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RITES NSEI:RITES Stock Report

Last Price

₹273.65

Market Cap

₹132.0b

7D

0.3%

1Y

15.9%

Updated

21 Nov, 2024

Data

Company Financials +

RITES Stock Overview

Provides design, engineering consultancy, and project management services in the field of railways, highways, airports, metros, ports, ropeways, urban transport, inland waterways, and renewable energy. More details

RITES fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends2/6

RITES Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RITES
Historical stock prices
Current Share Price₹273.65
52 Week High₹412.98
52 Week Low₹230.85
Beta0.15
11 Month Change-5.65%
3 Month Change-16.01%
1 Year Change15.92%
33 Year Change94.35%
5 Year Change95.50%
Change since IPO220.73%

Recent News & Updates

RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

Nov 09
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

Recent updates

RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

Nov 09
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00

Sep 11
RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00

RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

Sep 06
RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00

Aug 17
RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00

RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50

Aug 03
RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50

A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

May 26
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return

Apr 02
Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return

RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings

Feb 23
RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings

Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%

Feb 05
Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%

RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement

Jan 05
RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement

Return Trends At RITES (NSE:RITES) Aren't Appealing

Dec 12
Return Trends At RITES (NSE:RITES) Aren't Appealing

Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

Oct 28
Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

Aug 31
The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

RITES' (NSE:RITES) Dividend Is Being Reduced To ₹3.75

Jul 31
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹3.75

A Look At The Fair Value Of RITES Limited (NSE:RITES)

Jul 13
A Look At The Fair Value Of RITES Limited (NSE:RITES)

RITES (NSE:RITES) Is Achieving High Returns On Its Capital

May 01
RITES (NSE:RITES) Is Achieving High Returns On Its Capital

Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

Apr 05
Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

RITES (NSE:RITES) Is Paying Out A Larger Dividend Than Last Year

Nov 17
RITES (NSE:RITES) Is Paying Out A Larger Dividend Than Last Year

The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

Nov 01
The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

Is RITES (NSE:RITES) A Risky Investment?

Sep 30
Is RITES (NSE:RITES) A Risky Investment?

Shareholder Returns

RITESIN Professional ServicesIN Market
7D0.3%-0.3%0.3%
1Y15.9%32.3%27.3%

Return vs Industry: RITES underperformed the Indian Professional Services industry which returned 32.3% over the past year.

Return vs Market: RITES underperformed the Indian Market which returned 27.3% over the past year.

Price Volatility

Is RITES's price volatile compared to industry and market?
RITES volatility
RITES Average Weekly Movement5.9%
Professional Services Industry Average Movement6.8%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.0%

Stable Share Price: RITES has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: RITES's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19741,809Rahul Mithalwww.rites.com

RITES Limited, together with its subsidiaries, provides design, engineering consultancy, and project management services in the field of railways, highways, airports, metros, ports, ropeways, urban transport, inland waterways, and renewable energy. The company operates through five segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and Spares; Turnkey Construction Projects; and Power Generation. It is involved in the engineering design and survey, feasibility studies, detailed design and consultancy, project management consultancy, technical audit, third party inspection, quality assurance, construction supervision, and leasing and export of locomotives and rolling stock; turnkey construction; and maintenance and operational facilities such as smart yards, coaching, and freight maintenance depots.

RITES Limited Fundamentals Summary

How do RITES's earnings and revenue compare to its market cap?
RITES fundamental statistics
Market cap₹132.02b
Earnings (TTM)₹3.98b
Revenue (TTM)₹23.53b

33.0x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RITES income statement (TTM)
Revenue₹23.53b
Cost of Revenue₹16.31b
Gross Profit₹7.22b
Other Expenses₹3.23b
Earnings₹3.98b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.29
Gross Margin30.67%
Net Profit Margin16.93%
Debt/Equity Ratio0%

How did RITES perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

95%

Payout Ratio

Does RITES pay a reliable dividends?

See RITES dividend history and benchmarks
When do you need to buy RITES by to receive an upcoming dividend?
RITES dividend dates
Ex Dividend DateNov 14 2024
Dividend Pay DateDec 06 2024
Days until Ex dividend8 days
Days until Dividend pay date14 days

Does RITES pay a reliable dividends?

See RITES dividend history and benchmarks