Financials for 31.03.2026
RMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RMC Switchgears reported mixed FY26 results with consolidated revenue up 26.4% to ₹40,159 Lacs but profit after tax fell 26.9% to ₹2,242 Lacs. On a standalone basis, revenue declined 3.9% to ₹30,347 Lacs while PAT dropped 48.3% to ₹1,582 Lacs. The company reported significant negative operating cash flows of ₹1,160 Lacs (consolidated) and ₹1,863 Lacs (standalone), a major concern. Finance costs surged nearly 60% year-on-year to ₹1,385 Lacs. Short-term borrowings more than doubled to ₹8,938 Lacs. The auditor issued an unmodified (clean) opinion. The company also migrated from SME to Main Board of BSE/NSE effective April 1, 2026. One subsidiary (Inteligence Hydl) was deconsolidated during the year. R&D spend of ₹797 Lacs was incurred on new product Pulsebox.
Sharp PAT decline despite revenue growth signals margin compression and cost pressures. Negative operating cash flows and rising debt levels raise liquidity concerns. The stock may face bearish sentiment given profit contraction despite top-line growth.