RITES Share Price

RITES Share Price

NSE: RITES

|

BSE: 541556

|

Engineering

60% Buy

₹277.25

+₹4.55 (1.67%) Last updated on 23 Jun, 2025 | 14:34 IST

RITES Overview

Market cap
Market Cap Switch₹13,106 Crs
Open
₹272.60
Prev. Close
₹272.70
Circuit range
₹327.20 - ₹218.20
Day range
₹270.60 - ₹277.45
Year range
₹192.40 - ₹398.45
Volume
7,66,465
Avg. traded
₹273.59
Revenue (12m)
₹2,218 Crs

About RITES

RITES Limited, formerly known as Rail India Technical and Economic Service Limited, is a Navratna central public sector enterprise (CPSE) operating under the Ministry of Railways. It was founded in 1974 as an engineering and consultancy firm of Indian Railways. The company offers many services from project conception to completion across various segments of transport infrastructure and associated technologies.

It is among the top 500 listed companies in India and one of the largest entities in the transport infrastructure.

The market capitalisation of RITES Limited stood at over ₹15,100 crore as of January 22, 2024. RITES share price has gained more than 140% in the last three years.

Rites Limited business operation

RITES Limited is a major player in the transportation consultancy and engineering domain in India. Its services cater to many sectors such as railways, highways, metro rail, tunnels, bridges, urban engineering, sustainability, green mobility, airports, ports, ropeways, institutional buildings and inland waterways.

RITES has clients in over 55 countries across Asia, Africa, Latin America and the Middle East. The company also serves as the export arm of Indian Railways, specialising in providing rolling stock, including locomotives, coaches and trainsets.

The company operates across a network of locations. It has 15 offices in India and 7 abroad. Internationally, RITES Limited extends its services to 13 countries.

The company has an extensive clientele including Central and state governments, PSUs and prominent private entities. Its major clients include the National Thermal Power Corporation Limited, Steel Authority of India Limited, Airports Authority of India, National Highways Authority of India, TATA Steel and Adani Ports. The company serves international clients from countries such as Sri Lanka, Mozambique, Mauritius, Bangladesh, Nepal, Guyana, Ghana and Bahrain.

RITES Limited has successfully undertaken several milestone projects. One of the most notable among these is the consultancy services, including designer supervision for the Bogibeel rail-cum-road bridge located in Dibrugarh, Assam. The company also played a crucial role in the Ahmedabad Metro Phase-1 project by providing general consultancy services. RITES contributed to international business such as the export of customised cape gauge DEMUs to CFM in Mozambique.

The company has also been involved with the Mauritius Metro, the Yamuna Expressway and the Integrated Check Post at Attari, situated along the India-Pakistan border.

The PSU runs a joint venture called SAIL-RITES Bengal Wagon Industry Private Limited. In FY23, it delivered 25 customised coaches and 4 customised train sets to date. It manufactured a total of 684 wagons and leased out 67 locomotives.

In FY23, the company adopted a regional management structure wherein each Regional Project Office (RPO) oversees multi-sectoral projects within its state-wise territory. RITES has established six RPOs namely East, West, South, East Coast and North East, each equipped with Project Units (PUs). RITES secured over 300 projects including extensions in FY23. It is engaged in managing 670 ongoing projects as of March 31, 2023. The company also executed projects in 13 countries in the year.

Financial Highlights

The company’s revenue from operations in FY23 stood at ₹2,628 crore, down 1.2% compared to ₹2,662 crore in FY22. Its profit after tax in FY23 stood at ₹571 crore compared to ₹538 crore in FY22. In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹655 crore. The company's earnings per share (EPS) stood at ₹22.08 in FY23 compared to ₹20.69 in FY22.

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RITES Share Price Chart

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RITES Key Indicators

P/E ratio
37.64
P/B ratio
5.63
ROE
18.13%
ROCE
24.02%
Dividend yield
2.04%
Debt/Equity ratio
EPS
18.9

Investment Checklist: (2/6)

not passed

Equity returns

not passed

Dividend returns

passed

Safety factor

NA

Growth factor

passed

Debt vs Equity

NA

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst Ratings:

Buy

Buy

60%

Hold

40%

Sell

0%

This analysis is based on the reviews of 5 experts in the last 7 days

RITES Financial Ratios

  • Profitability

  • Operational

  • Valuation

Operating profit margin

24.31%

Net profit margin

16.9%

ROE

18.13%

ROA

8.2%

ROCE

24.02%

RITES Shareholder returns

1 day
+0.81%
1 week
-5.90%
1 month
-1.00%
3 months
+20.37%
1 year
-22.13%
3 years
+139.27%
5 years
+128.07%

