About
RITES Limited, together with its subsidiaries, operates as an engineering consultancy company in the field of railways, highways, airports, ports, ropeways, urban transport, and inland waterways. The company operates through five segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and Spares; Turnkey Construction Projects; and Power Generation. It provides consultancy services, including conducting techno-economic and feasibility studies and preparation of detailed project reports, design engineering services, procurement assistance services, project management consultancy services, quality assurance services and inspection, training services, construction supervision, materials system management services, and commissioning support and general transaction advisory services. The company also undertakes construction projects, such as railway line enhancement works for railway systems, modernization of railway workshops, and building works; leases locomotives; and provides quality assurance services, including pre-dispatch inspections, in-process/stage inspections, testing, and conformity assessments. In addition, it offers integrated export packages for rolling stock, including supply, leasing, rehabilitation, maintenance and spare part support; and renders technical consultancy for the establishment of new and modernization of existing workshops, facility planning for rolling stock maintenance, and training and technology transfer. The company serves governments, governmental instrumentalities, public sector enterprises, and large private entities in India, Asia, Africa, and internationally. RITES Limited was incorporated in 1974 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap10,385 Cr
P/E24.90
Div Yield3.68 %
Book Value₹55.80
52w High₹281.00
52w Low₹175.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 498.00 | 737.00 | 569.00 | 514.00 | 456.00 | 574.00 | 545.00 | 510.00 | 454.00 | 606.00 | 653.00 | 549.00 | 504.00 |
| Expenses | 413.00 | 594.00 | 462.00 | 414.00 | 372.00 | 412.00 | 454.00 | 430.00 | 376.00 | 461.00 | 509.00 | 439.00 | 377.00 |
| Operating Profit | 85.00 | 143.00 | 107.00 | 100.00 | 84.00 | 162.00 | 90.00 | 80.00 | 78.00 | 145.00 | 144.00 | 111.00 | 126.00 |
| OPM % | 17.00 | 19.00 | 19.00 | 19.00 | 18.00 | 28.00 | 17.00 | 16.00 | 17.00 | 24.00 | 22.00 | 20.00 | 25.00 |
| Other Income | 27.00 | 49.00 | 34.00 | 47.00 | 20.00 | 36.00 | 47.00 | 43.00 | 21.00 | 33.00 | 25.00 | 51.00 | 18.00 |
| Depreciation | 14.00 | 14.00 | 15.00 | 15.00 | 13.00 | 15.00 | 14.00 | 13.00 | 12.00 | 13.00 | 13.00 | 12.00 | 14.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 0.00 | 2.00 | 1.00 | 1.00 |
| Profit before tax | 97.00 | 176.00 | 125.00 | 132.00 | 90.00 | 182.00 | 123.00 | 108.00 | 86.00 | 164.00 | 155.00 | 149.00 | 129.00 |
| Tax % | 26.00 | 23.00 | 24.00 | 22.00 | 26.00 | 26.00 | 23.00 | 20.00 | 25.00 | 25.00 | 23.00 | 22.00 | 26.00 |
| Net Profit | 72.00 | 136.00 | 96.00 | 102.00 | 67.00 | 134.00 | 95.00 | 86.00 | 65.00 | 123.00 | 119.00 | 117.00 | 96.00 |
| EPS in Rs | 1.49 | 2.84 | 1.99 | 2.13 | 1.39 | 2.80 | 1.98 | 1.79 | 1.35 | 2.56 | 2.47 | 2.43 | 2.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,276.00 | 2,074.00 | 2,312.00 | 2,520.00 | 2,575.00 | 1,843.00 | 2,401.00 | 1,969.00 | 1,434.00 | 1,299.00 | 1,075.00 | 1,011.00 |
