RITES Limited

BSE: RITES541556ISIN INE320J01015

Industrials
Civil Construction
BSE 500

Share price

₹197.05+3.90 (+2.02%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

20 Sep 2024 · Bonus 1:1

52W high: ₹259.30
52W low: ₹175.10
Off 52W high: -24.01%
1M return: -4.27%
3M return: -13.38%
6M return: -13.02%
1Y return: -20.93%
20D avg volume: 96,912
50 DMA: ₹204.72
200 DMA: ₹211.55

Key ratios Consolidated

Market cap: ₹9,470 Cr
Current price: ₹197.05
52W high / low: ₹259.30 / ₹175.10
Face value: ₹10.00
P/E: 20.53
P/B: 3.56
EPS (TTM): ₹9.60
Book value / share: ₹55.33
ROE: —
ROCE: 18.30%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-557.01 Cr
Interest cover: 157.26
Dividend yield: 4.09%
Dividend / share (TTM): ₹8.05
Payout: 83.85%
Cash conversion cycle: 97.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	556.83	532.20	768.26	608.59	548.74	489.74	615.43	575.76	540.86	485.76	643.25	682.89
	25.98	28.48	30.95	26.26	30.30	21.98	23.52	38.43	21.27	22.49	24.43	16.96
	582.81	560.68	799.21	634.85	579.04	511.72	638.95	614.19	562.13	508.25	667.68	699.85
	452.82	434.94	617.50	484.07	436.95	392.50	447.90	475.44	451.95	395.44	480.99	530.82
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	129.92	135.71	137.03	131.16	127.14	126.36	126.85	125.12	121.02	130.38	124.26	125.31
	0.97	0.83	0.90	0.72	0.76	1.42	1.29	1.04	2.42	1.05	0.48	1.88
	17.12	16.57	16.50	16.95	17.06	15.49	16.79	15.98	14.94	14.41	15.57	14.96
	309.25	310.10	385.13	363.51	275.52	272.20	355.34	32.99	26.88	20.39	28.50	32.53
	129.99	125.74	181.71	150.78	142.09	119.22	191.05	138.75	110.18	112.81	186.69	169.03
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	129.99	125.74	181.71	150.78	142.09	119.22	191.05	138.75	110.18	112.81	186.69	169.03
	33.95	32.78	46.40	38.95	37.28	30.70	53.42	34.62	28.78	24.54	50.02	42.06
	97.06	97.78	139.35	115.10	109.10	90.89	141.33	109.39	82.50	90.44	136.67	128.78
	1.79	1.81	2.70	2.12	2.04	1.67	2.76	2.08	1.52	3.29	5.25	5.00
Key metrics
	148.08	143.14	199.11	168.45	159.91	136.13	209.13	155.77	127.54	128.27	202.74	185.87
	26.60%	26.90%	25.90%	27.70%	29.10%	27.80%	34.00%	27.10%	23.60%	26.40%	31.50%	27.20%
	17.40%	18.40%	18.10%	18.90%	19.90%	18.60%	23.00%	19.00%	15.30%	18.60%	21.20%	18.90%
	4.30%	—	5.60%	—	4.50%	—	6.60%	—	—	—	—	—
	1.50%	8.70%	24.80%	5.70%	1.50%	0.80%	-4.30%	-15.70%	—	—	—	—
	-11.00%	7.60%	-1.40%	5.20%	32.20%	0.50%	3.40%	-15.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,466	2,415	2,218	2,453	2,628	2,662
	111.67	109.49	105.71	86.12	101.75	83.45
	2,578	2,525	2,324	2,539	2,730	2,745
	1,989	1,931	1,771	1,869	1,956	2,011
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	533.82	521.69	503.37	492.43	508.50	517.25
	3.42	3.80	5.80	4.71	7.04	7.25
	67.14	66.00	62.12	60.66	145.69	65.61
	1,368	1,296	1,270	120.50	66.69	148.82
	588.22	593.80	552.79	670.36	773.92	734.38
	0.00	0.00	0.00	0.00	0.00	0.72
	588.22	593.80	552.79	670.36	773.92	735.10
	152.08	153.33	141.36	175.16	202.95	196.52
	449.29	454.44	423.66	495.20	570.97	538.58
	8.42	8.54	8.01	18.95	22.56	21.49
Key metrics
	658.78	663.60	620.71	735.73	926.65	807.96
	26.72%	27.50%	28.00%	30.00%	35.30%	30.40%
	18.22%	18.80%	19.10%	20.20%	21.70%	20.20%
	—	18.30%	19.10%	—	—	—
	10.59%	8.90%	-9.60%	-6.70%	-1.30%	—
	-0.32%	7.30%	-14.40%	-13.30%	6.00%	—
	—	103.96	518.67	—	—	—
	—	0.37	1.54	—	—	—
	—	0.00	0.00	—	—	—
	—	-557.01	-688.10	—	—	—
	—	97.5	74.7	—	—	—
Balance sheet
	—	5,926	6,119	—	—	—
	—	4,459	4,887	—	—	—
