RMC Switchgears Ltd recognised among Forbes Asia's Best Under a Billion 2025

RMC Switchgears Ltd.(BSE: RMC) has been recognised in Forbes Asia's Best Under a Billion 2025 list, which celebrates the 200 top-performing publicly listed companies in the Asia-Pacific region with revenues under USD 1 billion. The list, compiled from a universe of over 19,000 companies, highlights enterprises demonstrating sustainable growth, robust governance, and long-term financial strength.

This recognition marks a proud milestone in RMC's journey. From its modest beginnings in 1994 as RFH Metal Castings, the Company has grown into a trusted innovator in power distribution and transmission solutions. Today, RMC is widely respected for its engineering quality, financial prudence, and its role in advancing India's electrical infrastructure.

About the Forbes Asia Best Under a Billion List

The 2025 list spotlights 200 Asia-Pacific companies with annual revenues above USD 10 million but below USD 1 billion. Selection is based on composite scores covering debt levels, sales and earnings-per-share growth (over one- and threeyear periods), and return on equity (over one- and five-year averages). Qualitative filters such as governance, environmental standards, and management practices are also applied to ensure resilience and reliability.

Mr. Ankit Agrawal, CEO and Whole-Time Director of RMC Switchgears Limited, said: "Being featured in Forbes Asia's Best Under a Billion list is both an honour and a reflection of our journey so far. This achievement belongs to our employees, customers, and partners who have placed their trust in us. We started with a vision to build safe and reliable electrical infrastructure for India, and today this recognition strengthens our resolve to continue innovating and delivering solutions that are sustainable, scalable, and impactful."

The inclusion of RMC Switchgears on this prestigious list reinforces the Company's brand credibility, global visibility, and stakeholder trust. It also reaffirms RMC's long-term vision of driving sustainable value creation while contributing to India's growth story.

Shares of RMC Switchgears Ltd was last trading in BSE at Rs. 791.65 as compared to the previous close of Rs. 791.70. The total number of shares traded during the day was 17875 in over 89 trades.

The stock hit an intraday high of Rs. 808.00 and intraday low of 788.00. The net turnover during the day was Rs. 14177906.00.

Source : Equity Bulls

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RMCSwitchgears INE655V01019 ForbesAsia BestUnderaBillion2025