RDB INFRASTRUCTURE AND POWER L

Constructs residential and commercial real estate projects in India, with FY26 revenue from operations of Rs 127.69 crore. Materials dominate the cost stack at 79.2% of revenue, with employee costs at 1.1% and other operating expenses at 2.7%, consistent with a construction-led model. The company has expanded into solar power through several moves: it holds a 29% stake (rising to 42.5% on milestones) in Maxim Industries for a solar cell manufacturing plant in Chhattisgarh, acquired 100% of Arankam Green Energy Solution which holds a 6.3 MW solar project at Saharanpur under a Power Purchase Agreement with UPPCL, and signed a 50:50 MoU with Mecpower Solutions to execute EPC for a 70 MW (AC) / 95 MW (DC) solar project with 25 MWh battery storage in Bikaner, Rajasthan, valued at approximately Rs 348.64 crore. It has also issued a Rs 17.75 crore corporate guarantee to group company RDB Real Estate Constructions for an Axis Bank loan, and acquired 1.56 acres of land at Jharsuguda, Odisha. Profit after tax for FY26 was Rs 12.46 crore, with an exceptional Rs 2.49 crore gain from the slump sale of the Anjana Project.