RITES Q4 Results: Cons PAT down 1.4% YoY to Rs. 131 crore, revenue up 27%

RITES in the March-ended quarter posted Rs. 139 crore as against a consolidated net profit of Rs. 141 crore, showing a decline of 1.4%. The state-run railway company’s revenue from operations in Q4FY26 was Rs. 602 crore against 27% to Rs. 768 crores.

The board of the company has approved 48,06,03,774 equity shares for the financial year 2025-26 at Rs. recommended a final dividend of 2.75, subject to shareholders’ approval at the forthcoming 52nd Annual General Meeting (AGM). After approval, the dividend will be paid within 30 days of declaration, the company said in the filing. Total payout ratio for the year was 95.4%.

During the quarter under review, the operating income stood at Rs. 768 crore, up 27.6% year-on-year while earnings before interest, tax, depreciation and amortization (EBITDA) with a margin of 22.4% stood at Rs. 172 crores.

RITES reported a healthy financial performance for FY26, with FY25 at Rs. 2,196 crore compared to operating income increased to Rs. 2,415 crores, indicating continued growth in business execution across segments. The company’s EBITDA increased by 7.7% YoY to Rs. 568 crores, while EBITDA margin remained strong at 23.5%, indicating strong performance despite a challenging environment.

Profit after tax (PAT) for FY26 rose 7.3% to Rs. 454 crore, the net profit margin stood at an impressive 18%, highlighting the company’s ability to sustain profitability alongside revenue growth.

Order Book

The company in Q4FY26 had Rs. Received more than 120 orders (including extension of work) worth over 958 crores, bringing to March 31, 2026 Rs. 9,416 crore is an all-time high order booked.

Management Commentary

“In line with the roadmap set for FY25-26, the results reaffirm our commitment to disciplined execution across all segments with the year reviving our export business earnings after a gap of nearly 2 years,” said Rahul Mithal, Chairman and Managing Director, commenting on the results.

Outlook

On growth prospects, Mithal said that with a year of business re-engineering followed by a year of consolidation, taking FY25-26 as a year of growth, FY26-27 is targeted to be a year of disruptive growth across all streams of our business.”

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