Rites Ltd Analyst Rating
based on 4 analysts
50.00%
Buy
50.00%
Hold
0.00%
Sell
Based on 4 analysts offering long term price targets for Rites Ltd. An average target of ₹326.75
Source: S&P Global Market Intelligence
Rites Ltd Share analysis
Rites Ltd price forecast by 4 analysts
Upside of11.50%
High
₹347
Target
₹326.75
Low
₹309
Rites Ltd target price ₹326.75, a slight upside of 11.5% compared to current price of ₹281. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Rites Ltd revenue growth forecast
Expected growth rate Q1, FY2026:24.20%
Forecast
Actual
Including amortisation and stock based compensations
Rites Ltd EPS growth forecast
EPS estimate Q1, FY2026:17.74%
Forecast
Actual
Source: S&P Global Market Intelligence
Rites Ltd Performance
Day's Low
Day's High
₹278.1Day's Price Range₹294.4552 Week's Low
52 Week's High
₹235.4852-Week Price Range₹412.98
| Returns % | |
| 1 Month Return | + 7.09 % |
| 3 Month Return | -19.45 % |
| 1 Year Return | + 20.95 % |
| Market Stats | |
| Previous Close | ₹293.05 |
| Open | ₹291.30 |
| Volume | 11.10L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,290.75Cr |
Rites Ltd Key Statistics
| P/E Ratio | 35.35 |
| PEG Ratio | -20.55 |
| Market Cap | ₹14,290.75 Cr |
| P/B Ratio | 6.37 |
| EPS | 10.305 |
| Dividend Yield | 2.71 |
| Sector | Miscellaneous |
| ROE | 18.13 |
Rites Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹14,290.75 Cr | 21.55% | 0.54 | ₹495 Cr | ₹2,452 Cr | |
| HOLD | ₹26,657.10 Cr | 63.82% | 0.56 | ₹414 Cr | ₹10,432 Cr | |
| BUY | ₹31,150.70 Cr | 100.98% | 0.65 | ₹401 Cr | ₹4,896 Cr | |
| ₹95,379.24 Cr | 370.81% | 0.73 | ₹1,574 Cr | ₹21,889 Cr | ||
| BUY | ₹10,780.43 Cr | 10.95% | 0.58 | -₹211 Cr | ₹3,035 Cr |
Rites Ltd Mutual Fund Holdings
About Rites Ltd
The company offers a wide range of services and products in the areas of transport infrastructure, rolling stock, consultancy, project management and engineering services. Rites Ltd is a major manufacturer of locomotives and rolling stock for Indian Railways, as well as for international customers. It also manufactures and supplies a wide range of components for the railway industry.
Rites Ltd's top products include diesel and electric locomotives, coaches, wagons, bogies, freight cars, and other railway components. The company also offers its services in the areas of feasibility studies, project management, engineering, and consultancy.
Share Price: ₹281.00 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹14,290.75Cr as of today
Revenue: ₹540.86Cr as on September 2024 (Q3 24)
Net Profit: ₹82.50Cr as on September 2024 (Q3 24)
Listing date: 02 Jul, 2018
Chairperson Name: Rahul Mithal
| Organisation | Rites Ltd |
| Headquarters | Gurgaon |
| Industry | Miscellaneous |
| E-voting on shares | Click here to vote |
Key events for Rites Ltd
RITES Secures Major Consultancy Contract - 17 Dec, 2024
RITES has been awarded a Rs 122.60 crore consultancy contract by the Meerut Development Authority for a five-year project involving detailed project report preparation and construction supervision.RITES Secures Major Contract, Shares Rise - 16 Dec, 2024
RITES Limited has been awarded a Rs 297.67 crore contract for an Integrated Check Post by the Ministry of External Affairs, boosting investor confidence. The company also reported a decline in net profit for Q2 FY25, but shares rose by 4% following the announcement.Management Changes Announced at RITES Limited - 13 Dec, 2024
RITES Limited announced senior management changes, with Shri N D Patankar appointed as Regional Head/WRPO, succeeding Shri Shrirang Dharmaji Kamble, who is repatriated to the Ministry of Railways.RITES Secures Major Contracts Amid Profit Decline - 09 Dec, 2024
RITES Ltd. secured a $9.71 million contract for highway upgrades in Guyana, boosting shares by 5%. Despite a 25% drop in net profit, the company announced a dividend of ₹1.75 per share.RITES Secures Major Orders Boosting Growth Prospects - 08 Dec, 2024
RITES has secured a $97.1 million order from the Guyana government for highway upgrades, enhancing its order book, which grew 3.55% in Q2. Additionally, RITES was appointed as Project Management Consultant for IIM Raipur's Phase II campus, valued at Rs 148.25 crore.RITES Secures Major Order, Shares Surge - 06 Dec, 2024
RITES Ltd. shares rose nearly 5% after winning a Rs 148.25 crore project management contract for IIM Raipur's campus development, despite recent declines in net profit and revenue.RITES Secures Project Management Contract Amid Profit Decline - 05 Dec, 2024
RITES Ltd has secured a ₹148.25 crore project management contract for IIM Raipur's Phase II campus. However, the company reported a 25% decline in net profit and a 7.1% drop in revenue for the quarter.RITES Secures Major Electrification Order and Strong Growth Outlook - 27 Nov, 2024
RITES has received a significant railway electrification order for the Limding-Badarpur line and revised estimates from the Northeast Frontier Railway. With a robust order book of approximately Rs 15,000 crore, primarily from exports, RITES is expected to see growth despite challenging margins, aiding execution from FY26 onwards.RITES Shares Surge on Revised Project Estimates - 25 Nov, 2024
