Author: Nishtha Mehrotra | EQMint
Synopsis:
- Rajesh Power Services reported a 46% year-on-year rise in H1 FY27 revenue to ₹929 crore and a 35% increase in net profit to ₹79 crore.
- EBITDA climbed 33% to ₹112 crore, while the company’s order book stood at approximately ₹4,000 crore.
- Expansion in India’s power transmission infrastructure, renewable energy networks and grid modernisation is supporting its growth outlook.
Rajesh Power Reports Strong H1 FY27 Results
Rajesh Power Services Limited reported strong financial growth for the first half of FY27, supported by project execution and a substantial order book.
The Ahmedabad-based power transmission and distribution EPC company reported consolidated revenue of ₹929 crore, up 46% year-on-year. EBITDA increased 33% to ₹112 crore, while profit after tax (PAT) rose 35% to ₹79 crore.
The company also reported a positive operating cash flow during the period, attributing the improvement to stronger financial discipline and execution.
Its aggregate order book stands at approximately ₹4,000 crore, providing revenue visibility across projects in Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha.
Growth Outlook
Chairman and Managing Director Kurang Panchal attributed the performance to disciplined project execution and growing demand for power infrastructure. He highlighted opportunities arising from renewable energy expansion, grid modernisation, rising electricity demand and investments in transmission networks.
Rajesh Power plans to expand into new geographies, pursue larger projects and strengthen its execution capabilities.
Going forward, timely order execution, operating margins and sustainable cash flow generation will remain key factors in determining whether the company can maintain its growth momentum.
Disclaimer: This article is for information purposes only and is not investment advice.
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