RITES shares in focus after Q4 net profit declines; revenue jumps 27% YoY

Shares of RITES will be in focus heading into Wednesday's trade after it reported a consolidated net profit of Rs 139 crore for the quarter ended March 2026, down 1.4% year-on-year from Rs 141 crore in the same period last year.

Revenue from operations, however, rose sharply by 27% to Rs 768 crore in Q4FY26 from Rs 602 crore in the corresponding quarter of the previous financial year. EBITDA for the quarter came in at Rs 172 crore, while EBITDA margins stood at 22.4%.
The state-run railway company’s board recommended a final dividend of Rs 2.75 per share on 48,06,03,774 equity shares for FY26, subject to shareholder approval at the upcoming 52nd Annual General Meeting. The company said the dividend would be paid within 30 days of declaration. The payout ratio for the year stood at 95.4%.


For the full financial year FY26, RITES posted operating revenue of Rs 2,415 crore against Rs 2,196 crore in FY25, reflecting growth across business segments. EBITDA rose 7.7% year-on-year to Rs 568 crore, with margins remaining strong at 23.5%, indicating stable operational performance.

Profit after tax for FY26 increased 7.3% to Rs 454 crore, while net profit margins stood at 18%, underlining the company’s ability to maintain profitability alongside higher revenues.

On the order inflow front, the company secured over 120 orders, including work extensions, worth more than Rs 958 crore during Q4FY26. Its order book reached an all-time high of Rs 9,416 crore as of March 31, 2026.

Commenting on the performance, Chairman and Managing Director Rahul Mithal said the results were in line with the roadmap laid out for FY25-26 and reflected the company’s focus on disciplined execution across segments. He also noted that the year marked the revival of export business earnings after a gap of nearly two years.

Speaking on the outlook, Mithal said that after a phase of business re-engineering followed by consolidation, FY25-26 had emerged as a year of growth for the company. He added that FY26-27 would be targeted as a year of disruptive growth across all business verticals.

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