RITES IN EQUITY
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| CUSTOMER | BASIS | EST ₹CR | RANGE | % REV | BUCKET | PERIOD | METHOD | CONF |
|---|---|---|---|---|---|---|---|---|
| TATASTEELTata Steel Ltd. | UNSTATED | 2,174 | 2,174–2,174 | 90.0% | CAPEX | FY26 | EST | 70% |
| “Preparation of Feasibility Report and Detailed Project Report for Ore transportation for HCL Preparation of Master Plan on Rail Infrastructure for evacuation o…” AR p.143 · 31-MAR-26 DOC | ||||||||
| Business | REV SHARE | 1,976 | 1,976–1,976 | 90.0% | — | FY25 | DISC | 90% |
| “Details of business activities (accounting for 90% of the turnover): S. No. Description of Main Activity Description of Business Activity % of Turnover of the …” AR p.156 · 31-MAR-25 · +2 DOC | ||||||||
| BELBharat Electronics Ltd. | CONTRACT | 983 | 983–983 | 40.7% | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation of Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Dis…” ORDER p.1 · 25-JUL-25 DOC | ||||||||
| NTPCNTPC Ltd. | CONTRACT | 428 | 48–428 | 17.7% | — | FY26 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Intimation of major order secured from NTPC Limited” ANN · 29-AUG-25 DOC | ||||||||
| NTPCNTPC Ltd. | CONTRACT | 283 | 283–283 | 11.7% | CAPEX | FY26 | EST | 85% |
| “Subject: Intimation regarding Rate Contract secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation…” ORDER p.1 · 19-SEP-25 · +2 DOC | ||||||||
| BELBharat Electronics Ltd. | CONTRACT | 85 | 9–85 | 3.5% | — | FY26 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about major order secured from Bharat Electronics Limited.” ANN · 25-JUL-25 DOC | ||||||||
| Indian Railways | CONTRACT | CT 155 | — | — | CAPEX | FY25 | EST | 85% |
| “Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 an…” ORDER p.1 · 22-SEP-26 · +2 DOC | ||||||||
| NATIONALUMNational Aluminium Co. Ltd. | CONTRACT | CT 80 | — | — | CAPEX | FY27 | EST | 85% |
| “Subject: Update regarding Major Order Secured Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and…” ORDER p.1 · 08-APR-26 DOC | ||||||||
| Damodar Valley Corporation (DVC) | CONTRACT | CT 36 | — | — | CAPEX | FY26 | EST | 85% |
| “Subject: Intimation regarding major order secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations …” ORDER p.1 · 02-OCT-25 DOC | ||||||||
| Mahanadi Coalfields Limited | CONTRACT | CT 28 | — | — | — | FY26 | EST | 85% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 24-APR-25 · +1 DOC | ||||||||
| OILOil India Ltd. | CONTRACT | CT 157 | — | — | CAPEX | FY25 | EST | 85% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 29-MAR-25 DOC | ||||||||
| Numaligarh | CONTRACT | CT 156 | — | — | CAPEX | FY25 | EST | 85% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 29-MAR-25 DOC | ||||||||
| NLCINDIANLC India Ltd. | CONTRACT | CT 467 | — | — | CAPEX | FY25 | EST | 85% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 14-FEB-25 DOC | ||||||||
| Ministry of External Affairs | CONTRACT | CT 298 | — | — | CAPEX | FY25 | EST | 85% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Ex…” ORDER p.1 · 13-DEC-24 DOC | ||||||||
| Karnataka | CONTRACT | CT 454 | — | — | CAPEX | FY25 | EST | 85% |
| “Sub: Update on Major Order Secured Dear Sir/ Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Exchange Board o…” ORDER p.1 · 22-OCT-24 DOC | ||||||||
| CONCORContainer Corporation of India Ltd. | CONTRACT | CT 365 | — | — | CAPEX | FY23 | EST | 85% |
| “RITES Secures new order of Rs. 364.56 Crores RITES have secured a business for Operation and Maintenance of 20 No.g of Shunting Locomotives for the period of 1…” ORDER p.2 · 16-JUN-22 DOC | ||||||||
