RMC Switchgears Ltd
RMCRMC Switchgears Ltd
RMC![](https://assets.tickertape.in/sector-icons/industrials.png)
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Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
— | 20.77 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
RMC Switchgears is engaged in business of designing and manufacturing of enclosures of energy meters,low tension/high tension distribution boxes and panels,junction boxes,feeder pillars and other power distribution and circuit protection switchgears
Peers
Compare with peersHavells India Ltd
Polycab India Ltd
Apar Industries Ltd
Kaynes Technology India Ltd
V Guard Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 55.86 | 52.37 | 84.13 | 132.61 | 59.68 | 36.86 | 42.23 | 125.73 | 173.46 | — | ||||||||||
Raw Materials | 25.93 | 20.56 | 41.81 | 80.26 | 36.60 | 21.94 | 26.72 | 74.15 | 140.57 | — | ||||||||||
Power & Fuel Cost | 1.05 | 1.19 | 1.69 | 2.57 | 1.15 | 1.18 | 1.03 | 1.71 | ||||||||||||
Employee Cost | 1.89 | 2.09 | 2.81 | 2.97 | 3.40 | 1.52 | 2.02 | 5.04 | ||||||||||||
Selling & Administrative Expenses | 2.33 | 2.82 | 4.52 | 5.37 | 2.76 | 2.18 | 2.86 | 7.32 | ||||||||||||
Operating & Other expenses | 17.55 | 18.44 | 23.46 | 27.67 | 7.46 | 3.15 | 3.38 | 10.80 | ||||||||||||
EBITDA | 7.11 | 7.27 | 9.84 | 13.77 | 8.31 | 6.89 | 6.22 | 26.71 | 32.89 | — | ||||||||||
Depreciation/Amortization | 1.34 | 1.53 | 1.74 | 2.29 | 2.34 | 2.60 | 2.81 | 2.80 | 2.83 | — | ||||||||||
PBIT | 5.77 | 5.74 | 8.10 | 11.48 | 5.97 | 4.29 | 3.41 | 23.91 | 30.06 | — | ||||||||||
Interest & Other Items | 4.61 | 4.27 | 5.09 | 6.36 | 5.39 | 4.10 | 3.07 | 6.96 | 8.64 | — | ||||||||||
PBT | 1.16 | 1.47 | 3.01 | 5.12 | 0.58 | 0.19 | 0.34 | 16.95 | 21.42 | — | ||||||||||
Taxes & Other Items | 0.93 | -0.05 | 0.49 | 1.31 | 0.29 | -0.26 | -0.23 | 5.21 | 6.53 | — | ||||||||||
Net Income | 0.23 | 1.52 | 2.52 | 3.81 | 0.29 | 0.45 | 0.57 | 11.74 | 14.89 | — | ||||||||||
EPS | 0.24 | 1.75 | 3.00 | 4.17 | 0.32 | 0.49 | 0.62 | 12.07 | 14.44 | — | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Company Updates
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
RMC Switchgears Ltd | 63.77 | 20.77 | — |
Havells India Ltd | 93.40 | 15.94 | 0.48% |
Polycab India Ltd | 56.84 | 12.30 | 0.44% |
Apar Industries Ltd | 43.56 | 9.27 | 0.57% |
Price Comparison
Compare RMC with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2023
Sep 2023
Oct 2023
Mar 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
RMC has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 21, 2023
Dividend/Share
₹0.20
Ex DateEx Date
Nov 21, 2023
RMC Switchgears has revised the meeting of the Board of Directors which was scheduled to be held on 29 August 2024. The meeting will now be held on 31 August 2024.Powered by Capital Market - Live
RMC Switchgears will hold a meeting of the Board of Directors of the Company on 29 August 2024.Powered by Capital Market - Live
The arm will set up the 50 MW renewable energy park under the Rajasthan Renewable Energy Policy 2023. The company said that this milestone further cements the parent company's entry into the Solar Park business, operating as a renewable IPP (Independent Power Producer). RMC is actively pursuing additional tenders exceeding 600 MWp and is engaging with both public and private sector entities to achieve the ambitious goal of securing 1 GWp in EPC contracts over the next 18 months, it added. By collaborating with installation and commissioning experts across multiple states and leveraging their in-house team of skilled designers and supervisors, RMC is positioning itself at the forefront of the green energy revolution. 'This strategic initiative not only reinforces RMC Switchgears role in advancing renewable energy but also contributes significantly to India's climate action commitments under the Paris Agreement. With a dedicated Business Development unit continuously seeking new opportunities, RMC's efforts in the renewable sector are aligned with India's goal of achieving 450 GW of renewable energy capacity by 2030,' the company stated in the press release. The company's expansion into solar projects helps reduce carbon emissions, foster economic growth, and create green jobs, thereby positioning India as a global leader in renewable energy technologies. This initiative underscores RMC's commitment to innovation and sustainability, highlighting its role in helping India meet its environmental targets, added the firm. Ankit Agrawal, CEO and whole-time director of RMC Switchgears, said, This approval marks a pivotal step in our journey as we transition into a renewable energy company, with solar plants as IPPs and EPC contracts for solar as our primary focus. Establishing its first 50 MW Renewable Energy Park is a testament to our commitment to participating in the strategic fossil energy substitution within India.' RMC Switchgears is primarily engaged in the business of `Switchgear Engineering', `ECI contracts for power distribution/ transmission sector'. The company's consolidated net profit jumped 21.96% to Rs 6.83 crore on 26.73% rise in revenue from operations to Rs 85.21 crore in Q4 FY24 over Q4 FY23. The counter hit an all-time high of Rs 937.90 in today's session. Powered by Capital Market - Live
RMC Switchgears will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live
Up to 1,100% returns! 23 SME wealth creators that delivered solid returns in FY23
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RMC Switchgears receives new order worth Rs14.24 crore from Eastern Power
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RMC Switchgears stock hits 52-week high on receipt of order worth Rs230.23 crore
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Stock of this SME electrical equipment maker has zoomed 500% in two months
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RMC Switchgears stock zooms 7% on receipt of order worth Rs9 crore
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Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.52%, vs industry avg of 9.39%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.24% to 0.2%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 31.34%, vs industry avg of -4.94%