RailTel Corporation bags order worth ₹335 crore from Ministry of Railways; shares decline 2%

According to a regulatory filing, the Navratna PSU received a purchase order for the upgradation of e-office instances of zonal railways and/or administrative units (AUs) to version 7.x and mandatory use of digital signature certificates (DSCs)/eSign in the e-office system.

The domestic order, with an estimated order side of ₹334.52 crore (excluding tax), is expected to be executed by June 22, 2031.

Recent developments

In a separate regulatory filing dated June 17, the company received a letter of intent (LoI) from Director IT.

The order was for the supply, installation, integration, and commissioning of a disaster recovery IT infrastructure at MeitY Empaneled CSP Data Center, including its five-year operation and maintenance.

The domestic order, valued at ₹52.57 crore (including tax), is expected to be executed by January 12, 2027.

Before that, Railtel Corporation had bagged an order worth ₹15.78 crore from Munitions India for upgrading the Multiprotocol Label Switching (MPLS) bandwidth of existing COMNET 2.0 in all 45 units of the seven Defence Public Sector Undertakings (DPSUs) and Directorate of Ordnance (DoO) in New Delhi.

The domestic work order, received on June 15, is expected to be executed by June 14, 2027.

RaiTel Corporation stock performance

Despite the order win, shares of RaiTel Corporation of India continued to trade in the red, amid a sell-off in the broader market on Tuesday, June 23.

The scrip declined as much as 2.46% to hit an intraday low of ₹315.55 per equity share on the National Stock Exchange (NSE). It was trading 1.62% lower at ₹318.25 per unit at around 2:26 PM.

It has lost more than 1% in the past week and 1% over the month. On a year-to-date basis, it has fallen 14%.

While the stock hit a 52-week high of ₹436.50 on June 25, 2025, it touched a year’s low of ₹245 apiece on March 30, 2026.

Q4 results

RailTel Corporation reported a 25% year-on-year (YoY) increase in its consolidated net profit to ₹142 crore in the January-March quarter of the 2025-26 financial year (Q4 FY26), compared with ₹114 crore in the same period of the preceding year.

Its revenue from operations jumped 28% YoY to ₹1,669 crore during the quarter under review, as against ₹1,308 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).

RailTel Corporation has a total market capitalisation of ₹10,229.91 crore as of June 23, 2026, according to data on the NSE.