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Rites

  • Market Cap: Mid Cap
  • Industry: Railways
  • ISIN: INE320J01015
  • NSEID: RITES
  • BSEID: 541556
INR
221.70
5.65 (2.62%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.27 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

219.15224.70

52 Week

192.30398.50
Valuation
Technical
Day's Volume

CASH

4.27 lacs (-25.93%) Volume

Shareholding (Dec 2024)

FII

3.34%

Held by 108 FIIs

DII

8.83%

Held by 16 DIIs

Promoter

72.20%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of -3.19% and Operating profit at -6.88% over the last 5 years

 
2

The company has declared Negative results for the last 3 consecutive quarters

3

Stock is technically in a Mildly Bearish range

4

With ROE of 15.4, it has a Very Expensive valuation with a 4 Price to Book Value

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Railways

stock-summary
Market cap

INR 10,655 Cr (Mid Cap)

stock-summary
P/E

27.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

3.98%

stock-summary
Debt Equity

-1.26

stock-summary
Return on Equity

15.42%

stock-summary
Price to Book

4.02

Revenue and Profits (1 Year):
Net Sales:
576 Cr
(Quarterly Results - Dec 2024)
Net Profit:
100 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (3.98%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-29.35%
1.26%
-28.09%
1 Year
-34.92%
2.43%
-32.49%
2 Years
27.41%
13.03%
40.44%
3 Years
66.29%
36.96%
103.25%
4 Years
82.62%
50.87%
133.49%
5 Years
84.63%
69.69%
154.32%

Latest dividend: 1.9 per share ex-dividend date: Jan-31-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-3.19%
EBIT Growth (5y)
-6.88%
EBIT to Interest (avg)
88.90
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.92
Tax Ratio
24.77%
Dividend Payout Ratio
94.98%
Pledged Shares
0
Institutional Holding
12.17%
ROCE (avg)
-84.00%
ROE (avg)
18.44%
Valuation key factors
Factor
Value
P/E Ratio
27
Industry P/E
28
Price to Book Value
4.02
EV to EBIT
16.03
EV to EBITDA
14.10
EV to Capital Employed
-10.56
EV to Sales
3.17
PEG Ratio
NA
Dividend Yield
3.98%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
15.42%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 14 Schemes (2.36%)

FIIs

Held by 108 FIIs (3.34%)

Promoter with highest holding

President Of India (72.2%)

Highest Public shareholder

Life Insurance Corporation Of India (5.89%)

Individual Investors Holdings

13.25%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 6.45% vs 11.34% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 37.15% vs -7.64% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "575.76",
          "val2": "540.86",
          "chgp": "6.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "117.34",
          "val2": "106.27",
          "chgp": "10.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.04",
          "val2": "2.42",
          "chgp": "-57.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "100.09",
          "val2": "72.98",
          "chgp": "37.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.38%",
          "val2": "19.65%",
          "chgp": "0.73%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -8.88% vs -10.87% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -27.33% vs -22.52% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,026.62",
          "val2": "1,126.71",
          "chgp": "-8.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "212.05",
          "val2": "299.25",
          "chgp": "-29.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.47",
          "val2": "2.35",
          "chgp": "47.66%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "152.00",
          "val2": "209.16",
          "chgp": "-27.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.66%",
          "val2": "26.56%",
          "chgp": "-5.90%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -11.45% vs -6.79% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -23.45% vs -19.69% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,602.38",
          "val2": "1,809.60",
          "chgp": "-11.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "329.39",
          "val2": "468.16",
          "chgp": "-29.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.51",
          "val2": "4.23",
          "chgp": "6.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "252.09",
          "val2": "329.30",
          "chgp": "-23.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.56%",
          "val2": "25.87%",
          "chgp": "-5.31%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -6.67% vs -1.26% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -15.98% vs 4.97% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,452.85",
          "val2": "2,628.27",
          "chgp": "-6.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "644.14",
          "val2": "744.93",
          "chgp": "-13.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.71",
          "val2": "7.04",
          "chgp": "-33.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "455.40",
          "val2": "542.04",
          "chgp": "-15.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.26%",
          "val2": "28.34%",
          "chgp": "-2.08%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
575.76
540.86
6.45%
Operating Profit (PBDIT) excl Other Income
117.34
106.27
10.42%
Interest
1.04
2.42
-57.02%
Exceptional Items
0.00
0.00
Consolidate Net Profit
100.09
72.98
37.15%
Operating Profit Margin (Excl OI)
20.38%
19.65%
0.73%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 6.45% vs 11.34% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 37.15% vs -7.64% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,026.62
1,126.71
-8.88%
Operating Profit (PBDIT) excl Other Income
212.05
299.25
-29.14%
Interest
3.47
2.35
47.66%
Exceptional Items
0.00
0.00
Consolidate Net Profit
152.00
209.16
-27.33%
Operating Profit Margin (Excl OI)
20.66%
26.56%
-5.90%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -8.88% vs -10.87% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -27.33% vs -22.52% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,602.38
1,809.60
-11.45%
Operating Profit (PBDIT) excl Other Income
329.39
468.16
-29.64%
Interest
4.51
4.23
6.62%
Exceptional Items
0.00
0.00
Consolidate Net Profit
252.09
329.30
-23.45%
Operating Profit Margin (Excl OI)
20.56%
25.87%
-5.31%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -11.45% vs -6.79% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -23.45% vs -19.69% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,452.85
2,628.27
-6.67%
Operating Profit (PBDIT) excl Other Income
644.14
744.93
-13.53%
Interest
4.71
7.04
-33.10%
Exceptional Items
0.00
0.00
Consolidate Net Profit
455.40
542.04
-15.98%
Operating Profit Margin (Excl OI)
26.26%
28.34%
-2.08%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -6.67% vs -1.26% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -15.98% vs 4.97% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Rites Ltd. stock-summary
stock-summary
Rites Ltd.
Mid Cap
Railways
RITES Limited is a Miniratna (Category-I) Schedule `A' Central Public Sector Enterprise was established under Ministry of Railways, Government of India, in April 26, 1974. The Company is a leading multidisciplinary engineering & consultancy organization providing customized, competitive, diversified, and comprehensive, concept to commissioning services and integrated solutions in the transport and infrastructure sector in India and abroad.
Company Coordinates stock-summary
Company Details
Scope Minar Core-I, Laxmi Nagar New Delhi New Delhi : 110092
stock-summary
Tel: 91-011-23354800/22024610
stock-summary
http://www.rites.com
stock-summary
ptmittal@rites.com
Registrar Details
Karvy Computershare Pvt Ltd, Karvy House , 46 Avenue 4, Street No 1, Banjara Hills, Hyderabad
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