Synopsis: RailTel Corporation of India Limited has won a new contract worth Rs.32.43 crores from the Rajasthan Council of School Education to provide Aadhaar enrolment and update services across Rajasthan.
The shares of one of the largest neutral telecom infrastructure providers are in focus today after it received a contract worth Rs.32.43 crores from the Rajasthan Council of School Education
With a market capitalization of Rs.11,853.86 crore, the shares of RailTel Corporation of India Limited were trading at Rs.369.70, up by 0.30 percent from the previous close of Rs.368.60.
Order
RailTel Corporation of India Limited has announced that it has won a new contract worth Rs. 32.43 crores from the Rajasthan Council of School Education. The contract involves providing Aadhaar enrolment and update services across Rajasthan. The project is expected to be completed by October 30, 2030. As of the Q1FY25 data, the company has an order book of Rs. 7,197 Crores, out of which close to Rs. 500 Crores are related to Kavach Projects.
Company Overview
RailTel Corporation of India Limited is a government-owned Navratna PSU company under the Ministry of Railways. It specialises in building and operating a nationwide optical fibre network along railway lines, offering high-speed internet, data centre services, and digital solutions to government bodies, businesses, and telecom operators.
In Q2FY26, the company’s revenue climbed to Rs.951 crore from Rs.843 crore in the same quarter last year. Net profit climbed to Rs.76 crore from Rs.73 crore. The return on equity is 16.5 percent, and the return on capital employed is 21.8 percent. The company’s P/E ratio is 36.71, higher than the industry average of 14.67.
Written By: Jhanavi Sivakumar
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