Rs 7,197 crore Order Book: Navratna PSU Company Cancels Rs 209.78 Crore Work Order from Bihar Education Project Council

DSIJ Intelligence-2 / 25 Oct 2025/ Categories: Mindshare, Trending

The stock is up by 39.7 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 250 per cent in 3 years.

On October 24, 2025, RailTel Corporation of India Ltd. announced the cancellation of a major work order originally awarded by the State Project Director, Bihar Education Project Council (BEPC). The project was part of the PM SHRI initiative focused on the implementation of education quality enhancement in Bihar.

According to the company, the estimated value of the work order, as mentioned in the Letter of Acceptance (LOA), was Rs 2,09,78,63,937. The cancellation was initiated by the customer due to some unavoidable reasons, as informed by RailTel.

This update is in reference to RailTel’s earlier intimation dated September 13, 2025, when the company had disclosed securing this major order. The company did not mention any financial impact or alternative plans following the cancellation.

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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 12,000 crore. As of June 30, 2025, the company’s Order Book stands at Rs 7,197 crore. The stock is up by 39.7 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 250 per cent in 3 years.

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