Rs 8,251 crore order book: Navratna PSU company bags order worth Rs 48,77,92,166 from Mumbai Metropolitan Region Development Authority

RailTel Corporation of India Ltd. has received a significant domestic work order from the Mumbai Metropolitan Region Development Authority (MMRDA), amounting to Rs 48,77,92,166 (Rupees Forty-eight Crore Seventy-seven Lakh Ninety-two Thousand One Hundred Sixty-six) excluding Tax. This major project involves the selection of RailTel as the System Integrator (SI) for the Design, Development, and Implementation of a Regional Information System for the Mumbai Metropolitan Region and an Urban Observatory at MMRDA, Mumbai. The execution of this project, which is domestic in nature, is scheduled to be completed by December 28, 2027.

About the Company

Established in 2000, RailTel Corporation of India Ltd (RCIL) is a "Navratna" public sector enterprise under the Indian government, offering diverse telecom services including broadband, VPN, and data centres. With its extensive network spanning over 6,000 stations and 61,000+ km of fibre optic cables, RailTel reaches 70 per cent of India's population. This achievement has led to the prestigious "Navratna" status conferred by the Department of Public Enterprises, Ministry of Finance. This recognition underscores RailTel's substantial contributions to the Indian economy and its position as a leading force in telecommunications and information technology. The "Navratna" status empowers RailTel with greater autonomy, financial flexibility, and the capacity for larger investments, propelling it towards innovation and sustained growth.

The company has a market cap of over Rs 10,000 crore. As of September 30, 2025, the company’s Order Book stands at Rs 8,251 crore. The stock is up by 27.34 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 150 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.