RTS Power Corporation Ltd

RTS Power Sees EBITDA Margin Dip to 3.81% in FY25 📉

- EBITDA margin declined to 3.81% in FY25 from 7.06% in FY24.

- Credit ratings reaffirmed: long-term bank facilities at IVR BB+/Stable (₹20.87 crore, enhanced from ₹17.44 crore) and short-term at IVR A4+ (₹39.10 crore, enhanced from ₹37.40 crore).

- Total bank facilities now stand at ₹59.97 crore.

- Tangible net worth was ₹152.85 crore as of March 31, 2025, with a gearing ratio of 0.09x.

- Strengths include experienced promoters, diversified product portfolio, and established client relationships.

- Weaknesses include an elongated operating cycle of 118 days in FY25 and exposure to raw material price volatility.

- Liquidity is adequate with cash accruals of ₹5.85 crore projected for FY26 and cash equivalents of ₹14.32 crore as of March 31, 2025.