Rites
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Rites share price

Rites Ltd.

NSE: RITES BSE: 541556 SECTOR: Engineering  228k   1k   191

278.00
-2.05 (-0.73%)
BSE: Today, 03:32 PM

Price Summary

Today's High

₹ 281.75

Today's Low

₹ 278

52 Week High

₹ 413.08

52 Week Low

₹ 246.15

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 13360.78 Cr.

Enterprise Value

₹ 10300.24 Cr.

No. of Shares

48.06 Cr.

P/E

34.04

P/B

5.39

Face Value

₹ 10

Div. Yield

6.43 %

Book Value (TTM)

₹  51.6

CASH

₹ 3060.54 Cr.

DEBT

₹ 0 Cr.

Promoter Holding

72.2 %

EPS (TTM)

₹  8.17

Sales Growth

-8.24%

ROE

18.13 %

ROCE

24.02%

Profit Growth

-14.41 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 21 Indices.

NYMIDSML400MQ100

Nifty MidSmallcap400 Momentum Quality 100 Index
51770.45
  117.349999999999 (0.227188687610225%)

NFTSML250MOMQ100

Nifty Smallcap250 Momentum Quality 100 index
50362.85
  -52.7000000000044 (-0.104531240857242%)

NFT500MOQ50

Nifty500 Multicap Momentum Quality 50 index
45839.1
  331.650000000001 (0.728781770896858%)

NFTSMLCAP250Q50

Nifty Smallcap250 Quality 50
29647.65
  -65.9499999999971 (-0.221952237359313%)

NIFTY500

Nifty 500
22436.8
  34.0999999999985 (0.152213795658551%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
19914.35
  5.44999999999709 (0.0273746917207829%)

NIFTYSMALL

NIFTY Smallcap 100
18714.75
  -17.9000000000015 (-0.0955550869738198%)

NIFTYSMALLCAP250

Nifty Smallcap 250
17664.35
  -8.10000000000218 (-0.0458340524375656%)

NIF500LGMIDSML

Nifty500 LargeMidSmall Equal-Cap Weighted Index
17580.25
  13 (0.0740013377164894%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
15805.7
  16.7000000000007 (0.105769839761871%)

NFT500EQUAL

Nifty 500 Equal Weight
14162.5
  -6.25 (-0.0441111601235167%)

NIFTYTOTALMCAP

NIFTY Total Market
12665.7
  15.1500000000015 (0.119757638995943%)

SMLCAP

Bse SmallCap
54893.21
  -129.959999999999 (-0.236191408092257%)

BSE500

Bse 500
35265.03
  42.3799999999974 (0.120320305258126%)

BSEPSU

Bse PSU
19110.27
  54.2900000000009 (0.284897444266852%)

INDSTR

Bse Industrials
14968.7
  -17.3999999999996 (-0.116107593036208%)

MSL400

Bse 400 MidSmallCap Index
12120.29
  5.70000000000073 (0.0470507049763924%)

SML250

Bse 250 SmallCap Index
7049.73
  -3.40000000000055 (-0.0482055484586352%)

CPSE

Bse CPSE
3712.58
  6.94000000000005 (0.187282088923912%)

ALLCAP

Bse Allcap
10471.31
  71.0699999999997 (0.683349615008888%)

S&P MIDSMLCAP

Bse MidSmallCap
13523.19
  31.9400000000005 (0.236746039099422%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-8.24%
3 Year7.85%
5 Year3.26%

Profit Growth

1 Year-14.41%
3 Year2.29%
5 Year0.42%

ROE%

1 Year18.13%
3 Year20.28%
5 Year20.44%

ROCE %

1 Year24.02%
3 Year27.33%
5 Year27.67%

Debt/Equity

0

Price to Cash Flow

42.48

Interest Cover Ratio

127.9936

CFO/PAT (5 Yr. Avg.)

0.724106789637521

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 72.20 0.00
Jun 2024 72.20 0.00
Mar 2024 72.20 0.00
Dec 2023 72.20 0.00
Sep 2023 72.20 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 20.2771% over the past 3 years.
  • Company has been maintaining healthy ROCE of 27.3259% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 127.9936.
  • The Company has been maintaining an effective average operating margins of 22.41834% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of -1417.1092 days.
  • The company has a high promoter holding of 72.2%.

