Rs 7,197 crore order book: Railway Company Secures Major Orders Totaling Over Rs 103 Crore for Smart City and Safe City Projects
DSIJ Intelligence-2 / 12 Sep 2025/ Categories: Mindshare, Trending
The stock is up by 39.22 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.
RailTel Corporation of India Ltd has secured two major domestic work orders on September 11, 2025, from municipal corporations in Maharashtra, with a combined value of more than Rs 103 crore. These contracts further strengthen RailTel’s position in India’s digital infrastructure and smart city initiatives.
The first work order was awarded by Nashik Municipal Smart City Development Corporation Ltd. RailTel will serve as the Implementation Agency for the Supply, Laying, Installation, Testing and Commissioning of the Nashik & Trimbakeshwar City Network Backbone. The project, worth Rs 70.94 crore (excluding tax), also includes Operations and Maintenance Services. The order was received at 5:16 PM on September 11, 2025, and is scheduled for completion by December 31, 2026. RailTel confirmed that this contract is not a related party transaction.
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In another development, RailTel received a work order from Panvel Municipal Corporation for connectivity services under the Panvel Safe City Project. The contract, valued at Rs 32.51 crore (including tax), covers Supply, Installation and Service for providing SDWAN-based Internet Lease Line/MPLS Line connectivity at multiple locations. The order was received earlier at 3:54 PM on September 11, 2025, and is slated for execution by March 19, 2031.
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 11,000 crore. As of June 30, 2025, the company’s order book stands at Rs 7,197 crore. The stock is up by 39.22 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.