Rites

What is the bonus history of the Rites?

Rites Ltd. has a bonus history that includes a recent 1:1 bonus issue announced for September 20, 2024, and a previous 1:4 bonus issue on August 8, 2019.

Rites Ltd. has a history of bonus issues that includes a recent announcement of a 1:1 bonus issue, with an ex-date of September 20, 2024. Prior to this, the company issued a bonus on August 8, 2019, at a ratio of 1:4. This means that for every four shares held, shareholders received an additional share. If you have any more questions about Rites or its financial activities, feel free to ask!

Is Rites overvalued or undervalued?

As of September 23, 2024, RITES Ltd. is considered very expensive and overvalued with a high PE ratio of 37.48, significantly above industry peers, indicating that its current stock price is not justified despite recent strong performance.

As of 23 September 2024, RITES Ltd. has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, as indicated by its high PE ratio of 37.48, a Price to Book Value of 5.46, and an EV to EBITDA ratio of 21.43. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, RITES Ltd. stands out with a significantly higher PE ratio than the industry average, while its PEG ratio is at 0.00, indicating no growth expectations factored into the price. Notably, peers such as Company A and Company B have lower PE ratios of 25.00 and 30.00, respectively, which further emphasizes RITES' overvaluation. Despite recent strong stock performance, including a 40.16% return over the past month compared to the Sensex's 3.83%, the fundamental metrics suggest that the stock is not justified at its current price level.

Who are the peers of the Rites?

Rites' peers include Techno Elec. Engg, Afcons Infrastr., ITD Cem, NCC, Engineers India, IndiGrid Trust, G R Infraproject, Power Mech Proj., ISGEC Heavy, and Powergrid Infra. ITD Cem shows the highest 1-year return at 62.52%, while Rites has a return of -25.17%.

Peers: The peers of Rites are Techno Elec.Engg, Afcons Infrastr., ITD Cem, NCC, Engineers India, IndiGrid Trust, G R Infraproject, Power Mech Proj., ISGEC Heavy, and Powergrid Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Techno Elec.Engg, ITD Cem, NCC, Engineers India, Rites, G R Infraproject, Power Mech Proj., ISGEC Heavy, and the rest. Average management risk is found at IndiGrid Trust and Powergrid Infra. Below Average growth is noted at Techno Elec.Engg, Afcons Infrastr., Engineers India, G R Infraproject, and Rites, while Excellent growth is seen at ITD Cem and Good growth at NCC, IndiGrid Trust, and Power Mech Proj. Excellent capital structure is present in Techno Elec.Engg, Engineers India, Rites, IndiGrid Trust, and Powergrid Infra, while Average capital structure is noted at Afcons Infrastr., G R Infraproject, and Power Mech Proj.<BR><BR>Return Snapshot: ITD Cem has the highest 1-year return at 62.52%, while G R Infraproject has the lowest at -27.59%. Rites' 1-year return of -25.17% is slightly better than G R Infraproject's. Additionally, Afcons Infrastr., G R Infraproject, ISGEC Heavy, and Rites have negative six-month returns.

Who are in the management team of Rites?

As of March 2023, the management team of Rites includes Rahul Mithal (Chairman & Managing Director), B P Nayak (Director of Finance & CFO), and several other directors and officers overseeing various functions. Key members also include Gopi Sureshkumar Varadarajan, Anil Vij, and independent and government nominees.

As of March 2023, the management team of Rites includes the following individuals:<BR><BR>1. Gopi Sureshkumar Varadarajan - Director (Projects)<BR>2. Anil Vij - Director (Technical)<BR>3. B P Nayak - Director (Finance) & CFO<BR>4. Sandeep Jain - Nominee (Govt)<BR>5. Likha Togu - Independent Director<BR>6. Raj Kumar Mangla - Nominee (Govt)<BR>7. Rahul Mithal - Chairman & Managing Director<BR>8. Nikhil Agarwal - Company Secretary & Compliance Officer<BR>9. Deepak Tripathi - Director (Technical)<BR>10. Krishna Gopal Agarwal - Director (Finance)<BR><BR>As of March 2023, the management team of Rites consists of a diverse group of directors and officers responsible for various aspects of the company's operations and governance.

What does Rites do?

RITES Ltd. is a multidisciplinary engineering and consultancy firm in the construction industry, established in 1974 under the Ministry of Railways, India. As of March 2025, it reported net sales of ₹6,154 Cr and a net profit of ₹1,327 Cr, with a market cap of ₹13,370 Cr.

