Share Price and Basic Stock Data
Last Updated: October 28, 2025, 11:06 am
| PEG Ratio | -5.42 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Rites Ltd operates in the project consultancy and turnkey solutions industry, with a current market capitalization of ₹12,124 Cr. The company reported sales of ₹2,628 Cr for FY 2023, reflecting a slight decline from ₹2,662 Cr in FY 2022. Quarterly sales figures indicate fluctuations, with the highest quarterly sales recorded at ₹687 Cr in March 2023, while the most recent quarter (June 2024) saw a decrease to ₹486 Cr. This inconsistency in revenue highlights the potential challenges Rites Ltd faces in maintaining steady growth. The company has also shown a decreasing trend in sales over the trailing twelve months (TTM) at ₹2,222 Cr. Despite the challenges, the company has managed to maintain a strong operational profit margin (OPM) of 23%, suggesting effective cost management strategies. The sales trend is critical as it reflects the company’s ability to capture market share and sustain its business amidst competitive pressures.
Profitability and Efficiency Metrics
Rites Ltd’s profitability metrics demonstrate a mixed performance. The net profit for FY 2023 stood at ₹571 Cr, slightly up from ₹539 Cr in FY 2022, indicating a resilient bottom line despite revenue challenges. The earnings per share (EPS) for FY 2025 is reported at ₹8.01, down from ₹23.76 in the previous year, suggesting a significant contraction in profitability on a per-share basis. The company has a return on equity (ROE) of 14.7% and a return on capital employed (ROCE) of 21.8%, indicating effective utilization of equity and capital. However, the interest coverage ratio (ICR) of 107.02x reflects a robust ability to meet interest obligations, supported by minimal borrowings of just ₹9 Cr. The cash conversion cycle (CCC) of 122 days indicates a relatively efficient management of working capital, although the variability in quarterly operating profit margins (OPM) suggests room for improvement in operational efficiency.
Balance Sheet Strength and Financial Ratios
The balance sheet of Rites Ltd showcases a solid financial position, characterized by total reserves of ₹2,160 Cr against borrowings of merely ₹9 Cr, translating to a debt-to-equity ratio of 0.00. This indicates that the company is virtually debt-free, which is a significant strength, providing it with financial flexibility for future investments. The current ratio stands at 1.53, while the quick ratio is slightly lower at 1.51, both indicating adequate short-term liquidity to cover liabilities. The price-to-book value (P/BV) ratio is recorded at 4.07x, suggesting that the stock may be trading at a premium relative to its book value, which is ₹54.93 per share. This could imply investor confidence in the company’s future growth potential. However, the declining trend in net profit margins from 20.20% in FY 2022 to 18.55% in FY 2025 raises concerns about profitability sustainability and operational efficiency.
Shareholding Pattern and Investor Confidence
Rites Ltd’s shareholding pattern reflects a stable ownership structure, with promoters holding 72.20% of the equity. This significant shareholding indicates strong control and confidence from the management. Foreign institutional investors (FIIs) have increased their stake from 2.35% in September 2022 to 3.33% in March 2025, suggesting growing interest from international investors, while domestic institutional investors (DIIs) have seen a decline from 17.58% to 8.66% over the same period. The number of shareholders has also increased from 95,236 to 4,02,334, demonstrating rising public interest and confidence in the company. The public’s shareholding rose from 7.89% to 15.79%, indicating a healthy diversification of ownership. However, the decline in DII participation may warrant attention, as it could reflect concerns regarding the stock’s future performance or market conditions.
