Rajesh Power Services Ltd — Important, 20-11-2025: Company Update

Rajesh Power Services Limited delivered strong financial results for the half-year, with revenue up 104% to ₹638 Cr, EBITDA up 126% to Rs. 84 Cr, and PAT up 99% to Rs. 59 Cr. The company's net worth grew 189% YoY to INR 322 Cr. Order inflow surpassed INR 2,200 Cr, bringing the unexecuted order book to INR 3,500 Cr. Strategic highlights include entering the 400 kV gas-insulated substation segment and active expansion into new states. The company targets a 40% CAGR in key metrics over the next few years, supported by a significant bid pipeline. Cash flow from operations is impacted by retention money and security deposits inherent in the EPC business.