RTS Power Corp appears to be on the transition phase

RTS Power Corporation Ltd., incorporated in 1947 with its current registered office at 56 Netaji Subhas Road, Kolkata is engaged in the business of manufacturing and marketing of Extra High Voltage Power and Distribution transformers. RPCL is the flagship company of the Bhutoria group and Rajendra Bhutoria, Abhay Bhutoria, Sardul Singh Jain, Alok Kumar Banthia, Rachna Bhutoria and Ram Lal Saini are the directors in the company. Initially, the company was incorporated as a private limited company and converted into a public limited company in the year 1984.
The company has manufacturing units located in Jaipur (2 units), Agra and Kolkata. Transformers and other products are supplied domestically to various State Electricity Boards, DGS&D, MES, Air Force, CPWD, BSNL, RSBCC/RSRDC, PWD, Co-operative Societies, Industrial Houses, Residential Complexes, Hotels, Collieries etc and are also exported to Ethiopia and the UK. The company is in the process of establishing galvanised wire and strips manufacturing plant at total installed production capacity of 12000 TPA that would reduce its dependency for galvanised wires and is likely to result in input cost rationalisation.

During FY18 and FY19, revenues of the company grew by 76% and 18% respectively to touch Rs. 213 crs in FY18 and Rs.252 crs in FY19 mainly on account of launch of central government initiatives under ‘Power for All’ scheme and other schemes like DDUGJY and IDPS.

Promoters are increasing stake.

Group members can give views on the company.