Rajesh Power Services Ltd

Rajesh Power Services Ltd

₹ 1,137 -0.24%
05 Dec - close price
About

Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies, private utilities, and industries.[1]

Key Points

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.

  1. Operations & Maintenance:
  2. Maintenance of solar plants, EHV substations, and power distribution systems.
  3. 24/7 technical support to ensure uninterrupted power supply.

  4. Utility Services:

  5. Fault detection and restoration for underground cables.
  6. Cable laying, switchyard installations, and transformer replacements.

  7. Consultancy Services:

  8. Designing EHV substations and cable systems.
  9. Preparing detailed project reports, tender documentation, and procurement assistance.
  10. Liaison with external agencies for smooth project execution.

  11. Renewable Energy Focus:

  12. Management of a 1 MW operational solar power plant.
  13. Building new solar power plants and exploring opportunities in green hydrogen technology.
  • Market Cap 2,048 Cr.
  • Current Price 1,137
  • High / Low 1,639 / 740
  • Stock P/E 16.5
  • Book Value 179
  • Dividend Yield 0.09 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 6.36 times its book value

* 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024 Mar 2025 Sep 2025
313 790 638
276 697 554
Operating Profit 37 94 84
OPM % 12% 12% 13%
6 2 3
Interest 5 9 5
Depreciation 1 1 1
Profit before tax 37 86 81
Tax % 20% 24% 28%
30 65 59
EPS in Rs 19.44 36.21 32.64
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025 TTM
1,107 1,428
974 1,251
Operating Profit 134 178
OPM % 12% 12%
7 5
Interest 17 14
Depreciation 1 1
Profit before tax 123 167
Tax % 24%
93 124
EPS in Rs 51.85 68.85
Dividend Payout % 2%
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Stock Price CAGR
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1 Year: 40%
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Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025 Sep 2025
Equity Capital 18 18
Reserves 245 304
56 82
219 261
Total Liabilities 539 666
21 18
CWIP 0 0
Investments 0 18
517 629
Total Assets 539 666

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025
-16
-30
47
Net Cash Flow 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025
Debtor Days 62
Inventory Days 27
Days Payable 49
Cash Conversion Cycle 39
Working Capital Days 41
ROCE %

Shareholding Pattern

Numbers in percentages

9 Recently
Nov 2024Mar 2025Sep 2025
73.40% 73.40% 73.40%
2.32% 0.84% 0.45%
7.43% 4.88% 3.39%
16.85% 20.88% 22.76%
No. of Shareholders 5,1913,0484,646

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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