Ritco Logistics Ltd. (RITCO) AI Stock Analysis

• Market Cap: ₹7.55B
• Dividend Yield: N/A
• Average Volume (3M): 2.65K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 1.20
• Revenue Growth: 32.13%
• EPS Growth: 9.29%
• Country: IN
• Employees: 987
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 3.39
• Shares Outstanding: 28,622,757
• 10 Day Avg. Volume: 3,352
• 30 Day Avg. Volume: 2,649
• PEG Ratio: 1.58
• Price to Book (P/B): 2.31
• Price to Sales (P/S): 0.63
• P/FCF Ratio: -6.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹301.00
• Price Target Upside: 14.06% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ₹301.00 ▲(14.06% Upside)

Ritco Logistics Ltd. demonstrates strong financial performance with significant revenue growth and improved profitability. However, concerns about cash flow management and rising debt levels pose risks. The technical analysis indicates bearish momentum, while the valuation suggests the stock is fairly priced. These factors collectively result in a moderate overall stock score.

Ritco Logistics Ltd. Business Overview & Revenue Model

Company Description

Ritco Logistics Ltd. (RITCO) is a dynamic logistics and transportation company specializing in providing comprehensive supply chain solutions. With a focus on efficiency and innovation, RITCO operates across various sectors, offering services such as freight forwarding, warehousing, and distribution. The company is renowned for its ability to streamline complex logistics processes, ensuring timely and reliable delivery of goods for businesses worldwide.

How the Company Makes Money

Ritco Logistics Ltd. generates revenue primarily through its core logistics and transportation services. Key revenue streams include fees from freight forwarding, which involves coordinating the shipment of goods from one destination to another, and warehousing services, where RITCO offers storage solutions for various types of cargo. Additionally, RITCO earns income from its distribution services, managing the supply chain from the warehouse to the end customer. Significant partnerships with major shipping companies and retailers also contribute to its earnings by expanding its network and service offerings, enhancing operational capabilities and market reach.

Ritco Logistics Ltd. Financial Statement Overview

Summary

Ritco Logistics Ltd. shows strong revenue growth and improved profitability metrics, with a solid income statement. However, the balance sheet indicates rising debt levels, and cash flow management is a concern due to negative free cash flow, posing potential liquidity risks.

Income Statement

Ritco Logistics Ltd. has demonstrated strong revenue growth, increasing from 4,738 million in 2021 to 11,897 million in 2025. The gross profit margin has improved significantly over the years, reaching 9.25% in 2025. Net profit margin also shows a positive trend, rising to 3.55% in 2025, indicating enhanced profitability. However, the EBIT margin decreased slightly from 2024 to 2025, suggesting a need to manage operating expenses better. Overall, the income statement reflects a solid growth trajectory and improved profitability metrics.

Balance Sheet

The company has maintained a stable debt-to-equity ratio, which was 0.98 in 2025, reflecting a balanced approach to leveraging. Stockholders' equity has grown significantly, indicating financial stability. However, the equity ratio decreased slightly to 49.48% in 2025, suggesting increased reliance on debt financing. Return on equity improved to 13.08% in 2025, showing effective use of equity capital. Despite the growth in equity, the company's increasing debt levels could pose a risk if not managed carefully.

Cash Flow

Ritco Logistics Ltd. faced challenges in cash flow management, with the operating cash flow turning negative in 2025. The free cash flow has been consistently negative, reaching -1,154 million in 2025, indicating potential liquidity issues. The operating cash flow to net income ratio was negative, suggesting inefficiencies in converting income into cash. Despite strong revenue growth, the company needs to improve its cash flow management to support ongoing operations sustainably.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.90B	11.90B	9.33B	7.51B	5.93B	4.74B
Gross Profit	991.28M	1.10B	899.65M	613.72M	482.90M	285.71M
EBITDA	844.85M	897.87M	789.32M	551.69M	442.05M	335.40M
Net Income	422.07M	422.07M	329.93M	244.13M	162.78M	60.49M
Balance Sheet
Total Assets	6.52B	6.52B	4.53B	3.65B	3.03B	2.50B
Cash, Cash Equivalents and Short-Term Investments	200.19M	200.19M	58.23M	28.18M	250.93M	157.03M
Total Debt	3.16B	3.16B	2.60B	2.07B	1.73B	1.37B
Total Liabilities	3.31B	3.31B	2.70B	2.16B	1.79B	1.42B
Stockholders Equity	3.23B	3.23B	1.83B	1.49B	1.24B	1.08B
Cash Flow
Free Cash Flow	0.00	-1.15B	-238.91M	-104.63M	-296.91M	31.37M
Operating Cash Flow	0.00	-160.41M	147.86M	102.35M	-290.99M	92.86M
Investing Cash Flow	0.00	-933.28M	-355.89M	-185.94M	63.38M	-17.14M
Financing Cash Flow	0.00	1.29B	329.46M	167.47M	222.44M	-114.24M

Ritco Logistics Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 263.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RITCO, the sentiment is Negative. The current price of 263.9 is below the 20-day moving average (MA) of 272.62, below the 50-day MA of 281.43, and below the 200-day MA of 302.06, indicating a bearish trend. The MACD of -4.40 indicates Positive momentum. The RSI at 39.72 is Neutral, neither overbought nor oversold. The STOCH value of 18.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RITCO.

Ritco Logistics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RITCO	64 Neutral	₹7.55B	17.09	―	―	32.13%	9.29%
JITFINFRA	50 Neutral	8.78B	27.78	-10.26%	―	-28.29%	-47.29%
PVSL	50 Neutral	9.84B	-39.88	-1.64%	0.34%	-2.46%	-129.92%
PAKKA	47 Neutral	6.84B	17.09	8.30%	―	-1.15%	-7.88%
SICALLOG	42 Neutral	7.16B	-36.11	541.72%	―	43.60%	32.19%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%