RMC Switchgears
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RMC Switchgears received a Letter of Award worth ₹23.63 crore from MAHAVITRAN, the Maharashtra state electricity distribution company, on July 8, 2026. The contract involves the design, manufacture, supply, transport, installation, and commissioning of off-grid DC solar photovoltaic water pumping systems of 3 HP, 5 HP, and 7.5 HP capacities at identified farmer sites across Maharashtra. The award is part of the "Magel Tyala Saur Krushi Pump" Yojana and the PM KUSUM B scheme, and includes a five-year comprehensive warranty with remote monitoring. The order is expected to be executed over a five-year period and adds to the company's existing electrical infrastructure order book.
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RMC Switchgears received a Letter of Award worth ₹23.63 crore from MAHAVITRAN, the Maharashtra state electricity distribution company, on July 8, 2026. The contract involves the design, manufacture, supply, transport, installation, and commissioning of off-grid DC solar photovoltaic water pumping systems of 3 HP, 5 HP, and 7.5 HP capacities at identified farmer sites across Maharashtra. The award is part of the "Magel Tyala Saur Krushi Pump" Yojana and the PM KUSUM B scheme, and includes a five-year comprehensive warranty with remote monitoring. The order is expected to be executed over a five-year period and adds to the company's existing electrical infrastructure order book.
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** Shares of India's RMC Switchgears RMCW.NS rise 3.09% to 306.80 rupees
** Stock on track to snap three sessions of losses, if gains hold
** The electrical components and equipment maker receives a contract worth 236.4 million rupees ($2.48 million) from Maharashtra State Electricity Distribution Co (MSEDCL)
** Order for design, supply, installation, testing and commissioning of off-grid solar water pumping systems under a government scheme
** Company says order is expected to strengthen its order book and support revenue growth
** RMC stock down 18.88% since its debut on April 1
($1 = 95.2550 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of India's RMC Switchgears RMCW.NS rise 3.09% to 306.80 rupees
** Stock on track to snap three sessions of losses, if gains hold
** The electrical components and equipment maker receives a contract worth 236.4 million rupees ($2.48 million) from Maharashtra State Electricity Distribution Co (MSEDCL)
** Order for design, supply, installation, testing and commissioning of off-grid solar water pumping systems under a government scheme
** Company says order is expected to strengthen its order book and support revenue growth
** RMC stock down 18.88% since its debut on April 1
($1 = 95.2550 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Feb 3 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - RECEIVES LOI AMOUNTING TO 2.01 BILLION RUPEES
Source text: ID:nBSEbdQCNP
Further company coverage: RMCW.BO
(([email protected];;))
Feb 3 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - RECEIVES LOI AMOUNTING TO 2.01 BILLION RUPEES
Source text: ID:nBSEbdQCNP
Further company coverage: RMCW.BO
(([email protected];;))
Jan 21 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RECEIVES LOI AMOUNTING TO 279.4 MILLION RUPEES
Source text: ID:nBSE5SnMtn
Further company coverage: RMCW.BO
(([email protected];))
Jan 21 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RECEIVES LOI AMOUNTING TO 279.4 MILLION RUPEES
Source text: ID:nBSE5SnMtn
