Introduction:
RAJESH POWER SERVICES LTD informed the exchange about new orders worth ₹ 1,116 Crores secured from a combination of government and institutional customers. The orders include Turnkey Based Contract for Supply, Installation, Testing and Commissioning of 11/22KV HT Underground (Cable) / Overhead (MVCC) Network in Gujarat; Design, Engineering, Manufacturing, Supply Erection, Testing and Commissioning of 220/66kV GIS/AIS Substations in Gujarat; Supply, Erection, Testing and Commissioning of 132kV/66kV Underground Cable in Gujarat. Orders are expected to complete within 12 to 18 months.

Price Movement of Rajesh Power Services Ltd.:
Rajesh Power share opens at Rs. 1053 per share and making a low of Rs. 1010 per share and then moves up till Rs. 1247 per share.

Financial of the Company: 
With Market Capatilization of Rs. 2152 crore and Price to earning(P/E) ratio of 82.7, company's ROE is 36.4 percent and ROCE of 30.9 percent.
Revenue of company increases 44 percent on YoY basis from Rs. 207 crore in FY23 to Rs.285 crore in FY24 and net profit jumps 380 percent from Rs. 9 crore to Rs.34 crore for the same period.
Operating profit margin also sees a growth from 7 percent to 12 percent for the same period.
 

About The Company:
Rajesh Power Services Limited provides consultancy to state transmission and distribution companies, private utilities, and industries.
Services
1. Turnkey Projects:
- Installation of EHV (Extra High Voltage) cables and transmission lines.
- Construction of EHV and GIS substations.
- Design and implementation of underground power distribution systems.
- Solar plant setup and operations.

1. Operations & Maintenance:
2. Maintenance of solar plants, EHV substations, and power distribution systems.

3. 24/7 technical support to ensure uninterrupted power supply.

4. Utility Services:

5. Fault detection and restoration for underground cables.

6. Cable laying, switchyard installations, and transformer replacements.

7. Consultancy Services:

8. Designing EHV substations and cable systems.
9. Preparing detailed project reports, tender documentation, and procurement assistance.

10. Liaison with external agencies for smooth project execution.

11. Renewable Energy Focus:

12. Management of a 1 MW operational solar power plant.
13. Building new solar power plants and exploring opportunities in green hydrogen technology.

Disclamier:
This article is only for knowlege purpose, before any buying or selling decision consult your financial advisor.