Nifty
:
23587.50
Sensex
:
78041.59
-364.20 (-1.52%)
-1176.46 (-1.49%)
Nifty
Sensex
:
:
23587.50
78041.59
-364.20 (-1.52%)
-1176.46 (-1.49%)

Rites Ltd.

Engineering

Rating :
N/A

BSE: 541556 | NSE: RITES

NSE BSE
281.00
20-Dec-2024
  • Open
  • High
  • Low
  • Previous Close
  •  291.30
  •  294.45
  •  278.10
  •  293.05
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1110492
  •  3177.03
  •  412.98
  •  245.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 13,485.74
  • 33.86
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 10,237.60
  • 6.41%
  • 5.22

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 72.20%
  • 1.59%
  • 12.31%
  • FII
  • DII
  • Others
  • 3.2%
  • 9.62%
  • 1.08%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.21
  • -0.17
  • -2.69

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.01
  • -0.51
  • -2.30

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.16
  • -5.63
  • -4.10

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 15.01
  • 17.35

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 3.43
  • 4.09

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 7.56
  • 10.04

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
9.48
8.13
10.64
13.03
P/E Ratio
30.69
35.79
27.33
22.31
Revenue
2444
2443
3014
3659
EBITDA
644
546
690
886
Net Income
455
409
514
636
ROA
7.8
10.6
11.8
12.1
P/Bk Ratio
5.36
4.27
4.88
4.65
ROE
17.47
15.17
18.31
21.29
FCFF
365.77
452.85
775.46
816.33
FCFF Yield
3.4
4.21
7.22
7.6

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Dec 23
Dec 22
Var%
Net Sales
540.86
582.36
-7.13%
485.76
544.35
-10.76%
643.25
686.81
-6.34%
682.89
677.34
0.82%
Expenses
434.59
444.52
-2.23%
379.98
382.94
-0.77%
467.27
495.23
-5.65%
513.98
484.24
6.14%
EBITDA
106.27
137.84
-22.90%
105.78
161.41
-34.47%
175.98
191.58
-8.14%
168.91
193.10
-12.53%
EBIDTM
19.65%
23.67%
21.78%
29.65%
27.36%
27.89%
24.73%
28.51%
Other Income
21.27
26.45
-19.58%
22.49
18.28
23.03%
24.43
18.82
29.81%
16.96
26.04
-34.87%
Interest
2.42
1.43
69.23%
1.05
0.92
14.13%
0.48
2.31
-79.22%
1.88
2.19
-14.16%
Depreciation
14.94
14.06
6.26%
14.41
16.07
-10.33%
15.57
16.63
-6.37%
14.96
18.52
-19.22%
PBT
110.18
148.80
-25.95%
112.81
162.70
-30.66%
184.36
191.46
-3.71%
169.03
198.43
-14.82%
Tax
28.78
40.11
-28.25%
24.54
42.97
-42.89%
50.02
52.24
-4.25%
42.06
52.21
-19.44%
PAT
81.40
108.69
-25.11%
88.27
119.73
-26.28%
134.34
139.22
-3.51%
126.97
146.22
-13.17%
PATM
15.05%
18.66%
18.17%
22.00%
20.88%
20.27%
18.59%
21.59%
EPS
1.52
2.10
-27.62%
1.64
2.25
-27.11%
2.62
2.75
-4.73%
2.50
2.91
-14.09%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
2,352.76
2,452.85
2,628.27
2,661.83
1,905.30
2,474.41
2,047.45
1,497.45
1,484.64
1,101.88
1,016.71
Net Sales Growth
-5.54%
-6.67%
-1.26%
39.71%
-23.00%
20.85%
36.73%
0.86%
34.74%
8.38%
 
