Rmc Switchgears Ltd. · NSE:RMC
Rmc Switchgears — H1 FY2026 Earnings Presentation
45 slides from Rmc Switchgears's earnings presentation, Nov 17, 2025
Slide 1: Regulation 30 disclosure letter to BSE
+91 141 4400222 www.rmcindia.in admin@rmcindia.in To, Date: 17.11.2025 The Manager- Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 BSE Scrip Code: 540358 Symbol- RMC Subject: Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015- Inve
Slide 2: Investor Presentation H1 FY26
RMC SWITCHGE ARS LIMITED Investor Presentation Harnessing Technology, Crafting Trust, and Leading India's Electrification Renaissance INVESTOR PRESENTATION H1 FY26 Chapter 1: Company Overview 04 Chapter 2: India Drivers 18 Chapter 3: Business Strategy 25 Chapter 4: Financial Results 34
Slide 3: Forward looking statements
H1 FY26 INVESTOR PRESENTATION Forward looking statements This presentation and the ensuing discussion may include forward- looking statements from RMC Switchgears Ltd that are not rooted in historical data. These forward-looking statements are contingent upon multiple risks and uncertainties, includ
Slide 4: Investment Rationale
H1 FY26 INVESTOR PRESENTATION Investment Rationale Established company with over 30 years of experience in Robust manufacturing capabilities with Strong leadership team spearheaded the electrical and power industry. state-of-the-art facilities, quality focus by Ashok Kumar Agarwal who has and skille
Slide 5: Company Overview
H1 FY26 INVESTOR PRESENTATION Chapter 1 Company Overview 4
Slide 6: Empowering India, with Every Solution
H1 FY26 INVESTOR PRESENTATION Empowering India, From Humble Beginnings to with Every Powering a Nation: RMC has undergone a transformative journey, evolving from a small enclosures Solution company with a 5,000 sq. ft. production facility to becoming a leader in India's power technology revolution,
Slide 7: Message from the Chairman & Managing Director
H1 FY26 INVESTOR PRESENTATION Message from the Chairman & Managing Director The first half of FY 2025–26 marks one of the strongest phases in RMC’s growth journey. We have delivered robust performance across Solar EPC, Electrical EPC, and Electrical Products, with consolidated revenues more than dou
Slide 8: Message from the Whole-time Director & CEO
H1 FY26 INVESTOR PRESENTATION Message from the Whole-time Director & CEO The first half of FY 2025–26 has been a clear validation of our strategy — translating intent into performance. What we are witnessing is not just growth in numbers but growth in consistency, scale, and operational maturity. Ou
Slide 9: Key Milestone in Our Journey
H1 FY26 INVESTOR PRESENTATION Key Milestone in Our Journey 2024 incorporation of Intelligent Hydel 2003 2009 Solutions Pvt. Ltd. & RMC Green Energy Pvt. Ltd. Received first order Set up a new plant for 1994 from Rajasthan State 2005 manufacturing SMC 2017 Scaled up to 3 Lakh smart meter Company inco
Slide 10: RMC's Diverse Offerings: Our Business Verticals Snapshot
H1 FY26 INVESTOR PRESENTATION RMC's Diverse Offerings: Our Business Verticals Snapshot Electrical Products Electrical EPC Solar EPC Segment Smart Meter Enclosures, Feeder Pillars & T&D Infrastructure, Smart Grid & Substation Ground-Mounted Solar, Solar Pumps, What we do Distribution Boxes, Electrica
Slide 11: Integrated Business Model: How our segments complement each other
H1 FY26 INVESTOR PRESENTATION Integrated Business Model: How our segments complement each other End-to-End Synergy for Maximum Growth & Profitability Segment Electrical Products Electrical EPC Solar EPC Solar Products Needs Solar Modules & Essential for Smart Metering Requires RMC’s Smart Meter Supp
Slide 12: Strategic Rationale Behind Solar Module Manufacturing Expansion
H1 FY26 INVESTOR PRESENTATION Strategic Rationale Behind Solar Module Manufacturing Expansion 1. Natural Backward Integration: ❑ Seamless alignment with our fast-growing Solar EPC business. ❑ Ensures steady, reliable supply of modules, mitigating supply chain risks. 2. Supply Assurance Amid Industry
Slide 13: RMC's Diverse Offerings: Our Product Portfolio
