RMC Switchgears Peer Comparison

NSE: RMC | BSE: 540358

₹246.45

₹-3.00 (-1.20%)

As on 28-Aug-2026IST

Market cap

₹261 Cr

Revenue (TTM)

₹318 Cr

P/E Ratio

11.7

P/B Ratio

1.8

Div. Yield

0 %

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	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Market cap (₹ Cr)	261	3,989	3,410	1,988	976
Revenue (₹ Cr)	318	846	681	1,943	1,815
Net Profit (₹ Cr)	31.46	99.30	57.53	91.47	47.06
Net Margin (%)	9.85	11.56	8.36	4.69	2.59
RoE (%)	37.64	28.44	24.98	9.75	7.51
Price to Earnings	11.69	40.17	59.35	21.79	22.33
Price-To-Book	1.82	9.99	13.24	1.95	1.62

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Operating Revenue	318.16	611.78	402.24	1,700.24	1,418.33
Total Income	319.42	631.05	407.37	1,705.12	1,423.67
Total Expenditure	264.93	529.98	348.95	1,445.59	1,284.43
EBITDA	53.23	81.80	53.28	254.65	133.90
Depreciation	3.11	4.47	9.47	42.16	23.42
EBIT	50.11	77.33	43.82	212.49	110.48
Interest	8.72	10.62	13.09	89.72	41.14
Other Income	1.26	19.27	5.14	4.88	5.34
Exceptional Items	--	--	--	--	--
Profit before Tax	42.66	85.98	35.87	127.64	74.68
Provision for Tax	11.20	22.10	10.44	33.66	22.20
Profit after Tax	31.46	63.88	25.42	93.99	52.49

Liabilities (₹ Cr)

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Shareholder's Funds	106.99	280.75	190.56	915.13	543.95
Minority Interest	0.18	--	0.20	2.10	8.99
Non-Current Liabilities	19.16	6.65	92.17	40.03	54.88
Current Liabilities	142.70	166.06	168.20	1,127.56	571.95
Total Liabilities	269.03	455.55	451.14	2,094.76	1,179.76

Assets (₹ Cr)

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Non-Current Assets	51.50	74.86	228.71	513.51	335.27
Current Assets	217.45	378.61	222.42	1,571.31	844.49
Total Assets	269.03	455.55	451.14	2,094.76	1,179.76
Total Debt*	58.65	8.16	168.37	633.09	457.93
Net Current Assets	74.75	212.54	54.22	443.75	272.54
Contingent Liabilities	0.76	1.32	0.07	6.32	75.29

Cashflow (₹ Cr)

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Cash From Operating Activities	15.60	55.75	-26.31	138.21	-11.29
Cash Flow from Investing Activities	-23.20	-18.15	-52.76	-70.13	-78.93
Cash from Financing Activities	15.26	1.43	71.77	-65.72	90.48
Net Cash Inflow / Outflow	7.66	39.03	-7.31	2.36	0.27

Ratios

Profitability Ratios

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
ROCE (%)	37.26	37.81	16.01	14.49	12.99
ROE (%)	37.64	25.66	14.54	10.78	10.34
ROA (%)	14.83	15.34	6.57	4.76	4.83
EBIT Margin (%)	17.13	16.52	14.52	15.26	9.82
Net Margin (%)	9.85	10.12	6.24	5.51	3.69
Cash Profit Margin (%)	9.21	11.17	8.67	8.01	5.35

Growth Ratios

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Revenue Growth (%)	84.30	21.57	22.60	16.39	21.61
EBIT Growth (%)	56.61	35.39	24.21	32.15	17.08
Net Profit Growth (%)	111.34	36.32	30.92	115.44	11.52
EPS Growth (%)	106.39	36.32	31.45	115.24	8.95
Book Value Growth (%)	77.38	29.28	15.66	10.49	15.40

Valuation Ratios

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Price / Earnings	24.25	37.42	125.11	28.33	37.41
Price / Book Value	7.14	8.51	17.08	2.90	3.50
Dividend Yield (%)	0.00	0.00	0.00	0.24	0.23
EV/EBITDA	14.90	22.81	57.65	12.44	16.88
Market Cap (₹ Cr)	762.85	2,390.58	3,203.94	2,656.63	1,901.98

Solvency Ratios

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Debt to Equity	0.55	0.03	0.90	0.69	0.84
Short term debt to equity ratio	0.35	--	0.47	0.61	0.78
Current Ratio	1.52	2.28	1.32	1.39	1.48
Quick Ratio	1.38	1.47	0.87	0.78	0.83
Interest Coverage	5.89	9.09	3.74	2.42	2.82

Operating Efficiency Ratios

	RMC Switchgears	Indo Tech	Spectrum Electrical	HPL Electric	Salzer Electronics
Debtors to sales (%)	46.60	20.03	30.94	41.97	28.59
Asset Turnover	1.77	1.47	1.04	0.86	1.31
Receivable days	116.59	78.00	93.47	151.39	96.33
Inventory Days	14.78	75.48	63.95	136.27	85.08
Payable days	77.56	61.06	49.79	123.57	37.83
Cash Conversion Cycle	53.82	92.42	107.63	164.09	143.58