RITES reports FY26 revenue of ₹2525 crore and PAT of ₹454 crore

Yash Agarwal — Tue, 19 May 2026 13:29:37 +0000

RITES Ltd., a prominent Transport Infrastructure Consultancy and Engineering firm, has reported its financial results for the fiscal year ending March 31, 2026. The company achieved a consolidated revenue of ₹2525 crore and a Profit After Tax (PAT) of ₹454 crore for FY26. The results reflect a robust performance with significant contributions from consultancy and export segments.

For the fourth quarter of FY26, RITES recorded a consolidated operating revenue of ₹768 crore, marking a 27.6% increase from the previous year. The EBITDA for the quarter stood at ₹172 crore with a margin of 22.4%, while the PAT was ₹139 crore, reflecting a margin of 17.4%.

The company’s annual consolidated operating revenue reached ₹2415 crore, up from ₹2196 crore in FY25. The EBITDA increased by 7.7% to ₹568 crore, with a margin of 23.5%. The PAT also saw a 7.3% increase, reaching ₹454 crore with a margin of 18.0%. The growth was driven by the revival of export business earnings, especially through the supply of locomotives to CFM Mozambique.

RITES’ order book reached an all-time high of ₹9416 crore as of March 31, 2026, with more than 120 orders secured in the fourth quarter alone, valued at over ₹958 crore. The company declared a final dividend of ₹2.75 per share, with a total payout ratio of 95.4% for the year.

The consultancy business remained the highest revenue contributor, generating ₹334 crore with a margin of 34.2% in Q4FY26. Other segments such as leasing, turnkey, and exports also contributed significantly to the revenue.

Commenting on the results, Mr. Rahul Mithal, Chairman and Managing Director of RITES, expressed satisfaction with the company’s performance, highlighting the revival of export earnings and the strategic roadmap laid for the fiscal year.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Rahul Mithal | Business Upturn

RITES reports FY26 revenue of ₹2525 crore and PAT of ₹454 crore