Rites
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Rites share price

Rites Ltd.

NSE: RITES BSE: 541556 SECTOR: Engineering  215k   1k   190

308.05
+0.75 (0.24%)
NSE: Today, 11:54 AM

Price Summary

Today's High

₹ 313.9

Today's Low

₹ 306.8

52 Week High

₹ 412.98

52 Week Low

₹ 216.15

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

₹ 14805 Cr.

Enterprise Value

₹ 11744.46 Cr.

No. of Shares

48.06 Cr.

P/E

34.99

P/B

5.26

Face Value

₹ 10

Div. Yield

5.86 %

Book Value (TTM)

₹  58.51

CASH

₹ 3060.54 Cr.

DEBT

₹ 0 Cr.

Promoter Holding

72.2 %

EPS (TTM)

₹  8.8

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 19 Indices.

NIFTY500

Nifty 500
23595.55
  -140.150000000001 (-0.590460782702851%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
20736.5
  -128.200000000001 (-0.614434906804318%)

NIFTYSMALL

NIFTY Smallcap 100
19180.8
  -121.25 (-0.628171619076734%)

NIFTYSMALLCAP250

Nifty Smallcap 250
18366.85
  -100.800000000003 (-0.545819311065576%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
16569.15
  -98.3499999999985 (-0.59007049647517%)

NIFTYTOTALMCAP

NIFTY Total Market
13309.3
  -77.0500000000011 (-0.575586324875721%)

NFT500EQUAL

Nifty 500 Equal Weight
15059.8
  82.5399999999991 (0.551102137507131%)

NFTSMLCAP250Q50

Nifty Smallcap250 Quality 50
30813.12
  315.869999999999 (1.03573273000024%)

NFTSML250MOMQ100

Nifty Smallcap250 Momentum Quality 100 index
53585.98
  485.340000000004 (0.914000283235761%)

NYMIDSML400MQ100

Nifty MidSmallcap400 Momentum Quality 100 Index
54936.43
  177.550000000003 (0.32423964843693%)

SMLCAP

Bse SmallCap
57017.99
  -206.870000000003 (-0.361503724080758%)

BSE500

Bse 500
37196.43
  -195.93 (-0.523984043799319%)

BSEPSU

Bse PSU
20754.92
  -43.8000000000029 (-0.210589882454315%)

INDSTR

Bse Industrials
15721.74
  -71.6200000000008 (-0.453481716366888%)

MSL400

Bse 400 MidSmallCap Index
12747.4
  -71.7299999999996 (-0.559554353532565%)

ALLCAP

Bse Allcap
10899.91
  -54.3299999999999 (-0.495972335826123%)

SML250

Bse 250 SmallCap Index
7444.34
  -46.9899999999998 (-0.627258444094703%)

CPSE

Bse CPSE
4166.26
  -14.6700000000001 (-0.350878871447269%)

S&P MIDSMLCAP

Bse MidSmallCap
14138.14
  93.119999999999 (0.6630108038294%)

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

47.07

Interest Cover Ratio

127.9936

CFO/PAT (5 Yr. Avg.)

0.724106789637521

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 72.2 0
Jun 2024 72.2 0
Mar 2024 72.2 0
Dec 2023 72.2 0
Sep 2023 72.2 0
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 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 503.67 549.27 652.88 606.18 453.78
Total Expenditure 377.41 438.54 508.55 461.42 375.52
Operating Profit 126.26 110.73 144.33 144.76 78.26
Other Income 17.69 51.4 24.85 32.98 21.36
Interest 0.92 1.43 1.88 0.47 1.05
Depreciation 13.95 11.7 12.59 13.19 12.12
Exceptional Items 0 0 0 0 0
Profit Before Tax 129.08 149 154.71 164.08 86.45
Tax 33.2 32.41 36.14 41.01 21.59
Profit After Tax 95.88 116.59 118.57 123.07 64.86
Adjusted EPS (Rs) 2 2.43 2.47 2.56 1.35