H1 FY26 INVESTOR PRESENTATION RMC's Diverse Offerings: Our Product Portfolio (1) Meter Box For Energy Meter Distribution Box Junction Box RMC's expansive range of innovative solutions, each meticulously crafted to address the multifaceted needs of the power sector. FRP Gratings SMC / FRP Chequered S
Slide 14: RMC's Manufacturing Excellence
H1 FY26 INVESTOR PRESENTATION RMC’s Manufacturing Excellence Pultrusion & SMC Block State-of-the-Art Facilities Our manufacturing hubs are equipped with the latest technologies, ensuring precision, efficiency, and scalability in every process. Injection Moulding & Office Admin Block Quality at the C
Slide 15: Ongoing Projects
H1 FY26 INVESTOR PRESENTATION Ongoing Projects : Development of Distribution Infrastructure at Jalna Circle and Satara Circle of MSEDCL Cable laying work Service connection work Installation of Conductor Jumpers SUMMARY OF DETAILED SCOPE • Site Survey: Conduct site surveys in coordination with MSEDC
Slide 16: Steering RMC: Visionaries at the Helm
H1 FY26 INVESTOR PRESENTATION Steering RMC: Visionaries at the Helm Mr. Ashok Kumar Agarwal Mr. Ankit Agrawal Mrs. Neha Agarwal Mr. Kuldeep Kumar Gupta Mrs. Krati Agarwal Mr. Shriram Vishwasrao Mane Chairman & Managing Director Whole-time Director & CEO Executive Director Independent Director Indepe
Slide 17: Steering RMC: Key Managerial Personnel
H1 FY26 INVESTOR PRESENTATION Steering RMC: Key Managerial Personnel Mr. Sajal Kumar Gosh Chief Growth Officer An accomplished leader with a vast 33 years of experience in the Indian Manufacturing Sector Mr. Gosh has demonstrated exceptional expertise in polymer and composites. His passion lies in m
Slide 18: Team RMC: Leadership Team
H1 FY26 INVESTOR PRESENTATION Team RMC: Leadership Team Ashok Kumar Agarwal CMD Neha Agarwal Ankit Agrawal Akhilesh Kumar Jain WTD & CFO WTD & CEO Chief Mentor Manish Mantri Sudhir Bisnoi Aditya Tiwari Sajal Kumar Ghosh Prabhat Kumar Business Head Head SBU Chief Growth Officer COO GM Solar Projects
Slide 19: The Essence of RMC: Our Guiding Principles and Mission
H1 FY26 INVESTOR PRESENTATION The Essence of RMC: Our Guiding Principles Our Mission Innovation Driven: Innovation at the Forefront: At our core, we're always looking for better ways to serve the power sector, At RMC, we believe in the relentless pursuit of advanced pushing boundaries and challengin
Slide 20: Strong base of Pedigree Customers (1)
H1 FY26 INVESTOR PRESENTATION Strong base of Pedigree Customers (1) State Power Utilities J&K Power Uttar Haryana HP State Ajmer Vidyut Punjab State Dakshin Haryana Jaipur Vidyut Distribution co. Ltd Bijli Vitaran Power corporation Vitaran Nigam Power Corp Ltd Bijli Vitaran Vitaran Nigam Uttar Prade
Slide 21: Strong base of Pedigree Customers (2)
H1 FY26 INVESTOR PRESENTATION Strong base of Pedigree Customers (2) EPC / Smart Metering EPC (Larsen & Toubro) NCC Limited Bajaj Electricals Ashoka Buildcon TATA Projects Limited Voltas Electrical Sterling Wilson Suncity Urja Jakson Polycab Adani Energy Solutions Montecarlo Ltd Intellismart Shirdi S
Slide 22: India's Drivers
H1 FY26 INVESTOR PRESENTATION Chapter 2 India’s Drivers 21
Slide 23: The Surge of India's Power Appetite
H1 FY26 INVESTOR PRESENTATION The Surge of India's Power Appetite Fuelling Growth: Embracing Clean Energy: According to Crisil, India’s infrastructure spending will surge to Rs India's shift towards sustainable development is clear, with a 143 lakh crore between fiscal years 2024 and 2030, more than
Slide 24: Capitalising on India's Electrification Momentum
H1 FY26 INVESTOR PRESENTATION Capitalising on India's Electrification Momentum Railway Electrification Universal Household Electrification The Indian Railways is spearheading the electrification drive with In a landmark achievement, the government has illuminated the goal of 100% electrification by
Slide 25: Capacity Building to meet future demand
H1 FY26 INVESTOR PRESENTATION Capacity Building to meet future demand Need of Future Ready Transmission Network Building capacity for increasing demand from AMISPs Future-proofing the transmission network is crucial for integrating renewable energy, managing demand growth, and enhancing reliability.
