About Rajesh Power Services Limited
Data last updated:
Rajesh Power Services Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 10 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L31300GJ2010PLC059536. Its GSTIN is 24AAECR6294G1Z7 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544291.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.01 Cr. It is led by directors including Kurang Ramchandra Panchal (Managing Director) and Rajendra Baldevbhai Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,627.94 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹143.64 Cr (net margin 8.8%) and EBITDA of ₹196.52 Cr (EBITDA margin 12.1%). The net worth stands at ₹406.17 Cr (up 53.3% YoY). Total assets are valued at ₹543.23 Cr (up 54.9% YoY).
The company has about 1,137 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Biz News and Rajesh Power. As per MCA filings, the company has open charges of ₹635.71 Cr and satisfied charges of ₹54.43 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 13 deals on record (7 market trades, 4 secondary share transfers, 1 ipo), with disclosed funding of ₹12 Cr; the latest was in May 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajeshpower.com.
Company details
CIN history
Rajesh Power Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31300GJ2010PLC059536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31300GJ2010PLC059536 | Current |
| U31300GJ2010PLC059536 | Previous |
| U31300GJ2010PTC059536 | Previous |
Contact details
Rajesh Power Services Limited's registered office is in Ahmadabad City, Gujarat.
- Social Media
- Registered Address380/3 Siddhi House Opp. Lal Bunglows, B/H Sasuji Dinning Hall Off C.G.Road Navrangpura, Ahmedabad, Gujarat, India – 380006
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Rajesh Power Services operates two associated brands: Biz News and Rajesh Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides EPC contracting for power transmission projects. | biznewss.in | |
| Underground power transmission and infrastructure EPC services are specialized in. | rajeshpower.com |
Business activity
The main business activity of Rajesh Power Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Rajesh Power Services Limited, buy the company report.
Financials of Rajesh Power Services Limited
FY 2025-26 filings availableRajesh Power Services Limited reported revenue of ₹1,627.94 Cr (up 47% YoY) for FY 2025-26.
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 |
To see the full year-wise statements and ratios of Rajesh Power Services Limited, buy the company report.
Board of directors of Rajesh Power Services Limited
Rajesh Power Services has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2026 | 101379086 | Others | ₹11.32 Cr | Open | |
| 24 Jun 2026 | 101327465 | Hdfc Bank Limited | ₹7.97 Cr | Open | |
| 11 Dec 2025 | 101205646 | Others | ₹75 Cr | Open | |
| 01 Feb 2025 | 101043055 | Others | ₹100 Cr | Open | |
| 26 Jun 2024 | 100965426 | Others | ₹65 Lakh | Open |
To see the full charge records of Rajesh Power Services Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Rajesh Power Services Limited has 13 deals on record (7 market trades, 4 secondary share transfers, 1 ipo), with disclosed funding of ₹12 Cr; the latest was in May 2026.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹15.39 Cr | Buyer: Pocketful Research Capital Private Limited Seller: an individual |
| Feb 2025 | Market trade | ₹10.1 Cr | Buyer: SMC Global Securities Limited Seller: Moneyywise Financial Services Pvt Ltd, SMC Global Securities Limited |
| Feb 2025 | Market trade | ₹10.03 Cr | Buyer: SMC Global Securities Limited Seller: Moneyywise Financial Services Pvt Ltd |
| Dec 2024 | Market trade | ₹10.95 Cr | Buyer: Ishaan Tradefin LLP Seller: Ishaan Tradefin LLP |
| Dec 2024 | Market trade | ₹18.66 Cr | Buyer: an individual Seller: Ishaan Tradefin LLP |
To see the full deal history of Rajesh Power Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rajesh Power Services Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Court case (WC-NFATAL-L) | Filed against the company by an individual | Disposed |
To see the full case history of Rajesh Power Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Rajesh Power Services Limited was last rated by Crisil on 22 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2020 |
To see the full credit ratings and regulatory alerts of Rajesh Power Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rajesh Power Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajesh Power Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECR6294G1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajesh Power Services Limited, buy the company report.
Recent activity
Rajesh Power Services Limited has 17 board changes on record since 2010: 7 appointments and 10 cessations. The latest: Chetash Mehta was appointed as Director on 03 Sep 2026.
27 earlier events are in the company report.
News
Frequently asked questions
Rajesh Power Services is an active public limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 10 February 2010 (16+ years old) and is registered under CIN L31300GJ2010PLC059536. Listed on BSE: 544291.
Rajesh Power Services reported revenue of ₹1,627.94 Cr for FY 2025-26 (up 47% YoY) based on consolidated financials.
Rajesh Power Services has 7 current directors:
- Kurang Ramchandra Panchal - Managing Director
- Rajendra Baldevbhai Patel - Whole-Time Director
- Kaxil Prafulbhai Patel - Director
- Utsav Nehal Panchal - Director
- Pankti Parth Shah - Director
- Sujit Gulati - Director
- Chetash Mehta - Director
The latest financial statements of Rajesh Power Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajesh Power Services is 24AAECR6294G1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Rajesh Power Services is L31300GJ2010PLC059536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rajesh Power Services is a listed company as per MCA records. Its shares are listed on BSE (code: 544291).
Rajesh Power Services has 1 court case on record: 1 filed against it.
Rajesh Power Services was incorporated on 10 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajesh Power Services has 13 deals on record (7 market trades, 4 secondary share transfers, 1 ipo), with disclosed funding of ₹12 Cr; the latest was in May 2026.