Announced Fri, 9 May · 15:54 IST

Railtel Corporation Of India Limited has informed the Exchange about Transcript

Mgmt Guided Margin PressureOrder Pipeline DisclosedMgmt Evaded Key QuestionInvestor Communications View source PDF

RAILTEL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Railtel reported Q4 FY25 operating revenue of INR 1,308 crores, up 70% quarter-on-quarter, with PAT of INR 113 crores (up 74% QoQ). Full-year FY25 revenue grew 35% to INR 3,551 crores and PAT rose 22% to INR 300 crores, with EPS at INR 9.34. The company has a healthy order book of INR 6,616 crores (30% railway, 70% non-railway) and is targeting fresh order inflows of around INR 4,000 crores in FY26. Management reiterated a 25-30% revenue growth guidance but flagged that the heavier project segment mix will put some pressure on PAT margins, which they expect to stay around 8% at the blended level. Key growth areas highlighted include the Kavach rail safety project (first order of INR 244 crores secured, more bids in pipeline with exclusive OEM partner Quadrant FutureTek), 100 edge data centers (7-8 expected in FY26 contributing about INR 10 crores), and cybersecurity (revenue nearly doubled from INR 70 crores to INR 127 crores). FY25 capex stood at INR 320 crores, of which INR 86 crores was for data centers.

Likely market impact

Strong FY25 print with robust order book visibility should support investor confidence, though the margin pressure from the project-heavy mix and management's cautious tone on Kavach execution and RailWire growth may temper near-term enthusiasm. Stock could see measured reaction given mixed signals on margin trajectory and competitive intensity in telecom.