Rajesh Power Services Ltd (RPSL) has announced a new order inflow of Rs.2,473 crore during FY26 (April 1, 2025 to March 31, 2026).
Based on information previously released by the company, it appears that the order inflow in FY26 was largely concentrated in the first half (H1: April to September).
According to an investor presentation by RPSL, the company’s outstanding order book (including L1 positions), as of March 31, 2026, stood at Rs.3,326 crore. This included Rs.2,365 crore (or 71 per cent) in the power distribution segment, and Rs.961 crore (or 29 per cent) in the power distribution space.
As of April 23, 2025, the company anticipated a bidding pipeline of Rs.3,500 crore. Besides, RPSL had bid for contracts worth Rs.2,200 crore for which results were awaited.
Highlights of FY26
- Debuted in the battery energy storage system (BESS) space, winning a 65 MW/130 MWh project in Gujarat, under the tariff-based competitive bidding (TBCB) mode. (More details)
- Entered the 400kV GIS segment with orders worth Rs.278 crore
- Secured orders worth over Rs.900 crore for converting 11kV overhead lines into underground cable system, in Gujarat. (More details)
Power Distribution
During FY26, Rajesh Power Services achieved impressive results in the power distribution space with the commissioning of 350 feeders, over 4,000 ring main units (RMU), over 1,200 distribution transformers and 1,300 km of cables, the presentation said.
High growth opportunities
According to Kurang Panchal, Managing Director, Rajesh Power Services Ltd, “Supported by strong policy visibility in India’s power transmission and distribution sector, we are well positioned to sustain our growth momentum. Our expanding capabilities across transmission, distribution, and emerging areas such as energy storage provide a solid foundation for long-term growth.”
Also read:Rajesh Power Services, Bondada Engineering win BESS mandates under tariff-based bidding
Featured photograph (source: Rajesh Power Services Ltd) is for representation only