RAILTEL

Railtel Corporation Of India share price & financials

Price
₹319.4
Market cap
₹9.3k Cr
Sector
Telecommunication
Calls analysed
6
Latest concall · Q1 FY27 · call held 31 Jul 2026

Railtel Corporation Of India Limited Q1 FY27

Operating Revenue ₹893 cr +20%Profit After Tax ₹66 cr

What went well

  • Operating revenue for Q1 FY27 was ₹893 crores, a 20% year-on-year growth compared to ₹744 crores in Q1 FY26.
  • Profit Before Tax (PBT) increased by 12% to ₹96 crores in Q1 FY27 from ₹86 crores in Q1 FY26.
  • The company's order book is robust at ₹11,747 crores as of date, with new orders worth ₹1,688 crores received in Q1 FY27.

What to watch

  • NLD segment revenue declined to ₹144 crores in Q1 FY27 from ₹151 crores in the same quarter last year, primarily due to delayed renewals from government customers.
  • The ISP segment remains 'heated' with continuous ARPU pressure, despite subscriber additions.
Read the full call →

What Railtel Corporation Of India Limited does

RailTel Corporation of India is a Navratna Central Public Sector Enterprise under the Ministry of Railways, set up to build and monetise a telecom infrastructure network laid along the Indian Railways right-of-way. It operates a pan-India optical-fibre backbone and city access network, Tier-III certified data centres and a MeitY-empanelled cloud platform (RailCloud), earning revenue from leased-line/bandwidth and retail broadband (RailWire) telecom services. It also executes system-integration and ICT projects for Indian Railways, central and state government departments and PSUs, spanning e-office, hospital management systems, video surveillance, train signalling (Kavach) and smart-city work. Major customers include Indian Railways, central/state governments, PSUs, banks and telecom/OTT companies.

Segments

  • Telecom
  • Projects
PAN-India telecom points of presence
11,000+ PoPs, including 6,117 Railway PoPs
Fibre network length
63,000+ route km backbone + 21,000+ km city access network
Railway stations with free Wi-Fi
6,117+
RailWire broadband subscribers
5.84 lakh+ (ranked 13th-largest ISP in India; 4th-largest by rural subscriber count)
Villages connected via broadband
20,000+
Data centre footprint
Tier-III certified data centres at Gurgaon & Secunderabad; edge data-centre network of 100 planned sites pan-India (2 operational)
Founded 2000Headquarters New Delhi, India Company website

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 3 delivered 4 missed 8 open
  • Overall Revenue Growth delivered said Q1 FY26 Promised: somewhere around 25% growth Q1 FY27: This promise pertains to FY26 and was not discussed.
  • Noida Data Center Megawatt Capacity revised up said Q1 FY26 Promised: 5 megawatt in next 2 years Q1 FY27: This year, we are expecting by May 2027, 10-megawatt facility should be commissioned in Noida. That was the first target. Maybe even earlier maybe a month early than May 2027.
  • Telecom vs Project Business Ratio on track said Q2 FY26 Promised: Broadly for some time to come, 40:60 more or less. Q1 FY27: Q1 FY27 revenue mix was Telecom 361 cr vs Project 532 cr, a ratio of 40.4% to 59.6%, which is back in line with the target.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q4 FY26: revenue up 27.6%, net profit up 25.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue558 843 768 1,308 744 +33%951 +13%913 +19%1,669 +28%
EBITDA103 129 121 180 116 +13%154 +19%133 +10%233 +29%
Net profit49 73 65 113 66 +35%76 +4%62 −5%142 +26%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −29.0% 1Y

₹250₹300₹350₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 30 Oct 2025Q3 FY26 — 3 Feb 2026Q4 FY26 — 30 Apr 2026Q1 FY27 — 31 Jul 2026

1Y: ₹365.9 on 10 Sept 2025 → ₹259.9. High ₹400.9 (17 Sept 2025), low ₹246.1 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−3.3%
31 Jul
Q4 FY26
+3.9%
1 May
Q3 FY26
−0.6%
3 Feb
Q2 FY26
−1.2%
30 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 28.9% a year over 4 years, FY22 to FY26. Operating margin narrowed to 14.9%.