 Limitations

  • The company has shown a poor profit growth of 2.28507934144813% for the Past 3 years.
  • The company has shown a poor revenue growth of 7.8471621258108% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 549.27 652.88 606.18 453.78 510.39
Total Expenditure 438.54 508.55 461.42 375.52 430.47
Operating Profit 110.73 144.33 144.76 78.26 79.92
Other Income 51.4 24.85 32.98 21.36 43.21
Interest 1.43 1.88 0.47 1.05 2.42
Depreciation 11.7 12.59 13.19 12.12 12.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 149 154.71 164.08 86.45 108.08
Tax 32.41 36.14 41.01 21.59 22.12
Profit After Tax 116.59 118.57 123.07 64.86 85.96
Adjusted EPS (Rs) 2.43 2.47 2.56 1.35 1.79

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2400.57 1843.15 2575.16 2519.62 2312
Total Expenditure 1798.47 1337.55 1923.17 1864.24 1785.92
Operating Profit 602.1 505.6 651.99 655.38 526.08
Other Income 264.88 104.41 86 119.16 126.92
Interest 3.44 2.85 4.96 6.62 4.7
Depreciation 40.93 44.81 58.47 59.38 51.43
Exceptional Items 0 0 0 0 0
Profit Before Tax 822.61 562.35 674.56 708.54 596.87
Tax 226.22 138 177.46 178 142.76
Net Profit 596.39 424.35 497.1 530.54 454.11
Adjusted EPS (Rs.) 11.93 8.83 10.34 11.04 9.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 250 240.3 240.3 240.3 240.3
Total Reserves 2326.62 2081.63 2158.96 2262.74 2266.57
Borrowings 0 0 0 0 0
Other N/C liabilities 242.47 193.95 145.48 237.74 144.99
Current liabilities 2891.09 3075.78 3000.48 2950.28 2727.02
Total Liabilities 5710.18 5591.66 5545.22 5691.06 5378.88
Assets
Net Block 411.95 412.91 392.47 391.84 374.32
Capital WIP 4.45 15.48 58.01 94.8 173.72
Intangible WIP 0 0 0 0 0.18
Investments 179.87 202.75 152.75 127.75 127.75
Loans & Advances 117.62 162.85 244.08 266.7 287.3
Other N/C Assets 23.18 51.48 135.27 90.24 16.54
Current Assets 4973.11 4746.19 4562.64 4719.73 4399.07
Total Assets 5710.18 5591.66 5545.22 5691.06 5378.88
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 822.61 562.35 674.56 708.54 596.87
Adjustment -105.14 -80.41 44.15 7.51 -49.61
Changes in Assets & Liabilities -250.49 85.93 -251.76 -80.34 -38.54
Tax Paid -200.17 -99.69 -175.86 -164.24 -194.2
Operating Cash Flow 266.81 468.18 291.09 471.47 314.52
Investing Cash Flow 89.29 209.85 143.06 182.57 -220.87
Financing Cash Flow -399.16 -691.92 -425.84 -438.39 -460.85
Net Cash Flow -43.06 -13.89 8.31 215.65 -367.2

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 72.20 72.20 72.20 72.20 72.20
president of india 72.20 72.20 72.20 72.20 72.20
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 27.80 27.80 27.80 27.80 27.80
life insurance corporatio... 6.27 6.27 6.27 6.27 6.27
nippon life india trustee... 3.27 2.96 2.23 2.23 2.24
llp 0.06 0.06 0.04 0.03 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

