Financial Performance Snapshot (Consolidated H1 FY27)

  • Revenue: ₹929 crore, representing 46% year-over-year growth
  • EBITDA: ₹112 crore, representing 33% year-over-year growth
  • PAT: ₹79 crore, representing 35% year-over-year growth
  • Operating cash flow turned positive as financial discipline and execution strengthened

Operational Highlights

  • Strong, broad-based growth in both topline and bottomline
  • Disciplined, on-time execution across GIS and AIS substations, EHV cable, transmission line and distribution projects
  • Company executing projects in Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha
  • Backed by comprehensive ISO certifications: ISO 9001, 14001, 45001, 50001, and 55001

Order Book and Business Visibility

  • Healthy aggregate order book of approximately ₹4,000 crore
  • Strong relationships with state utilities across multiple states
  • Provides good revenue visibility for coming many quarters
  • Enables effective planning of operations and resource deployment

Management Commentary

Mr. Kurang Panchal, Chairman & Managing Director, cited:

  • H1 FY27 as a landmark half marked by strong growth
  • Power T&D sector in midst of once-in-a-generation investment cycle
  • Driving factors: rising peak power demand, India's renewable energy targets, National Electricity Plan, Green Energy Corridor Phase III
  • Distribution level demand driven by Revamped Distribution Sector Scheme (RDSS), grid modernization, underground cabling, data centers growth
  • Company plans to expand into new geographies, bid for larger value projects, and invest in people, technology and execution capability
  • Focus remains on timely and disciplined execution, operational efficiency, and maintaining quality and safety standards

Company Background

RPSL is a leading specialized EPC company in Power Transmission and Distribution Sector with over five decades of experience. Services include turnkey execution of GIS Substations, AIS Substations, Extra High Voltage Power Cables and Transmission Lines, construction of Distribution Systems, and operation and maintenance services.