Cost Of Goods Sold
36.21
61.18
187.33
628.84
53.58
343.38
126.69
153.15
252.59
137.95
80.20
Gross Profit
2,316.55
2,391.67
2,440.94
2,032.99
1,851.72
2,131.03
1,920.76
1,344.30
1,232.05
963.93
936.51
GP Margin
98.46%
97.51%
92.87%
76.38%
97.19%
86.12%
93.81%
89.77%
82.99%
87.48%
92.11%
Total Expenditure
1,795.82
1,808.71
1,883.35
1,938.04
1,355.66
1,813.63
1,471.39
1,080.49
1,126.62
737.64
689.47
Power & Fuel Cost
-
4.84
4.46
4.02
4.09
4.74
4.46
4.69
4.64
4.61
3.70
% Of Sales
-
0.20%
0.17%
0.15%
0.21%
0.19%
0.22%
0.31%
0.31%
0.42%
0.36%
Employee Cost
-
492.43
508.50
517.25
483.08
520.97
487.09
458.76
417.00
340.91
330.01
% Of Sales
-
20.08%
19.35%
19.43%
25.35%
21.05%
23.79%
30.64%
28.09%
30.94%
32.46%
Manufacturing Exp.
-
1,095.52
1,005.01
609.60
701.09
790.01
698.42
277.03
172.95
149.33
175.39
% Of Sales
-
44.66%
38.24%
22.90%
36.80%
31.93%
34.11%
18.50%
11.65%
13.55%
17.25%
General & Admin Exp.
-
104.33
93.89
76.47
65.58
85.49
83.56
74.87
204.84
69.84
65.35
% Of Sales
-
4.25%
3.57%
2.87%
3.44%
3.45%
4.08%
5.00%
13.80%
6.34%
6.43%
Selling & Distn. Exp.
-
16.02
27.80
23.76
8.34
9.68
14.83
9.53
12.79
4.88
10.29
% Of Sales
-
0.65%
1.06%
0.89%
0.44%
0.39%
0.72%
0.64%
0.86%
0.44%
1.01%
Miscellaneous Exp.
-
34.39
56.36
78.10
39.90
59.36
56.34
102.46
61.81
30.12
10.29
% Of Sales
-
1.40%
2.14%
2.93%
2.09%
2.40%
2.75%
6.84%
4.16%
2.73%
2.41%
EBITDA
556.94
644.14
744.92
723.79
549.64
660.78
576.06
416.96
358.02
364.24
327.24
EBITDA Margin
23.67%
26.26%
28.34%
27.19%
28.85%
26.70%
28.14%
27.84%
24.11%
33.06%
32.19%
Other Income
85.15
86.12
101.75
83.45
99.72
260.10
192.17
153.53
209.91
192.01
154.14
Interest
5.83
4.71
7.03
7.25
6.01
6.92
8.01
13.45
13.69
1.18
1.62
Depreciation
59.88
60.66
66.69
65.61
51.87
47.27
38.39
36.34
38.26
34.74
26.52
PBT
576.38
664.89
772.95
734.38
591.48
866.69
721.83
520.70
515.98
520.33
453.24
Tax
145.40
175.16
202.95
196.52
148.34
241.09
240.28
162.04
167.49
177.81
150.15
Tax Rate
25.23%
26.34%
26.26%
26.76%
25.08%
27.82%
33.29%
31.12%
32.46%
34.17%
33.13%
PAT
430.98
455.40
542.04
516.37
431.31
608.44
461.29
344.55
339.85
340.99
302.98
PAT before Minority Interest
390.83
495.20
570.97
538.58
443.14
625.60
481.55
358.66
348.49
342.52
303.09
Minority Interest
-40.15
-39.80
-28.93
-22.21
-11.83
-17.16
-20.26
-14.11
-8.64
-1.53
-0.11
PAT Margin
18.32%
18.57%
20.62%
19.40%
22.64%
24.59%
22.53%
23.01%
22.89%
30.95%
29.80%
PAT Growth
-16.13%
-15.98%
4.97%
19.72%
-29.11%
31.90%
33.88%
1.38%
-0.33%
12.55%
 
