RMC Switchgears Ltd Share Price – BSE

Capital Goods - Electrical Equipment, Small Cap

RMC Switchgears has received Letters of Award (LOA) from MAHAVITRAN- Maharashtra State Electricity Distribution Co. (MSEDCL) amounting to Rs 23.63 crore for design, manufacture, supply, transport, installation, testing and commissioning of Off-Grid DC Solar Voltaic water Pumping Systems(SPWPS) of 3 HP, 5 HP & 7.5 HP capacity at identified farmer's site in District of Maharashtra, including complete system warranty and its repair and maintenance and Remote Monitoring System(RMS) for 5 Years under ?Magel Tyala Saur Krushi Pump? Yojna/ PM KUSUM B SCHEME.

The contract involves the design, manufacture, supply, transportation, installation, testing and commissioning of off-grid DC solar photovoltaic water pumping systems of 3 HP, 5 HP and 7.5 HP capacities at identified farmers' sites across Maharashtra.

The scope of work also includes a five-year comprehensive warranty, repair and maintenance services, and a remote monitoring system (RMS), the company said in a regulatory filing.

The contract has been awarded by a domestic entity and will be executed over a period of five years.

RMC Switchgears clarified that neither its promoters nor promoter group companies have any interest in the awarding authority. It also said the contract does not constitute a related-party transaction.

RMC Switchgears is primarily engaged in the business of Switchgear Engineering', ECI contracts for power distribution/ transmission sector'.

The company's consolidated net profit fell 5.9% to Rs 9.27 crore, while net sales declined 13.7% to Rs 142.94 crore in Q4 FY26 compared with Q4 FY25.

The scrip fell 1.56% to Rs 293 on the BSE.

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Net profit of RMC Switchgears declined 5.89% to Rs 9.27 crore in the quarter ended March 2026 as against Rs 9.85 crore during the previous quarter ended March 2025. Sales declined 13.71% to Rs 142.94 crore in the quarter ended March 2026 as against Rs 165.66 crore during the previous quarter ended March 2025.

For the full year,net profit declined 28.43% to Rs 22.51 crore in the year ended March 2026 as against Rs 31.45 crore during the previous year ended March 2025. Sales rose 26.22% to Rs 401.59 crore in the year ended March 2026 as against Rs 318.16 crore during the previous year ended March 2025.

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RMC Switchgears will hold a meeting of the Board of Directors of the Company on 29 May 2026.