RITES Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹510.05
- Today's High:
- ₹572.4
- Open Price:
- ₹572.4
- 52W Low:
- ₹274.6135
- 52W High:
- ₹520.7
- Prev. Close:
- ₹567.95
- Volume:
- 367032
Company Statistics
- Market Cap.:
- ₹122.16 billion
- Book Value:
- 108.285
- Revenue TTM:
- ₹25.68 billion
- Operating Margin TTM:
- 25.68%
- Gross Profit TTM:
- ₹9.43 billion
- Profit Margin:
- 19.96%
- Return on Assets TTM:
- 7.19%
- Return on Equity TTM:
- 21.49%
Company Profile
RITES Limited had its IPO on under the ticker symbol RITES.
The company operates in the Industrials sector and Engineering & Construction industry. RITES Limited has a staff strength of 1,710 employees.
Stock update
Shares of RITES Limited opened at ₹572.4 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹510.05 - ₹572.4, and closed at ₹514.2.
This is a -9.46% slip from the previous day's closing price.
A total volume of 367,032 shares were traded at the close of the day’s session.
In the last one week, shares of RITES Limited have increased by +2.12%.
RITES Limited's Key Ratios
RITES Limited has a market cap of ₹122.16 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.
In the last 12-months RITES Limited’s revenue was ₹25.68 billion with a gross profit of ₹9.43 billion and an EBITDA of ₹7.28 billion. The EBITDA ratio measures RITES Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, RITES Limited’s operating margin was 25.68% while its return on assets stood at 7.19% with a return of equity of 21.49%.
In Q2, RITES Limited’s quarterly earnings growth was a negative -21.5% while revenue growth was a negative 10%.
RITES Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 21.2343
- PEG
Its diluted EPS in the last 12-months stands at ₹23.94 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into RITES Limited’s profitability.
RITES Limited stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.
RITES Limited stock pays annual dividends of ₹20.25 per share, indicating a yield of 3.98% and a payout ratio of 57.92%.
Balance sheet and cash flow metrics
- Total Assets
- ₹2.10 billion
- Total Liabilities
- ₹403.43 million
- Operating Cash Flow
- ₹81.01 million
- Capital Expenditure
- ₹5.75 million
- Dividend Payout Ratio
- 57.92%
RITES Limited ended 2024 with ₹2.10 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹2.10 billion while shareholder equity stood at ₹1.17 billion.
RITES Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹403.43 million in other current liabilities, 274208000.00 in common stock, ₹891.43 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹48.81 million and cash and short-term investments were ₹102.25 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹6.42 million.
RITES Limited’s total current assets stands at ₹1.90 billion while long-term investments were ₹0 and short-term investments were ₹53.44 million. Its net receivables were ₹350.46 million compared to accounts payable of ₹3.02 billion and inventory worth ₹1.17 billion.
In 2024, RITES Limited's operating cash flow was ₹81.01 million while its capital expenditure stood at ₹5.75 million.
Comparatively, RITES Limited paid ₹0.58 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹514.2
- 52-Week High
- ₹520.7
- 52-Week Low
- ₹274.6135
- Analyst Target Price
- ₹
RITES Limited stock is currently trading at ₹514.2 per share. It touched a 52-week high of ₹520.7 and a 52-week low of ₹520.7. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹451.43 and 200-day moving average was ₹374.69 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 7220.3% of the company’s stock are held by insiders while 1573.8% are held by institutions.
Frequently Asked Questions About RITES Limited
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About
RITES Limited, together with its subsidiaries, provides consultancy, engineering, and project management services in the field of railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy. The company operates through four segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and spares; and Turnkey Construction Projects. It is involved in the survey and feasibility studies, detailed design and engineering, project management consultancy, technical audit, third party inspection, quality assurance, construction supervision, and leasing and export of locomotives and rolling stock; and maintenance and operational facilities such as smart yards, coaching, and freight maintenance depots. The company also constructs railway workshops, track doubling /tripling/quadruplicating, new/additional railway line, railway electrification, redevelopment of railway stations, institutional buildings, wind, solar and other renewable energy projects on a turnkey basis; and civil construction works; and generates power from windmills and solar energy plants. In addition, it offers services in the field of road/railway tunnels engineering, urban engineering, electrical engineering, information technology, privatization and concession projects, railway electrification, rolling stock design, railway equipment, signaling & telecommunications, surveys, and training programs. The company serves central/state governments, public sector undertakings, large corporations, and private enterprises in India, Asia, and Africa. RITES Limited was incorporated in 1974 and is based in Gurugram, India.