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RBM Infracon Ltd

RBMINFRA
NSE
400.05
2.71%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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RBM Infracon Ltd

RBMINFRA
NSE
400.05
2.71%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
425Cr
Close
Close Price
400.05
Industry
Industry
Infra - General
PE
Price To Earnings
8.95
PS
Price To Sales
0.85
Revenue
Revenue
502Cr
Rev Gr TTM
Revenue Growth TTM
PAT Gr TTM
PAT Growth TTM
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RBMINFRA
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2024Mar 2025Sep 2025
Revenue
RevenueCr
103218284
Growth YoY
Revenue Growth YoY%
174.7
Expenses
ExpensesCr
89190246
Operating Profit
Operating ProfitCr
142938
OPM
OPM%
13.913.113.4
Other Income
Other IncomeCr
000
Interest Expense
Interest ExpenseCr
111
Depreciation
DepreciationCr
111
PBT
PBTCr
142838
Tax
TaxCr
379
PAT
PATCr
102027
Growth YoY
PAT Growth YoY%
171.8
NPM
NPM%
9.69.09.5
EPS
EPS
10.319.425.3

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2025TTM
Revenue
RevenueCr
322502
Growth
Revenue Growth%
56.1
Expenses
ExpensesCr
279436
Operating Profit
Operating ProfitCr
4367
OPM
OPM%
13.313.3
Other Income
Other IncomeCr
11
Interest Expense
Interest ExpenseCr
12
Depreciation
DepreciationCr
23
PBT
PBTCr
4066
Tax
TaxCr
1117
PAT
PATCr
2946
Growth
PAT Growth%
57.7
NPM
NPM%
9.29.3
EPS
EPS
29.244.7

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2025
Equity Capital
Equity CapitalCr
10
Reserves
ReservesCr
131
Current Liabilities
Current LiabilitiesCr
156
Non Current Liabilities
Non Current LiabilitiesCr
2
Total Liabilities
Total LiabilitiesCr
299
Current Assets
Current AssetsCr
274
Non Current Assets
Non Current AssetsCr
25
Total Assets
Total AssetsCr
299

Cash Flow

Consolidated
Standalone
Financial YearMar 2025
Operating Cash Flow
Operating Cash FlowCr
-3
Investing Cash Flow
Investing Cash FlowCr
-21
Financing Cash Flow
Financing Cash FlowCr
22
Net Cash Flow
Net Cash FlowCr
-2
Free Cash Flow
Free Cash FlowCr
CFO To PAT
CFO To PAT%
-11.7
CFO To EBITDA
CFO To EBITDA%
-8.0

