RITES Ltd — FY25 Financial Performance & Outlook

Recent / Q4 FY25 Performance • Consolidated net profit in Q4 FY25 was about ₹141 crore, up ~3.4% year-on-year. • Q4 revenue dropped ~4.3% YoY to ~₹615 crore from ₹643 crore. • EBITDA for Q4 rose ~6.2% to ~₹189 crore; margin in Q4 stood at ~30.8%. Full Year FY25 vs FY24 • Annual consolidated revenue was ~₹2,324 crore, down from ~₹2,539 crore in FY24. • Annual net profit after tax fell to ~₹424 crore from ~₹495 crore in the previous year. • EBITDA margin for the year was ~23.8%. Orders & Dividend • Company closed FY25 with a record order book of ~₹8,877 crore. • In Q4 alone, it won fresh orders worth ~₹1,418 crore. • Final dividend recommended is ₹2.65 per share. Total dividend payout ratio ~95.4% of profits. Outlook & Key Trends • Focus is on exports picking up, especially in rolling stock contracts. • Turnkey and export segments had lagged in FY25; management expects them to revive in FY26. • Margin pressure from lower-revenue segments is a concern, but high-margin consultancy remains a strength.