RMC Switchgears wins ₹2.84 Cr order for distribution kiosks

1 min read     Updated on 24 Jul 2026, 11:37 AM
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Naman SScanX News Team
AI Summary

RMC Switchgears Limited announced a ₹2,84,47,125 order from Jaipur Vidyut Vitran Nigam Limited for 100 Amp L.T. Distribution Kiosks. The six-month execution contract strengthens the company's order book and supports near-term revenue growth in the power distribution sector.

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RMC Switchgears has secured a new order worth ₹2,84,47,125 from Jaipur Vidyut Vitran Nigam Limited, strengthening its order book in the power distribution infrastructure segment. The company disclosed the receipt of the Letter of Award on July 24, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract is expected to contribute positively to revenue and growth prospects as the firm expands its footprint in domestic utility projects.

The order involves the supply of 100 Amp L.T. Distribution Kiosks suitable for underground cabling. RMC Switchgears must execute the contract within a period of six months from the award date. The transaction is classified as a domestic order awarded by a domestic entity, with no related party involvement or promoter interest in the awarding body.

Contract Details

Particulars Details
Awarding Entity Jaipur Vidyut Vitran Nigam Limited
Order Value ₹2,84,47,125
Nature of Order 100 Amp L.T. Distribution Kiosks Suitable for Underground Cabling
Execution Period 6 Months
Jurisdiction Domestic

The terms and conditions of the contract are governed by the general condition of contract price variation formula, technical specifications, and other terms appended to the tender documents. In cases where these terms differ from the Rajasthan Transparency in Public Procurement (RTPP) Act, the RTPP Act shall supersede. The company stated that it will update the stock exchanges on further material developments as required under the regulations.

What the Numbers Show

The acquisition of this ₹2.84 crore order underscores RMC Switchgears' continued relevance in the state-level power distribution upgrade cycle. By securing contracts for underground cabling infrastructure, the company aligns with broader urban electrification trends that prioritize reliable and aesthetically integrated distribution networks. This win adds to the existing order book, providing visibility into near-term revenue realization within the next half-year execution window.

Historical Stock Returns for RMC Switchgears

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%-7.97%-22.50%-27.47%-27.47%-27.47%

How does this order contribute to RMC Switchgears' total order book value, and what percentage of the current backlog does it represent?

What is RMC Switchgears' historical win rate in Rajasthan state-level tenders compared to other Indian states?

Given the six-month execution window, how might supply chain constraints for raw materials impact the company's margin on this specific contract?

RMC Switchgears wins ₹23.64 Cr order from MAHAVITRAN

1 min read     Updated on 09 Jul 2026, 04:38 AM
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RMC Switchgears Limited secured a ₹23.64 crore order from MAHAVITRAN for supplying solar water pumping systems under the PM KUSUM scheme. The five-year contract includes design, installation, and maintenance of 3 HP to 7.5 HP pumps across Maharashtra.

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RMC Switchgears Limited has secured Letters of Award (LOA) from MAHAVITRAN- Maharashtra State Electricity Distribution Co. Ltd. amounting to ₹23,63,74,211 for the supply of solar water pumping systems. The order covers the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid DC Solar Voltaic water Pumping Systems (SPWPS) with capacities of 3 HP, 5 HP, and 7.5 HP. This project falls under the "Magel Tyala Saur Krushi Pump" Yojna and the PM KUSUM B SCHEME, targeting identified farmer sites across various districts in Maharashtra.

The contract is classified as an empanelment and rate contract awarded by a domestic entity. It includes a comprehensive scope of work, such as complete system warranty, repair and maintenance, and a Remote Monitoring System (RMS) for a duration of five years. The company confirmed that the promoter or promoter group holds no interest in MAHAVITRAN, and the transaction does not constitute a related party transaction.

Order Details

The disclosure regarding the order was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key particulars of the order are outlined below:

Particulars Details
Name of Entity MAHAVITRAN- Maharashtra State Electricity Distribution Co. Ltd.
Nature of Order Empanelment and Rate Contract
Order Value ₹ 23,63,74,211
Execution Period 5 Years
Scope Design, supply, installation, and maintenance of SPWPS

Strategic Impact

Management indicated that the receipt of this LOA strengthens the company's order book and is expected to contribute positively to its revenue and growth prospects. The five-year timeline for execution provides sustained business visibility. RMC Switchgears has committed to updating the stock exchanges on any further material developments regarding this order as required under regulations.

Historical Stock Returns for RMC Switchgears

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%-7.97%-22.50%-27.47%-27.47%-27.47%

How will this order impact RMC Switchgears' profit margins given the comprehensive five-year maintenance requirements?

Does this empanelment position the company favorably to secure similar contracts under the PM KUSUM scheme in other states?

What are the potential risks associated with executing a project of this magnitude across geographically dispersed farmer sites?

More News on RMC Switchgears

1 Year Returns:-27.47%