Outlook, Risks, and Final Insight
If margins sustain at current levels and the company effectively addresses revenue volatility, Rites Ltd could leverage its strong balance sheet to pursue growth opportunities in the project consultancy space. The minimal debt levels provide a cushion against economic downturns, allowing for strategic investments. However, risks such as fluctuating sales and declining EPS could pose challenges to maintaining investor confidence. Additionally, the competitive landscape may pressure margins further. If the company can enhance operational efficiency and stabilize revenue streams, it may improve profitability metrics and attract more institutional investors. The overall outlook hinges on Rites Ltd’s ability to navigate these risks while capitalizing on its strengths, ensuring sustained growth and shareholder value enhancement in the long term.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Rites Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Fine Line Circuits Ltd | 47.1 Cr. | 98.0 | 115/52.4 | 262 | 18.4 | 0.00 % | 4.45 % | 2.30 % | 10.0 |
| Filtra Consultants & Engineers Ltd | 76.8 Cr. | 70.0 | 91.0/53.0 | 28.1 | 22.0 | 2.86 % | 16.5 % | 11.4 % | 10.0 |
| DRA Consultants Ltd | 21.2 Cr. | 19.3 | 47.5/18.0 | 8.35 | 29.9 | 0.00 % | 11.7 % | 8.07 % | 10.0 |
| Zodiac Energy Ltd | 562 Cr. | 372 | 611/318 | 27.6 | 64.0 | 0.20 % | 20.0 % | 27.5 % | 10.0 |
| Rites Ltd | 11,794 Cr. | 245 | 316/192 | 30.6 | 54.9 | 3.09 % | 21.8 % | 14.7 % | 10.0 |
| Industry Average | 3,241.14 Cr | 433.64 | 62.26 | 119.54 | 0.60% | 12.09% | 10.71% | 10.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 605 | 659 | 677 | 687 | 544 | 582 | 683 | 643 | 486 | 541 | 576 | 615 | 490 |
| Expenses | 426 | 478 | 484 | 496 | 383 | 445 | 514 | 467 | 380 | 435 | 458 | 430 | 376 |
| Operating Profit | 179 | 181 | 193 | 191 | 161 | 138 | 169 | 176 | 106 | 106 | 117 | 186 | 114 |
| OPM % | 30% | 27% | 29% | 28% | 30% | 24% | 25% | 27% | 22% | 20% | 20% | 30% | 23% |
| Other Income | 32 | 25 | 27 | 19 | 18 | 28 | 19 | 27 | 25 | 22 | 44 | 27 | 24 |
| Interest | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 0 | 1 | 2 | 1 | 1 | 1 |
| Depreciation | 15 | 17 | 19 | 17 | 16 | 14 | 15 | 16 | 14 | 15 | 16 | 17 | 15 |
| Profit before tax | 195 | 188 | 199 | 191 | 163 | 150 | 171 | 187 | 115 | 111 | 144 | 195 | 122 |
| Tax % | 26% | 26% | 26% | 27% | 26% | 27% | 25% | 27% | 21% | 26% | 24% | 27% | 25% |
| Net Profit | 145 | 140 | 147 | 139 | 120 | 110 | 129 | 137 | 90 | 82 | 109 | 141 | 91 |
| EPS in Rs | 2.86 | 2.76 | 2.91 | 2.75 | 2.25 | 2.10 | 2.50 | 2.62 | 1.64 | 1.52 | 2.08 | 2.76 | 1.67 |
Last Updated: August 20, 2025, 4:25 am
Below is a detailed analysis of the quarterly data for Rites Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 490.00 Cr.. The value appears to be declining and may need further review. It has decreased from 615.00 Cr. (Mar 2025) to 490.00 Cr., marking a decrease of 125.00 Cr..
- For Expenses, as of Jun 2025, the value is 376.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 430.00 Cr. (Mar 2025) to 376.00 Cr., marking a decrease of 54.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 114.00 Cr.. The value appears to be declining and may need further review. It has decreased from 186.00 Cr. (Mar 2025) to 114.00 Cr., marking a decrease of 72.00 Cr..
- For OPM %, as of Jun 2025, the value is 23.00%. The value appears to be declining and may need further review. It has decreased from 30.00% (Mar 2025) to 23.00%, marking a decrease of 7.00%.
- For Other Income, as of Jun 2025, the value is 24.00 Cr.. The value appears to be declining and may need further review. It has decreased from 27.00 Cr. (Mar 2025) to 24.00 Cr., marking a decrease of 3.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 15.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 17.00 Cr. (Mar 2025) to 15.00 Cr., marking a decrease of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 122.00 Cr.. The value appears to be declining and may need further review. It has decreased from 195.00 Cr. (Mar 2025) to 122.00 Cr., marking a decrease of 73.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Mar 2025) to 25.00%, marking a decrease of 2.00%.
