Rs 6,616 crore order book: Navratna PSU bags order worth Rs 40,19,99,096 from Central Coalfields Limited

On July 24, 2025, RailTel Corporation of India Ltd, a Navratna PSU under the Ministry of Railways, announced the receipt of a work order valued at Rs 40,19,99,096 including tax from Central Coalfields Limited. The project involves the provision of 8.4 Gbps internet services to Central Coalfields Limited and is scheduled for completion by November 23, 2025. RailTel clarified that the contract is a domestic transaction with no conflict of interest, and it does not fall under related party transactions at arm’s length. 

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 12,500 crore. As of March 31, 2025, the company’s order book stands at Rs 6,616 crore. The stock is up 51.20 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 314 per cent in 3 years.

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