Partner With Us NRI

Rites Ltd share Price

Company details

6M Return 42.26%
1Y Return 70.97%
Mkt Cap.(Cr) 11,910.57
Volume 600,339
Div Yield 4.15%
OI Chg %
Volume 600,339

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Construction & Engineering company RITES announced Q4FY23 & FY23 results:

  • Standalone Q4FY23:
    • Revenue down from Rs 765 crore to Rs 690 crore
    • PAT up 6.5% at Rs 138 crore against Rs 130 crore in Q4FY22
    • EBITDA Rs 170 crore with a Margin of 25.9%
  • Standalone FY23:
    • Total Revenue stands at Rs 2,639 crore against Rs 2661 crore in FY22
    • EBITDA at Rs 655 crore, Margins at 26%
    • Profit After Tax up from Rs 497 crore to Rs 531 crore
  • Consolidated Q4FY23:
    • Operating revenue, excluding other income, stands at Rs 687 crore in Q4FY23 as against Rs 766 crore in Q4FY22, dip by 10.3%
    • Total revenue stands at Rs 706 crore as against Rs 788 crore in Q4FY22
    • EBITDA and PAT stand at Rs 191 crore and Rs 139 crore, respectively
  • Consolidated FY23:
    • Operating revenue, excluding other income, at Rs 2,628 crore in FY23 as against Rs 2,662 crore in FY22
    • Total revenue stands at Rs 2,730 crore as against Rs 2,745 crore in FY22
    • EBITDA and PAT, up by 3% and 6% respectively, stand at Rs 746 crore and Rs 571 crore against Rs 725 crore and Rs 539 crore, respectively, in FY22
    • EBITDA and PAT margins at 28.3% and 20.9%, respectively
  • The Board of Directors has recommended the final dividend of Rs 6 per share amounting Rs 144 crore for FY23 which is 60% of the paid-up capital.

Commenting on the results, Rahul Mithal, Chairman and Managing Director, RITES, said, “Highest-ever Consultancy Revenue in FY23 underscored the fact that Consultancy business is our core strength which we will continue to leverage aggressively, tapping the immense opportunities.”


Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Rites Ltd Stocks COMPARISION


Equity Capital: 2,603.78 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,065.79 -9,437.36
LAST 3M 48,885.55 -453.72
LAST 6M 53,246.77 148,781.31
LAST 12M 137,184.48 160,910.46

Rites Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • RITES Limited is a subsidiary of the Ministry of Railways of the Government of India. The company is involved in engineering consulting services. Headquartered in Gurgaon, Haryana, the company specialises in transport infrastructure. It was founded in 1974 and currently has more than 2,000 employees. RITES Limited has executed projects in more than 60 countries.

    On 22 January 2022, the market capitalisation of the company was Rs 8,213.52 crore. It reported consolidated sales of Rs 631 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 541556 and the National Stock Exchange with the code RITES.

    On 30 September 2022, the company’s shareholding pattern indicated a promoter stake of 72.2% and a 2% stake of foreign institutional investors. Mutual funds and DIIs held a consolidated stake of 15.8%, and the public held a stake of 9.4% in the company. The company’s shareholding pattern has remained largely consistent over the past year. The government of India is the promoter of the company.

    The company’s board of directors comprises Rahul Mithal, Bibhu Prasad Nayak, Anil Vij, Dineshananda Goswami, Godawari Mishra, Laxman Tammanna Tapashi, Likha Togu, R K Mangla, Sandeep Jain, and Vinay Srivastava. The company secretary of the company is Joshit Ranjan Sikidar. The auditors are J C Bhalla & Co. On 30 September 2022, the company had a total of 24 crore shares outstanding.

    On 22 January 2023, RITES Limited share price on BSE was Rs 341.60 and Rs 341.10 on NSE. The share price touched a 52-week high of Rs 433.00 and a 52-week low of Rs 226.20. Its three-month return to investors was -8.7%, while its one-year return was 23.4%.

    The company’s trailing twelve-month (TTM) revenue was Rs 2,661.83 crore as of 31 December 2022. At the same time, the company had a net profit of Rs 538.58 crore. The company’s P/E TTM was 15.06. The ROE of the company was 22.07, while the ROCE of the company was 27.84.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Scope Minar Core-I, Laxmi Nagar, New Delhi, New Delhi, 110092

Tel : 91-011-23354800/22024610
Email : ptmittal:rites.com
Website : http://www.rites.com

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 541556
Book Closure Date (Month) :
BSE Group : A
ISIN : INE320J01015

FAQ’s on Rites Ltd Shares

You can buy Rites Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rites Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 27, 2023 02:49 PM the closing price of Rites Ltd was ₹ 495.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 27, 2023 02:49 PM, the market cap of Rites Ltd stood at ₹ 11,910.57.

The latest PE ratio of Rites Ltd as of Sep 27, 2023 02:49 PM is 23.18

The latest PB ratio of Rites Ltd as of Sep 27, 2023 02:49 PM is 0.22

The 52-week high of Rites Ltd is ₹ 584.00 while the 52-week low is ₹ 292.00

Download Our App

market app
market app