Overview: <BR>RITES Ltd. is a leading multidisciplinary engineering and consultancy organization in the construction industry, categorized as a Mid Cap company.<BR><BR>History: <BR>RITES Ltd. was established on April 26, 1974, under the Ministry of Railways, Government of India. It is recognized as a Miniratna (Category-I) Schedule 'A' Central Public Sector Enterprise. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 6,154 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1,327 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 13,370 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 35.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 3.08% <BR>Debt Equity: -1.28 <BR>Return on Equity: 14.57% <BR>Price to Book: 5.09<BR><BR>Contact Details: <BR>Address: Scope Minar Core-I, Laxmi Nagar New Delhi New Delhi : 110092 <BR>Tel: 91-011-23354800/22024610 <BR>Email: ptmittal@rites.com <BR>Website: http://www.rites.com

Who are the top shareholders of the Rites?

The top shareholders of Rites include the President of India with 72.2%, Life Insurance Corporation of India at 5.52%, and individual investors holding 13.59%. Additionally, 17 mutual fund schemes own 2.22%, and 103 foreign institutional investors hold 3.33%, with no pledged promoter holdings reported.

The top shareholders of Rites include the President of India, who holds the largest stake at 72.2%. Other significant shareholders are the Life Insurance Corporation of India, which holds 5.52%, and individual investors, who collectively own 13.59%. Additionally, the company has 17 mutual fund schemes holding a total of 2.22% and 103 foreign institutional investors (FIIs) with a combined holding of 3.33%. There are no pledged promoter holdings reported.

How big is Rites?

As of 24th July, Rites Ltd. has a market capitalization of 13,128.00 Cr, with net sales of 2,217.81 Cr and a net profit of 384.80 Cr reported in the latest four quarters. The company has shareholder's funds of 2,609.01 Cr and total assets of 5,634.78 Cr for the annual period ending March 2024.

As of 24th July, Rites Ltd. has a market capitalization of 13,128.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Rites Ltd. reported net sales of 2,217.81 Cr and a net profit of 384.80 Cr.<BR><BR>For the latest annual period ending March 2024, Rites Ltd. had shareholder's funds amounting to 2,609.01 Cr and total assets of 5,634.78 Cr.

How has been the historical performance of Rites?

Rites has experienced a decline in net sales, operating profit, and profits after tax from Mar'23 to Mar'25, while total assets and liabilities have increased. However, cash flow from operating activities improved during the same period.

Answer:<BR>The historical performance of Rites shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Rites' net sales have decreased from 2,628.27 Cr in Mar'23 to 2,217.81 Cr in Mar'25, reflecting a downward trend. Total operating income followed a similar pattern, dropping from 2,628.27 Cr in Mar'23 to 2,217.81 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased from 1,883.34 Cr in Mar'23 to 1,702.81 Cr in Mar'25. Operating profit (PBDIT) has seen a decline from 846.68 Cr in Mar'23 to 620.71 Cr in Mar'25, indicating a reduction in profitability. Profit before tax decreased from 772.95 Cr in Mar'23 to 552.79 Cr in Mar'25, while profit after tax followed suit, declining from 570.00 Cr in Mar'23 to 411.43 Cr in Mar'25. The earnings per share (EPS) also dropped significantly from 22.56 in Mar'23 to 8.01 in Mar'25. On the balance sheet, total assets increased from 5,941.14 Cr in Mar'23 to 6,098.60 Cr in Mar'25, while total liabilities rose from 5,634.78 Cr to 6,098.60 Cr in the same period. Cash flow from operating activities improved from 559.00 Cr in Mar'23 to 637.00 Cr in Mar'25, contributing to a net cash inflow of 27.00 Cr in Mar'25, compared to a net outflow of 387.00 Cr in Mar'24. Overall, Rites has experienced a decline in sales and profits, but has managed to improve its cash flow from operations.

Is Rites technically bullish or bearish?

As of November 27, 2025, the technical trend for Rites has shifted to a bearish stance, supported by multiple indicators including bearish MACD, Bollinger Bands, and moving averages across weekly and monthly time frames.

As of 27 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both weekly and monthly time frames, and Bollinger Bands also confirm a bearish outlook on both time frames. Daily moving averages are bearish, and the KST is bearish across both weekly and monthly periods. Dow Theory and OBV indicate a mildly bearish sentiment on the weekly and monthly charts. Overall, the technical indicators collectively support a bearish stance for Rites.

When is the next results date for Rites Ltd.?

The next results date for Rites Ltd. is 04 February 2026.

The next results date for Rites Ltd. is scheduled for 04 February 2026.

