Nifty
:
22570.35
Sensex
:
74339.44
167.95 (0.75%)
486.50 (0.66%)
Nifty
Sensex
:
:
22570.35
74339.44
167.95 (0.75%)
486.50 (0.66%)

Rites Ltd.

Engineering

Rating :
67/99

BSE: 541556 | NSE: RITES

NSE BSE
686.25
25-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  678.10
  •  692.00
  •  676.00
  •  674.45
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1129473
  •  7740.79
  •  825.95
  •  350.95

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 16,202.35
  • 35.12
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 12,958.75
  • 3.04%
  • 5.98

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 72.20%
  • 2.02%
  • 9.51%
  • FII
  • DII
  • Others
  • 4.17%
  • 10.99%
  • 1.11%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.13
  • 5.12
  • 11.32

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.82
  • 5.28
  • 6.27

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.62
  • 3.28
  • 7.91

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 14.21
  • 15.23

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 2.98
  • 3.37

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 5.59
  • 6.95

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
682.89
677.34
0.82%
582.36
659.08
-11.64%
544.35
605.04
-10.03%
686.81
766.02
-10.34%
Expenses
513.98
484.24
6.14%
444.52
477.84
-6.97%
382.94
426.04
-10.12%
495.22
561.55
-11.81%
EBITDA
168.91
193.10
-12.53%
137.84
181.24
-23.95%
161.41
179.00
-9.83%
191.59
204.47
-6.30%
EBIDTM
24.73%
28.51%
23.67%
27.50%
29.65%
29.58%
27.90%
26.69%
Other Income
16.96
26.04
-34.87%
26.45
25.22
4.88%
18.28
31.67
-42.28%
18.82
21.50
-12.47%
Interest
1.88
2.19
-14.16%
1.43
1.11
28.83%
0.92
1.42
-35.21%
2.32
1.95
18.97%
Depreciation
14.96
18.52
-19.22%
14.06
16.90
-16.80%
16.07
14.64
9.77%
16.63
24.45
-31.98%
PBT
169.03
198.43
-14.82%
148.80
188.45
-21.04%
162.70
194.61
-16.40%
191.46
199.57
-4.06%
Tax
42.06
52.21
-19.44%
40.11
48.08
-16.58%
42.97
50.42
-14.78%
52.24
58.31
-10.41%
PAT
126.97
146.22
-13.17%
108.69
140.37
-22.57%
119.73
144.19
-16.96%
139.22
141.26
-1.44%
PATM
18.59%
21.59%
18.66%
21.30%
22.00%
23.83%
20.27%
18.44%
EPS
5.00
5.83
-14.24%
4.21
5.51
-23.59%
4.49
5.72
-21.50%
5.49
5.69
-3.51%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
2,496.41
2,628.27
2,661.83
1,905.30
2,474.41
2,047.45
1,497.45
1,484.64
1,101.88
1,016.71
1,096.56
Net Sales Growth
-7.80%
-1.26%
39.71%
-23.00%
20.85%
36.73%
0.86%
34.74%
8.38%
-7.28%
 
