RITES

Gurugram, India Founded: 1974 • Age: 52 yrs Listed
Access and development services for government programs are provided.
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About RITES

RITES is a publicly listed company based in Gurugram (India) founded in 1974. Access and development services for government programs are provided. The company has 2,710 employees. Its website rites.com draws about 245 thousand monthly visits. Its Indian entity Rites Limited reported revenue of ₹2,539 Cr. RITES offers products and services including Consultancy Services and Turnkey Construction. Its focus areas include Public Administration and Government Entities.

Company details

RITES was founded in 1974 and is headquartered in Gurugram, India. Operations focus on facilitating access to government programs and supporting their development within infrastructure and engineering sectors. Services include consultancy, project management, and technical assistance for public initiatives. The company is led by Rahul Mithal as Chairman and Managing Director, with activities centered in India and extending to international projects where relevant.

  • Headquarters Gurugram, India
  • Employees 2,710
  • Stage Public
  • Sectors
    Government & Social Sector
  • Website category Business and Consumer Services · Business Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website rites.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Rites Ltd.
Operational Areas
Government & Social Sector → Government Entities
Key Metrics
  • Market Cap
    ₹9,424 Cr

    RITES · NSE

  • Share Price
    ₹189.40

    -3.41% today

  • Revenue
    ₹2,415 Cr

    FY 2025-26 · +10.0% YoY

  • EBITDA
    ₹583 Cr

    Margin 24.1%

  • Net Profit
    ₹410 Cr

    FY 2025-26 · +6.6% YoY

  • P/E (TTM)
    22.7x

    P/B 3.5x

  • ROE
    17.1%

    ROCE 21.4%

  • Employee Count
    2,710

Products & Services of RITES

RITES offers a comprehensive portfolio of products and services, including Consultancy Services and Turnkey Construction.

Consultancy Services
Professional Services

Consultancy services are provided for infrastructure projects in sectors like railways and highways.

Turnkey Construction
Construction Services

Turnkey construction services are offered for bridges, tunnels, and airports to support project execution.

Apps and channels of RITES

its YouTube channel RITES Ltd. has 1.95K subscribers and 28 videos.

RITES Ltd.
YouTube 1.95K subscribers 28 videos Science & Technology
Open channel

Videos from RITES

The most watched videos on RITES's YouTube channel, RITES Ltd. (1.95K subscribers). Click a video to play it here.

RITES The Infrastructure People - Corporate film
16.3K views
RITES The Infrastructure People - Corporate film
15.6K views
The Journey towards a Future Ready world | RITES @ 48 years
13.7K views
RITES - Made in India, Made for the World
5.4K views

More on RITES Ltd..

Board of directors of Rites Limited (RITES)

Rites Limited is the primary company behind RITES. The board of Rites Limited currently have 8 directors; the longest-serving is Rahul Mithal, appointed in 2021. 63 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rahul Mithal
DIN 07610499
Managing Director07 Oct 20215 yrsRites Limited
Deepak Tripathi
DIN 10090267
Whole-time director27 Mar 20233 yrs 6 moRites Limited
Krishna Gopal Agarwal
DIN 10239667
Whole-time director01 Aug 20233 yrs 2 moRites Limited
Rajbir Sharma
DIN 11105411
Director14 May 20251 yr 5 moRites Limited
Dineshananda Goswami
DIN 09394294
Director07 Jul 20251 yr 3 moRites Limited
Jayant Kumar
DIN 07179274
Additional Director17 Oct 20251 yrRites Limited
Prem Singh Meena
DIN 10855590
Additional Director19 Mar 20267 moRites Limited
Atul Singh
DIN 11747888
Additional Director29 May 20264 moRites Limited

People of RITES

1 people are tracked at RITES (1 in leadership); the tracked headcount is 2,710.

