New Delhi: RITES Limited on Tuesday announced its standalone and consolidated financial results for the Quarter (Q4 FY’26) and Financial Year (FY 2026-26) ended on March 31. According to the company, it has reported a 7.3 percent year-on-year increase in consolidated profit after tax (PAT) to Rs 454 crore for FY26, compared to Rs 424 crore recorded in the previous financial year. Net profit margins stood at 18 percent.
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The company’s consolidated operating revenue for FY26 stood at Rs 2,415 crore against Rs 2,196 crore in FY25, while total revenue increased to Rs 2,426 crore from Rs 2,222 crore a year ago. EBITDA for the year rose 7.7 percent to Rs 568 crore, with EBITDA margins at 23.5 percent.
The company also announced a final dividend of Rs 2.75 per share, amounting to Rs 132 crore, subject to shareholders’ approval at the ensuing Annual General Meeting. The total payout ratio for FY26 stood at 95.4 percent.
According to the company, annual growth was driven by consultancy, leasing and export businesses, particularly through the supply of all 10 cape gauge locomotives to CFM Mozambique.
For the fourth quarter of FY26, consolidated operating revenue rose 27.6 percent year-on-year to Rs 768 crore from Rs 602 crore in Q4 FY25. Total revenue during the quarter stood at Rs 799 crore against Rs 626 crore in the corresponding period last fiscal.
Quarterly EBITDA stood at Rs 172 crore with margins of 22.4 percent, while PAT came in at Rs 139 crore with margins of 17.4 percent.
On a standalone basis, operating revenue increased to Rs 737 crore in Q4FY26 from Rs 574 crore in Q4 FY25. Total standalone revenue stood at Rs 786 crore compared to Rs 610 crore in the corresponding quarter of the previous year. EBITDA and PAT stood at Rs 143 crore and Rs 136 crore, respectively.
Commenting on the results, RITES’s Chairman & Managing Director (CMD) Rahul Mithal said the company’s performance reaffirmed its focus on disciplined execution across business segments and marked the revival of export business earnings after a gap of around two years.
“With the year of business re-engineering and the subsequent year of consolidation, leading to FY25-26 as the year of growth, FY26-27 will be aimed to be the year of disruptive growth across all our streams of business,” Mithal said.
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Among the standalone business segments, consultancy remained the highest contributor with revenue of Rs 334 crore and margins of 34.2 percent in Q4 FY26. Leasing revenue stood at Rs 44 crore with margins of 37 percent, while turnkey revenue came in at Rs 169 crore with margins of 2.4 percent. Export revenue stood at Rs 190 crore with margins of 19.1 percent.
For the full fiscal year, consultancy revenue stood at Rs 1,185 crore, leasing at Rs 172 crore, turnkey at Rs 602 crore and exports at Rs 316 crore.
RITES said it secured more than 120 orders, including extensions of existing works, worth over Rs 958 crore during Q4FY26. The company’s order book reached an all-time high of Rs 9,416 crore as on March 31, 2026.
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