Further company coverage: RMCW.BO
(([email protected];))
** Shares of RMC Switchgears RMCW.BO rise 3.4% to 764 rupees, biggest intra-day pct gain since Sept 19
** Stock set for third straight session of gains
** Electrical infrastructure solutions co reports consolidated sales of 2.21 bln rupees ($24.90 million) for half year ended September 30, 2025
** Stock down 31.2% YTD
($1 = 88.7650 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of RMC Switchgears RMCW.BO rise 3.4% to 764 rupees, biggest intra-day pct gain since Sept 19
** Stock set for third straight session of gains
** Electrical infrastructure solutions co reports consolidated sales of 2.21 bln rupees ($24.90 million) for half year ended September 30, 2025
** Stock down 31.2% YTD
($1 = 88.7650 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
Sept 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - RECEIVES LOI WORTH 591.2 MILLION RUPEES
Source text: ID:nBSE7fn96Z
Further company coverage: RMCW.BO
(([email protected];))
Sept 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - RECEIVES LOI WORTH 591.2 MILLION RUPEES
Source text: ID:nBSE7fn96Z
Further company coverage: RMCW.BO
(([email protected];))
** Shares of RMC Switchgears RMCW.BO rise 5% to 771.75 rupees
** Electrical infrastructure solutions co sees over 165% Y/Y growth in Q1 sales to 861.4 mln rupees ($10.04 mln)
** Trading vols at 26,875 shares so far, 1.2x the 30-day average
** RMCW down 30.5% YTD
($1 = 85.8510 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of RMC Switchgears RMCW.BO rise 5% to 771.75 rupees
** Electrical infrastructure solutions co sees over 165% Y/Y growth in Q1 sales to 861.4 mln rupees ($10.04 mln)
** Trading vols at 26,875 shares so far, 1.2x the 30-day average
** RMCW down 30.5% YTD
($1 = 85.8510 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
April 16 (Reuters) - RMC Switchgears Ltd RMCW.BO:
ANAND CHATURVEDI RESIGNS AS CFO OF RMC SWITCHGEARS
Source text: ID:nBSE3QL98n
Further company coverage: RMCW.BO
(([email protected];;))
April 16 (Reuters) - RMC Switchgears Ltd RMCW.BO:
ANAND CHATURVEDI RESIGNS AS CFO OF RMC SWITCHGEARS
Source text: ID:nBSE3QL98n
Further company coverage: RMCW.BO
(([email protected];;))
** RMC Switchgears RMCW.BO jumps an exchange-allowed maximum of 5% to 574.65 rupees
** Stock eyes best day in nearly a month
** Electrical components maker got order from Government of Rajasthan for installation of rooftop solar systems
** Project valued at 3.2 bln rupees (~$37 mln) and estimated capacity of 50 megawatts
** Order includes one-time revenue of 2.29 bln rupees and recurring revenue of 910 mln rupees over next 25 years
** Year-to-date, RMCW down ~51%
($1 = 86.8150 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** RMC Switchgears RMCW.BO jumps an exchange-allowed maximum of 5% to 574.65 rupees
** Stock eyes best day in nearly a month
** Electrical components maker got order from Government of Rajasthan for installation of rooftop solar systems
** Project valued at 3.2 bln rupees (~$37 mln) and estimated capacity of 50 megawatts
** Order includes one-time revenue of 2.29 bln rupees and recurring revenue of 910 mln rupees over next 25 years
** Year-to-date, RMCW down ~51%
($1 = 86.8150 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Feb 5 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RECEIVES WORK ORDER WORTH 1.08 BILLION RUPEES
Source text: ID:nBSE6ZjNNq
Further company coverage: RMCW.BO
(([email protected];;))
Feb 5 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RECEIVES WORK ORDER WORTH 1.08 BILLION RUPEES
