Key Financial Figures
Q2FY27 Consolidated Performance
- Operating revenue (excluding other income): ₹557 crore
- Total revenue: ₹583 crore
- EBITDA: ₹123 crore with margins of 22.1%
- PAT: ₹97 crore with margins of 16.7%
Q2FY27 Standalone Performance
- Operating revenue (excluding other income): ₹522 crore
- Total revenue: ₹565 crore
- EBITDA: ₹93 crore with margins of 17.9%
- PAT: ₹94 crore with margins of 16.7%
H1FY27 Consolidated Performance
- Operating revenue (excluding other income): ₹1,089 crore
- Total revenue: ₹1,144 crore
- EBITDA: ₹243 crore with margins of 22.3%
- PAT: ₹195 crore with margins of 17.0%
Segmental Performance for Q2FY27
- Consultancy business: Revenue of ₹285 crore with margins of 33.0%
- Leasing business: Revenue of ₹49 crore with margins of 39.5%
- Turnkey business: Revenue of ₹187 crore
- Export revenue: Pickup commenced in Q3 with supply of first rake of 18 coaches to Bangladesh
Dividend Declaration
- Second interim dividend of ₹1.90 per share declared
- Total dividend amount: ₹91.31 crore
- Payout ratio: 97%
- Record date for payment: November 11, 2026
Order Book
- Order book as of September 30, 2026: ₹9,388 crore
- Secured over 130 orders (including extensions) worth more than ₹446 crore in Q2FY27
Management Commentary
Rahul Mithal, Chairman and Managing Director, commented that performance in Q2 was muted with certain planned revenue milestones sliding into Q3, but the company remains focused on achieving annual targets. Growth prospects are positive due to visibility of fresh orders and planned execution of the current order book.
Company Background
RITES Limited is a Navratna Public Sector Enterprise in transport consultancy and engineering, with over 50 years of experience and projects in over 55 countries.
Disclaimer
The press release contains forward-looking statements subject to risks and uncertainties, and actual results may differ.