Press Release Dated 31.05.2026
RMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RMC Switchgears reported FY26 consolidated revenue of ₹401.59 crore, a 26.4% YoY increase from ₹317.73 crore in FY25. However, profitability declined sharply — EBITDA fell 10% to ₹47.10 crore and PAT dropped 27.3% to ₹22.45 crore, with PAT margin compressing to 5.59% from 9.72% a year ago. EBITDA margin also compressed by 475 basis points to 11.73%. Q4 FY26 showed a strong recovery with PAT of ₹9.30 crore, recovering from a Q3 FY26 loss of ₹7.07 crore. The company cited rising commodity costs, currency volatility, and supply chain disruptions as profitability headwinds during FY26.
Strong top-line growth of 26.4% is positive, but the sharp compression in margins and near-28% decline in net profit will concern investors. The Q4 turnaround provides some relief, but full-year margin erosion signals cost pressures that need monitoring.