Rmc Switchgears Ltd. · NSE:RMC
Rmc Switchgears — Q1 FY27 Earnings Presentation
47 slides from Rmc Switchgears's earnings presentation, Sep 16, 2026
Slide 1: Investor Presentation Q1 FY27
RMC SWITCHGE ARS LIMITED Investor Presentation From Electrical EPC to Modern Electrical Technology, Engineering Safety, Quality, and Intelligent Power Infrastructure for India. INVESTOR PRESENTATION Q1 FY27 Chapter 1: Company Overview 04 Chapter 2: India Drivers 20 Chapter 3: Business Strategy 31 Ch
Slide 2: Forward looking statements
Q1 FY27 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. Statements regarding new products, pilot projects, market opportunities, order pipelines, and
Slide 3: Investment Rationale
Q1 FY27 INVESTOR PRESENTATION Investment Rationale Established company with over 30 years of experience in Robust manufacturing capabilities with the electrical and power industry. Strong leadership team spearheaded state-of-the-art facilities, quality focus by Ashok Kumar Agarwal who has and skille
Slide 4: Company Overview
Q1 FY27 INVESTOR PRESENTATION Chapter 1 Company Overview 4
Slide 5: Empowering India, with Every Solution
Q1 FY27 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 6: Message from the Chairman & Managing Director
Q1 FY27 INVESTOR PRESENTATION Message from the Chairman & Managing Director Our first day as a Main Board company was also the first day of this quarter. Our shares began trading on the Main Board of BSE Limited and were listed on the National Stock Exchange of India Limited on 1st April 2026. I hav
Slide 7: Message from the Whole-time Director & CEO
Q1 FY27 INVESTOR PRESENTATION Message from the Whole-time Director & CEO A quarter is a short window into an infrastructure business. The contracts we sign this year will be built over the next two. That gap between award and billing shaped our first quarter of FY2027, and I would rather explain it
Slide 8: Key Milestone in Our Journey
Q1 FY27 INVESTOR PRESENTATION Key Milestone in Our Journey 2003 2009 1994 Received first order 2005 Set up a new plant for 2017 2025 from Rajasthan State manufacturing SMC Company incorporated for meter boxes Factory area increases and Polycarbonate Listed on Bombay RMC Named in Forbes Asia’s Best i
Slide 9: RMC's Diverse Offerings: Our Business Verticals Snapshot
Q1 FY27 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 10: Integrated Business Model: How our segments complement each other
Q1 FY27 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 Delivers turnkey solar execution, Supplies smart meter enclosures, Executes T&D infrastructure, g
Slide 11: RMC's Diverse Offerings: Our Product Portfolio
Q1 FY27 INVESTOR PRESENTATION RMC's Diverse Offerings: Our Product Portfolio RMC's portfolio spans the full distribution chain — from proven enclosures, FRP, and panel products to certified intelligent technology like PulseBox — engineered for safety, quality, and modern infrastructure. SMC / FRP Ch
Slide 12: RMC's Manufacturing Excellence
Q1 FY27 INVESTOR PRESENTATION RMC’s Manufacturing Excellence SMC & Metal Block State-of-the-Art Facilities Our manufacturing hubs are equipped with the latest technologies, ensuring precision, efficiency, and scalability in every process. Office Admin Block Quality at the Core From raw materials to
Slide 13: Ongoing Projects
Q1 FY27 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 14: Steering RMC: Visionaries at the Helm
Q1 FY27 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 15: Steering RMC: Key Managerial Personnel
Q1 FY27 INVESTOR PRESENTATION Steering RMC: Key Managerial Personnel Mr. Manish Mantri Chief Operating Officer A seasoned expert with around 30 years of diverse experience in the manufacturing and service sectors, Mr. Manish Mantri has demonstrated exceptional proficiency in project management, oper
