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Result: RITES Q1FY26 PAT at Rs91 Cr, Declares Rs1.30 Interim Dividend, Maintains Strong Order Momentum – Deatils Inside

Order Book at ₹8,790 Cr; CMD Emphasizes Execution Focus for Future Growth
Indian Masterminds Stories

Gurugram RITES Ltd., a leading Public Sector Undertaking (PSU) under the Ministry of Railways and a key player in transport infrastructure consultancy and engineering, announced its consolidated and standalone financial results for Q1FY26, posting a Profit After Tax (PAT) of ₹91 crore and declaring an interim dividend of ₹1.30 per share.

The company’s results reflect steady performance and operational focus, with a year-on-year uptick in both operational profits and PAT, alongside a robust pipeline of new orders.

  • Q1FY26 Financial Snapshot (Consolidated)
  • Operating Revenue: ₹490 crore (YoY increase of 0.8%)
  • EBITDA: ₹117 crore (EBITDA margin at 23.8%)
  • PAT: ₹91 crore (PAT margin at 17.8%)
  • Total Revenue: ₹512 crore

Interim Dividend: ₹1.30 per share, amounting to ₹62.5 crore

  • Order Book: ₹8,790 crore as of June 30, 2025
  • New Orders in Q1FY26: 150+ worth over ₹451 crore

CMD Mr. Rahul Mithal commented, “The results have been flat, underscoring the need for expeditious execution, especially with our young order book. We’ve secured around 300 orders worth ₹3,500 crore in the last two quarters of FY25, and the focus is on accelerating delivery and growth.”

read also: RITES Ltd enhances board governance with two new independent appointments- Know more about them

Standalone Financial Highlights

  • Operating Revenue: ₹456 crore (vs. ₹454 crore in Q1FY25)
  • Total Revenue: ₹476 crore
  • EBITDA: ₹84 crore (Margin: 18.5%)
  • PAT: ₹67 crore (Margin: 14%)

Margins improved YoY by 7.6% (EBITDA) and 2.8% (PAT), driven by improved execution and operational discipline.

Segmental Performance

  • Consultancy: Highest contributor with ₹262 crore revenue and 32.2% margins, driven by better project execution
  • Leasing: ₹43 crore revenue with industry-leading 38.4% margins; fleet size at 88 locomotives
  • Turnkey Projects: Revenue at ₹148 crore
  • Exports: Began from Q2FY26

Robust Order Pipeline & Outlook

RITES has achieved an order intake rate of more than one per day, a testament to its growing footprint in infrastructure consulting and engineering. The order book at the end of Q1FY26 stands at ₹8,790 crore.

Looking forward, CMD Mr. Mithal added:

“While maintaining the trend of securing more than a project per day, we are now focused on translating that into steady sequential growth and aim for substantial improvement over last year’s performance.

read also: RITES Ltd Secures 2 Major Orders Including African Export Deal & Tumakuru Station Redevelopment

About RITES Limited
Rail India Technical and Economic Service (RITES) Limited, is an Indian public sector undertaking and engineering consultancy corporation, specializing in the field of transport infrastructure. Established in 1974 by the Indian Railways, the company’s initial charter was to provide consultancy services in rail transport management to operators in India and abroad. RITES has since diversified into planning and consulting services for other infrastructure, including airports, ports, highways and urban planning.


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