What we do RITES Ltd provides comprehensive infrastructure consultancy and engineering services with expertise in railways, highways, metros, export of rolling stock, and sustainable transport solutions. |
Founded in 1,974 |
Market share Leader in Indian rail and transport infrastructure consultancy with growing international projects in Asia, Africa, and Latin America. |
Problem solved Facilitates efficient transport infrastructure development, quality assurance, modernization, and green mobility solutions to support sustainable urban and rural connectivity. |
Top clients or who we serve Indian Railways, state governments, public sector undertakings, international clients across 55+ countries; B2G and B2B focused. |
Key management Chairman & Managing Director: Mr. Rahul Mithal; Director (Technical): Dr. Deepak Tripathi; Director (Finance): Mr. Krishna Gopal Agarwal. |
Our journey and innovations Founded in 1974, evolved from consultancy to turnkey execution, exports locomotives, pioneered AI rail inspection (VISTAR), and expanded globally to 55 countries. |
Where we operate India, Asia, Africa, Latin America, Middle East, with offices and projects in Botswana, Mauritius, Sri Lanka, Bangladesh, Mozambique, Nepal. |
Top products or what we offer Consultancy services, turnkey construction, locomotive leasing, export of rolling stock, power generation, quality assurance, and infrastructure modernization. |
Top brands Leading turnkey projects in rail electrification, rolling stock exports to Mozambique and Sri Lanka, AI-powered rail inspection (VISTAR), key project management consultancy. |
Raw materials needed Rolling stock manufacturing requires steel and components sourced from joint venture with SAIL and other suppliers. |
Raw materials supplier Collaborates with SAIL for wagon manufacturing; other suppliers engaged for construction and equipment needs. |
Recurring vs cyclical contribution Revenue mainly recurring from consultancy and leasing; turnkey and export segments show cyclical order-based revenues. |
Our industry position A 'Navratna' central public sector enterprise, ranked high in rail consultancy with significant domestic and international footprint. |
Financial highlights FY25 consolidated revenue ₹2,323.52 Cr; PAT ₹423.66 Cr; highest order book ₹9,262 Cr; steady EBITDA and dividend payout. |
Geographical revenue split India ~91%, Asia ~0.7%, Abroad ~2.5%, Others ~0.8% of revenues as of FY25. |
Order book Robust order book of ₹9,262 crore as of Dec 2025, driven by turnkey, consultancy, and export contracts. |
Whats driving growth Infrastructure investments, export market expansions, high-margin consultancy projects, digital transformation, and government infrastructure initiatives. |
Our future plans Expand international footprint, diversify services, enhance green mobility projects, leverage AI for rail safety, and scale power generation business. |
Our green promise Energy-efficient offices, solar deployments, sustainable infrastructure consulting, and active promotion of green mobility and ESG practices. |
Our people and values 2700+ skilled professionals, low attrition, inclusive workplace with focus on diversity, continuous training and leadership development. |
Key challenges ahead Margin pressures from cyclical turnkey projects, dependency on government appointments, and global supply chain disruptions. |
Interesting facts First government certification body for rolling stock; developed AI-powered rail inspection system; maintains one order per day streak. |
Risks and strategy Mitigates risks via diversified service portfolio, strong governance, strategic partnerships, and focus on sustainable and digital solutions. |
