FY26 Full Year: 20% Revenue Growth
Management maintained 20% YoY revenue growth target for FY26, expecting Q4 to be significantly heavier quarter to compensate for muted Q3.
Railtel Of India · forward-looking guidance across the available source record.
Guidance tracker
Management maintained 20% YoY revenue growth target for FY26, expecting Q4 to be significantly heavier quarter to compensate for muted Q3.
Management provided initial guidance of 20% sales growth for FY27 (next financial year) with net margin of ~7% and overall margin of 10-11%.
Project margins have structurally reset to 4-5% range from earlier 6-7%, influenced by competitive dynamics, sector diversification, and cash flow considerations.
Despite 5% YTD growth, management targets 8-9% telecom income growth through increased NLD focus, network capacity investments, and new data center revenues from FY27.
Management expects revenue growth of around 20% for FY27, with project revenue conversion of ₹3,000-3,500 crore.
Capex of ₹300 crore is planned, primarily for data center expansion and telecom network upgrades.
Management aims to maintain project business EBITDA margins in the 4-5% range.
Plans to commission edge data centers in Indore, Chandigarh, and Visakhapatnam during FY27.