RITES shares jumped 13% after announcing revised estimates for a major railway electrification project, increasing the cost to ₹531.77 crore. The project enhances RITES' order book and reflects strong growth potential.Rites Ltd Faces Increased Costs in Railway Project - 24 Nov, 2024
Rites Ltd has received revised estimates for its railway electrification project in the Lumding-Badarpur section, with costs rising from ₹288.44 crore to ₹531.77 crore, excluding GST.Rites Revises Electrification Project Cost Significantly - 23 Nov, 2024
Rites has revised the cost estimate for the Northeast Frontier Railway electrification project to Rs 532 crore, reflecting a significant increase from the original estimate. The company's Q2 FY25 net profit declined by 27.84%, and shares rose 0.49% to Rs 275.20.RITES Secures Higher Estimate for Electrification Project - 22 Nov, 2024
RITES Ltd. announced a revised estimate of Rs 532 crore for its electrification project with Northeast Frontier Railway, significantly up from the original Rs 288.44 crore. The company also reported a 25% decline in net profit for the quarter, alongside a drop in revenue and EBITDA margins.Rites Partners with NISE for Renewable Energy Quality - 21 Nov, 2024
Rites Ltd has signed a memorandum of understanding with the National Institute of Solar Energy to provide quality assurance services for solar and renewable energy projects, aiming to enhance infrastructure and promote skill development. Despite a decline in net profit and revenue, shares rose slightly.RITES Ltd Signs MoU and Receives Upgrade - 20 Nov, 2024
RITES Ltd has signed a MoU with the National Institute of Solar Energy for quality assurance in renewable projects. Elara Capital upgraded the stock to BUY, highlighting strong export orders and a positive outlook despite some EPS reductions.RITES Partners with NISE for Renewable Energy Quality Assurance - 19 Nov, 2024
RITES Ltd. has signed an MoU with the National Institute of Solar Energy to collaborate on Quality Assurance services for solar and renewable energy projects, enhancing infrastructure and skill development in the sector.
Insights on Rites Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 510.42 Cr → 563.23 Cr (in ₹), with an average increase of 9.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 13.51% to 14.97% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 72.20% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Firstsource Solutions Ltd has given 98.0% return, outperforming this stock by 82.7%
- NO EFFECT
Against Peers
In the last 3 years, eClerx Services Ltd has given 151.0% return, outperforming this stock by 23.3%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 126.1 Cr → 72.98 Cr (in ₹), with an average decrease of 22.5% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, RITES stock has moved down by -14.1%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.32% to 2.83% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.50% to 3.19% in Sep 2024 quarter
Rites Ltd Financials
Index Inclusions
Rites Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.2% | 0.00 | |
| Foreign Institutions | 3.19% | ||
| Mutual Funds | 2.83% | ||
| Retail Investors | 14.97% | 10.78 | |
| Others | 6.81% |
Rites Ltd Key Indicators
Rites Ltd Valuation
Rites Ltd in the last 5 years
Lowest (9.02x)
March 23, 2020
Today (35.35x)
December 19, 2024
Industry (50.72x)
December 19, 2024
Highest (43.71x)
July 8, 2024
Rites Ltd Earnings and Dividends
Rites Ltd Earnings Results
Rites Ltd’s net profit fell -27.85% since last year same period to ₹72.98Cr in the Q2 2024-2025. On a quarterly growth basis, Rites Ltd has generated -7.64% fall in its net profits since last 3-months.
Read More about Earnings ResultsRites Ltd Dividends November,2024
In the quarter ending September 2024, Rites Ltd has declared dividend of ₹1.75 - translating a dividend yield of 4.98%.
Read More about Dividends
Rites Ltd Technicals Summary
Bearish
Neutral
Bullish
Rites Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Rites Ltd (RITES) share price today is ₹281
Rites Ltd is listed on NSE
Rites Ltd is listed on BSE
- Today’s highest price of Rites Ltd is ₹294.45.
- Today’s lowest price of Rites Ltd is ₹278.1.
PE Ratio of Rites Ltd is 35.35
PE ratio = Rites Ltd Market price per share / Rites Ltd Earnings per share
Today’s traded volume of Rites Ltd(RITES) is 11.10L.
Today’s market capitalisation of Rites Ltd(RITES) is ₹14290.75Cr.
| Rites Ltd(RITES | Price |
|---|---|
52 Week High | ₹412.98 |
52 Week Low | ₹235.48 |
Rites Ltd(RITES) share price is ₹281. It is down -31.96% from its 52 Week High price of ₹412.98
Rites Ltd(RITES) share price is ₹281. It is up 19.33% from its 52 Week Low price of ₹235.48
| Rites Ltd(RITES | Returns |
|---|---|
1 Day Returns | -12.05% |
1 Month Returns | 7.09% |
3 Month Returns | -19.45% |
1 Year Returns | 20.95% |