RAILTEL

RailTel Corporation of India has secured a ₹166.8 crore

RailTel Corporation of India has secured a ₹166.8 crore Infrastructure‑as‑a‑Service (IaaS) contract from the Employees’ Provident Fund Organisation (EPFO), extending its existing cloud services deal until February 9, 2027. The stock rose 3.37 % to ₹286.50 on August 19 after the announcement, reflecting investor confidence in its expanding government‑tech portfolio. 📊 Key Highlights (August 2026) 1. New Work Order from EPFO Value: ₹166.8 crore (including taxes). Scope: Extension of existing IaaS contract with additional components. Execution Timeline: Until February 9, 2027. Awarded By: Employees’ Provident Fund Organisation (EPFO). Disclosure: No related‑party interest from promoters or group companies. 2. Recent Performance & Financials Metric Q1 FY27 Q1 FY26 Change Revenue from Operations ₹893.27 crore ₹743.83 crore +20.09 % YoY Net Profit ₹65.78 crore ₹66.10 crore −0.48 % EBITDA Margin ~11 % ~10 % Slight improvement Revenue Growth Guidance: 20–25 % for FY27. Telecom Revenue Growth: 7–8 %. Project Business Growth: 40–50 % annually. Revenue Mix Shift: From 60:40 (projects vs telecom) to 70:30 — may pressure overall margins. 🏗️ Strategic Initiatives Kavach Railway Safety System: Revenue recognition begins FY27; higher margins than standard project work (4–5 %). Data Centre Expansion: Targeting ₹300 crore revenue in FY27 and ₹500 crore by FY28. Funding Model: Partnerships with real‑estate players instead of direct capital investment. Receivables: ₹2,000 crore in government trade receivables — timing delays, not funding risk. 🏢 Other Recent Orders Date Client Value Description Aug 10 2026 Department of Posts ₹119.18 crore Cloud services for Postal Life Insurance. Aug 17 2026 EPFO ₹166.8 crore IaaS extension and enhancement. Earlier 2026 RVNL & North Central Railway ₹255 crore + ₹33 crore Tunnel communication and track circuit projects.