Raminfo Consortium Wins ₹4.74 Billion e-Governance Deal, Strengthens Order Book

Unknown Apr 02, 2026 5 Views

Hyderabad digital-transformation solutions provider Raminfo Ltd. announced Wednesday that it has secured a ₹4.74 billion (≈ US $57 million) turnkey order from a north-Indian state government to implement and support an integrated set of citizen services. The five-year contract—announced late Monday in a regulatory filing—is for end-to-end software, edge hardware, and onsite support for 4,000 village service centers. Raminfo will be the lead systems integrator, and two smaller partners will supply connectivity hardware and field-service manpower. Management expects mobilization to start in July, with revenue recognition from Q2 FY26.

Key Highlights

Value of contract: ₹4.74 billion; Raminfo's share approximated at around ₹2.9 billion during the contract period.
Scope: Cloud-native citizen-services stack building, biometric verification, real-time grievance dashboards, and predictive-analytics layer.
Tenure: 60 months—36 months implementation and 24 months O&M.
Margin effect: Company's guidance of 18–20 % EBITDA margin on its holding, over FY25 consolidated margin of 14 %.
Order book boost: Victory pushes Raminfo's outstanding order book over ₹9 billion, delivering 3.2× FY25 revenue visibility.
Recruitment: ~250 technology professionals to be recruited; 40 % of the positions for local talent based on project conditions.

Funding: Available ₹600 million bank facilities should finance the working capital needs and a proposed vendor-financing facility. • Strategic fit: Reinforces Raminfo's leadership in mission-mode e-governance post Rajasthan MVU and Gujarat tele-health success.

The stocks closed 6 % higher at ₹128 on the BSE after volumes exceeded four times the 30-day average as traders embraced the order size and revenue guarantee of multiple years.

Source: Raminfo Ltd. exchange filing under Regulation 30 (BSE code: 530951), 17 Jun 2025.

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