RITES Limited Approves FY 2025-26 Results, Recommends Final Dividend of Rs. 2.75 Per Share

RITES Limited Approves FY 2025-26 Results, Recommends Final Dividend of Rs. 2.75 Per Share​

RITES Limited announced that its Board of Directors, at a meeting held on May 19, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The Board also recommended a Final Dividend of Rs. 2.75 per share (27.50%) for the financial year 2025-26, subject to approval by the shareholders at the ensuing 52nd Annual General Meeting.

The audited results are accompanied by the Statutory Auditors' reports and a declaration of an Unmodified Opinion on the financial statements.

Key Financial Highlights (Year Ended March 31, 2026)​

The company's financial performance for the year ended March 31, 2026, showed robust figures across its operations.

Profitability and Comprehensive Income:

The Consolidated Statement of Financial Results showed that the Profit/(Loss) After Tax for the year ended March 31, 2026, was Rs. 423.66 crore. The total comprehensive income stood at Rs. 462.52 crore.

The Earnings Per Share (EPS) for the financial year ended March 31, 2026, was Rs. 8.54 (Basic and Diluted).

Segment-Wise Performance:

According to the Consolidated Segment Wise Revenue and Results statement, the total revenue from operations for the year ended March 31, 2026, was Rs. 2,415.08 crore. The total segment result (Profit/(Loss) before interest & tax) reached Rs. 635.74 crore, translating to a Profit Before Tax of Rs. 565.02 crore.

Segment contributions include:

• Turnkey Construction Projects: Rs. 602.40 crore in revenue.
• Consultancy - Domestic: Rs. 1,242.01 crore in revenue.
• Export Sale: Rs. 316.25 crore in revenue.

Balance Sheet and Cash Flow Position​

As of March 31, 2026, the total assets of RITES Limited stood at Rs. 5,925.94 crore (Consolidated). The total equity and liabilities matched this figure.

The company reported a Net Cash from Operating Activities of Rs. 327.48 crore for the year ended March 31, 2026, compared to Rs. 637.06 crore for the prior year.

Standalone Assets as of March 31, 2026:

Operational and Investment Updates​

Disposal of Investments:
The management noted that the Ministry of Railways (MoR) had decided in principle for the closure of the Indian Railway Stations Development Corporation (IRSDC), an entity in which RITES has an investment of ₹48 crore. IRSDC is currently under voluntary liquidation, and its financial statements have been prepared on a liquidation basis. The management stated that as of March 31, 2026, the net worth of IRSDC was Rs. 248.67 crores, of which 24% belongs to RITES, and therefore, the company does not perceive any impairment in its investment value.

Foreign Investment:
Regarding an investment of ₹0.60 crore in MMGMetro Management Group Ltd, incorporated in Israel, the company reported that the investment is fully provided for as of March 31, 2026. The entity was subsequently struck off from the Israeli Companies Registrar on April 11, 2026.

Regulatory Compliance:
The company also acknowledged the assessment of the financial impact arising from the implementation of the New Labour Codes. This financial impact, though not material, was recognized in the financial results for the year ended March 31, 2026.

The financial results are subject to a supplementary audit by the Comptroller and Auditor General of India.

RITES Stock Price Movement​

RITES Limited shares today slipped by 1.54% to settle at ₹204.0, reflecting a sharp decline from yesterday's close. The stock saw substantial trading interest, with a total volume of 1.88 million shares processed during the session.