RITES secures order worth Rs 122.60 crore 18 Dec, 9:30 AM RITES bags order worth Rs 297.67 crore 14 Dec, 10:38 AM RITES emerges as top scorer in major order from government of Guyana 9 Dec, 9:41 AM RITES secures order worth Rs 148.25 crore 6 Dec, 9:18 AM RITES inks MoU with National Institute of Solar Energy 21 Nov, 12:57 PM RITES reports 25% fall in Q2 consolidated net profit 6 Nov, 2:58 PM Rites - Quaterly Results 6 Nov, 1:54 PM Rites - Quaterly Results 6 Nov, 1:54 PM Rites - Quaterly Results 6 Nov, 1:54 PM RITES signs MoU with SAIL-Bokaro Steel Plant 30 Oct, 9:29 AM RITES receives LoA worth Rs 59.13 crore 28 Oct, 3:51 PM RITES enters into MoA with NMDC for rail connectivity works 23 Oct, 5:35 PM RITES receives order from Karnataka Mining Environment Restoration Corporation 23 Oct, 9:19 AM Rites informs about resignation of independent director 22 Oct, 5:21 PM RITES receives order from Andhra Pradesh Power Generation Corporation 21 Oct, 9:59 AM Rites informs about press release 9 Oct, 9:49 AM RITES signs MoU with Etihad Rail 9 Oct, 9:30 AM RITES receives LOA from Ntokoto Rail Holdings 8 Oct, 9:50 AM RITES signs MoU with DMRC 3 Oct, 3:20 PM RITES informs about receipt of order 1 Oct, 11:02 AM RITES receives LoA from Tsiko Africa Logistics 1 Oct, 9:22 AM RITES secures order worth Rs 100 crore from APSEZ 27 Sep, 2:25 PM RITES Consortium emerges as Lowest Bidder in tender floated by Delhi Metro Rail Corporation 27 Sep, 12:08 PM Rites informs about AGM proceedings 13 Sep, 12:55 PM RITES informs about receipt of order 6 Sep, 11:23 AM RITES emerges as lowest bidder in tender floated by UP State Bridge Corporation 6 Sep, 9:29 AM Rites informs about press release 4 Sep, 4:13 PM RITES inks MoU with NBCC 4 Sep, 3:19 PM RITES emerges as lowest bidder in tender floated by Tanzania Railways Corporation 31 Aug, 4:18 PM Rites informs about award of order 31 Aug, 3:15 PM Rites informs about press release 21 Aug, 3:10 PM RITES signs MoU with HUDCO 6 Aug, 9:42 AM RITES receives LoI from GSECL 5 Aug, 9:26 AM RITES reports 24% fall in Q1 consolidated net profit 31 Jul, 4:47 PM Rites - Quaterly Results 31 Jul, 1:59 PM Rites - Quaterly Results 31 Jul, 1:59 PM Rites - Quaterly Results 31 Jul, 1:59 PM RITES signs MoU with NHAI 30 Jul, 9:19 AM RITES receives LoI from Directorate of Medical Education & Research, Mumbai 25 Jul, 3:08 PM Rites informs about award of order 16 Jul, 10:01 AM RITES receives LoA worth Rs 50.18 crore 16 Jul, 9:38 AM RITES informs about compliance certificate 9 Jul, 12:30 PM RITES inks MoU with Damodar Valley Corporation 15 Jun, 11:22 AM RITES signs MoU with Delhi Metro Rail Corporation 13 Jun, 6:00 PM RITES informs about press release 13 Jun, 5:25 PM RITES inks MoU with Andal Diesel Shed 12 Jun, 10:46 AM Rites informs about press release 12 Jun, 10:36 AM RITES receives LoA from Tata Steel 7 Jun, 9:42 AM RITES reports marginal fall in Q4 consolidated net profit 28 May, 4:14 PM Rites - Quaterly Results 28 May, 2:42 PM

Rites Stock Price Analysis and Quick Research Report. Is Rites an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Rites stock price today is Rs 278.6. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Rites . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Rites has a PE ratio of 34.1170707812883 which is high and comparatively overvalued .

  • Share Price: - The current share price of Rites is Rs 278.6. One can use valuation calculators of ticker to know if Rites share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Rites has ROA of 8.2044 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Rites has a Current ratio of 1.6131 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Rites has a ROE of 18.1285 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Rites has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Rites has reported revenue growth of -8.2401 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Rites for the current financial year is 22.7543252595156 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Rites is Rs 18 and the yield is 6.4274 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Rites is Rs 8.166 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Rites in Ticker for free. Also, one can get the intrinsic value of Rites by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Rites

Rites Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis 

Rites Ltd. is a public sector undertaking (PSU) in India that was established in 1974. It is headquartered in Gurugram and has a presence in several countries across the globe. Rites Ltd. offers a wide range of services, including consulting, engineering, and project management. In this article, we will provide an in-depth analysis of Rites Ltd. stock, covering its share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, shareholders, and more.

Rites Ltd. Share Price

Rites Ltd. stock is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India. The stock has had a mixed performance over the past year, with fluctuations in price due to various factors, including changes in the infrastructure sector, economic conditions, and company-specific news. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions. 

Rites Ltd. Balance Sheet

Rites Ltd.'s balance sheet provides a snapshot of the company's financial position at a given point in time. It includes information about the company's assets, liabilities, and equity. The balance sheet is an important tool for investors to assess the financial health of a company and its ability to meet its financial obligations. Rites Ltd.'s balance sheet shows a healthy mix of assets, including fixed assets, investments, and cash and bank balances. The company has maintained a strong balance sheet over the past few years, indicating a sound financial position.

Rites Ltd. Annual Report

Rites Ltd.'s annual report provides a comprehensive overview of the company's performance over the past year. It includes information about the company's financial results, strategic initiatives, and risk management practices. The annual report is an important tool for investors to assess the company's long-term prospects and performance. Rites Ltd.'s annual report is available for download on our website.

