RITES Q4 Results: Cons PAT Declines 1.4% YoY to Rs 131 Crore Despite 27% Revenue Growth
RITES Limited has reported a consolidated net profit of Rs 139 crore for the quarter ending March 2026, a slight decrease of 1.4% compared to Rs 141 crore in the same period last year. Despite this dip in net profit, the state-run railway company showcased a significant growth in revenue from operations, which surged by 27% to Rs 768 crore from Rs 602 crore year-on-year. This increase is indicative of the company’s robust operational performance, even as profit margins faced pressure. Additionally, the board has proposed a final dividend of Rs 2.75 per share, contingent upon shareholder approval during the upcoming 52nd Annual General Meeting, reflecting a total payout ratio of 95.4% for the fiscal year 2025-26.
For the full financial year 2025-26, RITES demonstrated strong financial health, with operating revenue escalating to Rs 2,415 crore, marking an increase from Rs 2,196 crore in the previous fiscal year. The company’s Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) further displayed resilience, growing by 7.7% year-on-year to Rs 568 crore, with EBITDA margins holding firm at 23.5%. This strong performance is underscored by a Profit After Tax (PAT) increase of 7.3% to Rs 454 crore, solidifying the company’s position with a net profit margin of 18% amid evolving market challenges.
RITES’ order book has reached an unprecedented high of Rs 9,416 crore as of March 31, 2026, following the successful acquisition of over 120 orders valued at more than Rs 958 crore in Q4FY26. Management expressed optimism about the future, with Chairman and Managing Director Rahul Mithal highlighting the return of export business earnings after a two-year hiatus. As the company transitions from a phase of re-engineering and consolidation to one of disruptive growth in FY26-27, stakeholders may anticipate strategic moves aimed at enhancing RITES’ market presence across all operational segments.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova team.)