- For Net Profit, as of Jun 2025, the value is 91.00 Cr.. The value appears to be declining and may need further review. It has decreased from 141.00 Cr. (Mar 2025) to 91.00 Cr., marking a decrease of 50.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.67. The value appears to be declining and may need further review. It has decreased from 2.76 (Mar 2025) to 1.67, marking a decrease of 1.09.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:33 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,096 | 1,013 | 1,218 | 1,351 | 1,497 | 2,047 | 2,474 | 1,905 | 2,662 | 2,628 | 2,453 | 2,218 | 2,222 |
| Expenses | 816 | 664 | 871 | 1,005 | 1,071 | 1,469 | 1,811 | 1,353 | 1,933 | 1,869 | 1,792 | 1,675 | 1,698 |
| Operating Profit | 280 | 348 | 347 | 347 | 427 | 578 | 663 | 552 | 729 | 759 | 661 | 543 | 523 |
| OPM % | 26% | 34% | 29% | 26% | 28% | 28% | 27% | 29% | 27% | 29% | 27% | 24% | 24% |
| Other Income | 127 | 147 | 208 | 210 | 154 | 200 | 268 | 101 | 84 | 103 | 92 | 118 | 118 |
| Interest | 2 | 2 | 1 | 14 | 25 | 10 | 10 | 9 | 13 | 21 | 21 | 34 | 6 |
| Depreciation | 20 | 26 | 37 | 38 | 36 | 38 | 47 | 52 | 66 | 67 | 61 | 62 | 63 |
| Profit before tax | 385 | 468 | 518 | 505 | 519 | 730 | 874 | 593 | 735 | 774 | 670 | 565 | 572 |
| Tax % | 32% | 33% | 34% | 33% | 31% | 33% | 28% | 25% | 27% | 26% | 26% | 25% | |
| Net Profit | 261 | 312 | 340 | 337 | 357 | 490 | 633 | 444 | 539 | 571 | 495 | 424 | 424 |
| EPS in Rs | 10.42 | 12.49 | 13.55 | 6.57 | 6.85 | 9.39 | 12.32 | 9.00 | 10.74 | 11.28 | 9.48 | 8.01 | 8.03 |
| Dividend Payout % | 20% | 20% | 40% | 46% | 32% | 54% | 65% | 72% | 79% | 91% | 95% | 94% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 19.54% | 8.97% | -0.88% | 5.93% | 37.25% | 29.18% | -29.86% | 21.40% | 5.94% | -13.31% | -14.34% |
| Change in YoY Net Profit Growth (%) | 0.00% | -10.57% | -9.86% | 6.82% | 31.32% | -8.07% | -59.04% | 51.25% | -15.46% | -19.25% | -1.03% |
Rites Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -2% |
| 3 Years: | -6% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -9% |
| 3 Years: | -9% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 20% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 18% |
| 3 Years: | 18% |
| Last Year: | 15% |
Last Updated: September 5, 2025, 1:05 pm
Balance Sheet
Last Updated: September 10, 2025, 2:23 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 100 | 100 | 100 | 200 | 200 | 200 | 250 | 240 | 240 | 240 | 240 | 481 |
| Reserves | 1,325 | 1,576 | 1,707 | 1,838 | 2,014 | 2,222 | 2,383 | 2,152 | 2,248 | 2,363 | 2,369 | 2,160 |
| Borrowings | 0 | 0 | 173 | 83 | 55 | 48 | 47 | 37 | 28 | 5 | 8 | 9 |
| Other Liabilities | 2,211 | 1,929 | 2,531 | 2,678 | 2,901 | 2,956 | 3,222 | 3,408 | 3,326 | 3,381 | 3,047 | 3,472 |
| Total Liabilities | 3,636 | 3,605 | 4,511 | 4,799 | 5,170 | 5,426 | 5,903 | 5,837 | 5,842 | 5,991 | 5,664 | 6,121 |
| Fixed Assets | 198 | 212 | 476 | 406 | 402 | 478 | 590 | 584 | 560 | 552 | 535 | 884 |
| CWIP | 20 | 26 | 34 | 5 | 2 | 4 | 4 | 15 | 58 | 101 | 174 | 48 |
| Investments | 228 | 226 | 220 | 328 | 133 | 141 | 261 | 289 | 205 | 130 | 109 | 117 |
| Other Assets | 3,190 | 3,141 | 3,781 | 4,060 | 4,633 | 4,803 | 5,047 | 4,948 | 5,020 | 5,208 | 4,846 | 5,072 |
| Total Assets | 3,636 | 3,605 | 4,511 | 4,799 | 5,170 | 5,426 | 5,903 | 5,837 | 5,842 | 5,991 | 5,664 | 6,121 |
Below is a detailed analysis of the balance sheet data for Rites Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 481.00 Cr.. The value appears strong and on an upward trend. It has increased from 240.00 Cr. (Mar 2024) to 481.00 Cr., marking an increase of 241.00 Cr..
