RITES aims to reach an order book of INR 10,000 crores by the fiscal year 2026-2027, boosted by consistent daily orders and quarterly export contracts. Despite a 9.2% increase in FY26 revenue to INR 2,426 crores, the profit after tax margin is projected to narrow due to heightened competition during the bidding process in FY27.

Elara Capital has revised its target price for RITES from ₹310 to ₹285, while maintaining a 'Buy' rating. The lowered target suggests a slight adjustment in the expected performance of the company.

RITES plans to reach a staggering order book of INR 10,000 crore by fiscal year 2027, with a focus on achieving double-digit growth. Currently, their international order book stands at INR 2,100 crore, signifying ambitious expansion plans ahead.

In the financial year 2027, RITES has achieved impressive double-digit growth in both exports and turnkey projects, demonstrating a strong performance in international markets.

RITES is looking to achieve a 20% revenue boost by FY27, primarily through increased focus and efforts in exporting their products. The strategy includes an aggressive push for global market penetration.

RITES reported a 2.3% decrease in Q4 net profit compared to last year, amounting to Rs 130 crore, but managed a significant 27.6% increase in overall revenue to Rs 768.3 crore. However, the company's EBITDA dropped by 9.2%, with profit margins slipping from 30.8% to 21.9%.

RITES' Q4 EBITDA decreased to INR 1.7 billion compared to last year, while the EBITDA margin dropped significantly from 30.8% to 21.9%.

RITES announces a proposed final dividend of Rs. 2.75 per share for the fiscal year 2026, subject to approval at the AGM. The company's standalone profits after tax for FY26 reached Rs. 400.7 crore on total income of Rs. 2,425.9 crore.

RITES Ltd will evaluate their financial results for the fiscal year 2025-26, along with potential recommendations for a final dividend, at a board meeting on May 19, 2026. The trading window remains closed until 48 hours following the meeting's conclusion.

RITES Ltd has been awarded an upgraded Letter of Award worth approximately INR 118.9 crore for engineering and consultancy services at NALCO's Utkal D Coal Mines, marking a significant increase from the initial INR 79.7 crore contract. This new agreement includes GST and RITES fees.

RITES has updated the value of their contract with NALCO, increasing it to INR 118.9 crore following an agreement amendment.