Slide 26: Building on India's Green Energy Initiatives
H1 FY26 INVESTOR PRESENTATION Building on India's Green Energy Initiatives Renewable Energy Ambition Additional Transformative Initiatives India has set a bold target of ramping its renewable energy capacity to 500 GW by 2030. To support this aim, the Government's Production Linked Incentive Program
Slide 27: Business Evolution: From Legacy Foundations to High-Value Futures
H1 FY26 INVESTOR PRESENTATION Business Evolution: From Legacy Foundations to High-Value Futures Embracing Our Roots: Our journey commenced with a solid grounding in enclosures, forming the backbone of our legacy. It's from this foundation that our commitment to pioneering the future of power technol
Slide 28: Reducing Electrical Loss in Maharashtra's High-Density Zones
H1 FY26 INVESTOR PRESENTATION Case Studies of High-Value Solutions (1) Reducing Electrical Loss in Maharashtra's High-Density Zones Problem: Innovative Solution: ▪ Energy meters were situated in deeply recessed, poorly lit areas, ▪ Introduction of RMC's Multi Meter Boxes: These units encapsulate mak
Slide 29: Business Strategy
H1 FY26 INVESTOR PRESENTATION Chapter 3 Business Strategy 28 28
Slide 30: Safeguarding Distribution Transformer Centres in Jaipur
H1 FY26 INVESTOR PRESENTATION Case Studies of High-Value Solutions (2) Safeguarding Distribution Transformer Centres in Jaipur 3. Ward off street vendors and unaware individuals, Challenge & Government Guidelines: ensuring their safety. FRP (Fibre Reinforced Plastic) Fencing Advantages: ▪ Rising inc
Slide 31: Mitigating Power Theft - The Multi-Meter Box Solution
H1 FY26 INVESTOR PRESENTATION Case Studies of High-Value Solutions (3) Mitigating Power Theft - The Multi- Meter Box Solution end within the box. A locked metering chamber Problem: Multi Meter Box Strategy: safeguards the meters. ▪ Energy Smart meters in Mumbra near Kalyan were ▪ Relocation & Groupi
Slide 32: Forging Ahead: RMC's Competitive Edge & Future Strategies
H1 FY26 INVESTOR PRESENTATION Forging Ahead: RMC's Competitive Edge & Future Strategies Rich Experience Set Us Apart: Our reach experience in the power sector highlight our enhanced capabilities and dedication, ensuring we meet stringent industry standards and always deliver our best. Undeniable Cre
Slide 33: Working culture at RMC
H1 FY26 INVESTOR PRESENTATION Working culture at RMC At RMC Switchgears, our employees are our most valuable resource. We align human resource practices with business priorities, investing in people and processes to enhance service delivery. Key Aspects of Our Working Culture: Employee Development:
Slide 34: RMC's Horizon: Business Growth & Expansive Vision
H1 FY26 INVESTOR PRESENTATION RMC's Horizon: Business Growth & Expansive Vision Strategic Approach: Focusing on Core Strengths: At RMC, we have meticulously designed our go-to-market strategies By leveraging our pre-qualifications, credentials, and bespoke EPC to align with both the current industry
Slide 35: RMC's New Horizons: Diving into Water Management
