RMC Switchgears Ltd Stock Price Today (NSE: RMC)
Fundamental Score
RMC Switchgears Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
RMC Switchgears Ltd share price today is ₹312.15, up +3.41% on NSE/BSE as of 8 June 2026. RMC Switchgears Ltd (RMC) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹506.92 (Cr). The 52-week high for RMC share price is ₹897.00 and the 52-week low is ₹300.00. At a P/E ratio of 12.47x, RMC is currently trading below its industry average P/E of 33.84x. The company has a Return on Equity (ROE) of 37.54% and a debt-to-equity ratio of 0.59.
RMC Switchgears Ltd Share Price Chart — NSE/BSE Historical Performance
RMC Switchgears Ltd share price chart: -19.83% return over the past month. 52-week high ₹897.00, 52-week low ₹300.00.
RMC Switchgears Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹351.95 | ₹366.75 | ₹351.95 | ₹351.95 | 39.04K (Cr) | |
| ₹370.45 | ₹370.45 | ₹370.45 | ₹370.45 | 2.74K (Cr) | |
| ₹400.00 | ₹412.00 | ₹381.05 | ₹389.90 | 19.91K (Cr) | |
| ₹380.00 | ₹400.75 | ₹380.00 | ₹400.75 | 61.62K (Cr) | |
| ₹392.00 | ₹394.95 | ₹379.00 | ₹381.70 | 10.95K (Cr) | |
| ₹401.00 | ₹404.00 | ₹383.00 | ₹388.05 | 20.55K (Cr) | |
| ₹392.00 | ₹403.65 | ₹390.05 | ₹398.10 | 8.39K (Cr) | |
| ₹410.00 | ₹413.00 | ₹390.00 | ₹393.80 | 4.47K (Cr) | |
| ₹420.00 | ₹420.00 | ₹396.50 | ₹400.00 | 2.21K (Cr) | |
| ₹415.30 | ₹421.00 | ₹410.05 | ₹411.85 | 2.52K (Cr) |
RMC Switchgears Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹370.45 | ₹370.45 | ₹351.95 | ₹351.95 | -4.99% | |
| ₹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% | |
| ₹815.25 | ₹826.10 | ₹690.50 | ₹699.40 | -14.21% | |
| ₹853.85 | ₹897.00 | ₹773.10 | ₹815.25 | -4.52% | |
| ₹784.05 | ₹874.00 | ₹707.50 | ₹836.60 | +6.70% |
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 Ltd 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 Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of RMC across key market metrics for learning purposes.
Positive Indicators
12 factors identified
Strong Return on Equity (37.54%)
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 (37.19%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (18.12%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Attractive Valuation (P/E: 12.47 vs Industry: 33.84)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (90.05%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (86.07%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (39.73% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (141.58% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (148.72% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Strong Interest Coverage (5.98x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (52.07%)
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
2 factors identified
Limited Institutional Interest (FII+DII: 5.84%)
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
| 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 |
RMC Switchgears LtdRMC Switchgears...Selected✓ RMC • 540358 | 68.8/100 | ₹312.15₹312 | ₹506.92₹506.92 | 12.47Average 12.5 Average | 37.54%Excellent 37.54% Excellent | 37.19%Excellent 37.19% Excellent | 0.59Good 0.6 Good | 148.72%Excellent 148.72% Excellent | 39.73%Excellent 39.73% Excellent | 0.00% |
Waaree Energies LtdWaaree Energies... WAAREEENER • 544277 | 71.5/100 | ₹3085.30₹3085 | ₹91438.11₹91438.11 | 33.84Average 33.8 Average | 27.42%Excellent 27.42% Excellent | 34.94%Excellent 34.94% Excellent | 0.26Excellent 0.3 Excellent | 113.45%Excellent 113.45% Excellent | 48.57%Excellent 48.57% Excellent | 0.06% |
Premier Energies LtdPremier Energie... PREMIERENE • 544238 | 64.5/100 | ₹1046.00₹1046 | ₹44040.04₹44040.04 | 36.88Average 36.9 Average | 53.55%Excellent 53.55% Excellent | 41.12%Excellent 41.12% Excellent | 0.47Excellent 0.5 Excellent | 90.49%Excellent 90.49% Excellent | 47.08%Excellent 47.08% Excellent | 0.10% |