NameRoleGroup
Rahul Mithal
Chairman & Managing DirectorLeadership
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Complete people profiles for RITES

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of RITES

RITES is a publicly listed company on the NSE with ticker symbol RITES in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date02 Jul 2018
  • Listed onNSE: RITES
  • Listed entityRITES Ltd.
  • Exchange sectorCommercial services
  • ISININE320J01015
  • Share price₹201.51 (+0.78% on the day) · 2026-10-14
  • Market capitalisation₹9,605 Cr
  • Price to earnings23.2
  • EPS (diluted, trailing year)₹8.68
  • Dividend yield4.04%
  • Volume (last session)245,914

Financials of RITES

Exchange-reported figures of Rites Limited, the listed company behind RITES (NSE: RITES).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,415 Cr
+10.0% YoY
EBITDA
₹583 Cr
+7.4% YoY
Profit After Tax
₹410 Cr
+6.6% YoY
Net Worth
₹2,681 Cr
+1.6% YoY
Total Assets
₹3,263 Cr
+11.3% YoY
Total Debt
₹6.59 Cr
-27.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,4152,1962,4532,6282,6621,9052,474
Revenue growth+10.0%-10.5%-6.7%-1.3%+39.7%-23.0%-
EBITDA583543661759729552663
EBITDA margin+24.2%+24.7%+26.9%+28.9%+27.4%+29.0%+26.8%
Profit before tax608565670774735593874
Net profit410385455541515429615
Net profit margin+17.0%+17.5%+18.6%+20.6%+19.3%+22.5%+24.9%
EPS (₹)8.548.0118.9522.5621.4917.9924.64
Balance sheet
Total assets3,2632,9332,9263,0192,8192,7483,020
Net worth2,6812,6402,6092,6042,4892,3922,633
Total debt6.599.038.005.4227.5936.5547.47
Cash & bank2,9463,3753,1413,4493,2993,3573,631
Net working capital1,7961,6801,7761,8541,5821,6142,011
Cash flow
Cash from operations327637432560310516319
Cash from investing(35.07)(205)(315)16361.8219448.57
Cash from financing(424)(405)(504)(483)(376)(708)(420)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue532768609549490602576541
Revenue growth (YoY)+8.7%+27.6%+5.7%+1.5%+0.8%---
Other income33.3034.9929.5334.5924.3527.2243.6922.37
EBITDA115168142130114186117106
EBITDA margin+21.5%+21.9%+23.4%+23.6%+23.3%+30.8%+20.4%+19.6%
Depreciation16.5716.5016.9517.0615.4916.7915.9814.94
Interest0.830.900.720.761.421.291.042.42
Profit before tax131186154146122195144111
Tax32.7846.4038.9537.2830.7053.4234.6228.78
Net profit97.7813911510990.8914110982.50
EPS (₹)1.812.702.122.041.672.762.081.52
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,2762,0742,3122,5202,5751,8432,401
Revenue growth+9.7%-10.3%-8.2%-2.2%+39.7%-23.2%-
EBITDA434410526655652506602
EBITDA margin+19.1%+19.8%+22.8%+26.0%+25.3%+27.4%+25.1%
Profit before tax523499597709675562823
Net profit401380454530496421595
Net profit margin+17.6%+18.3%+19.6%+21.0%+19.2%+22.9%+24.8%
EPS (₹)8.347.9118.9022.0820.6917.6623.86
Balance sheet
Total assets3,0332,7172,7122,8032,5992,5572,859
Net worth2,5642,5332,5072,5032,3992,3222,577
Total debt6.599.038.005.422.944.177.21
Cash & bank2,8543,2963,0613,3973,2663,3193,601
Net working capital1,6821,5811,6741,7451,4891,5621,973
Cash flow
Cash from operations236558315471291468267
Cash from investing32.25(183)(221)18378.8121089.29
Cash from financing(383)(363)(461)(438)(362)(692)(399)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue498737569514456574545510
Revenue growth (YoY)+9.3%+28.5%+4.5%+0.7%+0.4%---
Other income26.7648.7333.9247.3120.1836.0447.2443.21
Total expenses413594462414372412454430
EBITDA85.4614310710084.1916290.1779.92
EBITDA margin+17.2%+19.4%+18.7%+19.5%+18.5%+28.2%+16.6%+15.7%
Depreciation14.2614.2414.6214.7413.2014.5313.6612.63
Interest0.830.900.720.761.421.290.882.42
Profit before tax97.1317612513289.75182123108
Tax25.3340.0629.7729.6323.1047.4227.8822.12

