RMC Switchgears

RMC Switchgears received 12 letters of award worth ₹333.80 crore from Paschim Gujarat Vij Company to convert overhead high-tension and low-tension networks into underground cable networks. Awards received between July and August 2026 totalled about ₹369.63 crore, taking the confirmed unexecuted order book to about ₹1,188 crore. The Paschim Gujarat packages run for 12 to 18 months from a 45-day commencement period. Consolidated revenue was about ₹401.6 crore in the year to March 2026, with EBITDA margin at 11.7%. Order wins have ranged from about ₹1.9 crore to about ₹320 crore, with larger awards clustering between ₹100 crore and ₹320 crore. The unexecuted order book stood at ₹571.63 crore plus a ₹200.86 crore letter of intent in February 2026. Management put the book at ₹800-850 crore in August 2026.

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RMC Switchgears received Letters of Award worth ₹14.99 crore from Maharashtra State Electricity Distribution Co. Ltd. (Mahavitaran) for solar water-pumping systems under the Magel Tyala Saur Krushi Pump scheme and PM KUSUM B. The five-year award covered design, manufacture, supply, installation, testing, commissioning, warranty, maintenance and remote monitoring for 3 HP, 5 HP and 7.5 HP systems at farmers’ sites in Maharashtra. The award followed a ₹1.89 crore Phase III transformer-distribution-box turnkey LOA from Anand Transformers in August. RMC Switchgears’ consolidated revenue for FY26 was ₹401.6 crore, and its operations included switchgear engineering and electrical, solar and product-related EPC activities.

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Aug 27 (Reuters) - RMC Switchgears Ltd RMCW.NS:

• RMC SWITCHGEARS - TO BUY 51% STAKE IN RMC NEXTGEN SYSTEMS LLP

Source text: ID:nNSEbvjl1p

Further company coverage: RMCW.NS

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Aug 13 (Reuters) - RMC Switchgears Ltd RMCW.NS:

• RMC SWITCHGEARS - RECEIVES LOA WORTH 18.9 MILLION RUPEES FROM ANAND TRANSFORMERS FOR TURNKEY CONTRACT

Source text: ID:nBSE5zC16W

Further company coverage: RMCW.NS

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RMC Switchgears received 12 Letters of Award from Paschim Gujarat Vij Company Limited (PGVCL) worth ₹333.80 crore for turnkey conversion of existing 11 kV HT and LT line networks into underground cable networks in Gujarat. The contracts cover subdivisions across Bhavnagar, Anjar, Jamnagar and Junagadh circles under PGVCL's SI Scheme, with execution periods of 12 to 18 months. The company said the awards will strengthen its order book and contribute positively to revenue and growth prospects.

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Aug 4 (Reuters) - RMC Switchgears Ltd RMCW.NS:

• RMC SWITCHGEARS - GETS 12 LETTERS OF AWARD WORTH 3.34 BILLION RUPEES

Source text: ID:nNSE9L6flm

Further company coverage: RMCW.NS

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RMC Switchgears received a Letter of Award worth ₹5.01 crore from Genus Power Infrastructures on July 24, 2026. The order covers UND S_Panel mounting structures of 1.1KW capacity and is to be executed over six months. The company stated the award will further strengthen its order book and contribute positively to revenue growth.

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July 24 (Reuters) - RMC Switchgears Ltd RMCW.NS:

• RMC SWITCHGEARS LTD- GOT ORDER WORTH 5 MILLION RUPEES

Further company coverage: RMCW.NS

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RMC Switchgears received a Letter of Award worth ₹23.63 crore from MAHAVITRAN, the Maharashtra state electricity distribution company, on July 8, 2026. The contract involves the design, manufacture, supply, transport, installation, and commissioning of off-grid DC solar photovoltaic water pumping systems of 3 HP, 5 HP, and 7.5 HP capacities at identified farmer sites across Maharashtra. The award is part of the "Magel Tyala Saur Krushi Pump" Yojana and the PM KUSUM B scheme, and includes a five-year comprehensive warranty with remote monitoring. The order is expected to be executed over a five-year period and adds to the company's existing electrical infrastructure order book.

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** Shares of India's RMC Switchgears RMCW.NS rise 3.09% to 306.80 rupees

** Stock on track to snap three sessions of losses, if gains hold

** The electrical components and equipment maker receives a contract worth 236.4 million rupees ($2.48 million) from Maharashtra State Electricity Distribution Co (MSEDCL)

** Order for design, supply, installation, testing and commissioning of off-grid solar water pumping systems under a government scheme

** Company says order is expected to strengthen its order book and support revenue growth

** RMC stock down 18.88% since its debut on April 1

($1 = 95.2550 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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Feb 3 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RMC SWITCHGEARS LTD - RECEIVES LOI AMOUNTING TO 2.01 BILLION RUPEES

Source text: ID:nBSEbdQCNP

Further company coverage: RMCW.BO

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Jan 21 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RECEIVES LOI AMOUNTING TO 279.4 MILLION RUPEES

Source text: ID:nBSE5SnMtn

Further company coverage: RMCW.BO

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** Shares of RMC Switchgears RMCW.BO rise 3.4% to 764 rupees, biggest intra-day pct gain since Sept 19

** Stock set for third straight session of gains

** Electrical infrastructure solutions co reports consolidated sales of 2.21 bln rupees ($24.90 million) for half year ended September 30, 2025

** Stock down 31.2% YTD

($1 = 88.7650 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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Sept 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RMC SWITCHGEARS LTD - RECEIVES LOI WORTH 591.2 MILLION RUPEES

