RMC Switchgears Ltd

The scope of the project requires the company to complete the construction of the new 132 kV GSS at Kalyanpur (Pachpadra), Distt-Balotra. The work will be executed on a supply, erection, testing, and commissioning (ETC) basis, encompassing all associated lines and bays. This includes the supply of all necessary equipment and materials, comprehensive erection work (including civil works), and final testing and commissioning. The total value of this contract is Rs 42.23 crore. The project has to executed within a period of 18 months. RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector. The company's net profit surged 87.9% year-on-year to Rs 19.15 crore, while revenue from operations more than doubled'rising 130.1% to Rs 241.09 crore in Q2 FY26 compared with Q2 FY25. The scrip fell 2.18% to currently trade at Rs 544 on the BSE. Powered by Capital Market - Live

The order covers the construction of a 132 kV GSS at Kaparda SEZ (Jodhpur), associated LILO works of the Bilara'Jhalamand line, and the 132 kV Bhawad'Kirmarsariya line, including bays at both substations, along with supply, erection, civil works, testing, and commissioning on a supply-ETC basis, and is to be executed within 18 months. RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector. The company's net profit surged 87.9% year-on-year to Rs 19.15 crore, while revenue from operations more than doubled'rising 130.1% to Rs 241.09 crore in Q2 FY26 compared with Q2 FY25.Powered by Capital Market - Live

RMC Switchgears will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

On a consolidated basis, the company's net profit surged 87.9% year-on-year to Rs 19.15 crore, while revenue from operations more than doubled'rising 130.1% to Rs 241.09 crore in Q2 FY26 compared with Q2 FY25. Profit before tax (PBT) increased 75.4% YoY to Rs 26.22 crore in the quarter ended September 2025. Total expenses increased 139% YoY to Rs 215.48 crore during the quarter. Employee benefits expense rose 27.3% to Rs 9.89 crore, while other expenses climbed 134.3% to Rs 30.43 crore compared with the same period last year, reflecting higher business activity levels. RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector. Shares of RMC Switchgears declined 5.41% to settle at Rs 681.15 on the BSE.Powered by Capital Market - Live

RMC Switchgears will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

The order pertains to the development of distribution infrastructure for the segregation of 11 KV mixed feeders at the Tonk Circle of Jaipur Discom in Rajasthan. The project will be executed on a turnkey basis under the Revamped Reforms-based and Results-Linked Distribution Sector Scheme (RDSS). According to the company's regulatory filing, the project is to be completed within 15 months from the effective date of the contract, including survey and approvals. RMC Switchgears stated that the receipt of this LOI will further strengthen its order book and is expected to positively impact its revenue and growth prospects. The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority, and the transaction does not qualify as a related party transaction under applicable regulations. RMC Switchgears is engaged in providing electrical infrastructure solutions and continues to build momentum in the power distribution sector through strategic government-backed projects. RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector. For FY25, the company has registered a consolidated net profit of Rs 31.45 crore (up 111.2% YoY) and net sales of Rs 318.16 crore (up 84.3% YoY). Powered by Capital Market - Live

RMC Switchgears announced that the Annual General Meeting(AGM) of the company will be held on 26 September 2025.Powered by Capital Market - Live

The company's board will consider raising of funds through issuance of equity shares and/or any other instruments or eligible securities representing either equity shares and/or convertible securities linked to equity shares or through any other permissible mode or a combination thereof, by way of further public issue, right issues, debt issue, preferential allotment, private placement, qualified institutions placement (QIP), or any other method in one or more tranches. Additionally, the company's board will consider and approve the convening of the 31st Annual General Meeting (AGM) along with related matters, including the draft AGM notice, mode of conducting the meeting, book closure period, and the cut-off date for voting. RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector. For FY25, the company has registered a consolidated net profit of Rs 31.45 crore (up 111.2% YoY) and net sales of Rs 318.16 crore (up 84.3% YoY).Powered by Capital Market - Live

RMC Switchgears will hold a meeting of the Board of Directors of the Company on 30 August 2025.Powered by Capital Market - Live

According to an exchange filing, the company stated that this robust performance marks a solid start to the fiscal year and reaffirms its commitment to an ambitious growth vision. With an exceptional first-quarter performance laying a strong foundation, the company is optimistic about sustaining this growth trajectory and aims to achieve even greater milestones in the remaining quarters of FY 2025'26. Given the nature of RMC's business'particularly in EPC and turnkey projects'revenue recognition typically accelerates in the second half of the financial year. Historically, the company's H2 performance has nearly doubled that of H1, driven by milestone-based billings, faster execution cycles, and back-ended order conversions. The company expects a similar trend this fiscal year, supported by a robust order book exceeding Rs 86.14 crore and a strong execution pipeline across its key verticals, solar EPC, electrical infrastructure and smart metering solutions. Ankit Agrawal, CEO & whole-time director, said, 'achieving over 165% growth in Q1 is a strong testament to RMC's execution excellence and strategic focus, while also highlighting the vast opportunities emerging from India's dynamic business environment' propelled by infrastructure expansion, progressive policy reforms, and a rapidly growing renewable energy sector.' With a healthy order book of over Rs 86.14 crore across solar EPC, electrical infrastructure and smart metering, and with deeper backward integration underway, we are exceptionally well-positioned to convert this momentum into record full-year revenues and profits.' RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector. For FY25, RMC Switchgears has registered a consolidated net profit of Rs 31.45 crore (up 111.2% YoY) and net sales of Rs 318.16 crore (up 84.3% YoY). Powered by Capital Market - Live