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue532768609549490602576541
Revenue growth (YoY)+8.7%+27.6%+5.7%+1.5%+0.8%---
Other income33.3034.9929.5334.5924.3527.2243.6922.37
EBITDA115168142130114186117106
EBITDA margin+21.5%+21.9%+23.4%+23.6%+23.3%+30.8%+20.4%+19.6%
Depreciation16.5716.5016.9517.0615.4916.7915.9814.94
Interest0.830.900.720.761.421.291.042.42
Profit before tax131186154146122195144111
Tax32.7846.4038.9537.2830.7053.4234.6228.78
Net profit97.7813911510990.8914110982.50
EPS (₹)1.812.702.122.041.672.762.081.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,4152,1962,4532,6282,6621,9052,474
Revenue growth+10.0%-10.5%-6.7%-1.3%+39.7%-23.0%-
Other income12311891.5910384.17101268
Total expenses1,8321,6531,7921,8691,9331,3531,811
Employee cost522503492508517483521
EBITDA583543661759729552663
EBITDA margin+24.2%+24.7%+26.9%+28.9%+27.4%+29.0%+26.8%
Depreciation66.0062.1260.6666.6965.6151.8747.27
Interest32.9233.8221.4321.2312.748.859.58
Profit before tax608565670774735593874
Tax153141175203197148241
Net profit410385455541515429615
Net profit margin+17.0%+17.5%+18.6%+20.6%+19.3%+22.5%+24.9%
EPS (₹)8.548.0118.9522.5621.4917.9924.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital481481240240240240250
Reserves & surplus2,2012,1602,3692,3632,2482,1522,383
Shareholders' funds (net worth)2,6812,6402,6092,6042,4892,3922,633
Minority interest11310911211510688.1681.48
Secured loans0.000.000.000.0024.6532.3140.26
Unsecured loans6.599.038.005.422.944.247.21
Total debt6.599.038.005.4227.5936.5547.47
Total liabilities3,2632,9332,9263,0192,8192,7483,020
Assets
Gross block1,3981,354952919862824783
Net block867884535552560584590
Capital work in progress88.9647.8917410158.1115.494.45
Investments104117109130205289261
Inventories38.5379.697.7049.1413929010.67
Sundry debtors931740900907740584844
Cash & bank balances2,9463,3753,1413,4493,2993,3573,631
Loans & advances547674465421428471409
Total current assets4,4634,8684,5144,8254,6064,7024,894
Total current liabilities2,6673,1882,7382,9713,0233,0892,883
Net working capital1,7961,6801,7761,8541,5821,6142,011
Total assets3,2632,9332,9263,0192,8192,7483,020
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6886611,048809813117169
Net cash from operating activities327637432560310516319
Net cash from investing activities(35.07)(205)(315)16361.8219448.57
Net cash from financing activities(424)(405)(504)(483)(376)(708)(420)
Net change in cash(131)27.24(387)239(4.72)1.84(52.06)
Closing cash2,9463,3753,1413,4493,2993,3573,631
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.0%-10.5%-6.7%-1.3%+39.7%-23.0%-
EBITDA growth+7.4%-17.8%-12.9%+4.1%+32.0%-16.7%-
PBT growth+7.6%-15.7%-13.4%+5.3%+24.1%-32.2%+19.8%
Net income growth+6.6%-15.5%-15.9%+5.2%+20.0%-30.2%-
Revenue CAGR (3Y)-2.8%-6.2%+8.8%+2.0%+9.1%+8.4%+22.3%
EBITDA CAGR (3Y)-8.4%-9.4%+6.2%+4.6%+8.0%+9.0%+24.2%
Profitability & leverage
Net income margin+18.8%+19.3%+20.2%+21.7%+20.2%+23.3%+25.6%
Return on capital employed+21.5%+21.2%+24.2%+28.3%+27.8%+21.5%+31.6%
Return on net worth+17.1%+16.1%+19.0%+22.4%+22.1%+17.7%+25.1%
Debt / equity0.000.000.000.010.010.020.02
Long-term debt / equity0.000.000.000.000.010.010.02
Interest cover6.367.033.573.071.921.771.55
Efficiency & per share
Fixed asset turnover1.761.902.622.953.162.373.51
Inventory turnover40.8650.2786.3127.9812.4312.6942.81
Debtors turnover2.892.682.723.194.022.673.41
EPS (₹)8.548.0118.9522.5621.4917.9924.64
Dividend per share (₹)7.957.5518.0020.5017.0013.0016.00
