RITES Limited (NSE:RITES)

India flag India · Delayed Price · Currency is INR
226.51
+3.76 (1.69%)
Jul 10, 2026, 3:30 PM IST
Market Cap108.91B -16.2%
Revenue (ttm)24.15B +8.9%
Net Income4.10B +6.6%
EPS8.54 +6.7%
Shares Out 480.60M
PE Ratio26.54
Forward PE24.04
Dividend7.95 (3.51%)
Ex-Dividend DateFeb 10, 2026
Volume1,684,595
Open225.00
Previous Close222.75
Day's Range222.60 - 227.75
52-Week Range175.00 - 285.50
Beta0.26
AnalystsBuy
Price Target278.00 (+22.73%)
Earnings DateAug 5, 2026

About RITES

RITES Limited, together with its subsidiaries, operates as an engineering consultancy company in the field of railways, highways, airports, ports, ropeways, urban transport, and inland waterways. The company operates through five segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and Spares; Turnkey Construction Projects; and Power Generation. It provides consultancy services, including conducting techno-economic and feasibility studies and preparation of detailed project reports, ... [Read more]

Founded 1974
Employees 1,793
Stock Exchange National Stock Exchange of India
Ticker Symbol RITES
Full Company Profile

Financial Performance

In fiscal year 2026, RITES's revenue was 24.15 billion, an increase of 8.89% compared to the previous year's 22.18 billion. Earnings were 4.10 billion, an increase of 6.62%.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for RITES stock is "Buy." The 12-month stock price target is ₹278.00, which is an increase of 22.73% from the latest price.

Price Target
₹278.00
(22.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rites share price jumps 7% after winning $35.82 million South Africa Locomotive contract

RITES Ltd. shares rallied nearly 7% in early trade on Tuesday after the company announced that its offer for the supply and commissioning of 4,000 HP Cape Gauge Diesel Electric…

5 days ago - Business Upturn

RITES secures USD 35.82 million order for diesel electric locomotives

RITES has announced the acceptance of its offer for the supply and commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives to Volantis Asset Finance (Pty) Ltd., South Africa. The…

5 days ago - Business Upturn

RITES shares rally over 13% after securing Rs 175.41 crore Project Management Consultancy Contract from BBAU

RITES shares surged more than 13% on July 1 after the state-owned engineering consultancy company announced that it has secured a Project Management Consultancy (PMC) contract from Babasaheb Bhimrao A...

11 days ago - Business Upturn

RITES secures Rs 175.41 crore project management consultancy contract

RITES has announced securing a significant contract for project management consultancy services valued at ₹175.41 crore. The contract involves planning, design, and development of infrastructural faci...

11 days ago - Business Upturn

RITES and CONCOR sign MoU for logistics infrastructure consultancy

RITES Ltd., a prominent transport infrastructure consultancy and engineering company, has signed a Memorandum of Understanding (MoU) with Container Corporation of India Limited (CONCOR), a Navratna Pu...

12 days ago - Business Upturn

RITES secures enhanced contract valued at Rs 148.93 crore

RITES has announced an amendment to its existing Memorandum of Understanding (MoU) with Neyveli Uttar Pradesh Power Limited (NUPPL), resulting in a significant enhancement of the contract value. The c...

16 days ago - Business Upturn

RITES announces joint venture with NICC Infrastructure in UAE

RITES Limited has announced the formation of a joint venture with NICC Infrastructure Construction LLC in the United Arab Emirates (UAE). The decision was approved by the Board of Directors…

16 days ago - Business Upturn

RITES reports Rs 754 crore order inflow in February; FY26 intake crosses Rs 1,900 crore

RITES, a Ministry of Railways enterprise, has reported robust order inflows during the ongoing financial year. The company recorded order inflows of Rs 754 crore in February 2026, demonstrating sustai...

6 weeks ago - Business Upturn

RITES Transcript: Q4 25/26

Double-digit revenue and profit growth achieved, with a record order book and strong export momentum. Margins are expected to decline as competitive orders increase, but revenue is set to reach new highs while profits will grow more gradually.

