RITES Reports FY26 Consolidated Revenue And Profit

21 May 2026 CW Team

Gurugram-based RITES Limited reported consolidated results for the year ended March 31, 2026, with operating revenue of Rs 24,150 million (mn) and total revenue of Rs 24,260 mn. Profit after tax was Rs 4,540 mn and the board has recommended a final dividend of Rs two point seven five per share, amounting to Rs 1,320 mn and representing a total payout ratio of 95.4 per cent. The company reported an all-time high order book of Rs 94,160 mn.

In the fourth quarter the group recorded consolidated operating revenue of Rs 7,680 mn, up 27.6 per cent year on year, and total revenue of Rs 7,990 mn. EBITDA for the quarter was Rs 1,720 mn with a margin of 22.4 per cent while profit after tax was Rs 1,390 mn with a margin of 17.4 per cent. Management attributed double digit sequential growth to an uptick in consultancy and export segments and noted that more than 120 orders worth over Rs 9,580 mn were secured in the quarter.

On a full year basis EBITDA stood at Rs 5,680 mn with margins of 23.5 per cent and profit after tax rose to Rs 4,540 mn. Standalone consultancy revenue in the quarter was Rs 3,340 mn with margins of 34.2 per cent while leasing generated Rs 440 mn and exports Rs 1,900 mn; turnkey revenue was reported at Rs 1,690 mn with slimmer margins. For the year consultancy revenue was Rs 11,850 mn, leasing Rs 1,720 mn, turnkey Rs 6,020 mn and exports Rs 3,160 mn, with exports supported by the supply of 10 cape gauge locomotives to CFM Mozambique.

The chairman said the results reaffirmed the company's commitment to disciplined execution and reflected revival in export earnings after a gap of about two years. He indicated that following a year of business re-engineering and consolidation, the company plans to pursue disruptive growth across its business streams in the next financial year. RITES is a Navratna public sector enterprise with about 52 years of experience and operations in more than 55 countries.

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