs: RMC Nextgen Systems LLP, RMC Solar Park Private Limited, RMC Solar One Private Limited and 5 more | Whole-Time Director | 20 Nov 2008 | 17 Years 11 Months | Current |
| Ashok Kumar Agarwal Also directs: RMC Nextgen Systems LLP, RMC Solar Park Private Limited, RMC Solar One Private Limited and 5 more | Managing Director | 23 Aug 1994 | 32 Years 1 Months | Current |
| Neha Agarwal | Whole-Time Director | 28 Jun 2016 | 10 Years 3 Months | Current |
| Kuldeep Kumar Gupta Also directs: Shera Energy Limited, Eternity Pharmacy Private Limited, K.K.G. Securities Pvt Ltd and 1 more | Director | 17 Jul 2020 | 6 Years 3 Months | Current |
| Krati Agarwal | Director | 17 Jul 2020 | 6 Years 3 Months | Current |
| Shriram Vishwasrao Mane Also directs: Eco Green Realty LLP | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer Comparison of RMC Switchgears Limited
RMC Switchgears Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RMC Switchgears Limited this company | ₹401.92 Cr (FY 2026) | •••• | •••• | 26.3% | •••• | Jaipur, Rajasthan, India |
| Advance Panels and Switchgears Private Limited | ₹333.39 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Fybros Moddular Private Limited | ₹329.08 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Norisys Technology Private Limited | ₹324.98 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Raksan Transformers Limited | ₹324.79 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | New Delhi, Delhi, India |
| L&T - Mhi Power Turbine Generators Private Limited | ₹319.93 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Best Power Equipments India Private Limited | ₹314.37 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Creative Manufacturing Solutions (India) Private Limited | ₹312.75 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Pernem, Goa, India |
| Swelect HHV Solar Photovoltaics Private Limited | ₹311.82 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Chennai, Tamil Nadu, India |
| Jainco Transmission Limited | ₹309.95 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Kolkata, West Bengal, India |
| Tulika Appliances Private Limited | ₹306.16 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below RMC Switchgears by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of RMC Switchgears Limited
RMC Switchgears Limited is audited by RAKESH ASHOK & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH ASHOK & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Shareholding Pattern of RMC Switchgears Limited
Shareholding for the quarter ended Sep 2026: promoters hold 52.00%, foreign institutional investors hold 2.70%, domestic institutional investors hold 0.50% and retail and other public shareholders hold 44.80%.
Sep 2026
QUARTER
52.00% Promoters
0.50% DII (Domestic Institutional)
2.70% FII (Foreign Institutional)
44.80% Retail & Others
Promoter holding - history
Now 52.00% · Sep 2026High 52.10% · Dec 2025Low 52.00% · Jun 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 52.00% | 52.00% | 52.10% | 52.10% |
| Public | 48.00% | 48.00% | 47.90% | 47.90% |
Charges & Borrowings of RMC Switchgears Limited
Open charges
₹247.74 Cr
Satisfied charges
₹221.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2026 | Canara Bank | ₹4.5 Cr | Open |
| 15 Jun 2026 | Indian Bank | ₹2.29 Cr | Open |
| 06 Jun 2026 | Others | ₹7.23 Cr | Open |
| 06 Jun 2026 | Hdfc Bank Limited | ₹2.95 Cr | Open |
| 30 May 2026 | Others | ₹5 Cr | Open |
Total charge records: 43 View all charges
Deals & Funding of RMC Switchgears Limited
RMC Switchgears Limited has 22 deals on record (21 market trades, 1 ipo); the latest was in May 2026.
Total deals
22
Market trades
21
IPO
1
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹2.2 Cr | Seller: Argent Leasing and Finance Private Limited |
| Aug 2023 | Market trade | ₹7.2 Cr | Buyer: Blue Lotus Capital Multi Bagger Fund Ii, India Emerging Giants Fund Limited Seller: Argent Leasing and Finance Private Limited |
| Aug 2023 | Market trade | ₹4.54 Cr | Buyer: Seven Alpha Investors Private Limited Seller: Argent Leasing and Finance Private Limited |
| Oct 2022 | Market trade | ₹1.81 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited , an individual Seller: Multiplier Share and Stock Advisors Private Limited |
| Sep 2022 | Market trade | ₹2.29 Cr | Buyer: Bonanza Portfolio (Ifsc) Private Limited , Multiplier Share and Stock Advisors Private Limited , an individual Seller: Multiplier Share and Stock Advisors Private Limited , Bonanza Portfolio (Ifsc) Private Limited , an individual |
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Full deal history
All 22 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of RMC Switchgears Limited
RMC Switchgears Limited has 32 court cases on record: 15 filed by RMC Switchgears, 16 filed against it, 1 where it is another party. 12 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
32
Filed by the company
15
Filed against the company
16
Pending
12
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 16 | 9 |
| High courts | 11 | 0 | 3 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Stmicroelectronics Private Limited | Disposed |
| District court, Faridabad, Haryana | Criminal miscellaneous application | Filed against the company by Crystic Resins India Private Limited | Disposed |
| District court, Faridabad, Haryana | Court case (APP) | Filed by the company against Crystic Resins (India) Private Limited | Disposed |
| High Court of Gujarat | Appeal | Filed by the company against Uttar Gujarat Vij Company Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Uttar Gujarat Vij Company Limited | Disposed |
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Full case history
All 32 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at RMC Switchgears Limited
RMC Switchgears Limited has a workforce of 29 employees as of Apr 05, 2024.
