Rites Ltd
- Market Cap ₹ 6,288 Cr.
- Current Price ₹ 262
- High / Low ₹ 293 / 191
- Stock P/E 14.5
- Book Value ₹ 112
- Dividend Yield 6.12 %
- ROCE 34.3 %
- ROE 24.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is providing a good dividend yield of 6.12%.
- Company has been maintaining a healthy dividend payout of 50.45%
Cons
- Earnings include an other income of Rs.179.49 Cr.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Loading peers table ...
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
332 | 443 | 535 | 737 | 538 | 746 | 620 | 571 | 335 | 439 | 449 | |
243 | 294 | 379 | 555 | 407 | 550 | 453 | 407 | 273 | 311 | 322 | |
Operating Profit | 89 | 149 | 156 | 182 | 131 | 196 | 167 | 164 | 63 | 128 | 128 |
OPM % | 27% | 34% | 29% | 25% | 24% | 26% | 27% | 29% | 19% | 29% | 28% |
Other Income | 58 | 35 | 48 | 59 | 36 | 143 | 47 | 46 | 41 | 61 | 31 |
Interest | 2 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | 2 | 1 | 2 |
Depreciation | 9 | 9 | 10 | 10 | 11 | 11 | 12 | 13 | 13 | 13 | 13 |
Profit before tax | 137 | 173 | 192 | 228 | 154 | 326 | 200 | 194 | 90 | 175 | 144 |
Tax % | 33% | 35% | 29% | 34% | 34% | 27% | 25% | 26% | 27% | 25% | 27% |
Net Profit | 92 | 108 | 130 | 145 | 98 | 233 | 147 | 139 | 63 | 130 | 102 |
EPS in Rs | 3.67 | 4.31 | 5.19 | 5.81 | 3.92 | 9.30 | 5.86 | 5.56 | 2.51 | 5.18 | 4.26 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|
1,013 | 1,218 | 1,351 | 1,497 | 2,047 | 2,474 | 1,794 | |
664 | 871 | 1,005 | 1,071 | 1,469 | 1,811 | 1,312 | |
Operating Profit | 348 | 347 | 347 | 427 | 578 | 663 | 482 |
OPM % | 34% | 28% | 26% | 28% | 28% | 27% | 27% |
Other Income | 147 | 209 | 210 | 154 | 200 | 268 | 179 |
Interest | 2 | 1 | 14 | 25 | 10 | 10 | 7 |
Depreciation | 26 | 37 | 38 | 36 | 38 | 47 | 52 |
Profit before tax | 468 | 518 | 505 | 519 | 730 | 874 | 603 |
Tax % | 33% | 34% | 33% | 31% | 33% | 28% | |
Net Profit | 312 | 339 | 328 | 342 | 470 | 616 | 434 |
EPS in Rs | 24.98 | 27.09 | 13.14 | 13.70 | 18.78 | 24.64 | 17.51 |
Dividend Payout % | 20% | 40% | 46% | 32% | 54% | 65% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 22% |
TTM: | -32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 30% |
TTM: | -30% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 20% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|
100 | 100 | 200 | 200 | 200 | 250 | 250 | |
Reserves | 1,576 | 1,707 | 1,838 | 2,014 | 2,222 | 2,383 | 2,452 |
Borrowings | 0 | 173 | 83 | 55 | 48 | 47 | 33 |
1,929 | 2,531 | 2,678 | 2,901 | 2,956 | 3,222 | 2,915 | |
Total Liabilities | 3,605 | 4,511 | 4,799 | 5,170 | 5,426 | 5,903 | 5,650 |
212 | 476 | 406 | 402 | 478 | 590 | 579 | |
CWIP | 26 | 34 | 5 | 2 | 4 | 4 | 9 |
Investments | 226 | 220 | 328 | 133 | 141 | 261 | 433 |
3,141 | 3,781 | 4,060 | 4,633 | 4,803 | 5,047 | 4,629 | |
Total Assets | 3,605 | 4,511 | 4,799 | 5,170 | 5,426 | 5,903 | 5,650 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
-89 | 463 | 555 | 410 | 164 | 319 | |
291 | -520 | -56 | -454 | 139 | 49 | |
-38 | 39 | -215 | -217 | -279 | -420 | |
Net Cash Flow | 165 | -18 | 284 | -261 | 24 | -52 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
ROCE % | 28% | 22% | 25% | 31% | 34% | |
Debtor Days | 137 | 161 | 125 | 114 | 109 | 124 |
Inventory Turnover | 0.17 | 0.09 | 5.28 | 2.29 | 6.02 |
Documents
Add documentRecent announcements
- Board to consider Second Interim Dividend 5 Mar
- Intimation Of Record Date 5 Mar
- Board Meeting Intimation for Intimation Of Board Meeting And Closure Of Trading Window 5 Mar
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Mar
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 3 Mar
View all