MUMBAI — RailTel Corporation of India Ltd., a Navratna PSU under the Ministry of Railways, has been awarded a significant work order from the Ministry of Defence. The contract, valued at ₹140.71 crore, is for an Annual Maintenance Contract (AMC) involving critical services for the ministry’s domestic infrastructure.

The order was received on January 21, 2026, and is scheduled for execution over a five-year period, concluding on January 30, 2031.

Market Reaction and Financials

Following the announcement, RailTel's stock witnessed positive momentum on the exchanges:

• Share Price: Trading at approximately ₹334.40 (up ~2% in mid-day trade).
• Order Book: As of mid-January 2026, RailTel’s total order book stands at a robust ₹8,251 crore.
• Performance: The company recently reported a Q2 FY26 standalone net profit of ₹76.07 crore, a 4.7% increase year-on-year.

Strategic Milestone for the Navratna PSU

This contract is a major win for RailTel as it continues to diversify its revenue streams beyond the Indian Railways.

Broadening Government Footprint

The Ministry of Defence order adds to a string of recent high-value project wins for RailTel in early 2026, including:

• PFMS IT Infrastructure: A ₹101.82 crore order for Data Centre and Disaster Recovery (DC & DR) services.
• Assam Health IT: A ₹56.71 crore project for Hospital Management Information Systems.
• FSSAI Cloud Services: A ₹15.99 crore contract for cloud infrastructure.

By securing an AMC of this scale from a security-sensitive department, RailTel solidifies its reputation as a trusted partner for national-level digital and communication infrastructure maintenance.