RITES
₹652.00
-10.2 (-1.54%)
  • Advice
  • Hold
18 April, 2024 17:43 BSE: 541556 NSE: RITESISIN: INE320J01015

Start SIP in Rites

Start SIP

Rites Performance

Day Range

  • Low 648
  • High 673
₹ 652

52 Week Range

  • Low 342
  • High 826
₹ 652
  • Open Price665
  • Previous Close662
  • Volume937363

Rites Share Price

  • Over 1 Month +4.79%
  • Over 3 Month +22.78%
  • Over 6 Month +29.47%
  • Over 1 Year +88.6%

Rites Key Statistics

P/E Ratio 33.5
PEG Ratio -2.3
Market Cap Cr 15,668
Price to Book Ratio 5.8
EPS 22
Dividend 2.9
Relative Strength Index 44.49
Money Flow Index 60.98
MACD Signal -5.01
Average True Range 31.66
Rites Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 653549504659
Operating Expenses Qtr Cr 509439377489
Operating Profit Qtr Cr 144111126170
Depreciation Qtr Cr 13121415
Interest Qtr Cr 2112
Tax Qtr Cr 36323346
Net Profit Qtr Cr 11911796138
IndicatorMar 2023
Total Revenue Annual Cr 2,639
Operating Expenses Annual Cr 1,864
Operating Profit Annual in Cr 655
Depreciation Cr 59
Interest Annual Cr 7
Tax Annual Cr 178
Net Profit Annual Cr 531
IndicatorMar 2023
Cash from Operating Activity Annual Cr 471
Cash from Investing Activity Annual Cr 4
Cash from Financing Annual Activity Cr -438
Net Cash Flow Annual Cr 37
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 2,503
Fixed Assets Annual Cr 487
Total Non Current Assets Annual Cr 1,033
Total Current Assets Annual Cr 4,720
Total Assets Annual Cr 5,753
IndicatorMar 2023
Book Value Per Share Annual Rs 104
ROE Annual % 21
ROCE Annual % 26
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 31
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 683582544687
Operating Expenses Qtr Cr 514445383495
Operating Profit Qtr Cr 169138161192
Depreciation Qtr Cr 15141617
Interest Qtr Cr 2112
Tax Qtr Cr 42404352
Net Profit Qtr Cr 120101108139
IndicatorMar 2023
Total Revenue Annual Cr 2,730
Operating Expenses Annual Cr 1,883
Operating Profit Annual in Cr 745
Depreciation Cr 67
Interest Annual Cr 7
Tax Annual Cr 203
Net Profit Annual Cr 542
IndicatorMar 2023
Cash from Operating Activity Annual Cr 560
Cash from Investing Activity Annual Cr -15
Cash from Financing Annual Activity Cr -483
Net Cash Flow Annual Cr 62
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 2,604
Fixed Assets Annual Cr 653
Total Non Current Assets Annual Cr 1,140
Total Current Assets Annual Cr 4,832
Total Assets Annual Cr 5,972
IndicatorMar 2023
Book Value Per Share Annual Rs 113
ROE Annual % 21
ROCE Annual % 26
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 32

Rites Technicals

EMA & SMA

Current Price
₹652.00
-10.2 (-1.54%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹681.74
  • 50 Day
  • ₹675.92
  • 100 Day
  • ₹633.37
  • 200 Day
  • ₹562.81
  • 20 Day
  • ₹667.47
  • 50 Day
  • ₹714.27
  • 100 Day
  • ₹620.61
  • 200 Day
  • ₹542.03

Rites Resistance and Support

PIVOT
₹662.45
Resistance
First Resistance 673.70
Second Resistance 685.20
Third Resistance 696.45
RSI 44.49
MFI 60.98
MACD Single Line -5.01
MACD -4.32
Support
First Resistance 650.95
Second Resistance 639.70
Third Resistance 628.20

Rites Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 989,963 29,184,109 29.48
Week 1,360,818 37,803,531 27.78
1 Month 1,981,092 40,315,221 20.35
6 Month 3,231,216 71,539,123 22.14

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 15,961
Sales 2,365
Shares in Float 6.73
No of funds 145
Yield 2.87
Book Value 6.36
U/D Vol ratio 1.6
LTDebt / Equity
Alpha 0.05
Beta 2.08

Rites

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 72.2%72.2%72.2%72.2%
Mutual Funds 3.38%4.75%5.24%6.98%
Insurance Companies 7.61%7.45%7.4%8.25%
Foreign Portfolio Investors 4.17%3.22%3.98%3.44%
Financial Institutions/ Banks 0.01%
Individual Investors 9.51%9.42%8.36%6.97%
Others 3.13%2.96%2.82%2.15%

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
2024-02-01 Quarterly Results & Interim Dividend
2023-10-31 Quarterly Results & Interim Dividend
2023-07-28 Quarterly Results & 1st Interim Dividend
2023-05-18 Audited Results & Final Dividend
2023-02-09 Quarterly Results & 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

Rites FAQs

What is Share Price of Rites ?

Rites share price is ₹652 As on 18 April, 2024 | 17:29

What is the Market Cap of Rites ?

The Market Cap of Rites is ₹15667.7 Cr As on 18 April, 2024 | 17:29

What is the P/E ratio of Rites ?

The P/E ratio of Rites is 33.5 As on 18 April, 2024 | 17:29

What is the PB ratio of Rites ?

The PB ratio of Rites is 5.8 As on 18 April, 2024 | 17:29

Q2FY23