Business Update Positive

2026-11-08 19:01

Current scenario - Strong H1FY27 performance with revenue growing 46% YoY to INR 929 crore and EBITDA at INR 112 crore (margin at 12%). - Secured fresh order inflows of INR 1,250 crore in H1FY27, with an unexecuted order book of INR 3,647 crore as of September 30, 2026. - Additional order inflows of INR 450 crore received in October 2026. Management Guidance & Outlook - Positive long-term outlook driven by India's power sector investment cycle across transmission expansion, distribution modernization, and energy storage. - BESS (Battery Energy Storage Systems) projects are expected to be return- and IRR-driven with marginal revenue/margin contribution impact at the current scale. - HKRP Innovations business expected to be H2-heavy with targeted profit margins achieved by year-end. Capex & Growth Drivers - Growth driven by underground cabling, transmission expansion (GEC-III scheme), and entry into utility-scale BESS and smart energy management. - Bid pipeline stands at INR 3,500 to 4,000 crore, with L1 status around INR 100 crore.

Business Update Positive

2026-11-05 09:29

Order Win: Rajesh Power Services Ltd won order from Dakshin Gujarat Vij Company Limited (DGVCL) Order Value: ₹1,628.74 Cr. Completion Timeline: 24 months

Business Update Positive

2026-11-04 09:52

Order Win: Rajesh Power Services Ltd won order from Dakshin Gujarat Vij Company Limited (DGVCL) Order Value: ₹1,628.74 Crores (Incl. Taxes). Completion Timeline: 24 Months

Business Update Neutral

2026-11-03 13:31

- Audio recording link released for the Earnings Conference Call held on November 2, 2026. - Pertains to Unaudited Standalone and Consolidated Financial Results for the half year ended September 30, 2026. - Audio recording is accessible on the company's website.

Business Update Positive

2026-11-03 09:37

- H1 FY27 Consolidated Revenue stood at ₹929 Cr, up 46% YoY. - EBITDA rose 33% YoY to ₹112 Cr; PAT increased 35% YoY to ₹79 Cr. - Aggregate order book stands at ~₹4,000 Cr, providing strong revenue visibility. - Operating cash flow turned positive driven by robust execution.

Business Update Neutral

2026-11-02 14:47

- Submitted Investor Presentation for H1 FY27 highlighting power T&D capabilities. - FY26 Revenue stood at ₹1,628 Cr with EBITDA of ₹197 Cr (12.1% margin) and PAT of ₹143 Cr. - Completed over 34,000 km of MVCC projects with ~17,000 km under execution. - Developed 65 MW / 130 MWh standalone BESS project in Gujarat.

Financials Neutral

2026-11-02 11:59

H1 FY27 Consolidated Revenue ₹929.26Cr vs ₹637.82Cr (▲45.7% YoY) EBITDA ₹112.63Cr vs ₹84.66Cr (▲33.0% YoY) PAT ₹79.22Cr vs ₹58.78Cr (▲34.8% YoY) EBITDA Margin 12.12% vs 13.27% (▼115bps)

Business Update Neutral

2026-10-30 14:55

Concall Schedule Concall Date: Monday, November 2, 2026 Concall Time: 04:00 P.M. IST

Business Update Neutral

2026-10-29 23:04

Concall Schedule Concall Date: November 2, 2026 Concall Time: 04:00 P.M. IST

Governance Neutral

2026-10-28 15:27

- Board Meeting scheduled on Monday, November 2, 2026. - Agenda: Consider and approve Unaudited Financial Results (Standalone and Consolidated) for the half-year ended September 30, 2026. - Trading window remains closed until 48 hours post result announcement.

