Rites Limited

BSE: 541556 NSE: RITES
Rites Limited - financial services in Delhi, India. FY 2026 financials & compliance.
CIN L74899DL1974GOI007227 Incorporated 26 April 1974 ROC Delhi HQ Delhi, India
Active Listed - NSE: RITES · BSE: 541556 Public Limited Union Government Company financial services Nifty 500
Data last updated
Market Cap
₹9,488 Cr
RITES · NSE
Share Price
₹196.68
-0.37% 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)
23.5x
P/B 3.7x
ROE
17.1%
ROCE 21.4%
Authorised capital
₹600 Cr
Registered with MCA

About Rites Limited

Data last updated:

Rites Limited is a public limited union government company based in Delhi, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 26 April 1974 and has been in existence for over 52 years.

Rites is part of the Nifty 500 and BSE 500 indices.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1974GOI007227. Its GSTIN is 07AAACR0830Q1Z8 (Delhi). The company holds 50 GST registrations, of which 45 are active. Its shares are listed on BSE: 541556 and NSE: RITES.

The company has an authorised share capital of ₹600 Cr and a paid-up capital of ₹480.6 Cr. It was formerly known as Rail India Technical & Economic Services Limited. It is led by directors including Rahul Mithal (Managing Director) and Deepak Tripathi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Scope Minar Laxmi Nagar Delhi, Delhi, India – 110092.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,415.08 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹410.16 Cr (net margin 17%) and EBITDA of ₹583.23 Cr (EBITDA margin 24.1%). The net worth stands at ₹2,681.24 Cr (up 1.6% YoY). Total assets are valued at ₹3,262.7 Cr (up 11.3% YoY).

The company has about 1,367 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 2 joint ventures.

The company is associated with 2 brands: Railway Energy Management Company and RITES. Court records list 800 cases involving the company, including 239 filed by the company and 561 filed against it; 145 cases are pending. The company has 17 deals on record (15 market trades, 1 buyback, 1 ipo); the latest was in July 2026. Its 10 peer companies in the Engineering industry (Engineering Design) are compared by revenue, 5 larger and 5 smaller; the largest is Mercedes-Benz Research and Development India Private Limited with revenue of ₹6,453.24 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 13 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rites.com.

Company Details of Rites Limited
CIN L74899DL1974GOI007227
Registration Number 007227
Incorporation Date 26 April 1974
ROC Delhi
Listing Status Listed (BSE: 541556, NSE: RITES)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN History of Rites Limited

Rites has one previous CIN (Corporate Identification Number): U74899DL1974GOI007227. The current CIN is L74899DL1974GOI007227, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74899DL1974GOI007227Current
U74899DL1974GOI007227Previous
Key People
Rahul Mithal Managing Director Deepak Tripathi Whole-Time Director Krishna Gopal Agarwal Whole-Time Director

Recognitions & Rankings of Rites

Stock market indices
Nifty 500 BSE 500
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    rites.com
  • Social Media
  • Registered Address
    Scope Minar Laxmi Nagar Delhi, Delhi, India – 110092
  • Industry
    Financial Services, Equipment Leasing & Financing
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Financials, compliance, directors, charges, ownership and filings for Rites Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Rites Limited

Rites operates two associated brands: Railway Energy Management Company and RITES. Each brand links to its own profile.

BrandDescriptionWebsite
Railway Energy Management Company
Develops solar energy projects, managing design, installation, and operations.remcl.in
RITES
Access and development services for government programs are provided.rites.com

Business Activity of Rites Limited

The main business activities of Rites are professional, scientific and technical, construction and trade. In detail, this covers other professional, scientific and technical activities, roads, railways, utility projects and wholesale trading. 3 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
FConstructionF2Roads, railways, Utility projectsLocked
GTradeG1Wholesale TradingLocked
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Financials of Rites Limited FY 2025-26 filings available

Rites Limited reported revenue of ₹2,415.08 Cr (up 10% YoY) for FY 2025-26.

