31st Annual General Meeting of the Company to be held on September 26,2025
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RMC Switchgears Ltd has informed BSE that its 31st Annual General Meeting will be held on Friday, September 26, 2025 at 12:00 PM IST via Video Conferencing, and submitted a copy of its Integrated Annual Report for FY 2024-25. The Annual Report highlights consolidated revenue of Rs 318.2 crore in FY25, up 84% year-on-year from Rs 172.6 crore, with profit after tax more than doubling to Rs 31.5 crore (111% growth) and EPS rising to Rs 30.31. EBITDA margin stood at 16.7% on a gross margin of 29.8%, with shareholders' equity increasing by over Rs 46.66 crore and current ratio at 1.77. Major order wins include a Rs 320 crore rooftop solar EPC order (including Rs 91 crore of O&M contracts), a Rs 108 crore cabling and RMU order from Gujarat, and a 46+17 MW solar EPC order from MAHAGENCO under the MSKVY 2.0 scheme. The company is setting up a 1 GW solar module plant at Chaksu, Jaipur, and has incorporated two new subsidiaries — RMC Solar One Pvt. Ltd. and RMC Green Energy Pvt. Ltd. — as part of its Vision 2030 target of Rs 5,000 crore in revenue.
This is a routine AGM notice and annual report submission, so no immediate stock price catalyst. However, the strong FY25 numbers (84% revenue growth, 111% PAT growth), robust order book of over Rs 450 crore in new wins, and the upcoming 1 GW solar module plant signal a meaningful growth trajectory for shareholders. Investors should watch the AGM for management commentary on execution timelines and the FY26 roadmap.