RailTel Corporation Rises Over 3% On Rs 28.29 Crore Order Win; What Investors Should Know
Shares of RailTel Corporation surged 3.5% in morning trade on Monday after the company secured a work order worth Rs 28.29 crore
Shares of RailTel Corporation surged 3.5% in morning trade on Monday, March 10, after the company secured a work order worth Rs 28.29 crore from Northern Railway. The order involves indoor and outdoor double distant signaling work, to be completed by September 6, 2026.
The company’s board of directors will meet on March 12, 2025, to consider declaring the second interim dividend for the Financial Year 2024-25 and set the record date for eligible shareholders.
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Last week, RailTel received additional orders, including a project worth Rs 262.34 crore from the State Transport Authority of Odisha for upgrading its Command Control Centre and implementing the Intelligent Enforcement Management System (IEMS). Other orders include Rs 19.09 crore from the Border Security Force and Rs 47.5 crore from East Central Railway.
For Q3 FY2024, RailTel posted a 5% YoY growth in net profit to Rs 65 crore, up from Rs 62.1 crore in the same period last year. Revenue rose 14.8% YoY to Rs 767.6 crore. Despite revenue growth, EBITDA declined 6.6% YoY to Rs 121 crore, with a margin contraction to 15.8% from 19.4% a year ago.
As of January 2025, RailTel Corporation of India Limited had an order book of Rs. 5,280 crore, indicating a robust project pipeline. This ensures steady revenue growth in the coming years, strengthening the company’s position in the railway and telecom infrastructure sectors.
The stock is down 50% from its all-time high of Rs 309.10 in July 2024 but has gained 16.5% from its 52-week low of Rs 265.30 recorded on March 3, 2025. Over the past year, the PSU stock has fallen 29%, but it has risen 7% in March after a 30.85% drop in February.
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