Rajesh Power Services
868.30
+9.40(+1.09%)
Market Cap₹1,563.63 Cr
PE Ratio16.57
IndustryPower
Company Performance:
1D+1.09%
1M-8.22%
6M-37.91%
1Y+7.13%
5Y+29.93%
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More news about Rajesh Power Services
12Feb 26
Rajesh Power Services Forms Joint Venture for Railway Transmission Line Project
Rajesh Power Services Limited has formed a joint venture with VITS Total Power Solutions Private Limited for executing a 132kV railway transmission line project under East Central Railway's Danapur division. The company will hold a controlling 51% stake in the RPSL-VITS JV entity, which will handle design, supply, erection, testing, and commissioning of transmission infrastructure connecting GSS Nabinagar to Railway TSS Nabinagar. The partnership represents a strategic collaboration in railway infrastructure development with no related party implications.
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06Feb 26
Rajesh Power Services Limited Reports Inter-se Transfer of Equity Shares Between Promoter Group Members
Rajesh Power Services Limited disclosed inter-se transfers of equity shares between promoter group members executed on February 3, 2026, through gift deeds. The transactions involved redistribution of 6,50,000 shares among family members, with Daxesh Ramchandra Panchal initially acquiring shares from Krunal Daxesh Panchal, then disposing portions to Kurang Ramchandra Panchal and Nehal Ramchandra Panchal. The company's total equity capital remains unchanged at 1,80,07,392 shares valued at Rs. 18,00,73,920/-.
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05Jan 26
Rajesh Power Services Receives Intent Letter From GUVNL For 65 MW Battery Energy Storage Project
Rajesh Power Services has received an intent letter from Gujarat Urja Vikas Nigam Limited for a 65 MW / 130 MWh standalone battery energy storage project. This development marks a significant expansion for the infrastructure company into the renewable energy storage sector, positioning it to contribute to Gujarat's grid stability and energy storage infrastructure.
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20Nov 25
Rajesh Power Services Reports Strong H1FY26 Performance: Revenue Soars 104%, Order Book Exceeds ₹3,500 Crore
Rajesh Power Services Limited (RPSL) reported impressive H1FY26 results with revenue up 104% to ₹638.00 crore, EBITDA up 126% to ₹84.00 crore, and PAT up 99% to ₹59.00 crore. The company's unexecuted order book exceeded ₹3,500 crore, with order inflows of over ₹2,200 crore in H1FY26. RPSL expanded operations to five states, entered the 400 kV GIS segment, and strengthened private sector partnerships. Management guidance suggests a 40% CAGR in revenue over the next few years, with expectations to close FY26 with an unexecuted order book of about ₹4,500 crore.
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17Nov 25
Rajesh Power Services Secures Two Infrastructure Orders Worth Rs. 85.24 Crores
Rajesh Power Services Limited (RPSL) has acquired two significant infrastructure orders totaling Rs. 85.24 crores in the power transmission sector. The first order, valued at Rs. 40.08 crores, is from Gujarat Energy Transmission Corporation Limited for a 220kV underground cable project. The second order, worth Rs. 45.16 crores, is from East Central Railway for a 132kV transmission line project. These turnkey contracts have execution timelines of 6 and 18 months respectively. The company has disclosed this information to BSE Limited in compliance with SEBI regulations.
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13Nov 25
Rajesh Power Services Reports Robust H1 FY2025-26 Performance with 125% EBITDA Growth
Rajesh Power Services Limited (RPSL) has reported strong financial results for H1 FY2025-26. Revenue from operations doubled to ₹63,781.80 million, a 103.74% YoY increase. EBITDA grew by 125.54% to ₹839 million, with EBITDA margin expanding by 130 bps to 13.20%. Net profit surged 119.70% to ₹580 million. The company's performance reflects robust growth in its EPC business and improved operational efficiency.
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28Oct 25
Rajesh Power Services Secures ₹24.57 Crore Contract from GETCO for 220kV DC Line Project
Rajesh Power Services Limited (RPSL) has won a ₹24.57 crore contract from Gujarat Energy Transmission Corporation Limited (GETCO) for a turnkey project involving a 220kV DC line at Radhanesda, Gujarat. The project scope includes supply, erection, testing, and commissioning, with a 24-month completion timeline. This contract demonstrates RPSL's capabilities in large-scale power transmission projects and may impact its future revenue streams.
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16Oct 25
Rajesh Power Services Secures Rs 921.89 Crore Orders from Uttar Gujarat Vij Company
Rajesh Power Services Limited has won turnkey project orders worth Rs 921.89 crores from Uttar Gujarat Vij Company Limited (UGVCL). The projects involve converting 11kV HT overhead networks to underground cable systems and installing 11kV Medium Voltage Covered Conductors across Gujarat. The contracts are to be executed within 18 months and were received in the normal course of business, with no related party transactions involved.