Source text: ID:nBSE6ZjNNq
Further company coverage: RMCW.BO
(([email protected];;))
Dec 23 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - RECEIVES WORK ORDER WORTH 54.2 MILLION RUPEES
Source text: ID:nBSE3VlDk
Further company coverage: RMCW.BO
(([email protected];;))
Dec 23 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - RECEIVES WORK ORDER WORTH 54.2 MILLION RUPEES
Source text: ID:nBSE3VlDk
Further company coverage: RMCW.BO
(([email protected];;))
Dec 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RECEIVES LOA FOR 5,000 SOLAR PUMPS IN MAHARASHTRA
LOA VALUED AT 900 MILLION RUPEES FOR 5000 SOLAR PUMPS
Source text: ID:nBSE7Q2Y7l
Further company coverage: RMCW.BO
(([email protected];;))
Dec 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RECEIVES LOA FOR 5,000 SOLAR PUMPS IN MAHARASHTRA
LOA VALUED AT 900 MILLION RUPEES FOR 5000 SOLAR PUMPS
Source text: ID:nBSE7Q2Y7l
Further company coverage: RMCW.BO
(([email protected];;))
** RMC Switchgears RMCW.BO hits exchange-allowed upper limit of 5% to 1,104.45 rupees
** Electrical components maker to set up solar module manufacturing plant in Jaipur with estimated capex at 1 bln rupees ($11.8 mln)
** Project with 1 GWP annual production capacity expected to be operational by July 2025
** Stock up ~82% YTD
($1 = 84.8230 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** RMC Switchgears RMCW.BO hits exchange-allowed upper limit of 5% to 1,104.45 rupees
** Electrical components maker to set up solar module manufacturing plant in Jaipur with estimated capex at 1 bln rupees ($11.8 mln)
** Project with 1 GWP annual production capacity expected to be operational by July 2025
** Stock up ~82% YTD
($1 = 84.8230 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Nov 12 (Reuters) - Acciona SA ANA.MC:
TO BUILD BREAKWATER TO PROTECT RAVENNA'S FLOATING TERMINAL
COMPLETION PERIOD OF 24 MONTHS
BREAKWATER HAS TENDER BUDGET OF 216 MILLION EUROS
PORT AUTHORITY OF NORTH-CENTRAL ADRIATIC SEA TO FINANCE WORK VIA LOAN GRANTED BY CASSA DEPOSITI E PRESTITI
Source text: https://bit.ly/3CqwUG4
Further company coverage: ANA.MC
(Gdansk Newsroom)
(([email protected]; +48 58 769 66 00;))
Nov 12 (Reuters) - Acciona SA ANA.MC:
TO BUILD BREAKWATER TO PROTECT RAVENNA'S FLOATING TERMINAL
COMPLETION PERIOD OF 24 MONTHS
BREAKWATER HAS TENDER BUDGET OF 216 MILLION EUROS
PORT AUTHORITY OF NORTH-CENTRAL ADRIATIC SEA TO FINANCE WORK VIA LOAN GRANTED BY CASSA DEPOSITI E PRESTITI
Source text: https://bit.ly/3CqwUG4
Further company coverage: ANA.MC
(Gdansk Newsroom)
(([email protected]; +48 58 769 66 00;))
Oct 8 (Reuters) - RMC Switchgears Ltd RMCW.BO:
SECURED EPC, O&M CONTRACT WORTH 2.01 BILLION RUPEES
CONTRACT FOR DEVELOPMENT OF SOLAR POWER PROJECT
Source text for Eikon: ID:nBSEzk9FZ
Further company coverage: RMCW.BO
(([email protected];;))
Oct 8 (Reuters) - RMC Switchgears Ltd RMCW.BO:
SECURED EPC, O&M CONTRACT WORTH 2.01 BILLION RUPEES
CONTRACT FOR DEVELOPMENT OF SOLAR POWER PROJECT
Source text for Eikon: ID:nBSEzk9FZ
Further company coverage: RMCW.BO
(([email protected];;))
Sept 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS - RECEIVED ORDER FOR DEVELOPMENT OF A 41 MW (AC) SOLAR PHOTOVOLTAIC POWER PROJECT
Source text for Eikon: ID:nBSE1sv9l6
Further company coverage: RMCW.BO
(([email protected];;))
Sept 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS - RECEIVED ORDER FOR DEVELOPMENT OF A 41 MW (AC) SOLAR PHOTOVOLTAIC POWER PROJECT
Source text for Eikon: ID:nBSE1sv9l6
Further company coverage: RMCW.BO
