• Order book growth: RITES achieved an all-time high order book of ₹9,450 crore—including ₹2,100 crore in international orders—which management expects will drive double-digit revenue growth for the full fiscal year as execution ramps up.
• EBITDA margin target: Despite margin pressure from rising travel expenses, an impending pay revision, and over 70% of recent orders won competitively, management has set a strict minimum threshold of 20% for consolidated EBITDA margins.
• Segment revenue drivers: The turnkey business represents ₹4,700 crore of the order book and will accelerate revenue recognition starting in Q2 and Q3, while the leasing division achieved record quarterly revenue.
• Technology initiatives: Leveraging its 50-plus-year track record, the company has commissioned a new Center of Excellence to integrate AI and cutting-edge technology into its infrastructure consultancy services.