- For Reserves, as of Mar 2025, the value is 2,160.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,369.00 Cr. (Mar 2024) to 2,160.00 Cr., marking a decrease of 209.00 Cr..
- For Borrowings, as of Mar 2025, the value is 9.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 8.00 Cr. (Mar 2024) to 9.00 Cr., marking an increase of 1.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 3,472.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,047.00 Cr. (Mar 2024) to 3,472.00 Cr., marking an increase of 425.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 6,121.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,664.00 Cr. (Mar 2024) to 6,121.00 Cr., marking an increase of 457.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 884.00 Cr.. The value appears strong and on an upward trend. It has increased from 535.00 Cr. (Mar 2024) to 884.00 Cr., marking an increase of 349.00 Cr..
- For CWIP, as of Mar 2025, the value is 48.00 Cr.. The value appears to be declining and may need further review. It has decreased from 174.00 Cr. (Mar 2024) to 48.00 Cr., marking a decrease of 126.00 Cr..
- For Investments, as of Mar 2025, the value is 117.00 Cr.. The value appears strong and on an upward trend. It has increased from 109.00 Cr. (Mar 2024) to 117.00 Cr., marking an increase of 8.00 Cr..
- For Other Assets, as of Mar 2025, the value is 5,072.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,846.00 Cr. (Mar 2024) to 5,072.00 Cr., marking an increase of 226.00 Cr..
- For Total Assets, as of Mar 2025, the value is 6,121.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,664.00 Cr. (Mar 2024) to 6,121.00 Cr., marking an increase of 457.00 Cr..
Notably, the Reserves (2,160.00 Cr.) exceed the Borrowings (9.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 280.00 | 348.00 | 174.00 | 264.00 | 372.00 | 530.00 | 616.00 | 515.00 | 701.00 | 754.00 | 653.00 | 534.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 108 | 137 | 161 | 125 | 114 | 109 | 124 | 112 | 101 | 126 | 134 | 122 |
| Inventory Days | 27 | 32 | 22 | 302 | 11 | 81 | 96 | |||||
| Days Payable | 165 | 408 | 184 | 572 | 144 | 105 | 589 | |||||
| Cash Conversion Cycle | -30 | -239 | 161 | 125 | -47 | -161 | -9 | 112 | 77 | -367 | 134 | 122 |
| Working Capital Days | -529 | -464 | -427 | -449 | -454 | -297 | -240 | -335 | -234 | -219 | -203 | -279 |
| ROCE % | 30% | 28% | 21% | 24% | 30% | 33% | 23% | 29% | 30% | 25% | 22% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund - Regular Plan | 800,000 | 0.05 | 37.6 | 800,000 | 2025-04-22 17:25:21 | 0% |
| SBI PSU Fund | 695,000 | 3.53 | 32.67 | 695,000 | 2025-04-22 17:25:21 | 0% |
| Aditya Birla Sun Life PSU Equity Fund | 470,821 | 1.49 | 22.13 | 470,821 | 2025-04-22 17:25:21 | 0% |
| Axis Value Fund | 93,380 | 1.14 | 4.39 | 93,380 | 2025-04-22 17:25:21 | 0% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 26,131 | 0.24 | 1.23 | 26,131 | 2025-04-22 17:25:21 | 0% |
| SBI Nifty Smallcap 250 Index Fund | 20,411 | 0.24 | 0.96 | 20,411 | 2025-04-22 17:25:21 | 0% |
| Axis Retirement Savings Fund - Dynamic Plan | 17,985 | 0.28 | 0.85 | 17,985 | 2025-04-22 17:25:21 | 0% |
