RMC Switchgears Ltd Stock Price Today (NSE: RMC)

RMC Switchgears Ltd

0.00+0.00 (+0.00%)
Market Closed

Fundamental Score

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RMC Switchgears Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

RMC Switchgears Ltd share price today is 0.00, up +0.00% on NSE/BSE as of 23 July 2026. RMC Switchgears Ltd (RMC) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of 314.88 (Cr). The 52-week high for RMC share price is N/A and the 52-week low is 245.00. At a P/E ratio of 13.99x, RMC is currently trading below 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 0.81.

RMC Switchgears Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
366.45
Low
0.00
Volume
5.9K
Change
-100.00%

RMC Switchgears Ltd share price chart: -100.00% return over the past month. 52-week high ₹N/A, 52-week low ₹245.00.

RMC Switchgears Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
NaNNaNNaNNaN6.92K (Cr)
NaNNaNNaNNaN4.32K (Cr)
280.95281.40267.95269.505.58K (Cr)
292.55293.90278.00279.007.28K (Cr)
291.50297.55291.00293.051.83K (Cr)
294.95300.00290.40294.952.51K (Cr)
NaNNaNNaNNaN2.63K (Cr)
292.50297.45290.50291.005.58K (Cr)
297.10298.35293.05294.608.71K (Cr)
306.60310.75300.30301.004.19K (Cr)

RMC Switchgears Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
314.50NaNNaNNaNNaN%
370.45370.45282.30311.40-15.94%
460.20484.95379.00389.90-15.28%
370.50537.00370.00477.55+28.89%
370.70454.50352.60353.25-4.71%
394.00526.75375.20410.85+4.28%
415.50430.00300.00386.30-7.03%
494.10508.00401.50415.35-15.94%
701.20742.00494.05496.75-29.16%
714.00828.00680.00700.10-1.95%
815.25826.10690.50699.40-14.21%
853.85897.00773.10815.25-4.52%

AI Research Briefing

Powered by Gemini · 2026-04-15

Overpriced microcap banking on government capex. Momentum trade until the music stops.

Research Confidence
5.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown - 1M: -31.22%, 3M: -39.16%, 6M: -41.48%.Expensive - P/E 12.47x vs Industry P/E 33.84x.

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.

Why Now
  • Main board migration complete
  • Strong H1 FY26 results
  • Healthy order book
Potential Catalysts
  • Significant new order wins
  • Faster execution of existing orders
  • Increased institutional investor interest
Key Risks
  • Microcap liquidity risk
  • Promoter stake increase via gift
  • Dependence on government contracts
  • Withdrawal of Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024
Institutional Activity

FII down 0.22%, DII up 0.21% — mixed signals.

Macro Context

Government capex on power infra a tailwind, but policy changes a risk.

Cash Flow Quality

Free Cash Flow 5Y: ₹12.89 Cr - Profit not consistently converting to cash.

3–6 Month Outlook

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

Good

Return on Equity (ROE)

18.96%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

22.01%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

RMC Switchgears Ltd Valuation Check

Excellent

Price to Earnings (P/E)

13.99x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

31.11x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

51.97%

% shares held by company founders/management

Poor

FII Holding

2.70%

% shares held by foreign institutional investors

Poor

DII Holding

0.48%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-5.89%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-13.71%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.81x

Total debt ÷ equity. Below 0.5 = financially healthy

Good

Interest Coverage Ratio

3.19x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

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 Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of RMC across key market metrics for learning purposes.

Positive Indicators

5 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.

