Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Financial Results
Audit Opinion:
Clean opinion - Limited review report issued by M/s Rakesh Ashok & Co., Chartered Accountants stated nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights [Amount in ₹ Lakhs]:
Standalone Results:
Revenue from Operations: ₹3,184.59 (Q1 FY27) vs ₹7,587.52 (Q1 FY26) - Decline of 58% YoY
Total Income: ₹3,227.19 (Q1 FY27) vs ₹7,610.40 (Q1 FY26) - Decline of 58% YoY
Net Profit: ₹114.58 (Q1 FY27) vs ₹252.57 (Q1 FY26) - Decline of 55% YoY
EPS: Basic and Diluted ₹1.08 (Q1 FY27) vs ₹2.39 (Q1 FY26)
Paid up equity share capital: ₹1,058.19 lakhs
Reserves excluding revaluation reserves: Not specified for current quarter (Previous: ₹11,333.26 lakhs)
Consolidated Results:
Revenue from Operations: ₹3,723.91 (Q1 FY27) vs ₹8,452.91 (Q1 FY26) - Decline of 56% YoY
Total Income: ₹3,768.89 (Q1 FY27) vs ₹8,475.79 (Q1 FY26) - Decline of 56% YoY
Net Profit: ₹208.23 (Q1 FY27) vs ₹408.07 (Q1 FY26) - Decline of 49% YoY
Non-Controlling Interests: ₹-0.55 lakhs
EPS: Basic and Diluted ₹1.97 (Q1 FY27) vs ₹3.86 (Q1 FY26)
Paid up equity share capital: ₹1,058.19 lakhs
Reserves excluding revaluation reserves: Not specified for current quarter (Previous: ₹11,988.00 lakhs)
Segment-wise Performance:
The Company operates in a single reportable business segment "Switch Gear Engineering and EPC contract for power distribution/transmission sector". Accordingly, disclosure of segment-wise information is not required.
Corporate Actions:
- Approved increase in Authorised Share Capital from existing ₹15,00,00,000 divided into 1,50,00,000 Equity Shares of ₹10 each to ₹20,00,00,000 divided into 2,00,00,000 Equity Shares of ₹10 each, subject to shareholders' approval at ensuing AGM
- Granted 1500 stock options to eligible employees under RMC Switchgears Limited Employees Stock Option Scheme, 2024
- No dividend declared
Other Significant Information:
- Approved formation of Joint Venture with Continental Petroleum Limited for participation in tender
- Approved Notice convening the 32nd AGM scheduled for Saturday, September 19, 2026 at 12:00 PM IST through Video Conferencing/Other Audio-Visual Means
- Approved Directors' Report for financial year ended March 31, 2026 with Management Discussion and Analysis Report
- Appointed Mr. Manoj Maheshwari (FCS: 3355) as Scrutinizer and Mrs. Sunita Manish Agarwal (FCS: 11024) as alternate Scrutinizer for AGM
- During the quarter, company allotted 5,020 equity shares of face value ₹10 each at exercise price of ₹70 each under Employee Stock Option Scheme, 2024
- Company assessed impact of new Labour Codes effective from November 21, 2025 and found no material impact
Entities included in consolidation:
1. RMC Solar Park Private Limited
2. RMC Green Energy Private Limited
3. RMC Solar One Private Limited
4. RMC Solar Two Private Limited
5. RMC Solar Three Private Limited
6. RMC Solar Five Private Limited