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RITES Ltd

RITES

RITES Ltd

RITES
IndustrialsBusiness Support Services
SmallcapWith a market cap of ₹16,225 cr, stock is ranked 400
High RiskStock is 4.19x as volatile as Nifty
667.151.19% (-8.05)
667.151.19% (-8.05)

Price Chart

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1D
1W
1M
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5Y
Max
SIP
IndustrialsBusiness Support Services
SmallcapWith a market cap of ₹16,225 cr, stock is ranked 400
High RiskStock is 4.19x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsBusiness Support Services
SmallcapWith a market cap of ₹16,225 cr, stock is ranked 400
High RiskStock is 4.19x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
35.635.972.67%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
52.467.590.46%

Forecast & Ratings

Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Rites Limited is an engineering and consultancy company. The Company offers transport infrastructure consultancy, engineering and project management services

Investor Presentation

View older 

Jul 28, 2023

PDF
View Older Presentations

Peers

Compare with peers 
Compare with Peers

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Forecasts

Price

Revenue

Earnings

Price Forecast

2023
Current
₹667.15
Baseline
Forecast for Jul 2025
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2023
Current
₹667.15
Baseline
Forecast for Jul 2025
High
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₹—
Low
₹—

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Revenue Forecast

2024
Current
₹2.54
Baseline
Forecast for Mar 2025
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All values in ₹ Thousand cr.

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2024
Current
₹2.54
Baseline
Forecast for Mar 2025
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₹—
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₹—

All values in ₹ Thousand cr.

Earnings Per Share Forecast

2024
Current
₹18.95
Baseline
Forecast for Mar 2025
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₹—
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₹—
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₹—

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2024
Current
₹18.95
Baseline
Forecast for Mar 2025
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₹—
Median
₹—
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₹—

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Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 2.51%, vs industry avg of 12.74%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 12.23% to 7.17%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,428.521,561.371,650.982,247.842,742.172,006.092,746.002,730.992,544.442,544.59
Raw Materialssubtract0.000.00112.79222.54248.61332.61478.0198.661,808.711,808.86
Power & Fuel Costsubtract4.674.644.694.464.744.094.024.46
Employee Costsubtract341.80417.00458.76487.09520.97483.08517.25508.50
Selling & Administrative Expensessubtract298.24193.49202.4989.0584.6363.1589.01109.57
Operating & Other expensessubtract228.11389.78291.95665.95952.02469.89844.261,147.95
Depreciation/Amortizationsubtract36.9938.2636.3438.3947.2751.8765.6166.6960.6660.66
Interest & Other Itemssubtract1.2013.6925.3310.319.588.8512.7421.244.714.71
Taxes & Other Itemssubtract178.87176.13176.15260.54258.25160.17218.73231.88214.96214.96
EPS10.8410.5110.9616.6924.6417.6421.4922.5618.9518.95
DPS5.446.064.4010.2016.0013.0017.0020.5018.0019.00
Payout ratio0.500.580.400.610.650.740.790.910.951.00
See Costs

EPS and DPS in ₹. Other numbers except Payout Ratio in ₹ cr

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual report

PDF
FY 2021

Annual report

PDF
FY 2022

Annual report

PDF

Investor Presentation

May 26PDF
May 25PDF
Feb 8PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

May 18PDF
Feb 9PDF
Nov 10PDF
Jul 28PDF
FY 2024

Annual Report Pending

Investor Presentation

Jul 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBusiness Support Services

Valuation

Technical

Forecast

ScreenerCompare valuation on Screener

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
RITES Ltd35.635.972.67%
One 97 Communications Ltd-20.782.27—
Indegene Ltd—13.92—
Kfin Technologies Ltd53.4715.120.74%

Price Comparison

Compare RITES with any stock or ETF
Compare RITES with any stock or ETF
RITES
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.44%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding72.20%3.32%7.47%3.50%13.51%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun3.38%3.45%3.98%3.21%4.18%3.50%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding RITES Ltd

Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
1.9605%0.56%-0.10%82/230 (-7)
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI PSU FUND DIRECT PL GROWTH

Growth
0.3295%1.74%-1.55%26/32 (-15)
Aditya Birla Sun Life PSU Equity Fund - Growth - Direct Plan

Growth
0.3024%0.96%-0.43%28/45 (-3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.67%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹26.66 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateFeb 9, 2024

Interim 3
Interim 3 | Div/Share: ₹4.75

Dividend/Share

₹4.75

Ex DateEx Date

Feb 9, 2024

Cash Dividend

Ex DateEx DateNov 8, 2023

Interim 2
Interim 2 | Div/Share: ₹4.50

Dividend/Share

₹4.50

Ex DateEx Date

Nov 8, 2023

Cash Dividend

Ex DateEx DateSep 8, 2023

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Sep 8, 2023

Cash Dividend

Ex DateEx DateAug 7, 2023

Interim 1
Interim 1 | Div/Share: ₹3.75

Dividend/Share

₹3.75

Ex DateEx Date

Aug 7, 2023

Cash Dividend

Ex DateEx DateFeb 17, 2023

Interim 3
Interim 3 | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Feb 17, 2023

News & Opinions
Corporate
Rites wins a hospital and medical college project in Amravati

RITES has received the LOI for the work of Project Management Consultancy (PMC) on turnkey basis for Construction of New Government Medical College of 100 Student Capacity & 430 Bedded Hospital at Amravati, Maharashtra by Directorate of Medical Education & Research, Mumbai. The estimated project cost including PMC fees is estimated to be Rs. 321.30 crore excluding GST. Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
RITES to declare Quarterly Result

RITES will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Rites fixes record date for first interim dividend

Rites has fixed 07 August 2024 as record date for first interim dividend for the F.Y 2024-25, if declared by the Board.Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Rites receives LoA for Rs 50 cr from PWRD, Govt. of Assam

Rites announced that Public Works Roads Department (PWRD), Government of Assam has given the Letter of Acceptance for Consultancy Services for Third Party Monitoring & Quality Control for 47 Roads (Length 996.70 km) across Assam under Asom Mala 2.0 for the year 2023-24. The value of the contract is Rs 50.18 crore. Powered by Capital Market - Live

1 week agoCapital Market - Live

RITES gains 6 on signing MoU with Delhi Metro share soars 79 in 1 yr

1 month agoBusiness Standard

Worst (And Best) Stocks Of Small- And Mid-Cap Selloff

4 months agoBloomberg Quint

RITES eyes high-margin consultancy businesses, hopeful of export orders materialising soon

11 months agoThe Hindu Businessline

RITES, IRFC ink pact to work in transport infrastructure sector

1 year agoEconomic Times

Rites Ltd jumps 2% on receiving order from National Railways of Zimbabwe for supply of rolling stock

1 year agoMoneycontrol

RITES sees export orders picking up in latter half of this fiscal

1 year agoThe Hindu Businessline