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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
RITES Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹281.00 |
| 52 Week High | ₹412.98 |
| 52 Week Low | ₹240.00 |
| Beta | 0.16 |
| 1 Month Change | 2.29% |
| 3 Month Change | -24.71% |
| 1 Year Change | 15.35% |
| 3 Year Change | 116.74% |
| 5 Year Change | 96.92% |
| Change since IPO | 229.35% |
Recent News & Updates
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)
Nov 28
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75
Nov 09Recent updates
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)
Nov 28RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75
Nov 09RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00
Sep 11RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why
Sep 06RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00
Aug 17RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50
Aug 03A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)
May 26Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return
Apr 02RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings
Feb 23Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%
Feb 05RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement
Jan 05Return Trends At RITES (NSE:RITES) Aren't Appealing
Dec 12Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)
Oct 28The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested
Aug 31RITES' (NSE:RITES) Dividend Is Being Reduced To ₹3.75
Jul 31A Look At The Fair Value Of RITES Limited (NSE:RITES)
Jul 13RITES (NSE:RITES) Is Achieving High Returns On Its Capital
May 01Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)
Apr 05RITES (NSE:RITES) Is Paying Out A Larger Dividend Than Last Year
Nov 17The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested
Nov 01Shareholder Returns
| RITES | IN Professional Services | IN Market | |
|---|---|---|---|
| 7D | -5.2% | -1.6% | -2.1% |
| 1Y | 15.4% | 34.9% | 22.5% |
Return vs Industry: RITES underperformed the Indian Professional Services industry which returned 34.9% over the past year.
Return vs Market: RITES underperformed the Indian Market which returned 22.5% over the past year.
Price Volatility
| RITES volatility | |
|---|---|
| RITES Average Weekly Movement | 5.7% |
| Professional Services Industry Average Movement | 6.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | 1,809 | Rahul Mithal | www.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
| RITES fundamental statistics | |
|---|---|
| Market cap | ₹135.05b |
| Earnings (TTM) | ₹3.98b |
| Revenue (TTM) | ₹23.53b |
33.9x
P/E Ratio5.7x
P/S RatioIs RITES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 30.67% |
| Net Profit Margin | 16.93% |
| Debt/Equity Ratio | 0% |
How did RITES perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield95%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
RITES Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Antique Stockbroking Ltd. |
| Kunal Sheth | Batlivala & Karani Securities India Pvt. Ltd. |
| Shreyans Mehta | Equirus Securities Private Limited |