Conference Call with Rites Ltd. Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Construction & Engineering company Rites announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported revenue of Rs 532.20 crore for Q1FY27, reflecting a YoY growth of 8.68% from Rs 489.70 crore in Q1FY26. On a QoQ basis, revenue declined by 30.73% compared to Rs 768.26 crore in Q4FY26. Total Income: For Q1FY27, total income stood at Rs 560.68 crore, an increase of 9.58% YoY from Rs 511.68 crore in Q1FY26. It saw a QoQ decrease of 29.85% from Rs 799.21 crore in Q4FY26. Profit Before Tax (PBT): Consolidated PBT was Rs 130.56 crore in Q1FY27, representing a YoY increase of 7.38% from Rs 121.59 crore in Q1FY26. On a QoQ basis, PBT declined by 29.71% from Rs 185.75 crore in Q4FY26. Profit After Tax (PAT): The company achieved a PAT of Rs 97.78 crore in Q1FY27, marking a YoY growth of 7.58% from Rs 90.89 crore in Q1FY26. QoQ, PAT decreased by 29.83% from Rs 139.35 crore in Q4FY26. Total Comprehensive Income: Total comprehensive income for Q1FY27 was Rs 99.80 crore, up 9.13% YoY from Rs 91.45 crore in Q1FY26, but down 29.58% QoQ from Rs 141.73 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 was Rs 1.81, compared to Rs 1.67 in Q1FY26 and Rs 2.70 in Q4FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 stood at Rs 497.99 crore, showing a YoY growth of 9.28% from Rs 455.69 crore in Q1FY26. QoQ, revenue decreased by 32.44% from Rs 737.08 crore in Q4FY26. Total Income: Total income for Q1FY27 was Rs 524.75 crore, up 10.27% YoY from Rs 475.87 crore in Q1FY26. On a QoQ basis, it fell by 33.22% from Rs 785.81 crore in Q4FY26. Profit After Tax (PAT): Standalone PAT for Q1FY27 was Rs 71.80 crore, recording a YoY growth of 7.73% compared to Rs 66.65 crore in Q1FY26. QoQ, profit saw a decline of 47.31% from Rs 136.28 crore in Q4FY26. Total Comprehensive Income: Standalone total comprehensive income for Q1FY27 was Rs 73.74 crore, showing a YoY increase of 9.88% from Rs 67.11 crore in Q1FY26 and a QoQ decline of 46.82% from Rs 138.67 crore in Q4FY26. Business Highlights: Segment-wise Performance: Consultancy - Domestic: Rs 284.00 crore Consultancy - Abroad: Rs 16.00 crore Export Sale: Rs 1.03 crore Leasing - Domestic: Rs 48.73 crore Turnkey Construction Projects: Rs 176.40 crore Power Generation: Rs 6.04 crore Dividend Declaration: The Board of Directors declared the 1st interim dividend for FY27 at the rate of Rs 1.40 per share (14% of paid-up share capital). The record date for the same is fixed as August 10, 2026. Joint Venture Liquidation: The company's joint venture, Indian Railway Stations Development Corporation Limited (IRSDC), is under voluntary liquidation. The net worth of IRSDC as of June 30, 2026, was Rs 251.01 crore, with the company's 24% share amounting to Rs 60.24 crore. The company received an interim payment of Rs 47.04 crore on July 30, 2026, towards the winding up. Investment Write-off: The company's associate, MMO - Metro Management Group Ltd. (Israel), was struck off from the Register of Companies on April 11, 2026. Consequently, the company has written off the investment, which had been fully impaired in earlier years, resulting in no impact on the profit and loss statement for Q1FY27. Segment Profitability (Consolidated): The Consultancy - Domestic segment contributed the highest profit before interest and tax at Rs 109.76 crore for Q1FY27, followed by Leasing - Domestic at Rs 18.55 crore and Consultancy - Abroad at Rs 2.36 crore. Consolidated Entities: The results for Q1FY27 include two subsidiary companies (REMC Limited and RITES (Afrika) (Pty) Limited) and two jointly controlled entities (SAIL-RITES Bengal Wagon Industry Private Limited and IRSDC). Performance of the associate Elicius Energy Private Limited was not considered as it was not material. Result PDF