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09Oct 25
Rajesh Power Services Inks ₹4,754 Crore Project Agreements with Gujarat Government
Rajesh Power Services Limited (RSPL) has signed multiple MoUs worth ₹4,754 crore with the Government of Gujarat during the Vibrant Gujarat Regional Conference 2025. The agreements focus on converting overhead High Tension lines to underground cable networks across various regions in Gujarat. This project is expected to generate over 33,000 jobs and significantly improve the state's power distribution infrastructure. The MoUs were signed at an event inaugurated by Gujarat Chief Minister Shri Bhupendra Patel and Union Minister Shri Ashwini Vaishnaw.
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19Sept 25
Rajesh Power Services Secures Multiple Contracts Worth ₹277.62 Crore in Gujarat
Rajesh Power Services Limited (RPSL) has won two significant contracts in Gujarat totaling ₹277.62 crore. The first order, valued at ₹182.62 crore, is from Madhya Gujarat Vij Company Limited (MGVCL) for converting existing 11kV HT networks to underground cable/MVCC. The second order, worth ₹95.00 crore, is for supplying and commissioning Gas Insulated Switchgear (GIS) substations. Both projects have a 12-month execution timeline. These contracts enhance RPSL's order book, showcase its technical expertise, and strengthen its market presence in Gujarat's power infrastructure sector.
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10Sept 25
Rajesh Power Services Secures Rs 143.11 Crore Contract for Power Infrastructure Upgrade in Gujarat
Rajesh Power Services Limited (RPSL) has been awarded a Rs 143.11 crore contract by Dakshin Gujarat Vij Company Limited (DGVCL) for upgrading power infrastructure in Gujarat. The 18-month project involves converting existing 11/22kV HT networks to underground cable/MVCC in Valsad City, Valsad Rural, and Surat Rural areas. RPSL confirmed no promoter group interest in DGVCL and no related party transactions involved.
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05Sept 25
Rajesh Power Services Secures ₹61.53 Crore Contract from PGVCL
Rajesh Power Services Limited has won a ₹61.53 crore contract from Paschim Gujarat Vij Company Limited (PGVCL) for a turnkey project under the Kisan Suryodaya Yojana Scheme. The project involves supply, installation, testing, and commissioning of 11 KV Medium Voltage Covered Conductor in Porbandar Circle, to be completed within 9 months. This contract is expected to positively impact the company's financial performance and strengthen its position in the power services sector.
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18Jun 25
Rajesh Power Secures ₹60 Crore Order, Boosting Business Prospects
Rajesh Power Services, a power sector company, has won a significant order worth ₹60 crore. While specific details about the order remain undisclosed, it represents a substantial business opportunity that could potentially boost the company's revenue, strengthen its market position, and increase operational activity. The impact on the company's financial performance and stock value will depend on factors such as project timeline, profit margins, and successful execution.
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04Jun 25
Rajesh Power Secures L1 Bidder Status for MGVCL's 33KV Projects
Rajesh Power has been declared the L1 (lowest) bidder for multiple 33KV system projects by Gujarat State Electricity Corporation Limited (MGVCL). The projects fall under the KSY and VKY-2 schemes. This status positions Rajesh Power favorably for potential contract awards, which could lead to an increased order book value, enhanced presence in Gujarat's power sector, and potential long-term revenue growth.
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02Jun 25
Rajesh Power Services Secures L1 Bid for 11kV Covered Conductor Contract
Rajesh Power Services Ltd. has been declared the L1 bidder for a turnkey contract involving 11kV medium voltage covered conductors. The contract includes supply, installation, testing, and commissioning of the equipment. This project showcases the company's technical expertise and competitive edge in the power services market, potentially boosting its order book and future revenue.
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27May 25
Rajesh Power Clinches Lowest Bid for GIFT City Power System Project
Rajesh Power has been declared the successful L1 bidder for a distribution and backup power systems project in Gujarat International Finance Tec-City (GIFT City). The project, crucial for GIFT City's power infrastructure, is set to be completed within 18 months from the start date. This achievement demonstrates Rajesh Power's competitive edge and technical expertise in large-scale power system projects, potentially opening doors for future high-profile opportunities.
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23Apr 25
Rajesh Power Services Secures ₹1,116 Crore Order, Boosting Its Market Position
Rajesh Power Services Limited (RPSL), an SME-listed EPC contractor, has won new orders worth ₹1,116 crore. The contracts include turnkey projects for underground and overhead networks, GIS/AIS substations, and underground cable work in Gujarat. These projects are set to be completed within 12-18 months. RPSL, with a market cap of ₹1,900 crore, recently went public through an IPO raising ₹160.50 crore. This significant order win demonstrates RPSL's competitive strength in the power infrastructure sector.
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Rajesh Power Services
868.30
+9.40
(+1.09%)
1 Year Returns:+7.13%
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