RITES Ltd. (IN:RITES)
:RITES
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RITES Ltd.
(RITES)
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Rating:64Neutral
Price Target:
₹214.00
▼(-12.99% Downside)
Action:ReiteratedDate:10/09/25
RITES Ltd. scores 64, driven by its strong financial performance and stable balance sheet. However, technical indicators suggest potential short-term weakness, and the high P/E ratio indicates possible overvaluation. The dividend yield offers some compensation for investors.
Positive Factors
Low financial leverage
A low debt-to-equity profile and strong equity ratio give RITES durable financial flexibility to support project execution and absorb payment timing shocks. Lower interest burden improves sustainable margins and enables selective bidding on capital-intensive consultancy or overseas assignments without straining the balance sheet.
Negative Factors
Revenue volatility
Observed declines and fluctuations in total revenue reduce visibility into future fee income and can strain fixed-cost absorption in consultancy and inspection businesses. Persistent revenue instability would pressure utilization, procurement competitiveness and the ability to retain specialized engineering staff over multi-quarter cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
A low debt-to-equity profile and strong equity ratio give RITES durable financial flexibility to support project execution and absorb payment timing shocks. Lower interest burden improves sustainable margins and enables selective bidding on capital-intensive consultancy or overseas assignments without straining the balance sheet.
Read all positive factors
RITES Ltd. (RITES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹96.26B
Dividend Yield3.24%
Average Volume (3M)169.49K
Price to Earnings (P/E)28.6
Beta (1Y)1.88
Revenue Growth-5.23%
EPS Growth3.21%
CountryIN
Employees1,809
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)3.55
Shares Outstanding480,603,760
10 Day Avg. Volume47,035
30 Day Avg. Volume169,494
Financial Highlights & Ratios
PEG Ratio-1.85
Price to Book (P/B)4.19
Price to Sales (P/S)4.99
P/FCF Ratio21.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)12.51
Revenue Forecast (FY)₹29.56B
RITES Ltd. Business Overview & Revenue Model
Company Description
RITES Limited, together with its subsidiaries, provides consultancy, engineering, and project management services in the field of railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy. The company o...
How the Company Makes Money
RITES primarily earns revenue by providing fee-based professional services and executing consultancy-led assignments for governments, public sector entities, and other clients. Key revenue streams typically include: (1) Consultancy and project man...
RITES Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
85
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.30B | 22.18B | 24.53B | 26.28B | 26.62B | 19.05B |
| Gross Profit | 8.64B | 6.83B | 8.23B | 9.43B | 8.96B | 6.67B |
| EBITDA | 5.76B | 5.09B | 6.38B | 7.39B | 7.19B | 5.44B |
| Net Income | 4.11B | 3.85B | 4.55B | 5.42B | 5.16B | 4.32B |
Balance Sheet | ||||||
| Total Assets | 60.65B | 61.19B | 56.61B | 59.72B | 58.22B | 58.33B |
| Cash, Cash Equivalents and Short-Term Investments | 29.25B | 9.60B | 31.38B | 34.71B | 33.74B | 34.74B |
| Total Debt | 78.40M | 90.30M | 80.00M | 54.20M | 275.90M | 365.50M |
| Total Liabilities | 33.18B | 33.70B | 29.41B | 32.53B | 32.28B | 33.53B |
| Stockholders Equity | 26.34B | 26.40B | 26.09B | 26.04B | 24.89B | 23.92B |
Cash Flow | ||||||
| Free Cash Flow | 41.90M | 5.04B | 2.94B | 4.24B | 1.68B | 4.36B |
| Operating Cash Flow | 384.40M | 6.37B | 4.32B | 5.60B | 3.10B | 5.16B |
| Investing Cash Flow | 2.53B | -2.19B | 110.70M | -150.00M | 529.60M | 1.83B |
| Financing Cash Flow | -2.11B | -4.05B | -5.04B | -4.83B | -4.40B | -7.08B |
RITES Ltd. Technical Analysis
Neutral
245.95
Price Trends
208.01
Negative
221.03
Negative
238.14
Negative
Market Momentum
-4.81
Negative
52.70
Neutral
85.84
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RITES, the sentiment is Neutral. The current price of 245.95 is above the 20-day moving average (MA) of 192.47, above the 50-day MA of 208.01, and above the 200-day MA of 238.14, indicating a neutral trend. The MACD of -4.81 indicates Negative momentum. The RSI at 52.70 is Neutral, neither overbought nor oversold. The STOCH value of 85.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RITES.
RITES Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹151.19B | 38.53 | ― | 0.74% | 12.21% | 56.50% | |
64 Neutral | ₹96.26B | 28.60 | ― | 3.24% | -5.23% | 3.21% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | ₹126.36B | 41.51 | ― | 1.56% | -13.85% | -34.81% | |
62 Neutral | ₹132.13B | -173.04 | ― | 0.29% | -1.31% | 3.61% | |
61 Neutral | ₹95.47B | 62.52 | ― | 0.12% | -14.65% | -36.95% |
* Industrials Sector Average
IN:RITES
RITES Ltd.
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-8.63
-4.13%
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RITES Ltd. Corporate Events
RITES reshuffles senior management to bolster metro and southern region operations
Apr 8, 2026
RITES Ltd. has announced changes in its senior management, repositioning key leaders within its infrastructure verticals. Mrs. Shobhana Palli, a civil engineer with over 31 years of experience at the company, has been moved from her role as GGM/Ci...
RITES wins Rs 105.69 crore RDSO contract for five-year test track maintenance
Mar 22, 2026
RITES Ltd. has secured a major domestic contract from the Research Designs and Standards Organisation (RDSO), Lucknow, for the comprehensive maintenance of a dedicated railway test track between Gudha and Thathana Mithri stations in the Jodhpur di...
RITES bags Rs 45-crore consultancy mandate for key West Bengal bridge project
Mar 7, 2026
RITES Ltd. has secured a major consultancy contract from the Public Works (Roads) Directorate of the Government of West Bengal to serve as Project Management Consultant and Authority Engineer for a proposed four-lane extra-dosed bridge over the ri...
RITES Wins Award for Excellence in Sustainable Rail Engineering
Jan 31, 2026
RITES Limited, a key engineering consultancy and project management firm in the transport and infrastructure space with a strong rail-sector focus, continues to build its reputation around complex railway projects in India. The company has been ho...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.