Analyst discussed RITES' order book and growth outlook, including rail connectivity work tied to Turkey's port network

Thu 1 Oct 2026

Current order book

9,500 crore rupees

Turnkey construction share of order book

50 percent

Expected turnkey construction growth

20 percent

Heard on Live TV News Channel between 09:05:58 - 09:08:58 IST.

• The analyst said RITES' current order book is around 9,500 crore rupees, of which 50% is turnkey construction including port rail connectivity work.
• Execution was ramping up slowly but turnkey construction is expected to grow around 20% annually for RITES over the next two years as projects reach execution threshold.
• Till August, almost 50% of budgeted capex had been incurred, with more capex expected in the remaining seven months from September onwards.
• Rolling stock tenders for coaches are also expected to come up.

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