Cost Of Goods Sold
98.13
187.33
628.84
53.58
343.38
126.69
153.15
252.59
137.95
80.20
230.75
Gross Profit
2,398.28
2,440.94
2,032.99
1,851.72
2,131.03
1,920.76
1,344.30
1,232.05
963.93
936.51
865.81
GP Margin
96.07%
92.87%
76.38%
97.19%
86.12%
93.81%
89.77%
82.99%
87.48%
92.11%
78.96%
Total Expenditure
1,836.66
1,883.34
1,938.04
1,355.66
1,813.63
1,471.39
1,080.49
1,126.62
737.64
689.47
852.86
Power & Fuel Cost
-
4.46
4.02
4.09
4.74
4.46
4.69
4.64
4.61
3.70
3.98
% Of Sales
-
0.17%
0.15%
0.21%
0.19%
0.22%
0.31%
0.31%
0.42%
0.36%
0.36%
Employee Cost
-
508.50
517.25
483.08
520.97
487.09
458.76
417.00
340.91
330.01
310.51
% Of Sales
-
19.35%
19.43%
25.35%
21.05%
23.79%
30.64%
28.09%
30.94%
32.46%
28.32%
Manufacturing Exp.
-
1,005.01
609.60
701.09
790.01
698.42
277.03
172.95
149.33
175.39
177.02
% Of Sales
-
38.24%
22.90%
36.80%
31.93%
34.11%
18.50%
11.65%
13.55%
17.25%
16.14%
General & Admin Exp.
-
93.89
76.47
65.58
85.49
83.56
74.87
204.84
69.84
65.35
62.45
% Of Sales
-
3.57%
2.87%
3.44%
3.45%
4.08%
5.00%
13.80%
6.34%
6.43%
5.70%
Selling & Distn. Exp.
-
27.80
23.76
8.34
9.68
14.83
9.53
12.79
4.88
10.29
22.03
% Of Sales
-
1.06%
0.89%
0.44%
0.39%
0.72%
0.64%
0.86%
0.44%
1.01%
2.01%
Miscellaneous Exp.
-
56.35
78.10
39.90
59.36
56.34
102.46
61.81
30.12
24.53
22.03
% Of Sales
-
2.14%
2.93%
2.09%
2.40%
2.75%
6.84%
4.16%
2.73%
2.41%
4.21%
EBITDA
659.75
744.93
723.79
549.64
660.78
576.06
416.96
358.02
364.24
327.24
243.70
EBITDA Margin
26.43%
28.34%
27.19%
28.85%
26.70%
28.14%
27.84%
24.11%
33.06%
32.19%
22.22%
Other Income
80.51
101.75
83.45
99.72
260.10
192.17
153.53
209.91
192.01
154.14
160.20
Interest
6.55
7.04
7.25
6.01
6.92
8.01
13.45
13.69
1.18
1.62
1.65
Depreciation
61.72
66.69
65.61
51.87
47.27
38.39
36.34
38.26
34.74
26.52
20.00
PBT
671.99
772.95
734.38
591.48
866.69
721.83
520.70
515.98
520.33
453.24
382.25
Tax
177.38
202.95
196.52
148.34
241.09
240.28
162.04
167.49
177.81
150.15
122.31
Tax Rate
26.40%
26.26%
26.76%
25.08%
27.82%
33.29%
31.12%
32.46%
34.17%
33.13%
32.00%
PAT
494.61
542.04
516.37
431.31
608.44
461.29
344.55
339.85
340.99
302.98
260.05
PAT before Minority Interest
458.50
570.97
538.58
443.14
625.60
481.55
358.66
348.49
342.52
303.09
259.94
Minority Interest
-36.11
-28.93
-22.21
-11.83
-17.16
-20.26
-14.11
-8.64
-1.53
-0.11
0.11
PAT Margin
19.81%
20.62%
19.40%
22.64%
24.59%
22.53%
23.01%
22.89%
30.95%
29.80%
23.72%
PAT Growth
-13.54%
4.97%
19.72%
-29.11%
31.90%
33.88%
1.38%
-0.33%
12.55%
16.51%
 
