RMC Switchgears Ltd (RMC) — shareholding pattern, promoter holding, financials and share price
About RMC Switchgears Ltd (RMC)
RMC Switchgears Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as RMC and on the BSE under scrip code 540358. Its ISIN is INE655V01019.
Incorporated in 1994, RMC Switchgears Ltd is in the business of Switchgear Engineering, ECI contracts for power distribution/ transmission sector [1]
RMC Switchgears Limited is a key player in India's electrical infrastructure sector, specializing in energy metering and distribution solutions.
The company achieved significant revenue growth in H1 FY26, posting a 111.5% increase year-on-year, emblematic of successful project executions across its verticals.
Listed peers in Other Electrical Equipment: Maxvolt Energy Industries Ltd, Delton Cables Ltd, Sugs Lloyd Ltd, Kaycee Industries Ltd, Prime Cable Industries Limited, Geekay Wires Ltd.
Valuation & Returns
10 Jul 2026At ₹300.3 a share on 10 Jul 2026, RMC Switchgears Ltd (RMC) was valued at a price-to-earnings ratio of 47.32x against an industry P/E of 52.37x and a price-to-book of 2.97x on a book value of ₹101.11 per share as of Mar 2025. Solomo computes return on equity of 6.28% and return on capital employed of 13.17% from filed results. Earnings ratios use standalone results for the twelve months Mar 2017 to Mar 2026.
- P/E
- 47.32x
- Industry P/E
- 52.37x
- P/B
- 2.97x
- EPS (TTM)
- ₹6.35
- Book value / share
- ₹101.11
- ROE
- 6.28%
- ROCE
- 13.17%
- ROA
- 2.5%
- Debt / equity
- 0.55x
- Dividend yield
- 0%
- EBITDA margin
- 12.31%
- 52-week range
- ₹245 – ₹897
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, RMC Switchgears Ltd (RMC) reported revenue of ₹402 crore, net profit of ₹22 crore and earnings per share of ₹21.28. That compares with revenue of ₹318 crore and net profit of ₹31 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹142.94 crore and net profit ₹9.27 crore (consolidated).
| Metric | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 132 | 125 | 172 | 318 | 402 |
| Net profit (₹ cr) | 4 | 12 | 15 | 31 | 22 |
| EPS (₹) | 4.12 | 11.4 | 14.44 | 29.82 | 21.28 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 22.34% | 44.41% | 107.83% | 84.30% |
| Profit growth | 73.61% | 153.41% | 278.98% | 111.28% |
| Stock price CAGR | - | 80% | -7% | -65% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.97% of RMC Switchgears Ltd (RMC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.7% and domestic institutional investors (DII) hold 0.48%. Market capitalisation was ₹318 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2017.
Largest disclosed public shareholders in Jun 2026: Iegfl - Multi Opportunity 2.68%, Ritu Bapna 1.9%, Vikram Karnawat 1.4%, Rashmi Rani Pahwa 1.27%, Sunit Karnawat 1.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.97% | - | 2.7% | 0.48% | 48.03% |
| Mar 2026 | 51.97% | - | 2.69% | 0.39% | 48.03% |
| Dec 2025 | 52.09% | - | 2.7% | 0.39% | 47.91% |
| Sep 2025 | 52.07% | - | 4.83% | 1.01% | 47.93% |
| Mar 2025 | 52.07% | - | 5.05% | 0.8% | 47.93% |
| Sep 2024 | 52.93% | - | 3.38% | 0.91% | 47.07% |
| Mar 2024 | 52.93% | - | 2.69% | 0.83% | 47.07% |
| Sep 2023 | 52.93% | - | 0.74% | 0.75% | 47.07% |