| ICICI Prudential Nifty Smallcap 250 Index Fund | 10,776 | 0.24 | 0.51 | 10,776 | 2025-04-22 17:25:21 | 0% |
| HDFC NIFTY Smallcap 250 ETF | 5,514 | 0.24 | 0.26 | 5,514 | 2025-04-22 17:25:21 | 0% |
| HDFC Nifty Smallcap 250 Index Fund | 4,517 | 0.24 | 0.21 | 4,517 | 2025-04-22 17:25:21 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 8.01 | 18.95 | 23.76 | 21.49 | 17.54 |
| Diluted EPS (Rs.) | 8.01 | 18.95 | 23.76 | 21.49 | 17.54 |
| Cash EPS (Rs.) | 9.85 | 22.90 | 26.50 | 25.11 | 20.60 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 54.93 | 113.23 | 113.16 | 107.97 | 103.21 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 54.93 | 113.23 | 113.16 | 107.97 | 103.21 |
| Revenue From Operations / Share (Rs.) | 46.15 | 102.07 | 109.37 | 110.77 | 77.38 |
| PBDIT / Share (Rs.) | 12.91 | 30.39 | 35.23 | 33.59 | 27.02 |
| PBIT / Share (Rs.) | 11.62 | 27.86 | 32.46 | 30.86 | 24.86 |
| PBT / Share (Rs.) | 11.50 | 27.67 | 32.17 | 30.56 | 24.61 |
| Net Profit / Share (Rs.) | 8.56 | 20.38 | 23.72 | 22.38 | 18.44 |
| NP After MI And SOA / Share (Rs.) | 8.01 | 18.95 | 22.56 | 21.49 | 17.99 |
| PBDIT Margin (%) | 27.98 | 29.77 | 32.21 | 30.32 | 34.92 |
| PBIT Margin (%) | 25.18 | 27.29 | 29.67 | 27.86 | 32.13 |
| PBT Margin (%) | 24.92 | 27.10 | 29.40 | 27.58 | 31.80 |
| Net Profit Margin (%) | 18.55 | 19.96 | 21.68 | 20.20 | 23.83 |
| NP After MI And SOA Margin (%) | 17.35 | 18.56 | 20.62 | 19.39 | 23.25 |
| Return on Networth / Equity (%) | 14.57 | 17.45 | 20.81 | 20.74 | 18.07 |
| Return on Capital Employeed (%) | 19.06 | 22.89 | 25.84 | 26.39 | 21.81 |
| Return On Assets (%) | 6.28 | 8.04 | 9.07 | 8.86 | 7.41 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Asset Turnover Ratio (%) | 0.37 | 0.42 | 0.43 | 0.45 | 0.31 |
| Current Ratio (X) | 1.53 | 1.65 | 1.64 | 1.55 | 1.55 |
| Quick Ratio (X) | 1.51 | 1.65 | 1.63 | 1.51 | 1.46 |
| Inventory Turnover Ratio (X) | 53.43 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 61.20 | 100.25 | 86.44 | 81.43 | 84.71 |
| Dividend Payout Ratio (CP) (%) | 52.69 | 88.47 | 76.97 | 72.25 | 75.63 |
| Earning Retention Ratio (%) | 38.80 | -0.25 | 13.56 | 18.57 | 15.29 |
| Cash Earning Retention Ratio (%) | 47.31 | 11.53 | 23.03 | 27.75 | 24.37 |
| Interest Coverage Ratio (X) | 107.02 | 155.04 | 120.27 | 111.34 | 108.05 |
| Interest Coverage Ratio (Post Tax) (X) | 71.94 | 104.98 | 81.97 | 75.19 | 74.73 |
| Enterprise Value (Cr.) | 7473.00 | 12933.72 | 5189.07 | 3146.36 | 2532.47 |
| EV / Net Operating Revenue (X) | 3.37 | 5.27 | 1.97 | 1.18 | 1.36 |
| EV / EBITDA (X) | 12.04 | 17.71 | 6.13 | 3.90 | 3.90 |
| MarketCap / Net Operating Revenue (X) | 4.84 | 6.51 | 3.24 | 2.37 | 3.11 |
| Retention Ratios (%) | 38.79 | -0.25 | 13.55 | 18.56 | 15.28 |
| Price / BV (X) | 4.07 | 6.12 | 3.27 | 2.54 | 2.42 |
| Price / Net Operating Revenue (X) | 4.84 | 6.51 | 3.24 | 2.37 | 3.11 |
| EarningsYield | 0.03 | 0.02 | 0.06 | 0.08 | 0.07 |
After reviewing the key financial ratios for Rites Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 8.01. This value is within the healthy range. It has decreased from 18.95 (Mar 24) to 8.01, marking a decrease of 10.94.