	—	557.01	688.10	—	—	—
	—	931.22	739.97	—	—	—
	—	34.60	78.08	—	—	—
	—	163.41	122.91	—	—	—
	—	576.02	568.91	—	—	—
	—	320.41	364.28	—	—	—
	—	2,665	3,189	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	2,794	2,749	—	—	—
Cash flow
	—	165.97	651.28	—	—	—
	—	126.22	-219.47	—	—	—
	—	-423.50	-404.52	—	—	—
	—	62.01	132.61	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	521.82	497.99	737.08	569.18	514.00	455.73	586.61	544.53	510.39	453.78	606.18	652.88
	42.94	26.76	48.73	33.92	47.31	20.18	36.04	47.24	43.21	21.36	32.98	24.85
	564.76	524.75	785.81	603.10	561.31	475.91	622.65	591.77	553.60	475.14	639.16	677.73
	444.11	427.62	609.47	477.82	429.46	386.16	440.82	468.90	445.52	388.69	475.08	523.02
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	129.89	135.42	136.80	130.95	126.83	126.13	126.47	124.88	120.72	130.10	123.93	125.01
	0.97	0.83	0.90	0.72	0.76	1.42	1.29	0.88	2.42	1.05	0.47	1.88
	14.75	14.26	14.24	14.62	14.74	13.20	14.53	13.66	12.63	12.12	13.19	12.59
	302.94	305.38	379.59	359.80	270.66	268.38	350.90	31.83	25.80	19.32	26.39	30.92
	120.65	97.13	176.34	125.28	131.85	89.75	181.83	122.87	108.08	86.45	164.08	154.71
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	120.65	97.13	176.34	125.28	131.85	89.75	181.83	122.87	108.08	86.45	164.08	154.71
	26.30	25.33	40.06	29.77	29.63	23.10	47.42	27.88	22.12	21.59	41.01	36.14
	94.35	71.80	136.28	95.51	102.22	66.65	134.41	94.99	85.96	64.86	123.07	118.57
	1.96	1.49	2.84	1.99	2.13	1.39	2.80	1.98	1.79	2.70	5.12	4.93
Key metrics
	136.37	112.22	191.48	140.62	147.35	104.37	197.65	137.41	123.13	99.62	177.74	169.18
	26.10%	22.50%	26.00%	24.70%	28.70%	22.90%	33.70%	25.20%	24.10%	22.00%	29.30%	25.90%
	18.10%	14.40%	18.50%	16.80%	19.90%	14.60%	22.90%	17.40%	16.80%	14.30%	20.30%	18.20%
	4.30%	—	5.80%	—	4.50%	—	6.70%	—	—	—	—	—
	1.50%	9.30%	25.70%	4.50%	0.70%	0.40%	-3.20%	-16.60%	—	—	—	—
	-7.70%	7.70%	1.40%	0.50%	18.90%	2.80%	9.20%	-19.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,326	2,276	2,095	2,312	2,520	2,575
	152.35	150.14	147.85	126.92	119.16	86.00
	2,478	2,426	2,243	2,439	2,639	2,661
	1,959	1,903	1,744	1,842	1,930	1,987
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	533.06	520.71	502.17	491.22	507.60	516.42
	3.42	3.80	5.64	4.70	6.62	4.96
	57.87	56.80	52.94	51.43	59.38	58.47
	1,348	1,278	1,254	113.84	141.63	145.84
	519.40	523.22	499.23	596.87	708.54	674.56
	0.00	0.00	0.00	—	—	—
	519.40	523.22	499.23	596.87	708.54	674.56
	121.46	122.56	119.01	142.76	178.00	177.46
	397.94	400.66	380.22	454.11	530.54	497.10
	8.28	8.34	7.91	18.90	22.08	20.69
Key metrics
	580.69	583.82	557.81	653.00	774.54	737.99
	24.96%	25.70%	26.60%	28.20%	30.70%	28.70%
	17.11%	17.60%	18.10%	19.60%	21.10%	19.30%
	—	17.40%	18.60%	—	—	—
	10.72%	8.60%	-9.40%	-8.20%	-2.20%	—
	-0.08%	5.40%	-16.30%	-14.40%	6.70%	—
	—	112.53	439.72	—	—	—
	—	0.43	1.50	—	—	—
	—	0.00	0.00	—	—	—
	—	-549.03	-663.62	—	—	—
	—	102.9	77.8	—	—	—
Balance sheet
	—	5,689	5,897	—	—	—
	—	4,337	4,782	—	—	—
	—	549.03	663.62	—	—	—
	—	922.73	729.72	—	—	—
	—	34.60	78.08	—	—	—
	—	163.27	122.86	—	—	—
	—	433.50	419.25	—	—	—
	—	315.24	360.91	—	—	—
	—	2,657	3,183	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	2,564	2,533	—	—	—
Cash flow
	—	173.80	572.17	—	—	—
	—	94.38	-196.73	—	—	—
	—	-383.01	-362.69	—	—	—
	—	61.27	132.45	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -3.34%
Sales CAGR 5Y: —
Profit CAGR 3Y: -8.93%
Profit CAGR 5Y: —
Sales YoY (TTM): +10.72%
Profit YoY (TTM): -0.08%

