RMC Switchgears Limited Stock Price Today (NSE: RMC)
Fundamental Score
RMC Switchgears Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
RMC Switchgears Limited share price today is ₹619.25, down 0.56% on NSE/BSE as of 7 September 2026. RMC Switchgears Limited (RMC) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹655.28 (Cr). The 52-week high for RMC share price is ₹828.00 and the 52-week low is ₹220.05. At a P/E ratio of 57.44x, RMC is currently trading above its industry average P/E of 31.11x. The company has a Return on Equity (ROE) of 18.96% and a debt-to-equity ratio of 0.79.
RMC Switchgears Limited Share Price Chart — NSE/BSE Historical Performance
RMC Switchgears Limited share price chart: -9.01% return over the past month. 52-week high ₹828.00, 52-week low ₹220.05.
RMC Switchgears Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹225.30 | ₹236.00 | ₹224.41 | ₹233.54 | 40.56K (Cr) | |
| ₹225.00 | ₹237.33 | ₹220.11 | ₹225.97 | 85.08K (Cr) | |
| ₹232.41 | ₹232.82 | ₹220.05 | ₹221.42 | 83.91K (Cr) | |
| ₹240.00 | ₹240.35 | ₹230.00 | ₹232.45 | 58.15K (Cr) | |
| ₹246.45 | ₹247.05 | ₹239.05 | ₹240.35 | 32.94K (Cr) | |
| ₹250.40 | ₹256.95 | ₹243.65 | ₹246.45 | 50.14K (Cr) | |
| ₹257.00 | ₹258.20 | ₹248.60 | ₹249.45 | 39.64K (Cr) | |
| ₹252.30 | ₹262.25 | ₹252.30 | ₹256.75 | 24.14K (Cr) | |
| ₹252.95 | ₹255.00 | ₹249.55 | ₹253.50 | 15.05K (Cr) | |
| ₹259.95 | ₹259.95 | ₹250.30 | ₹251.50 | 24.73K (Cr) |
RMC Switchgears Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹240.00 | ₹240.35 | ₹220.05 | ₹233.54 | -2.69% | |
| ₹259.95 | ₹360.35 | ₹239.05 | ₹240.35 | -7.54% | |
| ₹314.50 | ₹327.00 | ₹245.00 | ₹251.35 | -20.08% | |
| ₹370.45 | ₹370.45 | ₹282.30 | ₹311.40 | -15.94% | |
| ₹460.20 | ₹484.95 | ₹379.00 | ₹389.90 | -15.28% | |
| ₹370.50 | ₹537.00 | ₹370.00 | ₹477.55 | +28.89% | |
| ₹370.70 | ₹454.50 | ₹352.60 | ₹353.25 | -4.71% | |
| ₹394.00 | ₹526.75 | ₹375.20 | ₹410.85 | +4.28% | |
| ₹415.50 | ₹430.00 | ₹300.00 | ₹386.30 | -7.03% | |
| ₹494.10 | ₹508.00 | ₹401.50 | ₹415.35 | -15.94% | |
| ₹701.20 | ₹742.00 | ₹494.05 | ₹496.75 | -29.16% | |
| ₹714.00 | ₹828.00 | ₹680.00 | ₹700.10 | -1.95% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Overpriced microcap banking on government capex. Momentum trade until the music stops.
WHAT'S HAPPENING NOW (last 2-4 weeks)
RMC Switchgears successfully migrated from the BSE SME platform to the main boards of both BSE and NSE, effective April 1, 2026. This dual listing aims to enhance market visibility and investor participation.
CORE STORY (THE REAL GAME)
RMC is being priced as a play on India's electrification and renewable energy push, specifically riding government schemes like RDSS and KUSUM. It's about smart meter enclosures, solar EPC, and power distribution contracts, not just switchgears.
- Main board migration complete
- Strong H1 FY26 results
- Healthy order book
- Significant new order wins
- Faster execution of existing orders
- Increased institutional investor interest
- Microcap liquidity risk
- Promoter stake increase via gift
- Dependence on government contracts
- Withdrawal of Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024
FII down 0.22%, DII up 0.21% — mixed signals.
Government capex on power infra a tailwind, but policy changes a risk.
Free Cash Flow 5Y: ₹12.89 Cr - Profit not consistently converting to cash.
3-6 months: Watch for order inflows and execution speed. Thesis hinges on continued government spending and RMC's ability to capitalize.