(([email protected];;))
Aug 20 (Reuters) - RMC Switchgears Ltd RMCW.BO:
UNIT GETS APPROVAL TO ESTABLISH 50 MW RENEWABLE ENERGY PARK IN RAJASTHAN
Source text for Eikon: ID:nBSE3xxx6F
Further company coverage: RMCW.BO
(Reporting by VijayDattaram Malkar)
(([email protected];))
Aug 20 (Reuters) - RMC Switchgears Ltd RMCW.BO:
UNIT GETS APPROVAL TO ESTABLISH 50 MW RENEWABLE ENERGY PARK IN RAJASTHAN
Source text for Eikon: ID:nBSE3xxx6F
Further company coverage: RMCW.BO
(Reporting by VijayDattaram Malkar)
(([email protected];))
Aug 7 (Reuters) - RMC Switchgears Ltd RMCW.BO:
APPROVED ISSUANCE OF SHARES WORTH 150.1 MILLION RUPEES
Source text for Eikon: ID:nBSE4Hd5sY
Further company coverage: RMCW.BO
(([email protected];))
Aug 7 (Reuters) - RMC Switchgears Ltd RMCW.BO:
APPROVED ISSUANCE OF SHARES WORTH 150.1 MILLION RUPEES
Source text for Eikon: ID:nBSE4Hd5sY
Further company coverage: RMCW.BO
(([email protected];))
Aug 1 (Reuters) - RMC Switchgears Ltd RMCW.BO:
TO CONSIDER PREFERENTIAL ISSUE OF EQUITY SHARES
Source text for Eikon: ID:nBSE71Qcrl
Further company coverage: RMCW.BO
(([email protected];))
Aug 1 (Reuters) - RMC Switchgears Ltd RMCW.BO:
TO CONSIDER PREFERENTIAL ISSUE OF EQUITY SHARES
Source text for Eikon: ID:nBSE71Qcrl
Further company coverage: RMCW.BO
(([email protected];))
July 9 (Reuters) - RMC Switchgears Ltd RMCW.BO:
GETS ORDER WORTH ABOUT 47.6 MILLION RUPEES
Source text for Eikon: ID:nBSE5lSVRK
Further company coverage: RMCW.BO
(([email protected];;))
July 9 (Reuters) - RMC Switchgears Ltd RMCW.BO:
GETS ORDER WORTH ABOUT 47.6 MILLION RUPEES
Source text for Eikon: ID:nBSE5lSVRK
Further company coverage: RMCW.BO
(([email protected];;))
June 19 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDERS WORTH 46.8 MILLION RUPEES
GOT PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS
Source text for Eikon: ID:nNSE8DsjFF
Further company coverage: MRCC.NS
(([email protected];))
June 19 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:
GETS ORDERS WORTH 46.8 MILLION RUPEES
GOT PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS
Source text for Eikon: ID:nNSE8DsjFF
Further company coverage: MRCC.NS
(([email protected];))
June 4 (Reuters) - RMC Switchgears Ltd RMCW.BO:
GETS ORDER WORTH 566.8 MILLION RUPEES
Further company coverage: RMCW.BO
(([email protected];;))
June 4 (Reuters) - RMC Switchgears Ltd RMCW.BO:
GETS ORDER WORTH 566.8 MILLION RUPEES
Further company coverage: RMCW.BO
(([email protected];;))
May 27 (Reuters) - RMC Switchgears Ltd RMCW.BO:
MARCH-QUARTER CONSOL PROFIT FROM CONTINUING OPERATIONS 68.3 MILLION RUPEES VERSUS PROFIT 56 MILLION RUPEES
MARCH-QUARTER CONSOL GROSS REVENUE 1 BILLION RUPEES VERSUS 793.4 MILLION RUPEES
Source text for Eikon: ID:nBSE5cJrWv
Further company coverage: RMCW.BO
(([email protected];))
May 27 (Reuters) - RMC Switchgears Ltd RMCW.BO:
MARCH-QUARTER CONSOL PROFIT FROM CONTINUING OPERATIONS 68.3 MILLION RUPEES VERSUS PROFIT 56 MILLION RUPEES
MARCH-QUARTER CONSOL GROSS REVENUE 1 BILLION RUPEES VERSUS 793.4 MILLION RUPEES
Source text for Eikon: ID:nBSE5cJrWv
Further company coverage: RMCW.BO
(([email protected];))
April 1 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS - NAMES ANAND CHATURVEDI AS CFO
Source text for Eikon: ID:nBSE9BpKXZ
Further company coverage: RMCW.BO
(([email protected];;))
April 1 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS - NAMES ANAND CHATURVEDI AS CFO
Source text for Eikon: ID:nBSE9BpKXZ
Further company coverage: RMCW.BO
(([email protected];;))
