Should I buy or sell RITES?

The average broker rating on RITES is Buy. The breakup of analyst rating is given below - 0 analysts have given a strong sell rating 1 analysts have given a sell rating 3 analysts have given a hold rating 0 analysts have given a buy rating 2 analysts have given a strong buy rating

Is RITES a good stock to invest in?

RITES can be analyzed on the following key metrics - TTM P/E: 14.91 Sector P/E: 0 Dividend Yield: 5.03% D/E ratio: -

Home > Market > Market Stats > RITES

RITES Share Price

Sector: Business Services

351.35 -7.10 (-1.98%)

Price Range

Today’s Low 346.9

Today’s High 357.95

52 Week Low 226.05

52 Week High 433.2

Key Metrics

Market Cap (In Cr) 8606.41
Beta 0.59
Div. Yield (%) 5.03
P/B 3.46
TTM P/E 14.91
Peg Ratio 2.2
Sector P/E 0
D/E -
Open Price 354.05
Prev Close 358.45

View All Metrics on Mint Genie

RITES Analysis

Price Analysis

1 Week

4.17%
3 Months

9.44%
6 Month

19.9%
YTD

5.57%
1 Year

34.77%

Risk Meter

44% Low risk
44% Moderate risk
44% Balanced Risk
44% High risk
44% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
2
2
2
1

