Multibagger Power Infrastructure Company Reports 289 Per Cent Revenue Growth in FY25, PAT Jumps 259 Per Cent - Details Inside!

Since listing in December 2024, the stock has given 97 per cent returns.

Rajesh Power Services Limited, a key integrated turnkey EPC player in the power infrastructure segment, has announced its audited financial results for the half year ended March 31, 2025 (H2FY25), and the full financial year FY25. The company demonstrated strong operational efficiency and successful project execution, delivering significant growth across all key financial metrics.

For the second half of FY25, Rajesh Power Services recorded revenue from operations of Rs 790.48 crore, marking a sharp rise of 149.4 per cent compared to Rs 316.96 crore in the first half. Total income for H2FY25 stood at Rs 792.89 crore, reflecting a sequential increase of 146.42 per cent. The company’s EBITDA (excluding other income) in this period was Rs 93.61 crore, a 133.2 per cent increase over H1FY25. Profit Before Tax (PBT) reached Rs 86.07 crore, while Profit After Tax (PAT) stood at Rs 65.20 crore, registering a growth of 131.51 per cent over the first half. The EBITDA margin was 11.84 per cent, and the PAT margin stood at 8.25 per cent during H2FY25.

On a full-year basis, Rajesh Power Services reported consolidated revenue from operations of Rs 1,107.44 crore, marking an impressive year-on-year growth of 288.62 per cent compared to Rs 284.97 crore in FY24 (reported on a standalone basis). Total income grew 277.77 per cent to Rs 1,114.66 crore. EBITDA surged 293.88 per cent year-on-year to Rs 133.75 crore, while PBT and PAT increased by 261.44 per cent and 258.89 per cent respectively, reaching Rs 123.12 crore and Rs 93.37 crore. This strong financial performance was driven by a substantial and diversified order book that acted as a key growth engine across both revenue and profitability.

The FY25 numbers are consolidated, incorporating financials of HKRP Innovations Ltd., in which Rajesh Power Services holds a 25.48 per cent stake. Notably, HKRP Innovations transitioned from an LLP to a public limited company on July 20, 2024.

Commenting on the H2FY25 results, Mr. Kurang Panchal, Managing Director, stated, “We are proud to have delivered a historic performance marked by stellar project execution, driven by the dedication, expertise, and relentless commitment of our exceptional team. From complex infrastructure to large-scale turnkey projects, we proved our ability to deliver quality outcomes even in the most challenging environments. As we look ahead, our focus is on expanding into new geographies, enhancing operational efficiency through technology and process optimization, and advancing into New Energies. We are set to execute technically challenging projects that will push the boundaries of innovation, as we actively pursue our mission of delivering excellence and shaping the future of infrastructure.”

Rajesh Power Services Limited is recognized as a prominent player in the EPC space, especially within the power transmission and distribution sector. The company offers turnkey services for GIS and AIS substations, extra high voltage power cables, transmission lines, and distribution systems. With a strong presence across India, it primarily serves government and institutional clients. After raising Rs 160.5 crore through its IPO, Rajesh Power Services was listed on the BSE SME exchange on December 2, 2024.

Disclaimer: The article is for informational purposes only and not investment advice.