| FY27 | REV SHARE | — | — | 33.0% | CAPEX | FY27 | DISC | 80% |
| “7 RITES Limited Q1 FY27 Post Earnings Conference Call 05.08.2026 Rahul Mithal The Turnkey is about 50% of our order book, and it contributed roughly about 30-3…” CONCALL p.8 · 31-AUG-26 · +1 DOC | ||||||||
| SAILSteel Authority of India Ltd. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 75% |
| “Sale of Goods 35: Revenue from Operations SAIL Rites Bengal Wagon I Pvt Ltd 60.59 77.64 NTPC-SAIL Power Supply Co. Ltd 4.18 4.08 Bhilai Jaypee Cement Limited -…” AR · +2 DOC | ||||||||
| Indian Railways | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “B) Shri Jayant Kumar, Govt. Nominee Director: Name of Director Shri Jayant Kumar DIN 07179274 Date of Birth 22.08.1974 Age 51 Years Date of first appointment m…” AR p.17 · 31-MAR-26 · +2 DOC | ||||||||
| REMC Limited | UNSTATED | — | — | — | SG&A | FY26 | EST | 75% |
| “He also serves on the Boards of REMC Ltd., GPCL Consulting Services Ltd. and Indian Railway Stations Development Corporation Ltd. Rahul Mithal Chairman & Manag…” AR p.36 · 31-MAR-26 DOC | ||||||||
| REMC Limited | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “He also serves as Chairman of REMC Ltd., a subsidiary of RITES Dr. Deepak Tripathi Director Technical Dr. Tripathi is an officer of IRSME (1990 Batch) and has …” AR p.36 · 31-MAR-26 · +2 DOC | ||||||||
| REMC Limited | CONTRACT | CT 9,090 | — | — | CAPEX | FY26 | EST | 75% |
| “Contributions across consultancy, exports, leasing, turnkey and REMC indicate the breadth of client trust across business lines.” AR p.61 · 31-MAR-26 · +2 DOC | ||||||||
| Parties | UNSTATED | — | — | — | — | FY25 | EST | 75% |
| “Contracts or Arrangements with Related Parties Under Section 188 (1) of the Companies Act, 2013 All contracts / arrangements / transactions entered by the Comp…” AR p.78 · 31-MAR-26 · +1 DOC | ||||||||
| NBCCNBCC (India) Ltd. | CONTRACT | CT 11 | — | — | — | FY26 | EST | 75% |
| “VI) The Company has received property tax demands of H 10.55 Crores based on rectification order from NDMC in respect of its office premises at Nauroji Nagar D…” AR p.245 · 31-MAR-26 · +2 DOC | ||||||||
| Appellate Authority | CONTRACT | CT 232 | — | — | — | FY26 | EST | 75% |
| “Appellate authority awarded H 231.68 crore with applicable interest in favour of the Company.” AR p.245 · 31-MAR-26 · +1 DOC | ||||||||
| Authority. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Windmill Projects (Power Generation) Revenue from sale of power through wind-mill projects is recognised based on certificate from concerned State Electricity …” AR p.287 · 31-MAR-26 · +1 DOC | ||||||||
| Others | UNSTATED | — | — | — | CAPEX | FY26 | EST | 75% |
| “NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH, 2026 30 REVENUE FROM OPERATIONS (H in crore) Particulars Note No. As at 31.03.202…” AR p.306 · 31-MAR-26 · +1 DOC | ||||||||
| Indian Railways | UNSTATED | — | — | — | COGS | FY25 | EST | 75% |
| “Dr. Goswami's career includes a significant tenure as a lecturer at Tata Steel’s College from 1990 to 2004, where he contributed to educational excellence and …” AR p.19 · 31-MAR-25 DOC | ||||||||
| SAILSteel Authority of India Ltd. | UNSTATED | — | — | — | COGS | FY25 | EST | 75% |
| “Previously serving as General Manager (Finance) since June 17, 2021, he held pivotal roles in the Finance Department of Steel Authority of India Limited (SAIL)…” AR p.32 · 31-MAR-25 DOC | ||||||||
