RMC Switchgears Share News - Latest Updates, Live News & More

Latest news about RMC Switchgears

RMC Switchgears Allots 25,050 Equity Shares Under Employee Stock Option Scheme-2024 2 hrs ago Today

RMC Switchgears Limited has allotted 25,050 equity shares with a face value of Rs. 10 each under its Employee Stock Option Scheme-2024, following approval by the Nomination and Remuneration Committee on January 29, 2026. The allotment increases the company's paid-up equity share capital from Rs. 10,55,18,000 to Rs. 10,57,68,500. The company has made the necessary regulatory disclosures to BSE Limited in compliance with SEBI LODR regulations.

RMC Switchgears Promoter Ankit Agarwal Acquires 8.45 Lakh Shares Through Inter-Se Transfer 1 day ago Yesterday

RMC Switchgears: Promoter Group Member Transfers 94,800 Equity Shares to Ankit Agrawal 1 day ago Yesterday

RMC Switchgears Secures Major Contract Worth ₹27.94 Crores 8 days ago

RMC Switchgears Secures ₹8.06 Crore Order for Smart Meter Enclosures, Clarifies No Government Notice on Tender Policy Changes 9 days ago

More news about RMC Switchgears

26Dec 25

RMC Switchgears Submits BSE Main Board Migration Application on December 26

RMC Switchgears Limited has formally submitted its migration application from BSE SME platform to BSE Main Board on December 26, 2025, under SEBI regulations. The electrical equipment manufacturer has completed all requisite documentation and compliance requirements for this strategic corporate development.

11Dec 25

RMC Switchgears Commissions 8.8 MWac Solar Capacity Worth ₹38.49 Crores

RMC Switchgears Limited has successfully commissioned 8.8 MWac capacity of MAHAGENCO's solar EPC project in Ahmednagar, representing ₹38.49 crores of the total ₹153.98 crore project value. The project will enhance rural power supply stability and support Maharashtra's renewable energy goals, with full 46 MWac capacity expected by financial year-end.

21Nov 25

RMC Switchgears Secures ₹27.77 Crore Contract from Rajasthan Power Transmission Company

RMC Switchgears has received a Letter of Intent from Rajasthan Rajya Vidyut Prasaran Nigam Limited for a ₹27.77 crore project. The contract involves constructing a 132 kV Grid Sub-Station at KAPARDA SEZ, Jodhpur District, and associated transmission lines. The project scope includes supply of equipment, erection, testing, and commissioning, with an 18-month completion timeline. This contract is expected to strengthen RMC Switchgears' order book, contribute to revenue growth, and reinforce its position in the power infrastructure sector.

17Nov 25

RMC Switchgears Reports 112% Revenue Growth and 98% PAT Surge in H1 FY26

RMC Switchgears Limited reported strong financial results for H1 FY2025-26. Revenue from operations increased by 111.50% to ₹221.61 crore. PAT grew by 97.93% to ₹20.05 crore. EPS rose to ₹19.26, up 94.74%. Growth driven by strong execution in Solar EPC projects, steady performance in Electrical EPC and Products segments, and operational efficiencies. Company secured major contracts worth ₹136 crore across various segments. RMC is progressing with its 1GW solar module manufacturing plant and was included in Forbes Asia's Best Under a Billion 2025 list.

13Nov 25

RMC Switchgears Confirms Postal Ballot Results with ₹800 Crore Authorization

RMC Switchgears has confirmed the successful completion of its postal ballot process with all three resolutions receiving overwhelming shareholder approval. The key approvals include board authorization for ₹800 crores under Section 186, subsidiary support under Section 185, and material related party transactions, providing the company with significant financial flexibility for future growth and subsidiary operations.

04Nov 25

RMC Switchgears Reports Loss of Rs 19.48 Crores in Half-Year Results

RMC Switchgears Limited, a switchgear engineering and EPC contracts company, reported a net loss of Rs 19.48 crores for H1 FY2026, compared to a profit of Rs 10.25 crores in H1 FY2025. Revenue from operations declined by 81.45% to Rs 19.51 crores, while total expenses increased by 71.22% to Rs 169.53 crores. However, consolidated results showed a net profit of Rs 19.87 crores. The Board approved these unaudited financial results on November 4, 2025.