Slide 16: Team RMC: Leadership Team
Q1 FY27 INVESTOR PRESENTATION Team RMC: Leadership Team Ashok Kumar Agarwal CMD Neha Agarwal Ankit Agrawal Akhilesh Kumar Jain WTD & CFO WTD & CEO Chief Mentor Sajal Kumar Ghosh Manish Mantri Vikash Verma Sudhir Bisnoi Business Head Chief Growth Officer COO Deputy CFO (Electricals) Manish Dhadhich P
Slide 17: The Essence of RMC: Our Guiding Principles
Q1 FY27 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 18: Strong base of Pedigree Customers (1)
Q1 FY27 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 19: Strong base of Pedigree Customers (2)
Q1 FY27 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 20: India's Drivers
Q1 FY27 INVESTOR PRESENTATION Chapter 2 India’s Drivers 20
Slide 21: The Surge of India's Power Appetite
Q1 FY27 INVESTOR PRESENTATION The Surge of India's Power Appetite A Decade of Investment Ahead: The Smart Metering Wave: The National Electricity Plan (2023–2032) commits an estimated Under the ₹3.03 lakh crore RDSS (₹2.8 lakh crore already ₹9.15 lakh crore to transmission, expanding the network fro
Slide 22: Capitalising on India's Electrification Momentum
Q1 FY27 INVESTOR PRESENTATION Capitalising on India's Electrification Momentum Transmission Network Expansion Universal Household Electrification India's grid, the world's largest synchronous network, has Under Saubhagya, DDUGJY, and IPDS, backed by ~₹1.85 lakh surpassed 5 lakh circuit km and will e
Slide 23: Capacity Building to meet future demand
Q1 FY27 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 24: Building on India's Green Energy Initiatives
Q1 FY27 INVESTOR PRESENTATION Building on India's Green Energy Initiatives Renewable Energy Ambition Additional Transformative Initiatives India targets 500 GW of non-fossil capacity by 2030. Installed non-fossil capacity reached 304.33 GW as of 31st August 2026. Solar crossed 164.59 GW on 31st July
Slide 25: Business Evolution: From Legacy Foundations to High-Value Futures
Q1 FY27 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 26: Making the Transformer Node Intelligent
Q1 FY27 INVESTOR PRESENTATION Making the Transformer Node Intelligent Introducing PulseBox — India’s First IS 14772-Certified Smart LT Distribution Box India’s ₹3.03 Lakh Crore RDSS programme installed smart meters at the consumer and Distribution Transformer (DT) levels, for the first time, India’s
Slide 27: What PulseBox Does — And Why No One Else Can
Q1 FY27 INVESTOR PRESENTATION What PulseBox Does — And Why No One Else Can Field-Validated. Nationally Certified. Commercially De-Risked. Transformer Failure Prevention What we have achieved (FY2025–26) Real-time busbar temperature & overload monitoring detects Proof of Concept deployed across 5+ st
Slide 28: Reducing Electrical Loss in Maharashtra's High-Density Zones
Q1 FY27 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: Safeguarding Distribution Transformer Centres in Jaipur
Q1 FY27 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 30: Making the Transformer Node Intelligent — PulseBox
Q1 FY27 INVESTOR PRESENTATION Case Studies of High-Value Solutions (3) Making the Transformer Node Intelligent — PulseBox ▪ Safety liability eliminated: A non-conductive FRP Problem: Innovative Solution — PulseBox : enclosure, IS 14772-certified and CPRI type-tested, ▪ The LT distribution box at the
Slide 31: Business Strategy
Q1 FY27 INVESTOR PRESENTATION Chapter 3 Business Strategy 31 31
Slide 32: Forging Ahead: RMC's Competitive Edge & Future Strategies
Q1 FY27 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
Q1 FY27 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
Q1 FY27 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 certified products, engineering capability, pre- to align with both the current industry
