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 ₹ 1,554 Cr.
- Current Price ₹ 863
- High / Low ₹ 1,639 / 750
- Stock P/E 11.3
- Book Value ₹ 217
- Dividend Yield 0.12 %
- ROCE 48.6 %
- ROE 42.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.3%
Cons
- Promoter holding has decreased over last quarter: -0.70%
* 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
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 | Mar 2026 | |
|---|---|---|---|---|---|
| 147 | 207 | 285 | 1,072 | 1,628 | |
| 136 | 193 | 250 | 947 | 1,431 | |
| Operating Profit | 11 | 14 | 35 | 125 | 197 |
| OPM % | 8% | 7% | 12% | 12% | 12% |
| 3 | 4 | 10 | 7 | 5 | |
| Interest | 8 | 8 | 10 | 16 | 11 |
| Depreciation | 2 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 9 | 34 | 114 | 190 |
| Tax % | 22% | 22% | 24% | 24% | 28% |
| 3 | 7 | 26 | 87 | 138 | |
| EPS in Rs | 2.27 | 4.44 | 17.10 | 48.48 | 76.38 |
| Dividend Payout % | 0% | 0% | 0% | 2% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 99% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 173% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 44% |
| Last Year: | 43% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 18 | 18 |
| Reserves | 37 | 43 | 69 | 238 | 373 |
| 62 | 60 | 78 | 56 | 127 | |
| 61 | 80 | 78 | 214 | 409 | |
| Total Liabilities | 176 | 198 | 240 | 526 | 927 |
| 16 | 19 | 20 | 18 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 1 |
| Investments | 12 | 18 | 8 | 10 | 8 |
| 147 | 161 | 212 | 498 | 900 | |
| Total Assets | 176 | 198 | 240 | 526 | 927 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 7 | 15 | -22 | -21 | -41 | |
| -19 | -5 | 16 | -26 | -16 | |
| 6 | -12 | 6 | 47 | 37 | |
| Net Cash Flow | -6 | -2 | -0 | -0 | -21 |
| Free Cash Flow | 5 | 12 | -24 | -19 | -43 |
| CFO/OP | 68% | 122% | -49% | 6% | 4% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 141 | 103 | 94 | 62 | 78 |
| Inventory Days | 95 | 82 | 64 | 26 | 34 |
| Days Payable | 116 | 76 | 55 | 50 | 90 |
| Cash Conversion Cycle | 120 | 108 | 103 | 38 | 22 |
| Working Capital Days | 75 | 53 | 66 | 39 | 7 |
| ROCE % | 15% | 32% | 55% | 49% |
Insights
In beta| Jan 2017 | Apr 2018 | May 2019 | Aug 2020 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Unexecuted Order Book (incl. L1) INR Crore |
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| Order Inflow (New Orders Won) INR Crore |
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| Battery Energy Storage System (BESS) Capacity MW |
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| Distribution Transformers Installed (Cumulative) count |
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| EHV Underground Cable Cumulative Execution km |
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| Gas Insulated Substations (Cumulative) count |
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| MVCC (Medium Voltage Covered Conductor) Cumulative Execution km |
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| Ring Main Units Installed (Cumulative) count |
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Extracted by Screener AI
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Jun
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
17 Jun - Rajesh Power won ₹211.68 crore OPTCL orders, entering Odisha transmission market.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
17 Jun - Rajesh Power Services won ₹211.68 crore OPTCL EPC transmission order in Odisha, executable over 24 months.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 7 May
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Apr - FY26 earnings call transcript: revenue ₹1,628 crore, EBITDA ₹197 crore, PAT ₹143 crore; BESS project signed.
Annual reports
Concalls
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Apr 2026Transcript PPT REC
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Jan 2026TranscriptPPT
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Nov 2025Transcript PPT REC
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Nov 2025TranscriptPPTREC
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May 2025TranscriptAI SummaryPPT
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.