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Earnings Call Transcript

RailTel Corporation of India Earnings Call Transcript: Key Takeaways

Railtel delivered a strong Q4 FY26 with 83% QoQ revenue growth, largely driven by significant project commissionings like Video Surveillance.

Guidance and delivery
Management target Revenue 20.0% FY27
Highlights
Revenue growth22% YoY growth; 83% QoQ jump driven by project execution.
MarginsTelecom margins stable at 39%; project margins thin at 4-5%.
Order book₹11,466 Cr order book as of April 2026, up 34% QoQ.
Demand visibilityStrong visibility from state/central government digitization and railway signaling needs.
Management confidenceConfident, highlighting shift toward high-growth data center and ICT services.

Growth

Revenue grew 22% YoY to ₹4,328 Cr, with Telecom segments showing resilience and Data Center revenue jumping 59%.

Outlook

Management guides for 20% revenue growth in FY27, aiming for ₹3,000-3,500 Cr from projects.

Risks

Telecom face enterprise pricing pressure; project margins are thin at 4-5%; reliance on government contracts.

Last quarter's promises, checked

Delivered

  • Guided ~20% revenue growth → delivered 22% (₹4,328 Cr) (= BEAT)
  • Guided data center expansion → commissioned 2 new sites (Delhi/Mumbai) (= BEAT)
  • Guided project margin 4-5% → delivered 4-5% (= BEAT)

Partly delivered

  • Guided 102 edge data centers → 3 operational, 3 more planned for FY27 (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: RAILTEL. Summary written with AI assistance from the document.

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RailTel Corporation of India Ltd: key numbers

Share price
₹260.15
Market cap
₹8,349 Cr
Revenue (annual)
₹4,277 Cr
Net profit (annual)
₹346.3 Cr
P/E (TTM)
24.1×Sector 33.0×
Promoter holding
72.84%+0.00% QoQ
FII holding
3.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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Execution
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