RITES Ltd Q4 FY26 Results

Summary

RITES Limited reported a challenging performance for the quarter and fiscal year ended March 31, 2026. Standalone revenue from operations for Q4FY26 dropped by 22.78% year-on-year to ₹569.18 crore, accompanied by a 29.91% decline in profit after tax to ₹95.51 crore. For the full fiscal year, revenue from operations decreased by 8.85% to ₹2,074.21 crore, and profit after tax fell by 5.10% to ₹380.22 crore. Despite these declines, the company managed to slightly improve its full-year EBITDA margin to 26.89%. The Board also recommended a final dividend of ₹2.75 per share for FY26, subject to shareholder approval.

Key Highlights

1. 1

   Standalone revenue from operations for Q4FY26 declined by 22.78% year-on-year to ₹569.18 crore, down from ₹737.08 crore in Q4FY25.

2. 2

   Profit after tax for Q4FY26 significantly decreased by 29.91% to ₹95.51 crore, compared to ₹136.28 crore in the corresponding quarter of the previous fiscal year.

3. 3

   For the full fiscal year 2026, standalone revenue from operations was ₹2,074.21 crore, an 8.85% decrease from ₹2,275.74 crore reported in FY25.

4. 4

   Standalone profit after tax for FY26 stood at ₹380.22 crore, representing a 5.10% decline from ₹400.66 crore in FY25.

5. 5

   The company's full-year EBITDA margin for FY26 improved to 26.89% from 25.65% in FY25, despite the overall revenue contraction.

6. 6

   The Board of Directors recommended a final dividend of ₹2.75/- per share (27.50%) for the financial year 2025-26, pending shareholder approval.

7. 7

   Management does not perceive any impairment in its ₹48 crore investment in IRSDC, which is under voluntary liquidation, with RITES' 24% share currently valued at ₹59.68 crore.