Revenue Statement

All values are in ₹ Crores (Cr)
RevenueNo Sort
Operating ProfitNo Sort
Net ProfitNo Sort
Mar-24
2,452.85
730.26
495.20
Mar-23
2,628.27
846.67
570.97
Mar-22
2,661.83
807.24
538.58
Mar-21
1,905.30
649.38
444.21

Cash Flow

All values are in ₹ Crores (Cr)
OperatingNo Sort
InvestingNo Sort
FinancingNo Sort
Mar-24
431.56
11.07
-504.08
Mar-23
559.81
-15
-483.16
Mar-22
309.63
52.96
-440.24
Mar-21
515.70
183.76
-708.28

Balance Sheet

All values are in ₹ Crores (Cr)
Total AssetNo Sort
Total LiabilityNo Sort
Mar-24
5,634.78
2,913.85
Mar-23
5,941.14
3,222.02
Mar-22
5,790.56
3,195.96
Mar-21
5,806.28
3,326.15

RITES Share Price History

DayOpenCloseChange %
20-Jun-25
₹269.10
₹272.70
+0.81%
19-Jun-25
₹281.00
₹270.50
-3.72%
18-Jun-25
₹280.95
₹280.95
-0.18%
17-Jun-25
₹288.20
₹281.45
-2.34%
16-Jun-25
₹286.00
₹288.20
-0.55%
13-Jun-25
₹286.00
₹289.80
+0.14%
12-Jun-25
₹305.00
₹289.40
-4.88%
11-Jun-25
₹302.75
₹304.25
+0.88%

RITES Shareholding Pattern

CategoryMar 2025Dec 2024Sep 2024Jun 2024
Promoters
72.20%
72.20%
72.20%
72.20%
Foreign institutions-FII
3.33%
3.34%
3.20%
3.50%
Other domestic institutions
6.45%
6.47%
6.80%
7.46%
Retail and other
15.80%
15.63%
14.97%
13.51%
Mutual Funds
2.22%
2.36%
2.83%
3.32%

Corporate Actions

  • Dividend • ₹1.9/share

    Ex date 31 Jan 2025

    expand tab
  • Dividend • ₹1.75/share

    Ex date 14 Nov 2024

    expand tab
  • Bonus • 1:1

    Ex date 20 Sep 2024

    expand tab
  • Dividend • ₹5/share

    Ex date 20 Sep 2024

    expand tab
  • Dividend • ₹2.5/share

    Ex date 08 Aug 2024

    expand tab
  • Dividend • ₹4.75/share

    Ex date 09 Feb 2024

    expand tab
  • Dividend • ₹4.5/share

    Ex date 08 Nov 2023

    expand tab
  • Dividend • ₹6/share

    Ex date 08 Sep 2023

    expand tab
  • Dividend • ₹3.75/share

    Ex date 07 Aug 2023

    expand tab

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FAQs on RITES

What is the share price of RITES today?

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RITES share price is ₹ 277.25 as on 23 Jun, 2025 | 14:34 IST.

What are the high & low stock price of RITES today?

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RITES stock price hit a high of ₹ 277.45 and low of ₹ 270.60 as on 23 Jun, 2025 | 14:34 IST.

What is the market cap of RITES?

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The market cap of RITES is ₹ 13,106.06 Crores as on 23 Jun, 2025 | 14:34 IST.

What are the the 52-week high and low share prices of RITES stock on the NSE?

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52-week high stock Price of RITES is ₹ 398.45 and Low Price is ₹ 192.40 as on 23 Jun, 2025 | 14:34 IST.

What are the stock symbols of RITES?

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The stock symbol of RITES is NSE: RITES on the NSE, BSE: 541556 on the BSE, and the ISIN is INE320J01015.

Can I buy RITES shares on Holidays?

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No, shares of RITES or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell RITES shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.

What is the PE and PB ratio of RITES?

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The PE and PB ratio of RITES is 37.64 and 5.63 respectively, as on 23 Jun, 2025 | 14:34 IST.

What are the returns on RITES shares?

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The historical returns for RITES shares are -22.13 for 1 year, 139.27 for 3 year and 128.07 for 5 year.