Slide 35: Empowering a Brighter Future with RMC
Q1 FY27 INVESTOR PRESENTATION Empowering a Brighter Future with RMC Beyond Business: From our roots in Rajasthan to a growing multi-state presence, RMC's reach now extends across northern, western, and central India, deepening our footprint within the markets we serve best. Transform Power, Transfor
Slide 36: Green Initiatives RMC
Q1 FY27 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 37: CSR & Community Impact
Q1 FY27 INVESTOR PRESENTATION CSR & Community Impact Solar Street Lighting Blood Donation Camp Anushree Foundation RMC organised a Blood Donation In partnership with the Anushree Camp that collected ~400 units of Foundation, RMC installed solar- blood. With each unit able to benefit powered streetli
Slide 38: Women's participation across RMC
Q1 FY27 INVESTOR PRESENTATION Women's participation across RMC 21.9% women 122 women across a total workforce of 557 Women across locations Head Office (Malviya Nagar) 13 Chaksu Plant (RMC roll) 60 Chaksu Plant (contract roll) 49 Figures represent total workforce including contract labour. Bar lengt
Slide 39: Financial Results
Q1 FY27 INVESTOR PRESENTATION Chapter 4 Financial Results 39
Slide 40: Earning Snapshot (Q1 FY27: Consolidated)
Q1 FY27 INVESTOR PRESENTATION Earning Snapshot (Q1 FY27 : Consolidated) Revenues & GP Margin (%) EBITDA & Margin (%) In ₹ crore In ₹ crore 90 44.9% 50.0% 10.00 25.0% 20.8% 80 70 40.0% 8.00 20.0% 60 30.0% 6.00 15.0% 50 21.5% 40 20.0% 4.00 10.0% 30 10.5% 20 10.0% 2.00 5.0% 10 84.53 37.24 8.88 7.75 0 0
Slide 41: Earning Snapshot (5-year history FY22–FY26: Consolidated)
Q1 FY27 INVESTOR PRESENTATION Earning Snapshot (5-year history of full year performance FY22 – FY26: Consolidated) Revenue from Operations EBITDA In ₹ crore In ₹ crore 450.0 401.6 60.0 52.4 400.0 26.4% 50.0 -10.1% 47.1 350.0 317.7 300.0 40.0 34.1 56.0% 250.0 84.3% 30.0 25.2 200.0 172.6 35.5% 150.0 1
Slide 42: Efficiency Ratios (Consolidated)
Q1 FY27 INVESTOR PRESENTATION Efficiency Ratios (Consolidated) Accounts Payable & Collection Period Inventory & Net Working Capital (Days) (Days) 180 161 120 157 103 160 138 100 91 140 120 80 63 100 60 80 65 58 56 37 60 40 25 23 40 20 20 0 0 FY24 FY25 FY26 FY24 FY25 FY26 Accounts Payable (Days) Coll
Slide 43: Standalone Profit and Loss Statement
Q1 FY27 INVESTOR PRESENTATION Standalone Profit and Loss Statement (Rs. In Crore) Particulars Q1 FY27 Q1 FY26 % Change YoY Revenue From Operation 31.85 75.88 -58.03% COGS 16.93 60.24 -71.89% Gross Profit 14.92 15.64 -4.63% Gross Margin % 46.84% 20.61% 2622 bps Employee Expenses 4.69 4.43 5.77% Other
Slide 44: Consolidated Profit and Loss Statement
Q1 FY27 INVESTOR PRESENTATION Consolidated Profit and Loss Statement (Rs. In Crore) Particulars Q1 FY27 Q1 FY26 % Change YoY Revenue From Operation 37.24 84.53 -55.95% COGS 20.53 66.36 -69.06% Gross Profit 16.71 18.16 -8.02% Gross Margin % 44.87% 21.49% 2338 bps Employee Expenses 4.70 4.43 6.09% Oth
Slide 45: Standalone Balance Sheet
Q1 FY27 INVESTOR PRESENTATION Standalone Balance Sheet (Rs. In Crore) Equity And Liabilities FY26 FY25 Assets FY26 FY25 Shareholder's Fund Non-Current Assets Equity Share Capital 10.58 10.55 Tangible Assets 41.71 34.32 Reserve and Surplus 113.33 96.57 Intangible Assets 3.01 0.07 Investments 11.89 9.
Slide 46: Consolidated Balance Sheet
Q1 FY27 INVESTOR PRESENTATION Consolidated Balance Sheet (Rs. In Crore) Equity And Liabilities FY26 FY25 Assets FY26 FY25 Shareholder's Fund Non-Current Assets Equity Share Capital 10.58 10.55 Tangible Assets 52.50 37.47 Reserve and Surplus 119.88 96.61 Intangible Assets 3.02 0.07 Lease Assets 3.60
Slide 47: Thank You
Thank You IR Consultants – Manoj Saha rmc@dickensonworld.com www.rmcswitchgears.com Follow us Investor Relations