| Expenses | 1,842.00 | 1,664.00 | 1,786.00 | 1,864.00 | 1,923.00 | 1,337.00 | 1,798.00 | 1,452.00 | 1,067.00 | 985.00 | 729.00 | 662.00 |
| Operating Profit | 434.00 | 410.00 | 526.00 | 655.00 | 652.00 | 506.00 | 602.00 | 517.00 | 367.00 | 315.00 | 346.00 | 349.00 |
| OPM % | 19.00 | 20.00 | 23.00 | 26.00 | 25.00 | 27.00 | 25.00 | 26.00 | 26.00 | 24.00 | 32.00 | 35.00 |
| Other Income | 150.00 | 148.00 | 127.00 | 119.00 | 86.00 | 104.00 | 264.00 | 195.00 | 152.00 | 207.00 | 135.00 | 145.00 |
| Interest | 4.00 | 6.00 | 5.00 | 7.00 | 5.00 | 3.00 | 3.00 | 4.00 | 5.00 | 2.00 | 1.00 | 2.00 |
| Depreciation | 57.00 | 53.00 | 51.00 | 59.00 | 58.00 | 45.00 | 41.00 | 32.00 | 30.00 | 32.00 | 32.00 | 26.00 |
| Profit before tax | 523.00 | 499.00 | 597.00 | 709.00 | 675.00 | 562.00 | 823.00 | 677.00 | 485.00 | 488.00 | 448.00 | 467.00 |
| Tax % | 23.00 | 24.00 | 24.00 | 25.00 | 26.00 | 25.00 | 28.00 | 34.00 | 32.00 | 32.00 | 37.00 | 33.00 |
| Net Profit | 401.00 | 380.00 | 454.00 | 531.00 | 497.00 | 424.00 | 596.00 | 445.00 | 332.00 | 331.00 | 282.00 | 311.00 |
| EPS in Rs | 8.34 | 7.91 | 9.45 | 11.04 | 10.34 | 8.83 | 11.93 | 8.89 | 6.63 | 6.62 | 11.28 | 12.43 |
| Dividend Payout % | 87.00 | 95.00 | 95.00 | 93.00 | 82.00 | 74.00 | 67.00 | 57.00 | 33.00 | 24.00 | 48.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 481.00 | 481.00 | 240.00 | 240.00 | 240.00 | 240.00 | 250.00 | 200.00 | 200.00 | 200.00 | 100.00 | 100.00 |
| Reserves | 2,084.00 | 2,053.00 | 2,267.00 | 2,263.00 | 2,159.00 | 2,082.00 | 2,327.00 | 2,184.00 | 1,999.00 | 1,835.00 | 1,758.00 | 1,570.00 |
| Borrowings | 7.00 | 9.00 | 8.00 | 5.00 | 3.00 | 4.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 3,122.00 | 3,357.00 | 2,925.00 | 3,262.00 | 3,215.00 | 3,309.00 | 3,163.00 | 2,866.00 | 2,838.00 | 2,625.00 | 2,386.00 | 1,898.00 |
| Total Liabilities | 5,693.00 | 5,899.00 | 5,440.00 | 5,771.00 | 5,617.00 | 5,635.00 | 5,747.00 | 5,250.00 | 5,037.00 | 4,661.00 | 4,244.00 | 3,568.00 |
| Fixed Assets | 724.00 | 733.00 | 374.00 | 392.00 | 393.00 | 413.00 | 412.00 | 340.00 | 264.00 | 262.00 | 264.00 | 207.00 |
| CWIP | 89.00 | 48.00 | 174.00 | 95.00 | 58.00 | 15.00 | 4.00 | 4.00 | 2.00 | 5.00 | 8.00 | 10.00 |
| Investments | 108.00 | 128.00 | 128.00 | 153.00 | 229.00 | 314.00 | 292.00 | 180.00 | 180.00 | 373.00 | 274.00 | 236.00 |
| Other Assets | 4,772.00 | 4,991.00 | 4,764.00 | 5,132.00 | 4,938.00 | 4,893.00 | 5,039.00 | 4,726.00 | 4,592.00 | 4,021.00 | 3,698.00 | 3,114.00 |
| Total Assets | 5,693.00 | 5,899.00 | 5,440.00 | 5,771.00 | 5,617.00 | 5,635.00 | 5,747.00 | 5,250.00 | 5,037.00 | 4,661.00 | 4,244.00 | 3,568.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 236.00 | 558.00 | 315.00 | 471.00 | 291.00 | 468.00 | 267.00 | 134.00 | 380.00 | 531.00 | 468.00 | -92.00 |
| Cash from Investing Activity | 32.00 | -183.00 | -221.00 | 183.00 | 79.00 | 210.00 | 89.00 | 140.00 | -454.00 | -81.00 | -393.00 | 315.00 |
| Cash from Financing Activity | -383.00 | -363.00 | -461.00 | -438.00 | -362.00 | -692.00 | -399.00 | -260.00 | -178.00 | -176.00 | -93.00 | -63.00 |
| Net Cash Flow | -115.00 | 13.00 | -367.00 | 216.00 | 8.00 | -14.00 | -43.00 | 14.00 | -252.00 | 274.00 | -18.00 | 160.00 |
| Free Cash Flow | 176.00 | 426.00 | 181.00 | 342.00 | 153.00 | 389.00 | 201.00 | -11.00 | 318.00 | 509.00 | 413.00 | -172.00 |
