Rajesh Power Services Ltd
Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies, private utilities, and industries.[1]
- Market Cap ₹ 2,450 Cr.
- Current Price ₹ 1,360
- High / Low ₹ 1,448 / 636
- Stock P/E 28.1
- Book Value ₹ 142
- Dividend Yield 0.00 %
- ROCE 55.2 %
- ROE 51.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.4%
- Debtor days have improved from 86.3 to 61.9 days.
- Company's working capital requirements have reduced from 78.1 days to 41.1 days
Cons
- Stock is trading at 9.57 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 147 | 207 | 285 | 1,072 | |
| 136 | 193 | 251 | 947 | |
| Operating Profit | 11 | 14 | 34 | 125 |
| OPM % | 8% | 7% | 12% | 12% |
| 3 | 4 | 10 | 7 | |
| Interest | 8 | 8 | 9 | 16 |
| Depreciation | 2 | 1 | 1 | 1 |
| Profit before tax | 4 | 9 | 34 | 114 |
| Tax % | 22% | 22% | 24% | 24% |
| 3 | 7 | 26 | 87 | |
| EPS in Rs | 2.27 | 4.44 | 17.10 | 48.48 |
| Dividend Payout % | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 94% |
| TTM: | 276% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 194% |
| TTM: | 236% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| Last Year: | 51% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 18 |
| Reserves | 37 | 43 | 69 | 238 |
| 62 | 60 | 78 | 55 | |
| 61 | 80 | 78 | 215 | |
| Total Liabilities | 176 | 198 | 240 | 526 |
| 16 | 19 | 20 | 18 | |
| CWIP | -0 | -0 | -0 | -0 |
| Investments | 12 | 18 | 8 | 10 |
| 147 | 161 | 212 | 498 | |
| Total Assets | 176 | 198 | 240 | 526 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 7 | 15 | -15 | -21 | |
| -19 | -5 | 6 | -26 | |
| 6 | -12 | 8 | 47 | |
| Net Cash Flow | -6 | -2 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 141 | 103 | 94 | 62 |
| Inventory Days | 95 | 82 | 64 | 26 |
| Days Payable | 116 | 76 | 55 | 50 |
| Cash Conversion Cycle | 120 | 108 | 103 | 38 |
| Working Capital Days | 117 | 81 | 113 | 41 |
| ROCE % | 15% | 31% | 55% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
20 May - Investor Presentation for half year and financial year ended on March 31 , 2025.
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Regulation 32 - Statement Of Deviation Or Variation In Utilisation Of Funds Raised.
19 May - Rajesh Power reports no deviation in utilization of Rs.160.47 Cr IPO proceeds as of March 31, 2025.
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Compliances - Reg.24(A)-Annual Secretarial Compliance
17 May - Rajesh Power Services Ltd exempt from annual secretarial compliance report under SEBI Regulation 24A.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 May - Rajesh Power reports FY25 revenue up 289%, EBITDA up 294%, PAT up 259%, driven by strong order book.
- Financial Results - March 31 , 2025 15 May
Annual reports
No data available.
Concalls
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May 2025TranscriptNotesPPT
Business Profile[1] Rajesh Power Services Limited (RPSL) operates in the power infrastructure sector, specializing in renewable and non-renewable energy services.
Business Model[1]
- Provides EPC (Engineering, Procurement, and Construction) services for renewable and non-renewable power projects.
- Focus on government and private sector clients, especially in the transmission and distribution utilities domain.
Services[2]
1. Turnkey Projects:
- Installation of EHV (Extra High Voltage) cables and transmission lines.
- Construction of EHV and GIS substations.
- Design and implementation of underground power distribution systems.
- Solar plant setup and operations.
24/7 technical support to ensure uninterrupted power supply.
Utility Services:
Cable laying, switchyard installations, and transformer replacements.
Consultancy Services:
Liaison with external agencies for smooth project execution.
Renewable Energy Focus: