
About Rajesh Power
Rajesh Power is a publicly listed company based in Ahmedabad (India) founded in 1971. It operates as an underground power transmission and infrastructure EPC services are specialized in. The company has 1,320 employees. Its Indian entity Rajesh Power Services Limited reported revenue of ₹1,633 Cr. Rajesh Power offers products and services including TurnKey Projects and O&M Services. Its focus areas include Energy.
Company details
Rajesh Power Services Pvt. Ltd. was established in 1971 in Ahmedabad, India, within the power transmission sector. Underground power transmission and infrastructure EPC activities are conducted, encompassing operations and maintenance, utility services, cable testing, and fault detection. Expertise in HVEHV transmission and power utility services has been accumulated over four decades.
- Headquarters Ahmedabad, India
- Employees 1,320
- Stage Public
- SectorsEnergy & Utilities
- Website rajeshpower.com
- Social LinkedIn Facebook
- Legal Name Rajesh Power Services Limited
- Market Cap₹1,419 Cr
RAJESH · BSE
- Share Price₹761.80
-3.32% today
- Revenue₹1,628 Cr
FY 2025-26 · +47.0% YoY
- EBITDA₹197 Cr
Margin 12.1%
- Net Profit₹144 Cr
FY 2025-26 · +55.1% YoY
- P/E (TTM)10.3x
P/B 3.6x
- Employee Count1,320
Associated legal entities of Rajesh Power
Rajesh Power operates through Rajesh Power Services Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rajesh Power Services Limited Listed CIN L31300GJ2010PLC059536 | Active | 10 Feb 2010 | Ahmadabad City, Gujarat | ₹1,633 Cr | 1,137 | 10 | View details |
Products & Services of Rajesh Power
Rajesh Power offers a comprehensive portfolio of products and services, including TurnKey Projects and O&M Services.
TurnKey projects for EHV Cables and Transmission Lines are handled by the company to deliver comprehensive infrastructure solutions.
Operation and Maintenance services for EHV Substations and Solar Plants are provided by the company to ensure reliable performance.
Board of directors of Rajesh Power Services Limited (Rajesh Power)
Rajesh Power Services Limited is the primary company behind Rajesh Power. The board of Rajesh Power Services Limited currently have 7 directors; the longest-serving is Rajendra Baldevbhai Patel, appointed in 2010. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajendra Baldevbhai Patel DIN 00137280 | Whole-time director | 10 Feb 2010 | 16 yrs 8 mo | Rajesh Power Services Limited |
| Kurang Ramchandra Panchal DIN 00773528 | Managing Director | 10 Feb 2010 | 16 yrs 8 mo | Rajesh Power Services Limited |
| Kaxil Prafulbhai Patel DIN 07634816 | Director | 15 Feb 2019 | 7 yrs 8 mo | Rajesh Power Services Limited |
| Utsav Nehal Panchal DIN 08486317 | Director | 06 Apr 2021 | 5 yrs 6 mo | Rajesh Power Services Limited |
| Pankti Parth Shah DIN 10089087 | Director | 13 Jul 2024 | 2 yrs 3 mo | Rajesh Power Services Limited |
| Sujit Gulati DIN 00177274 | Director | 13 Jul 2024 | 2 yrs 3 mo | Rajesh Power Services Limited |
| Chetash Mehta DIN 11907238 | Director | 03 Sep 2026 | 1 mo | Rajesh Power Services Limited |
People of Rajesh Power
12 people are tracked at Rajesh Power (3 in leadership, 9 in team); the tracked headcount is 1,320.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
Rajiv Makwana | Vice President | Leadership |
Jay Chauhan | Assistant General Manager - Project & Marketing | Leadership |
Gunjan Kapadiya | Project Manager | Team |
Ameya Katdare | Operations Manager | Team |
Gaurav Parekh | Senior Project Manager | Team |
Piyush Adroja | Procurement Manager | Team |
Parmar Mayurkumar | Geographic Information Systems Technician | Team |
Mahesh Panchal | Electrical Engineer | Team |
Smit Mistry | Project Manager | Team |
Ujash Kandoi | Executive Procurement | Team |
Rajdip Dholariya | Project Engineer | Team |
Complete people profiles for Rajesh Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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IPO & Listings of Rajesh Power
Rajesh Power is a publicly listed company on the BSE with ticker symbol RAJESH in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Dec 2024
- Listed onBSE: 544291
- Listed entityRajesh Power Services Limited
- Exchange sectorIndustrial services
- ISININE0VN801010
- Share price₹775.00 (+0.64% on the day) · 2026-10-14
- Market capitalisation₹1,387 Cr
- Price to earnings9.7
- EPS (diluted, trailing year)₹79.52
- Dividend yield0.13%
- Volume (last session)13,400
Financials of Rajesh Power
Exchange-reported figures of Rajesh Power Services Limited, the listed company behind Rajesh Power (BSE: RAJESH).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 1,628 | 1,107 |
| Revenue growth | +47.0% | - |
| EBITDA | 197 | 134 |
| EBITDA margin | +12.1% | +12.1% |
| Profit before tax | 196 | 123 |
| Net profit | 144 | 92.62 |
| Net profit margin | +8.8% | +8.4% |
| EPS (₹) | 79.52 | 51.85 |
| Balance sheet | ||
| Total assets | 543 | 351 |
| Net worth | 406 | 265 |
| Total debt | 127 | 77.86 |
| Cash & bank | 65.45 | 49.04 |
| Net working capital | 180 | 144 |
| Cash flow | ||
| Cash from operations | (41.42) | (26.70) |
| Cash from investing | (16.09) | (21.07) |
| Cash from financing | 36.67 | 67.05 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,628 | 1,072 | 285 | 207 | 147 |
| Revenue growth | +51.9% | +276.2% | +37.6% | +41.1% | - |
| EBITDA | 197 | 125 | 34.95 | 14.01 | 11.03 |
| EBITDA margin | +12.1% | +11.6% | +12.3% | +6.8% | +7.5% |
| Profit before tax | 190 | 114 | 34.07 | 8.60 | 4.40 |
| Net profit | 138 | 86.54 | 26.03 | 6.75 | 3.44 |
| Net profit margin | +8.5% | +8.1% | +9.1% | +3.3% | +2.3% |
| EPS (₹) | 76.38 | 48.48 | 17.10 | 4.44 | 2.26 |
| Balance sheet | |||||
| Total assets | 528 | 341 | 162 | 118 | 115 |
| Net worth | 391 | 255 | 84.30 | 58.66 | 52.29 |
| Total debt | 127 | 77.86 | 77.68 | 59.71 | 62.43 |
| Cash & bank | 65.44 | 49.04 | 0.17 | 0.24 | 1.89 |
| Net working capital | 180 | 144 | 76.17 | 45.99 | 48.91 |
| Cash flow | |||||
| Cash from operations | (41.42) | (26.70) | (22.11) | 15.36 | 6.52 |
| Cash from investing | (16.10) | (21.07) | 15.58 | (5.43) | (19.03) |
| Cash from financing | 36.67 | 67.05 | 6.46 | (11.57) | 6.04 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 1,628 | 1,107 |
| Revenue growth | +47.0% | - |
| Other income | 11.16 | 7.22 |
| Total expenses | 1,431 | 974 |
| Employee cost | 0.00 | 47.28 |
| EBITDA | 197 | 134 |
| EBITDA margin | +12.1% | +12.1% |
| Depreciation | 1.14 | 1.21 |
| Interest | 10.90 | 16.65 |
| Profit before tax | 196 | 123 |
| Tax | 52.45 | 29.75 |
| Net profit | 144 | 92.62 |
| Net profit margin | +8.8% | +8.4% |
| EPS (₹) | 79.52 | 51.85 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 18.01 | 18.01 |
| Reserves & surplus | 388 | 247 |
| Shareholders' funds (net worth) | 406 | 265 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 0.64 | 1.12 |
| Unsecured loans | 127 | 76.74 |
| Total debt | 127 | 77.86 |
| Total liabilities | 543 | 351 |
| Assets | ||
| Gross block | 30.65 | 30.24 |
| Net block | 18.26 | 18.30 |
| Capital work in progress | 1.00 | 0.00 |
| Investments | 23.15 | 17.74 |
| Inventories | 125 | 62.85 |
| Sundry debtors | 349 | 182 |
| Cash & bank balances | 65.45 | 49.04 |
| Loans & advances | 40.46 | 56.27 |
| Total current assets | 580 | 350 |
| Total current liabilities | 399 | 206 |
| Net working capital | 180 | 144 |
| Total assets | 543 | 351 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 22.18 | 2.91 |
| Net cash from operating activities | (41.42) | (26.70) |
| Net cash from investing activities | (16.09) | (21.07) |
| Net cash from financing activities | 36.67 | 67.05 |
| Net change in cash | (20.84) | 19.27 |
| Closing cash | 65.45 | 49.04 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +47.0% | - |
| EBITDA growth | +46.9% | - |
| PBT growth | +58.9% | +9997.0% |
| Net income growth | +55.1% | - |
| Profitability & leverage | ||
| Net income margin | +8.8% | +8.4% |
| Return on capital employed | - | +42.6% |
| Return on net worth | - | +35.4% |
| Debt / equity | - | 0.21 |
| Long-term debt / equity | - | 0.18 |
| Interest cover | 5.58 | 12.56 |
| Efficiency & per share | ||
| Fixed asset turnover | - | 32.69 |
| Inventory turnover | - | 16.87 |
| Debtors turnover | - | 5.91 |
| EPS (₹) | 79.52 | 51.85 |
| Dividend per share (₹) | 1.00 | 1.00 |
| Book value per share (₹) | 0.00 | 146.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,628 | 1,072 | 285 | 207 | 147 |
| Revenue growth | +51.9% | +276.2% | +37.6% | +41.1% | - |
| Other income | 5.47 | 7.13 | 10.09 | 4.00 | 2.56 |
| Total expenses | 1,431 | 947 | 250 | 193 | 136 |
| Employee cost | 0.00 | 44.53 | 29.12 | 15.05 | 15.07 |
| EBITDA | 197 | 125 | 34.95 | 14.01 | 11.03 |
| EBITDA margin | +12.1% | +11.6% | +12.3% | +6.8% | +7.5% |
| Depreciation | 1.14 | 1.05 | 0.70 | 0.94 | 1.67 |
| Interest | 10.90 | 16.35 | 10.27 | 8.47 | 7.52 |
| Profit before tax | 190 | 114 | 34.07 | 8.60 | 4.40 |
| Tax | 52.45 | 27.03 | 8.04 | 1.85 | 0.96 |
| Net profit | 138 | 86.54 | 26.03 | 6.75 | 3.44 |
| Net profit margin | +8.5% | +8.1% | +9.1% | +3.3% | +2.3% |
| EPS (₹) | 76.38 | 48.48 | 17.10 | 4.44 | 2.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 18.01 | 18.01 | 15.22 | 15.22 | 15.22 |
| Reserves & surplus | 373 | 237 | 69.08 | 43.44 | 37.07 |
| Shareholders' funds (net worth) | 391 | 255 | 84.30 | 58.66 | 52.29 |
| Secured loans | 0.64 | 1.12 | 23.79 | 17.04 | 2.44 |
| Unsecured loans | 127 | 76.74 | 53.89 | 42.67 | 59.99 |
| Total debt | 127 | 77.86 | 77.68 | 59.71 | 62.43 |
| Total liabilities | 528 | 341 | 162 | 118 | 115 |
| Assets | |||||
| Gross block | 30.65 | 30.24 | 31.76 | 30.23 | 27.00 |
| Net block | 18.26 | 18.30 | 19.84 | 19.01 | 16.36 |
| Capital work in progress | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7.71 | 7.99 | 8.29 | 18.12 | 12.19 |
| Inventories | 125 | 62.85 | 36.45 | 36.86 | 27.95 |
| Sundry debtors | 349 | 182 | 73.71 | 58.19 | 56.77 |
| Cash & bank balances | 65.44 | 49.04 | 0.17 | 0.24 | 1.89 |
