Ritco Logistics Ltd. (RITCO) AI Stock Analysis

• Market Cap: ₹7.40B
• Dividend Yield: N/A
• Average Volume (3M): 897.00
• Price to Earnings (P/E): 17.0
• Beta (1Y): 1.23
• Revenue Growth: 34.34%
• EPS Growth: 2.00%
• Country: IN
• Employees: 987
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 3.58
• Shares Outstanding: 28,622,757
• 10 Day Avg. Volume: 1,196
• 30 Day Avg. Volume: 897
• 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: 74 Outperform
• Price Target: ₹311.00 ▲(13.90% Upside)

Ritco Logistics Ltd. has a strong financial performance with significant revenue growth and profitability, though cash flow management needs improvement. Technical indicators show positive momentum, supporting a favorable outlook. The valuation is reasonable, making the stock attractive for growth-oriented investors. The absence of earnings call data and corporate events does not impact the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market presence and effective business strategies, supporting long-term sustainability.

Profitability Improvement

Improved profitability reflects efficient operations and cost management, enhancing the company's financial health and competitive position.

Diversified Revenue Streams

Diversified revenue streams reduce dependency on a single income source, providing stability and resilience against market fluctuations.

Negative Factors

Rising Debt Levels

Increased debt levels can strain financial flexibility and pose risks if not managed, impacting long-term financial stability.

Negative Free Cash Flow

Negative free cash flow indicates potential liquidity issues, which may hinder the company's ability to fund operations and growth initiatives.

Operating Cash Flow Challenges

Negative operating cash flow suggests inefficiencies in cash conversion, which could affect the company's ability to sustain operations without external financing.

Ritco Logistics Ltd. Business Overview & Revenue Model

Company Description

Ritco Logistics Limited provides logistics and supply chain management services in India. The company offers contract logistics, LTL and liquid transportation, warehouse and distribution, and fleet management services. It serves the textile, automobile, FMCG, pharmaceutical, electronic, petroleum, metal, mineral, and petrochemical industries through a fleet of 1,200 vehicles. The company was incorporated in 2001 and is based in Gurugram, India.

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	439.82M	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: 273.05
• 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 273.05 is above the 20-day moving average (MA) of 271.85, above the 50-day MA of 271.54, and below the 200-day MA of 275.00, indicating a bearish trend. The MACD of -3.38 indicates Positive momentum. The RSI at 32.62 is Neutral, neither overbought nor oversold. The STOCH value of 6.88 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	74 Outperform	₹7.40B	16.98	―	―	34.34%	2.00%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
PVSL	45 Neutral	₹7.92B	-26.29	―	0.42%	-0.11%	-159.33%
PAKKA	44 Neutral	₹4.47B	23.81	―	―	-11.28%	-62.38%
JITFINFRA	41 Neutral	₹6.76B	-10.14	―	―	-15.85%	-148.91%
SICALLOG	39 Underperform	₹5.84B	-389.23	―	―	76.34%	94.50%

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.