Financial Performance

  • Revenue from Operations (unaudited) for Q1 FY26-27: Rs 436.62 crores

Order Book Position

  • Unexecuted order book as on June 30, 2026: Rs 3,741.79 Crores (including L1 status projects)

Business Highlights & Project Wins

Major Project 1: Odisha Transmission Project

  • Value: ₹211.68 Crore (including taxes)
  • Client: Odisha Power Transmission Corporation Limited (OPTCL)
  • Scope: Construction of a 220 kV underground transmission cable connecting the Grid Substation (GSS) at Mendhasal with the Gas Insulated Substation (GIS) at Chandaka B in Odisha. The scope also includes extension of the Air Insulated Substation (AIS) bay at Mendhasal and the Gas Insulated Substation (GIS) bay at Chandaka B.
  • Significance: Marks the company's entry into the Odisha market and represents one of its largest project wins in the transmission segment.

Major Project 2: Gujarat Distribution Project

  • Value: ₹653.12 Crores (including taxes)
  • Client: Paschim Gujarat Vij Company Limited (PGVCL)
  • Scope: Conversion of Existing 11kV High Tension (HT) Line and Low Tension (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.

Credit Rating Update

  • Agency: CRISIL
  • Rating: Long Term Rating CRISL A-
  • Outlook: Positive (revised from 'Stable')
  • Action: Rating reaffirmed, outlook revised

Company Background

Rajesh Power Services Limited is described as one of the leading specialized Engineering, Procurement & Construction (EPC) companies engaged in the Power Transmission and Distribution Sector. The company provides services across various verticals including Turnkey execution of GIS Substations, AIS Substations, Extra High Voltage Power Cables and Transmission Lines, and Construction of Distribution Systems. The company has been in operation for over five decades and caters to government and institutional customers across India.

Filing Details

  • Filed by: Jyoti Dakshesh Mochi, Company Secretary and Compliance Officer (Membership No. A39777)
  • Regulatory Reference: Regulation 30 of SEBI (LODR) Regulations, 2015
  • ISIN Code: INE0VN801010