Apar Industries LtdApar Industries... APARINDS • 532259 | 65.3/100 | ₹13426.00₹13426 | ₹36085.34₹36085.34 | 38.41Average 38.4 Average | 19.50%Good 19.50% Good | 32.70%Excellent 32.70% Excellent | 0.14Excellent 0.1 Excellent | 43.37%Excellent 43.37% Excellent | 20.14%Excellent 20.14% Excellent | 0.57% |
Waaree Renewable Technologies LtdWaaree Renewabl... WAAREERTL • 534618 | 74.9/100 | ₹941.10₹941 | ₹10979.37₹10979.37 | 31.09Average 31.1 Average | 65.56%Excellent 65.56% Excellent | 82.31%Excellent 82.31% Excellent | 0.12Excellent 0.1 Excellent | 142.51%Excellent 142.51% Excellent | 208.91%Excellent 208.91% Excellent | 0.09% |
Genus Power Infrastructures LtdGenus Power Inf... GENUSPOWER • 530343 | 58.9/100 | ₹318.55₹319 | ₹9570.41₹9570.41 | 20.24Average 20.2 Average | 17.49%Good 17.49% Good | 19.21%Good 19.21% Good | 0.93Good 0.9 Good | 25.78%Excellent 25.78% Excellent | 18.16%Excellent 18.16% Excellent | 0.78% |
Vikram SolarVikram Solar... VIKRAMSOLR • 544488 | 47.4/100 | ₹201.45₹201 | ₹9346.40₹9346.40 | 35.82Average 35.8 Average | 16.57%Good 16.57% Good | 26.45%Excellent 26.45% Excellent | 0.09Excellent 0.1 Excellent | 46.46%Excellent 46.46% Excellent | 15.86%Excellent 15.86% Excellent | 0.00% |
Diamond Power Infrastructure LtdDiamond Power I... DIACABS • 522163 | 29.8/100 | ₹198.20₹198 | ₹7856.11₹7856.11 | 127.18Average 127.2 Average | — — | — — | — — | — — | — — | 0.00% |
Avalon Technologies LtdAvalon Technolo... AVALON • 543896 | 54.2/100 | ₹1497.10₹1497 | ₹6368.58₹6368.58 | 72.82Average 72.8 Average | 10.35%Average 10.35% Average | 12.76%Average 12.76% Average | 0.25Excellent 0.3 Excellent | 39.01%Excellent 39.01% Excellent | 11.34%Good 11.34% Good | 0.00% |
67.8/100 | ₹1924.60₹1925 | ₹5112.09₹5112.09 | 22.09Average 22.1 Average | 48.35%Excellent 48.35% Excellent | 42.31%Excellent 42.31% Excellent | 0.50Excellent 0.5 Excellent | 188.74%Excellent 188.74% Excellent | 115.44%Excellent 115.44% Excellent | 0.00% | |
Shilchar Technologies LtdShilchar Techno... SHILCTECH • 531201 | 76.3/100 | ₹4074.80₹4075 | ₹4654.72₹4654.72 | 26.21Average 26.2 Average | 52.93%Excellent 52.93% Excellent | 71.30%Excellent 71.30% Excellent | 0.00Excellent 0.0 Excellent | 151.28%Excellent 151.28% Excellent | 54.29%Excellent 54.29% Excellent | 0.31% |
Top Other Electrical Equipment Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Waaree Energies Ltd share price91438.11 Cr
- Premier Energies Ltd share price44040.04 Cr
- Apar Industries Ltd share price36085.34 Cr
- Waaree Renewable Technologies Ltd share price10979.37 Cr
- Genus Power Infrastructures Ltd share price9570.41 Cr
RMC Switchgears Ltd 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 Ltd 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 Ltd Quarterly Performance
Latest quarterly metrics for RMC — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
86.07%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
90.05%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
39.73%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
148.72%
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
Momentum is balanced — neither overbought nor oversold.
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.
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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
Key Leadership
Corporate Events
RMC Share Price: Frequently Asked Questions
What is the current share price of RMC Switchgears Ltd?
RMC Switchgears Ltd (RMC) trades at ₹312.15 on NSE and BSE. Market cap ₹506.92 (Cr). Educational data only.
What is the P/E ratio of RMC Switchgears Ltd?
RMC Switchgears Ltd has a P/E of 12.47x vs industry average 33.84x.
What is the Bull Run score for RMC Switchgears Ltd?
RMC Switchgears Ltd has a Bull Run score of 68.8/100 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 37.54%. 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 0.59.
Is RMC Switchgears Ltd a good investment?
Bull Run gives RMC Switchgears Ltd a score of 68.8/100. This is not investment advice — consult a SEBI-registered advisor.