Solar penny stock-RDB Infrastructure and Power Ltd reported net sales of Rs 86.05 crore and net profit of Rs 5.77 crore in H1FY26

RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent Real Estate & Solar services-related company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialise in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls. The company is committed to quality and innovation, aiming to deliver exceptional living and working spaces. By focusing on customer satisfaction and sustainable development practices, RDB Realty & Infrastructure Ltd has established itself as a trusted name in the Indian real estate industry.

The company announced consolidated quarterly (Q2) and half-yearly results (H1) for the financial year 2026. In Q1FY26, the company reported net sales of Rs 18.50 crore and net profit of Rs 3.05 crore and in H1FY26, the company reported net sales of Rs 86.05 crore and net profit of Rs 5.77 crore.

Additionally, the company allotted 10,00,000 equity shares, each with a face value of Re 1, to a single non-promoter allottee, Ami Jasmine Shah, pursuant to the conversion of an equivalent number of warrants held under a preferential basis. This conversion was triggered by the receipt of the balance amount of Rs 3,03,75,000, calculated at Rs 30.375 per warrant being 75 per cent of the total issue price of Rs 40.50 per warrant), in accordance with SEBI regulations. The newly allotted shares rank pari passu with the existing equity shares, resulting in an increase of the Company's issued and paid-up capital to Rs 20,38,84,000, consisting of 20,38,84,000 equity shares of Re 1 each.

Furthermore, RDB Infrastructure and Power Limited secured a major EPC contract via an MOU with NRG Renewable Resources Private Limited for 51 MW/AC/65 MW DC Solar Power Projects across six sites near Nagpur, Maharashtra, valued at R 277 crore. This follows an earlier addendum to an existing EPC MOU with Stargen Power for similar Solar Projects 52 MW AC/65 MW DC, also near Nagpur, where the contract price was revised and increased from Rs 225 crore to Rs 276 crore.

The stock’s 52-week high is Rs 62.68 per share and its 52-week low is Rs 35 per share. The company has a market cap of over Rs 900 crore, with promoters holding 68.64 per cent stake, FIIs holding 2.22 per cent and the pubic owning 29.14 per cent stake. The stock is up by 37 per cent from its 52-week low of Rs 35 per share and has given multibagger returns of over 4,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.