| CFO/OP % | 73.00 | 169.00 | 97.00 | 97.00 | 72.00 | 112.00 | 78.00 | 70.00 | 150.00 | 221.00 | 189.00 | 13.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 148.00 | 128.00 | 139.00 | 126.00 | 97.00 | 112.00 | 125.00 | 109.00 | 117.00 | 127.00 | 180.00 | 137.00 |
| Inventory Days | — | — | — | — | 336.00 | — | — | — | — | — | 35.00 | 32.00 |
| Days Payable | — | — | — | — | 430.00 | — | — | — | — | — | 235.00 | 404.00 |
| Cash Conversion Cycle | 148.00 | 128.00 | 139.00 | 126.00 | 3.00 | 112.00 | 125.00 | 109.00 | 117.00 | 127.00 | -20.00 | -235.00 |
| Working Capital Days | -188.00 | -302.00 | -219.00 | -237.00 | -249.00 | -348.00 | -248.00 | -310.00 | -475.00 | -463.00 | -450.00 | -421.00 |
| ROCE % | 21.00 | 20.00 | 24.00 | 29.00 | 29.00 | 23.00 | 33.00 | 30.00 | 23.00 | 22.00 | 25.00 | — |
Corporate Actions
36 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 10 Aug 2026 | 10 Aug 2026 | — | 1.40 | |
| Dividend | 10 Feb 2026 | 10 Feb 2026 | — | 1.90 | |
| Dividend | 14 Nov 2025 | 15 Nov 2025 | — | 2.00 | |
| Dividend | 17 Sep 2025 | 17 Sep 2025 | — | 2.65 | |
| Dividend | 12 Aug 2025 | 12 Aug 2025 | — | 1.30 | |
| Dividend | 31 Jan 2025 | 01 Feb 2025 | — | 1.90 | |
| Dividend | 14 Nov 2024 | 15 Nov 2024 | — | 1.75 | |
| Bonus | 20 Sep 2024 | 20 Sep 2024 | 1:1 | — | |
| Dividend | 20 Sep 2024 | 20 Sep 2024 | — | 5.00 | |
| Other | 05 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 08 Aug 2024 | 08 Aug 2024 | — | 2.50 | |
| Dividend | 09 Feb 2024 | 09 Feb 2024 | — | 4.75 | |
| Dividend | 08 Nov 2023 | 08 Nov 2023 | — | 4.50 | |
| Dividend | 08 Sep 2023 | — | — | 6.00 | |
| Dividend | 07 Aug 2023 | 07 Aug 2023 | — | 3.75 | |
| Dividend | 17 Feb 2023 | 17 Feb 2023 | — | 6.00 | |
| Dividend | 17 Nov 2022 | 18 Nov 2022 | — | 4.50 | |
| Dividend | 08 Sep 2022 | — | — | 3.50 | |
| Dividend | 04 Aug 2022 | 05 Aug 2022 | — | 4.00 | |
| Dividend | 24 Mar 2022 | 25 Mar 2022 | — | 7.50 | |
| Dividend | 24 Nov 2021 | 25 Nov 2021 | — | 4.00 | |
| Dividend | 20 Sep 2021 | — | — | 4.00 | |
| Dividend | 18 Aug 2021 | 21 Aug 2021 | — | 2.00 | |
| Dividend | 18 Mar 2021 | 20 Mar 2021 | — | 4.00 | |
| Dividend | 08 Jan 2021 | 11 Jan 2021 | — | 5.00 | |
| Other | 29 Sep 2020 | 30 Sep 2020 | — | — | Buy Back of Shares |
| Other | 29 Sep 2020 | 30 Sep 2020 | — | — | Buyback |
| Dividend | 19 Aug 2020 | — | — | 6.00 | |
| Dividend | 17 Feb 2020 | 18 Feb 2020 | — | 4.00 | |
| Dividend | 09 Jan 2020 | 10 Jan 2020 | — | 6.00 | |
| Bonus | 08 Aug 2019 | 11 Aug 2019 | 1:4 | — | |
| Other | 22 Jul 2019 | — | — | — | Annual General Meeting |
| Dividend | 10 Jul 2019 | 11 Jul 2019 | — | 4.00 | |
| Dividend | 20 Mar 2019 | 22 Mar 2019 | — | 4.00 | |
| Dividend | 27 Dec 2018 | 28 Dec 2018 | — | 4.75 | |
| Dividend | 11 Sep 2018 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Jul from care
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Rating update26 Jun from infomerics
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Rating update31 Mar 2025 from infomerics
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Rating update23 Feb 2024 from infomerics
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Rating update20 Jan 2023 from infomerics
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Rating update3 Jan 2022 from infomerics
Conference Calls
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