RITES Past Earnings Performance
Past criteria checks 1/6
RITES's earnings have been declining at an average annual rate of -4.7%, while the Professional Services industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 2.3% per year. RITES's return on equity is 16.3%, and it has net margins of 16.9%.
Key information
-4.7%
Earnings growth rate
-3.7%
EPS growth rate
| Professional Services Industry Growth | 19.8% |
| Revenue growth rate | 2.3% |
| Return on equity | 16.3% |
| Net Margin | 16.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75
Nov 09
RITES (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 30Revenue & Expenses Breakdown
How RITES makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 23,528 | 3,982 | 738 | 0 |
| 30 Jun 24 | 23,943 | 4,264 | 573 | 0 |
| 31 Mar 24 | 24,529 | 4,554 | 758 | 0 |
| 31 Dec 23 | 24,964 | 4,613 | 712 | 0 |
| 30 Sep 23 | 24,909 | 4,813 | 704 | 0 |
| 30 Jun 23 | 25,676 | 5,125 | 544 | 0 |
| 31 Mar 23 | 26,283 | 5,420 | 685 | 0 |
| 31 Dec 22 | 27,075 | 5,468 | 624 | 0 |
| 30 Sep 22 | 28,053 | 5,454 | 613 | 0 |
| 30 Jun 22 | 29,118 | 5,819 | 478 | 0 |
| 31 Mar 22 | 26,618 | 5,164 | 536 | 0 |
| 31 Dec 21 | 24,830 | 5,174 | 528 | 0 |
| 30 Sep 21 | 21,986 | 4,810 | 493 | 0 |
| 30 Jun 21 | 18,788 | 4,416 | 350 | 0 |
| 31 Mar 21 | 19,053 | 4,324 | 427 | 0 |
| 31 Dec 20 | 18,035 | 4,294 | 450 | 0 |
| 30 Sep 20 | 19,740 | 4,779 | 499 | 0 |
| 30 Jun 20 | 22,813 | 5,809 | 548 | 0 |
| 31 Mar 20 | 24,835 | 6,161 | 620 | 0 |
| 31 Dec 19 | 26,488 | 6,195 | 711 | 0 |
| 30 Sep 19 | 25,639 | 6,054 | 702 | 0 |
| 30 Jun 19 | 22,606 | 4,805 | 699 | 0 |
| 31 Mar 19 | 20,553 | 4,695 | 678 | 0 |
| 31 Dec 18 | 18,694 | 4,389 | 528 | 0 |
| 30 Sep 18 | 17,067 | 4,017 | 550 | 0 |
| 30 Jun 18 | 15,513 | 3,617 | 533 | 0 |
| 31 Mar 18 | 15,065 | 3,425 | 538 | 0 |
| 31 Mar 17 | 13,655 | 3,285 | 522 | 0 |
| 31 Mar 16 | 10,906 | 2,814 | 460 | 0 |
| 31 Mar 15 | 10,253 | 3,030 | 407 | 0 |
| 31 Mar 14 | 10,970 | 2,601 | 912 | 2 |
Quality Earnings: RITES has high quality earnings.
Growing Profit Margin: RITES's current net profit margins (16.9%) are lower than last year (19.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RITES's earnings have declined by 4.7% per year over the past 5 years.
Accelerating Growth: RITES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RITES had negative earnings growth (-17.3%) over the past year, making it difficult to compare to the Professional Services industry average (19%).
Return on Equity
High ROE: RITES's Return on Equity (16.3%) is considered low.