Rahul Mithal On RITES' ₹9,388 Cr Order Book, ₹10,000 Cr Target & Railway Export Growth
Business Today · 05 Nov 2026 · 4 min
Management interview of RITES Ltd (RITES), with 7 key numbers discussed.
- Rahul Mithal, Chairman & Managing Director, RITES
RITES reported an order book of Rs 9,388 cr, having secured 139 orders worth Rs 450 cr in Q2FY27. Management targets crossing Rs 10,000 cr in the next two to three quarters despite stepped-up execution in H2. The company guided for over Rs 300 cr in export revenue for FY27 after nil exports in H1. Key export contracts include the Rs 900 cr Bangladesh coaches order to be completed by FY28, and a Rs 150 cr Mozambique locomotive order over 10-12 months.