RailTel Corporation of India Ltd
- P/E
- 39.2x
- 52-week range
- 221.5 – 391
- ROE
- 17%
- ROCE
- 23%
- Sector
- Telecom - Services
- Industry
- Other Telecom Services
- Listed on
- NSE, BSE
About
RailTel Corporation of India Limited is an India-based information and communications technology (ICT) and neutral telecommunication (telecom) infrastructure provider, which owns a presence across nation (Pan)-India optic fiber network on right of way (ROW) along a railway track. Its operating segments include Telecom Services and Project Work Services. It provides a range of telecom services to its customers, including managed data services, leased line, virtual private network, Internet leased line, data center, tower collocation, rack and space and national long-distance (NLD) for voice carriage. The Project Work Services segment includes various projects, such as Telecom and information technology (IT) services related projects, enterprise-specific IT & information technology-enabled services (ITES) Projects and Railway Signalling Work. It also provides various passenger services, including content on demand services and wireless fidelity (Wi-Fi) across railway stations in India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Telecom Services: 9 companies →RailTel Corporation of India Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)39.2 against a typical 39.2: in line than most peers (1st = cheapest).5th of 9
- Sales growth+20% against a typical +7.1% from a year earlier.2nd of 9
- Profit growth0% against a typical +16.9% from a year earlier.4th of 5
- Share price, 3 months−22.1% against a typical −17.6%.6th of 7
Latest announcements
Exchange filings and their impact on the company.
- RailTel won a small Rs 27.4 cr 5-year DR order from Cotton Corporation of India.
RailTel Corporation of India has received a domestic work order worth Rs 27.38 crore excluding tax from The Cotton Corporation of India. The order is for setting up dedicated cloud-based disaster recovery with backup-replication for hardware and software covering Oracle EBS, e-Office, BITS, Cotbiz and Kapas Kisan applications, to be executed by 30 November 2031. The size is very small versus RailTel's FY26 revenue of Rs 4,277 crore, so it adds only modest multi-year revenue.
- RailTel won a Rs 131.9 cr 5-year system integrator order from Postal Life Insurance.
RailTel received a Letter of Acceptance on 26-Oct-2026 from the Directorate of Postal Life Insurance, Department of Posts. The order is for system integrator work for IMS for 5 years till Nov-2031, valued at Rs 131.88 crore excluding tax. Spread over five years, it adds about Rs 26 crore per year, a small incremental boost to RailTel's Rs 4,277 crore FY26 revenue base.
- RailTel posted 20% revenue growth with Rs 1 interim dividend despite a 10% Q2 profit dip on margin mix.
RailTel's board on 25 Oct 2026 approved unaudited results for the quarter and half-year ended 30 Sep 2026 and declared an interim dividend of Rs 1 per share with record date 30 Oct 2026 payable on 20 Nov 2026. Q2 revenue rose to Rs 1146 cr from Rs 951 cr a year ago and H1 revenue to Rs 2039 cr from Rs 1695 cr, while Q2 net profit fell to Rs 68.6 cr from Rs 76.1 cr. The strong project-led topline growth supports outlook, though higher project mix is pressuring margins and working capital.
- RailTel won a Rs 20 cr 6-year DC/DR IaaS order from Munitions India, a small incremental positive.
RailTel Corporation has received a Letter of Intent from Munitions India Limited to set up Data Centre and Disaster Recovery Centre on IaaS platform for its Q-Shakti project across 13 locations. The order is valued at about Rs 20.04 crore including tax, with 4 months for go-live plus 6 years of operations, extendable by 3 years, to be executed by February 2027. The win adds a small long-duration services contract to RailTel's order book but is very small compared to its annual revenue of over Rs 4,200 crore.
- RailTel won a Rs 47.4 crore Haryana LAN rate contract executable till April 2028.
RailTel received a Letter of Acceptance on 19-Oct-2026 from Haryana State Electronics Development Corporation for a rate contract for supply, installation, testing and commissioning of structured LAN at various locations in Haryana, Chandigarh and Delhi NCR. The estimated order size is Rs 47.4 crore including tax, to be executed through purchase orders issued from time to time up to 18-Apr-2028. The order is small at about 1% of annual revenue and will add modest project revenue over the next 12-18 months.