March 11 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - EXPANSION OF ITS MANUFACTURING CAPACITY FOR SMC SMART METERING ENCLOSURES
RMC SWITCHGEARS LTD - ENHANCEMENT WILL ENLARGE RMC'S PRODUCTION CAPACITY BY ADDITIONAL 300,000 ENCLOSURES ANNUALLY
RMC SWITCHGEARS LTD - PROJECTED CAPITAL EXPENDITURE FOR EXPANSION IS ESTIMATED BETWEEN 70-100 MILLION RUPEES
Source text for Eikon: ID:nBSEbMSKMz
Further company coverage: RMCW.BO
(([email protected];))
March 11 (Reuters) - RMC Switchgears Ltd RMCW.BO:
RMC SWITCHGEARS LTD - EXPANSION OF ITS MANUFACTURING CAPACITY FOR SMC SMART METERING ENCLOSURES
RMC SWITCHGEARS LTD - ENHANCEMENT WILL ENLARGE RMC'S PRODUCTION CAPACITY BY ADDITIONAL 300,000 ENCLOSURES ANNUALLY
RMC SWITCHGEARS LTD - PROJECTED CAPITAL EXPENDITURE FOR EXPANSION IS ESTIMATED BETWEEN 70-100 MILLION RUPEES
Source text for Eikon: ID:nBSEbMSKMz
Further company coverage: RMCW.BO
(([email protected];))
Sept 4 (Reuters) - RMC Switchgears Ltd RMCW.BO:
BONUS ISSUE RATIO OF 1:2
Source text for Eikon: ID:nBSE488WfP
Further company coverage: RMCW.BO
(([email protected];))
Sept 4 (Reuters) - RMC Switchgears Ltd RMCW.BO:
BONUS ISSUE RATIO OF 1:2
Source text for Eikon: ID:nBSE488WfP
Further company coverage: RMCW.BO
(([email protected];))
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What does RMC Switchgears do?
RMC Switchgears Limited is an ISO 9001:2008 certified company specializing in designing and manufacturing enclosures for energy meters, distribution boxes, panels, junction boxes, feeder pillars, and circuit protection switchgears.
Who are the competitors of RMC Switchgears?
RMC Switchgears major competitors are Avana Electrosystems, IC Electricals Co., Kaycee Industries, Cospower Engineering, Veto Switchgears, Solarium GreenEnergy, Pervasive Commodit.. Market Cap of RMC Switchgears is ₹308 Crs. While the median market cap of its peers are ₹315 Crs.
Is RMC Switchgears financially stable compared to its competitors?
RMC Switchgears seems to be less financially stable compared to its competitors. Altman Z score of RMC Switchgears is 2.61 and is ranked 7 out of its 8 competitors.
Does RMC Switchgears pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. RMC Switchgears latest dividend payout ratio is 1.38% and 3yr average dividend payout ratio is 1.38%
How has RMC Switchgears allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is RMC Switchgears balance sheet?
Balance sheet of RMC Switchgears is moderately strong.
Is the profitablity of RMC Switchgears improving?
The profit is oscillating. The profit of RMC Switchgears is ₹19.09 Crs for TTM, ₹31.45 Crs for Mar 2025 and ₹14.89 Crs for Mar 2024.
Is the debt of RMC Switchgears increasing or decreasing?
Yes, The net debt of RMC Switchgears is increasing. Latest net debt of RMC Switchgears is ₹89.85 Crs as of Mar-26. This is greater than Mar-25 when it was ₹40.17 Crs.
Is RMC Switchgears stock expensive?
RMC Switchgears is not expensive. Latest PE of RMC Switchgears is 14.07, while 3 year average PE is 67.71. Also latest EV/EBITDA of RMC Switchgears is 4.63 while 3yr average is 9.66.
Has the share price of RMC Switchgears grown faster than its competition?
RMC Switchgears has given lower returns compared to its competitors. RMC Switchgears has grown at ~-61.09% over the last 1yrs while peers have grown at a median rate of -0.86%
Is the promoter bullish about RMC Switchgears?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in RMC Switchgears is 51.97% and last quarter promoter holding is 51.97%.
Are mutual funds buying/selling RMC Switchgears?
There is Insufficient data to gauge this.