The shares of this company recovered by 2 percent from the day’s low on Wednesday after the company announced that it had secured an order worth Rs 60 crore from a Gujarat-based company.
With a market capitalization of Rs 2,723 crores, the shares of Rajesh Power Services Ltd are currently trading at Rs 1,512 per share, down by 4 percent from its 52-week high of Rs 1,572.95 per share. Over the last six months, the stock has delivered a return of 45 percent.
About the contract
On Wednesday, the company, through a stock exchange filing, announced that it has received a Rs. 59.79 crore order from Gift Power Company Ltd. to set up distribution and backup power systems in the SEZ and DTA areas of GIFT City, Gandhinagar. This domestic order has an execution period of 18 months and does not involve any related party transactions.
As of March 2025, the company had an order book of Rs 3,628 crores, which are under execution. Out of this, 72 percent of the orders belong to the Power Distribution segment and 28 percent belong to the Power Transmission segment. The value of the Power Transmission segment and the Power Distribution segment is worth Rs 1,029 crores and Rs 2,599 crores, respectively.
Financial Highlights
Coming to its standalone performance, it reported a revenue growth of 276 percent to Rs 1,072 crores in FY25 from Rs 285 crores in FY24. Coming to its profitability, it reported a net profit growth of 235 percent to Rs 87 crores in FY25 from Rs 26 crores in FY24.
Rajesh Power Services Limited provides turnkey project services in India – operations and maintenance of EHV substations and solar plants. The company offers utility services including underground cable fault detection, transformer replacement and switchgear replacement, cable laying, substation maintenance, and testing of equipment. It is also involved in electrical projects, including: cable system and substation design; site surveys; project reports; and consultancy and inspection services.
Written by Satyajeet Mukherjee
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