- RailTel won a small Rs 19 cr 3-year IT infrastructure order, adding ~Rs 6 cr annual revenue.
RailTel Corporation received a purchase order from Health Insurance TPA of India Ltd for IT infrastructure and cybersecurity solutions for three years until October 2029. The order is valued at about Rs 19 crore including tax and is domestic non-telecom business. The size is very small versus RailTel's FY26 revenue of Rs 4,277 crore, so it adds only modest incremental revenue over the next 12 months.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA | Stable | 17 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Feb 2026 | Reaffirmed | [ICRA]AA | — | ICRA | ₹ 2,017 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 25 Oct 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2026 and dividend, if any |
| 30 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 Apr 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 9 Mar 2026 | Dividend | To consider 2nd Interim dividend for the FY 2025-26 |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 29 Oct 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 599 | 668 | 833 | 558 | 843 | 768 | 1,308 | 744 | 951 | 913 | 1,669 | 893 |
| Expenses | 472 | 539 | 716 | 455 | 714 | 646 | 1,129 | 628 | 797 | 780 | 1,436 | 762 |
| Operating Profit | 127 | 130 | 117 | 103 | 129 | 121 | 180 | 116 | 154 | 133 | 233 | 132 |
| OPM % | 21% | 19% | 14% | 19% | 15% | 16% | 14% | 16% | 16% | 15% | 14% | 15% |
| Other Income | 2 | −4 | 31 | 2 | 5 | 12 | 32 | 18 | −2 | 1 | 8 | 9 |
| Interest | 1 | 0 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 38 | 41 | 43 | 38 | 40 | 43 | 60 | 44 | 47 | 49 | 49 | 50 |
| Profit before tax | 90 | 84 | 102 | 67 | 94 | 90 | 151 | 89 | 105 | 85 | 190 | 89 |
| Tax % | 25% | 26% | 24% | 27% | 23% | 27% | 25% | 26% | 28% | 27% | 25% | 26% |
| Net Profit | 68 | 62 | 78 | 49 | 73 | 65 | 113 | 66 | 76 | 62 | 142 | 66 |
| EPS in Rs | 2.12 | 1.94 | 2.42 | 1.52 | 2.26 | 2.03 | 3.53 | 2.06 | 2.37 | 1.94 | 4.42 | 2.05 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 22%
- 5 Years
- 26%
- 3 Years
- 30%
- TTM
- 21%
- 10 Years
- 14%
- 5 Years
- 21%
- 3 Years
- 24%
- TTM
- 16%
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 18%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 15%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| RailTel Corporation of India Ltd | ₹ 228.60 | — | 39.2x | — | 17% | — |
| Bharti Airtel | ₹ 1,890.00 | ₹ 11,79,455 Cr. | 38.2x | 7.5x | 0% | 0% |
| Vodafone Idea | ₹ 11.35 | ₹ 1,22,969 Cr. | — | — | 0% | 0% |
| Bharti Hexacom | ₹ 1,631.00 | ₹ 81,133 Cr. | 44.1x | 10.8x | 0% | 0% |
| Tata Communications | ₹ 1,665.65 | ₹ 47,670 Cr. | 45.5x | 14.6x | 0% | 0% |
| Tata Teleservices (Maharashtra) | ₹ 38.22 | ₹ 7,484 Cr. | — | — | 0% | 0% |
Management
- Sanjai Kumar
- Executive Chairman, Managing Director
- V.Rama Manohara Rao
- Chief Financial Officer, Director - Finance, Executive Director
- Jasmeet Singh Marwah
- Compliance Officer, Company Secretary
- Manoj Tandon
- Executive Director - Projects, Operation and Maintenance
- Yashpal Singh Tomar
- Executive Director - Network, Planning and Marketing
Prices are delayed and for information only. Nothing on this page is investment advice.