BSECompany Update2d ago · 5 Nov 2026, 09:27 am
Intimation of Press Release for receipt of Order from Dakshin Gujarat Vij Company Limited (DGVCL).
Rajesh Power Services Ltd · 544291
✦ AI Summary▲ PositiveOrder Win
Rajesh Power Services Ltd has secured a ₹1,628.74 crore order from Dakshin Gujarat Vij Company Limited (DGVCL), expanding its order book to ₹5,400 crore, representing a 35% increase.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Rajesh Power Services Ltd - 544291 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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November 5,2026
Compliance Department
BSE Limited
Phiroze Jeejeebhoy Tower,
Dalal Street,
Mumbai- 400001
Scrip Code | 544291
ISIN Code | INE0VN801010
Sub: Submission of Press Release for receipt of order
Ref : Regulation 30 of SEBI (LODR) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 we are pleased to enclose copy of Press Release for
Receipt of Order from Dakshin Gujarat Vij Company Limited (DGVCL).
The above is for your information and records.
For Rajesh Power Services Limited
Jyoti Dakshesh Mochi
Company Secretary and Compliance Officer
Membership No. A39777
Encl: Copy of Press Release
Registered Office: 380/3, Siddhi House, Opp. Lal Bungalows, B/H Sasuji Dinning hall, Off C.G.Road,
Navrangpura, Ellisbridge, Ahmedabad, Ahmadabad City, Gujarat, India, 380006
Email ID: info@rajeshpower.com | CIN: L31300GJ2010PLC059536 | www.rajeshpower.com
Press Release
Rajesh Power secures landmark ₹1,629 Crores Mega Order from
DGVCL; Order book soars to ₹5,400 crores.
Back-to-back mega order wins from Gujarat’s power utilities; Order
book expands by ~35%, creating strong multi-year execution
visibility.
Ahmedabad, November 5, 2026: Rajesh Power Services Limited (RAJESH) BSE: 544291, ISIN:
INE0VN801010 has secured a landmark turnkey order worth ₹1,628.74 crore (inclusive of taxes) from
Dakshin Gujarat Vij Company Limited (DGVCL), significantly strengthening its growth trajectory.
With this mega order, the Company’s aggregate order book has surged to approximately ₹5,400 crore,
representing an impressive ~35% expansion from 4,000 crore prior to this order.
Under the 24-month turnkey project, Rajesh Power will convert existing 11/22kV HT & LT overhead
electricity distribution networks into modern underground cable systems with SCADA-compatible
equipment across multiple locations under DGVCL’s SI Scheme.
The latest order comes on the back of strong business performance, with the Company reporting 46% year-
on-year revenue growth in H1 FY27, accompanied by healthy profitability and improving cash generation.
With a substantially enlarged order book, back-to-back mega order wins and strong sectoral opportunities
in power distribution modernisation, Rajesh Power is entering an important phase of business expansion.
Key Investor Highlights:
Key Parameters Achievements
New DGVCL Order ₹1,628.74 Crore
Execution Timeline 24 Months
Aggregate Order Book ~₹5,400 Crore
Order Book Expansion ~35%
Previous MGVCL Order ₹471.92 Crore
H1 FY27 Revenue Growth 46% YoY
Rajesh Power: Entering a New Scale of Operations
With over five decades of experience, Rajesh Power Services Limited operates as a specialised Engineering,
Procurement and Construction (EPC) company in India’s Power Transmission and Distribution sector.
Its capabilities span:
* GIS and AIS substations
* Extra High Voltage power cables
* Power transmission lines
* Distribution network infrastructure
* Underground cabling projects
* Operation and maintenance services
The Company operates across Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha.
Its comprehensive ISO certifications, including ISO 9001, 14001, 45001, 50001 and 55001, reflect its
commitment to quality, environmental management, occupational health and safety, energy management
and asset management.
The focus now is on disciplined execution, profitable growth and creating sustainable long-term value for
shareholders.
About Rajesh Power Services Limited:
Rajesh Power Services Limited (BSE: 544291) is a specialised Engineering, Procurement and Construction
(EPC) company operating in the Power Transmission and Distribution sector. The Company provides turnkey
solutions across GIS substations, AIS substations, Extra High Voltage power cables, transmission lines,
distribution systems and operation and maintenance services.
With over five decades of experience, the Company has established its presence across multiple Indian
states, delivering quality-focused and technology-enabled power infrastructure solutions.
For Further details, please get in touch with:
Mr. Jyoti Mochi
CS, Rajesh Power Services Limited
Email: cs@rajeshpower.com
Cautionary Statement:
This press release contains certain forward-looking statements. Any forward-looking statement applies
only on the date of this press release. By their nature, forward looking statements are subject to several
known and unknown risks and uncertainties that may or may not occur in the future and as a result of
which the actual results and performance may differ substantially from the expected future results or
performance expressed or implied in the forward - looking statements. No warranties or representations
are made as to the accuracy, achievement, or reasonableness of such statements, estimates or projections,
and Rajesh Power Services Limited has no obligation to update any such information or to correct any
inaccuracies herein or omission here from which may become apparent.