1. India Stocks

  2. •

    Industrials

  3. •

    Engineering & Construction
RITES Limited

RITES Limited

RITES.NS
RITES LimitedIN flagNational Stock Exchange of India
216.15
INR
-2.02
- -
103.88BMarket Cap
RITES Limited
RITES.NS
(National Stock Exchange of India)

Recent

price

216.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
19.11
21.93
20.25
21.81
27.03
29.95
40.95
49.49
37.73
54.8
54.07
50.85
45.72
- -
50.23
Revenue per Share
4.66
5.21
6.24
5.62
6.57
6.85
9.39
12.32
8.77
10.74
11.28
9.48
8.01
- -
8.53
Basic EPS, GAAP
4.31
0.45
0.19
-2.61
10.68
6.96
0.24
4.09
8.84
3.49
8.83
6.12
10.5
- -
- -
Free Cash Flow per Basic Share
0.76
1.2
1.06
1.54
2.92
2.96
4.3
6.6
7.43
8.75
9
9.5
7.4
- -
- -
Dividend per Share
2
2
2
2
4
4.95
9.12
14.14
15.58
17.99
20.39
20.5
23.75
- -
9.99
Book Value per Share
24.65
28.5
33.71
38.11
41.85
45.36
49.83
54.21
50.24
53.93
56.44
56.5
57.11
- -
57.92
Tangible Book Value per Share
500
500
500
500
500
500
500
500
493
481
481
481
480
- -
481
Basic Weighted Avg Shares
9,556
10,965
10,127
10,905
13,515
14,974
20,474
24,744
18,595
26,337
25,984
24,438
21,964
24,151
24,153
Sales/Revenue/Turnover
23.97
26.96
34.45
30.77
26.9
32.58
28.88
26
26.74
25.86
26.97
24.18
20.62
20.21
20.21
Operating Margin (%)
155
203
262
346
383
363
384
473
519
656
667
607
621
660
660
Depreciation Expense
2,331
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
4,103
Net Income, GAAP
30.63
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
25.23
Effective Tax Rate (%)
24.39
23.77
30.82
25.77
24.3
22.87
22.93
24.9
23.25
19.61
20.86
18.63
17.52
16.99
16.99
Profit Margin (%)
6,092
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
17,939
Working Capital
- -
- -
- -
1,105
758
476
399
370
268
176
45
64
66
49
49
LT Debt
12,363
14,302
16,908
19,103
20,961
22,704
24,938
27,148
24,801
25,946
27,191
27,209
27,493
27,940
27,940
Total Equity
- -
15.52
15.37
11.59
11.83
15.39
16.93
18.27
14.72
20.26
20.22
16.8
12.96
13.41
13.41
Return on Invested Capital (%)
- -
253.72
283.93
156.48
114.03
97.78
97.3
85.53
49.07
52.64
49.25
37.88
29.63
39.62
39.69
Return on Capital (%)
- -
260.67
312.1
280.98
218.92
153.15
133.54
105.97
58.64
63.27
58.78
46.35
36.2
50.6
50.6
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
22
- -
17
LT Borrowings
- -
- -
- -
LT Finance Leases
56
- -
49
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
481
- -
481
Market Capitalization
118,290
116,730
84,457

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
45,530
- -
44,588
Cash, Cash Equivalents & STI
29,251
- -
28,469
Accounts Receivable, Net
9,015
- -
9,312
Inventories
869
- -
346
Total Current Liabilities
28,694
- -
26,649
Payables & Accruals
- -
- -
- -
ST Debt
22
- -
17
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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
10.16%
6.83%
9.96%
Total Cash Common Dividend
20.79%
1.44%
6.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,444
5,824
6,829
6,348
24,438
2025
4,858
5,409
5,758
6,023
21,964
2026
4,897
5,487
6,086
7,683
24,151

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.24
2.1
2.5
- -
9.48
2025
1.64
1.52
2.08
2.76
8.01
2026
1.67
2.04
2.12
2.7
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9.5
2025
- -
- -
- -
- -
7.4
2026
- -
- -
- -
- -
- -
Similar Companies
Viviana Power Tech Ltd. (VIVIANA.NS)
China Saite Group Company Limited (0153.HK)
Mcdermott International Ltd. (MCDIF)
Solar A/S (SOLAR-B.CO)
G R Infraprojects Limited (GRINFRA.BO)
Te Chang Construction Co., Ltd. (5511.TWO)
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.