Stock RITES RITES LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials RITES Limited

Equities

RITES

INE320J01015

Business Support Services

Market Closed - NSE India S.E.
Other stock markets
 07:43:48 2024-04-26 am EDT 		5-day change 1st Jan Change
694.8 INR +1.24% Intraday chart for RITES Limited +7.65% +38.29%
Apr. 25 RITES Signs Collaboration Pact with Damodar Valley Corporation MT
Apr. 05 RITES Limited Signs MoU with Indian Institute of Technology, Madras to Collaborate for Green Energy Projects in the Field of Transport and Mobility CI

Valuation

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Capitalization 1 57,865 63,079 85,199 166,950 - -
Enterprise Value (EV) 1 57,865 63,079 85,199 166,950 166,950 166,950
P/E ratio 13.7 x 12.2 x 15.7 x 34.1 x 28 x 24 x
Yield - 6.48% 5.78% 2.04% 2.49% 2.89%
Capitalization / Revenue 3.11 x 2.37 x 3.24 x 6.56 x 5.46 x 4.73 x
EV / Revenue 3.11 x 2.37 x 3.24 x 6.56 x 5.46 x 4.73 x
EV / EBITDA 11.5 x 8.72 x 11.4 x 25.2 x 20.8 x 17.6 x
EV / FCF - 17.4 x 15.6 x 53.2 x 22.4 x 15.6 x
FCF Yield - 5.75% 6.39% 1.88% 4.47% 6.43%
Price to Book 2.42 x 2.53 x 3.54 x 6.1 x 5.75 x 5.36 x
Nbr of stocks (in thousands) 240,302 240,302 240,302 240,302 - -
Reference price 2 240.8 262.5 354.6 694.8 694.8 694.8
Announcement Date 6/16/21 5/24/22 5/18/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 18,595 26,618 26,283 25,446 30,582 35,314
EBITDA 1 5,039 7,238 7,449 6,636 8,046 9,480
EBIT 1 4,520 6,582 6,782 6,454 7,856 9,302
Operating Margin 24.31% 24.73% 25.81% 25.37% 25.69% 26.34%
Earnings before Tax (EBT) 1 5,926 7,351 7,739 6,802 8,228 9,612
Net income 1 4,324 5,164 5,420 4,924 5,990 7,016
Net margin 23.25% 19.4% 20.62% 19.35% 19.58% 19.87%
EPS 2 17.54 21.49 22.56 20.35 24.85 29.00
Free Cash Flow 1 - 3,626 5,448 3,141 7,456 10,732
FCF margin - 13.62% 20.73% 12.34% 24.38% 30.39%
FCF Conversion (EBITDA) - 50.1% 73.14% 47.33% 92.67% 113.21%
FCF Conversion (Net income) - 70.22% 100.51% 63.79% 124.48% 152.98%
Dividend per Share 2 - 17.00 20.50 14.20 17.30 20.10
Announcement Date 6/16/21 5/24/22 5/18/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2022 Q1 2022 Q2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 4,493 3,547 7,552 6,050 6,591 6,773 6,868 5,444 6,722 6,435 7,331
EBITDA 1 1,278 969.4 2,158 1,795 1,812 1,931 1,916 1,613 1,834 1,641 1,854
EBIT - - - - - - - - - - -
Operating Margin - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - -
Net income 1 - 719.9 1,690 1,375 1,324 1,401 1,320 1,080 1,367 1,292 1,297
Net margin - 20.3% 22.37% 22.73% 20.09% 20.68% 19.22% 19.84% 20.34% 20.08% 17.69%
EPS - - - - - - - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 2/10/21 8/12/21 11/11/21 7/28/22 11/10/22 2/9/23 5/18/23 7/28/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 3,626 5,448 3,141 7,456 10,732
ROE (net income / shareholders' equity) 17.2% 21.2% 22.2% 18.7% 21.3% 23.7%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 99.50 104.0 100.0 114.0 121.0 130.0
Cash Flow per Share - - - - - -
Capex 1 798 1,418 1,357 1,757 1,110 1,260
Capex / Sales 4.29% 5.33% 5.16% 6.9% 3.63% 3.57%
Announcement Date 6/16/21 5/24/22 5/18/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for RITES Limited

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
694.8 INR
Average target price
728.8 INR
Spread / Average Target
+4.89%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Business Support Services

1st Jan change Capi.
RITES LIMITED Stock RITES Limited
+38.29% 2B
CINTAS CORPORATION Stock Cintas Corporation
+10.55% 67.6B
JACOBS SOLUTIONS INC. Stock Jacobs Solutions Inc.
+11.64% 18.21B
BUREAU VERITAS SA Stock Bureau Veritas SA
+21.03% 13.41B
RB GLOBAL, INC. Stock RB Global, Inc.
+9.40% 13.37B
INTERTEK GROUP PLC Stock Intertek Group plc
+16.53% 9.94B
TELEPERFORMANCE SE Stock Teleperformance SE
-32.90% 5.74B
GENPACT LIMITED Stock Genpact Limited
-10.98% 5.57B
MAXIMUS, INC. Stock Maximus, Inc.
-4.09% 4.91B
EXLSERVICE HOLDINGS, INC. Stock ExlService Holdings, Inc.
-4.83% 4.87B
Other Business Support Services
  1. Stock Market
  2. Equities
  3. RITES Stock
  4. Financials RITES Limited