Hold
3
3
3
3

Sell
1
1
1
1

Strong Sell
0
0
0
0

Total
6
6
6
6

RITES Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2022

Total Revenue
2661.83

Selling/ General/ Admin Expenses Total
646.72

Depreciation/ Amortization
65.61

Other Operating Expenses Total
58.47

Total Operating Expense
2003.47

Operating Income
658.36

Net Income Before Taxes
735.1

Net Income
516.37

Diluted Normalized EPS
21.54

Period
2021

Total Revenue
1859.54

Selling/ General/ Admin Expenses Total
577.58

Depreciation/ Amortization
51.87

Other Operating Expenses Total
12.81

Total Operating Expense
1407.34

Operating Income
452.2

Net Income Before Taxes
592.55

Net Income
432.38

Diluted Normalized EPS
18.08

Period
2020

Total Revenue
2474.41

Selling/ General/ Admin Expenses Total
650.43

Depreciation/ Amortization
47.25

Other Operating Expenses Total
12.02

Total Operating Expense
1860.85

Operating Income
613.56

Net Income Before Taxes
874.35

Net Income
616.1

Diluted Normalized EPS
25.36

Period
2019

Total Revenue
2047.45

Selling/ General/ Admin Expenses Total
625.37

Depreciation/ Amortization
38.36

Other Operating Expenses Total
2.94

Total Operating Expense
1509.69

Operating Income
537.76

Net Income Before Taxes
730.05

Net Income
469.51

Diluted Normalized EPS
19.28

Period
2018

Total Revenue
1497.45

Selling/ General/ Admin Expenses Total
582.56

Depreciation/ Amortization
36.31

Total Operating Expense
1118.92

Operating Income
378.53

Net Income Before Taxes
518.63

Net Income
342.48

Diluted Normalized EPS
16.02

Period
2017

Total Revenue
1351.46

Selling/ General/ Admin Expenses Total
561.09

Depreciation/ Amortization
38.22

Total Operating Expense
1033.57

Operating Income
317.89

Net Income Before Taxes
504.61

Net Income
328.38

Diluted Normalized EPS
13.14

View detailed financials on Mint Genie

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

RITES Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

CRISIL
3050
-69.45
-2.23
3860
2712.05
22265

Allcargo Logistics
355.7
-10.9
-2.97
494.85
249.5
8739.39

RITES
351.35
-7.1
-1.98
433.2
226.05
8443.01

BLS International Services
152.85
-2.7
-1.74
209.15
56.3
6263.79

Sun Pharma Advanced Research Com
172.8
-9.35
-5.13
309
160.5
4698.07

RITES Shareholding

Category
Percentage
No. of shares

Public Shareholding
27.8%
66,797,114

LIFE INSURANCE CORPORATION OF INDIA
8.15%
19,584,120

Others
1.2%
2,902,848

NIPPON LIFE INDIA TRUSTEE LIMITED
5.82%
13,982,375

Others
0.59%
1,436,528

Others
5.57%
13,384,715

Others
2.61%
6,266,612

Others
1.42%
3,422,585

Others
1.33%
3,184,869

Others
0.61%
1,460,332

HUF
0.35%
835,647

LLP
0.08%
193,073

Clearing Members
0.04%
97,447

Trusts
0.02%
40,546

Others
0%
3,497

Others
0%
1,720

Others
0%
200

Promoter & Promoter Group Shareholding
72.2%
173,504,773

PRESIDENT OF INDIA
72.2%
173,504,773

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

09-Feb-23
Quarterly Results & Interim Dividend

10-Nov-22
Quarterly Results & Interim Dividend

28-Jul-22
Quarterly Results & Interim Dividend

24-May-22
Audited Results & Final Dividend

14-Mar-22
Interim Dividend

08-Feb-22
Quarterly Results

11-Nov-21
Quarterly Results & Interim Dividend

12-Aug-21
Quarterly Results & Interim Dividend

16-Jun-21
Audited Results & Final Dividend

12-Mar-21
Interim Dividend

Meeting Date
Announced on
Purpose

13-Jun-22
11-May-22
POM

12-Apr-22
10-Mar-22
POM

Announced on
Record Date
Ex-Dividend
Dividend Value

19-Jan-23
17-Feb-23
17-Feb-23
6

03-Nov-22
18-Nov-22
17-Nov-22
4.5

24-May-22
-
08-Sept-22
3.5

20-Jul-22
05-Aug-22
04-Aug-22
4

14-Mar-22
25-Mar-22
24-Mar-22
7.5

11-Nov-21
25-Nov-21
24-Nov-21
4

16-Jun-21
-
20-Sept-21
4

05-Aug-21
21-Aug-21
18-Aug-21
2

05-Mar-21
20-Mar-21
18-Mar-21
4

Company Profile

ABOUT RITES

Industry Business Services
ISIN INE320J01015
BSE Code 541556
NSE Code RITES

RITES Limited is an India-based engineering and consultancy company. The Company offers various services from concept to commissioning in transport infrastructure and related technologies. Its segments include Consultancy-Domestic, Consultancy-Abroad, Export Sale, Leasing-Domestic, Turnkey Construction Projects-Domestic and Power Generation. Its business engagements as consultants, engineers and project managers are in railways, highways, airports, ports, ropeways, urban transport and inland waterways in India and abroad. It also provides services of third-party inspection, quality assurance, construction supervision and project management, operations and maintenance, leasing, export of rolling stock and modernization of railways workshop projects, doubling and electrification on turnkey basis. It provides its services in approximately 55 countries in Asia, Africa, Latin America, South America and Middle East regions. RITES (Afrika) (Pty) Limited and REMC Limited are its subsidiaries.

MANAGEMENT

Rahul Mithal Chairman of the Board, Chief Executive Officer, Managing Director
Bibhu Nayak Chief Financial Officer, Finance Director, Whole Time Director
Ved Prakash Chief People Officer
Sanjay Gupta Chief Information Technology Officer
Joshit Sikidar Compliance Officer, Company Secretary
Pawan Chowdhary Chief Risk Officer, Executive Director - Buildings and Airports
Vijay Kumar General Manager - Highway
A. K. Chandra Director (Technical), Executive Director
Gopi Varadarajan Director - Projects, Whole Time Director
Sanjay Agarwal Executive Director - Regional Projects

RITES SUMMARY

RITES is trading 1.98% lower at Rs 351.35 as compared to its last closing price. RITES has been trading in the price range of 357.95 & 346.9. RITES has given 5.57% in this year & 4.17% in the last 5 days.

RITES has TTM P/E ratio 14.91. There are 6 analysts who have initiated coverage on RITES. There are 2 analysts who have given it a strong buy rating & 0 analysts have given it a buy rating. 1 analysts have given the stock a sell rating.

The company posted a net profit of 140.09 Crores in its last quarter.

Listed peers of RITES include CRISIL (-2.23%), Allcargo Logistics (-2.97%), RITES (-1.98%) etc.

RITES has a 72.2% promoter holding & 27.8% public holding.

FAQs about RITES

RITES is trading at 351.35 as on 24 Mar, 2023 3:29:56 PM. This is -1.98% lower as compared to its previous closing price of 358.45

The market capitalization of RITES is 8606.41 Cr as on 24 Mar, 2023 3:29:56 PM.

The average broker rating on RITES is Buy. The breakup of analyst rating is given below -

0 analysts have given a strong sell rating
1 analysts have given a sell rating
3 analysts have given a hold rating
0 analysts have given a buy rating
2 analysts have given a strong buy rating

The 52 wk high for RITES is 433.2 whereas the 52 wk low is 226.05

RITES can be analyzed on the following key metrics -

TTM P/E: 14.91
Sector P/E: 0
Dividend Yield: 5.03%
D/E ratio: -

RITES reported a net profit of 516.37 Cr in 2022.

RITES Share Price

Price Range