Book value per share (₹)55.7954.93108.57108.36103.5699.54105.33
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue498737569514456574545510
Revenue growth (YoY)+9.3%+28.5%+4.5%+0.7%+0.4%---
Other income26.7648.7333.9247.3120.1836.0447.2443.21
Total expenses413594462414372412454430
EBITDA85.4614310710084.1916290.1779.92
EBITDA margin+17.2%+19.4%+18.7%+19.5%+18.5%+28.2%+16.6%+15.7%
Depreciation14.2614.2414.6214.7413.2014.5313.6612.63
Interest0.830.900.720.761.421.290.882.42
Profit before tax97.1317612513289.75182123108
Tax25.3340.0629.7729.6323.1047.4227.8822.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,2762,0742,3122,5202,5751,8432,401
Revenue growth+9.7%-10.3%-8.2%-2.2%+39.7%-23.2%-
Other income15014812711986.00104264
Total expenses1,8421,6641,7861,8641,9231,3381,798
Employee cost521502491508516481517
EBITDA434410526655652506602
EBITDA margin+19.1%+19.8%+22.8%+26.0%+25.3%+27.4%+25.1%
Depreciation56.8052.9451.4359.3858.4744.8140.93
Interest3.805.644.706.624.962.843.04
Profit before tax523499597709675562823
Tax123119143178177138226
Net profit401380454530496421595
Net profit margin+17.6%+18.3%+19.6%+21.0%+19.2%+22.9%+24.8%
EPS (₹)8.347.9118.9022.0820.6917.6623.86
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital481481240240240240250
Reserves & surplus2,0842,0532,2672,2632,1592,0822,327
Shareholders' funds (net worth)2,5642,5332,5072,5032,3992,3222,577
Secured loans0.000.000.000.000.000.000.00
Unsecured loans6.599.038.005.422.944.177.21
Total debt6.599.038.005.422.944.177.21
Total liabilities3,0332,7172,7122,8032,5992,5572,859
Assets
Gross block1,1781,135733709653618577
Net block724733374392393413412
Capital work in progress88.9647.8917494.8058.0115.484.45
Investments108128128153229314292
Inventories38.5379.697.7049.1413929010.67
Sundry debtors923730881869681568822
Cash & bank balances2,8543,2963,0613,3973,2663,3193,601
Loans & advances526659453398420462428
Total current assets4,3414,7634,4024,7134,5074,6394,861
Total current liabilities2,6593,1822,7282,9683,0183,0772,888
Net working capital1,6821,5811,6741,7451,4891,5621,973
Total assets3,0332,7172,7122,8032,5992,5572,859
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6646511,018802794113156
Net cash from operating activities236558315471291468267
Net cash from investing activities32.25(183)(221)18378.8121089.29
Net cash from financing activities(383)(363)(461)(438)(362)(692)(399)
Net change in cash(115)12.70(367)2168.31(13.89)(43.06)
Closing cash2,8543,2963,0613,3973,2663,3193,601
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.7%-10.3%-8.2%-2.2%+39.7%-23.2%-
EBITDA growth+5.8%-22.1%-19.7%+0.5%+29.0%-16.0%-
PBT growth+4.8%-16.4%-15.8%+5.0%+20.0%-31.6%+21.6%
Net income growth+5.4%-16.3%-14.3%+6.9%+17.6%-29.2%-
Revenue CAGR (3Y)-3.3%-7.0%+7.9%+1.6%+9.4%+8.7%+22.7%
EBITDA CAGR (3Y)-12.9%-14.3%+1.3%+2.9%+8.0%+11.3%+24.1%
Profitability & leverage
Net income margin+17.6%+18.3%+19.6%+21.1%+19.3%+23.0%+24.8%
Return on capital employed+18.3%+18.6%+21.8%+26.5%+26.4%+20.9%+30.4%
Return on net worth+15.7%+15.1%+18.1%+21.6%+21.1%+17.3%+24.1%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover1.011.580.991.110.840.620.54
Efficiency & per share
Fixed asset turnover1.972.223.213.704.053.094.61
Inventory turnover38.5047.4781.3526.8212.0212.2841.53
Debtors turnover2.752.582.643.254.122.653.41
EPS (₹)8.347.9118.9022.0820.6917.6623.86
Dividend per share (₹)7.957.5518.0020.5017.0013.0016.00
Book value per share (₹)53.3652.71104.32104.1699.8496.63103.06

