RITES · RITES Ltd · Business Services
RITES · RITES Ltd · Business Services
As of 05 Nov close
52-week range
24.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹532 Cr
Revenue YoY
PAT YoY
+8.9%
Operating margin
Revenue, last 5 quarters
Source: Yahoo Finance, as of 30 Jun 2026
P/E (TTM)
P/B
3.5
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+4.1%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| RITES (this stock) | 22.5 | 3.5 | +17.0% | +15.3% | 0 | +4.1% |
| Swiggy * | Not available from data source | 4.4 | -15.1% | -20.5% | 0.14 | 0.0% |
| Delhivery * | 374.4 | 4.4 | +0.8% | +1.0% | 0.15 | 0.0% |
| Urban Company * | Not available from data source | 11.5 | -19.4% | -15.6% | 0.06 | 0.0% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
stable
MF
2.32% (+0.01pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-07-07 | RITES | 15914990 | 4 | WEAK | BULK |
| 2026-07-01 | RITES | 14404447 | 4 | WEAK | BULK |
News timeline
- mediumcorporate actioneconomictimes.indiatimes.com· 13 Oct 2026, 09:17 pmRITES dispatches 18-coach rake to Bangladesh; first after Hasina's removal
- loweconomictimes.indiatimes.com· 01 Oct 2026, 08:30 amIrcon International, Aegis Logistics among 6 stocks showing RSI trending up - Momentum Signals
Concalls & investor presentations
AI-generatedKey takeaway: Management reported a positive performance for Q1 FY27, highlighting a year-on-year growth of 9-10% in revenue and an 8% increase in the bottom line. The company attributed this growth to a high order book from the previous year, which has begun generating revenue. Management noted that revenue recognition for export orders, particularly from Bangladesh, would commence in Q2 due to the nature of the delivery process. The total order book stood at INR 9,450 crores, with a goal to reach INR 10,000 crores. Management emphasized the importance of maintaining EBITDA margins above 20% and PAT margins above 15%. They also discussed the impact of competitive bidding on margins and the increase in employee costs due to hiring and potential pay revisions. Overall, management expressed confidence in achieving substantial growth for the fiscal year.
Management expressed confidence in growth and performance while addressing challenges.
Sourced from an exchange-filed transcript, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation dated August 4, 2026, reported on RITES Limited's financial results for the first quarter ended June 30, 2026. The document highlighted a 7.7% increase in profit after tax (PAT) and a 7.4% rise in profit before tax (PBT), with consolidated total revenue growing by 9.6%. The company achieved its highest-ever order book at ₹9,445 crore, adding over ₹670 crore in new orders during the quarter. Management noted a healthy revenue momentum driven by growth in turnkey, leasing, consultancy, and energy sectors. The presentation also mentioned a 93.7% dividend payout, with an interim dividend of ₹1.4 per share declared by the Board of Directors. Employee productivity metrics were discussed, showing a low attrition rate and a focus on skilled professionals. The document concluded with details on major projects secured during the quarter, emphasizing the company's ongoing expansion efforts.
Management emphasized growth in revenue and profitability, along with a strong order book.
Sourced from an exchange-filed presentation, dated 04 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings conference call held on February 5, 2026, RITES Limited management provided an overview of the company's performance for Q3 FY26. Management reported a total of 140 orders received, averaging 1.5 orders per day, contributing to an all-time high order book of INR 9,262 crore. They highlighted a sequential growth of 10% in operating revenue and EBITDA, with EBITDA margins at 24% and PAT margins at 18%. Management set a goal of reaching a INR 10,000 crore order book by Q1 FY27. They discussed the challenges in maintaining margins, particularly in the turnkey segment, and noted that export margins are stabilizing around 12-13%. Management expressed confidence in achieving double-digit growth for FY26 and described FY27 as a year of disruptive growth, driven by a strong order pipeline and execution capabilities. The call concluded with management emphasizing their commitment to maintaining a high dividend payout policy.
Management expressed confidence in growth and performance metrics.
Sourced from an exchange-filed transcript, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedRITES Limited's FY2025-26 annual report highlights sustained growth in infrastructure consultancy, project execution, and international expansion. The company maintained a high dividend payout ratio, emphasizing financial discipline and stakeholder confidence. Strategic initiatives include strengthening domestic and global market presence, advancing sustainable transport solutions, and enhancing operational resilience through technology and partnerships. The report underscores RITES' focus on integrated infrastructure development, digital transformation, and long-term value creation aligned with India's development goals.
- Sustained growth in consultancy and project execution with a focus on integrated transport solutions
- High dividend payout ratio reflecting strong financial discipline and stakeholder confidence
- Expansion into international markets through strategic partnerships and export initiatives
- Commitment to sustainable infrastructure, green mobility, and digital transformation
- Strengthened governance and risk management frameworks
Key takeaway: RITES Limited's FY2025-26 report emphasizes its strategic focus on integrated infrastructure development, sustainable transport solutions, and international expansion, supported by strong financial discipline and stakeholder confidence.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor notes that the financial statements of IRSDC, a jointly controlled entity, were prepared on a liquidation basis rather than a going concern basis, which may cast significant doubt on the Group's ability to continue as a going concern.
Earlier (1-3 years ago)
The auditor notes that the financial statements of IRSDC, a jointly controlled entity, were prepared on a liquidation basis rather than a going concern basis, as mentioned in note 60(a) of the consolidated financial statements.
The auditor noted that the financial statements of one of the jointly controlled entities, IRSDC, were prepared on a liquidation basis rather than a going concern basis, as mentioned in note no. 60(a) of the consolidated financial statements.
Regulatory Action
3 occurrencesRecent (last 12 months)
The company faced non-compliance with several regulations due to insufficient independent directors and lack of a woman independent director during FY 2025-26, leading to notices from stock exchanges levying fines.
Earlier (1-3 years ago)
NSE and BSE levied a fine of ₹62,23,320 for non-compliance with SEBI (LODR) Regulations, 2015.
NSE and BSE levied a fine of ₹16,21,600 on the company for non-compliance of Regulation 17 of SEBI (LODR) Regulations, 2015 regarding non-appointment of requisite numbers of Independent Directors.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company impaired its equity investment in M/s Elicius Energy Private Limited by H0.00* crore during the financial year, which has been provided for in the books of accounts.
Earlier (1-3 years ago)
The company has made provisions for warranty obligations related to the export of rolling stocks, locomotives, and spares, with an estimated carrying amount as of March 31, 2025.
The company has a contingent liability related to warranty obligations for exported rolling stocks, locomotives, and spares, with provisions made based on experience and agreements, though actual expenditures may vary.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
RITES Limited has pending disputes and unpaid statutory dues under various tax acts, including Income Tax, APVAT, West Bengal VAT, and GST(Haryana), with amounts involved and specific forums where disputes are pending.
Earlier (1-3 years ago)
The company has disputes over statutory dues under various acts (Income Tax, APVAT, West Bengal VAT, Service Tax, GST) with pending litigation in multiple forums, including High Courts and appellate tribunals, but no amounts are specified as unpaid.
The company has disputes pending with various authorities regarding statutory dues under different acts, including Income Tax, APVAT, West Bengal VAT, Service Tax, and CGST, with amounts involved but no specific figures provided for some disputes.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Dr. Dineshananda Goswami, an Independent Director, resigned from the Board effective October 22, 2024, prior to the completion of his term, citing his candidacy for the Jharkhand Vidhan Sabha Election 2024 as the reason. He was subsequently re-appointed as an Additional Director (Independent Director) effective July 7, 2025.