EPS
8.97
9.48
11.28
10.74
8.97
12.66
9.60
7.17
7.07
7.10
6.30

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 09
Mar 08
Shareholder's Funds
2,609.01
2,603.78
2,488.64
2,391.97
2,633.27
2,422.10
2,213.61
2,037.92
633.69
530.42
Share Capital
240.30
240.30
240.30
240.30
250.00
200.00
200.00
200.00
40.00
40.00
Total Reserves
2,368.71
2,363.48
2,248.34
2,151.67
2,383.27
2,222.10
2,013.61
1,837.92
593.69
490.42
Non-Current Liabilities
176.88
268.16
182.80
231.18
283.35
155.49
262.23
275.84
42.91
9.53
Secured Loans
0.00
0.00
16.98
24.64
32.59
39.93
47.65
75.76
71.54
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
72.39
49.58
Long Term Provisions
10.20
19.75
30.23
10.82
22.94
6.70
11.89
112.68
0.00
0.00
Current Liabilities
2,736.97
2,953.86
3,013.16
3,094.97
2,907.68
2,704.85
2,584.20
2,413.21
1,091.05
745.64
Trade Payables
219.86
302.11
181.09
296.38
135.78
198.66
77.09
73.11
153.27
119.98
Other Current Liabilities
2,448.97
2,573.70
2,744.91
2,700.82
2,686.56
2,437.34
2,401.37
2,189.55
773.34
488.95
Short Term Borrowings
0.00
0.00
0.00
0.07
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
68.14
78.05
87.16
97.70
85.34
68.85
105.74
150.55
164.44
136.71
Total Liabilities
5,634.78
5,941.14
5,790.56
5,806.28
5,905.78
5,354.09
5,116.81
4,771.07
1,745.63
1,311.94
Net Block
535.07
552.47
559.84
584.44
590.48
477.16
400.95
405.20
148.57
127.19
Gross Block
951.80
919.00
861.63
823.84
782.77
624.26
509.87
478.01
216.12
184.24
Accumulated Depreciation
416.73
366.53
301.79
239.40
192.29
147.10
108.92
72.81
67.54
57.05
Non Current Assets
1,123.84
1,109.12
1,128.98
996.47
887.91
808.48
800.69
939.56
311.91
215.54
Capital Work in Progress
173.90
100.54
58.11
15.49
4.45
3.91
1.96
4.86
163.26
88.28
Non Current Investment
109.37
104.85
128.88
178.15
148.94
142.08
134.03
136.13
0.07
0.07
Long Term Loans & Adv.
288.94
260.97
246.84
166.90
120.16
147.76
145.15
154.00
0.00
0.00
Other Non Current Assets
16.56
90.29
135.26
51.49
23.88
37.57
118.60
239.37
0.00
0.00
Current Assets
4,510.94
4,832.02
4,661.58
4,809.81
5,017.87
4,545.61
4,316.12
3,831.51
1,423.47
1,088.77
Current Investments
0.00
25.00
75.92
110.77
111.66
0.00
0.00
193.04
15.18
29.80
Inventories
4.93
30.91
118.75
286.16
10.67
104.93
9.38
50.42
52.54
29.71
Sundry Debtors
899.85
906.98
740.03
584.37
843.74
609.52
467.70
461.50
192.94
134.67
Cash & Bank
3,141.33
3,448.51
3,299.33
3,357.10
3,613.09
3,506.02
3,595.74
2,887.18
865.60
584.18
Other Current Assets
464.83
106.09
73.50
120.20
438.71
325.14
243.30
239.37
297.22
310.41
Short Term Loans & Adv.
352.95
314.53
354.05
351.21
351.03
160.26
143.82
88.93
275.28
281.57
Net Current Assets
1,773.97
1,878.16
1,648.42
1,714.84
2,110.19
1,840.76
1,731.92
1,418.30
332.42
343.13
Total Assets
5,634.78
5,941.14
5,790.56
5,806.28
5,905.78
5,354.09
5,116.81
4,771.07
1,745.63
1,311.93

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 09
Mar 08
Cash From Operating Activity
431.56
559.81
309.63
515.70
317.00
163.58
410.04
555.14
147.49
212.34
PBT
670.36
773.92
735.10
592.55
874.35
730.05
518.63
504.61
59.51
147.02
Adjustment
-0.85
33.53
55.94
-66.77
-98.61
-108.54
6.97
-76.94
-84.46
-7.49
Changes in Working Capital
-15.21
-65.13
-296.47
92.37
-248.89
-215.77
65.40
294.04
250.07
126.37
Cash after chg. in Working capital
654.30
742.32
494.57
618.15
526.85
405.74
591.00
721.71
225.13
265.90
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-222.74
-182.51
-184.94
-102.45
-209.85
-242.16
-180.96
-166.57
-77.64
-65.39
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
11.07
-15.00
52.96
183.76
38.37
136.87
-459.28
-57.93
-57.14
-49.96
Net Fixed Assets
-102.40
-93.59
-77.40
-52.05
-112.61
-110.11
-28.89
-135.17
-21.45
-32.75
Net Investments
25.00
75.92
84.90
-22.04
-110.72
0.17
193.07
-319.94
14.62
-62.65
Others
88.47
2.67
45.46
257.85
261.70
246.81
-623.46
397.18
-50.31
45.44
Cash from Financing Activity
-504.08
-483.16
-440.24
-708.28
-419.03
-278.82
-217.41
-214.92
134.80
14.31
Net Cash Inflow / Outflow
-61.45
61.65
-77.65
-8.82
-63.66
21.63
-266.65
282.29
225.16
176.69
Opening Cash & Equivalents
1,048.17
808.72
813.44
116.66
168.72
145.16
406.09
429.10
612.14
422.93
Closing Cash & Equivalent
660.86
1,048.17
808.72
118.50
116.66
168.72
145.16
713.17
863.62
612.14