H1 FY26 INVESTOR PRESENTATION RMC's New Horizons: Diving into Water Management Need of Prudent water management: Intelligent Hydel Solutions Pvt. Ltd. India’s burgeoning population, currently exceeding 1.3 In 2024, we successfully launched a new subsidiary, holding billion and expected to reach 1.5
Slide 36: Empowering a Brighter Future with RMC
H1 FY26 INVESTOR PRESENTATION Empowering a Brighter Future with RMC Beyond Business: At RMC, it's not just about innovating in the realm of power technology. It's about touching lives, communities, and driving transformation at every level. Transform Power, Transform Lives: Every advancement we make
Slide 37: Green Initiatives RMC
H1 FY26 INVESTOR PRESENTATION Green Initiatives RMC Renewable Energy Integration: We have invested significantly in renewable energy, highlighted by our new 249 kW solar plant at our manufacturing facility. This initiative reduces carbon emissions and supports India's target of 450 GW of renewable e
Slide 38: Financial Results
H1 FY26 INVESTOR PRESENTATION Chapter 4 Financial Results 37
Slide 39: Earning Snapshot (Sequential Trends to First Half FY26)
H1 FY26 INVESTOR PRESENTATION Earning Snapshot (Sequential Trends to First Half FY26 : Consolidated) Revenues & GP Margin (%) EBITDA & Margin (%) In ₹ crore In ₹ crore 250 221.61 45.0% 40.00 18.9% 20.0% 38.4% 38.8% 213.38 34.00 40.0% 35.00 16.2% 33.39 200 35.0% 30.00 15.3% 15.0% 15.7% 30.0% 150 25.0
Slide 40: Earning Snapshot (4-year history FY22 – FY25)
H1 FY26 INVESTOR PRESENTATION Earning Snapshot (4-year history of full year performance FY22 – FY25: Consolidated) Revenue from Operations EBITDA In ₹ crore In ₹ crore 350.0 318.2 60.0 53.2 300.0 84.3% 50.0 56.0% 250.0 40.0 34.1 200.0 172.6 30.0 25.2 150.0 125.3 37.8% 35.5% 20.0 100.0 201.4% 353.9%
Slide 41: Efficiency Ratios (Consolidated)
H1 FY26 INVESTOR PRESENTATION Efficiency Ratios (Consolidated) Accounts Payable & Collection Period Inventory & Net Working Capital (Days) (Days) 180 168 120 110 157 103 101 160 146 138 100 140 82 120 110 80 100 60 77 81 60 73 80 61 58 37 60 40 32 31 26 40 21 20 20 0 0 H1 FY24 H2 FY24 H1 FY25 H2 FY2
Slide 42: Consolidated Profit and Loss Statement
H1 FY26 INVESTOR PRESENTATION Consolidated Profit and Loss Statement (Rs. In Crore) Particulars H1 FY25 H2 FY25 H1 FY26 % Change YoY Revenue From Operation 104.78 213.38 221.61 111.50% COGS 64.18 159.25 166.78 159.86% Gross Profit 40.60 54.13 54.83 35.05% Gross Margin % 38.75% 25.37% 24.74% -1401 bp
Slide 43: Consolidated Balance Sheet
H1 FY26 INVESTOR PRESENTATION Consolidated Balance Sheet (Rs. In Crore) Equity And Liabilities H1 FY25 H2 FY25 H1 FY26 Assets H1 FY25 H2 FY25 H1 FY26 Shareholder's Fund Non-Current Assets Equity Share Capital 10.31 10.55 10.55 Tangible Assets 27.93 29.91 30.70 Reserve and Surplus 60.28 96.43 116.09
Slide 44: Consolidated Fund Flow Statement
H1 FY26 INVESTOR PRESENTATION Consolidated Fund Flow Statement (Rs. In Crore) Particulars H1 FY25 H2 FY25 H1 FY26 % Change YoY Shareholder's Funds 70.59 106.99 126.64 79.40% Minority Interest 0.04 0.18 0.57 1325.00% Loan Funds 14.84 16.32 16.28 9.70% Provisions 0.89 0.77 0.77 -13.48% Other Long-Term
Slide 45: Thank You
Thank You IR Consultants – Manoj Saha rmc@dickensonworld.com www.rmcswitchgears.com Follow us Investor Relations