Consolidated

Sales CAGR 3Y: -2.78%
Sales CAGR 5Y: —
Profit CAGR 3Y: -7.33%
Profit CAGR 5Y: —
Sales YoY (TTM): +10.59%
Profit YoY (TTM): -0.32%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 72.20%

Quarter	September 2026	June 2026
Promoter %	72.20%	72.20%

Holder	Type	Holding	Previous	Change
President of India	Promoter	72.20%	72.20%	0.00%
LIFE INSURANCE CORPORATION OF INDIA	Public	5.52%	5.52%	0.00%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	Public	1.97%	1.97%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,56,159	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	40,345	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	23,866	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,441	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,708	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,774	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,785	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,948	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	10,032	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
Welspun Enterprises Limited	9,979	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
RITES Limited	9,441	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
KEC International Ltd.	8,779	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	8,060	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,688	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,607	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,191	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
ISGEC Heavy Engineering Limited	7,175	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Ceigall India Limited	6,728	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
Dilip Buildcon Limited	6,451	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,938	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,903	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,612	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,537	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,327	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
J. Kumar Infraprojects Limited	3,193	419.30	8.33	17.80%	-2.47% TTM	-6.59% TTM	-34.08%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Press release is attached.4 Nov 2026 · Company Update / Press Release / Media Release
Investors presentation on Financial Results for the 2nd quarter ended September, 2026.4 Nov 2026 · Company Update / Investor Presentation
Board of Directors of the Company in their meeting held on 04.11.2026 has took note that the proposal for formation of JV with NICC Infrastructure Construction LLC and contribution of capital ....4 Nov 2026 · Company Update / General
Board of Directors of Directors of the Company in their meeting held on 04.11.2026 has declared the 2nd Interim Dividend of Rs. 1.90 per share for FY 2026-27.4 Nov 2026 · Corp. Action / Dividend
Outcome of the Board Meeting held on 04.11.2026.4 Nov 2026 · Result / Financial Results
Outcome of the Board Meeting held on 04.11.2026.4 Nov 2026 · Board Meeting / Outcome of Board Meeting
RITES emerges as Lowest Bidder (L-1) in tender from Sri Lanka Railways2 Nov 2026 · Company Update / Award of Order / Receipt of Order
Intimation regarding Investors Meet.2 Nov 2026 · Company Update / Analyst / Investor Meet
Newspaper publication for mandatory transfer of equity shares to Investor Education and Protection Fund (IEPF) Authority.23 Oct 2026 · Company Update / Newspaper Publication
Clarification with respect to movement in volume of shares.16 Oct 2026 · Company Update / General
The Exchange has sought clarification from RITES Ltd on October 16, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.16 Oct 2026 · Company Update / Clarification
Intimation of ESG Rating assigned by CRISIL ESG Ratings & Analytics Limited9 Oct 2026 · Company Update / General