| Loans & advances | 40.48 | 56.27 | 43.42 | 29.98 | 22.78 |
| Total current assets | 580 | 350 | 154 | 125 | 109 |
| Total current liabilities | 399 | 206 | 77.58 | 79.28 | 60.48 |
| Net working capital | 180 | 144 | 76.17 | 45.99 | 48.91 |
| Total assets | 528 | 341 | 162 | 118 | 115 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 22.18 | 2.91 | 0.24 | 1.89 | 8.36 |
| Net cash from operating activities | (41.42) | (26.70) | (22.11) | 15.36 | 6.52 |
| Net cash from investing activities | (16.10) | (21.07) | 15.58 | (5.43) | (19.03) |
| Net cash from financing activities | 36.67 | 67.05 | 6.46 | (11.57) | 6.04 |
| Net change in cash | (20.85) | 19.27 | (0.07) | (1.65) | (6.47) |
| Closing cash | 65.44 | 49.04 | 0.17 | 0.24 | 1.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +51.9% | +276.2% | +37.6% | +41.1% | - |
| EBITDA growth | +57.8% | +256.5% | +149.5% | +27.0% | - |
| PBT growth | +66.2% | +235.5% | +296.2% | +95.5% | +9997.0% |
| Net income growth | +59.4% | +232.5% | +285.6% | +96.2% | - |
| Revenue CAGR (3Y) | +98.8% | +94.0% | - | - | - |
| EBITDA CAGR (3Y) | +141.2% | +124.4% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +8.5% | +8.1% | +9.1% | +3.3% | +2.3% |
| Return on capital employed | - | +54.2% | +31.6% | +14.7% | +10.4% |
| Return on net worth | - | +51.3% | +36.4% | +12.2% | +6.6% |
| Debt / equity | - | 0.39 | 0.96 | 1.10 | 1.19 |
| Long-term debt / equity | - | 0.28 | 0.64 | 0.80 | 0.87 |
| Interest cover | 5.58 | 13.23 | 29.99 | 64.80 | 80.34 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 34.58 | 9.19 | 7.24 | 5.44 |
| Inventory turnover | - | 21.59 | 7.77 | 6.39 | 5.25 |
| Debtors turnover | - | 8.39 | 4.32 | 3.60 | 2.59 |
| EPS (₹) | 76.38 | 48.48 | 17.10 | 4.44 | 2.26 |
| Dividend per share (₹) | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 142.29 | 55.40 | 38.55 | 34.36 |
Web traffic of Rajesh Power
The website of Rajesh Power (rajeshpower.com) receives about 3K visits a month.
- Monthly visits3K
▲ 18% vs previous month
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EDF is engaged in electricity production and distribution in France. | 1946 | Paris, France | – | – | 151,073 | |
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Frequently Asked Questions about Rajesh Power
Rajesh Power was founded in 1971.
Rajesh Power is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Rajesh Power has 1,320 employees.
The primary company behind Rajesh Power, Rajesh Power Services Limited, reported revenue of ₹1,633 Cr for FY 2026, up 51% year on year.
Rajesh Power Services Pvt. Ltd. was established in 1971 in Ahmedabad, India, within the power transmission sector. Underground power transmission and infrastructure EPC activities are conducted, encompassing operations and maintenance, utility services, cable testing, and fault detection. Expertise in HVEHV transmission and power utility services has been accumulated over four decades.
Rajesh Power offers TurnKey Projects and O&M Services.
Yes, Rajesh Power is publicly traded on BSE under the ticker symbol RAJESH.
Rajesh Power operates through Rajesh Power Services Limited.
The legal entities of Rajesh Power currently have 8 directors, including Rajendra Baldevbhai Patel, Kurang Ramchandra Panchal, Kaxil Prafulbhai Patel and others.
