Ritco Logistics Ltd

Ritco Logistics Ltd

₹ 265 -0.66%
02 Jun - close price
About

Incorporated in 2001, Ritco Logistics
Ltd is engaged in Transportation activities[1]

Key Points

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)

  • Market Cap 757 Cr.
  • Current Price 265
  • High / Low 325 / 167
  • Stock P/E 21.0
  • Book Value 127
  • Dividend Yield 0.00 %
  • ROCE 10.1 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
196.74 207.86 234.64 238.92 251.88 252.23 279.09 312.96 345.41 354.33 360.38 392.64 391.83
182.48 191.03 215.77 219.33 232.06 232.36 257.57 290.23 319.74 329.15 334.52 365.19 371.94
Operating Profit 14.26 16.83 18.87 19.59 19.82 19.87 21.52 22.73 25.67 25.18 25.86 27.45 19.89
OPM % 7.25% 8.10% 8.04% 8.20% 7.87% 7.88% 7.71% 7.26% 7.43% 7.11% 7.18% 6.99% 5.08%
1.15 0.44 0.99 1.31 1.10 1.01 1.31 1.47 2.14 1.36 1.39 1.37 2.09
Interest 4.80 4.96 5.40 5.59 5.79 5.83 4.72 5.35 6.43 6.68 6.30 6.65 6.98
Depreciation 1.43 2.44 3.21 3.32 3.43 3.21 3.78 4.13 5.28 6.51 7.29 7.66 8.71
Profit before tax 9.18 9.87 11.25 11.99 11.70 11.84 14.33 14.72 16.10 13.35 13.66 14.51 6.29
Tax % 36.06% 27.76% 27.02% 27.94% 25.98% 27.03% 27.84% 30.91% 28.57% 32.88% 31.70% 33.63% 36.25%
5.87 7.14 8.21 8.64 8.65 8.64 10.33 10.16 11.50 8.95 9.33 9.63 4.01
EPS in Rs 2.40 2.95 3.39 3.56 3.58 3.59 3.74 3.83 4.23 3.39 3.54 3.71 1.96
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
748 931 1,187 1,499
696 856 1,097 1,401
Operating Profit 52 75 90 98
OPM % 7% 8% 8% 7%
3 4 6 6
Interest 17 22 22 27
Depreciation 5 12 16 30
Profit before tax 33 45 57 48
Tax % 27% 27% 29% 33%
24 33 41 32
EPS in Rs 9.97 13.48 14.90 12.57
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 26%
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 14%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: 54%
3 Years: 15%
1 Year: -10%
Return on Equity
10 Years: %
5 Years: %
3 Years: 15%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 24 24 28 29
Reserves 124 159 294 336
207 260 316 474
9 10 14 24
Total Liabilities 365 453 652 862
38 63 147 210
CWIP 0 0 0 0
Investments 0 0 1 8
327 390 504 644
Total Assets 365 453 652 862

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
10 15 -16 -33
-19 -36 -93 -90
17 33 129 134
Net Cash Flow 8 12 19 11
Free Cash Flow -10 -23 -114 -124
CFO/OP 34% 34% -5% -19%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 118 116 115 121
Inventory Days 0
Days Payable
Cash Conversion Cycle 118 116 115 121
Working Capital Days 46 48 61 50
ROCE % 17% 15% 10%

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
Working Capital Days (Debtors)
Days
Branch Network
Number of Branches
Warehousing Facilities
Number of Warehouses
Cargo Volume Handled
Million Metric Tons
Customer Base
Number of Customers
Network Coverage (Destinations)
Number of Destinations

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.04% 73.04% 73.04% 73.04% 73.04% 63.12% 62.29% 62.29% 62.29% 62.69% 62.69% 62.69%
0.02% 0.03% 0.03% 0.03% 0.45% 0.05% 0.34% 0.06% 0.22% 0.02% 0.06% 0.02%
0.00% 0.00% 0.00% 0.00% 0.04% 2.53% 2.51% 2.79% 2.86% 2.82% 2.82% 2.82%
26.94% 26.93% 26.93% 26.93% 26.48% 34.31% 34.86% 34.03% 33.80% 33.66% 33.91% 33.94%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.83% 0.83% 0.82% 0.53% 0.53%
No. of Shareholders 3,0573,4044,8025,5435,6986,6699,4459,24713,35512,55111,57011,151

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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