RITES logo

RITES share price

NSE: RITESBSE: 541556ConstructionSmall Cap

Last close ₹189.40down ₹6.69 (3.41%)BSE ₹189.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹196.09.

52-week range of traded prices to 23 Oct 2026
₹175.00Low, 30 Mar 2026₹259.70High, 21 Nov 2025
Market cap
₹9,103 Cr554th largest listed
P/E
21.8
P/B
3.4
Dividend yield
4.25%
ROE
15.7%
ROCE
17.4%
Debt to equity
0.00
Volume, NSE
6,35,66037.1% delivered

Share price

Daily closes since Jul 2018, adjusted for splits and bonuses

−23.7%over a year · Nifty 500 −9.8%

Results20-session average 50,74,228 shares a day, 28.2% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

Revenue
₹532 Crdown 30.73%
Net profit
₹98 Crdown 29.83%
Net margin
18.4%

Revenue by year

Peak revenue ₹2,662 Cr, year to Mar 2022

Net profit by year, a loss in red

₹ croreSep 2024Filed 7 NovDec 2024Filed 28 JanMar 2025Filed 12 JunJun 2025Filed 6 AugSep 2025Filed 12 NovDec 2025Filed 4 FebMar 2026Filed 13 JulJun 2026Filed 4 Aug
Revenue541576615490549609768532
Net profit841091419110911513998
Net margin15.5%19.0%23.0%18.6%19.9%18.9%18.1%18.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Consultancy-Domestic₹1,242 Crup 6.75%51.4%
  • Turnkey Construction Projects₹602 Crdown 24.38%24.9%
  • Export Sale₹316 Cr13.1%
  • Leasing -Domestic₹172 Crup 14.45%7.1%
  • Consultancy-Abroad₹68 Crdown 12.44%2.8%
  • Power Generation₹15 Cr0.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 44% of 1,038 trading days over the last 5 years.

LowestHighest
Its median23.2Industry median13.1
Price to book

At or below today's level on 54% of 1,965 trading days since Nov 2018.

LowestHighest
Its median3.1Industry median1.4
EV to EBITDA11.1

At or below today's level on 59% of 1,830 trading days since Jun 2019.

LowestHighest
Its median7.4Industry median10.9
Dividend yield

At or below today's level on 54% of 2,044 trading days since Jul 2018.

LowestHighest
Its median4.12%Industry median0.72%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−16.8%+6.6%−26.3%4.5%
3 years+3.5%−8.9%+9.4%3.8%
5 years+12.6%−1.0%+9.0%4.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters72.20%
  • Foreign institutions3.38%
  • Indian institutions9.16%
  • Individuals and others15.26%
Holder
President of IndiaPromoter72.20%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies5.52%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

54 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 49 of the 49 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
15
Cut
34
Held unchanged
5
Sold out
1
Fund
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund92,00,0000.24%₹192.3 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund6,00,0000.01%₹12.5 Cr
Groww Mutual Fund logoGroww Nifty India Railways PSU ETFGroww Mutual Fund2,77,6213.39%₹5.80 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund2,07,1370.13%₹4.33 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund1,62,5420.13%₹3.40 Cr
DSP Mutual Fund logoDSP Nifty Smallcap250 Quality 50 Index FundDSP Mutual Fund1,40,7250.98%₹2.94 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund1,05,2210.13%₹2.20 Cr
Groww Mutual Fund logoGroww Nifty India Railways PSU Index FundGroww Mutual Fund1,01,1043.40%₹2.11 Cr
Mirae Asset Mutual Fund logoMirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFMirae Asset Mutual Fund83,5250.19%₹1.75 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund74,6390.13%₹1.56 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Civil Construction, 170 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to RITES in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
NBCC (India) logoNBCC (India)NBCC18,33324.76.118.0+3.5%+30.6%27.0%20.0%1.38%
Engineers India logoEngineers IndiaENGINERSIN13,63017.44.316.3+16.3%+41.6%27.0%22.5%2.06%
Techno Electric & Engineering Company logoTechno Electric & Engineering CompanyTECHNOE9,59022.22.320.3+38.7%−6.5%10.9%10.6%0.85%
Ircon International logoIrcon InternationalIRCON9,18117.51.413.0−9.9%−21.6%8.1%4.9%1.95%
Welspun Enterprises logoWelspun EnterprisesWELENT8,77528.72.914.5+0.6%−3.1%10.9%12.7%0.47%
KEC International logoKEC InternationalKEC8,72515.81.48.3+5.1%−8.9%9.6%12.4%1.68%
Afcons Infrastructure logoAfcons InfrastructureAFCONS8,01255.81.510.3−11.9%−73.0%2.7%7.1%0.92%
G R Infraprojects logoG R InfraprojectsGRINFRA7,6297.50.86.1+25.1%−7.7%11.4%11.7%0.32%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹11.50 a share, year to Mar 2024.
Ex-dateTypePer share
18 Sep 2026Final₹2.75
10 Aug 2026Interim₹1.40
10 Feb 2026Interim₹1.90
14 Nov 2025Interim₹2.00
17 Sep 2025Final₹2.65
12 Aug 2025Interim₹1.30
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

