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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 6/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
RITES Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹655.30 |
| 52 Week High | ₹825.95 |
| 52 Week Low | ₹432.30 |
| Beta | 0.16 |
| 11 Month Change | -13.20% |
| 3 Month Change | -6.11% |
| 1 Year Change | 30.85% |
| 33 Year Change | 134.08% |
| 5 Year Change | 190.41% |
| Change since IPO | 284.02% |
Recent News & Updates
RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00
Aug 17
RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50
Aug 03Recent updates
RITES (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 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 27Shareholder Returns
| RITES | IN Professional Services | IN Market | |
|---|---|---|---|
| 7D | -0.2% | 3.0% | 0.8% |
| 1Y | 30.9% | 48.5% | 45.0% |
Return vs Industry: RITES underperformed the Indian Professional Services industry which returned 48.5% over the past year.
Return vs Market: RITES underperformed the Indian Market which returned 45% over the past year.
Price Volatility
| RITES volatility | |
|---|---|
| RITES Average Weekly Movement | 7.6% |
| Professional Services Industry Average Movement | 7.2% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.4% |
Stable Share Price: RITES has not had significant price volatility in the past 3 months.
Volatility Over Time: RITES's weekly volatility (8%) 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 | ₹157.47b |
| Earnings (TTM) | ₹4.26b |
| Revenue (TTM) | ₹23.94b |
36.9x
P/E Ratio6.6x
P/S RatioIs RITES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RITES income statement (TTM) | |
|---|---|
| Revenue | ₹23.94b |
| Cost of Revenue | ₹16.34b |
| Gross Profit | ₹7.60b |
| Other Expenses | ₹3.34b |
| Earnings | ₹4.26b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 17.74 |
| Gross Margin | 31.76% |
| Net Profit Margin | 17.81% |
| Debt/Equity Ratio | 0.3% |
How did RITES perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield94%
Payout RatioDoes RITES pay a reliable dividends?
See RITES dividend history and benchmarks| RITES dividend dates | |
|---|---|
| Ex Dividend Date | Sep 20 2024 |
| Dividend Pay Date | Oct 12 2024 |
| Days until Ex dividend | 21 days |
| Days until Dividend pay date | 43 days |
Does RITES pay a reliable dividends?
See RITES dividend history and benchmarks