| Gujarat Metro Rail Corporation | UNSTATED | — | — | — | CAPEX | FY25 | EST | 75% |
| “BI-01/04 M/s ArdanuyIngenieria S.A (Consortium Partner) Detailed Design Consultancy services for power supply and distribution system, 750 V DC third rail trac…” AR p.350 · 31-MAR-25 DOC | ||||||||
| JWLJupiter Wagons Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Procurement is primarily classified into three segments: sourcing from vendors approved by the Research Designs and Standards organization (RDSO), procurement …” AR p.185 · 31-MAR-26 DOC | ||||||||
| Patna Metro Rail Corporation Limited | CONTRACT | CT 79 | — | — | CAPEX | FY27 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured by RITES Limited in Consortium Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Boar…” ORDER p.1 · 11-JUL-26 · +1 DOC | ||||||||
| Volantis Asset Finance | CONTRACT | CT 4 | — | — | CAPEX | FY27 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations …” ORDER p.1 · 06-JUL-26 DOC | ||||||||
| NATIONALUMNational Aluminium Co. Ltd. | CONTRACT | — | — | — | — | FY27 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Update regarding Major Order Secured from National Aluminium Company Limite…” ANN · 08-APR-26 DOC | ||||||||
| Research Designs and Standards Organisation | CONTRACT | CT 106 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations …” ORDER p.1 · 22-MAR-26 DOC | ||||||||
| Public Works | CONTRACT | CT 45 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 07-MAR-26 · +1 DOC | ||||||||
| Berhard Development Corporation | CONTRACT | CT 0 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding major order secured Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations…” ORDER p.1 · 30-DEC-25 DOC | ||||||||
| Ndalama Capital | CONTRACT | CT 4 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 23-DEC-25 DOC | ||||||||
| National Institute of Mental Health & Neuro Sciences | CONTRACT | CT 373 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations…” ORDER p.1 · 03-NOV-25 DOC | ||||||||
| Talis Logistics | CONTRACT | CT 2 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding major order secured Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations…” ORDER p.1 · 25-SEP-25 DOC | ||||||||
| Indian Institute of Management | CONTRACT | CT 148 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Update regarding Major Order Secured Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and…” ORDER p.1 · 19-JUL-25 DOC | ||||||||
| Department of Collegiate and Technical Education | CONTRACT | CT 47 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation of Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Dis…” ORDER p.1 · 11-JUL-25 · +1 DOC | ||||||||
| African Rail Company | CONTRACT | CT 0 | — | — | CAPEX | FY26 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations …” ORDER p.1 · 01-JUL-25 DOC | ||||||||
| Gujarat | CONTRACT | — | — | — | — | FY26 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about update on major order received from Gujarat Urban Development Company Limit…” ANN · 24-JUN-25 · +1 DOC | ||||||||
| Ministry of Public Works | CONTRACT | CT 1 | — | — | CAPEX | FY25 | EST | 75% |
| “Subject: Intimation regarding major order secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations …” ORDER p.1 · 10-JUN-25 · +2 DOC | ||||||||
| Gujarat | CONTRACT | CT 29 | — | — | CAPEX | FY26 | EST | 75% |
| “The order is subject to award after the due process of scrutiny and overall evaluation (technical and financial) by the Gujarat Urban Development Company Limit…” ORDER p.1 · 03-JUN-25 DOC | ||||||||
