Rites Ltd Share Price

Q: What is the share price of Rites Ltd today?

Rites Ltd share price as on 31 Jan 2025 is ₹261.4

Miscellaneous - Medium / Small

NSE: RITES Small Cap ISIN: INE320J01015

As on 31 January 2025 at 14:09 IST

₹261.40

+ 3.05

(1.18%)

Sell Buy

About Rites Ltd

RITES Ltd, established in 1974, stands as a prominent transport consultancy and engineering firm in India. Operating from its headquarters in the city of Gurgaon, Haryana, the company has cultivated extensive expertise across multiple transport infrastructure domains. RITES Ltd’s comprehensive service portfolio encompasses transport infrastructure consultancy and railway inspection services. They also manage airport construction projects and provide specialised industrial services. As a public sector enterprise under the Ministry of Railways, the company benefits from strong government backing. It serves as the export arm of Indian Railways for rolling stock. Read More...

Over 1 Month

-3.29%

Over 6 Months

-31.56%

Over 1 Year

-28.35%

Over 3 Years

88.26%

Rites Ltd Summary

Close ₹ 261.40

Open ₹ 259.55

High ₹ 265.80

Low ₹ 257.20

Volume 18,78,187

Net Turnover (in ₹ Cr) ₹ 30.51

52Wk High ₹ 412.98

52Wk Low ₹ 243.15

52Wk High / Low

243.15

412.98

Rites Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 12,416.40

EPS (TTM) 7.68

Book Value (BV) 51.60

Div. Yield 3.48 %

P/E (TTM) 33.67

Price/Book Value 5.01

Delivery % 23.74 %

Face Value 10

Key Ratios

PE Ratio 35.15

PB Ratio 6.37

EV to Sales 5.58

PEG Ratio -2.44

ROA 16.74

ROE 18.13

Debt-Equity -

Net Profit Margin 19.64

Operating Profit Margin 28.24

Rites Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,538.97	2,730.02	2,745.28	2,005.02	2,734.51
Total Expenses	1,874.08	1,957.07	2,010.90	1,413.54	1,867.82
Profit Before Tax	670.36	773.92	735.10	592.55	874.35
Profit After Tax	495.20	570.97	538.58	444.21	633.26
Operating Profit after Depreciation	669.60	779.98	741.63	597.49	873.61

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	535.25	554.97	559.84	584.44	590.48
Total Non Current Assets	1,150.50	1,140.31	1,160.89	1,023.48	916.71
Total Current Assets	4,510.94	4,832.02	4,661.58	4,809.81	5,017.87
TOTAL ASSETS	5,661.44	5,972.33	5,822.47	5,833.29	5,934.58
Total Shareholder's Fund	2,609.01	2,603.78	2,488.64	2,391.97	2,633.27

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	431.56	559.81	309.63	515.70	317
Net Cash used in Investing Activities	-314.79	162.80	61.82	194.42	49.97
Net Cash used in Financing Activities	-504.08	-483.16	-376.17	-708.28	-419.03

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,438.92	2,638.78	2,661.16	1,947.55	2,665.05
Total Expenses	1,842.05	1,930.24	1,986.60	1,385.20	1,842.44
Profit Before Tax	596.87	708.54	674.56	562.35	822.61
Profit After Tax	454.11	530.54	497.10	424.35	596.39
Operating Profit after Depreciation	601.57	715.16	679.52	565.19	825.65

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	374.50	391.84	392.47	412.91	411.95
Total Non Current Assets	1,038.36	1,032.94	1,034.83	885.07	774.16
Total Current Assets	4,399.07	4,719.73	4,562.64	4,746.19	4,973.11
TOTAL ASSETS	5,437.43	5,752.67	5,597.47	5,631.26	5,747.27
Total Shareholder's Fund	2,506.87	2,503.04	2,399.26	2,321.93	2,576.62

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	314.52	471.47	291.09	468.18	266.81
Net Cash used in Investing Activities	-220.87	182.57	78.81	209.85	89.29
Net Cash used in Financing Activities	-460.85	-438.39	-361.59	-691.92	-399.16

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	575.76	540.86	485.76	643.25	682.89
Total Expenses	458.42	434.59	379.98	467.27	513.98
Profit Before Tax	144.01	111.28	114.98	186.69	170.84
Profit After Tax	109.39	82.50	90.44	136.67	128.78
Operating Profit after Depreciation	161.03	128.64	130.44	202.74	187.68

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	544.53	510.39	453.78	606.18	652.88
Total Expenses	454.36	430.47	375.52	461.42	508.55
Profit Before Tax	122.87	108.08	86.45	164.08	154.71
Profit After Tax	94.99	85.96	64.86	123.07	118.57
Operating Profit after Depreciation	137.41	123.13	99.62	177.74	169.18

Rites Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 253.12

S2 247.88

S3 243.57

Pivot 257.43

R1 262.67

R2 266.98

R3 272.22

Moving Average

20 SMA 267.66

50 SMA 280.51

100 SMA 297.27

200 SMA 321.02

Rites Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Rites Ltd

₹1.9/Share

Announcement Date 31 Jan 2025

Record Date 01 Feb 2025

Div Yield 19%

Rites Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Rites Ltd	₹258.60	₹12,428.41
GMR Airports Ltd	₹71.19	₹75,169.35
Sagility India Ltd	₹47.73	₹22,343.98
International Gemmological Institute (India) Ltd	₹508.70	₹21,983.96
OneSource Specialty Pharma Ltd	₹1,626.05	₹18,607.87
Equinox India Developments Ltd	₹146.60	₹9,330.66

Rites Ltd News

Board of RITES recommends Third Interim Dividend

Of Rs.1.90 per share

28 Jan 2025, 02:03 pm

RITES to hold board meeting

On 28 January 2025

17 Jan 2025, 10:27 am

Rites bags order worth Rs 70 cr from SAIL

Rites said that it has secured a locomotive repair order worth Rs 69.78 crore from Steel Authority of India (SAIL) for its Bhilai Plant in Chhattisgarh.

