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Rajesh Power Services share price & results

RAJESH POWER SERVICES LIMITED· Utilities

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Turnkey EPC contractor for power transmission & distribution: cables, substations, GIS, BESS.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue990 ₹ crore+30.4% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin11.0 %0.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit84.0 ₹ crore+25.4% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable+6.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-2.64 %−0.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable—Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

0 of 4 judged targets kept · 7 open · verdicts reflect calls analysed to Q4 FY26.

RAJESH POWER SERVICES LIMITED management guidance track record on Inve: 11 targets tracked across analysed earnings calls (0 achieved, 4 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
Order inflow for full year₹5,000 crores
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q4 FY26:Actual FY26 order inflow was ₹2,743 crores. Management attributed the shortfall to delayed tender results for ₹2,200 crores worth of submitted bids.
Call transcript, Q4 FY26 · 23 Apr 2026		Missed
CAGR across all key metricsCAGR of around 40% across all key metrics over the next few years
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q4 FY26:FY26 Revenue grew 52%, EBITDA grew 59%, and PAT grew 48%. Management reiterated 40% growth guidance for FY27.
Call transcript, Q4 FY26 · 23 Apr 2026		On Track

Source: Inve Guidance Tracker for RAJESH POWER SERVICES LIMITED · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of RAJESH POWER SERVICES LIMITED's 11 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 9 more targets are in the full ledger.

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Price

₹735.7 +0.60% · +₹4.4

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −51.7% 1Y

₹0.8k₹1.0k₹1.2k₹1.4kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q4 FY26 — 23 Apr 2026

1Y: ₹1,524.75 on 24 Oct 2025 → ₹735.7. High ₹1,524.75 (24 Oct 2025), low ₹727 (23 Oct 2026).

Previous close
₹731.3
Market cap
₹1.5k Cr
52-week range
₹727 – ₹1,500.8
One year
−50.96%
Price to earnings (FY ending Mar 2026)
10.69×
Return on equity (FY ending Mar 2026)
42.62%

Overview

Symbol
NSE:RAJESH
Sector
Utilities
Exchange
NSE
Currency
INR

What RAJESH POWER SERVICES LIMITED does

Based on the company's own presentations, annual report and earnings calls.

Rajesh Power Services (RPSL) is a turnkey EPC contractor in India's power transmission and distribution sector, handling end-to-end design, engineering, procurement, construction and commissioning of EHV/HV/MV/LV underground cable networks, overhead transmission lines and gas/air-insulated substations up to 400 kV. It also runs an operations & maintenance (OEM) business -- cable fault rectification, substation upkeep and solar-plant maintenance -- plus design/consultancy services such as detailed project reports for utilities. RPSL has recently entered utility-scale Battery Energy Storage Systems (BESS) EPC, and through its associate HKRP Innovations Ltd offers SCADA, IoT and smart-grid software to distribution utilities.

Segments

  • Power Distribution
  • Power Transmission
MVCC (Medium Voltage Covered Conductor) network executed
51,000+ km (cumulative, completed and under execution)
Ring Main Units installed
14,500+
Distribution transformers installed
6,200+
EHV cable network laid
2,550+ km
LT cables laid
10,500+ km
Air-insulated substations (AIS) built
100+
Founded 1971Headquarters Ahmedabad, Gujarat, India Company website

How the price took the results

close before → close after

Q4 FY26
−11.4%
23 Apr
Q2 FY26
−1.4%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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