| OILOil India Ltd. | CONTRACT | — | — | — | — | FY25 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from Oil India Limited.” ANN · 29-MAR-25 DOC | ||||||||
| Numaligarh | CONTRACT | — | — | — | — | FY25 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from Numaligarh Refinery Limited.” ANN · 29-MAR-25 DOC | ||||||||
| Ntokoto Rail Holdings Pty. | CONTRACT | CT 1 | — | — | CAPEX | FY25 | EST | 75% |
| “Subject: Update on Major Order received from Ntokoto Rail Holdings Pty.” ORDER p.1 · 17-MAR-25 DOC | ||||||||
| NLCINDIANLC India Ltd. | CONTRACT | — | — | — | — | FY25 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from NLC India Limited.” ANN · 14-FEB-25 DOC | ||||||||
| SAILSteel Authority of India Ltd. | CONTRACT | — | — | — | — | FY25 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Receiving of orders from Steel Authority of India Limited- Bhilai Steel Pla…” ANN · 02-JAN-25 DOC | ||||||||
| Ministry of External Affairs | CONTRACT | — | — | — | — | FY25 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Receiving of orders from Ministry of External Affairs, Government of India” ANN · 13-DEC-24 DOC | ||||||||
| Indian Institute of Management Raipur | CONTRACT | CT 148 | — | — | CAPEX | FY25 | EST | 75% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Ex…” ORDER p.1 · 05-DEC-24 DOC | ||||||||
| Northeast Frontier | CONTRACT | CT 532 | — | — | CAPEX | FY25 | EST | 75% |
| “Subject: Update on Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Exchange Boar…” ORDER p.1 · 22-NOV-24 DOC | ||||||||
| Delhi Metro Rail Corporation | CONTRACT | CT 36 | — | — | CAPEX | FY25 | EST | 75% |
| “Subject: Update on Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Exchange Boar…” ORDER p.1 · 05-NOV-24 DOC | ||||||||
| Andhra Pradesh Power Generation Corporation | CONTRACT | CT 54 | — | — | CAPEX | FY25 | EST | 75% |
| “Sub: Intimation regarding Major Order Secured Dear Sir/ Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Excha…” ORDER p.1 · 19-OCT-24 DOC | ||||||||
| HINDCOPPERHindustan Copper Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 70% |
| “Release of Copper Vision Document by Hon'ble Union Minister of Coal & Mines, Shri G. Kishan Reddy, on 04.07.2025 at Hyderabad Vendor Meet organized at HCL Corp…” AR DOC | ||||||||
| ATULAtul Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 149, 152, 161 and other applicable provisions, if any, of the Companies Act, 2013 (“A…” AR p.3 · 31-MAR-26 DOC | ||||||||
| Office | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “Shri Rahul Mithal (DIN:07610499) was appointed as Chairman & Managing Director (CMD) of the Company by the Hon’ble President of India vide Ministry of Railways…” AR p.13 · 31-MAR-26 · +1 DOC | ||||||||
| Securities and Exchange Board of India | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “(Not Applicable to the Company during the Review period) (g) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regu…” AR p.97 · 31-MAR-26 · +1 DOC | ||||||||
| Authority. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 70% |
| “The Offerings: Conceptualisation, reconnaissance, feasibility studies, detailed project report Detailed Engineering, Project Planning, Scheduling and Controlli…” AR p.138 · 31-MAR-26 · +1 DOC | ||||||||
| Financial Year | UNSTATED | — | — | — | — | FY25 | EST | 70% |
| “Stakeholder group from whom complaint is received Grievance Redressal Mechanism in Place (Yes/ No) (If Yes, then provide web-link for grievance redress policy)…” AR p.158 · 31-MAR-26 · +1 DOC | ||||||||