03 Jan 2025, 08:07 am

RITES wins work order of Rs 69.78 cr

02 Jan 2025, 07:23 pm

Rites secures public works project in Guyana

01 Jan 2025, 03:43 pm

Rites Ltd Stock Analysis

Annual revenue for Rites Ltd decreased by 7.57% to ₹2,438.92 crore in FY 2024 from ₹2,638.78 crore in FY 2023.
Annual Net Profit for Rites Ltd decreased by 14.41% to ₹454.11 crore in FY 2024 from ₹530.54 crore in FY 2023.
Promoter Shareholding in Rites Ltd remains unchanged by 0.00% in the most recent quarter, from 72.20% in September 2024 to 72.20% in December 2024.
Rites Ltd delivered a 1-year return of -28.35% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Rites Ltd share price moved up by 1.18% from its previous close of INR ₹258.35. The latest Rites Ltd share price is INR ₹261.40.
Rites Ltd share price today has been at a low of 257.20 and a high of 265.80. Over the past 52 weeks, the Rites Ltd share price has seen a low of 243.15 and a high of 412.98.

About Rites Ltd

RITES Ltd, established in 1974, stands as a prominent transport consultancy and engineering firm in India. As a public sector enterprise under the Ministry of Railways, the company benefits from strong government backing. It serves as the export arm of Indian Railways for rolling stock.

Operating from its headquarters in Gurgaon, Haryana, RITES Ltd has cultivated extensive expertise across multiple transport infrastructure domains. The company’s comprehensive service portfolio encompasses transport infrastructure consultancy and railway inspection services. They also manage airport construction projects and provide specialised industrial services.

The company’s registered office is located at Scope Minar, Laxmi Nagar, Delhi. Meanwhile, the registrar’s office is situated at Beetal House Near Dada Harsukhdas Mandir. A team of managerial promoters oversees the company’s diverse operations. They include

Rahul Mithal
Arun Kumar Singh
Laxman Tammanna Tapashi
Likha Togu
Sandeep Jain

Being government-promoted, RITES Ltd maintains substantial promoter shareholding through the Government of India. This means the President owns about 72.20% stake, reinforcing its position as a trusted public sector enterprise.

What distinguishes RITES Ltd is its versatile approach to transport infrastructure development. Their services play a crucial role in enhancing transport systems domestically and internationally. It is not necessarily the market leader in terms of capitalization or market share. However, the company has established itself as a reliable provider of comprehensive transport infrastructure solutions.

The organisation’s expertise spans various facets of the engineering and consultancy sector. Their experience positions them well to deliver high-quality solutions across their project portfolio. As a result, RITES Ltd continues to contribute to transport infrastructure development in India and beyond.

How RITES is Revolutionising Indian Railway Infrastructure

RITES Limited is a transportation infrastructure consulting company. It is playing a pivotal role in revolutionising Indian railway infrastructure. As a Navratna and Schedule ‘A’ Central Public Sector Enterprise under the Ministry of Railways, the firm has been instrumental in shaping the transport landscape in India. With a rich legacy, RITES Ltd has undertaken projects in over 55 countries, showcasing its expertise in various sectors. This includes railways, highways, metros, tunnels, bridges and green mobility.

One of the key areas where RITES is making a significant impact is the development of metro projects. The company recently signed a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC). It is to collaborate on metro projects in India and abroad. This partnership aimed to leverage the strengths of both organisations. As a result, it allowed the company to manage and maintain metro systems. It also helped it provide world-class urban transit solutions. RITES and DMRC seek to tap into growing opportunities in the metro sector by pooling resources and expertise.

RITES is also expanding its international presence in the railway sector. The company recently secured a major international contract for the supply, commissioning, and one-year onsite warranty of an overhauled in-service Cape Gauge 3100 HP diesel-electric locomotive. This contract was awarded by Tsiko Africa Logistics (Pty) Limited. It demonstrates RITES' expertise in railway engineering and logistics. As a result, RITES is expanding its global footprint. The company is also contributing to the development of railway infrastructure in other countries.

RITES is actively involved in various railway infrastructure projects in India. The company is working on high-speed passenger corridors and railway electrification. It is also working on the production units and workshop modernization. These projects are aimed at enhancing the efficiency, safety, and sustainability of the Indian railway.

RITES is focusing on sustainability and green mobility. The company is offering integrated solutions for sustainable infrastructure. This includes the development of low-carbon transportation systems. The firm is adopting innovative systems and technologies. As a result, it is contributing to the transition towards a greener and more sustainable future. This commitment to sustainability is evident in its projects. For instance, the leasing of locomotives to Adani Port for the transportation of raw materials and the export of ‘Make in India’ 3000 HP Cape Gauge AC-AC locomotives to Mozambique.

RITES’ approach to innovation and transformation is driving its success in the railway sector. The company is continuously innovating and adopting new systems to meet the evolving needs of the industry. This has ensured the timely execution of projects and fostered cooperation and collaboration. As a result, RITES is delivering high-quality solutions and services. The company’s market capitalization and recognition as a Navratna enterprise are testaments to its high-quality solutions and services.

Overall, RITES is revolutionising Indian railway infrastructure through its expertise in metro projects and various railway infrastructure projects. The company is committed to sustainability, innovation, and execution. This is driving its success and contributing to the development of a more efficient and sustainable railway network in India. With its strategic partnerships and global presence, RITES is well-positioned to continue making a major impact on the transport landscape in India and beyond.