Rites Ltd
Rites Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY27 expected to show definite growth across all three revenue streams: consultancy, turnkey, and exports. RITES aims to break its all-time high revenue record in FY27, building on the strong foundation laid in FY26.
From Rites Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY27 expected to show definite growth across all three revenue streams: consultancy, turnkey, and exports.
- Young order book of INR 9,400+ crore, with over 50% being 12-18 months old, set to generate revenue this year.
- Turnkey projects (INR 4,580 crore order book) mostly in early stages; revenue expected to rise substantially from these in the current year.
- Export order book around INR 1,700+ crore, with increased execution expected, particularly from the Bangladesh rolling stock order.
- Consultancy revenue to grow, driven by 700+ live projects and healthy inflow of fresh orders across railways, highways, ports, bridges, airports, and renewable energy.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Rites Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- No specific mention of current or future capital expenditure (capex) or strategic investment plans was made during the Q4 FY26 earnings call.
- The company highlighted continued order inflows, with a strong and young order book of INR 9,416 crore supporting growth.
- Focus is on execution of existing consultancy, turnkey, and export projects rather than on new capital investments.
- Emphasis is on maintaining margins by balancing high-margin consultancy and turnkey projects.
- REMC Ltd, a subsidiary, is diversifying into renewable energy consultancy and international markets to drive growth.
2 more points management made on capital expenditure plans
Top-ranked in Construction
Ranked on what management guided this quarter
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
- The current order book stands at approximately INR 9,400 crore as of March 31, 2026.
- More than 50% of the order book is "young," about 12 to 18 months old, indicating upcoming revenue generation in FY27.
- Turnkey order book is around INR 4,580 crore, with roughly two-thirds being recent orders that will start yielding revenue in the next 1-2 years.
- Export order book is at an all-time high, approximately INR 1,700+ crore, with continued revenue expected from Bangladesh and other international projects.
- The export order execution was INR 300 crore in FY26, expected to grow in FY27 with commencement of deliveries like the Bangladesh coaches.
2 more points management made on order book & pipeline
Rites Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: 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's management said in earlier quarters
Others in Construction this season
- Goel Construction Company Ltd (Q4 FY26)
Revenue for FY 2026: ₹657.3 Crores, an 11% year-on-year increase. Key concall takeaways from Goel Construction Company Ltd's Q4 FY26 earnings call — and how it…
- Central Mine Planning & Design Institute Ltd (Q4 FY26)
826.88 Crores (Q4 25-26) vs Rs. Key concall takeaways from Central Mine Planning & Design Institute Ltd's Q4 FY26 earnings call — and how it ranks against…
- Likhitha Infrastructure Ltd (Q4 FY26)
120.69 Cr . Key concall takeaways from Likhitha Infrastructure Ltd's Q4 FY26 earnings call — and how it ranks against sector peers.
- B.L.Kashyap & Sons Ltd (Q4 FY26)
Q4 FY 25-26 Revenue from Operation (Consolidated):** ₹363.71 Crores . Key concall takeaways from B.L.Kashyap & Sons Ltd's Q4 FY26 earnings call — and how it…
Frequently Asked Questions
What were Rites Ltd Q4 FY26 results?
FY27 expected to show definite growth across all three revenue streams: consultancy, turnkey, and exports. RITES aims to break its all-time high revenue record in FY27, building on the strong foundation laid in FY26.
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.
Is Rites Ltd planning capital expenditure?
No specific mention of current or future capital expenditure (capex) or strategic investment plans was made during the Q4 FY26 earnings call.
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.