Gurugram: RITES Ltd., a leading Transport Infrastructure Consultancy and Engineering firm under the Ministry of Railways, has announced its financial results for the fourth quarter and the full year ended March 31, 2025, showcasing operational resilience despite a dip in annual revenues.
Key Highlights
- Q4FY25 Revenue: ₹639 crore | PAT: ₹141 crore
- FY25 Revenue: ₹2,324 crore | PAT: ₹424 crore
- Final Dividend: ₹2.65 per share | Dividend Payout Ratio: 95.4%
- Record Order Book: ₹8,877 crore | Over 150 orders worth ₹1,418 crore in Q4
Quarterly Performance (Q4FY25)
In Q4FY25, Navratna public sector enterprise RITES reported a consolidated total revenue of ₹639 crore, slightly down from ₹668 crore in Q4FY24, primarily due to reduced revenue from quality assurance, a downturn in turnkey contracts, and minimal exports. However, the company delivered robust profitability with a Profit After Tax (PAT) of ₹141 crore, up by 3.4% YoY. EBITDA rose to ₹189 crore, representing a margin of 30.8%, an improvement of 6.2% YoY.
On a standalone basis, total revenue came in at ₹623 crore. The PAT for the quarter rose 9.2% YoY to ₹134 crore, while EBITDA increased 11.6% YoY to ₹162 crore, maintaining healthy margins of 27.5%.
Annual Performance (FY25)
For the full fiscal year, RITES posted a consolidated revenue of ₹2,324 crore, down from ₹2,539 crore in FY24. The decline is attributed to a sharp drop in export income and lower revenues from quality assurance and turnkey projects. PAT stood at ₹424 crore, compared to ₹495 crore in the previous year, with EBITDA at ₹527 crore and margins at 23.8%.
Despite the dip in top-line numbers, RITES maintained profitability and efficiency, reflecting its focus on high-margin projects.
Segmental Overview (Standalone)
- Consultancy Services remained the company’s strongest pillar, contributing ₹1,133 crore in revenue with an impressive margin of 36.3%. The slight decline from the previous year was mainly due to reduced QA business.
- Leasing Revenue totaled ₹150 crore, with stable margins at 35.1%.
- Turnkey Projects contributed ₹797 crore.
- Exports, which faced a significant slowdown, brought in just ₹15 crore.
A Final dividend of Rs 2.65 per equity share
In line with its shareholder-friendly approach, the Board of Directors has recommended a final dividend of ₹2.65 per share, amounting to a payout of ₹127 crore. This takes the dividend payout ratio to a high 95.4% for FY25, reinforcing the company’s commitment to rewarding investors.
Strong Order Pipeline & Outlook
RITES reported securing over 150 orders worth ₹1,418 crore during the fourth quarter alone, pushing its order book to an all-time high of ₹8,877 crore as of March 31, 2025.
Mr. Rahul Mithal, Chairman and Managing Director, expressed confidence in the company’s trajectory, stating, “Concerted efforts this quarter in execution of high-margin projects has helped us achieve our objective of coming as close as possible to our previous financial year’s performance, in line with our business strategy. With an all-time high order book and maintaining the trend of ‘one order a day’, we have built a strong platform for the year ahead, aiming for appreciable growth in our revenue.”
About RITES
Rail India Technical and Economic Service 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.
