Rmc Switchgears Limited has informed the Exchange regarding a press release dated May 31, 2026, titled "RMC Switchgears reports consolidated revenue of Rs. 401.59 crore in FY26, growth of 26.40% YoY".
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RMC Switchgears Limited reported FY26 consolidated revenue of Rs. 401.59 crore, a strong 26.40% year-on-year growth from Rs. 317.73 crore in FY25. However, profitability declined significantly as PAT fell 27.3% to Rs. 22.45 crore and EBITDA dropped 10% to Rs. 47.10 crore. EBITDA margin compressed from 16.48% to 11.73% (down 475 basis points) due to rising commodity costs, currency volatility, and supply chain disruptions affecting the electrical and EPC sectors. Q4 FY26 showed a recovery, with revenue of Rs. 142.94 crore and net profit of Rs. 9.30 crore, recovering from a Q3 loss of Rs. 7.07 crore. The company operates across switchgear engineering, smart metering, electrical safety products, and EPC projects.
Strong revenue growth demonstrates business momentum, but margin compression and profit decline may concern investors focused on profitability. The Q4 turnaround is a positive signal for operational recovery.