RITES Limited

RITES Limited (RITES) is a small-cap Construction company valued at ₹10,093 crore operating in Civil Construction on the NSE and BSE.

Recent price move

RITES Limited last traded at ₹208, down 2.93% on the day.

Recent developments

2026-08-04: RITES reported a 8.9% year-on-year rise in net profit to ₹87.2 crore, driven by revenue growth, but the net profit margin contracted. 2026-08-05: The company announced a dividend and outlined its growth strategy, highlighting recent performance. 2026-09-22: RITES increased the estimated cost of a railway electrification project by 58% to ₹154.65 crore, while also reporting new orders received.

Financial performance

The company's annual revenue rose 10.0% to ₹2,415 crore, while annual net profit increased 7.2% to ₹454 crore. However, the net profit margin narrowed by 0.5 percentage points to 18.8%, and the latest quarter showed profit growth of 7.5% alongside revenue growth of 8.6%, though return on equity remained stable at 15.3%.

Valuation multiples

The stock trades at 24.4 times earnings, 3.78 times book value. It yields 0.7%.

Things to watch

The company's revenue growth has slowed, with a 2.8% annualized decline over the past three years and a 7.3% annualized decline in profit. The net profit margin has also narrowed, and the stock is 18.7% below its 52-week high. Recent project cost overruns may impact profitability.

Where it stands

RITES Limited ended the latest quarter with revenue of ₹532 crore and net profit of ₹98 crore, showing growth in both metrics compared to the same quarter a year earlier. The stock is 18.7% below its 52-week high, and the net profit margin has narrowed slightly. The company remains debt-free but faces challenges with declining revenue and profit growth over the past few years.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.