RMC Switchgears Peer Comparison

NSE: RMC | BSE: 540358

₹225.20

₹8.56 (3.95%)

As on 22-Sep-2026IST

Market cap

₹239 Cr

Revenue (TTM)

₹402 Cr

P/E Ratio

10.7

P/B Ratio

1.8

Div. Yield

0 %

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	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Market cap (₹ Cr)	239	5,795	3,485	1,799	966
Revenue (₹ Cr)	402	681	846	1,943	1,815
Net Profit (₹ Cr)	22.42	57.53	99.30	91.47	47.06
Net Margin (%)	5.56	8.36	11.56	4.69	2.59
RoE (%)	18.87	24.98	28.44	9.75	7.51
Price to Earnings	10.72	100.87	35.09	19.72	22.10
Price-To-Book	1.81	10.88	8.72	1.77	1.60

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Operating Revenue	401.59	--	782.08	1,811.10	1,758.38
Total Income	403.28	--	792.66	1,815.93	1,760.46
Total Expenditure	354.53	--	653.11	1,529.66	1,611.91
EBITDA	47.06	--	128.97	281.43	146.47
Depreciation	4.53	--	4.81	63.23	27.32
EBIT	42.54	--	124.16	218.21	119.15
Interest	13.85	--	11.04	94.11	47.76
Other Income	1.69	--	10.58	4.83	2.08
Exceptional Items	--	--	--	-5.45	--
Profit before Tax	30.37	--	123.70	123.48	73.47
Provision for Tax	7.95	--	30.93	32.23	18.45
Profit after Tax	22.42	--	92.77	91.25	55.01

Liabilities (₹ Cr)

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Shareholder's Funds	130.46	--	373.71	1,000.20	592.66
Minority Interest	0.18	--	--	2.35	9.71
Non-Current Liabilities	18.37	--	5.39	125.27	63.00
Current Liabilities	222.79	--	202.58	1,261.78	706.31
Total Liabilities	371.80	--	584.54	2,398.33	1,371.68

Assets (₹ Cr)

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Non-Current Assets	79.70	--	107.05	676.53	372.76
Current Assets	292.09	--	474.63	1,713.07	998.92
Total Assets	371.80	--	584.54	2,398.33	1,371.68
Total Debt*	103.08	--	5.19	749.76	532.18
Net Current Assets	69.31	--	272.05	451.29	292.61
Contingent Liabilities	0.29	--	1.32	4.74	72.38

Cashflow (₹ Cr)

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Cash From Operating Activities	-11.60	--	56.88	226.48	46.48
Cash Flow from Investing Activities	-25.33	--	-53.22	-222.72	-66.43
Cash from Financing Activities	32.53	--	-5.09	16.13	20.72
Net Cash Inflow / Outflow	-4.39	--	-1.43	19.88	0.77

Ratios

Profitability Ratios

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
ROCE (%)	22.26	--	40.35	13.19	11.40
ROE (%)	18.87	--	28.35	9.53	9.68
ROA (%)	6.89	--	17.92	4.08	4.31
EBIT Margin (%)	12.14	--	17.84	15.81	8.45
Net Margin (%)	5.56	--	11.70	5.03	3.13
Cash Profit Margin (%)	6.71	--	12.48	8.53	4.68

Growth Ratios

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Revenue Growth (%)	26.39	--	27.84	6.52	23.98
EBIT Growth (%)	-8.70	--	38.07	10.30	6.69
Net Profit Growth (%)	-26.87	--	45.22	-2.91	4.82
EPS Growth (%)	-27.33	--	45.22	-2.94	4.13
Book Value Growth (%)	21.73	--	33.11	9.30	8.95

Valuation Ratios

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Price / Earnings	16.74	--	12.68	18.18	16.38
Price / Book Value	2.86	--	3.15	1.65	1.46
Dividend Yield (%)	0.00	--	0.90	0.39	0.51
EV/EBITDA	9.51	--	7.65	8.12	9.35
Market Cap (₹ Cr)	373.64	--	1,175.93	1,654.44	867.06

Solvency Ratios

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Debt to Equity	0.79	--	0.01	0.75	0.90
Short term debt to equity ratio	0.62	--	--	0.60	0.83
Current Ratio	1.31	--	2.34	1.36	1.41
Quick Ratio	1.23	--	1.37	0.76	0.75
Interest Coverage	3.19	--	12.21	2.31	2.54

Operating Efficiency Ratios

	RMC Switchgears	Spectrum Electrical	Indo Tech	HPL Electric	Salzer Electronics
Debtors to sales (%)	51.09	--	15.47	42.25	25.34
Asset Turnover	1.23	--	1.51	0.81	1.38
Receivable days	160.62	--	56.83	149.03	88.32
Inventory Days	17.54	--	77.30	145.63	86.78
Payable days	71.02	--	35.02	154.58	40.00
Cash Conversion Cycle	107.15	--	99.11	140.08	135.11