Rites Limited

BSE: 541556 | NSE: RITES
Rites Limited (CIN: L74899DL1974GOI007227) operates in the Construction & Engineering industry and has been listed in the stock market since 2nd Jul 2018. It currents trades on NSE with symbol RITES and on BSE with scrip code 541556.
The registered office of the company is Scope Minar, Laxmi Nagar,Delhi,Delhi,110092.

The management team of Rites Limited is led by Mr. RAJEEV MEHROTRA who is the Executive Director-Chairperson. Other members of the management team consist of Mr. GOPI SURESHKUMAR VARADARAJAN (Designation:Executive Director), Mr. ALOK KUMAR TEWARI (Designation:Non-Executive - Nominee Director), Mr. ANIL KUMAR GOEL# (Designation:Non-Executive - Independent Director), Mr. SATISH SAREEN# (Designation:Non-Executive - Independent Director), Mr. PRAMOD KUMAR ANAND (Designation:Non-Executive - Independent Director), Ms. GEETHAKUMARY (Designation:Non-Executive - Independent Director), Mr. RAJENDRA NATH GOYAL (Designation:Non-Executive - Independent Director), Mr. B. P. Nayak (Designation:Director - Finance), Mr. Pramod Narang (Designation:Chief Financial Officer), Mr. Anil Vij (Designation:Director (Technical)), Ashish Kumar Srivastava (Designation:Company Secretary And Compliance Officer), .

The price and other financial information of Rites Limited is as below -

BSE 267.55 0.15 (0.06%)

BSE

267.55 0.15 (0.06%)
Volume: 10,340.00
M. Cap: 6,689.00
P/E: 11.62
Prev. Close: 267.90
Day
52 Wk

NSE

267.65 -0.65 (-0.24%)
Volume: 2,93,508.00
M. Cap: 6,689.00
P/E: 11.62
Prev. Close: 268.30
Day
52 Wk

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 21,85,00,000 87.40
General Public 1,19,28,647 4.77
Others 79,81,516 3.19
NBFC and Mutual Funds 74,90,133 3.00
Foreign Institutions 27,09,722 1.08
Financial Institutions 13,89,982 0.56
Total 25,00,00,000 100

NSE Trade Data

Trade Snapshot
VWAP 267.71
Face Value 10.00
Traded Volume (shares) 2,93,510.00
Traded Value (lacs) 785.76
Free Float Market Cap (Crs) 871.98
52 week high 324.80
52 week low 201.00
Lower Price Band 214.65
Upper Price Band 321.95
Security-wise Delivery Position
Quantity Traded 1,64,322.00
Deliverable Quantity (gross across client level) 1,05,366.00
% of Deliverable Quantity to Traded Quantity 64.12 %
Value at Risk (VaR in %)
Security VaR 7.94
Index VaR -
VAR Margin 7.94
Extreme Loss Rate 5.00
Adhoc Margin -
Applicable Margin Rate 12.94

Financial Data

Consolidated
Figures in crore 2019 2018 2017
Net Sales 2,047.45 1,497.45 1,351.46
Operating Profit 791.91 580.30 556.46
Other Income 200.40 153.53 209.91
Interest 23.47 25.33 13.69
Depreciation 38.39 36.34 38.26
Profit Before Tax 730.05 518.63 504.51
Tax 240.28 162.04 167.49
Profit After Tax 489.77 356.59 337.02
Share Capital 200.00 200.00 200.00
Reserves 2,222.10 2,013.61 1,837.92
Net Worth 2,422.10 2,213.61 2,037.92
Loans 235.03 322.97 311.84
Gross Block 625.15 511.20 479.34
Investments 141.28 132.81 327.92
Cash 3,511.51 3,595.74 2,887.18
Debtors 609.52 467.70 461.50
Net Working Capital 2,105.63 2,056.41 1,654.63
Operating Profit Margin (%) 38.68 38.75 41.17
Net Profit Margin (%) 23.92 23.81 24.94
Earning Per Share (Rs) 23.48 17.12 16.42
Dividend (%) 127.50 55.00 75.70
Dividend Payout 215.00 148.00 146.00
Standalone
Figures in crore 2019 2018 2017
Net Sales 1,968.97 1,433.85 1,299.35
Operating Profit 712.99 519.74 522.22
Other Income 195.20 152.50 207.45
Interest 4.09 4.81 2.01
Depreciation 32.18 30.18 32.11
Profit Before Tax 676.72 484.75 488.10
Tax 232.07 153.04 157.17
Profit After Tax 444.65 331.71 330.93
Share Capital 200.00 200.00 200.00
Reserves 2,183.83 1,999.11 1,835.33
Net Worth 2,383.83 2,199.11 2,035.33
Loans 187.43 267.65 228.41
Gross Block 465.51 357.79 326.00
Investments 180.01 179.76 372.80
Cash 3,468.62 3,569.49 2,852.92
Debtors 585.75 458.70 453.85
Net Working Capital 2,047.67 2,021.14 1,623.99
Operating Profit Margin (%) 36.21 36.25 40.19
Net Profit Margin (%) 22.58 23.13 25.47
Earning Per Share (Rs) 22.23 16.59 16.55
Dividend (%) 127.50 55.00 39.00
Dividend Payout 215.00 148.00 55.00
Dividend Declared (₹)
The company has declared dividend 4 times between 11 Sep 2018 and 10 Jul 2019, totaling Rs. 14.00 so far. The most recent dividend was declared on 10 Jul 2019 for Rs. 4.
Bonus History
Date Ratio
08 Aug 2019 issue 1:4

Financial Data Graph

The peers of Rites Limited are LT, MAHSEAMLES and GAYAPROJ.

* The above data is collected from public sources and we do not guarantee the accuracy of the same.*

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