1. India Stocks

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    Commercial services

  3. •

    Miscellaneous commercial services
RITES Ltd.

RITES Ltd.

195.90
INR
-1.25
(-0.63%)
9.58EPS
23.63P/E
98.45BMarket Cap
Nov 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
21.93
20.25
21.81
27.03
29.95
40.95
49.49
37.73
54.8
54.07
50.85
45.44
50.04
51.05
Basic EPS, GAAP
5.21
6.24
5.62
6.57
6.85
9.39
12.32
8.77
10.74
11.28
9.48
8.01
8.54
8.67
Free Cash Flow per Basic Share
0.45
0.19
-2.61
10.68
6.96
0.24
4.09
8.84
3.49
8.83
6.12
10.5
5.52
- -
Dividend per Share
1.2
1.06
1.54
2.92
2.96
4.3
6.6
7.43
8.75
9
9.5
7.4
7.85
- -
Book Value per Share
28.5
33.52
37.69
41.02
44.27
48.44
52.67
49.77
51.78
54.18
54.29
54.93
55.79
- -
Tangible Book Value per Share
28.4
33.41
37.6
40.96
44.22
48.4
52.58
49.69
51.73
54.04
54.17
54.82
55.61
- -
Basic Weighted Avg Shares
500
500
500
500
500
500
500
493
481
481
481
481
481
481
Sales/Revenue/Turnover
10,965
10,127
10,905
13,515
14,975
20,475
24,744
18,595
26,337
25,984
24,438
21,841
24,048
24,578
Operating Margin (%)
26.96
34.45
30.77
26.9
32.58
28.88
26
26.74
25.86
26.97
24.18
19.69
20.75
19.84
Depreciation Expense
203
262
346
383
363
384
473
519
656
667
607
621
660
671
Net Income, GAAP
2,607
3,121
2,810
3,284
3,425
4,695
6,161
4,324
5,164
5,420
4,554
3,848
4,103
4,174
Effective Tax Rate (%)
32.31
33.32
37.21
33.19
31.24
32.91
27.57
25.03
26.73
26.22
26.13
25.02
25.23
25.2
Profit Margin (%)
23.77
30.82
25.77
24.3
22.87
22.93
24.9
23.25
19.61
20.86
18.63
17.62
17.06
16.98
Working Capital
6,369
9,060
12,467
14,891
17,319
18,408
21,102
17,148
16,484
18,782
17,740
16,977
17,939
- -
LT Debt
- -
- -
1,105
758
477
399
370
268
177
45
64
66
49
- -
Total Equity
14,302
16,909
19,103
20,961
22,704
24,938
27,148
24,801
25,946
27,191
27,209
27,493
27,940
- -
Return on Invested Capital (%)
14.67
15.19
11.52
11.11
12.84
16.51
19.5
14.48
19.57
19.41
16.44
12.75
13.67
- -
Return on Capital (%)
19.56
19.99
15.18
15.56
14.92
18.68
22.75
16.07
19.36
19.33
15.32
12.71
13.21
- -
Return on Common Equity (%)
19.59
20.13
15.78
16.69
16.06
20.26
24.37
17.21
21.16
21.29
17.47
14.66
15.42
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
17
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
49
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
481
481
481
Market Capitalization
116,522
84,394
98,452

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
44,588
- -
Cash, Cash Equivalents & STI
- -
29,398
- -
Accounts Receivable, Net
- -
9,953
- -
Inventories
- -
346
- -
Total Current Liabilities
- -
26,649
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
17
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.03%
2.43%
1.63%
Free Cash Flow
117.96%
16.94%
-47.37%
Net Income, GAAP
5.92%
-0.09%
6.62%
Sales/Revenue/Turnover
10.13%
6.76%
10.11%
Total Cash Common Dividend
20.79%
1.44%
6.08%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,858
5,409
5,758
6,023
21,841
2026
4,897
5,487
6,086
7,683
24,048
2027
5,322
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.64
1.52
2.08
2.76
8.01
2026
1.67
2.04
2.12
2.7
8.54
2027
1.81
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
7.4
2026
- -
- -
- -
- -
7.85
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rahul Mithal
Full Time Employees
3,035
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Shikhar Gurgaon HA India 122001
IPO Date
Jul 2, 2018
Website
rites.com
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Business
RITES Limited RITES Limited (RITES.NS), a Navratna Central Public Sector Enterprise under India's Ministry of Railways, provides multidisciplinary engineering consultancy, project management, and execution services across transport infrastructure sectors including railways, highways, metros, tunnels, bridges, urban development, airports, ports, ropeways, inland waterways, and green mobility. Incorporated in 1974 and headquartered in Gurugram, Haryana, the company offers engineering design and feasibility studies; detailed project reports with environmental and social impact assessments; project management consultancy encompassing procurement assistance, third-party inspections, and authority engineering; export of rolling stock such as locomotives, coaches, wagons, and railway equipment with commissioning, warranty, and spares support; leasing of over 90 locomotives to non-railway clients like ports, cement plants, and power plants; operations and maintenance of rail assets at more than 30 Indian sites; turnkey engineering, procurement, and construction contracts for railway electrification, stations, bridges, tunnels, and depots; and quality control inspections for transport components. RITES operates in India and over 55 countries across Asia, Africa, Latin America, and the Middle East, serving central and state governments, public sector undertakings, corporations, and private enterprises, with subsidiaries including Railway Energy Management Company Limited for renewable energy consultancy, SAIL-RITES Bengal Wagon Industry Pvt. Ltd. for wagon manufacturing, and RITES Afrika Pty. Ltd. for African infrastructure projects. In recent developments, RITES signed a September 2025 memorandum of understanding with Etihad Rail for mobility sector collaboration to enhance international presence; secured a Rs 78.65 crore contract in 2025 from NTPC for diesel locomotive leasing; won a major engineering and consultancy order from Mahanadi Coalfields Limited in April 2025; and entered a memorandum with Delhi Metro Rail Corporation for joint metro project management and expansion.