Employee count
29
Active EPFO establishments
1
Employee growth
70.59%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on RMC Switchgears Limited
RMC Switchgears Limited has 37 board changes on record since 1994: 23 appointments and 14 cessations. The latest: Dilip Pahilajrai Panjwani was appointed as Director on 12 Sep 2026.
Charges
A charge registered on 31 Mar 2026 via Charge ID 101273416 with Others was fully satisfied on 05 Oct 2026.
AGM
Rmc Switchgears Limited last Annual general meeting of members was held on 19 Sep 2026 as per latest MCA records.
Appointed
Dilip Pahilajrai Panjwani was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 4.50 Cr with Charge ID 101334794 was registered on 22 Jun 2026.
Charges
A charge with Indian Bank amounted to Rs. 2.29 Cr with Charge ID 101328556 was registered on 15 Jun 2026.
Charges
A charge with Others amounted to Rs. 7.23 Cr with Charge ID 101311874 was registered on 06 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.95 Cr with Charge ID 101355216 was registered on 06 Jun 2026.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101310969 was registered on 30 May 2026.
Filing
Rmc Switchgears Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 101273416 was registered on 31 Mar 2026.
Charges
A charge with Sidbi amounted to Rs. 1.14 Cr with Charge ID 101278879 was registered on 27 Mar 2026.
Appointed
Manisha Godara was appointed as Director.
102 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for RMC Switchgears Limited
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MSME Payment Delays by RMC Switchgears Limited
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Subsidiaries & Group Companies of RMC Switchgears Limited
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GST Compliance of RMC Switchgears Limited
RMC Switchgears has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACR6750K1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 27AAACR6750K1Z3 | Maharashtra | Active | 18 Apr 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of RMC Switchgears Limited
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Related news about RMC Switchgears Limited
Frequently Asked Questions about RMC Switchgears Limited
RMC Switchgears is an active public limited company based in Jaipur, Rajasthan, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 August 1994 (32+ years old) and is registered under CIN L25111RJ1994PLC008698. Listed on BSE: 540358 and NSE: RMC.
RMC Switchgears reported revenue of ₹401.92 Cr for FY 2025-26 (up 26.3% YoY) based on consolidated financials.
RMC Switchgears has 9 current directors:
- Ashok Kumar Agarwal - Managing Director
- Ankit Agrawal - Whole-Time Director
- Neha Agarwal - Whole-Time Director
- Kuldeep Kumar Gupta - Director
- Krati Agarwal - Director
- Shriram Vishwasrao Mane - Director
- Manisha Godara - Director
- Akhilesh Kumar Jain - Director
- Dilip Pahilajrai Panjwani - Director
The GSTIN of RMC Switchgears is 08AAACR6750K1Z3, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACR6750K1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of RMC Switchgears is L25111RJ1994PLC008698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. RMC Switchgears is listed on both BSE (code: 540358) and NSE (symbol: RMC).
RMC Switchgears has 32 court cases on record: 15 filed by the company and 16 filed against it. 12 are pending. Most are in the district courts.
RMC Switchgears was incorporated on 23 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Jaipur.
RMC Switchgears has 22 deals on record (21 market trades, 1 ipo); the latest was in May 2026.
The peers of RMC Switchgears by revenue are Advance Panels and Switchgears Private Limited, Fybros Moddular Private Limited, Norisys Technology Private Limited, Raksan Transformers Limited, L&T - Mhi Power Turbine Generators Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Dilip Pahilajrai Panjwani was appointed as Director on 12 Sep 2026. Manisha Godara was appointed as Director on 02 Mar 2026. Anil Jain ceased to be Additional Director on 24 Sep 2025. RMC Switchgears has 37 board changes on record in total.