New Delhi: RITES Limited has reported a strong performance for the quarter and financial year ended March 31, 2026, posting double-digit growth across key financial indicators, supported by higher consultancy, leasing, and export revenues.
The company’s board approved the audited standalone and consolidated results along with a final dividend for FY26.
Strong Q4 FY26 Performance Driven by Broad-Based Growth
RITES delivered robust consolidated results in Q4 FY26:
- Operating revenue: ₹768 crore (up 27.6% YoY)
- Total revenue: ₹799 crore
- EBITDA: ₹172 crore (margin 22.4%)
- Net profit (PAT): ₹139 crore (margin 17.4%)
The growth was supported by improved execution in consultancy, leasing, and export segments.
Read also: RITES Appoints Rakesh Kumar Gupta as Chief Strategy Officer to Strengthen Growth and Expansion
FY26 Financial Results Show Steady Annual Growth
For the full financial year FY26, the company reported:
- Revenue: ₹2,415 crore (vs ₹2,196 crore in FY25)
- EBITDA: ₹568 crore (up 7.7%)
- PAT: ₹454 crore (up 7.3%)
- EBITDA margin: 23.5%
- PAT margin: 18%
The company noted that export revival, including locomotive supply to CFM Mozambique, contributed significantly to annual growth.
Record Order Book at ₹9,416 Crore
RITES Limited secured more than 120 orders worth over ₹958 crore in Q4 FY26, including extensions of existing projects.
As a result, the company’s order book reached an all-time high of ₹9,416 crore as of March 31, 2026, ensuring strong revenue visibility for upcoming quarters.
Strong Segmental Performance Across Businesses
Standalone segment performance remained healthy:
- Consultancy revenue: ₹334 crore (Q4 FY26)
- Leasing revenue: ₹44 crore
- Turnkey revenue: ₹169 crore
- Export revenue: ₹190 crore
Consultancy continued to be the largest contributor, while leasing maintained high margins and exports showed strong recovery.
Dividend Announcement for Shareholders
The board has recommended a final dividend of ₹2.75 per share, amounting to approximately ₹132 crore, subject to shareholder approval at the Annual General Meeting.
The total payout ratio for FY26 stood at an impressive 95.4%, reflecting strong cash generation.
Management Outlook: Focus on Disruptive Growth
RITES Chairman and Managing Director Rahul Mithal said FY26 marks a transition toward strong growth momentum after a phase of business consolidation and export revival.
He indicated that FY26–27 will focus on “disruptive growth” across all business verticals, including consultancy, leasing, and exports.
About RITES Limited
RITES Limited is a leading Public Sector Undertaking (PSU) under the Ministry of Railways, Government of India. It specializes in transport infrastructure, offering services in railway engineering, rolling stock export, project management, and consultancy across more than 50 countries. Known for its expertise in turnkey solutions, RITES plays a key role in promoting India’s rail technology and infrastructure capabilities worldwide.
Read also: RITES Wins ASSOCHAM Achiever’s Award 2026 for Excellence in USBRL Bridge Engineering
