RITES Limited delivered robust financial results for the quarter and year ended March 31, 2026. The company achieved a 27.7% YoY revenue growth in Q4FY26 and reported its highest-ever order book of ₹9,416 crore. With a recommended final dividend of ₹2.75 per share, the company maintains its commitment to investor value while continuing to secure significant infrastructure projects and expanding its footprint through strategic international and domestic orders.
Financial Highlights of Q4 and FY26
For the fourth quarter of FY2026, RITES reported a consolidated revenue growth of 27.7% (YoY), with an EBITDA of ₹172 crore and a healthy margin of 22.4%. For the full financial year, the company demonstrated steady growth across its operational segments, excluding turnkey projects. The standalone Net Worth continues its upward trajectory, reaching ₹2,564 crore, while Earnings Per Share (EPS) for the year stood at ₹8.3.
Segmental Performance and Order Book
The company’s consultancy and leasing segments have seen consistent growth, driven by improved execution and utilization. Notably, the export segment experienced a significant surge, bolstered by the successful completion of the supply of 10 locomotives to Mozambique during the fiscal year. RITES continues to be a ‘one order a day’ company, adding over ₹950 crore in new orders during Q4FY26 alone, bringing the total order book to a record ₹9,416 crore.
Strategic Milestones and Awards
The fiscal year was marked by significant recognition, including the Assocham Achiever’s Award 2026 for the Udhampur-Srinagar-Baramulla Rail Link project and the EPC World Award 2026 for contributions to the Ahmedabad Metro-Phase II. Additionally, RITES entered into a strategic Memorandum of Understanding (MoU) with the Steel Authority of India (SAIL), further diversifying its service offerings in loco lease and maintenance.
Shareholder Returns
Reinforcing its commitment to shareholders, the Board of Directors has recommended a final dividend of ₹2.75 per share for FY26. This, coupled with interim payouts, reflects a total dividend payout ratio of 95.4%, highlighting the company’s strong cash generation and disciplined capital allocation policy.
Source: BSE