RITES share price by year

Each calendar year to 2025.RITES share price history

YearClose at year endChangeHighest closeLowest close
2025242.81−16.7%309.20198.47
2024291.65+16.1%401.13250.65
2023251.20+48.1%283.60156.03
2022169.63+28.4%206.10113.98
2021132.13−2.7%154.50117.85
2020135.80−6.3%164.30103.53
2019144.88+32.2%157.3581.06
2018109.60–126.0477.72
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 2 Jul 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026196.30196.30187.51189.40190.006,35,66037.1%
22 Oct 2026195.50198.70193.58196.09196.494,18,12825.1%
21 Oct 2026203.70203.76195.00197.42198.556,29,30135.9%
19 Oct 2026209.00209.00203.00203.89204.914,79,71126.7%
16 Oct 2026211.70212.99208.00209.79210.8417,92,28412.7%
15 Oct 2026200.74219.00200.69214.27213.621,98,24,6044.6%
14 Oct 2026200.30203.20199.00200.76201.393,68,35726.4%
13 Oct 2026198.77200.80197.25199.95198.683,33,76229.7%
12 Oct 2026200.85201.80197.37198.79199.014,73,64024.5%
9 Oct 2026195.00200.96193.10198.66197.555,88,51419.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
20 Sep 2024Bonus0.5000Holders received 1 bonus share for every 1 held.
8 Aug 2019Bonus0.8000Holders received 1 bonus share for every 4 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About RITES

RITES Limited is a multidisciplinary engineering and infrastructure consultancy that serves clients in India and overseas. It is a Navratna enterprise under the Ministry of Railways, Government of India, and was established in 1974. It is a Government company, so its directors, including the independent directors, are appointed by the President of India through the Ministry of Railways.

The company earns from four kinds of work: consultancy, turnkey projects, leasing and exports. Its leasing work includes hiring out locomotives together with operation and maintenance staff. Its export work includes the supply of 10 cape-gauge locomotives to CFM in Mozambique, a contract to supply passenger coaches to Bangladesh Railway, and the supply of a diesel-electric locomotive in Australia. It executes projects across India and in international markets.

REMC Limited is a subsidiary, incorporated in 2013. RITES holds 51% of it and the Ministry of Railways holds 49%. It works in the power sector, including green energy and power trading. RITES (Afrika) (Proprietary) Limited, in Botswana, is a wholly owned overseas subsidiary that does design and project consultancy. SAIL-RITES Bengal Wagon Industry Private Limited is a joint venture in which RITES holds 50%, and the group's entities also support its work in wagon manufacturing. It also holds 24% of Indian Railway Stations Development Corporation Limited, which is under voluntary liquidation, and 13% of Elicius Energy Private Limited.

Legal name
RITES Limited
NSE symbol
RITES
BSE code
541556
ISIN
INE320J01015
Industry
Construction
Listed
Jul 2018
Face value
₹10
CIN
L74899DL1974GOI007227
Corporate identity number, the registrar of companies' code for it