| Management target | Revenue FY27 |
|---|
| Revenue growth | Q2 ~1.5% YoY, H1 ~5% (analyst figures); Q2 turnkey-led, zero exports. |
|---|---|
| Margins | H1 console EBITDA 22%; red line 18-20%; no return to 25%+. |
| Order book | Turnkey ~₹4,500 Cr (cost-plus, PMC-style); 60%+ book competitive; ₹10,000 Cr target. |
| Demand visibility | Order inflow ~1 order/day; ~70% of fresh inflow competitive. |
| Management confidence | Defensive-optimistic: reiterates guidance despite muted Q2, few specifics. |
Growth
Q2 revenue ~1.5% YoY, H1 ~5% (analyst figures, not rebutted); Q2 turnkey +~₹70 Cr, exports nil.
Outlook
Management reiterates FY27 double-digit top-line growth (unquantified), EBITDA red line 18-20%, PAT 15-16%, order book target ₹10,000 Cr.
Risks
Export slippage (Bangladesh first rake ~10-12 days late); pay-commission provision from Q4, unquantified; mix-driven margin dilution.
Earnings Call Transcript filed with NSE, NSE: RITES. Summary written with AI assistance from the document.
Rites Ltd: key numbers
- Share price
- ₹194.72
- Market cap
- ₹9,358 Cr
- Revenue (annual)
- ₹2,415 Cr
- Net profit (annual)
- ₹410.3 Cr
- P/E (TTM)
- 22.6×Sector 33.4×
- Promoter holding
- 72.20%+0.00% QoQ
- FII holding
- 3.38%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Rites Ltd
All →Rites Results Update
RITES Ltd reported Q2FY27 consolidated revenue of ₹583 crore and PAT of ₹97 crore. It also declared a ₹1.90 per share second interim dividend.
Rites Investor Presentation: Key Takeaways
Q2FY27 consolidated operating revenue ₹557cr (+1.5%); PAT ₹97cr (-11.0%) on export collapse and revenue-mix shift. Order book ₹9,388cr.
Rites Dividend
RITES Limited's board approved an interim dividend of Rs 1.90 per equity share for FY 2026-27 on 4 November 2026. Record date is 11 November 2026 and payment by 3 December 2026.
Rites Q2 FY27 Results: Net Profit ₹97.1 Cr, Down 11.0% YoY
Rites Ltd reported revenue from operations of ₹556.8 Cr (+1.5% YoY) and net profit of ₹97.1 Cr (-11.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹97.1 Cr · -11.0% YoY
Rites Bags ₹400 Cr Order from Sri Lanka Railways
RITES emerges as Lowest Bidder for Sri Lanka Railways DMU train set supply worth ₹400 Crore. Execution spans 12 months from LC opening.
- Value
- ₹400.0 Cr
- From
- Sri Lanka Railways
- Execution
- 12 months from opening of LC
Rites Business Update
RITES is the L-1 bidder for Sri Lanka Railways' broad gauge DMU train supply, estimated at Rs 400 Crore. Award remains subject to Sri Lanka Railways' scrutiny and evaluation.
- Value
- ₹400.0 Cr
- From
- Sri Lanka Railways
- Execution
- 12 months from opening of LC