Source text: ID:nBSE7fn96Z

Further company coverage: RMCW.BO

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July 11 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RMC SWITCHGEARS LTD - REPORTS 165% YOY GROWTH IN Q1 SALES

• RMC SWITCHGEARS LTD - Q1 REVENUES 861.4 MILLION RUPEES, UP FROM 340.4 MILLION RUPEES YEAR AGO

Source text: ID:nBSE2mb6bj

Further company coverage: RMCW.BO

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April 16 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• ANAND CHATURVEDI RESIGNS AS CFO OF RMC SWITCHGEARS

Source text: ID:nBSE3QL98n

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** RMC Switchgears RMCW.BO jumps an exchange-allowed maximum of 5% to 574.65 rupees

** Stock eyes best day in nearly a month

** Electrical components maker got order from Government of Rajasthan for installation of rooftop solar systems

** Project valued at 3.2 bln rupees (~$37 mln) and estimated capacity of 50 megawatts

** Order includes one-time revenue of 2.29 bln rupees and recurring revenue of 910 mln rupees over next 25 years

** Year-to-date, RMCW down ~51%

($1 = 86.8150 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Feb 5 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RECEIVES WORK ORDER WORTH 1.08 BILLION RUPEES

Source text: ID:nBSE6ZjNNq

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Dec 23 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RMC SWITCHGEARS LTD - RECEIVES WORK ORDER WORTH 54.2 MILLION RUPEES

Source text: ID:nBSE3VlDk

Further company coverage: RMCW.BO

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Dec 17 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• RECEIVES LOA FOR 5,000 SOLAR PUMPS IN MAHARASHTRA

• LOA VALUED AT 900 MILLION RUPEES FOR 5000 SOLAR PUMPS

Source text: ID:nBSE7Q2Y7l

Further company coverage: RMCW.BO

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** RMC Switchgears RMCW.BO hits exchange-allowed upper limit of 5% to 1,104.45 rupees

** Electrical components maker to set up solar module manufacturing plant in Jaipur with estimated capex at 1 bln rupees ($11.8 mln)

** Project with 1 GWP annual production capacity expected to be operational by July 2025

** Stock up ~82% YTD

($1 = 84.8230 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Adds full name of Italian company in first paragraph

MILAN, Nov 12 (Reuters) - Acciona ANA.MC and Italy's RCM Costruzioni will build a breakwater to protect the new liquefied natural gas (LNG) terminal located off the port of Ravenna, in a contract worth 216 million euros ($230 million), the Spanish group said on Tuesday.

The terminal, which will be managed by Italy's gas grid operator Snam SRG.MI, is expected to be ready in the first quarter of next year.

Imports of LNG, which arrives via ships and is regasified at terminals before being transported through pipeline to domestic customers, have become a major source of supply, covering around one fourth of Italy's annual gas consumption.

Ravenna's work consists of a vertical concrete quay, with a length of 880 meters and a width of 22 meters.

The project will be located 8.5 kilometres off the coast of Punta Marina, south of the port of Ravenna in the northern Adriatic Sea, and has a completion period of 24 months.

The contract is fully covered with funds granted by Italian state lender Cassa Depositi e Prestiti (CDP) to the North Central Adriatic Sea Port Authority, the client for the contract.

Acciona, whose Italian business is headed by Luigi Patìmo, provides water supply and treatment services to more than two million people in 10 Italian regions.

It has also carried out major infrastructure projects in the country, such as the railway junction linking Bologna to the Milan-Naples high-speed rail line and the expansion of Rome Fiumicino airport.
($1 = 0.9407 euros)

(Reporting by Francesca Landini
Editing by Keith Weir)

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Oct 8 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• SECURED EPC, O&M CONTRACT WORTH 2.01 BILLION RUPEES

• CONTRACT FOR DEVELOPMENT OF SOLAR POWER PROJECT

Source text for Eikon: ID:nBSEzk9FZ

Further company coverage: RMCW.BO

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** India's RMC Switchgears RMCW.BO shares closed at an exchange-allowed maximum of 5% to 958.4 rupees

** RMCW logged gains for first time in five sessions

** Electrical components maker won order to develop 41-megawatt solar photovoltaic power project in western Maharashtra state; deal value undisclosed

** YTD stock has climbed over 58%

(Reporting by Hritam Mukherjee in Bengaluru)

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Aug 20 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• UNIT GETS APPROVAL TO ESTABLISH 50 MW RENEWABLE ENERGY PARK IN RAJASTHAN

Source text for Eikon: ID:nBSE3xxx6F

Further company coverage: RMCW.BO

(Reporting by VijayDattaram Malkar)

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Aug 7 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• APPROVED ISSUANCE OF SHARES WORTH 150.1 MILLION RUPEES

Source text for Eikon: ID:nBSE4Hd5sY

Further company coverage: RMCW.BO

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Aug 1 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• TO CONSIDER PREFERENTIAL ISSUE OF EQUITY SHARES

Source text for Eikon: ID:nBSE71Qcrl

Further company coverage: RMCW.BO

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July 9 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• GETS ORDER WORTH ABOUT 47.6 MILLION RUPEES

Source text for Eikon: ID:nBSE5lSVRK

Further company coverage: RMCW.BO

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June 19 (Reuters) - Marco Cables & Conductors Ltd MRCC.NS:

• GETS ORDERS WORTH 46.8 MILLION RUPEES

• GOT PURCHASE ORDER RECEIVED FROM RMC SWITCHGEARS

Source text for Eikon: ID:nNSE8DsjFF

Further company coverage: MRCC.NS

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June 4 (Reuters) - RMC Switchgears Ltd RMCW.BO:

• GETS ORDER WORTH 566.8 MILLION RUPEES

Further company coverage: RMCW.BO

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