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 22 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
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Board of Directors of Rites Limited

Rites has 8 current directors and 58 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rahul Mithal
Also directs: Remc Limited
Managing Director07 Oct 20215 Years 0 MonthsCurrent
Dineshananda GoswamiDirector07 Jul 20251 Years 3 MonthsCurrent
Deepak Tripathi
Also directs: Elicius Energy Private Limited
Whole-Time Director27 Mar 20233 Years 6 MonthsCurrent
Jayant KumarAdditional Director17 Oct 20251 Years 0 MonthsCurrent
Rajbir SharmaDirector14 May 20251 Years 5 MonthsCurrent
Krishna Gopal Agarwal
Also directs: Remc Limited, Indian Railway Stations Development Corporation Limited, GPCL Consulting Services Limited
Whole-Time Director01 Aug 20233 Years 2 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer Comparison of Rites Limited

Rites Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mercedes-Benz Research and Development India Private Limited₹6,453.24 Cr (FY 2025)••••••••5.0%••••Bengaluru, Karnataka, India
Tata Technologies Limited₹5,292.58 Cr (FY 2025)••••••••1.0%••••Pune, Maharashtra, India
Eaton Technologies Private Limited₹4,478.45 Cr (FY 2025)••••••••8.0%••••Pune, Maharashtra, India
Worley Services India Private Limited₹2,757.16 Cr (FY 2025)••••••••10.0%••••Mumbai, Maharashtra, India
Quest Global Engineering Services Private Limited₹2,620.05 Cr (FY 2025)••••••••10.0%••••Belgaum, Karnataka, India
Rites Limited this company₹2,415.08 Cr (FY 2026)••••••••10.0%••••Delhi, India
Seg Automotive India Private Limited₹2,209.4 Cr (FY 2025)••••••••3.0%••••Bangalore, Karnataka, India
Tata Consulting Engineers Limited₹2,092.23 Cr (FY 2025)••••••••49.0%••••Mumbai, Maharashtra, India
Jacobs Solutions India Private Limited₹1,524.26 Cr (FY 2025)••••••••10.0%••••Navi Mumbai, Maharashtra, India
W S Atkins (India) Private Limited₹1,394.92 Cr (FY 2025)••••••••33.0%••••Bangalore, Karnataka, India
Ge Renewable Energy Technologies Private Limited₹1,351.15 Cr (FY 2025)••••••••23.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Rites by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Rites Limited

Rites Limited is audited by PAWAN PURI & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
PAWAN PURI & ASSOCIATESLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
  • Appointment dates
  • Cessation dates
  • Auditor changes

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Shareholding Pattern of Rites Limited

Shareholding for the quarter ended Sep 2026: promoters hold 72.20%, foreign institutional investors hold 3.40%, domestic institutional investors hold 8.80% and retail and other public shareholders hold 15.60%.

Promoters: 72.20%DII (Domestic Institutional): 8.80%FII (Foreign Institutional): 3.40%Retail & Others: 15.60%
Sep 2026
QUARTER
72.20% Promoters
8.80% DII (Domestic Institutional)
3.40% FII (Foreign Institutional)
15.60% Retail & Others
Promoter holding - history
Now 72.20% · Sep 2026High 72.20% · Dec 2025Low 72.20% · Dec 2025
71%71.8%72.5%73.3%74%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 72.20%Mar 2026: 72.20%Jun 2026: 72.20%Sep 2026: 72.20%72.20%72.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters72.20%72.20%72.20%72.20%
Public27.80%27.80%27.80%27.80%

Charges & Borrowings of Rites Limited

Open charges
None
Satisfied charges
None
Breakdown by lending institutions
Sbi₹0.00 Cr
Latest charge details
DateLenderAmountStatus
16 Feb 1989Sbi₹-Satisfied

Total charge records: 1 View all charges

Deals & Funding of Rites Limited

Rites Limited has 17 deals on record (15 market trades, 1 buyback, 1 ipo); the latest was in July 2026.

Total deals
17
Market trades
15
Buyback
1
IPO
1

Deals on record (5 of 17)

WhenDealAmountParties
Jul 2026Market trade₹377.81 CrBuyer: Microcurves Trading Private Limited , Qe Securities LLP , NK Securities Research Private Limited
Seller: Microcurves Trading Private Limited , Qe Securities LLP , NK Securities Research Private Limited
Jul 2026Market trade₹331.68 CrBuyer: Qe Securities LLP , NK Securities Research Private Limited , Microcurves Trading Private Limited
Seller: Qe Securities LLP , NK Securities Research Private Limited , Microcurves Trading Private Limited
Sep 2025Market trade₹103.31 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Dec 2024Market trade₹151.88 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Oct 2024Market trade₹80.73 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
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Full deal history

All 17 deals with amounts, valuations, instruments and every party are in the company report.

  • Every funding round and share transfer
  • Amounts and valuations
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Rites Limited

Rites Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 13)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Blue Ocean Distributors Private Limited••••••••••••
M/S Horizon Computers••••••••••••
Stan India Private Limited••••••••••••
Skylark Designer & Engineers Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.

