According to latest reports, RITES reported a 1.40% decline in consolidated net profit to ₹139.35 crore for Q4 FY26, despite achieving strong revenue growth. The company's operating revenue from operations increased by 27.6% to ₹768.26 crore compared to Q4 FY25, with total revenue reaching ₹799 crore against ₹626 crore in the previous year. However, total expenses surged 42.03% YoY to ₹617.50 crore, which contributed to the profit decline. The company's EBITDA stood at ₹172 crore with margins of 22.4% and PAT margins at 17.4%, demonstrating operational resilience despite cost pressures.
As reported by Business Standard, profit before tax stood at ₹185.75 crore in Q4 FY26, representing a 4.62% decline from ₹194.75 crore recorded in Q4 FY25. The company's ability to maintain profitability despite significant expense growth demonstrates operational resilience, though the margin compression reflects increased cost pressures during the quarter. EBITDA margins of 22.4% and PAT margins of 17.4% indicate the company's focus on maintaining operational efficiency across all business segments.
According to Business Standard, the board has recommended a final dividend of ₹2.75 per equity share (27.50%) on 48,06,03,774 equity shares having a face value of ₹10 each for FY 2025-26. This dividend declaration reflects the company's commitment to returning value to shareholders despite the challenging quarterly performance. The total payout ratio for the year stands at 95.4%, demonstrating the company's strong cash generation capabilities and commitment to shareholder returns.
As per the latest results, RITES achieved double-digit sequential growth driven by an uptick in consultancy and export segments. The Consultancy business continues to provide the highest revenue at ₹334 crore with margins at 34.2% in Q4FY26, while exports reached ₹190 crore with margins of 19.1%, primarily through the supply of all 10 cape gauge locomotives to CFM Mozambique. Leasing revenue stands at ₹44 crore maintaining margins of 37.0%, and turnkey revenue at ₹169 crore with margins of 2.4%. The company secured more than 120 orders worth ₹958+ crore in Q4FY26, contributing to an all-time high order book of ₹9416 crore as on March 31st, 2026.
For the full financial year FY26, RITES reported operating revenue of ₹2415 crore against ₹2196 crore in FY25, with total revenue at ₹2426 crore compared to ₹2222 crore in the previous year. EBITDA increased by 7.7% to ₹568 crore with margins at 23.5%, while PAT grew by 7.3% to ₹454 crore with margins at 18.0%. The growth was primarily driven by consultancy, leasing, and exports, with the company achieving revenue of ₹1185 crore from consultancy, ₹172 crore from leasing, ₹602 crore from turnkey, and ₹316 crore from exports during the year.
