Rajesh Power Services Limited · BSE:RAJESH
Rajesh Power Services — H1 FY2026 Earnings Presentation
30 slides from Rajesh Power Services's earnings presentation, Nov 14, 2025
Slide 1: Submission of Investor Presentation cover letter to BSE
XTING ) NS RA_/ESH PO WE R SERVICESLTD. November 14,2025 To, Compliance Department BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai- 400001 Scrip Code | 544291 ISIN Code | INEOVN801010 Sub: Submission of Investor Presentation for unaudited Financial Results of half year ended on September
Slide 2: Rajesh Power Services Limited Investor Presentation November 2025
RAJESH POWER SERVICES LIMITED Investor Presentation November 2025 ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 & ISO 50001:2018 Certified 1
Slide 3: Table of Contents
Table of Contents 1 2 RPSL in a Nutshell About the Company 3 4 Financial Performance What Sets Us Apart 2
Slide 4: Energizing Tomorrow: Excellence at Execution backed by Sustainable Innovations
Energizing Tomorrow: Excellence at Execution backed by Sustainable Innovations Established in 1971, RPSL is an experienced Turnkey EPC solutions player specialized in India's power transmission and distribution sector Proven track-record in delivering large-scale critical power transmission and dist
Slide 5: RPSL in a nutshell
RPSL in a nutshell 4
Slide 6: RPSL Execution Track Record
RPSL Execution Track Record Transmission Distribution Ring Main Distribution Units Transformers Gas Insulated 11,000+ 5,000+ Air Insulated Substations Substations 15+ 100+ LT MVCC Cables EHV CABLE 10,000 KMS+ 50,000 KMS+ 2,500+ KMS ‹#› 5 Figures reflect the company’s cumulative execution record, com
Slide 7: Successful IPO Listing
Successful IPO Listing Rajesh Power Services Ltd got Listed at a Valuation of ~ ₹ 1,146 Cr on 02nd December, 2024 December 2024 Shareholding Pattern ➢ Listed on BSE SME Platform 22.8% ➢ IPO Price : ₹ 335.00 per share 0.5% ➢ Listing Price: BSE ₹ 636.50 per 3.4% Sep’25 share 73.4% ➢ Listing day gain o
Slide 8: About the company
psa] esi Bs aes 7 —— About the company |
Slide 9: Powering Possibilities with Complete Solutions
Powering Possibilities with Complete Solutions Operations, Engineering & Turnkey EPC Solutions Design & Consultancy Services Maintenance (OEM) Execute turnkey power sector Offer comprehensive OEM services Prepare Detailed Project Reports projects in transmission and for solar plants, substations, an
Slide 10: Pioneer & Trusted Partner in Executing Complex T&D Projects
Pioneer & Trusted Partner in Executing Complex T&D Projects EHV Cables & Transmission Lines EHV Substations MV/HV/LV Distribution Systems • One of Gujarat's largest service providers • Turnkey solution providers for EHV • Design and implementation of for EHV underground networks, offering substation
Slide 11: Driving Reliability: OEM Business
Driving Reliability: OEM Business EHV Substation Operation & LT & HT systems Operations & Maintenance maintenance • One-stop solution for OMR (Operation, • Pioneered area-based, city-focused OEM Maintenance & Repairs) of EHV contracts for power distribution substations companies (PDCs) • Expert team
Slide 12: Growing Order Book
Growing Order Book Unexecuted Order book + L1 Power Transmission Segment Rs. 3,502 Cr* (Rs. 841 Cr) Orders for Transmission Business from • State Transmission Utilities • Private DISCOMs • Private companies requiring EHV Power Enhancement / Application 24% Power Transmission Power Distribution Segme
Slide 13: Key Projects Executed
Key Projects Executed UGVCL Network Strengthening Milestones 220 kV River Crossing Project Expansion of GIS at Atul GETCO ➢ 92 Feeders installed — (Government) 220kV at Valsad (Government) powering 5 lakh+ customers ➢ 2,000 Ring Main Units installed ➢ 1,000 Distribution Transformers installed 6
Slide 14: Key Ongoing Projects
Key Ongoing Projects 132 kV GIS at Lalsagar, 132 kV GIS at Pratapnagar, 220 kV Power arrangement for Jodhpur Jaipur Grasim from GETCO Underground cable laying 220 kV Supply Arrangement Conversion of overhead 11 kV for Robust network for for Waaree BESS Project conductor to MVCC DGVCL 13
Slide 15: Guiding Vision: Management Overview
Guiding Vision: Management Overview Mr. Kurang Panchal Mr. Rajendra Patel Mr. Utsav Panchal Mr. Kaxil Patel Managing Director Whole Time Director Director and Chief Executive Officer Director & Chief Financial Officer Mr. Sujit Gulati Mrs. Pankti Parth Shah Mr. Viral Deepakbhai Ranpura Independent D
Slide 16: Strategic Highlights - Sign MoUs at Vibrant Gujarat Regional Conference 2025
Strategic Highlights - Sign MoUs at Vibrant Gujarat Regional Conference 2025 1 Signed MoUs worth ₹4,754 crore with the Government of Gujarat during the inaugural Vibrant Gujarat Regional Conference 2025. The projects focus on converting overhead HT lines into underground cable networks across Gujara
Slide 17: Strategic Highlights (Contd..)
