Rajesh Power Services' share price continued its upward momentum, rising 2% intraday on Wednesday following a major order win. The stock reached ₹1,540 per share, marking gains for the third consecutive session.
Market Performance
- Rajesh Power Services has been on a strong upward trend.
- The share price touched ₹1,540, extending its rally.
- This marks a 360% rise from its IPO price of ₹335.
- It hit an all-time high of ₹1,572 in the previous session.
Main News: ₹60 Crore Order Boosts Momentum
The rally was fueled by a new ₹60 Crore order win from Gift Power Company Limited.
- The project involves distribution and backup power systems.
- It covers both SEZ and DTA areas in GIFT City.
- The project's execution period is 18 months.
As per the company's regulatory filing, the new order adds to its growing list of high-value contracts.
Company Overview
Rajesh Power Services (RPSL) is a specialized Engineering, Procurement & Construction (EPC) player in the Power Transmission and Distribution sector.
It operates across key verticals:
- GIS Substations
- AIS Substations
- Extra-High-Voltage Power Cables
- Transmission Lines
- Distribution System Construction
RPSL has earned a reputation for executing complex and technically challenging projects across India.
Financial Performance for FY25
Rajesh Power Services posted impressive numbers for FY25:
Revenue
- Revenue from operations: ₹1,107.44 Crore
- YoY growth: +288.6% (vs. ₹284.97 Crore in FY24)
EBITDA
- EBITDA (excluding other income): ₹133.75 Crore
- YoY growth: +293.9%
EBITDA Margin
- FY25: 12.08%
- FY24: 11.92%
Net Profits
- Profit before tax: ₹123.12 Crore (+261.4%)
- Profit after tax: ₹93.37 Crore (+258.9%)
- PAT Margin: 8.43%
IPO to Present: A Wealth-Creating Journey
- IPO Issue Price: ₹335
- Listing Price (Dec): ₹668
- Current Price: ₹1,540
- Total Gain Since Listing: +360%
The stock has closed in green four out of six months since its listing, showcasing sustained investor interest.
Summary
Rajesh Power Services' share price is gaining strong momentum after securing a ₹60 Crore order from Gift Power Company. Backed by robust financial performance and a consistent order pipeline, the stock has delivered 360% returns since its initial public offering (IPO), establishing itself as a standout performer in the small-cap energy and power (EPC) space.
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