Year endingFY22FY23FY24FY25FY26
Revenue₹1.5k Cr₹2.0k Cr₹2.6k Cr₹3.5k Cr₹4.3k Cr
Operating profit₹337 Cr₹339 Cr₹436 Cr₹533 Cr₹636 Cr
Operating margin21.8%17.3%17.0%15.3%14.9%
Interest₹5 Cr₹6 Cr₹6 Cr₹4 Cr₹5 Cr
Depreciation₹160 Cr₹155 Cr₹159 Cr₹181 Cr₹189 Cr
Net profit₹209 Cr₹189 Cr₹246 Cr₹300 Cr₹346 Cr
Net margin13.5%9.6%9.6%8.6%8.1%
ROCE16.0%16.0%———
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹321 Cr₹321 Cr₹321 Cr₹321 Cr₹321 Cr₹321 Cr
Reserves₹1.1k Cr₹1.2k Cr₹1.4k Cr₹1.5k Cr₹1.8k Cr₹1.9k Cr
Borrowings₹0 Cr₹32 Cr₹48 Cr₹46 Cr₹71 Cr₹64 Cr
Other liabilities₹1.3k Cr₹1.3k Cr₹1.8k Cr₹2.2k Cr₹2.9k Cr₹3.5k Cr
Total liabilities₹2.7k Cr₹2.9k Cr₹3.5k Cr₹4.0k Cr₹5.1k Cr₹5.8k Cr
Fixed assets₹760 Cr₹775 Cr₹828 Cr₹913 Cr₹1.2k Cr₹1.3k Cr
Capital work in progress₹215 Cr₹163 Cr₹217 Cr₹130 Cr₹101 Cr₹81 Cr
Investments₹0 Cr₹30 Cr₹5 Cr₹90 Cr₹50 Cr₹0 Cr
Other assets₹1.7k Cr₹1.9k Cr₹2.5k Cr₹2.9k Cr₹3.7k Cr₹4.5k Cr
Total assets₹2.7k Cr₹2.9k Cr₹3.5k Cr₹4.0k Cr₹5.1k Cr₹5.8k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.51 pp while FIIs added +0.31 pp. The shareholder count shrank 6% to 4,86,005.

Promoters
72.8%
FIIs
4.0%
DIIs
1.0%
Public
22.2%

Since Jun 2025

  • Public −0.51 pp
  • FIIs +0.31 pp
  • DIIs +0.21 pp

How it drifted, 12 quarters

Over this window DIIs fell from 3.5% to 1.0% — −2.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 72.8%, FIIs 1.5%, DIIs 3.5%, Public 22.1%.Dec '23: Promoters 72.8%, FIIs 1.4%, DIIs 3.4%, Public 22.3%.Mar '24: Promoters 72.8%, FIIs 2.2%, DIIs 2.6%, Public 22.3%.Jun '24: Promoters 72.8%, FIIs 2.1%, DIIs 2.9%, Public 22.1%.Sep '24: Promoters 72.8%, FIIs 3.0%, DIIs 0.6%, Public 23.5%.Dec '24: Promoters 72.8%, FIIs 3.3%, DIIs 0.4%, Public 23.4%.Mar '25: Promoters 72.8%, FIIs 3.3%, DIIs 0.5%, Public 23.4%.Jun '25: Promoters 72.8%, FIIs 3.7%, DIIs 0.8%, Public 22.7%.Sep '25: Promoters 72.8%, FIIs 3.5%, DIIs 0.8%, Public 22.8%.Dec '25: Promoters 72.8%, FIIs 3.7%, DIIs 0.8%, Public 22.6%.Mar '26: Promoters 72.8%, FIIs 3.7%, DIIs 1.0%, Public 22.4%.Jun '26: Promoters 72.8%, FIIs 4.0%, DIIs 1.0%, Public 22.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Railtel Corporation Of India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
President Of India 72.84%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in RAILTEL

Filings to Aug 2026

0 new, 4 added, 1 trimmed, 0 sold out — net +0.03 L shares (+1.0%).

Held by funds
₹7 Cr
5 schemes
Biggest holder
Nippon India Nifty Smallcap 250 Index Fund
₹4 Cr · 0.1% of that fund
SchemeHoldingLast month
Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund₹4 Cr+0.02 L
SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund₹2 Cr+0.01 L
Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund₹1 Cr+0.00 L
SBI Nifty 500 Index Fund SBI Mutual Fund₹0 Cr−0.00 L
SBI Nifty Small Cap 250 ETF SBI Mutual Fund₹0 Cr+0.00 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

4 added, 1 trimmed — net +2,511 shares (+1.0%)

Funds are sitting on
-14%
vs est. average cost
Held by funds
₹7 Cr
5 schemes · ≈ 0.09% of the company
Biggest holder
Nippon India Nifty Smallcap 250 Index Fund
₹4 Cr · 0.1% of that fund

Shares held by these funds −63%

Dec '22 2.46 L shares Jul '26

All earnings calls (6)

Read the Q1 FY27 call →

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