Rajesh Power Services Ltd — Updates, 26-04-2025: Company Update

CRISIL Ratings has reaffirmed Rajesh Power Services Limited's long-term rating at BBB+ with a revised positive outlook, alongside reaffirming its short-term rating at A2. The ratings reflect an improvement in the company’s business risk profile, supported by revenue growth of Rs 313.06 crore in H1FY2025 due to a strong order book. Key financial metrics indicate a healthy risk profile, with low gearing and strong cash flow. Investor sentiment may be positively influenced by this outlook, although risks remain due to the tender-based nature of operations and significant working capital requirements.