07Oct 25

RMC Switchgears Reports 110% Sales Growth in H1, Anticipates New Plant to Boost Performance

RMC Switchgears announced a 110% year-on-year growth in H1 sales, reaching ₹221.00 crore. The Solar EPC segment led growth, contributing ₹114.00 crore. The company has a strong order book of ₹825.00 crore for the next 12 months. RMC completed a proof of concept for its Pulse Box, an intelligent low-tension power distribution system. The upcoming Solar Module Manufacturing Plant is expected to enhance project execution capabilities and improve margins.

01Oct 25

RMC Switchgears Secures Massive Rs 100 Crore Order

RMC Switchgears, an electrical equipment sector player, has secured a significant order worth Rs 100.00 crore. This order represents a substantial portion of the company's reported market capitalization of Rs 700.00 crore. While specific details about the order are not provided, it is expected to boost the company's revenue, strengthen its market position, and potentially increase investor confidence. The size of the order may also require RMC Switchgears to scale up its operations.

22Sept 25

RMC Switchgears Updates on 1 GW Solar Plant Progress, Secures ₹59.12 Crore RDSS Order, and Prepares BSE Main Board Migration

RMC Switchgears is progressing on its 1 GW Solar Module Manufacturing Plant in Jaipur, with a revised completion timeline of Q4 FY25. The company has received a ₹59.12 crore contract from Jaipur Vidyut Vitran Nigam Ltd. for distribution infrastructure development. RMC is also preparing to migrate from the SME segment to the BSE Main Board, pending final confirmation. These developments align with the company's strategy to build an integrated solar value chain and strengthen its position in electrical infrastructure solutions.

17Sept 25

RMC Switchgears Secures ₹59.12 Crore Order from Jaipur Vidyut Vitran Nigam Limited

RMC Switchgears Limited has received a Letter of Intent from JVVNL for a ₹59.12 crore project to develop distribution infrastructure and segregate 11 KV mixed feeders at Tonk Circle. The turnkey project, part of the RDSS scheme, is to be completed within 15 months. This contract, representing 7.58% of RMC Switchgears' ₹780 crore market cap, is expected to strengthen the company's order book and contribute to revenue growth.

20Aug 25

RMC Switchgears Secures Spot in Forbes Asia's Best Under a Billion 2025 List

RMC Switchgears, an Indian electrical infrastructure solutions company, has been included in Forbes Asia's Best Under a Billion 2025 list. The list recognizes top 200 publicly listed companies in the Asia-Pacific region with revenues under $1 billion. Selection criteria included financial metrics like debt levels, sales growth, earnings-per-share growth, and return on equity, as well as qualitative factors such as governance and environmental standards. RMC Switchgears specializes in electrical enclosures, smart meter enclosures, and has expanded into renewable energy and water management infrastructure.

14Aug 25

RMC Switchgears Reports 165% Revenue Surge, Secures ₹61 Crore Solar Project

RMC Switchgears Limited posted consolidated revenue of ₹86.14 crore in Q1, a 165% year-on-year increase. The company maintains an order book exceeding ₹700 crore. RMC invested ₹2.60 crore in its subsidiary, RMC Green Energy Private Limited, increasing its stake to 99.58%. Key appointments include Mr. Samujjal Ganguly as Business Head of RMC Green Energy and Mrs. Shivani Bairathi as Compliance Officer for RMC Switchgears. RMC Green Energy secured a ₹61.08 crore contract for a 41 MW solar project. The company aims to become a ₹5000 crore enterprise by 2030, focusing on solar EPC, smart metering, and green energy manufacturing.

13Aug 25

RMC Green Energy Secures ₹61.08 Crore Contract for 41 MW MSEDCL Project

RMC Green Energy Private Limited, a subsidiary of RMC Switchgears Limited, has received a Letter of Intent for a 41 MW project with Maharashtra State Electricity Distribution Company Limited (MSEDCL). The contract, valued at ₹61.08 crore, involves supply, installation, testing, and commissioning work. The project details were agreed upon during a meeting on August 12, 2025. The company disclosed this information to BSE Limited in compliance with SEBI regulations, while maintaining confidentiality on specific commercial terms.