  • Every reported supplier due
  • Amounts and due dates
  • Reasons given in each return
  • Period-by-period history

Verified entity values are shown only after access is granted.

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Rites Limited

Rites Limited has a workforce of 1,367 employees as of Apr 03, 2024.

Employee count
1,367
Active EPFO establishments
1
Employee growth
-37.18%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

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Group Structure of Rites Limited

Rites has 1 subsidiary company, 2 joint ventures, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
2
Joint ventures
1
Associated companies
Key Subsidiaries
Company NameCINShares Held
Remc LimitedU93000DL2013GOI256661-

Showing major subsidiaries. Total: 1.

Recent Activity on Rites Limited

Rites Limited has 115 board changes on record since 1993: 63 appointments and 52 cessations. The latest: Atul Singh was appointed as Additional Director on 29 May 2026.

Appointed
Atul Singh was appointed as Additional Director.
Appointed
Prem Singh Meena was appointed as Additional Director.
Appointed
Jayant Kumar was appointed as Additional Director.
AGM
Rites Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Sandeep Jain ceased to be Nominee Director.
Appointed
Purnima Kerketta was appointed as Director.
Appointed
Dineshananda Goswami was appointed as Director.
Appointed
Rajbir Sharma was appointed as Director.
Ceased
Arun Kumar Singh ceased to be Whole-Time Director.
Appointed
Likha Togu was appointed as Director.
Filing
Rites Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Godawari Mishra ceased to be Director.

108 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Rites Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
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Subsidiaries & Group Companies of Rites Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

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GST Compliance of Rites Limited

Rites has 50 GST registrations: 45 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
50
Active
45
Cancelled / inactive
5
GSTINStateStatusRegistered on
07AAACR0830Q1Z8DelhiActive01 Jul 2017
07AAACR0830Q1DHDelhiActive12 Oct 2018
03AAACR0830Q1ZGPunjabActive01 Jul 2017
06AAACR0830Q1ZAHaryanaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

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MCA Filings & Documents of Rites Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

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Related news about Rites Limited

RITES: Company Starts Steps to Shut Down Botswana Subsidiary RITES (Afrika) Due to Limited Business Prospects.
25 Sep 2026 · Exchange Update
Rites Ltd: Signs Agreement With NHIDCL To Enhance Highway And Infrastructure Projects While Offering Consultancy And Technical Support Services For Planning, Development, And Maintenance.
23 Sep 2026 · Exchange Update
RITES: Company Secures Contract Valued At ₹155 Crore
22 Sep 2026 · Exchange Update

Frequently Asked Questions about Rites Limited

Rites is an active public limited union government company based in Delhi, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 26 April 1974 (52+ years old) and is registered under CIN L74899DL1974GOI007227. Listed on BSE: 541556 and NSE: RITES.

Rites reported revenue of ₹2,415.08 Cr for FY 2025-26 (up 10% YoY) based on consolidated financials.

Rites has 8 current directors:

The GSTIN of Rites is 07AAACR0830Q1Z8, registered in Delhi. The company has 50 GST registrations in all, of which 45 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACR0830Q1DH (Delhi), 03AAACR0830Q1ZG (Punjab), 06AAACR0830Q1ZA (Haryana).

The CIN (Corporate Identification Number) of Rites is L74899DL1974GOI007227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Rites is listed on both BSE (code: 541556) and NSE (symbol: RITES).

Rites has 800 court cases on record: 239 filed by the company and 561 filed against it. 145 are pending. Most are in the high courts.

Rites was incorporated on 26 April 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.

Rites has 17 deals on record (15 market trades, 1 buyback, 1 ipo); the latest was in July 2026.

The peers of Rites by revenue are Mercedes-Benz Research and Development India Private Limited, Tata Technologies Limited, Eaton Technologies Private Limited, Worley Services India Private Limited, Quest Global Engineering Services Private Limited and 5 more, all in the Engineering industry (Engineering Design).

Atul Singh was appointed as Additional Director on 29 May 2026. Prem Singh Meena was appointed as Additional Director on 19 Mar 2026. Jayant Kumar was appointed as Additional Director on 17 Oct 2025. Rites has 115 board changes on record in total.

Rites has 5 MSME Form 1 returns on record between 2019 and 2020, listing 14 overdue payments to 13 micro and small suppliers. The latest return was filed on 23 May 2020.

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