Disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015: Press Release w.r.t RMC Switchgears sees over 110% year-on-year growth in H1 Sales for FY 2025-26.
RMC · price
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Awaiting price reaction for this filing.
RMC Switchgears reported unaudited H1 FY26 sales of ₹221 crore, more than double the ₹105 crore recorded in H1 FY25, a growth of over 110%. The Solar EPC segment was the biggest contributor at ₹114 crore, followed by Electrical EPC at ₹57 crore and Electrical Products at ₹50 crore. The company has an order pipeline of ₹825 crore to be executed over the next ~12 months, giving strong revenue visibility. RMC also completed a proof-of-concept for its 'Pulse Box' smart power distribution product and is setting up a 1 GW solar module manufacturing plant to support its solar EPC business. The figures are management-reported and unaudited, pending auditor review.
Very positive for shareholders — H1 numbers significantly outpace last year, and the ₹825 crore pipeline (roughly 1.9x H1 revenue) provides strong forward visibility. Expect positive stock reaction, though the unaudited nature of the numbers and dependence on solar EPC execution warrant caution.