Oriental Rail Infrastructure Limited has appointed Mr. Najmuddin S Mithiborwala as its Chief Strategy and Investor Relations Officer (CSIRO) and Senior Management Personnel (SMP) with immediate effect. The Board of Directors approved the appointment on July 01, 2026, based on the recommendation of the Nomination and Remuneration Committee. This strategic move aims to bolster the company's stakeholder engagement and long-term strategic direction within the railway infrastructure sector.

Mr. Najmuddin Saleh Mithiborwala is a third-generation entrepreneur and a member of the promoter family of Oriental Rail Infrastructure Limited. He brings cross-functional experience across sales, operations, manufacturing, and business management, specifically within the automotive components and railway sectors. His appointment is expected to leverage his deep understanding of the company's operations and customer relationships.

Appointment Details

The appointment was formalized during a Board meeting held on Wednesday, July 01, 2026, which concluded at 3:40 P.M. IST. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular.

The table below outlines the key particulars of the appointment:

Mr. Mithiborwala has been closely associated with the company's strategic initiatives, developing a comprehensive understanding of its business and manufacturing operations. The company stated that his familiarity with the evolving railway infrastructure sector positions him well to support its strategic priorities and stakeholder engagement.

Oriental Rail Infrastructure reported its audited financial results for the quarter and financial year ended March 31, 2026, demonstrating a robust annual performance with significant growth in profitability. The Board of Directors approved the results at its meeting held on May 27, 2026, and recommended a dividend of ₹0.10 per equity share for FY26, subject to shareholder approval.

Annual Financial Performance

For the financial year ended March 31, 2026, the company recorded a consolidated net profit of ₹4,224.00 crore, a substantial increase from ₹2,921.59 crore in the previous year. Total income for the year stood at ₹5,798.45 crore, compared to ₹6,081.94 crore in FY25. Revenue from operations for FY26 was ₹5,733.49 crore, slightly lower than the ₹6,022.16 crore reported in the prior year.

The following table summarises the key consolidated financial metrics for the financial year:

Quarterly Performance and Order Book

In the quarter ended March 31, 2026, consolidated net profit more than doubled to ₹1,187.59 crore from ₹537.38 crore in the same quarter of the previous year. Revenue for Q4FY26 increased to ₹1,534.76 crore from ₹1,402.08 crore in Q4FY25. The company reported an EBITDA of ₹237.00 crore for the quarter, with an EBITDA margin expanding to 15.42% from 12.50% year-on-year.

Oriental Rail Infrastructure, along with its subsidiary Oriental Foundry Private Limited, currently holds total orders amounting to ₹1,739.80 crore. The Statutory Auditors, M/s. Anil Bansal & Associates, Chartered Accountants, have issued an audit report with an unmodified opinion on the financial results.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE457G01029/e9701c8e-1d27-421c-a9ad-ba4a651d3306.pdf