RITES Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....9 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of appointment of Independent Director.6 Oct 2026 · Company Update / Change in Directorate
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20154 Oct 2026 · Company Update / General
Clarification with respect to Movement in Volume of Shares1 Oct 2026 · Company Update / General
The Exchange has sought clarification from RITES Ltd on October 1, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.1 Oct 2026 · Company Update / Clarification
Intimation for Closure of Trading Window for the quarter and half year ending on September 30, 202628 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Voting Results and Consolidated Scrutinizers Report on e-voting of 52nd AGM25 Sep 2026 · AGM/EGM / AGM
Proceedings of 52nd Annual General Meeting of the Company held on 25.09.2026.25 Sep 2026 · AGM/EGM / AGM
Intimation regarding initiation of the process for closure of RITES (Africa) Proprietary Limited (Wholly-owned subsidiary of RITES Limited)25 Sep 2026 · Company Update / General
Intimation regarding Investors Meet.24 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation regarding Investors Meet23 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Press Release.23 Sep 2026 · Company Update / Press Release / Media Release
Update regarding Major Order Secured22 Sep 2026 · Company Update / Award of Order / Receipt of Order
Intimation of ESG Rating by Niche Ninety Nine Capability And Certifications (OPC) Private Limited18 Sep 2026 · Company Update / General
Appointment of Statutory Auditors by C&AG for FY 2026-27.8 Sep 2026 · Company Update / General
Newspaper Publication for Notice of the 52nd Annual General Meeting, E-voting information and Record date4 Sep 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26.3 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Web-Link of the Integrated Annual Report for the Financial Year 2025-26.3 Sep 2026 · Company Update / General
Notice of the 52nd Annual General Meeting (AGM) and Integrated Annual Report for the Financial Year 2025-263 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice of the 52nd AGM and Integrated Annual Report for the Financial Year 2025-26.3 Sep 2026 · AGM/EGM / AGM
Public Notice in Newspaper regarding 52nd Annual General Meeting of the members of the Company.2 Sep 2026 · Company Update / Newspaper Publication
Intimation regarding opening of Branch Office in the Republic of South Africa.28 Aug 2026 · Company Update / General
Intimation regarding Investors Meet27 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015, Company has Fixed Sunday September 20, 2026 as Record Date for payment of Final Dividend, if approved at the Annual General Meeting ....25 Aug 2026 · Corp. Action / Record Date
Intimation of 52nd Annual General Meeting, E-voting and Fixation of Record Date for Final Dividend for FY 2025-26.25 Aug 2026 · AGM/EGM / AGM
Board of Directors of the Company in their meeting held on 21.08.2026 has approved the re-appointment of Shri Rahul Mithal (DIN: 07610499) as CMD and CEO of the Company.21 Aug 2026 · Company Update / Change in Directorate
Extension of Tenure of Shri Rahul Mithal, CMD, RITES Limited20 Aug 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.7500	18 Sep 2026	20 Sep 2026	—
Interim Dividend - Rs. - 1.4000	10 Aug 2026	10 Aug 2026	—
Interim Dividend - Rs. - 1.9000	10 Feb 2026	10 Feb 2026	—
Interim Dividend - Rs. - 2.0000	14 Nov 2025	15 Nov 2025	—
Final Dividend - Rs. - 2.6500	17 Sep 2025	17 Sep 2025	—
Interim Dividend - Rs. - 1.3000	12 Aug 2025	12 Aug 2025	—
Interim Dividend - Rs. - 1.9000	31 Jan 2025	1 Feb 2025	—
Interim Dividend - Rs. - 1.7500	14 Nov 2024	15 Nov 2024	—
Final Dividend - Rs. - 5.0000	20 Sep 2024	20 Sep 2024	—
Bonus issue 1:1	20 Sep 2024	20 Sep 2024	—
Interim Dividend - Rs. - 2.5000	8 Aug 2024	8 Aug 2024	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
4 Aug 2026 Board Meeting - Financial Results