RMC Switchgears

Why is RMC Switchgears Ltd falling/rising?

As of 11-Jun, RMC Switchgears Ltd's stock price is declining at Rs. 288.00, down 2.88% and significantly underperforming against the Sensex with a 1-month drop of 37.92%. The stock is trading below its moving averages and has seen a substantial decrease in investor interest, contributing to its bearish trend.

As of 11-Jun, RMC Switchgears Ltd is experiencing a decline in its stock price, currently at Rs. 288.00, which reflects a change of -8.55 (-2.88%). The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of -9.35% and a 1-month drop of -37.92%. <BR><BR>Today, the stock reached a new 52-week low of Rs. 282.3, indicating a downward trend. It has been losing value for the past two days, accumulating a total decline of -8.67% during this period. The stock's performance today has also lagged behind its sector by -3.13%. <BR><BR>Additionally, RMC Switchgears is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend. Investor participation has decreased significantly, with delivery volume dropping by -61.96% compared to the 5-day average, indicating reduced interest from investors. <BR><BR>Overall, these factors contribute to the stock's current falling price, reflecting a broader trend of underperformance over various periods.

What does RMC Switchgears do?

RMC Switchgears Ltd, a micro-cap company in the Other Electrical Equipment industry, was incorporated in 1994 and reported net sales of 143 Cr and a net profit of 9 Cr for March 2026. The company has a market cap of INR 328 Cr and key financial metrics include a P/E of 14.00 and a return on equity of 17.25%.

Overview:<BR>RMC Switchgears Ltd operates in the Other Electrical Equipment industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in 1994 as "RFH Metal Castings Private Limited" in Rajasthan. It later changed its status to a Public Limited Company and was renamed "RFH Metal Castings Limited" in December 2008. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 143 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 9 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 328 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 14.00<BR>- Industry P/E: 58<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.71<BR>- Return on Equity: 17.25%<BR>- Price to Book: 2.58<BR><BR>Contact Details:<BR>Address: 7 KM From Chaksu Khotkawda Road, Tehsil Chaksu Tonk Road Jaipur Rajasthan : 303901<BR>Tel: 91-141-4031516/4400222<BR>Email: info@rmcindia.in<BR>Website: http://www.rmcindia.in

Which are the latest news on RMC Switchgears?

How big is RMC Switchgears?

As of 10th June, RMC Switchgears Ltd has a market capitalization of 328.00 Cr, with recent Net Sales of 345.64 Cr and a Net Profit of 12.05 Cr. Shareholder's Funds are valued at 106.99 Cr, and Total Assets amount to 269.03 Cr.

As of 10th June, RMC Switchgears Ltd has a market capitalization of 328.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, RMC Switchgears reported Net Sales of 345.64 Cr. The Net Profit for the same period was 12.05 Cr.<BR><BR>The latest annual reporting period for RMC Switchgears is March 2025. During this period, Shareholder's Funds were valued at 106.99 Cr, while Total Assets amounted to 269.03 Cr.

Who are in the management team of RMC Switchgears?

The management team of RMC Switchgears includes Ashok Kumar Agarwal (Chairman & Managing Director), Ankit Agrawal (Whole-time Director), Neha Agrawal (Executive Director), and several independent directors including Kuldeep Kumar Gupta, Krati Agarwal, and Shriram Vishwasrao Mane, along with Preeti Khatore as Company Secretary & Compliance Officer.

The management team of RMC Switchgears includes the following individuals:<BR><BR>1. **Ashok Kumar Agarwal** - Chairman & Managing Director<BR>2. **Ankit Agrawal** - Whole-time Director<BR>3. **Neha Agrawal** - Executive Director<BR>4. **Kuldeep Kumar Gupta** - Independent Director<BR>5. **Krati Agarwal** - Independent Director<BR>6. **Preeti Khatore** - Company Secretary & Compliance Officer<BR>7. **Shriram Vishwasrao Mane** - Independent Director<BR><BR>This team oversees the company's operations and strategic direction.

Who are the peers of the RMC Switchgears?

RMC Switchgears' peers include GEE, Artemis Electric, Delton Cables, Kaycee Industries, Sugs Lloyd, Sahaj Solar, and Saakshi Medtech. RMC Switchgears has average management risk and good growth, but its 1-year return of -65.24% is significantly lower than its peers.

Peers: The peers of RMC Switchgears are GEE, Artemis Electri., Delton Cables, Kaycee Inds., Sugs Lloyd, Sahaj Solar, and Saakshi Medtech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kaycee Inds., Sugs Lloyd, Sahaj Solar, and RMC Switchgears, while Average management risk is found at Delton Cables. Below Average management risk is noted at GEE, Artemis Electri., and Saakshi Medtech. Growth is Excellent for Delton Cables, Sugs Lloyd, and Sahaj Solar, while Good growth is seen at RMC Switchgears, Kaycee Inds., and Saakshi Medtech. Below Average growth is present at GEE, Artemis Electri., and Delton Cables. Capital Structure is Excellent at Kaycee Inds., Good at Artemis Electri. and Saakshi Medtech, Average at RMC Switchgears and Sugs Lloyd, and Below Average at GEE and Delton Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is S & S Power Swit at 14.27%, while the lowest is Artemis Electri. at -36.16%. RMC Switchgears has a 1-year return of -65.24%, which is significantly lower than all peers. Additionally, the six-month return is negative for Delton Cables, Artemis Electri., and RMC Switchgears.

Should I buy, sell or hold RMC Switchgears Ltd?

Is RMC Switchgears overvalued or undervalued?

As of December 2, 2025, RMC Switchgears is considered expensive and overvalued with a PE ratio of 14.73, despite being lower than peers like Siemens Energy and ABB, and has experienced a significant year-to-date stock price decline of -60.76%.