Business Update Positive

2026-10-14 13:17

Order Win: Rajesh Power Services Ltd won order from Uttar Gujarat Vij Company Limited (UGVCL) Order Value: ₹69.004 Cr. Completion Timeline: 12 months

Business Update Positive

2026-10-14 13:12

Order Win: Rajesh Power Services Limited won order from Uttar Gujarat Vij Company Limited (UGVCL) Order Value: ₹69 Cr. (Incl. Taxes) Completion Timeline: 12 Months

Business Update Positive

2026-10-12 09:57

Order Win: Rajesh Power Services Ltd won order from Madhya Gujarat Vij Company Limited (MGVCL) Order Value: ₹471.92 Cr. Completion Timeline: 18 months

Business Update Positive

2026-10-12 09:46

Order Win: Rajesh Power Services Ltd won order from Madhya Gujarat Vij Company Limited (MGVCL) Order Value: Rs. 471.92 Crores (Incl. Taxes) Completion Timeline: 18 Months

Routine Neutral

2026-09-26 11:49

- Trading window closed for Designated Persons from October 1, 2026. - Closure remains effective until 48 hours after declaration of financial results for the half year ending September 30, 2026. - Date of the Board Meeting will be informed in due course.

Governance Neutral

2026-09-25 16:55

- The 17th Annual General Meeting (AGM) of Rajesh Power Services Limited was held on September 24, 2026. - All 7 resolutions, including the adoption of standalone and consolidated financial statements, final dividend declaration, re-appointment of Executive Director Mr. Utsav Nehal Panchal, and ratification of cost auditor remuneration, were passed with the requisite majority. - Special resolutions regarding borrowing powers in excess of limits under Section 180(1)(c) and approval for loans, investments, guarantees, or securities under Section 185 of the Companies Act, 2013, were also approved.

Financials Positive

2026-09-15 15:37

- Rajesh Power Services Limited has fixed Friday, September 18, 2026, as the Record Date for the distribution of a Final Dividend of ₹1 per Equity Share for the Financial Year ended March 31, 2026.

Governance Neutral

2026-09-03 19:38

- Board of Directors approved key changes at its meeting on September 3, 2026. - Mr. Chetash Mehta was appointed as an Additional Non-Executive Independent Director for five years. - The Board committees were reconstituted. - Mr. Kurang Ramchandra Panchal's designation changed from Managing Director to Chairman and Managing Director for five years.

Governance Positive

2026-09-03 19:16

- The Board approved the appointment of Mr. Chetash Mehta as an Additional Non-Executive Independent Director for 5 years, effective September 3, 2026. - Mr. Kurang Ramchandra Panchal's designation was changed from Managing Director to Chairman and Managing Director for 5 years, effective September 3, 2026. - The reconstitution of Board Committees was approved. - The 17th Annual General Meeting (AGM) for FY 2025-26 will be held on Thursday, September 24, 2026, at 11:00 a.m. (IST) via Video Conferencing.

Business Update Positive

2026-08-15 13:14

- Rajesh Power Services Limited incorporated a 100% Wholly Owned Foreign Subsidiary, RAJESH POWER SERVICES NZ LIMITED, in New Zealand. - The subsidiary will focus on Electrical and Solar EPC for Power Transmission and Distribution. - Confirmation received on August 14, 2026.

Governance Negative

2026-08-12 15:00

CRITICAL RED FLAG DETECTED

- Mr. Viral Deepakbhai Ranpura resigned as an Independent Director of Rajesh Power Services Limited, effective August 11, 2026. He also ceased to be Chairman/Member of the Audit, Nomination and Remuneration, Stakeholders Relationship, and Corporate Social Responsibility Committees. The reason cited is personal and medical occupancy, with no other material reasons confirmed.

Business Update Positive

2026-08-04 18:42

- Order Win: Rajesh Power Services Limited won order from Paschim Gujarat Vij Company Limited (PGVCL). - Order Value: ₹362.83 crores (incl. taxes). - Completition Timeline: Not specified, projects involve converting existing 11kV HT and LT line networks into underground cable networks in Jamnagar, Gujarat.