| Maharashtra | UNSTATED | — | — | — | CAPEX | FY26 | EST | 70% |
| “NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH, 2026 Project Name Name of entities Consultancy services for Feasibility Study, De…” AR p.335 · 31-MAR-26 · +1 DOC | ||||||||
| Australia | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “Contract No: DMRC/RSW/NJFD/143: Retrofit Work in RS-1 Trains in DMRC – Work is ongoing M/s. r2p Asia-Pacific Pty Ltd., Australia and M/s. ACT Fibreglass Ltd., …” AR p.336 · 31-MAR-26 DOC | ||||||||
| Renewable Energy | UNSTATED | — | — | — | CAPEX | FY25 | EST | 70% |
| “FINANCIAL CAPITAL K2,533 Cr Net worth K5,897 Cr Balance Sheet Size HUMAN CAPITAL 2,714 Employees 356 Professionals Hired K6.38 Cr Learning & Development Expens…” AR p.56 · 31-MAR-25 DOC | ||||||||
| Maharashtra | UNSTATED | — | — | — | — | FY25 | EST | 70% |
| “Maharashtra, Rajasthan, Uttarakhand » Third Party Inspection for Gun Carriage Factory Jabalpur » Pre-dispatch inspection and capacity assessment of industrial …” AR p.147 · 31-MAR-25 DOC | ||||||||
| Others | UNSTATED | — | — | — | COGS | FY25 | EST | 70% |
| “Details of public policy positions advocated by the entity: S. No. Public policy advocated Method resorted for such advocacy Whether information available in p…” AR p.183 · 31-MAR-25 DOC | ||||||||
| JWLJupiter Wagons Ltd. | UNSTATED | — | — | — | CAPEX | FY25 | EST | 70% |
| “(Yes/No) Jupiter Wagons Limited categorizes its procurement into three regulatory segments: items sourced from RDSO (Research Designs and Standards Organizatio…” AR p.162 · 31-MAR-25 DOC | ||||||||
| CONCORContainer Corporation of India Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 65% |
| “He served as Functional Director on the Board of CONCOR from September 2017 to October 2021, heading its Projects & Services wing.” AR p.36 · 31-MAR-26 DOC | ||||||||
| IRCONIRCON International Ltd. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 65% |
| “India 49.00% RICON RITES has formed a Joint Venture with M/s. IRCON International Limited to secure and execute contracts to be awarded by M/s Companhia Dos Ca…” AR p.329 · 31-MAR-26 · +1 DOC | ||||||||
| FY27 | CONTRACT | CT 300 | — | — | — | FY27 | EST | 65% |
| “So, the execution of the Bangladesh order should definitely start from this coming FY27.” CONCALL p.21 · 28-FEB-26 · +2 DOC | ||||||||
| Sri Lanka Railways Dear Sir/ Madam | CONTRACT | CT 400 | — | — | CAPEX | FY27 | EST | 65% |
| “Subject: RITES emerges as Lowest Bidder (L-1) in tender from Sri Lanka Railways Dear Sir/ Madam, Pursuant to Regulation 30 of the Securities and Exchange Board…” ORDER p.1 · 02-NOV-26 DOC | ||||||||
| Babasaheb Bhimrao Ambedkar University | CONTRACT | — | — | — | — | FY27 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from Babasaheb Bhimrao Ambedkar University (BBAU).” ANN · 30-JUN-26 DOC | ||||||||
| ICVL | CONTRACT | CT 2 | — | — | CAPEX | FY26 | EST | 65% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations …” ORDER p.1 · 27-JAN-26 DOC | ||||||||
| ICVL Mozambique | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding Major Order Secured from ICVL Mozambique .” ANN · 27-JAN-26 DOC | ||||||||
| Berhard Development Corporation | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from Berhard Development Corporation (Private) Limi…” ANN · 30-DEC-25 DOC | ||||||||
| Ndalama Capital | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Receiving of orders from Ndalama Capital (Pty) Ltd., South Africa” ANN · 23-DEC-25 DOC | ||||||||