EPS
20.58
22.56
21.49
17.95
25.32
19.20
14.34
14.14
14.19
12.61
10.82

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 09
Mar 08
Mar 07
Shareholder's Funds
2,603.78
2,488.64
2,391.97
2,633.27
2,422.10
2,213.61
2,037.92
633.69
530.42
472.51
Share Capital
240.30
240.30
240.30
250.00
200.00
200.00
200.00
40.00
40.00
4.00
Total Reserves
2,363.48
2,248.34
2,151.67
2,383.27
2,222.10
2,013.61
1,837.92
593.69
490.42
468.51
Non-Current Liabilities
268.16
182.80
231.18
283.35
155.49
262.23
275.84
42.91
9.53
12.44
Secured Loans
0.00
16.98
24.64
32.59
39.93
47.65
75.76
71.54
0.00
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
72.39
49.58
27.62
Long Term Provisions
19.75
30.23
10.82
22.94
6.70
11.89
112.68
0.00
0.00
0.00
Current Liabilities
2,953.86
3,013.16
3,094.97
2,907.68
2,704.85
2,584.20
2,413.21
1,091.05
745.64
555.29
Trade Payables
302.11
181.09
296.38
135.78
198.66
77.09
73.11
153.27
119.98
77.45
Other Current Liabilities
2,573.70
2,744.91
2,700.82
2,686.56
2,437.34
2,401.37
2,189.55
773.34
488.95
393.38
Short Term Borrowings
0.00
0.00
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
78.05
87.16
97.70
85.34
68.85
105.74
150.55
164.44
136.71
84.46
Total Liabilities
5,941.14
5,790.56
5,806.28
5,905.78
5,354.09
5,116.81
4,771.07
1,745.63
1,311.94
1,040.24
Net Block
552.47
559.84
584.44
590.48
477.16
400.95
405.20
148.57
127.19
132.02
Gross Block
919.00
861.63
823.84
782.77
624.26
509.87
478.01
216.12
184.24
183.17
Accumulated Depreciation
366.53
301.79
239.40
192.29
147.10
108.92
72.81
67.54
57.05
51.15
Non Current Assets
1,109.12
1,128.98
996.47
887.91
808.48
800.69
939.56
311.91
215.54
132.08
Capital Work in Progress
100.54
58.11
15.49
4.45
3.91
1.96
4.86
163.26
88.28
0.00
Non Current Investment
104.85
128.88
178.15
148.94
142.08
134.03
136.13
0.07
0.07
0.06
Long Term Loans & Adv.
260.97
246.84
166.90
120.16
147.76
145.15
154.00
0.00
0.00
0.00
Other Non Current Assets
90.29
135.26
51.49
23.88
37.57
118.60
239.37
0.00
0.00
0.00
Current Assets
4,832.02
4,661.58
4,809.81
5,017.87
4,545.61
4,316.12
3,831.51
1,423.47
1,088.77
908.16
Current Investments
25.00
75.92
110.77
111.66
0.00
0.00
193.04
15.18
29.80
0.00
Inventories
30.91
118.75
286.16
10.67
104.93
9.38
50.42
52.54
29.71
13.19
Sundry Debtors
906.98
740.03
584.37
843.74
609.52
467.70
461.50
192.94
134.67
154.11
Cash & Bank
3,448.51
3,299.33
3,357.10
3,613.09
3,506.02
3,595.74
2,887.18
865.60
584.18
433.35
Other Current Assets
420.62
73.50
120.20
87.68
325.14
243.30
239.37
297.22
310.41
307.51
Short Term Loans & Adv.
314.53
354.05
351.21
351.03
160.26
143.82
88.93
275.28
281.57
291.00
Net Current Assets
1,878.16
1,648.42
1,714.84
2,110.19
1,840.76
1,731.92
1,418.30
332.42
343.13
352.87
Total Assets
5,941.14
5,790.56
5,806.28
5,905.78
5,354.09
5,116.81
4,771.07
1,745.63
1,311.93
1,040.24

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 09
Mar 08
Mar 07
Cash From Operating Activity
559.82
309.63
515.70
317.00
163.58
410.04
555.14
147.49
212.34
219.51
PBT
773.92
735.10
592.55
874.35
730.05
518.63
504.61
59.51
147.02
178.06
Adjustment
33.54
55.94
-66.77
-98.61
-108.54
6.97
-76.94
-84.46
-7.49
-7.11
Changes in Working Capital
-65.13
-296.47
92.37
-248.89
-215.77
65.40
294.04
250.07
126.37
133.08
Cash after chg. in Working capital
742.33
494.57
618.15
526.85
405.74
591.00
721.71
225.13
265.90
304.03
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-182.51
-184.94
-102.45
-209.85
-242.16
-180.96
-166.57
-77.64
-65.39
-81.10
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-15.00
52.96
183.76
38.37
136.87
-459.28
-57.93
-57.14
-49.96
-25.79
Net Fixed Assets
-93.59
-77.40
-52.05
-112.61
-110.11
-28.89
-135.17
-21.45
-32.75
-18.54
Net Investments
75.92
84.90
-22.04
-110.72
0.17
193.07
-319.94
14.62
-62.65
0.03
Others
2.67
45.46
257.85
261.70
246.81
-623.46
397.18
-50.31
45.44
-7.28
Cash from Financing Activity
-483.17
-440.24
-708.28
-419.03
-278.82
-217.41
-214.92
134.80
14.31
-30.35
Net Cash Inflow / Outflow
61.65
-77.65
-8.82
-63.66
21.63
-266.65
282.29
225.16
176.69
163.37
Opening Cash & Equivalents
808.72
813.44
116.66
168.72
145.16
406.09
429.10
612.14
422.93
281.22
Closing Cash & Equivalent
1,048.17
808.72
118.50
116.66
168.72
145.16
713.17
863.62
612.14
441.68