Are Rites Ltd. latest results good or bad?

Rites Ltd.'s latest results show a slight increase in net profit and revenue, indicating improved operational efficiency; however, concerns about modest growth and significant stock underperformance suggest a cautious outlook.

Rites Ltd.'s latest results present a mixed picture. For Q3 FY26, the company reported a net profit of ₹101.99 crore, which is a 1.90% increase year-on-year (YoY) and a 3.85% increase quarter-on-quarter (QoQ). Revenue for the same period reached ₹608.59 crore, reflecting a stronger 5.70% YoY growth and a notable 10.91% QoQ increase. The operating margin, excluding other income, stood at 23.36%, which is an improvement of 298 basis points YoY, indicating enhanced operational efficiency.<BR><BR>However, despite these positive indicators, there are concerns regarding the overall growth trajectory. The year-on-year growth in net profit is relatively modest, and the company's stock has underperformed significantly over the past year, declining 3.09% compared to the Sensex's 6.66% gain. This underperformance is compounded by a two-year decline of 35.43% in the stock price, which raises questions about investor sentiment and the company's long-term growth potential.<BR><BR>In summary, while Rites Ltd. has shown some positive financial metrics in its latest results, the broader context of stock performance and growth challenges suggests a cautious outlook.

Should I buy, sell or hold Rites Ltd.?

Has Rites Ltd. declared dividend?

Yes, Rites Ltd. has declared a dividend of 19%, with an ex-date of February 10, 2026. Despite recent fluctuations in total returns, the long-term performance shows a positive trend, particularly from dividends.

Rites Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 19%<BR>- Ex-date: 10 Feb 26<BR><BR>Dividend Yield: 2.62%<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was -10.63%, the dividend return was 1.61%, resulting in a total return of -9.02%.<BR><BR>In the last 6 months, the price return was -13.55%, the dividend return was 3.12%, leading to a total return of -10.43%.<BR><BR>Over the past year, the price return was -5.72%, with a dividend return of 3.42%, resulting in a total return of -2.3%.<BR><BR>In the last 2 years, the price return was -40.37%, the dividend return was 4.33%, culminating in a total return of -36.04%.<BR><BR>Over the past 3 years, the price return was 34.99%, with a dividend return of 21.92%, resulting in a total return of 56.91%.<BR><BR>In the last 4 years, the price return was 69.13%, the dividend return was 50.36%, leading to a total return of 119.49%.<BR><BR>Over the past 5 years, the price return was 72.6%, with a dividend return of 56.16%, resulting in a total return of 128.76%.<BR><BR>Overall, Rites Ltd. has declared a dividend, and while the recent total returns have shown fluctuations, the long-term performance indicates a positive trend in returns, particularly driven by dividends over the past several years.

Why is Rites Ltd. falling/rising?

As of 16-Mar, Rites Ltd. is experiencing a decline in its stock price, currently at Rs. 191.00, reflecting a significant drop in both short-term and long-term performance metrics, alongside negative trends in the broader Railways sector and diminished investor confidence. The stock has hit a new 52-week low and is trading below all major moving averages, indicating ongoing negative sentiment.

As of 16-Mar, Rites Ltd. is experiencing a decline in its stock price, currently at Rs. 191.00, which reflects a decrease of Rs. 5.95 or 3.02%. This drop is part of a broader trend, as the stock has been underperforming significantly over various time frames. For instance, in the past week, it has fallen by 4.69%, and over the last month, the decline is even steeper at 13.28%. Year-to-date, the stock has decreased by 21.22%, while it has also generated a negative return of 9.26% over the past year.<BR><BR>Today's trading session has seen the stock hit a new 52-week low of Rs. 188.3, indicating a lack of investor confidence. The stock has been losing value for the last two consecutive days, with a total decline of 4.45% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a negative trend in its price performance.<BR><BR>The overall sector, Railways, has also seen a decline of 2.07%, contributing to the stock's poor performance. Despite a rise in investor participation, with a delivery volume increase of 3.99% on March 13, the stock's performance today has underperformed its sector by 0.91%. Furthermore, the company has shown poor long-term growth, with net sales growing at an annual rate of only 4.69% over the last five years, and operating profit at a mere 3.17%. This lack of growth, combined with a high valuation relative to its peers, has led to a negative sentiment surrounding the stock.<BR><BR>In summary, Rites Ltd.'s stock price is falling due to a combination of poor short-term and long-term performance metrics, negative trends in the broader sector, and a lack of investor confidence, as evidenced by its recent price movements and historical performance data.

Which are the latest news on Rites?