Rs 3,628 Crore Order Book: Power Transmission & Distribution EPC Company Receives a Lowest Bid Confirmation at L1 Stage for Multiple Orders
The company has a market cap of over Rs 2,400 crore and as of March 31, 2025, the order book stands at Rs 3,628 crore.
On Wednesday, shares of Rajesh Power Services Limited (RPSL) gained 3.7 per cent to Rs 1,357.80 per share from its previous closing of Rs 1,309.60.20 per share. The stock’s 52-week high is Rs 1,448 per share and its 52-week low is Rs 636.50 per share.
Rajesh Power Services Limited (RPSL), a prominent EPC contractor in Power Transmission & Distribution, has received confirmation as the lowest bidder (L1) for multiple significant projects. One key project involves the Distribution & Backup Power System in GIFT City, encompassing both its Domestic Tariff Area (DTA) and Special Economic Zone (SEZ) areas. This project is expected to be executed within 18 months from its commencement.
Furthermore, RPSL has also been declared the successful bidder for several turnkey contracts related to the supply, installation, testing, and commissioning of 11 kV Medium Voltage Covered Conductor (MVCC) systems. These include a project under the KSY Scheme for Paschim Gujarat Vij Company Ltd (PGVCL), and various projects for Madhya Gujarat Vij Company Limited (MGVCL) under the Kisan Suryoday Yojna (KSY) Scheme and the VKY-2 Scheme in divisions like Bodeli, Dabhoi, Dahod and Lunawada.
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About Rajesh Power Services Limited (RPSL)
RPSL is one of the leading specialised Engineering, Procurement & Construction (EPC) companies engaged in the Power Transmission & Distribution Sector. RPSL is providing its services across various verticals, including turnkey execution of GIS substations, AIS substations, extra high voltage power cables and transmission lines, and the construction of distribution systems. A concentrated, customer—focused approach and the mission to deliver top-class quality have enabled RPSL to maintain its position in its core business area for over five decades.
The company caters to government and institutional customers across India. The company has a market cap of over Rs 2,400 crore and as of March 31, 2025, the order book stands at Rs 3,628 crore. The shares of the company have a PE of 27x, an ROE of 51 per cent and an ROCE of 55 per cent. The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 636.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.