- For Diluted EPS (Rs.), as of Mar 25, the value is 8.01. This value is within the healthy range. It has decreased from 18.95 (Mar 24) to 8.01, marking a decrease of 10.94.
- For Cash EPS (Rs.), as of Mar 25, the value is 9.85. This value is within the healthy range. It has decreased from 22.90 (Mar 24) to 9.85, marking a decrease of 13.05.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 54.93. It has decreased from 113.23 (Mar 24) to 54.93, marking a decrease of 58.30.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 54.93. It has decreased from 113.23 (Mar 24) to 54.93, marking a decrease of 58.30.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 46.15. It has decreased from 102.07 (Mar 24) to 46.15, marking a decrease of 55.92.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 12.91. This value is within the healthy range. It has decreased from 30.39 (Mar 24) to 12.91, marking a decrease of 17.48.
- For PBIT / Share (Rs.), as of Mar 25, the value is 11.62. This value is within the healthy range. It has decreased from 27.86 (Mar 24) to 11.62, marking a decrease of 16.24.
- For PBT / Share (Rs.), as of Mar 25, the value is 11.50. This value is within the healthy range. It has decreased from 27.67 (Mar 24) to 11.50, marking a decrease of 16.17.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 8.56. This value is within the healthy range. It has decreased from 20.38 (Mar 24) to 8.56, marking a decrease of 11.82.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 8.01. This value is within the healthy range. It has decreased from 18.95 (Mar 24) to 8.01, marking a decrease of 10.94.
- For PBDIT Margin (%), as of Mar 25, the value is 27.98. This value is within the healthy range. It has decreased from 29.77 (Mar 24) to 27.98, marking a decrease of 1.79.
- For PBIT Margin (%), as of Mar 25, the value is 25.18. This value exceeds the healthy maximum of 20. It has decreased from 27.29 (Mar 24) to 25.18, marking a decrease of 2.11.
- For PBT Margin (%), as of Mar 25, the value is 24.92. This value is within the healthy range. It has decreased from 27.10 (Mar 24) to 24.92, marking a decrease of 2.18.
- For Net Profit Margin (%), as of Mar 25, the value is 18.55. This value exceeds the healthy maximum of 10. It has decreased from 19.96 (Mar 24) to 18.55, marking a decrease of 1.41.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 17.35. This value is within the healthy range. It has decreased from 18.56 (Mar 24) to 17.35, marking a decrease of 1.21.
- For Return on Networth / Equity (%), as of Mar 25, the value is 14.57. This value is below the healthy minimum of 15. It has decreased from 17.45 (Mar 24) to 14.57, marking a decrease of 2.88.
- For Return on Capital Employeed (%), as of Mar 25, the value is 19.06. This value is within the healthy range. It has decreased from 22.89 (Mar 24) to 19.06, marking a decrease of 3.83.
- For Return On Assets (%), as of Mar 25, the value is 6.28. This value is within the healthy range. It has decreased from 8.04 (Mar 24) to 6.28, marking a decrease of 1.76.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.37. It has decreased from 0.42 (Mar 24) to 0.37, marking a decrease of 0.05.
- For Current Ratio (X), as of Mar 25, the value is 1.53. This value is within the healthy range. It has decreased from 1.65 (Mar 24) to 1.53, marking a decrease of 0.12.
- For Quick Ratio (X), as of Mar 25, the value is 1.51. This value is within the healthy range. It has decreased from 1.65 (Mar 24) to 1.51, marking a decrease of 0.14.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 53.43. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 53.43, marking an increase of 53.43.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 61.20. This value exceeds the healthy maximum of 50. It has decreased from 100.25 (Mar 24) to 61.20, marking a decrease of 39.05.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 52.69. This value exceeds the healthy maximum of 50. It has decreased from 88.47 (Mar 24) to 52.69, marking a decrease of 35.78.
