RITES
₹667.15
-8.05 (-1.19%)
  • Advice
  • Hold
27 July, 2024 07:31 BSE: 541556 NSE: RITES ISIN: INE320J01015

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Rites Performance

Day Range

  • Low 661
  • High 688
₹ 667

52 Week Range

  • Low 432
  • High 826
₹ 667
  • Open Price678
  • Previous Close675
  • Volume3244357

Rites Share Price

  • Over 1 Month -4.39%
  • Over 3 Month -2.78%
  • Over 6 Month -2.57%
  • Over 1 Year + 35.3%

Rites Key Statistics

P/E Ratio 35.2
PEG Ratio -2.1
Market Cap Cr
Price to Book Ratio 5.9
EPS 18.9
Dividend 2.8
Relative Strength Index 38.37
Money Flow Index 55.29
MACD Signal 6.13
Average True Range 33.41
Rites Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 606653549504659
Operating Expenses Qtr Cr 461509439377489
Operating Profit Qtr Cr 145144111126170
Depreciation Qtr Cr 1313121415
Interest Qtr Cr 02112
Tax Qtr Cr 4136323346
Net Profit Qtr Cr 12311911796138
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,4392,639
Operating Expenses Annual Cr 1,7861,864
Operating Profit Annual in Cr 526655
Depreciation Cr 5159
Interest Annual Cr 57
Tax Annual Cr 143178
Net Profit Annual Cr 454531
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -12471
Cash from Investing Activity Annual Cr 1064
Cash from Financing Annual Activity Cr -461-438
Net Cash Flow Annual Cr -36737
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,5072,503
Fixed Assets Annual Cr 548487
Total Non Current Assets Annual Cr 1,0381,033
Total Current Assets Annual Cr 4,3994,720
Total Assets Annual Cr 5,4375,753
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 104104
ROE Annual % 1821
ROCE Annual % 2226
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2831
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 643683582544687
Operating Expenses Qtr Cr 467514445383495
Operating Profit Qtr Cr 176169138161192
Depreciation Qtr Cr 1615141617
Interest Qtr Cr 02112
Tax Qtr Cr 5042404352
Net Profit Qtr Cr 126120101108139
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,5392,730
Operating Expenses Annual Cr 1,8091,883
Operating Profit Annual in Cr 644745
Depreciation Cr 6167
Interest Annual Cr 57
Tax Annual Cr 175203
Net Profit Annual Cr 455542
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 106560
Cash from Investing Activity Annual Cr 11-15
Cash from Financing Annual Activity Cr -504-483
Net Cash Flow Annual Cr -38762
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,6092,604
Fixed Assets Annual Cr 709653
Total Non Current Assets Annual Cr 1,1511,140
Total Current Assets Annual Cr 4,5114,832
Total Assets Annual Cr 5,6615,972
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 113113
ROE Annual % 1721
ROCE Annual % 2326
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3032

Rites Technicals

EMA & SMA

Current Price
₹667.15
-8.05 (-1.19%)
pointer
  • Bullish Moving Average
  • ___
  • 2
  • Bearish Moving Average
  • ___
  • 14
  • 20 Day
  • ₹712.10
  • 50 Day
  • ₹705.18
  • 100 Day
  • ₹684.80
  • 200 Day
  • ₹630.69
  • 20 Day
  • ₹722.69
  • 50 Day
  • ₹705.95
  • 100 Day
  • ₹693.66
  • 200 Day
  • ₹622.53

Rites Resistance and Support

PIVOT
₹672.24
Resistance
First Resistance 683.17
Second Resistance 699.18
Third Resistance 710.12
RSI 38.37
MFI 55.29
MACD Single Line 6.13
MACD -3.72
Support
First Support 656.22
Second Support 645.28
Third Supoort 629.27

Rites Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,502,842 85,224,146 24.33
Week 2,388,042 62,017,440 25.97
1 Month 3,730,530 88,674,688 23.77
6 Month 3,335,802 75,122,252 22.52

