RITES Future Growth
Future criteria checks 4/6
RITES is forecast to grow earnings and revenue by 21.9% and 17.9% per annum respectively. EPS is expected to grow by 21.9% per annum. Return on equity is forecast to be 19.1% in 3 years.
Key information
21.9%
Earnings growth rate
21.9%
EPS growth rate
Professional Services earnings growth | 18.4% |
Revenue growth rate | 17.9% |
Future return on equity | 19.1% |
Analyst coverage | Low |
Last updated | 08 Nov 2024 |
Recent future growth updates
Recent updates
RITES' (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 01Is RITES (NSE:RITES) A Risky Investment?
Sep 30Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2027 | 36,836 | 6,793 | 10,619 | 11,057 | 1 |
3/31/2026 | 30,464 | 5,387 | 10,018 | 8,492 | 2 |
3/31/2025 | 25,568 | 4,216 | 3,874 | 5,853 | 2 |
9/30/2024 | 23,528 | 3,982 | 3,454 | 4,623 | N/A |
6/30/2024 | 23,943 | 4,264 | N/A | N/A | N/A |
3/31/2024 | 24,529 | 4,554 | 2,944 | 4,316 | N/A |
12/31/2023 | 24,964 | 4,613 | N/A | N/A | N/A |
9/30/2023 | 24,909 | 4,813 | 4,458 | 5,681 | N/A |
6/30/2023 | 25,676 | 5,125 | N/A | N/A | N/A |
3/31/2023 | 26,283 | 5,420 | 4,242 | 5,598 | N/A |
12/31/2022 | 27,075 | 5,468 | N/A | N/A | N/A |
9/30/2022 | 28,053 | 5,454 | 4,690 | 6,190 | N/A |
6/30/2022 | 29,118 | 5,819 | N/A | N/A | N/A |
3/31/2022 | 26,618 | 5,164 | 1,678 | 3,096 | N/A |
12/31/2021 | 24,830 | 5,174 | N/A | N/A | N/A |
9/30/2021 | 21,986 | 4,810 | -106 | 1,194 | N/A |
6/30/2021 | 18,788 | 4,416 | N/A | N/A | N/A |
3/31/2021 | 19,053 | 4,324 | 4,359 | 5,157 | N/A |
12/31/2020 | 18,035 | 4,294 | N/A | N/A | N/A |
9/30/2020 | 19,740 | 4,779 | 3,498 | 4,099 | N/A |
6/30/2020 | 22,813 | 5,809 | N/A | N/A | N/A |
3/31/2020 | 24,835 | 6,161 | 2,045 | 3,170 | N/A |
12/31/2019 | 26,488 | 6,195 | N/A | N/A | N/A |
9/30/2019 | 25,639 | 6,054 | 914 | 2,590 | N/A |
6/30/2019 | 22,606 | 4,805 | N/A | N/A | N/A |
3/31/2019 | 20,553 | 4,695 | 119 | 1,636 | N/A |
12/31/2018 | 18,694 | 4,389 | N/A | N/A | N/A |
9/30/2018 | 17,067 | 4,017 | 677 | 1,695 | N/A |
6/30/2018 | 15,513 | 3,617 | N/A | N/A | N/A |
3/31/2018 | 15,065 | 3,425 | N/A | 4,100 | N/A |
3/31/2017 | 13,655 | 3,285 | N/A | 5,551 | N/A |
3/31/2016 | 10,906 | 2,814 | N/A | 637 | N/A |
3/31/2015 | 10,253 | 3,030 | N/A | -939 | N/A |
3/31/2014 | 10,970 | 2,601 | N/A | 3,334 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RITES's forecast earnings growth (21.9% per year) is above the savings rate (6.7%).
Earnings vs Market: RITES's earnings (21.9% per year) are forecast to grow faster than the Indian market (18.1% per year).
High Growth Earnings: RITES's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RITES's revenue (17.9% per year) is forecast to grow faster than the Indian market (10.6% per year).
High Growth Revenue: RITES's revenue (17.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RITES's Return on Equity is forecast to be low in 3 years time (19.1%).