Rites Credit Rating
RITES secured a CARE AAA rating for its Rs. 3,555 Crore bank facilities. The stable outlook reflects its strong GoI linkage and diversified order book.
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RITES secured a CARE AAA rating for its Rs. 3,555 Crore bank facilities. The stable outlook reflects its strong GoI linkage and diversified order book.
RITES secured a project management consultancy order from BBAU. The contract is valued at Rs.175.41 Crore with a 30-month execution period.
RITES and CONCOR signed an MoU for logistics infrastructure consultancy. The partnership focuses on Project Management Consultancy services for CONCOR's terminals.
RITES Ltd had its credit ratings reaffirmed by Infomerics Valuation and Rating Ltd. Ratings cover bank facilities totaling ₹3,555 Crore.
RITES Limited secured a Rs. 28.8 Crore contract enhancement from NUPPL. The agreement involves railway siding maintenance and locomotive leasing for 48 months.
RITES Ltd secured an order enhancement from NUPPL. The contract value increased to ₹148.93 Crore for railway siding maintenance and locomotive hiring.
RITES Ltd’s board approved formation and capital investment in a joint venture with NICC Infrastructure Construction LLC in UAE. The filing is disclosed under SEBI Regulation 30.
RITES Limited clarified that significant share volume movement is market-driven. The company confirmed no undisclosed price-sensitive information exists, ensuring transparency for investors.
RITES Limited appointed Shri Atul Singh as a Government Nominee Director effective May 29, 2026. This appointment ensures regulatory compliance and continued government representation on the board.
RITES Limited filed its Annual Secretarial Compliance Report for the financial year 2025-26. The report notes historical board composition deviations common to government-owned entities.
RITES Limited appointed Shri Atul Singh as a Government Nominee Director. He brings over 30 years of Indian Railways experience to the company's board.
RITES Ltd signed an MoU with Crisil Limited to offer data-driven infrastructure solutions. The partnership combines RITES' engineering expertise with Crisil's analytical capabilities for global projects.
RITES Limited reports Q4 FY26 revenue of INR 750+ crore and highest-ever order book of INR 9,416 crore, signaling strong execution and strategic shift toward growth.
RITES Ltd reported Q4FY26 consolidated revenue growth of 27.7% YoY with 22.4% EBITDA margins. Management highlights highest-ever order book of ₹9416 crore and consistent export traction.
RITES reported FY26 revenue of ₹2525 Crore and PAT of ₹454 Crore. The Board recommended a final dividend of ₹2.75 per share for shareholders.
RITES Limited recommended a final dividend of ₹2.75 per equity share for FY 2025-26. The record date and AGM details will be announced later.
Rites Ltd reported revenue from operations of ₹768.3 Cr (+27.6% YoY) and net profit of ₹139.3 Cr (-1.4% YoY) for Q4 FY26.
RITES Limited reported FY26 consolidated total income of ₹2,524.57 Crore and recommended a final dividend of ₹132.17 Crore. The board also approved standalone results.
RITES Limited appointed Rakesh Kumar Gupta as Chief Strategy Officer effective May 18, 2026. Gupta brings 24 years of experience in corporate finance and strategic operations.
RITES Limited appointed Shri Rakesh Kumar Gupta as Chief Strategy Officer and COO of RITES EXPOCON. This leadership addition strengthens the company's strategic and operational management.
Shri Manish Tiwari has ceased to be part of RITES Limited's senior management following his transfer to subsidiary REMCL. This leadership change became effective May 14, 2026.
RITES Limited opened a new Representative Office in the Philippines to drive Southeast Asian business development. This strategic move strengthens the company's international presence and growth prospects.
RITES Limited has redesignated Mr. Navneet Kumar as Regional Head/NRPO, effective May 5, 2026. Previously serving as GM (ES&T), he continues as a member of the Senior Management Personnel. This internal leadership transition aligns with the company's regional operational strategy.
RITES Limited reorganized its BPA Vertical into Building and AP (Airports and Ports) Verticals. Shri Anoop Sharma became Head of the new AP Vertical, while Shri Navneet Kumar was appointed Regional Head/NRPO and included in Senior Management effective May 05, 2026. Shri Pankaj Chaudhary continues as Vertical Head for the reconstituted Building Vertical.
Mr. Vinod Kumar has ceased to be a Nominee Director of RITES Limited effective May 4, 2026. His cessation follows his relinquishment from the Railway Board to join the Department of Defence as Joint Secretary. This is a routine administrative change in the board's composition.
Shri Vinod Kumar (DIN: 03278897) has ceased to be the Government Nominee Director of RITES Limited effective May 4, 2026. This follows his relinquishment from the Railway Board to join the Department of Defence as Joint Secretary. The company has provided an updated list of its seven-member Board of Directors.
RITES Limited confirmed it does not fall under the Large Corporate category for FY 2025-26. The company reported zero incremental borrowing and no mandatory debt issuance requirements under the SEBI framework. This disclosure is a routine regulatory requirement regarding debt-market borrowing norms.
RITES Limited submitted its initial disclosure for FY 2026-27, confirming it does not meet the criteria for a 'Large Corporate' as per SEBI regulations. The company reported zero outstanding long-term borrowings as of March 31, 2026. This filing is a routine regulatory compliance matter and has no direct material impact on operations.
RITES Limited has scheduled a board meeting on May 19, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 2026. The board will also consider a final dividend proposal. The trading window for designated persons remains closed from April 1 until May 21, 2026.
RITES Limited has scheduled a Board Meeting on May 19, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend for FY 2025-26. The company's trading window remains closed until 48 hours after the meeting outcome.