RITES Stock Overview
RITES Limited, together with its subsidiaries, provides consultancy, engineering, and project management services in the field of railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
RITES Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹686.25 |
| 52 Week High | ₹825.95 |
| 52 Week Low | ₹364.80 |
| Beta | 0.11 |
| 1 Month Change | 4.47% |
| 3 Month Change | 0.22% |
| 1 Year Change | 76.32% |
| 3 Year Change | 189.13% |
| 5 Year Change | 249.63% |
| Change since IPO | 302.16% |
Recent News & Updates
Recent updates
Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return
Apr 02
RITES 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 01Is RITES (NSE:RITES) A Risky Investment?
Sep 30RITES (NSE:RITES) Is Achieving High Returns On Its Capital
Jul 23Earnings Update: RITES Limited Beat Earnings And Now Analysts Have New Forecasts For This Year
May 27Are Investors Undervaluing RITES Limited (NSE:RITES) By 49%?
May 13RITES (NSE:RITES) Knows How To Allocate Capital Effectively
Jan 06Robust Earnings May Not Tell The Whole Story For RITES (NSE:RITES)
Nov 18Investors Met With Slowing Returns on Capital At RITES (NSE:RITES)
Oct 06Is RITES (NSE:RITES) A Risky Investment?
Sep 02Estimating The Fair Value Of RITES Limited (NSE:RITES)
Jun 07Is RITES Limited (NSE:RITES) At Risk Of Cutting Its Dividend?
May 11RITES (NSE:RITES) Has More To Do To Multiply In Value Going Forward
Apr 09Shareholder Returns
| RITES | IN Professional Services | IN Market | |
|---|---|---|---|
| 7D | 5.3% | 1.3% | 2.8% |
| 1Y | 76.3% | 61.6% | 46.6% |
Return vs Industry: RITES exceeded the Indian Professional Services industry which returned 66% over the past year.
Return vs Market: RITES exceeded the Indian Market which returned 46.4% over the past year.
Price Volatility
| RITES volatility | |
|---|---|
| RITES Average Weekly Movement | 8.6% |
| Professional Services Industry Average Movement | 6.8% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: RITES has not had significant price volatility in the past 3 months.
Volatility Over Time: RITES's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | 1,710 | Rahul Mithal | www.rites.com |
RITES Limited, together with its subsidiaries, provides consultancy, engineering, and project management services in the field of railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy. The company operates through four segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and spares; and Turnkey Construction Projects. It is involved in the survey and feasibility studies, detailed design and engineering, project management consultancy, technical audit, third party inspection, quality assurance, construction supervision, and leasing and export of locomotives and rolling stock; and maintenance and operational facilities such as smart yards, coaching, and freight maintenance depots.
RITES Limited Fundamentals Summary
| RITES fundamental statistics | |
|---|---|
| Market cap | ₹164.91b |
| Earnings (TTM) | ₹4.61b |
| Revenue (TTM) | ₹24.96b |
35.7x
P/E Ratio6.6x
P/S RatioIs RITES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RITES income statement (TTM) | |
|---|---|
| Revenue | ₹24.96b |
| Cost of Revenue | ₹16.42b |
| Gross Profit | ₹8.54b |
| Other Expenses | ₹3.93b |
| Earnings | ₹4.61b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 19.20 |
| Gross Margin | 34.22% |
| Net Profit Margin | 18.48% |
| Debt/Equity Ratio | 0.2% |
How did RITES perform over the long term?
See historical performance and comparison