As of 2 December 2025, the valuation grade for RMC Switchgears has moved from very expensive to expensive. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of 14.73, an EV to EBIT of 10.66, and an ROCE of 25.74%. <BR><BR>In comparison to peers, RMC Switchgears has a lower PE ratio than Siemens Energy Industries, which stands at 103.35, and ABB at 62.31, both categorized as very expensive. Additionally, BHEL, also expensive, has a significantly higher PE ratio of 178.02. Despite the recent decline in stock price, which has seen a year-to-date return of -60.76% compared to a Sensex return of 8.96%, the valuation metrics suggest that RMC Switchgears is not positioned favorably in the current market landscape.

How has been the historical performance of RMC Switchgears?

RMC Switchgears has exhibited significant financial growth, with net sales increasing from 83.12 Cr in Mar'18 to 318.16 Cr in Mar'25, and profit after tax rising from 2.52 Cr to 31.46 Cr in the same period. The company has also improved its operating profit and cash flow, reflecting a strong upward trend in overall performance.

Answer:<BR>The historical performance of RMC Switchgears shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>RMC Switchgears has demonstrated a strong upward trend in net sales, increasing from 83.12 Cr in Mar'18 to 318.16 Cr in Mar'25. Total operating income followed a similar trajectory, rising from 83.12 Cr in Mar'18 to 318.16 Cr in Mar'25. The raw material cost surged from 41.04 Cr in Mar'18 to 223.51 Cr in Mar'25, reflecting the company's expansion. Operating profit (PBDIT) also improved significantly, climbing from 9.84 Cr in Mar'18 to 54.48 Cr in Mar'25, although the operating profit margin declined from 10.63% in Mar'18 to 16.73% in Mar'25. Profit before tax increased from 3.01 Cr in Mar'18 to 42.66 Cr in Mar'25, with profit after tax reaching 31.46 Cr in Mar'25, up from 2.52 Cr in Mar'18. The company's total liabilities rose from 81.65 Cr in Mar'18 to 155.18 Cr in Mar'24, while total assets increased from 81.65 Cr in Mar'18 to 155.18 Cr in Mar'24, indicating robust growth. Cash flow from operating activities improved, showing a positive trend with a cash inflow of 7.00 Cr in Mar'24 compared to 0.23 Cr in Mar'18. Overall, RMC Switchgears has shown a remarkable growth trajectory in its financial performance over the years.

Is RMC Switchgears technically bullish or bearish?

As of September 23, 2025, RMC Switchgears is in a bearish trend, supported by bearish signals from the weekly MACD, RSI, and daily moving averages, despite some mixed indicators from the Dow Theory and monthly Bollinger Bands.

As of 23 September 2025, the technical trend for RMC Switchgears has changed from mildly bearish to bearish. The current technical stance is bearish, with moderate strength indicated by the weekly MACD and RSI both showing bearish signals. The daily moving averages confirm a bearish outlook, while the weekly Bollinger Bands also indicate bearish conditions. Although the monthly Bollinger Bands are mildly bullish, they do not outweigh the overall bearish sentiment from other indicators. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a bearish monthly signal. Overall, the combination of these indicators suggests a bearish trend for RMC Switchgears.

Who are the top shareholders of the RMC Switchgears?

The top shareholders of RMC Switchgears include promoter Ashok Kumar Agarwal with 22.67%, foreign institutional investors holding 5.05%, and India Emerging Giants Fund Limited as the largest public shareholder at 5.03%. Individual investors own 34.79% of the shares, with no pledged promoter holdings or mutual fund investments.

The top shareholders of RMC Switchgears include the promoters, who hold the majority of the shares. The promoter with the highest holding is Ashok Kumar Agarwal, owning 22.67% of the company. Additionally, foreign institutional investors (FIIs) hold 5.05% through three different FIIs. The highest public shareholder is India Emerging Giants Fund Limited, which holds 5.03%. Individual investors collectively own 34.79% of the shares. There are no pledged promoter holdings, and no mutual funds are currently invested in the company.

When is the next results date for RMC Switchgears?

No Upcoming Board Meetings

What is the bonus history of the RMC Switchgears?

RMC Switchgears recently issued a 1:2 bonus, with an ex-date of October 13, 2023, meaning shareholders receive one additional share for every two shares held. This is the latest update on their bonus history.

RMC Switchgears has a recent bonus issue where they announced a 1:2 bonus. The ex-date for this bonus was on October 13, 2023. This means that for every two shares held, shareholders will receive one additional share. This is the latest information regarding their bonus history. If you have any more questions about the company or its financials, feel free to ask!

Has RMC Switchgears declared dividend?

RMC Switchgears Ltd has declared a 2% dividend, with an ex-date of November 21, 2023. Despite this, the dividend yield is 0%, while total returns over various periods show significant price appreciation, particularly in the long term.

RMC Switchgears Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Ex-date: 21 Nov 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -12.32%, with a dividend return of 0%, resulting in a total return of -12.32%.<BR><BR>Over the past year, the price return was 87.77%, with a dividend return of 0%, leading to a total return of 87.77%.<BR><BR>In the 2-year period, the price return was 279.95%, with a dividend return of 0.10%, giving a total return of 280.05%.<BR><BR>For the 3-year period, the price return was 3758.9%, with a dividend return of 1.24%, resulting in a total return of 3760.14%.<BR><BR>In the last 4 years, the price return was 7163.81%, with a dividend return of 1.84%, leading to a total return of 7165.65%.<BR><BR>Over the past 5 years, the price return was 5923.65%, with a dividend return of 1.87%, resulting in a total return of 5925.52%.<BR><BR>Overall, RMC Switchgears has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show significant price appreciation, particularly over the longer term, indicating strong performance despite the lack of substantial dividend returns.