RailTel Secures Orders Worth ₹63.55 Crore from Madhya Pradesh and Odisha

Telecom infrastructure provider RailTel Corporation of India Ltd announced on Friday (February 28) that it has received two work orders totalling ₹63.55 crores, including taxes, from state authorities in Madhya Pradesh and Odisha.

Madhya Pradesh State Data Centre Expansion

RailTel has been awarded a contract worth ₹37.18 crore by the Madhya Pradesh State Electronics Development Corporation Ltd for system integration, expansion of the state data centre (SDC), and the establishment of a disaster recovery (DR) centre.

The project is expected to be completed by June 27, 2029, strengthening the state’s digital infrastructure and ensuring data resilience.

Billboard System Project in Odisha

The company also secured a ₹26.37-crore contract from the Cuttack Development Authority for setting up 14 units of a billboard system. This project includes hardware, annual maintenance contracts (AMC), and command control support across various locations in Cuttack City. The expected completion date for the project is July 11, 2025.

Financial Performance in Q3 FY25

RailTel Corporation reported a 4.7% year-on-year (YoY) increase in net profit for the third quarter, reaching ₹65 crore compared to ₹62.1 crore in the same period last year. Revenue from operations saw a strong 14.8% YoY surge, rising to ₹767.6 crore from ₹668.4 crore in Q3 FY24.

Despite the rise in revenue and profit, RailTel’s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) declined by 6.6% YoY to ₹121 crore, down from ₹129.7 crore in the year-ago quarter. As a result, the EBITDA margin contracted to 15.8%, compared to 19.4% in Q3 FY24, indicating a squeeze on profitability.

Stock Performance 

On March 03, 2025, Railtel share price traded 2.95% lower at ₹272.90 at 10:23 AM (IST). Railtel’s share price reached a 52-week high of ₹618.00 and a 52-week low of ₹271.50. As per BSE, the total traded volume for the stock stood at 1.31 lakh shares with a turnover of ₹3.65 crore.

At the current price, Railtel shares are trading at a price-to-earnings (P/E) ratio of 33x, based on its trailing 12-month earnings per share (EPS) of ₹8.22, and a price-to-book (P/B) ratio of 4.61, according to exchange data.

Conclusion

With these new project wins and continued revenue growth, RailTel remains focused on expanding its presence in India’s telecom infrastructure sector. The company aims to enhance digital connectivity and service offerings through strategic contracts and government collaborations.

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