Financial Performance (Q1FY27)
Consolidated Results
- Operating Revenue (excluding other income): ₹532 crore, up 8.6% from ₹490 crore in Q1FY26
- Total Revenue: ₹561 crore, up from ₹512 crore in Q1FY26
- EBITDA: ₹119 crore with margins of 22.4%
- PAT: ₹98 crore with margins of 17.4%
Standalone Results
- Operating Revenue (excluding other income): ₹498 crore, up from ₹456 crore in Q1FY26
- Total Revenue: ₹525 crore, up from ₹476 crore in Q1FY26
- EBITDA: ₹85 crore with margins of 17.2% (compared to ₹84 crore in Q1FY26)
- PAT: ₹72 crore with margins of 13.7% (compared to ₹67 crore in Q1FY26)
Segmental Performance (Standalone)
- Consultancy Business: Revenue of ₹272 crore with margins of 31.4%
- Leasing Business: Revenue of ₹49 crore with margins of 38.1%
- Turnkey Business: Revenue of ₹176 crore
- Export revenue pick-up expected from next quarter onwards
Dividend Declaration
- Interim dividend declared: ₹1.4 per share
- Total dividend amount: ₹67.28 crore
- Payout Ratio: 93.7%
- Record Date: August 10, 2026
Order Book Update
- Secured 120+ orders (including extensions) worth ₹674+ crore in Q1FY27
- All-time high order book: ₹9,445 crore as of June 30, 2026
Management Commentary
Chairman and Managing Director Mr. Rahul Mithal stated: "We are on track on the roadmap set by us for the growth targets for FY27." Regarding outlook, he added: "As we aim to reach the growth targets set by us, the key focus for this FY is to identify solutions interfacing cutting-edge technology to enable best-in-class delivery."
Company Background
RITES Limited is a Navratna Public Sector Enterprise in transport consultancy and engineering with over 5 decades of experience and projects in over 55 countries across Asia, Africa, Latin America, South America, and Middle East region.
Disclaimer
The press release contains forward-looking statements subject to risks including economic changes, tax laws, inflation, and litigation. Actual results may differ substantially.