State-owned telecom infrastructure company RailTel Corp. of India Ltd. expects to end fiscal 2025 with new orders worth up to Rs 2,500 crore, backed by a strong order pipeline, its Chairman and Managing Director Sanjai Kumar told NDTV Profit on Wednesday.
Kumar's comments came on a day when RailTel announced securing an order worth Rs 17.12 crore from Navodaya Vidyalaya Samiti for the procurement and maintenance of IT infrastructure projects.
“We hope that we will be having somewhere around Rs 2,000 to Rs 2,500 crore worth of total orders coming in this year,” he said.
“Our present order book is Rs 5,200-plus crore, and we see that this momentum is going to be sustained. We are also expecting that we will be doing better than this,” Kumar added.
The top executive also mentioned that his company will maintain a revenue growth momentum of 30% in the next fiscal year.
“In FY26, I would say that we will maintain 25% to 30% growth, and maybe do better,” he said.
Talking about the project segments of RailTel, Kumar explained that the company is now handling various types of projects.
“If we see the project side of our business, we are taking data centre projects. We are taking smart city projects and train signalling projects. We have now started winning contracts for railway signalling as well. We have participated in Kavach bids too during last quarter, which amounted to around Rs 400 crore,” he said.
The RailTel CMD added that the company is looking for further opportunities in terms of bagging new project orders.
“We are continuously looking for opportunities because the digitalisation drive is basically proliferating in each sector. It's not limited to the IT sector only,” Kumar said.
“We have kept our eyes open, and we are continuously spreading our footprint into the other sectors,” he added.
Shares of RailTel were trading 4.17% higher at Rs 388.80 apiece, compared to a 0.45% climb in Nifty 50 as of 1:14 p.m. on Thursday.
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