RITES Ltd
RITESRITES Ltd
RITES![](https://assets.tickertape.in/sector-icons/industrials.png)
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Price Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
35.63 | 5.97 | 2.67% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
52.46 | 7.59 | 0.46% |
Forecast & Ratings
Detailed Forecast from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Rites Limited is an engineering and consultancy company. The Company offers transport infrastructure consultancy, engineering and project management services
Investor Presentation
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Compare with peersOne 97 Communications Ltd
Indegene Ltd
Kfin Technologies Ltd
SIS Ltd
Sanghvi Movers Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,428.52 | 1,561.37 | 1,650.98 | 2,247.84 | 2,742.17 | 2,006.09 | 2,746.00 | 2,730.99 | 2,544.44 | 2,544.59 | ||||||||||
Raw Materials | 0.00 | 0.00 | 112.79 | 222.54 | 248.61 | 332.61 | 478.01 | 98.66 | 1,808.71 | 1,808.86 | ||||||||||
Power & Fuel Cost | 4.67 | 4.64 | 4.69 | 4.46 | 4.74 | 4.09 | 4.02 | 4.46 | ||||||||||||
Employee Cost | 341.80 | 417.00 | 458.76 | 487.09 | 520.97 | 483.08 | 517.25 | 508.50 | ||||||||||||
Selling & Administrative Expenses | 298.24 | 193.49 | 202.49 | 89.05 | 84.63 | 63.15 | 89.01 | 109.57 | ||||||||||||
Operating & Other expenses | 228.11 | 389.78 | 291.95 | 665.95 | 952.02 | 469.89 | 844.26 | 1,147.95 | ||||||||||||
EBITDA | 555.70 | 556.46 | 580.30 | 778.75 | 931.20 | 653.27 | 813.45 | 861.85 | 735.73 | 735.73 | ||||||||||
Depreciation/Amortization | 36.99 | 38.26 | 36.34 | 38.39 | 47.27 | 51.87 | 65.61 | 66.69 | 60.66 | 60.66 | ||||||||||
PBIT | 518.71 | 518.20 | 543.96 | 740.36 | 883.93 | 601.40 | 747.84 | 795.16 | 675.07 | 675.07 | ||||||||||
Interest & Other Items | 1.20 | 13.69 | 25.33 | 10.31 | 9.58 | 8.85 | 12.74 | 21.24 | 4.71 | 4.71 | ||||||||||
PBT | 517.51 | 504.51 | 518.63 | 730.05 | 874.35 | 592.55 | 735.10 | 773.92 | 670.36 | 670.36 | ||||||||||
Taxes & Other Items | 178.87 | 176.13 | 176.15 | 260.54 | 258.25 | 160.17 | 218.73 | 231.88 | 214.96 | 214.96 | ||||||||||
Net Income | 338.64 | 328.38 | 342.48 | 469.51 | 616.10 | 432.38 | 516.37 | 542.04 | 455.40 | 455.40 | ||||||||||
EPS | 10.84 | 10.51 | 10.96 | 16.69 | 24.64 | 17.64 | 21.49 | 22.56 | 18.95 | 18.95 | ||||||||||
DPS | 5.44 | 6.06 | 4.40 | 10.20 | 16.00 | 13.00 | 17.00 | 20.50 | 18.00 | 19.00 | ||||||||||
Payout ratio | 0.50 | 0.58 | 0.40 | 0.61 | 0.65 | 0.74 | 0.79 | 0.91 | 0.95 | 1.00 |
Company Updates
Peers & Comparison
IndustrialsBusiness Support Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
RITES Ltd | 35.63 | 5.97 | 2.67% |
One 97 Communications Ltd | -20.78 | 2.27 | — |
Indegene Ltd | — | 13.92 | — |
Kfin Technologies Ltd | 53.47 | 15.12 | 0.74% |
Price Comparison
Compare RITES with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.44%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding RITES Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.9605% | Percentage of the fund’s portfolio invested in the stock 0.56% | Change in the portfolio weight of the stock over the last 3 months -0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 82/230 (-7) |
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI PSU FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3964% | Percentage of the fund’s portfolio invested in the stock 1.74% | Change in the portfolio weight of the stock over the last 3 months -1.55% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/32 (-15) |
Aditya Birla Sun Life PSU Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3024% | Percentage of the fund’s portfolio invested in the stock 0.96% | Change in the portfolio weight of the stock over the last 3 months -0.43% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 28/45 (-3) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
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
Dividend/Share
₹4.75
Ex DateEx Date
Feb 9, 2024
Cash Dividend
Ex DateEx DateNov 8, 2023
Dividend/Share
₹4.50
Ex DateEx Date
Nov 8, 2023
Cash Dividend
Ex DateEx DateSep 8, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Sep 8, 2023
Cash Dividend
Ex DateEx DateAug 7, 2023
Dividend/Share
₹3.75
Ex DateEx Date
Aug 7, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Feb 17, 2023
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
RITES will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live
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
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
RITES gains 6 on signing MoU with Delhi Metro share soars 79 in 1 yr
![](https://pocket-image-cache.com/direct?url=http://bsmedia.business-standard.com/_media/bs/img/article/2023-07/03/thumb/featurecrop/400X400/1688373016-3372.jpg)
Worst (And Best) Stocks Of Small- And Mid-Cap Selloff
![](https://pocket-image-cache.com/direct?url=http://media.assettype.com/bloombergquint%2F2023-12%2F10fac50f-d4b5-469b-9e5f-d7fc757c15a3%2FBSE_Source_Vijay_Sartape_NDTV_Profit.jpg?rect=0%2C0%2C1248%2C655&w=1200&auto=format%2Ccompress&ogImage=true)
RITES eyes high-margin consultancy businesses, hopeful of export orders materialising soon
![](https://pocket-image-cache.com/direct?url=http://bl-i.thgim.com/public/incoming/qbd1jl/article67157645.ece/alternates/LANDSCAPE_1200/NDBL-3-29-11-22.jpg)
RITES, IRFC ink pact to work in transport infrastructure sector
![](https://pocket-image-cache.com/direct?url=http://img.etimg.com/thumb/msid-102178492,width-1070,height-580,imgsize-40224,overlay-economictimes/photo.jpg)
Rites Ltd jumps 2% on receiving order from National Railways of Zimbabwe for supply of rolling stock
![](https://pocket-image-cache.com/direct?url=http://images.moneycontrol.com/static-mcnews/2023/06/market_up_higher-1-770x433.jpg)
RITES sees export orders picking up in latter half of this fiscal
![](https://pocket-image-cache.com/direct?url=http://bl-i.thgim.com/public/incoming/56cef1/article66870586.ece/alternates/LANDSCAPE_1200/NDBL-2-29-11-22.jpg)
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 2.51%, vs industry avg of 12.74%
Decreasing Market Share
Over the last 5 years, market share decreased from 12.23% to 7.17%