Attractive Valuation (P/E: 13.99 vs Industry: 31.11)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

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

3 factors identified

Revenue Contraction (-13.71%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

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 Ltd vs Other Electrical Equipment Peers

Peer Comparison - Other Electrical Equipment

Compare RMC Switchgears Ltd with 10 other companies in the same sector

11 companies
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
0
₹314.88
14.0
Average
18.96%
Good
22.01%
Excellent
0.8
Good
0.00%
80.1/100
2813
₹80922.04
20.6
Average
32.83%
Excellent
38.78%
Excellent
0.2
Excellent
143.12%
Excellent
68.52%
Excellent
0.07%
88.1/100
1020
₹10380.32
21.5
Average
69.12%
Excellent
85.38%
Excellent
0.1
Excellent
190.31%
Excellent
237.56%
Excellent
0.10%
52.4/100
102
₹4263.06
14.0
Average
66.94%
Excellent
63.18%
Excellent
0.2
Excellent
99.10%
Excellent
46.86%
Excellent
0.00%
73.3/100
1435
₹3003.68
11.9
Average
39.64%
Excellent
39.61%
Excellent
0.7
Good
222.80%
Excellent
122.17%
Excellent
0.00%
67.9/100
759
₹2802.06
72.0
Average
23.47%
Excellent
28.66%
Excellent
0.2
Excellent
58.25%
Excellent
44.45%
Excellent
0.10%
66/100
848
₹2268.22
11.2
Average
51.96%
Excellent
43.53%
Excellent
1.0
Good
131.96%
Excellent
71.80%
Excellent
0.00%
31.7/100
579
₹1068.93
20.0
Average
9.61%
Poor
11.38%
Average
0.9
Good
21.02%
Excellent
23.15%
Excellent
0.41%
55/100
1211
₹935.21
30.0
Average
7.74%
Poor
10.71%
Average
0.3
Excellent
56.11%
Excellent
-0.81%
Poor
0.04%
57/100
159
₹529.68
43.1
Average
11.80%
Average
14.32%
Average
0.2
Excellent
42.52%
Excellent
14.08%
Good
0.00%
59.2/100
209
₹528.56
25.9
Average
19.40%
Good
21.51%
Excellent
0.4
Excellent
137.59%
Excellent
39.99%
Excellent
0.00%

RMC Switchgears Ltd PE Ratio History

Historical price-to-earnings ratio for RMC — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202414.44₹1111.0576.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

RMC Switchgears Ltd Dividend History

Annual cash dividends paid by RMC — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20240.21 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

RMC Switchgears Ltd 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 Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for RMC — calculated from daily price history

NaNRSI 14
Neutral — RSI NaN

Momentum is balanced — neither overbought nor oversold.

SMA 50
NaN
▼ Price below SMA 50 — Short-term bearish
SMA 200
NaN
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
8K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

RMC Switchgears Ltd Financial Statements

Annual income statement, balance sheet and cash flow for RMC Switchgears Ltd (RMC) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for RMC Switchgears Ltd

About RMC (RMC Switchgears Ltd)

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

Symbol:RMC
Industry:Other Electrical Equipment
Sector:Other Electrical Equipment

Key Leadership

Mr. Ashok Kumar Agarwal
Chairman & MD
Mr. Ankit Agarwal
CEO & Whole-Time Director
Ms. Neha Agarwal
CFO & Executive Director

RMC Share Price: Frequently Asked Questions

What is the current share price of RMC Switchgears Ltd?

RMC Switchgears Ltd (RMC) trades at ₹N/A on NSE and BSE. Market cap ₹314.88 (Cr). Educational data only.

What is the P/E ratio of RMC Switchgears Ltd?

RMC Switchgears Ltd has a P/E of 13.99x vs industry average 31.11x.

What is the Bull Run score for RMC Switchgears Ltd?

RMC Switchgears Ltd has a Bull Run score of 26.7/100 based on 25+ financial parameters.

Does RMC Switchgears Ltd pay dividends?

RMC Switchgears Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of RMC Switchgears Ltd?

RMC Switchgears Ltd has ROE of 18.96%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of RMC Switchgears Ltd?

RMC Switchgears Ltd has debt-to-equity of 0.81.

Is RMC Switchgears Ltd a good investment?

Bull Run gives RMC Switchgears Ltd a score of 26.7/100. This is not investment advice — consult a SEBI-registered advisor.