NSE:RITES management interview: RITES CEO On Record Order Book, Bangladesh Exports & 20% Margin Target | Business News | ET Now
ET Now, 2026-08-05. Video: https://www.youtube.com/watch?v=v4cLw6QIobM
- Revenue growth guidance: The company remains on track to achieve double-digit year-on-year revenue growth for the full fiscal year, supported by sequential execution ramp-up of its ₹9,445 crore order book following 8.6% growth in Q1.
- Bangladesh export deliveries: The first rake of 20 coaches from the 200-coach Bangladesh order is scheduled to roll out within 7 to 10 days, helping drive targeted export revenue of ₹350 to ₹400 crore.
- EBITDA margin target: Management committed to holding its red line of 20% plus EBITDA margins, despite margin pressure from over 70% competitive bidding in the order book, rising travel costs, and an impending pay revision.
- Order inflow momentum: The company sustained its order acquisition pace with 128 orders won during the quarter, averaging 1.4 orders per day.