Primary Thesis Risk
Reliance on government contracts makes it vulnerable to policy changes and payment delays.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
RMC Switchgears Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
RMC Switchgears Limited Fundamental Analysis & Valuation Benchmarking
Educational evaluation of RMC across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Strong Return on Equity (18.96%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (22.01%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Balanced Promoter Holding (51.97%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
6 factors identified
Premium Valuation Risk (P/E: 57.44x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
High Price-to-Book Ratio (5.02x)
Observation: Trading at significant premium to book value.
Analysis: High P/B ratios may indicate overvaluation relative to asset base.
Revenue Contraction (-13.71%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Negative Free Cash Flow (₹-29.74 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 3.18%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
RMC Switchgears Limited vs Other Electrical Equipment Peers
Peer Comparison - Other Electrical Equipment
Compare RMC Switchgears Limited with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
26.7/100 | ₹619.25₹619 | ₹655.28₹655.28 | 57.44Average 57.4 Average | 18.96%Good 18.96% Good | 22.01%Excellent 22.01% Excellent | 0.79Good 0.8 Good | — — | — — | 0.00% | |
Waaree Energies LimitedWaaree Energies... WAAREEENER • 544277 | 80.1/100 | ₹2709.10₹2709 | ₹80922.04₹80922.04 | 29.28Average 29.3 Average | 30.89%Excellent 30.89% Excellent | 37.59%Excellent 37.59% Excellent | 0.17Excellent 0.2 Excellent | — — | — — | 0.07% |
Apar Industries LimitedApar Industries... APARINDS • 532259 | 67.8/100 | ₹17214.00₹17214 | ₹56877.95₹56877.95 | 98.83Average 98.8 Average | 19.74%Good 19.74% Good | 32.02%Excellent 32.02% Excellent | 0.16Excellent 0.2 Excellent | 43.51%Excellent 43.51% Excellent | 29.09%Excellent 29.09% Excellent | 0.36% |
Premier Energies LimitedPremier Energie... PREMIERENE • 544238 | 66.9/100 | ₹1014.70₹1015 | ₹49548.50₹49548.50 | 29.76Average 29.8 Average | 42.35%Excellent 42.35% Excellent | 36.34%Excellent 36.34% Excellent | 0.84Good 0.8 Good | — — | — — | 0.09% |
Diamond Power Infrastructure LimitedDiamond Power I... DIACABS • 522163 | 55.2/100 | ₹367.95₹368 | ₹11928.48₹11928.48 | 100.19Average 100.2 Average | — — | 12.41%Average 12.41% Average | -4.19Excellent -4.2 Excellent | — — | — — | 0.00% |
Avalon Technologies LimitedAvalon Technolo... AVALON • 543896 | 62.5/100 | ₹2197.30₹2197 | ₹11217.90₹11217.90 | 83.97Average 84.0 Average | 16.94%Good 16.94% Good | 23.43%Excellent 23.43% Excellent | 0.25Excellent 0.3 Excellent | — — | — — | 0.00% |
Waaree Renewable Technologies LimitedWaaree Renewabl... WAAREERTL • 534618 | 88.1/100 | ₹890.10₹890 | ₹10380.32₹10380.32 | 29.46Average 29.5 Average | 0.00%Poor 0.00% Poor | 84.13%Excellent 84.13% Excellent | 0.09Excellent 0.1 Excellent | — — | — — | 0.10% |
Genus Power Infrastructures LimitedGenus Power Inf... GENUSPOWER • 530343 | 57.5/100 | ₹314.55₹315 | ₹9600.36₹9600.36 | — — | 0.00%Poor 0.00% Poor | 31.04%Excellent 31.04% Excellent | 1.04Average 1.0 Average | — — | 50.83%Excellent 50.83% Excellent | 0.78% |
Vikram Solar LimitedVikram Solar Li... VIKRAMSOLR • 544488 | 69.1/100 | ₹177.11₹177 | ₹7023.51₹7023.51 | 33.70Average 33.7 Average | — — | — — | 0.03Excellent 0.0 Excellent | — — | — — | 0.00% |
Shilchar Technologies LimitedShilchar Techno... SHILCTECH • 531201 | 65.8/100 | ₹3944.00₹3944 | ₹5139.53₹5139.53 | — — | — — | — — | 0.00Excellent 0.0 Excellent | — — | — — | 0.28% |
Websol Energy System LimitedWebsol Energy S... WEBELSOLAR • 517498 | 52.4/100 | ₹86.93₹87 | ₹4263.06₹4263.06 | 13.59Average 13.6 Average | 66.69%Excellent 66.69% Excellent | 62.23%Excellent 62.23% Excellent | 0.19Excellent 0.2 Excellent | 34.90%Excellent 34.90% Excellent | 46.86%Excellent 46.86% Excellent | 0.00% |
Top Other Electrical Equipment Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Waaree Energies Limited share price80922.04 Cr
- Apar Industries Limited share price56877.95 Cr
- Premier Energies Limited share price49548.50 Cr
- Diamond Power Infrastructure Limited share price11928.48 Cr
- Avalon Technologies Limited share price11217.90 Cr
RMC Switchgears Limited PE Ratio History
Historical price-to-earnings ratio for RMC — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹14.44 | ₹1111.05 | 76.9x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
