RailTel Secures ₹27.06 Crore Work Order from Goa Labour Welfare Board for End-to-End Online Portal Development

NSE

railtel

BSE

543265

RailTel Corporation of India Limited has received a work order worth ₹27.06 crore (including taxes) from the Goa Labour Welfare Board for the development of an Exclusive End-to-End Online Portal. The domestic project is scheduled for execution by 23 August 2026.

PRICE-SENSITIVE TRIGGER

Event: Receipt of a major work order from the Goa Labour Welfare Board.

Type: Order Win

Impact: Positive

Immediate Effect: The order strengthens RailTel’s project execution pipeline and reinforces its presence in the government digital transformation and e-governance segment.

Key Metrics:

  • Order Value: ₹27,06,04,323 (Including Taxes)
  • Customer: Goa Labour Welfare Board
  • Execution Deadline: 23 August 2026
  • Order Type: Development of an Exclusive End-to-End Online Portal
  • Date of Receipt: 29 June 2026
  • Time of Receipt: 4:00 PM

Highlight:

  • RailTel has secured a ₹27.06 crore domestic digital infrastructure project for developing an end-to-end online portal for the Goa Labour Welfare Board.
What Happened ?

RailTel Corporation of India Limited has received a work order from the Goa Labour Welfare Board for the development of an Exclusive End-to-End Online Portal.

The contract covers the design, development, and implementation of a comprehensive online platform for the Board. The project is to be completed by 23 August 2026, adding another government technology project to RailTel’s order book.

Key Details

Project Scope:

  • Development of an Exclusive End-to-End Online Portal.
  • Customer is the Goa Labour Welfare Board.
  • Project awarded by a domestic government entity.
  • Focused on digital enablement and online service delivery.

Contract Information:

  • Total work order value is ₹27,06,04,323, including taxes.
  • Order received on 29 June 2026 at 4:00 PM.
  • Scheduled completion date is 23 August 2026.

Business Significance:

  • Strengthens RailTel’s e-governance project portfolio.
  • Expands execution opportunities in public-sector digital transformation.
  • Adds to the company’s order pipeline with a government-backed contract.

Note:

  • The company confirmed that the order is not a related-party transaction, and neither the promoters nor promoter group have any interest in the awarding entity.
Risk Analysis

Summary:

  • Execution risk remains limited as the project has a defined scope and timeline. Successful delivery within schedule will be important for revenue recognition and maintaining execution credibility.

Key Risks:

  • Timely completion before the contractual deadline.
  • Project implementation and integration risks.
  • Possible execution delays typical of government technology projects.
  • Revenue recognition depends on project milestones.

Worst Case:

  • Delays in execution or implementation could postpone revenue recognition and impact project delivery schedules.

Risk Level: Low

Company Commentary
  • RailTel has received a major work order from the Goa Labour Welfare Board.
  • The project involves development of an Exclusive End-to-End Online Portal.
  • The order has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The transaction is not a related-party transaction.

Official Exchange Filing: RailTel Corporation of India Limited

Support our work by sharing

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top