Rajesh Power Services Ltd (RAJESH) — shareholding pattern, promoter holding, financials and share price
About Rajesh Power Services Ltd (RAJESH)
Rajesh Power Services Ltd operates in the Multi Utilities industry, within the Utilities sector. It trades on the NSE as RAJESH and on the BSE under scrip code 544291. Its ISIN is INE0VN801010.
Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies, private utilities, and industries. [1]
Rajesh Power Services Ltd. is an integrated turnkey EPC provider for power transmission and distribution in India, executing projects from design to commissioning across underground cabling, overhead lines, substations up to 400 kV, offering O&M and utility services and holding a strategic stake in HKRP Innovations for IoT/SCADA solutions.
FY26 marked a step-change in scale: consolidated revenue reached Rs. 1,627.94 crore with EBITDA (ex-OI) of Rs. 197.16 crore and 12.1% EBITDA margin, driven by disciplined execution, cost control and a diversified order book that produced a 99% three‑year revenue CAGR from FY23 to FY26.
Listed peers in Multi Utilities: EMS Ltd, Antony Waste Handling Cell Ltd, Denta Water & Infra Solutions Ltd, Eco Recycling Ltd, JITF Infra Logistics Ltd, Concord Enviro Systems Ltd.
Valuation & Returns
10 Jul 2026At ₹867 a share on 10 Jul 2026, Rajesh Power Services Ltd (RAJESH) was valued at a price-to-earnings ratio of 10.85x against an industry P/E of 28.25x and a price-to-book of 3.84x on a book value of ₹225.56 per share. Solomo computes return on equity of 35.26% and return on capital employed of 38.72% from filed results.
- P/E
- 10.85x
- Industry P/E
- 28.25x
- P/B
- 3.84x
- EPS (TTM)
- ₹79.77
- Book value / share
- ₹225.56
- ROE
- 35.26%
- ROCE
- 38.72%
- ROA
- 15.19%
- Debt / equity
- 0.31x
- Dividend yield
- 0.12%
- EBITDA margin
- 12.76%
- 52-week range
- ₹750 – ₹1,639
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Rajesh Power Services Ltd (RAJESH) reported revenue of ₹1,628 crore, net profit of ₹143 crore and earnings per share of ₹79.52. That compares with revenue of ₹1,107 crore and net profit of ₹93 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹990 crore and net profit ₹84 crore (consolidated).
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue (₹ cr) | 1,107 | 1,628 |
| Net profit (₹ cr) | 93 | 143 |
| EPS (₹) | 51.85 | 79.52 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 94.01% | 276.20% |
| Profit growth | 193.69% | 235.51% |
| Stock price CAGR | - | -36% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 72.7% of Rajesh Power Services Ltd (RAJESH), foreign institutional investors (FII) hold 0.68% and domestic institutional investors (DII) hold 3.51%. Market capitalisation was ₹1,561 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2025.
Largest disclosed public shareholders in Mar 2026: INDIA EQUITY FUND 1 1.59%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 72.7% | - | 0.68% | 3.51% | 27.3% |
| Sep 2025 | 73.4% | - | 0.45% | 3.39% | 26.6% |
| Mar 2025 | 73.4% | - | 0.84% | 4.88% | 26.6% |