Ritco Logistics Ltd
Incorporated in 2001, Ritco Logistics
Ltd is engaged in Transportation activities[1]
- Market Cap ₹ 646 Cr.
- Current Price ₹ 226
- High / Low ₹ 325 / 218
- Stock P/E 12.3
- 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: | 68% |
| 3 Years: | 17% |
| 1 Year: | -21% |
| 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 |
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% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Newspaper Advertisement regarding Postal Ballot Notice
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Newspaper pertaining to Unaudited Financial Results of the company for the quarter ended 31st December, 2025
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
13 Feb - Postal ballot for ESOP amendment allowing flexible vesting (min one year); voting Feb 16–Mar 17, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Newspaper pertaining to Unaudited Financial Results of the company for the quarter ended 31st December, 2025
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Feb - Q3 FY26 standalone revenue ₹390.44 Cr; 9M ₹1,104.59 Cr; profit growth, multimodal contract wins.
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)