- For Earning Retention Ratio (%), as of Mar 25, the value is 38.80. This value is below the healthy minimum of 40. It has increased from -0.25 (Mar 24) to 38.80, marking an increase of 39.05.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 47.31. This value is within the healthy range. It has increased from 11.53 (Mar 24) to 47.31, marking an increase of 35.78.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 107.02. This value is within the healthy range. It has decreased from 155.04 (Mar 24) to 107.02, marking a decrease of 48.02.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 71.94. This value is within the healthy range. It has decreased from 104.98 (Mar 24) to 71.94, marking a decrease of 33.04.
- For Enterprise Value (Cr.), as of Mar 25, the value is 7,473.00. It has decreased from 12,933.72 (Mar 24) to 7,473.00, marking a decrease of 5,460.72.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.37. This value exceeds the healthy maximum of 3. It has decreased from 5.27 (Mar 24) to 3.37, marking a decrease of 1.90.
- For EV / EBITDA (X), as of Mar 25, the value is 12.04. This value is within the healthy range. It has decreased from 17.71 (Mar 24) to 12.04, marking a decrease of 5.67.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.84. This value exceeds the healthy maximum of 3. It has decreased from 6.51 (Mar 24) to 4.84, marking a decrease of 1.67.
- For Retention Ratios (%), as of Mar 25, the value is 38.79. This value is within the healthy range. It has increased from -0.25 (Mar 24) to 38.79, marking an increase of 39.04.
- For Price / BV (X), as of Mar 25, the value is 4.07. This value exceeds the healthy maximum of 3. It has decreased from 6.12 (Mar 24) to 4.07, marking a decrease of 2.05.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.84. This value exceeds the healthy maximum of 3. It has decreased from 6.51 (Mar 24) to 4.84, marking a decrease of 1.67.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 24) to 0.03, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Rites Ltd:
- Net Profit Margin: 18.55%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 19.06% (Industry Average ROCE: 12.09%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 14.57% (Industry Average ROE: 10.71%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 71.94
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.51
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 30.6 (Industry average Stock P/E: 62.26)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 18.55%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Project Consultancy/Turnkey | Scope Minar, Laxmi Nagar, Delhi Delhi 110092 | cs@rites.com https://www.rites.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rahul Mithal | Chairman & M.D & CEO |
| Mr. Krishna Gopal Agarwal | Director - Finance & CFO |
| Dr. Deepak Tripathi | Director - Technical |
| Dr. Dineshananda Goswam | Independent Director |
| Mr. Likha Togu | Independent Director |
| Mr. Sandeep Jain | Government Nominee Director |
| Mr. Shailendra Singh | Government Nominee Director |
| Mr. Rajbir Sharma | Independent Director |
| Ms. Purnima Kerketta | Independent Director |
FAQ
What is the intrinsic value of Rites Ltd?
Rites Ltd's intrinsic value (as of 28 October 2025) is 203.67 which is 16.87% lower the current market price of 245.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 11,794 Cr. market cap, FY2025-2026 high/low of 316/192, reserves of ₹2,160 Cr, and liabilities of 6,121 Cr.
What is the Market Cap of Rites Ltd?
The Market Cap of Rites Ltd is 11,794 Cr..
What is the current Stock Price of Rites Ltd as on 28 October 2025?
The current stock price of Rites Ltd as on 28 October 2025 is 245.
What is the High / Low of Rites Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Rites Ltd stocks is 316/192.
What is the Stock P/E of Rites Ltd?
The Stock P/E of Rites Ltd is 30.6.
What is the Book Value of Rites Ltd?
The Book Value of Rites Ltd is 54.9.
What is the Dividend Yield of Rites Ltd?
The Dividend Yield of Rites Ltd is 3.09 %.
What is the ROCE of Rites Ltd?
The ROCE of Rites Ltd is 21.8 %.
What is the ROE of Rites Ltd?
The ROE of Rites Ltd is 14.7 %.
What is the Face Value of Rites Ltd?
The Face Value of Rites Ltd is 10.0.