Ritco Logistics Ltd. (RITCO) AI Stock Analysis

• Market Cap: ₹7.08B
• Dividend Yield: N/A
• Average Volume (3M): 9.82K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 1.18
• 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: 580
• 30 Day Avg. Volume: 9,819
• PEG Ratio: 1.14
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹267.00 ▲(6.57% Upside)

Ritco Logistics Ltd. demonstrates strong financial performance with robust revenue growth and profitability. However, technical indicators show bearish momentum, and cash flow management issues pose potential risks. The stock's valuation is reasonable, but the lack of a dividend yield may limit its appeal to certain investors.

Ritco Logistics Ltd. Business Overview & Revenue Model

Company Description

Ritco Logistics Ltd. (RITCO) is a leading logistics and supply chain management company specializing in providing comprehensive transportation and warehousing solutions. Operating across multiple sectors including retail, manufacturing, and e-commerce, RITCO offers services such as freight forwarding, last-mile delivery, and inventory management. With a focus on efficiency and technology integration, RITCO aims to streamline logistics processes for its clients, ensuring timely and cost-effective delivery of goods.

How the Company Makes Money

Ritco Logistics generates revenue through a diversified model that includes multiple key streams. Primarily, the company earns money by charging clients for transportation services, which encompasses freight forwarding and last-mile delivery fees. Additionally, RITCO provides warehousing solutions where clients pay for storage space and inventory management services. The company may also engage in logistics consulting, providing expertise to clients on optimizing their supply chain processes for a fee. Significant partnerships with major retailers and manufacturers further enhance its revenue, as RITCO often acts as the preferred logistics provider for these businesses, leading to long-term contracts that provide consistent income. Furthermore, technological advancements and efficient route planning contribute to lower operational costs, improving profit margins on logistics services.

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	12.92B	11.90B	9.33B	7.51B	5.93B	4.74B
Gross Profit	1.13B	1.09B	899.65M	613.72M	482.90M	285.71M
EBITDA	836.22M	897.87M	789.32M	551.69M	442.05M	335.40M
Net Income	431.28M	422.07M	329.93M	244.13M	162.78M	60.49M
Balance Sheet
Total Assets	0.00	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	130.24M
Total Debt	0.00	3.16B	2.60B	2.07B	1.73B	1.37B
Total Liabilities	-3.21B	3.31B	2.70B	2.16B	1.79B	1.42B
Stockholders Equity	3.21B	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: 250.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 250.55 is below the 20-day moving average (MA) of 255.33, below the 50-day MA of 264.21, and below the 200-day MA of 283.39, indicating a bearish trend. The MACD of -3.13 indicates Negative momentum. The RSI at 45.29 is Neutral, neither overbought nor oversold. The STOCH value of 32.75 is Neutral, 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	61 Neutral	₹7.08B	16.39	―	―	32.13%	9.29%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
PVSL	50 Neutral	₹10.65B	―	―	0.33%	-2.46%	-129.92%
PAKKA	48 Neutral	₹6.32B	15.78	―	―	-1.15%	-7.88%
SICALLOG	46 Neutral	₹6.52B	-32.92	―	―	43.60%	32.19%
JITFINFRA	41 Neutral	₹7.62B	25.29	―	―	-28.29%	-47.29%

Ritco Logistics Ltd. Corporate Events

Ritco Logistics Ensures Compliance with SEBI Regulations for Q3 2025

Ritco Logistics Ltd. has submitted a confirmation certificate and details of share certificates dematerialized for the quarter ending September 30, 2025, in compliance with SEBI regulations. This submission ensures the company’s adherence to regulatory requirements, potentially strengthening its credibility and operational transparency in the logistics industry.

Ritco Logistics Ensures Compliance with Insider Trading Regulations

Ritco Logistics Ltd. has successfully complied with the Securities and Exchange Board of India’s regulations by maintaining a Structured Digital Database (SDD) for the quarter ending September 30, 2025. This compliance ensures the secure handling of Unpublished Price Sensitive Information (UPSI), with the database being non-tamperable and capable of retaining records for eight years, reflecting the company’s commitment to regulatory adherence and operational transparency.

Ritco Logistics Transfers 82,250 Equity Shares to Employees

Ritco Logistics Ltd. announced the transfer of 82,250 equity shares by the RITCO Employees Welfare Trust to stock option grantees under the ‘Pragati Ki Aur’ Stock Option Plan 2022. This move, approved by the N&R Committee, reflects the company’s commitment to employee engagement and incentivization, potentially enhancing workforce motivation and aligning employee interests with company growth.

TrucksUp Appoints Abhijay Ratan as CMO to Drive Growth

TrucksUp, a subsidiary of Ritco Logistics Ltd., has appointed Abhijay Ratan as Chief Marketing Officer to lead its marketing vision and position the company as a leader in the technology-driven trucking ecosystem. Ratan’s extensive experience in strategy and marketing will be pivotal in enhancing stakeholder engagement and driving growth through innovative digital platforms, aiming to establish TrucksUp as a trusted and efficient platform in India’s rapidly evolving logistics landscape.