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
108.36
103.56
99.54
105.33
96.88
88.54
81.52
150.67
130.36
112.14
ROA
9.73%
9.29%
7.57%
11.11%
9.20%
7.25%
7.61%
8.50%
8.25%
9.59%
ROE
22.42%
22.07%
17.64%
24.75%
20.78%
16.87%
17.77%
19.51%
20.00%
25.67%
ROCE
30.52%
30.07%
23.44%
33.97%
30.80%
24.33%
25.68%
27.99%
28.40%
34.16%
Fixed Asset Turnover
3.37
3.47
2.37
3.52
3.61
3.03
2.80
2.35
2.98
4.06
Receivable days
100.16
82.76
136.79
107.19
96.02
113.25
122.39
149.28
121.74
83.87
Inventory Days
9.10
25.30
28.43
8.53
10.19
7.29
7.60
9.37
18.62
18.49
Payable days
470.74
138.57
1471.99
37.61
34.31
30.45
32.91
53.33
67.98
69.66
Cash Conversion Cycle
-361.48
-30.51
-1306.77
78.10
71.90
90.08
97.08
105.32
72.37
32.70
Total Debt/Equity
0.00
0.01
0.01
0.02
0.02
0.02
0.04
0.06
0.06
0.06
Interest Cover
110.93
102.39
99.42
126.24
91.12
39.71
38.69
441.96
280.78
232.67

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014
FY 2013
FY 2012
FY 2011
FY 2010

News Update:


  • RITES signs MoU with DVC for rail infra works
    25th Apr 2024, 09:48 AM

    As part of this collaboration, RITES will be working closely with DVC for development of rail infrastructure facilities and associated civil, structural, S&T, OHE works

    Read More
  • RITES inks MoU with IIT-Madras
    6th Apr 2024, 11:16 AM

    The partnership aims at finding novel infrastructure solutions for the transportation and storage of green hydrogen and green ammonia

    Read More
  • RITES opens new Branch office in UAE
    27th Mar 2024, 12:28 PM

    Earlier, the company had received LoA from The National Small Industries Corporation

    Read More
  • RITES gets LoA from National Small Industries Corporation
    18th Mar 2024, 15:11 PM

    The Broad consideration or size of the order is to Rs 67.50 crore plus GST as applicable

    Read More
  • RITES signs MoU with AD Ports Group
    14th Feb 2024, 12:59 PM

    MoU aims to explore joint ventures and collaborations in key areas of trade and logistics

    Read More
  • RITES signs MoU with IIT-Mandi
    10th Feb 2024, 12:24 PM

    The MoU is for setting up a ‘Ropeway Centre of Excellence’

    Read More
  • Rites reports 13% fall in Q3 consolidated net profit
    2nd Feb 2024, 14:23 PM

    Total consolidated income of the company decreased by 0.50% at Rs 699.85 crore for Q3FY24

    Read More
  • Rites - Quarterly Results
    1st Feb 2024, 15:51 PM

    Read More
  • RITES bags order worth Rs 414 crore under EPC mode III
    20th Jan 2024, 15:57 PM

    The MoU with IIT-Bhubaneswar will be executed with mutually agreed terms & conditions

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.