Multi-bagger Navratna PSU on bolstering order book turnover, RailTel bags major order for five-year period

New Delhi Feb 21, 2026: Navratna Railway PSU, RailTel Corporation of India Ltd has secured a significant order in consortium with Ashoka Buildcon Ltd from Inspector General of Registration.

According to the exchange filing, this is to inform that RailTel Corporation of India Ltd. in consortium with M/s Ashoka Buildcon Ltd has received the Letter of Intent (LoI) from Inspector General of Registration.

The Nature of the order includes the Selection of MSP for Modernization of Offices of IGR and Controller of Stamps under Govt. of Maharashtra. The time period by which the order will be executed is 19-March-2032.

Accordingly, the expected financial impact for the five-year contract period will be approximately Rs 1136.18 Crores.

Strengthening orderbook and financial outgrowth:

In the early 2026, the orderbook of RailTel Corporation is exceptionally witnessing a strong optimum growth supported by multiple wins in railway segments (KAVACH), Data Centre, and IT-Projects etc. Some recent order wins included diversified sectors like Ministry of Defence, East Central Railway, and State Education Departments of Bihar.