RMC Switchgears Limited Dividend History
Annual cash dividends paid by RMC — dividend yield N/A
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2024 | ₹0.21 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
RMC Switchgears Limited Quarterly Performance
Latest quarterly metrics for RMC — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-13.71%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-5.89%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
N/A
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
RMC Switchgears Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for RMC — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
RMC Switchgears Limited Financial Statements
Annual income statement, balance sheet and cash flow for RMC Switchgears Limited (RMC) — sourced from NSE/BSE filings.
Financial Results & Statements
Latest quarterly, annual and period-wise financial data for RMC Switchgears Limited
About RMC (RMC Switchgears Limited)
RMC Switchgears Ltd is a pioneering force in India's electrical equipment manufacturing sector, specializing in a diverse portfolio of solutions beyond conventional switchgear. The...y excel in the design and production of innovative enclosures and components crucial for modern electrical infrastructure. Their product line encompasses robust meter boxes engineered to safeguard energy meters, alongside versatile distribution and junction boxes tailored for efficient power management. Furthermore, RMC Switchgears leads in the fabrication of Fiber Reinforced Polymer (FRP) products, including durable gratings, checkered sheets, and cable trays, all known for their exceptional strength, corrosion resistance, and longevity. The company's commitment to quality and innovation makes them a trusted partner for projects demanding reliable and cutting-edge electrical solutions. Beyond their extensive product range, RMC Switchgears demonstrates a commitment to comprehensive service through the provision of specialized electrical infrastructure components. They offer pole-mounted street light boxes designed for safe and effective illumination, contributing to enhanced urban environments. Their expertise extends to the production of FRP V-cross arms, vital for overhead power transmission, showcasing their dedication to supporting efficient energy distribution networks. They also manufacture precision-engineered bus bars, essential components for high-current electrical systems. The company's integrated approach, combining product manufacturing with the supply of specialized components, positions them as a key player in facilitating the growth and modernization of India's power sector. RMC Switchgears extends their capabilities into turnkey solutions by actively engaging in Engineering, Procurement, and Construction (EPC) contracts within the power distribution and transmission sectors. Their participation in these large-scale projects underscores their proficiency in project management, engineering design, and efficient execution. This strategic involvement allows RMC Switchgears to provide end-to-end solutions, encompassing everything from initial design and procurement to installation and commissioning. By undertaking ECI contracts, RMC Switchgears significantly contributes to the development of reliable and resilient power infrastructure across India, solidifying their position as a comprehensive solution provider in the electrical engineering landscape.
Company Details
Key Leadership
Corporate Events
RMC Share Price: Frequently Asked Questions
What is the current share price of RMC Switchgears Limited?
RMC Switchgears Limited (RMC) trades at ₹619.25 on NSE and BSE. Market cap ₹655.28 (Cr). Educational data only.
What is the P/E ratio of RMC Switchgears Limited?
RMC Switchgears Limited has a P/E of 57.44x vs industry average 31.11x.
What is the Bull Run score for RMC Switchgears Limited?
RMC Switchgears Limited has a Bull Run score of 26.7/100 based on 25+ financial parameters.
Does RMC Switchgears Limited pay dividends?
RMC Switchgears Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of RMC Switchgears Limited?
RMC Switchgears Limited has ROE of 18.96%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of RMC Switchgears Limited?
RMC Switchgears Limited has debt-to-equity of 0.79.
Is RMC Switchgears Limited a good investment?
Bull Run gives RMC Switchgears Limited a score of 26.7/100. This is not investment advice — consult a SEBI-registered advisor.