Ritco Logistics Ltd
Incorporated in 2001, Ritco Logistics
Ltd is engaged in Transportation activities[1]
- Market Cap ₹ 507 Cr.
- Current Price ₹ 178
- High / Low ₹ 325 / 167
- Stock P/E 9.68
- Book Value ₹ 126
- Dividend Yield 0.00 %
- ROCE 15.8 %
- ROE 18.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.6% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -10.4%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Part of BSE Allcap BSE Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 252 | 308 | 312 | 324 | 342 | 406 | 489 | 472 | 587 | 748 | 931 | 1,186 | 1,444 | |
| 243 | 298 | 303 | 313 | 313 | 362 | 452 | 440 | 546 | 695 | 854 | 1,089 | 1,328 | |
| Operating Profit | 10 | 9 | 9 | 11 | 28 | 44 | 37 | 31 | 41 | 53 | 77 | 96 | 116 |
| OPM % | 4% | 3% | 3% | 4% | 8% | 11% | 8% | 7% | 7% | 7% | 8% | 8% | 8% |
| 1 | 4 | 1 | 3 | 1 | 1 | 4 | 3 | 3 | 3 | 4 | 6 | 7 | |
| Interest | 7 | 6 | 5 | 5 | 7 | 12 | 13 | 14 | 13 | 17 | 22 | 22 | 26 |
| Depreciation | 2 | 2 | 2 | 4 | 7 | 15 | 16 | 12 | 9 | 5 | 12 | 16 | 26 |
| Profit before tax | 1 | 4 | 2 | 5 | 15 | 19 | 11 | 8 | 22 | 34 | 46 | 64 | 71 |
| Tax % | -37% | 31% | 33% | 22% | 34% | 35% | 22% | 25% | 27% | 27% | 26% | 26% | |
| 2 | 3 | 1 | 4 | 10 | 12 | 9 | 6 | 16 | 25 | 34 | 47 | 52 | |
| EPS in Rs | 1.17 | 2.28 | 1.08 | 2.84 | 5.13 | 4.96 | 3.61 | 2.47 | 6.65 | 10.10 | 13.93 | 16.66 | 18.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 26% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 56% |
| 5 Years: | 40% |
| 3 Years: | 44% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 4% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 16% |
| 3 Years: | 19% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 19 | 24 | 24 | 24 | 24 | 24 | 24 | 28 | 29 |
| Reserves | 16 | 19 | 20 | 24 | 29 | 68 | 77 | 83 | 99 | 124 | 160 | 301 | 331 |
| 48 | 36 | 53 | 53 | 96 | 110 | 134 | 137 | 173 | 207 | 260 | 314 | 370 | |
| 8 | 4 | 3 | 7 | 11 | 7 | 7 | 5 | 6 | 9 | 11 | 15 | 22 | |
| Total Liabilities | 85 | 72 | 90 | 97 | 155 | 209 | 243 | 250 | 303 | 364 | 455 | 658 | 752 |
| 18 | 14 | 19 | 18 | 43 | 56 | 42 | 33 | 22 | 38 | 63 | 145 | 162 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 |
| 67 | 58 | 71 | 79 | 111 | 152 | 199 | 215 | 281 | 327 | 391 | 512 | 589 | |
| Total Assets | 85 | 72 | 90 | 97 | 155 | 209 | 243 | 250 | 303 | 364 | 455 | 658 | 752 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 4 | -4 | 8 | -0 | 6 | -11 | 9 | -29 | 11 | 16 | -10 | |
| 1 | 6 | -6 | -1 | -35 | -40 | -2 | -2 | 6 | -19 | -37 | -112 | |
| -4 | -11 | 12 | -5 | 36 | 39 | 16 | -11 | 22 | 16 | 33 | 129 | |
| Net Cash Flow | 1 | -1 | 2 | 2 | 2 | 5 | 4 | -4 | -1 | 8 | 12 | 7 |
| Free Cash Flow | 4 | 9 | -11 | 6 | -32 | -23 | -13 | 6 | -25 | -10 | -22 | -108 |
| CFO/OP | 51% | 51% | -43% | 79% | 5% | 30% | -21% | 33% | -62% | 35% | 35% | 2% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83 | 60 | 72 | 74 | 100 | 103 | 111 | 132 | 124 | 118 | 116 | 115 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 83 | 60 | 72 | 74 | 100 | 103 | 111 | 132 | 124 | 118 | 116 | 115 |
| Working Capital Days | 76 | 18 | 21 | 25 | 28 | 52 | 50 | 53 | 53 | 46 | 48 | 61 |
| ROCE % | 10% | 9% | 9% | 19% | 18% | 11% | 9% | 13% | 15% | 17% | 16% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2023 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Fleet Size (Attached/Market Vehicles) Number of Trucks |
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| Fleet Size (Owned Trucks) Number of Trucks |
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| Working Capital Days (Debtors) Days |
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| Branch Network Number of Branches |
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| Warehousing Facilities Number of Warehouses |
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| Cargo Volume Handled Million Metric Tons |
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| Customer Base Number of Customers |
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| Network Coverage (Destinations) Number of Destinations |
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Documents
Announcements
-
Intimation Regarding Stock Options Under 'PRAGATI KI AUR' Employee Stock Option Plan 2022 & 2023
2d - 30 Mar 2026: 7,500 (2022) and 85,000 (2023) ESOPs cancelled; outstanding 139,750 and 115,000.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Revision In Vesting Schedule Under ESOP Plan
2d - Shareholders approved on 17 Mar 2026; vesting changed to 50% at year 3, 50% at year 5.
-
Board Meeting Outcome for Outcome Of Independent Director Meeting
26 Mar - Independent Directors' meeting on 26 Mar 2026 reviewed board, chairperson performance and information flow.
-
Board Meeting Intimation for Separate Meeting Of Independent Directors To Be Held On Thursday, March 26, 2026
23 Mar - Independent Directors meeting on 26-Mar-2026 to review board, non-independent directors, chairperson performance and information flow.
-
Closure of Trading Window
23 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for quarter/year ended 31 March 2026.
Annual reports
Concalls
-
Aug 2025TranscriptPPT
Business Overview:[1][2]
RLL is an ISO 9001:2000 certified company and is a third-party logistics (3PL) service provider that provides
logistics services including transportation of cargo and warehousing services. It has a presence in 300+ locations with 50 branches, and 8-9 fleet hubs. It has a fleet size of approx. 296 vehicles as of September 30, 2023, and 3 lakh sq/ft. of warehousing area across 6 states in the country (on lease). Company has a fleet of 1600+ trucks from the market and also hires from the spot market if required (through brokers)