Business Update Positive

2026-08-04 09:40

- Order Win: Rajesh Power Services Limited won order from Paschim Gujarat Vij Company Limited (PGVCL) - Order Value: ₹362.82 Crores (Incl. Taxes) - Completion Timeline: 24 Months

Business Update Positive

2026-07-27 11:32

- Order Win: Rajesh Power Services Limited won order from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) for a 132/33 kV, 2X50 MVA GIS Substation and transmission line project. - Order Value: ₹75.05 Crores (Incl. Taxes) - Completion Timeline: 18 Months

Business Update Positive

2026-07-22 10:16

- Order Win: Rajesh Power Services Limited won order from Paschim Gujarat Vij Company Limited (PGVCL) - Order Value: ₹40.58 Crores (Incl. Taxes) - Completition Timeline: 12 Months

Business Update Positive

2026-07-17 10:21

- Order Win: Rajesh Power Services Limited received orders totaling ₹34.37 Crores (including taxes). - Client 1: Paschim Gujarat Vij Company Limited (PGVCL) for SCADA Readiness and RMU Maintenance Contracts. - Order Value 1: ₹21.57 Crores. - Completion Timeline 1: 12 Months. - Client 2: Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) for modification of an existing 220kV D/C line into an underground cable system. - Order Value 2: ₹12.80 Crores. - Completion Timeline 2: 9 Months.

Business Update Positive

2026-07-16 10:20

- Q1 FY26-27 Revenue from Operations: ₹436.62 Cr. - Unexecuted order book (June 30, 2026): ₹3,741.79 Cr. - Secured new orders totaling ₹864.80 Cr (₹211.68 Cr from OPTCL, ₹653.12 Cr from PGVCL). - Long Term Credit Rating outlook upgraded to 'Positive' (CRISL A-/ Positive).

Business Update Neutral

2026-07-15 18:01

- Concall Schedule: SME Investor Conference 2026 - Concall Date: Saturday, July 18, 2026 - Interaction Mode: In Person with various investors

Business Update Positive

2026-07-15 15:44

- CRISIL Ratings reaffirmed the Long Term Rating at 'Crisil A-/Positive', revising the outlook from 'Stable' to 'Positive'. - The Short Term Rating was reaffirmed at 'Crisil A2+'. - Total Bank Loan Facilities rated were enhanced to Rs. 363 Crore from Rs. 263 Crore.

Business Update Positive

2026-07-09 10:36

- Order Win: Rajesh Power Services Limited won order from Paschim Gujarat Vij Company Limited (PGVCL) - Order Value: ₹653.12 Cr. - Project Details: Conversion of existing 11kV High Tension and Low Tension line network into Underground Cable Network with Ring Main System and GIS mapping across various circles of Gujarat.

Business Update Positive

2026-07-09 10:28

- Order Win: Rajesh Power Services Limited won order from Paschim Gujarat Vij Company Limited (PGVCL) - Order Value: ₹653.12 Crores (Incl. Taxes) - Completition Timeline: 18 Months - Project Scope: Conversion of Existing 11kV HT Line & LT Line Network into Under Ground Cable Network with Ring Main System with GIS Mapping and Asset Tagging at Bhavnagar, Anjar, Junagadh and Porbandar Circles of Gujarat.

Ownership Neutral

2026-06-25 15:49

- Krunal Daxesh Panchal, a Promoter Group Member of Rajesh Power Services Limited, disposed of 16,666 equity shares (0.09% of total voting capital). - The disposal was off-market via a Gift Deed on June 23, 2026, resulting in a NIL holding post-transaction.

Business Update Positive

2026-06-17 12:42

- Order Win: Rajesh Power Services Limited won order from Odisha Power Transmission Corporation Limited (OPTCL) - Order Value: ₹211.68 Cr. - Other Details: Project involves construction of a 220 kV underground transmission cable and extension of AIS/GIS bays, marking the company's entry into Odisha and one of its largest project wins in the transmission segment.

Business Update Positive

2026-06-17 11:09

- Order Win: Rajesh Power Services Limited received an order from Odisha Power Transmission Corporation Limited (OPTCL). - Order Value: ₹211.68 Crores (Incl. Taxes). - Completion Timeline: 24 Months. - Details: The order is for Design, Engineering, Supply, Installation, Testing & Commissioning works for a 220kV SC line through underground cable and bay extensions on an EPC contract basis. This marks the company's entry into Odisha and is a significant milestone in its growth journey.

RAJESH

Rajesh Power Services Ltd

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