| Cochin International Airport Limited | CONTRACT | — | — | — | CAPEX | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Receiving major order from Cochin International Airport Limited” ANN · 12-NOV-25 DOC | ||||||||
| National Institute of Mental Health & Neuro Sciences | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding Major Order Secured from National Institute of Mental Health & Neuro Sc…” ANN · 03-NOV-25 DOC | ||||||||
| Talis Logistics | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about major order secured from Talis Logistics, South Africa” ANN · 25-SEP-25 DOC | ||||||||
| IIM Raipur | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Update regarding Major Order Secured from IIM Raipur,” ANN · 19-JUL-25 DOC | ||||||||
| African Rail Company | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about receiving of major order from African Rail Company” ANN · 01-JUL-25 DOC | ||||||||
| Ministry of Public Works | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from Ministry of Public Works, the Co-operative Rep…” ANN · 10-JUN-25 DOC | ||||||||
| Ntokoto Rail Holdings Pty. | CONTRACT | — | — | — | — | FY25 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding update on Major Order received from Ntokoto Rail Holdings Pty.” ANN · 17-MAR-25 DOC | ||||||||
| Neyveli Uttar Pradesh Power Limited | CONTRACT | — | — | — | — | FY25 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from Neyveli Uttar Pradesh Power Limited (NUPPL)” ANN · 13-FEB-25 DOC | ||||||||
| Meerut Development Authority | CONTRACT | — | — | — | — | FY25 | EST | 65% |
| “Bagging/Receiving of orders/contracts Intimation regarding major order secured from Meerut Development Authority” ANN · 17-DEC-24 DOC | ||||||||
| Government of Guyana | CONTRACT | — | — | — | — | FY25 | EST | 65% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange about Receiving of orders from Government of Guyana” ANN · 07-DEC-24 DOC | ||||||||
| UP State Bridge Corporation | CONTRACT | CT 59 | — | — | CAPEX | FY25 | EST | 65% |
| “Sub: Update on Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with para B of part A of schedule Ill of the Securities and Exchange Board of…” ORDER p.1 · 28-OCT-24 DOC | ||||||||
| CDSLCentral Depository Services (India) Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 60% |
| “The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in p…” AR p.9 · 31-MAR-26 · +1 DOC | ||||||||
| Delhi Metro Rail Corporation | UNSTATED | — | — | — | — | FY26 | EST | 60% |
| “Contract No: DMRC/RSW/NJFD/143: Retrofit Work in RS-1 Trains in DMRC – Work is ongoing M/s. r2p Asia-Pacific Pty Ltd., Australia and M/s. ACT Fibreglass Ltd., …” AR p.336 · 31-MAR-26 DOC | ||||||||
| Sri Lanka Railways | CONTRACT | — | — | — | CAPEX | FY27 | EST | 55% |
| “Awarding of order(s)/contract(s) RITES Limited has informed the Exchange about emerging as Lowest Bidder (L-1) in tender from Sri Lanka Railways” ANN · 02-NOV-26 DOC | ||||||||
| Malaysia | UNSTATED | — | — | — | CAPEX | 2026-11 | EST | 55% |
| “The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).” SCREENER DOC | ||||||||
| Thailand | UNSTATED | — | — | — | CAPEX | 2026-11 | EST | 55% |
| “The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).” SCREENER DOC | ||||||||
| SUPPLIER | BASIS | EST ₹CR | RANGE | % COST | BUCKET | PERIOD | METHOD | CONF |
|---|---|---|---|---|---|---|---|---|
