New Delhi: RailTel Corporation of India Limited has secured a significant order worth Rs 90.08 crore from the Institute of Road Transport. The contract involves the design, development, supply, implementation, operations, and maintenance of an Enterprise Resource Planning (ERP) system for three transport corporations: MTC Limited, Chennai, TNSTC-Coimbatore, and TNSTC-Madurai. This project highlights RailTel’s growing footprint in the transportation sector, extending beyond its traditional focus on railway services.
The project is expected to be completed by October 18, 2026, marking another notable domestic win for the company. Earlier this year, RailTel also won a Rs 25.15 crore contract from Hindustan Petroleum Corporation Limited (HPCL) and Rs 288 crore for implementing the Kavach anti-collision system across 71 stations, reinforcing its dominance in advanced railway technology.
RailTel continues to carve a niche with its expertise in telecom and IT services, including ERP solutions and safety systems.
While RailTel shares saw a decline of about 5% recently, dropping to Rs 301.60, the company’s market capitalization stood at Rs 9,679.50 crore, reflecting 148% returns over the last five years. However, the stock has faced challenges, with a 25.52% drop in 2025 so far, highlighting the intense competition within the railway CPSE sector.
RailTel’s consistent push into IT-based transport solutions and advanced safety systems positions it strategically against its counterparts, aiming to diversify its revenue streams and strengthen its competitive edge in the evolving railway and transport infrastructure landscape.
BI Bureau