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
54.29
54.18
103.56
99.54
105.33
96.88
88.54
81.52
150.67
130.36
ROA
8.56%
9.73%
9.29%
7.57%
11.11%
9.20%
7.25%
7.61%
8.50%
8.25%
ROE
19.00%
22.42%
22.07%
17.64%
24.75%
20.78%
16.87%
17.77%
19.51%
20.00%
ROCE
25.90%
30.52%
30.07%
23.44%
33.97%
30.80%
24.33%
25.68%
27.99%
28.40%
Fixed Asset Turnover
3.04
3.37
3.47
2.37
3.52
3.61
3.03
2.80
2.35
2.98
Receivable days
115.79
100.16
82.76
136.79
107.19
96.02
113.25
122.39
149.28
121.74
Inventory Days
2.30
9.10
25.30
28.43
8.53
10.19
7.29
7.60
9.37
18.62
Payable days
1557.04
470.74
138.57
1471.99
37.61
34.31
30.45
32.91
53.33
67.98
Cash Conversion Cycle
-1438.95
-361.48
-30.51
-1306.77
78.10
71.90
90.08
97.08
105.32
72.37
Total Debt/Equity
0.00
0.00
0.01
0.01
0.02
0.02
0.02
0.04
0.06
0.06
Interest Cover
143.33
111.09
102.39
99.42
126.24
91.12
39.71
38.69
441.96
280.78

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • RITES bags order worth Rs 297.67 crore
    14th Dec 2024, 10:38 AM

    The project is expected to be completed within a period of 59 months, including the defect liability period

    Read More
  • RITES emerges as top scorer in major order from government of Guyana
    9th Dec 2024, 09:41 AM

    Broad consideration or size of the order is $9,713,470 excluding taxes

    Read More
  • RITES secures order worth Rs 148.25 crore
    6th Dec 2024, 09:18 AM

    The said order is to be executed in 23 months

    Read More
  • RITES inks MoU with National Institute of Solar Energy
    21st Nov 2024, 12:57 PM

    Under this MoU, the company will provide QA services, while NISE will contribute through research, training, and technological support

    Read More
  • RITES reports 25% fall in Q2 consolidated net profit
    6th Nov 2024, 14:58 PM

    Total consolidated income of the company decreased by 7.67% at Rs 562.13 crore for Q2FY25

    Read More
  • RITES signs MoU with SAIL-Bokaro Steel Plant
    30th Oct 2024, 09:29 AM

    RITES will provide comprehensive services, including surveying, engineering, project monitoring, supervision and quality control

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  • RITES receives LoA worth Rs 59.13 crore
    28th Oct 2024, 15:51 PM

    The company has received the LoA on October 28, 2024 from U.P. State Bridge Corporation

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  • RITES enters into MoA with NMDC for rail connectivity works
    23rd Oct 2024, 17:35 PM

    This MoA marks a strategic collaboration aimed at developing, upgrading, and creating rail connectivity for NMDC’s mines and related facilities across locations

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  • RITES receives order from Karnataka Mining Environment Restoration Corporation
    23rd Oct 2024, 09:19 AM

    Broad consideration or size of the order is Rs 453.99 crore excluding GST

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  • RITES receives order from Andhra Pradesh Power Generation Corporation
    21st Oct 2024, 09:59 AM

    Broad consideration or size of the order is Rs 53.5 crore excluding GST

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  • RITES signs MoU with Etihad Rail
    9th Oct 2024, 09:30 AM

    MoU aims to explore cooperation and synergise strengths in developing railways and related infrastructure services in the UAE and wider region

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  • RITES receives LOA from Ntokoto Rail Holdings
    8th Oct 2024, 09:50 AM

    Broad consideration or size of the order is $5.40 Million (CIF)

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  • RITES signs MoU with DMRC
    3rd Oct 2024, 15:20 PM

    Through this MoU, both organizations will combine their strengths to identify, secure, and execute metro projects in India and abroad

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  • RITES receives LoA from Tsiko Africa Logistics
    1st Oct 2024, 09:22 AM

    Broad consideration or size of the order(s)/contract(s) is $4.28 million

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  • RITES secures order worth Rs 100 crore from APSEZ
    27th Sep 2024, 14:25 PM

    The order is to be executed within 5 years from the effective date i.e. November 1, 2024

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  • RITES Consortium emerges as Lowest Bidder in tender floated by Delhi Metro Rail Corporation
    27th Sep 2024, 12:08 PM

    The estimated value of the bid is around Rs 87.58 crore including GST

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