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 informs about press release9 Oct 2024, 9:49AM RITES signs MoU with Etihad Rail9 Oct 2024, 9:30AM RITES receives LOA from Ntokoto Rail Holdings8 Oct 2024, 9:50AM RITES signs MoU with DMRC3 Oct 2024, 3:20PM RITES informs about receipt of order1 Oct 2024, 11:02AM RITES receives LoA from Tsiko Africa Logistics 1 Oct 2024, 9:22AM RITES secures order worth Rs 100 crore from APSEZ27 Sep 2024, 2:25PM RITES Consortium emerges as Lowest Bidder in tender floated by Delhi Metro Rail Corporation 27 Sep 2024, 12:08PM Rites informs about AGM proceedings 13 Sep 2024, 12:55PM RITES informs about receipt of order6 Sep 2024, 11:23AM RITES emerges as lowest bidder in tender floated by UP State Bridge Corporation6 Sep 2024, 9:29AM Rites informs about press release4 Sep 2024, 4:13PM RITES inks MoU with NBCC4 Sep 2024, 3:19PM RITES emerges as lowest bidder in tender floated by Tanzania Railways Corporation31 Aug 2024, 4:18PM Rites informs about award of order 31 Aug 2024, 3:15PM Rites informs about press release21 Aug 2024, 3:10PM RITES signs MoU with HUDCO6 Aug 2024, 9:42AM RITES receives LoI from GSECL 5 Aug 2024, 9:26AM RITES reports 24% fall in Q1 consolidated net profit31 Jul 2024, 4:47PM Rites - Quaterly Results31 Jul 2024, 1:59PM Rites - Quaterly Results31 Jul 2024, 1:59PM Rites - Quaterly Results31 Jul 2024, 1:59PM RITES signs MoU with NHAI 30 Jul 2024, 9:19AM RITES receives LoI from Directorate of Medical Education & Research, Mumbai25 Jul 2024, 3:08PM Rites informs about award of order16 Jul 2024, 10:01AM RITES receives LoA worth Rs 50.18 crore 16 Jul 2024, 9:38AM RITES informs about compliance certificate9 Jul 2024, 12:30PM RITES inks MoU with Damodar Valley Corporation15 Jun 2024, 11:22AM RITES signs MoU with Delhi Metro Rail Corporation 13 Jun 2024, 6:00PM RITES informs about press release13 Jun 2024, 5:25PM RITES inks MoU with Andal Diesel Shed12 Jun 2024, 10:46AM Rites informs about press release12 Jun 2024, 10:36AM RITES receives LoA from Tata Steel 7 Jun 2024, 9:42AM RITES reports marginal fall in Q4 consolidated net profit28 May 2024, 4:14PM Rites - Quaterly Results28 May 2024, 2:42PM Rites - Quaterly Results28 May 2024, 2:42PM Rites - Quaterly Results28 May 2024, 2:42PM RITES informs about analyst meet24 May 2024, 4:58PM RITES inks pact with Bangladesh Railway for supplying 200 passenger coaches 21 May 2024, 9:25AM RITES receives letter of acceptance from Bangladesh Railway30 Apr 2024, 9:37AM RITES inks MoU with Ultratech Cement26 Apr 2024, 11:08AM RITES signs MoU with DVC for rail infra works25 Apr 2024, 9:48AM RITES inks MoU with IIT-Madras6 Apr 2024, 11:16AM Rites informs about change in management1 Apr 2024, 3:49PM Rites informs about analyst meet27 Mar 2024, 3:41PM RITES opens new Branch office in UAE27 Mar 2024, 12:28PM RITES informs about investors meet20 Mar 2024, 12:07PM RITES gets LoA from National Small Industries Corporation18 Mar 2024, 3:11PM Rites informs about cessation1 Mar 2024, 5:16PM Rites informs about investor meeting 22 Feb 2024, 12:19PM

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 307.3. 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 34.9073642838481 which is high and comparatively overvalued .

  • Share Price: - The current share price of Rites is Rs 307.3. 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 5.8489 %.

  • 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 8.8033 . 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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