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. ANIL VIJ (Designation:Executive Director), Mr. B.P. NAYAK (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. VINAY SRIVASTAVA (Designation:Non-Executive - Nominee Director), Mr. Pramod Narang (Designation:Chief Financial Officer), Ashish Kumar Srivastava (Designation:Company Secretary And Compliance Officer), .

The price and other financial information of Rites Limited is as below -
Symbol is not Traded Today for BSE

NSE

319.35 -1.40 (-0.44%)
Volume: 9,63,953.00
M. Cap: 7,964.00
P/E: 13.32
Prev. Close: 320.75
Day
52 Wk

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 19,34,65,248 77.39
Financial Institutions 2,00,61,232 8.02
General Public 1,34,37,429 5.37
Others 92,26,024 3.69
NBFC and Mutual Funds 77,61,709 3.10
Foreign Institutions 60,48,358 2.42
Total 25,00,00,000 99.99

NSE Trade Data

Trade Snapshot
VWAP 320.70
Face Value 10.00
Traded Volume (shares) 9,63,953.00
Traded Value (lacs) 3,091.40
Free Float Market Cap (Crs) 1,833.39
52 week high 331.00
52 week low 202.90
Lower Price Band 256.60
Upper Price Band 384.90
Security-wise Delivery Position
Quantity Traded 9,63,953.00
Deliverable Quantity (gross across client level) 4,14,417.00
% of Deliverable Quantity to Traded Quantity 42.99 %
Value at Risk (VaR in %)
Security VaR 6.86
Index VaR -
VAR Margin 7.50
Extreme Loss Rate 5.00
Adhoc Margin -
Applicable Margin Rate 12.50

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 6 times between 11 Sep 2018 and 17 Feb 2020, totaling Rs. 24.00 so far. The most recent dividend was declared on 17 Feb 2020 for Rs. 4.
Bonus History
Date Ratio
08 Aug 2019 issue 1:4

Financial Data Graph

The peers of Rites Limited are LT, ELECTCAST and HGINFRA.

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

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