Rites Ltd. Dividend

Rites Ltd. has a history of paying dividends to its shareholders. Dividends are a portion of the company's profits that are paid out to shareholders as a return on their investment. The dividend payout ratio is an important metric for investors to assess the company's dividend policy and financial health. Rites Ltd. has maintained a consistent dividend payout ratio over the past few years, indicating a commitment to returning value to shareholders.

Rites Ltd. Quarterly Result

Rites Ltd.'s quarterly results provide a snapshot of the company's financial performance over a three-month period. It includes information about the company's revenue, expenses, and net profit. The quarterly result is an important tool for investors to assess the company's short-term performance and its ability to meet its financial obligations. Rites Ltd.'s quarterly results are available for download on our website.

Rites Ltd. Stock Price

Rites Ltd.'s stock price is influenced by various factors, including market conditions, economic trends, and company-specific news. The stock price is an important metric for investors to assess the company's performance and long-term prospects. Our website provides pre-built screening tools to help investors analyze Rites Ltd.'s stock price and performance.

Rites Ltd. Price Chart

Rites Ltd.'s price chart provides a visual representation of the company's stock price over a given period. It includes information about the stock's opening and closing prices, as well as its high and low prices. The price chart is an important tool for investors to assess the company's stock performance and trends over time. Our website provides premium features tools, including DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont analysis, to help investors analyze Rites Ltd.'s performance and long-term prospects.

Rites Ltd. News

Rites Ltd.'s news section provides up-to-date information about the company's latest developments and announcements. It includes information about the company's strategic initiatives, partnerships, and regulatory updates. The news section is an important tool for investors to stay informed about the company's activities and potential impact on its stock price. Our website provides pre-built screening tools to help investors stay up-to-date with Rites Ltd.'s latest news and developments.

Rites Ltd. Concall

Rites Ltd.'s concall provides investors with an opportunity to listen to the company's management team discuss its financial results and strategic initiatives. The concall is an important tool for investors to gain insights into the company's operations and long-term prospects. Our website provides pre-built screening tools to help investors stay informed about Rites Ltd.'s upcoming concalls.

Rites Ltd. Transcripts

Rites Ltd.'s transcripts provide a written record of the company's concall and other investor events. The transcripts are an important tool for investors to review the company's discussions and gain insights into its operations and long-term prospects. Our website provides pre-built screening tools to help investors access Rites Ltd.'s transcripts and stay informed about the company's latest developments.

Rites Ltd. Investor Presentations

Rites Ltd.'s investor presentations provide a detailed overview of the company's operations, financial results, and strategic initiatives. The presentations are an important tool for investors to assess the company's long-term prospects and performance. Our website provides pre-built screening tools to help Investors access Rites Ltd.'s investor presentations and stay informed about the company's latest developments.

Rites Ltd. Promoters

Rites Ltd.'s promoters are the individuals or entities that hold a significant stake in the company. Promoters are important stakeholders in the company and have a significant influence on its operations and strategic initiatives. Our website provides pre-built screening tools to help investors stay informed about Rites Ltd.'s promoters and their stake in the company.

Rites Ltd. Shareholders

Rites Ltd.'s shareholders are the individuals or entities that own shares in the company. Shareholders have a vested interest in the company's performance and long-term prospects. Our website provides pre-built screening tools to help investors analyze Rites Ltd.'s shareholder structure and stay informed about the company's latest developments.

Rites Ltd. ROCE

Discover the Return on Capital Employed (ROCE) data for Rites Ltd. in the financials table or ratio section above. ROCE provides insights into the company's capital efficiency and profitability, reflecting its ability to generate returns from invested capital. By examining this ratio, investors can gauge the operational performance and value creation potential of Rites Ltd.

Rites Ltd. EBITDA

Find Rites Ltd.'s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) data in the financials table or ratio section above. EBITDA is a crucial indicator of the company's operational performance and cash flow generation. Analyzing Rites Ltd.'s EBITDA can provide valuable insights into its core profitability.

Rites Ltd. DPS

Explore the Dividends Per Share (DPS) data for Rites Ltd. in the financials table or ratio section above. DPS reflects the dividend distribution per share by the company, enabling investors to assess its dividend payment history and commitment to delivering value to shareholders.

Rites Ltd. EPS

Access the Earnings Per Share (EPS) data for Rites Ltd. in the financials table or ratio section above. EPS offers a view of the company's earnings potential on a per-share basis, allowing investors to evaluate its financial performance and profitability outlook.

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