Arthneeti
Latest: Rites Ltd Q1 FY27 results →All Q3 FY26 results →
R

Rites Ltd

Q3 FY26Construction

Rites Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Price₹218
Market cap₹10.6K Cr
P/E25.5
Updated23 Aug 2026
Read3 min read

Rites Ltd Q3 FY26 key numbers

Revenue
Export order book at INR ~1,900 crores with 2-3 years execution timeline, revenue expected to ramp up in FY27.

As stated in Rites Ltd's Q3 FY26 earnings call transcript · published 5 Jul 2026. Reported figures, not investment advice.

The short version

FY27 is expected to be a year of disruptive growth with double-digit top-line growth over FY26. FY26 Q3 showed steady, focused growth with sequential operating revenue and EBITDA growth of about 10%.

From Rites Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY27 is expected to be a year of disruptive growth with double-digit top-line growth over FY26.
  • Sequential quarterly growth anticipated from Q4 FY26 onwards in turnkey and export segments.
  • Export order book at INR ~1,900 crores with 2-3 years execution timeline, revenue expected to ramp up in FY27.
  • Turnkey segment showing sequential growth; Q4 FY26 expected to be at least 10% higher than Q3.
  • Consultancy and export combined targeted to contribute around 70% of revenue.
  • Quality Assurance (QA) business recovering to pre-competition levels with double-digit growth expected next year.

2 more points from Rites Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Rites Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Focus is on execution of existing large order book (~INR 9,262 crore) across consultancy, turnkey, export, and leasing segments.
  • Emphasis on revenue growth through order execution rather than capital investment.
  • Highlight on operational strategy includes maintaining healthy EBITDA margins (~20%) and leveraging competitive orders.
  • Significant investment is indicated in enhancing consultancy and export businesses, including international markets, but mainly through business development and order inflow rather than direct capital expenditure.

2 more points from Rites Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Construction

Ranked on what management guided this quarter

Guidance-ranked
1Dilip Buildcon Ltd
Rev 1Mar 3
2Solarworld Ene.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Rites Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of Q3 FY26, RITES Limited has an all-time high order book of INR 9,262 crore.
  • The order book breakup includes:
  • Consultancy: INR 2,750 crore
  • Export: INR 1,700 crore (plus an additional INR 180 crore order received in January)
  • Turnkey: INR 4,500 crore
  • The international business (RITES Videsh) order book is INR 2,150 crore, including export orders.
  • The export order book is expected to execute over 2-3 years, with margins stabilizing at 12-13%.
  • Turnkey order book of INR 4,500 crore is approximately one year old; execution is picking up with expected double-digit sequential growth from Q4 FY26 onwards.

2 more points from Rites Ltd's call on order book

Create a free account to keep reading this call

Rites Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹768 Cr, net profit ₹139 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Rites Ltd's management said in earlier quarters

Others in Construction this season

  • Deepak Builders & Engineers India Ltd (Q3 FY26)

    The provided pages of the document do not contain any revenue, sales, or volume figures for the quarter, nor do they provide any year-on-year change…

  • GK Energy Ltd (Q3 FY26)

    Q3 FY26 Revenue from Operations (Standalone): ₹460.20 Crores, up 43.64% YoY from ₹320.38 Crores in Q3 FY25 (Page 21). Key investor presentation takeaways from G

  • MBL Infrastructure Ltd (Q3 FY26)

    MBL is pre-qualified for the ‘User Fee Collection’ tender of NHAI with a net worth of ₹1,244 crores (FY24). Key investor presentation takeaways from MBL Infrast

  • RPP Infra Projects Ltd (Q3 FY26)

    Revenue for Q3 25-26:** ₹316.79 crores (Page 7) . Key investor presentation takeaways from RPP Infra Projects Ltd's Q3 FY26 investor presentation — and how it r

Compare:vs Larsen & Toubrovs Rail Vikas Nigam Ltdvs Kalpataru Projects International Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Rites Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Rites Ltd Q3 FY26 results?

FY27 is expected to be a year of disruptive growth with double-digit top-line growth over FY26. FY26 Q3 showed steady, focused growth with sequential operating revenue and EBITDA growth of about 10%.

What is Rites Ltd share price analysis?

Rites Ltd currently shows a neutral. The stock trades at a P/E of 25.4 with a market cap of ₹10,624 Cr. Investors should review the full earnings analysis for detailed insights.

Keep Rites Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.