12Aug 25

RMC Switchgears Reports ₹12.44 Crore PBT in Q1, Revenue Soars 165%

RMC Switchgears has reported impressive Q1 financial results, with consolidated revenue increasing by 165% to ₹86.14 crore and Profit Before Tax reaching ₹12.44 crore. The company attributes this growth to strong order execution, a robust order book exceeding ₹700 crore, and strategic projects in the electrical and renewable energy sectors. RMC is expanding into renewable energy with plans for a 1 GW solar module manufacturing plant and has invested ₹2.60 crore in its subsidiary for solar module production. The company's focus on electrical infrastructure solutions and expansion into water management infrastructure positions it well for future growth in India's infrastructure sector.

06Aug 25

RMC Switchgears to Showcase 'Pulse Box' Smart Automation System in Maharashtra

RMC Switchgears Limited is set to demonstrate its innovative 'Pulse Box' Smart Automation System in Maharashtra following a successful Proof of Concept on July 31, 2025. The 'Pulse Box' is an intelligent Low-Tension power distribution system designed to enhance grid safety, reduce technical losses, and improve last-mile visibility for utilities. This demonstration is a crucial step for the company, potentially leading to large-scale deployment of the technology. The system aims to benefit both power utilities and consumers by improving grid management and potentially providing more reliable power supply.

31Jul 25

RMC Switchgears Achieves Milestone with Smart Automation System Proof of Concept

RMC Switchgears Limited has completed a proof of concept for its innovative 'Pulse Box' smart automation system for low-tension power distribution. The technology aims to replace traditional distribution boxes on 11 kV lines, offering enhanced grid safety, reduced technical losses, improved last-mile visibility, support for smart metering, theft prevention, and predictive maintenance capabilities. With over 24 million Distribution Transformers nationwide, RMC plans to initially target 10% of urban DTs. The innovation addresses critical safety concerns in India's power sector and positions RMC to tap into a substantial market opportunity.

11Jul 25

RMC Switchgears Reports Stellar 165% Sales Growth in Q1 FY 2025-26

RMC Switchgears Limited announced a 165% year-on-year increase in consolidated revenues for Q1 FY 2025-26, reaching ₹86.14 crore compared to ₹34.04 crore in Q1 FY 2024-25. The company reports a healthy order book exceeding ₹86.14 crore across solar EPC, electrical infrastructure, and smart metering solutions. CEO Ankit Agrawal attributes the growth to execution excellence and opportunities in India's infrastructure expansion and renewable energy sector. RMC Switchgears anticipates accelerated revenue recognition in H2, expecting it to nearly double H1 performance.

20May 25

RMC Switchgears Posts Impressive Q4 Results with Surge in Revenue and Profit

RMC Switchgears, an electrical equipment company, posted impressive Q4 results. Revenue soared to ₹2.13 billion, up 150% year-over-year. Net profit tripled to ₹213.30 million, while EBITDA grew to ₹334.00 million. Despite overall growth, EBITDA margin slightly decreased to 15.65% from 16.15% last year.

16Apr 25

RMC Switchgears CFO Anand Chaturvedi Steps Down

RMC Switchgears Limited announced the resignation of CFO Anand Chaturvedi, effective April 16, 2025. Chaturvedi cited personal reasons for his departure. The company accepted his resignation and will relieve him of his duties as CFO and Key Managerial Person. RMC Switchgears will initiate the process of filing necessary forms with the Registrar of Companies and inform the BSE about this change. No successor has been announced yet.

27Mar 25

RMC Switchgears Expands into Solar Energy with New Subsidiary

RMC Switchgears has incorporated a new subsidiary, RMC Solar One Private Limited, marking its entry into the solar energy sector. This strategic move aims to diversify the company's business operations beyond its core electrical equipment focus. The expansion aligns with India's push for renewable energy adoption and could open new growth opportunities for RMC Switchgears in the burgeoning solar market.

17Mar 25

RMC Switchgears Ltd Secures Massive 320 Crore Rupee Order, Signaling Potential Growth

RMC Switchgears Ltd, a prominent player in the Indian switchgear industry, has secured a significant order worth 320 crore rupees (approximately $39 million USD). This substantial contract is expected to boost the company's revenue, enhance its market position, and potentially lead to increased production capacity. The order reflects growing demand in the switchgear sector, possibly driven by infrastructure development or industrial growth. While the long-term impact remains to be seen, this development marks a major milestone for RMC Switchgears and could significantly influence its future financial performance.