| IRCONIRCON International Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Shri Naik has held leadership roles in multiple government and private sector organizations, including RITES Ltd., Indian Port Rail & Ropeway Corporation Ltd.,…” AR p.16 · 31-MAR-26 DOC | ||||||||
| SAILSteel Authority of India Ltd. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 75% |
| “(2.46) 1.03 The unrecognised share of losses of joint ventures, both for the reporting period and cumulatively, where SAIL has stopped recognising its share of…” AR · +1 DOC | ||||||||
| URBANCOUrban Company Ltd. | UNSTATED | — | — | — | — | 2026-10 | EST | 75% |
| “Over the years, he has served in leadership and key financial roles across multiple CPSEs such as NHPC Ltd., DFCCIL and RITES Ltd., where he successfully manag…” AR DOC | ||||||||
| NBCCNBCC (India) Ltd. | UNSTATED | — | — | — | — | FY25 | EST | 75% |
| “Over the years, he has served in leadership and key financial roles across multiple CPSEs such as NHPC Ltd., DFCCIL and RITES Ltd., where he successfully manag…” AR DOC | ||||||||
| Financial Year | UNSTATED | — | — | — | COGS | FY25 | EST | 75% |
| “The policy can be accessed from : https://www.rites.com/Upload/MediaGallery/PDF/3/Preferential_ procurement_policy_framework_pdf-2023-Jun-23-17-3-48.pdf FY 202…” AR p.185 · 31-MAR-26 DOC | ||||||||
| NTPCNTPC Ltd. | UNSTATED | — | — | — | CAPEX | FY25 | EST | 75% |
| “On the Job: During the year, the Company has undertaken the following projects (select ones): » Retrofitting of Rolling stock for DMRC » Leasing of 7 locomotiv…” AR p.146 · 31-MAR-25 DOC | ||||||||
| BHARATCOALBharat Coking Coal Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “M/s. RITES LTD awarded for Civil work to M/s HCPL-MBPL (JV), Deoghar on 10.12.2019.” AR p.87 · 31-MAR-26 DOC | ||||||||
| IRFCIndian Railway Finance Corporation Ltd. | UNSTATED | — | — | — | — | FY25 | EST | 70% |
| “Signed MoU with REMC Limited (JV of Indian Railways and RITES to procure economical conventional/ Renewable power for Railways) for collaborating to explore fi…” AR p.66 · 31-MAR-25 DOC | ||||||||
| BHARATCOALBharat Coking Coal Ltd. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 70% |
| “• The work of construction SILO is completed on 05.01.2020.• 5.0 Status of Siding PG test was completed on 21.09.2020.• Letter of Award (LOA) for Stage-III for…” AR p.87 · 31-MAR-26 DOC | ||||||||
| SAILSteel Authority of India Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 60% |
| “Vendor Assessment for Government e-Marketplace (GeM) Process & Product Inspection of SAIL Conversion Work, PSC Sleepers, ERC Clips.” AR p.146 · 31-MAR-26 DOC | ||||||||
| SOURCE | READ | % | LAST READ |
|---|---|---|---|
| ANNOUNCEMENTS | 57/57 | 100% | 08-NOV-26 |
| ANNUAL | 2/2 | 100% | 15-OCT-26 |
| CONCALL | 4/4 | 100% | 15-OCT-26 |
| ORDERS | 57/57 | 100% | 08-NOV-26 |
| RATINGS | 1/3 | 33% | 07-NOV-26 |
| SCREENER | 1/1 | 100% | 10-NOV-26 |
| SIGNAL | VALUE | AS OF | INPUTS |
|---|---|---|---|
| CUSTOMER HHI | 0.488 | 14-NOV-26 | NTPC Ltd. share 8% · Tata Steel Ltd. share 63% · Bharat Electronics Ltd. share 29% |
| CUST MOM 1M | +5.7% | 14-NOV-26 | from 15-OCT-26 · Steel Authority of India Ltd. +3.5% w 0 · Hindustan Copper Ltd. -2.9% w 0 · Tata Steel Ltd. +5.8% w 1 · Atul Ltd. -16.6% w 0 · Central Depository Services (India) Ltd. +11.9% w 0 · IRCON International Ltd. +4.6% w 0 |
| SUPP MOM 1M | +4.0% | 14-NOV-26 | from 15-OCT-26 · Steel Authority of India Ltd. +3.5% w 0 · IRCON International Ltd. +4.6% w 0 · Urban Company Ltd. +9.4% w 0 · Bharat Coking Coal Ltd. -1.3% w 0 |