Ratios

Consolidated
Standalone
Financial YearMar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
332
Price To Earnings
Price To Earnings
11.3
Price To Sales
Price To Sales
1.0
Price To Book
Price To Book
2.4
EV To EBITDA
EV To EBITDA
7.9
Profitability Ratios
Profitability Ratios
GPM
GPM%
83.3
OPM
OPM%
13.3
NPM
NPM%
9.2
ROCE
ROCE%
27.3
ROE
ROE%
20.9
ROA
ROA%
9.9
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** RBM Infracon Limited, established in 1993 and headquartered in Jamnagar, Gujarat, is a debt-free engineering and infrastructure company with over three decades of experience. The company has evolved from a specialized EPC (Engineering, Procurement, and Construction) contractor into a diversified energy solutions provider, operating across **three strategic business verticals**: 1. **EPC Services** 2. **Oil & Gas Exploration & Production (E&P)** 3. **Green Energy (Green Hydrogen and Solar Power)** RBM Infracon is strategically positioned to leverage India’s growing energy demands, both in conventional hydrocarbons and emerging clean energy sectors. --- ### **Core Business Segments** #### **1. EPC Services** - **Core Expertise**: Mechanical and civil engineering services including structural and tankage fabrication, piping erection, ARC maintenance, turnaround (shutdown) services, insulation, electrical & instrumentation, and material handling systems. - **Sectors Served**: Refineries, petrochemicals, fertilizers, cement, power plants, sugar, paper, irrigation, coal, RMC, and agri-processing. - **Key Clients**: Reliance Industries, L&T, Afcons Infrastructure, Tata Projects, Nayara Energy, YARA Fertilizers, Chemie-Tech, Essar Group, Dodsal. - **Track Record**: Over **87+ projects executed** in 31+ years. Known for timely delivery, quality execution, and strong client relationships. - **Operational Strength**: In-house skilled workforce, modern equipment, and minimal reliance on subcontractors ensure project control and safety compliance. #### **2. Oil & Gas Exploration & Production** - **Key Milestone**: Secured a **15-year Production Enhancement Contract (PEC-III)** from **ONGC** for the **Nandej Oil & Gas Field** in the Cambay Basin. - **Contract Value**: ₹3,498 crore (₹3,371 crore for crude oil; ₹127 crore for gas). - **Project Start**: Official operations began in **January 2025**, ahead of schedule. - **Project Scope**: - Development drilling - **Hydro-fracturing** (only the third such operation in India) in tight K-IX/K-X reservoirs - Water shut-off operations - Reservoir management and production optimization - **Revenue Model**: Service charges + **66% share of incremental production** (RBM retains), 34% to ONGC. - **Technological Edge**: Deployment of advanced techniques like **hydraulic SRP (Sucker Rod Pump)** and **downhole electric centrifugal pumps (EC)**. - **Infrastructure**: Installed 42,000-liter storage tank; mobilizing specialized equipment for large-scale fracturing. #### **3. Green Energy (Strategic Expansion)** - **Subsidiary**: **RBM Green Energy Private Limited** (fully owned), established in **May 2025**. - **Focus Areas**: - **Green Hydrogen** (target: **15 MW production capacity** in Jamnagar & Kutch) - **Solar Power** - **Strategic Partnerships**: - **MOU with Greenzo Energy India Ltd (Nov 2024)** to develop a green hydrogen manufacturing facility using indigenous modular alkaline electrolyzers. - Greenzo brings EPC expertise in 2,000+ MW of solar and green hydrogen projects. - **Investment**: ₹200 crore planned for green hydrogen infrastructure. - **Future Vision**: Expansion into **blue/green ammonia**, aligning with India’s 2030 target of **5 MMTPA green hydrogen production**. --- ### **Operational & Geographic Advantage** - **HQ**: Jamnagar, Gujarat – proximity to major industrial clusters (Reliance, Nayara, GAIL). - **Network**: Corporate office (Jamnagar), satellite office (Ahmedabad), and project offices across multiple Indian states. - **Logistics**: Strategic location enables fast mobilization and cost-effective project execution. --- ### **Leadership & Governance** - **Mr. Ravi Pratap Singh**: Appointed **Non-Executive Director, Oil & Gas Division (Oct 2024)** with extensive experience in managing $1.2B annual capex and 80–100 EPC projects. - **Mr. Sunil Kumar Singh**: ONGC Project Head with 24+ years in O&G pipelines and plant operations. - **Mr. Ranjan Kumar**: Projects Head with 15+ years in mechanical and O&G project execution. - **New Appointment (Oct 2024)**: Mr. Ravi Pratap Singh strengthens leadership in E&P strategy. --- ### **Vision & Market Position** RBM Infracon is transitioning from a traditional EPC contractor to an **integrated energy solutions provider**, uniquely combining: - Proven **EPC excellence** in heavy industries - **Innovation in domestic hydrocarbon recovery** (hydro-fracturing, production enhancement) - **Forward-looking green energy ambitions** (green hydrogen, solar) This positions the company at the forefront of India’s dual energy transformation—**enhancing domestic oil & gas output** while **pioneering renewable energy infrastructure**.