- IN₹155.08bn
- IN₹120.09bn
- IN₹26.28bn
- 80
- 21
- 93
- 77
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 25.97 | ||
| PEG Ratio (f) | 1.43 | ||
| EPS Growth (f) | 22.11% | ||
| Dividend Yield (f) | 2.78% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 6.01 | ||
| Price to Tang. Book | 6.02 | ||
| Price to Free Cashflow | 198.54 | ||
| Price to Sales | 6.21 | ||
| EV to EBITDA | 18.2 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 20.52% | ||
| Return on Equity | 17.87% | ||
| Operating Margin | 23.96% | ||
Financial Summary
| Year End 31st Mar | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | IN₹m | 20,474.5 | 24,744.1 | 18,595.4 | 26,618.3 | 26,282.7 | 25,783.33 | 32,032.67 | 11.91% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +20.35 | +27.81 | -28.81 | +22.75 | +7.98 | -12.5 | +22.11 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
RITES Limited is an India-based engineering and consultancy company. The Company offers various services from concept to commissioning in transport infrastructure and related technologies. It operates through four segments: Consultancy Services, Leasing of railway rolling stock & equipment’s, Export of rolling stock, equipment’s and spares, and Turnkey Construction Projects. Its sectors of operation include Railways, Metros, Airports & Land Ports, Ports & Harbors, Highways, Ropeways, Tunnels & Bridges, Institutional Buildings, Renewable Energy, and Urban Planning & Infrastructure. It also provides services of Project Management Consultancy, Techno-Economic Feasibility, Detailed Project Report, Third Party Inspection, Transaction Advisory, Wet Leasing of Locomotives, Construction Supervision, Exports of Rolling Stock, Quality Assurance, Design Engineering Activities, and Sustainability Consultancy. Its subsidiaries are RITES (Afrika) (Pty) Limited and REMC Limited.
Directors
- Rahul Mithal CHM (54)
- Bibhu Nayak CFO
- Joshit Sikidar CCO
- Arbind Kumar EDR
- Sumit Sinha EDR (58)
- Gopi Varadarajan EDR
- Anil Vij EDR
- A. Arora OTH
- R. Bartarya OTH
- M. Chaudhary OTH
- Jeevan Gupta OTH
- K. Gupta OTH
- V. Jain OTH
- Rahul Jha OTH
- R. Prasad OTH
- G. Swaroop OTH
- P. Mittal SEC
- Sandeep Jain DRC
- Radhika Lokesh DRC (56)
- Geethakumary .. IND
- Anil Goel IND
- Dineshananda Goswami IND (63)
- Rajendra Goyal IND
- Satish Sareen IND
- Likha Togu IND
- Debidas Dutta NID
- Vinayshil Gautam NID (69)
- Godawari Mishra NID (63)
- Vinod Somani NID
- Laxman Tapashi NID (56)
- Last Annual
- March 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- April 26th, 1974
- Public Since
- July 2nd, 2018
- No. of Shareholders
- 114,138
- No. of Employees
- 1,710
- Sector
- Professional & Commercial Services
- Industry
- Industrials
- Exchange
National Stock Exchange of India- Shares in Issue
- 240,300,000
- Address
- Rites Bhawan,1, Sector 29, GURGAON, 122001
- Web
- https://rites.com/
- Phone
- +91 1242571666
- Auditors
- Pawan Puri & Associates
Upcoming Events for RITES
Q1 2025 RITES Ltd Earnings Release
RITES Ltd Annual Shareholders Meeting
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FAQ
What is the Rites share price?
As of Today at 19:18 UTC, shares in Rites are trading at IN₹645.35. This share price information is delayed by 15 minutes.
How has the Rites share price performed this year?
Shares in Rites last closed at IN₹645.35 and the price had moved by +84.65% over the past 365 days. In terms of relative price strength the Rites share price has outperformed the S&P BSE 100 Index by +43.22% over the past year.
What are the analyst and broker recommendations for Rites?
The overall consensus recommendation for Rites is Hold. You can view the full broker recommendation list by unlocking its StockReport.
What is the Rites dividend yield?
The Rites dividend yield is 2.94% based on the trailing twelve month period.
Does Rites pay a dividend?
Last year, Rites paid a total dividend of IN₹19.00, and it currently has a trailing dividend yield of 2.94%. We do not have any data on when Rites is to next pay dividends.
When does Rites next pay dividends?
We do not have data on when Rites is to next pay dividends. The historic dividend yield on Rites shares is currently 2.94%.
How do I buy Rites shares?
To buy shares in Rites you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Rites?
As of the previous close price of IN₹645.35, shares in Rites had a market capitalisation of IN₹155.08bn.
Where are Rites shares listed?
Here are the trading details for Rites:
- Country of listing: India
- Exchange: NSI
- Ticker Symbol: RITES
What kind of share is Rites?
Based on an overall assessment of its quality, value and momentum Rites is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Rites share price forecast for 2024?
The analyst consensus target price for shares in Rites is IN₹686.00. That is 6.3% above the last closing price of IN₹645.35.
Analysts covering Rites currently have a consensus Earnings Per Share (EPS) forecast of IN₹20.35 for the next financial year.
What is the trend in the Rites share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Rites. Over the past six months, its share price has outperformed the S&P BSE 100 Index by +12.26%.
As of the last closing price of IN₹645.35, shares in Rites were trading +18.47% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Rites PE Ratio?
The Rites PE ratio based on its reported earnings over the past 12 months is 25.97. The shares last closed at IN₹645.35.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Rites?
Rites' management team is headed by:
- Rahul Mithal - CHM
- Bibhu Nayak - CFO
- Joshit Sikidar - CCO
- Arbind Kumar - EDR
- Sumit Sinha - EDR
- Gopi Varadarajan - EDR
- Anil Vij - EDR
- A. Arora - OTH
- R. Bartarya - OTH
- M. Chaudhary - OTH
- Jeevan Gupta - OTH
- K. Gupta - OTH
- V. Jain - OTH
- Rahul Jha - OTH
- R. Prasad - OTH
- G. Swaroop - OTH
- P. Mittal - SEC
- Sandeep Jain - DRC
- Radhika Lokesh - DRC
- Geethakumary .. - IND
- Anil Goel - IND
- Dineshananda Goswami - IND
- Rajendra Goyal - IND
- Satish Sareen - IND
- Likha Togu - IND
- Debidas Dutta - NID
- Vinayshil Gautam - NID
- Godawari Mishra - NID
- Vinod Somani - NID
- Laxman Tapashi - NID