RITES Share Price Fell ~3% After Release of Q1FY26 Results: Posted Growth in Revenue and PAT

On Aug 7, 2025, RITES share price fell ~3%, reaching a day low of 248.50 at 1:15 PM after opening at 254.45 on BSE. The fall in RITES share price follows the release of Q1FY26 results along with an interim dividend.

RITES Q1FY26 Earnings Highlights

RITES Limited reported a consolidated operating revenue (excluding other income) of ₹490 crore in Q1 FY26, marking a marginal year-on-year growth of 0.8% compared to ₹486 crore in Q1 FY25. Total revenue for the quarter stood at ₹512 crore, up slightly from ₹508 crore in the corresponding period last year.

EBITDA for the quarter came in at ₹117 crore, while Profit After Tax (PAT) stood at ₹91 crore. The EBITDA and PAT margins improved to 23.8% and 17.8% respectively, reflecting a year-on-year increase of 7.9% and 0.5%. This consistent performance is underpinned by enhanced execution capabilities in key consultancy assignments and a strengthened leasing portfolio with an expanded fleet of locomotives.

Segment-Wise Highlights

Consultancy Services

The consultancy segment remained the top revenue contributor, generating ₹262 crore with a strong margin of 32.2%. The growth in this segment is driven by improved execution and timely delivery of critical projects.

Leasing Business

Leasing income stood at ₹43 crore, backed by a fleet of 88 locomotives, and maintained robust margins of 38.4%.

Turnkey Projects & Exports

Revenue from turnkey operations totaled ₹148 crore. Export activities have commenced in Q2 FY26, and are expected to contribute positively to the coming quarters.

RITES Order Book Update

During Q1 FY26, RITES secured over 150 new orders and extensions valued at more than ₹451 crore. As a result, the company’s total order book reached ₹8,790 crore as of June 30, 2025, reinforcing its strong project pipeline and future revenue visibility.

Also Read: IRCON Shares Slide as Q1 FY26 Profit Falls 27%; ₹20,973 Cr Order Book Remains a Key Positive

Commenting on the results, Mr. Rahul Mithal, Chairman and Managing Director, RITES Limited, said, “The results have been flat, underscoring the need for expeditious execution, with our Order Book being young; having secured about 300 orders totalling to ₹3500 crore in the last 2 quarters of FY25.” On the growth prospects, Mr. Mithal said, “While maintaining the trend of now more than 1 order a day, concerted efforts will be made for steady sequential growth, aiming for a substantial improvement over last year.”

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