When is the next results date for Rites?

No Upcoming Board Meetings

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.

Are Rites latest results good or bad?

RITES' latest results show strong profitability with a 34.57% increase in net profit and improved operating margins, but revenue growth is modest at just 1.46%, raising concerns about long-term growth potential. Investors should be cautious despite the positive profit figures.

RITES' latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹98.21 crore, which is a significant increase of 34.57% year-on-year. Additionally, the operating margin improved to 23.62%, reflecting effective cost management with a notable rise of 397 basis points from the previous year.<BR><BR>However, revenue growth has been relatively modest, with a year-on-year increase of only 1.46%, indicating challenges in driving top-line expansion. While the quarter-on-quarter performance shows a more encouraging trend with a 12.05% increase in net sales from the previous quarter, this recovery follows a notably weak first quarter.<BR><BR>Overall, while profitability metrics are strong, the stagnation in revenue growth raises concerns about the company’s long-term growth trajectory. Investors may need to exercise caution given these structural challenges, despite the positive profit figures and margin improvements.

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.

Should I buy, sell or hold Rites?

Has Rites declared dividend?

Rites Ltd. has declared a 20% dividend, with an ex-date of November 14, 2025, and a dividend yield of 3.01%. The company's total returns have varied across periods, showing positive growth over the long term despite recent fluctuations.

Rites Ltd. has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Ex-date: 14 Nov 25<BR><BR>Dividend Yield: 3.01%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, Rites Ltd. experienced a price return of -2.02%, a dividend return of 1.84%, resulting in a total return of -0.18%.<BR><BR>Over the past 6 months, the company had a price return of 5.15%, a dividend return of 2.00%, leading to a total return of 7.15%.<BR><BR>For the 1-year period, Rites Ltd. saw a price return of -9.1%, a dividend return of 2.88%, culminating in a total return of -6.22%.<BR><BR>In the 2-year span, the price return was 7.62%, with a dividend return of 8.18%, resulting in a total return of 15.8%.<BR><BR>Over the last 3 years, the company achieved a price return of 33.71%, a dividend return of 20.87%, and a total return of 54.58%.<BR><BR>In the 4-year period, Rites Ltd. recorded a price return of 67.02%, a dividend return of 44.57%, leading to a total return of 111.59%.<BR><BR>Finally, in the last 5 years, the price return was 97.58%, with a dividend return of 57.75%, resulting in a total return of 155.33%.<BR><BR>Overall, Rites Ltd. has declared a significant dividend while showing varying total returns across different periods, indicating a mixed performance in terms of price and dividends over time. The positive total returns in longer periods suggest a strong recovery and growth potential despite recent fluctuations.

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.

Which are the latest news on Rites?

Why is Rites falling/rising?

As of 04-Dec, Rites Ltd. is experiencing a decline in its stock price, currently at 229.20, reflecting a lack of investor confidence due to poor long-term growth and underperformance against benchmarks. Despite a high dividend yield, the stock's bearish trend and reduced investor interest contribute to its falling price.

As of 04-Dec, Rites Ltd. is experiencing a decline in its stock price, currently at 229.20, which reflects a change of -2.45 (-1.06%). This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has shown poor performance relative to the benchmark Sensex, with a year-to-date decline of -21.44% compared to the Sensex's gain of +9.12%. Over the past month, Rites has also underperformed, with a decrease of -8.03% against the Sensex's increase of +2.16%. This trend indicates a lack of investor confidence in the stock's future performance.<BR><BR>Additionally, Rites is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by -19.04% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite having a high dividend yield of 3.38%, which could attract some investors, the company's long-term growth prospects appear weak. Net sales have only grown at an annual rate of 2.56% over the last five years, and operating profit growth has been even lower at 0.59%. Furthermore, the company's recent financial results have been flat, with cash and cash equivalents at their lowest and a low debt-to-equity ratio indicating limited financial leverage.<BR><BR>Overall, the combination of poor long-term growth, underperformance relative to benchmarks, declining investor interest, and flat recent results contribute to the stock's falling price.