Ritco Logistics Ltd. (RITCO) AI Stock Analysis

• Market Cap: ₹5.31B
• Dividend Yield: N/A
• Average Volume (3M): 897.00
• Price to Earnings (P/E): 18.3
• Beta (1Y): 1.03
• Revenue Growth: 34.34%
• EPS Growth: 2.00%
• Country: IN
• Employees: 987
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 3.71
• 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: 62 Neutral
• Price Target: ₹197.00 ▼(-27.85% Downside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is primarily driven by solid operating growth and improving profitability, but it is materially constrained by negative operating/free cash flow. Technicals add further pressure due to a clear downtrend, while valuation is only moderately supportive given a mid-range P/E and no dividend.

Positive Factors

Strong revenue growth

Ritco's multi-year revenue expansion to 11,897m in 2025 (from 4,738m in 2021) and ~32.5% reported growth indicates durable demand and successful scale-up. Larger scale supports fixed-cost absorption, route density gains and stronger bargaining power with customers and suppliers over the medium term.

Negative Factors

Negative cash generation

Persistent negative operating cash flow and a -1,154m free cash flow in 2025 signal weak cash conversion despite revenue growth. This undermines liquidity, forces reliance on external financing for capex or working capital, and raises questions about funding sustainability for fleet upkeep and expansion.

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, autom...

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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, autom...

How the Company Makes Money

Ritco Logistics Ltd. makes money primarily by charging customers for logistics services, with revenue typically recognized as freight/transportation income and, where applicable, logistics service fees. Key revenue streams generally include: (1) f...

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Ritco Logistics Ltd. makes money primarily by charging customers for logistics services, with revenue typically recognized as freight/transportation income and, where applicable, logistics service fees. Key revenue streams generally include: (1) f...

Ritco Logistics Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 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 200.18, above the 50-day MA of 222.39, and above the 200-day MA of 262.47, indicating a bearish trend. The MACD of -10.60 indicates Positive momentum. The RSI at 34.58 is Neutral, neither overbought nor oversold. The STOCH value of 10.44 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	62 Neutral	₹5.31B	18.26	―	―	34.34%	2.00%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
PVSL	49 Neutral	₹6.48B	313.53	―	0.42%	-0.11%	-159.33%
JITFINFRA	47 Neutral	₹7.49B	-140.00	―	―	-15.85%	-148.91%
PAKKA	46 Neutral	₹3.83B	16.80	―	―	-11.28%	-62.38%
SICALLOG	39 Underperform	₹13.57B	3.00	―	―	76.34%	94.50%

Ritco Logistics Ltd. Corporate Events