Rs 8,251 crore order book: Navratna PSU company receives order worth Rs 35,44,83,378 from Municipal Corporation of Greater Mumbai

The Navratna public sector enterprise, RailTel Corporation of India, has received a Letter of Acceptance (LoA) from the Municipal Corporation Of Greater Mumbai (a domestic entity) for a new contract. The nature and significant terms of this domestic order is to provide a comprehensive communication solution with redundancy for five years to the Disaster Management Department. The project is to be executed by March 31, 2031, and the broad consideration or size of the order, as per the LoA, is Rs 35,44,83,378.

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 26 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.