RITES Limited has announced its financial results for the second quarter of FY27, reporting an operational revenue growth of 1.5%. The company highlighted an interim dividend payout of ₹1.90 per share and an order book value of ₹9,388 crore. The presentation also covers segmental performance and employee productivity, offering a comprehensive overview of the company’s recent performance.
RITES Limited Announces Q2FY27 Financial Highlights
RITES Limited has released its investor presentation detailing the financial results for the second quarter of the Financial Year 2027 (Q2FY27), which ended on September 30, 2026. The company reported a notable 1.5% increase in Operational Revenue year-on-year, with total revenue seeing a 0.7% rise. A significant highlight for investors is the declaration of an interim dividend of ₹1.90 per share by the Board of Directors, maintaining a 97% dividend payout ratio.
Key Performance Indicators for Q2FY27
The company’s order book stands strong at ₹9,388 crore as of September 30, 2026. During the quarter, RITES secured new orders totaling ₹446 crore, underscoring its continuous project acquisition momentum. The company also received the IEI Industry Excellence Award 2026 for engineering services and consultancy, and entered into Memoranda of Understanding (MoUs) with NHIDCL and MECON for specialized consultancy and infra opportunities.
Financial Performance Overview
In terms of consolidated financial performance for Q2FY27, Operating Revenue grew by 1.5% to ₹557 crore from ₹549 crore in Q2FY26, while Total Revenue increased by 0.7% to ₹583 crore from ₹579 crore. Standalone Operating Revenue saw a 1.6% increase to ₹522 crore from ₹514 crore, with Total Revenue up by 0.7% to ₹565 crore. Profits, however, showed a decline; Consolidated EBITDA decreased by 8.0% to ₹123 crore, PBT by 10.5% to ₹131 crore, and PAT by 11.0% to ₹97 crore. Standalone profits also saw a dip, with EBITDA down 6.6% to ₹93 crore, PBT down 8.5% to ₹121 crore, and PAT down 7.7% to ₹94 crore. These profit decreases are attributed to lower exports and a change in the revenue mix.
Segmental Insights
The presentation also dives into segmental revenue and profits. For Q2FY27 (Standalone), Consultancy revenue was ₹285 crore with margins at 33.0%, Lease revenue was ₹49 crore with margins at 39.5%, and Turnkey revenue stood at ₹187 crore with margins at 1.6%. Export revenue saw a significant decrease of 99.2% to ₹0 crore.
Employee Productivity and Order Book
Employee productivity metrics indicate a low attrition rate of 2.76%* for FY26. The company maintains a senior management with an average experience of over 30 years and a workforce composed of 80%+ skilled engineers. The total number of employees as of September 30, 2026, was 3111. The order book, as of the same date, was valued at ₹9,388 crore, with Turnkey projects forming the largest segment at 48%, followed by Consultancy at 29%.
Source: BSE