Web traffic of RITES

The website of RITES (rites.com) receives about 244.8K visits a month and ranks #120,067 among all websites worldwide, #3,126 in Business Services.

  • Monthly visits
    244.8K

    ▼ 26.1% vs previous month

  • Unique visitors
    141.9K

    per month

  • Global rank
    #120,067

    among all websites

  • Category rank
    #3,126

    Business and Consumer Services · Business Services

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Top companies in Government Entities

2 companies that operate in the same segment as RITES (Government Entities) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
NTPC
Electricity generation and allied activities are conducted by NTPC.
1975Delhi, Delhi, IndiaUSD 21.4 B9,611
Government of Tamil Nadu
Government services and information are provided via the portal.
1950Chennai, Tamil Nadu, IndiaUSD 5.92 M48
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Related news about Rites

Uruguay taps India's Rites to rebuild rail network, connect industries with ports | Mint
mint • 24 days ago
RITES: Company Starts Steps to Shut Down Botswana Subsidiary RITES (Afrika) Due to Limited Business Prospects.
Exchange Update • 29 days ago
Rites Ltd: Signs Agreement With NHIDCL To Enhance Highway And Infrastructure Projects While Offering Consultancy And Technical Support Services For Planning, Development, And Maintenance.
Exchange Update • 1 month ago
RITES: Company Secures Contract Valued At ₹155 Crore
Exchange Update • 1 month ago
Railway stocks: Over 2 years of correction; time to relook without bias? 7 stocks with downside to upside potential of -28% to 32% - The Economic Times
Economic Times • 1 month ago
Rites Re-Appoints Rahul Mithal As Chairman & Managing Director And CEO Beyond October 6, 2026
Reuters • 2 months ago
Kalpataru Projects, GR Infraprojects, RITES: Axis Securities recommends these three infra stocks after Q1FY27 results
Mint • 2 months ago
Rites Says India Government Approves Extension Of Tenure Of Rahul Mithal As Chairman & MD
Reuters • 2 months ago
Railway coach supply to Bangladesh resumes a decade later - The Economic Times
Economic Times • 2 months ago
RITES signs MoU with HPCL; share price trade lower
Moneycontrol • 2 months ago
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Frequently Asked Questions about RITES

RITES was founded in 1974.

RITES is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

RITES has 2,710 employees.

The primary company behind RITES, Rites Limited, reported revenue of ₹2,539 Cr for FY 2026, up 10% year on year.

RITES was founded in 1974 and is headquartered in Gurugram, India. Operations focus on facilitating access to government programs and supporting their development within infrastructure and engineering sectors. Services include consultancy, project management, and technical assistance for public initiatives. The company is led by Rahul Mithal as Chairman and Managing Director, with activities centered in India and extending to international projects where relevant.

RITES offers Consultancy Services and Turnkey Construction.

Yes, RITES is publicly traded on NSE under the ticker symbol RITES.

RITES operates through Rites Limited.

The legal entities of RITES currently have 9 directors, including Rahul Mithal, Dineshananda Goswami, Deepak Tripathi and others.

The website of RITES receives about 245 thousand visits a month and ranks #120,067 among all websites worldwide.

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