7 weeks ago - Transcripts

RITES Quarterly report: Q4 2026

RITES has published its Q4 2026 quarterly earnings report on May 20, 2026.

7 weeks ago - Filings

RITES Slides: Q4 2026

RITES has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 20, 2026.

7 weeks ago - Filings

RITES reports FY26 revenue of ₹2525 crore and PAT of ₹454 crore

RITES Ltd., a prominent Transport Infrastructure Consultancy and Engineering firm, has reported its financial results for the fiscal year ending March 31, 2026. The company achieved a consolidated rev...

7 weeks ago - Business Upturn

RITES Q4 Results: Net profit falls 2.3% YoY to Rs 130 crore, margin drops to 21.91%

RITES Limited reported mixed Q4 FY26 results, with revenue registering strong year-on-year growth, while profit and operating margins declined during the quarter. The company posted a consolidated net...

7 weeks ago - Business Upturn

RITES opens representative office in the Philippines

RITES has announced the opening of a new representative office in the Philippines, named 'Rites Limited SE-Asia Rep. Ofc.', to enhance its business development activities in the region. This strategic...

2 months ago - Business Upturn

MMRDA receives three bids to prepare Metro 14 DPR

MMRDA gets three bids—SMEC, Tata Consulting Engineers and RITES—to revise Metro Line 14 DPR (Kanjurmarg–Badlapur) after PPP fails; EPC model eyed.

2 months ago - The Times of India

Cidco-appointed joint venture to study third runway feasibility at Navi Mumbai airport

Navi Mumbai: In light of rising air traffic in the Mumbai Metropolitan Region, Cidco has appointed a joint venture of RITES Ltd and Creative Group LLP.

3 months ago - The Times of India

RITES announces liquidation of MMG-Metro Management Group joint venture

RITES Limited has announced the liquidation of its joint venture company, MMG-Metro Management Group Limited. The joint venture, formed in collaboration with DMRC and Israeli firm Poran Shrem Engineer...

3 months ago - Business Upturn

RITES shares surge over 4% after Rs 118.89 crore NALCO contract upgrade

Shares of RITES Limited surged more than 4% after the company announced a significant upward revision in its ongoing contract with National Aluminium Company Limited (NALCO). The revised contract valu...

3 months ago - Business Upturn

RITES secures contract amendment worth Rs 118.89 crore from NALCO

RITES has announced a significant amendment to its existing contract with National Aluminium Company Limited (NALCO), enhancing the contract value from ₹79.73 crore to ₹118.89 crore, excluding GST. Th...

3 months ago - Business Upturn

RITES secures Rs 105.69 crore contract for Jodhpur division test track maintenance

RITES has been awarded a significant contract valued at Rs 105.69 crore by the Research Designs and Standards Organisation (RDSO), Lucknow. The contract pertains to the comprehensive maintenance of a…

4 months ago - Business Upturn

RITES shares fall nearly 4% today - Know More

Shares of RITES declined in early trade on Monday, March 9, reflecting weakness across the broader equity market as global geopolitical tensions weighed on investor sentiment. As of 9:54 AM,…

4 months ago - Business Upturn

Top stocks for trade today, March 9: Tata Power, Dr Reddy’s Laboratories, RITES, KPI Green, Solar Industries and more

Several companies are expected to remain in focus on March 9 following key corporate developments, regulatory updates, project announcements, and business expansion plans. Stocks such as Alkem Laborat...

4 months ago - Business Upturn

RITES Transcript: Q3 25/26

Q3 saw robust sequential growth in revenue and margins, with a record order book and strong order inflow. Export and turnkey segments are set to drive double-digit growth, while FY 2027 is projected as a year of disruptive expansion.

5 months ago - Transcripts

RITES Quarterly report: Q3 2026

RITES has published its Q3 2026 quarterly earnings report on February 5, 2026.

5 months ago - Filings

RITES Slides: Q3 2026

RITES has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 5, 2026.

5 months ago - Filings