Conference Call with Rites Ltd. Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Construction & Engineering company Rites announced Q4FY26 & FY26 results Consolidated Financial Highlights Revenue from Operations: Consolidated revenue for Q4FY26 reached Rs 768.26 crore, registering a growth of 26.24% QoQ from Rs 608.59 crore in Q3FY26 and 27.56% YoY from Rs 602.29 crore in Q4FY25. Total Income: Total consolidated income in Q4FY26 was Rs 799.21 crore, up 25.89% QoQ from Rs 634.85 crore and 27.71% YoY from Rs 625.81 crore. Profit Before Tax: Profit before tax for Q4FY26 stood at Rs 185.75 crore, a growth of 20.58% QoQ from Rs 154.05 crore but a decline of 4.62% YoY from Rs 194.75 crore. Profit After Tax: In Q4FY26, profit after tax was Rs 139.35 crore, representing a growth of 21.07% QoQ from Rs 115.10 crore and a decline of 1.40% YoY from Rs 141.33 crore. Annual Performance: Consolidated revenue from operations for FY26 reached Rs 2,415.08 crore, showing a 9.96% increase from Rs 2,196.35 crore in FY25. Full year profit after tax was Rs 454.44 crore, up 7.27% compared to Rs 423.66 crore in FY25. Earnings Per Share (EPS): Basic and diluted consolidated EPS for FY26 was Rs 8.54 compared to Rs 8.01 in FY25. Standalone Financial Highlights Revenue from Operations: In Q4FY26, revenue stood at Rs 737.08 crore, representing a growth of 29.50% QoQ from Rs 569.18 crore in Q3FY26 and an increase of 28.52% YoY from Rs 573.53 crore in Q4FY25. Total Income: For the quarter ended March 31, 2026, total income was Rs 785.81 crore, showing a growth of 30.29% QoQ from Rs 603.10 crore and 28.91% YoY from Rs 609.57 crore. Profit Before Tax: In Q4FY26, profit before tax was Rs 176.34 crore, up 40.76% QoQ from Rs 125.28 crore but down 3.02% YoY from Rs 181.83 crore. Profit After Tax: Standalone profit after tax for Q4FY26 was Rs 136.28 crore, reflecting an increase of 42.69% QoQ from Rs 95.51 crore and a marginal growth of 1.39% YoY from Rs 134.41 crore. Annual Performance: For the full year FY26, standalone revenue from operations was Rs 2,275.74 crore, up 9.72% from Rs 2,074.21 crore in FY25. Annual profit after tax stood at Rs 400.66 crore in FY26 compared to Rs 380.22 crore in FY25. Earnings Per Share (EPS): Basic and diluted EPS for Q4FY26 stood at Rs 2.84, while for the full year FY26, it reached Rs 8.34. Business Highlights Segment Performance (Full Year FY26 Consolidated Revenue): Consultancy - Domestic: Rs 1,242.01 crore (FY25: Rs 1,147.81 crore) Consultancy - Abroad: Rs 67.73 crore (FY25: Rs 76.20 crore) Export Sale: Rs 316.25 crore (FY25: Rs 10.85 crore) Leasing - Domestic: Rs 172.07 crore (FY25: Rs 150.34 crore) Turnkey Construction Projects: Rs 602.40 crore (FY25: Rs 796.61 crore) Power Generation: Rs 14.62 crore (FY25: Rs 14.54 crore) Dividend: The Board has recommended a final dividend of Rs 2.75 per share (27.50%) for FY26. Total dividend for the year, including three interim dividends already paid (aggregating Rs 5.20 per share), stands at Rs 7.95 per share. Investment in IRSDC: The company maintains an investment of Rs 48 crore in Indian Railway Stations Development Corporation (IRSDC), which is under voluntary liquidation. Management does not perceive any impairment, as the company's share of net worth as of March 31, 2026, is estimated at Rs 59.68 crore. Metro Management Group Ltd (MMG): The investment of Rs 0.60 crore in MMG (Israel) was fully provided for as of March 31, 2026, and the entity was struck off the registrar in April 2026. Labour Codes Implementation: The company has assessed and recognised the financial impact of the implementation of the New Labour Codes in the results for FY26, noting that the impact is not material. Result PDF
Conference Call with Rites Ltd. Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Construction & Engineering company Rites announced Q2FY26 results Operating Revenue at Rs 549 crore. EBITDA at Rs 134 crore, up by 24.7%, with margins of 24.4%. PAT at Rs 109 crore, up by 32.2%, with margins of 18.8%. The Board of Directors has declared the second interim dividend of Rs 2 per share amounting Rs 96 crore. The record date for the purpose of payment of dividend is November 15, 2025. The company has secured more than 150 orders (including extension of works) worth more than Rs 851 crore in Q2FY26, thereby maintaining a highest-ever order book of Rs 9,090 crore as on September 30th, 2025. Rahul Mithal, Chairman & Managing Director, RITES, said: “Steady growth in performance, sequentially and improvement YoY, reaffirms our commitment to achieving the targets we have set for this year.” “As we continue to sustain our ‘one-order-a-day’ momentum and steady quarterly export wins, achieving an all-time high order book of Rs 9,090 crore, our focus is on expeditious execution through ‘Operation Tattva’ — ensuring time-bound, cost-efficient and qualityconscious project deliveries.” Result PDF