Rs 9,262 crore order book: Railway Company Wins Rs 105.69 Crore Maintenance Contract from RDSO for Railway Test Track

Om DSIJ/ 23 Mar 2026 /Categories: Mindshare, Trending

Rs 9,262 crore order book: Railway Company Wins Rs 105.69 Crore Maintenance Contract from RDSO for Railway Test Track

RITES Ltd Secures Comprehensive Maintenance Contract for Dedicated Test Track in Jodhpur Division of North Western Railway

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RITES Limited share price in focus after securing a major order from Research Designs and Standards Organisation (RDSO), Lucknow, for a comprehensive maintenance contract of a dedicated test track between Gudha and Thathana Mithri stations in the Jodhpur division of North Western Railway. As of 10:52 AM, March 20, 2026, Rites Ltd's share price was trading at Rs 185.

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Order Details of Maintenance Contract

The order involves a comprehensive maintenance contract for a dedicated test track between Gudha and Thathana Mithri stations in the Jodhpur division of North Western Railway. The contract has been awarded by the Research Designs and Standards Organisation (RDSO), Lucknow, and is classified as a domestic project. The total order value stands at Rs 105.69 crore excluding GST, with an execution timeline of 60 months from the date of issuance of the Letter of Acceptance (LOA).

Order Book Details

As of December 31, 2025, RITES Limited’s total order book stands at Rs 9,262 crore. The largest share comes from the turnkey segment at Rs 4,532 crore, followed by consultancy projects contributing Rs 2,739 crore. Export orders account for Rs 1,708 crore, while leasing contributes Rs 163 crore and REMC Ltd accounts for Rs 120 crore.

About RITES Limited

RITES Limited is a leading engineering consultancy company in India and operates under the Ministry of Railways. The company provides services across transport infrastructure sectors, including railways, highways, ports, airports, and urban transport. RITES offers a wide range of services such as consultancy, project management, and turnkey execution for infrastructure projects. It has a strong presence not only in India but also in several international markets, supporting projects across Asia, Africa, and the Middle East.

The company plays a key role in railway-related projects, including track design, maintenance, rolling stock, and testing facilities, making it an important player in India’s transport infrastructure development.

The Company has a market capitalisation of Rs 8,942 crore. The company has been maintaining a dividend payout of 93.4 per cent, indicating a consistent distribution of earnings to shareholders.