Rites Result Highlights

Rites Synopsis

NSE-Comml Svcs-Outsourcing

Rites Ltd. is involved in the business activities of Architectural and engineering activities and related technical consultancy. Company’s Total Operating Revenue is Rs. 2519.62 Cr. and Equity Capital is Rs. 240.30 Cr. for the Year ended 31/03/2023. Rites Ltd. is a Public Limited Listed company incorporated on 26/04/1974 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1974GOI007227 and registration number is 007227.
Market Cap 16,225
Sales 2,312
Shares in Float 6.73
No of funds 134
Yield 2.67
Book Value 6.47
U/D Vol ratio 1.8
LTDebt / Equity
Alpha -0.07
Beta 2

Rites Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 72.2%72.2%72.2%72.2%
Mutual Funds 3.32%3.38%4.75%5.24%
Insurance Companies 7.44%7.61%7.45%7.4%
Foreign Portfolio Investors 3.5%4.17%3.22%3.98%
Financial Institutions/ Banks
Individual Investors 10.78%9.51%9.42%8.36%
Others 2.76%3.13%2.96%2.82%

Rites Management

Name Designation
Mr. Rahul Mithal Chairman & M.D & CEO
Dr. Deepak Tripathi Director - Technical
Mr. Arun Kumar Singh Director - Projects
Mr. Krishna Gopal Agarwal Director - Finance
Mr. Laxman Tammanna Tapashi Independent Director
Dr. Dineshananda Goswam Independent Director
Mr. Likha Togu Independent Director
Dott. Godawari Mishra Government Nominee Director
Mr. R K Mangla Government Nominee Director
Mr. Sandeep Jain Government Nominee Director

Rites Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rites Corporate Action

Date Purpose Remarks
2024-07-31 Quarterly Results & Interim Dividend
2024-05-28 Audited Results & Final Dividend
2024-02-01 Quarterly Results & Interim Dividend
2023-10-31 Quarterly Results & Interim Dividend
2023-07-28 Quarterly Results & 1st Interim Dividend
Date Purpose Remarks
2024-02-09 INTERIM Rs.4.75 per share(47.5%)Third Interim Dividend
2023-11-08 INTERIM Rs.4.50 per share(45%)Second Interim Dividend
2023-08-07 INTERIM Rs.3.75 per share(37.5%)Interim Dividend
2023-02-17 INTERIM Rs.6.00 per share (60%) Third Interim Dividend
2022-11-18 INTERIM Rs.4.50 per share(45%)Second Interim Dividend

About Rites

RITES Limited based in Gurugram, India has been providing consultancy, engineering, and project management services since 1974. The company focuses on four primary sectors Consultancy Services, Leasing of Railway Rolling Stock and Equipment, Export of Rolling Stock and Equipment, and Turnkey Construction Projects. They work on railways, highways, airports, ports, ropeways, urban transport, inland waterways and renewable energy projects. Their services include feasibility studies, detailed design, project management, technical audits, third party inspections, quality assurance and construction supervision. RITES also leases and exports locomotives and rolling stock and maintains operational facilities like smart yards and maintenance depots. They build railway workshops, expand railway tracks, electrify railways, redevelop stations and construct various buildings and renewable energy projects. Additionally, they offer expertise in tunnels, urban engineering, electrical engineering, IT, privatization projects, signaling and telecommunications, and provide training programs. Their clients include central and state governments, public sector organizations, large corporations and private enterprises across India, Asia, and Africa.

Rites FAQs

What is Share Price of Rites ?

Rites share price is ₹667 As on 27 July, 2024 | 07:17

What is the Market Cap of Rites ?

The Market Cap of Rites is ₹16031.7 Cr As on 27 July, 2024 | 07:17

What is the P/E ratio of Rites ?

The P/E ratio of Rites is 35.2 As on 27 July, 2024 | 07:17

What is the PB ratio of Rites ?

The PB ratio of Rites is 5.9 As on 27 July, 2024 | 07:17

What are the most important metrics that can help to analyze the share price of RITES?

Revenue growth, profitability ratios, EPS, P/E ratio, dividend yield, book value, debt to equity ratio, free cash flow and market capitalization.

How to Invest in RITES?

To buy RITES shares, you'll need a Demat account with a brokerage firm that trades on the NSE and BSE, where the company is listed. You can open a demat account with 5paisa to buy RITES’s shares.

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