Strategic Highlights (Contd..) 2 3 Successfully entered into the 400 kV GIS segment Secured new turnkey orders worth ₹922 Cr from with landmark orders of ₹ 278 Cr, marking a UGVCL. The projects involve converting 11kV HT significant milestone in high-voltage GIS capabilities. overhead networks into
Slide 18: Financial Performance
Financial Performance 17
Slide 19: H1FY26 Financial Performance
H1FY26 Financial Performance Revenue * (Rs Cr.) EBITDA * (Rs Cr.) and EBITDA Margin * Key Highlights 700 637.82 11.9% 13.2% 600 83.93 500 ↑ 90.00 80.00 400 313.06 104% 70.00 60.00 ↑ During H1FY26, Revenue 300 50.00 37.20 126% 200 40.00 increased by 104% to Rs. 30.00 100 20.00 638 Cr from H1FY25 due
Slide 20: Financial Highlights: H1FY26
Financial Highlights: H1FY26 Particulars (Rs Cr) H1FY26 H1FY25 YoY (%) FY25** FY24* YoY (%) Revenue from Operations 637.82 313.06 104% 1,072.07 284.97 276% Total Income 640.07 315.56 103% 1,076.91 295.06 265% EBITDA 83.93 37.20 126% 123.89 34.94 255% (excluding other income) EBITDA Margin 13.16% 11.
Slide 21: Annualized Financial Performance
Annualized Financial Performance Revenue (Rs Cr.) EBITDA (Rs Cr.) and EBITDA% 1,072 150 11.9% 13.2% 11.6% 14. 0% 124 12. 0% 84 10. 0% 638 100 6.8% 8.0 % 6.0 % 285 50 34 207 4.0 % 14 2.0 % - 0.0 % FY23* FY24* FY25** H1FY26 FY23* FY24* FY25** H1FY26 PAT (Rs. Cr.) & PAT Margin EPS (Rs) 120 9.1% 9.0% 9.
Slide 22: Annualized Financial Performance
Annualized Financial Performance ROCE (%) ROE (%) Debt to Equity Ratio 36.48% 36.53% 42.86% 1.02 39.67% 30.86% 0.92 31.42% 16.57% 11.43% 0.29 0.26 FY23* FY24* FY25** H1FY26 FY23* FY24* FY25** H1FY26 FY23* FY24* FY25** H1FY26 * FY23 & FY24 financial numbers are on Standalone basis ** FY25 financial n
Slide 23: Guided by Vision, Driven by Performance
Guided by Vision, Driven by Performance ➢ During H1FY26, Revenue increased by 104% to Rs. 638 Cr due to well crafted project execution and well-diversified order book. ➢ During H1FY26, EBITDA increased by 126% to Rs. 84 Cr with an EBIDTA margin of 13.16%. ➢ During H1FY26, PAT increased by 99% to Rs.
Slide 24: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs Cr.) FY23* FY24* FY25** H1FY26 Income Revenue from operations 207.18 284.97 1072.07 637.82 Total Income 211.18 295.06 1076.91 640.07 Expenses Cost of goods sold 164.56 207.47 875.53 494.05 Employee benefit expenses 21.28 28.91 43.91 36.57 Finance costs 8.47 9.
Slide 25: Balance Sheet
Balance Sheet Equity and Liabilities (Rs Cr.) FY23* FY24* FY25** H1FY26 Net Worth 58.67 84.30 264.88 321.86 Total Non Current Liabilities 44.35 53.67 56.97 77.86 Short Term Borrowings 15.94 24.84 28.90 20.40 Trade Payables 31.16 31.44 120.51 116.82 Total Current Liabilities 91.00 102.42 235.12 265.9
Slide 26: Group Company - RPSL- HKRP INNOVATIONS LTD.
Group Company - RPSL- HKRP INNOVATIONS LTD. Our group has invested in an innovative company specializing on Smart Energy Management solutions Our group company HKRP Innovations Limited (HKRP), provides customized IT solutions for the energy sector. HKRP offers IoT and SCADA solutions for Smart Grid
Slide 27: What Sets Us Apart
What Sets Us Apart 26
Slide 28: What Sets Us Apart?
What Sets Us Apart? Extensive experience in collaborating with power utilities RPSL is driving power sector innovation Healthy financials with strong net through its 26% investment in HKRP, worth of ₹263 crore as of 31 March 2025. offering IoT and cloud-based solutions for grids and renewables. Expe
Slide 29: Safe Harbor
Safe Harbor The Presentation is to provide the general background information about the Company’s activities as at the date of the Presentation. The information contained herein is for general information purposes only and based on estimates and should not be considered as a recommendation that any
Slide 30: Thank You
Thank You Rajesh Power Services Ltd Ernst & Young Investor Relations 380/3, Siddhi House, Opp. Lal Bunglows, B/H Arpit Mundra | Krishna Patel Sasuji Dinning Hall, Off C.G. Road, Navrangpura E: arpit.mundra@in.ey.com Ahmedabad Gujarat- 380006, India. E: krishna.patel2@in.ey.com CIN : L31300GJ2010PLC0
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