Q4 2026 RITES Ltd Earnings Call Transcript
Key Points
- RITES Ltd (NSE:RITES) achieved a double-digit growth in revenue and profit, aligning with their strategic roadmap.
- The company reported the highest ever order book of INR 9,416 crores as of March 31, 2026.
- Export income reached INR 300 crores after a gap of nearly two years, marking a significant milestone.
- The company maintained a steady order inflow rate, with one order a day and one export order per quarter.
- RITES Ltd (NSE:RITES) is confident about substantial growth in the upcoming fiscal year due to a young order book and ongoing projects.
- Margins are expected to decline as new competitive orders, which have lower margins, start generating revenue.
- Turnkey projects have lower profit margins due to the large order size and accounting methods.
- The company faces potential risks related to travel costs, which could impact margins.
- Other expenses increased due to logistics and warranty provisions related to export orders.
- Despite aiming for record revenue, the company does not expect to break all-time high profit records in the current fiscal year.
Good morning, ladies and gentlemen. I'm Karthikeyan, moderator for this conference. Welcome to the conference call of RITES Limited to discuss its Q4 FY26 and FY26 results. We have with us today Mr. Rahul Mithal, Chairman and Managing Director; Dr. Deepak Tripathi, Director Technical; Mr. Krishna Gopal Agarwal, Director, Finance and Chief Financial Officer; and Mr. Prem Singh Meena, Director of Projects.
(Operator Instructions) Please note this conference is being recorded. (Operator Instructions)
Now I would like to hand over the floor to Mr. Rahul Mithal, Chairman and Managing Director, RITES Limited. Thank you, and over to you, sir.
Good morning. Thank you. Let me start with giving the safe harbor statement. The presentation and the press release, which we uploaded on our website and exchanges yesterday and discussions during the call today may have some forward-looking statements. These statements consider the environment we see as of today and
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