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Rites Limited - Company Profile

It is a financial services public limited union government company based in Delhi, Delhi, India, established in 1974.

1974 | Delhi, Delhi, India | Active
Last Updated:

About Rites Limited

Rites Limited, a active public limited union government company, was established on 26 April 1974 in Delhi, Delhi, India. Engaging in equipment leasing & financing within the construction sector, it holds CIN: L74899DL1974GOI007227. Registered under ROC Roc Delhi. it is listed on BSE: 541556 and NSE: RITES. It has an authorized capital of ₹600.00 Cr and a paid-up capital of ₹480.60 Cr.

Formerly known as Rail India Technical & Economic Services Limited. It upholds a compliant status. In 2023, it reported revenue of ₹2,638.78 Cr and a net worth of ₹2,503.04 Cr. Employing 1,367 professional, Its leadership includes Krishna Gopal Agarwal (Cfo), Deepak Tripathi (Whole-Time Director), Likha Togu (Additional Director). Past directors included Sumit Sinha, Krishna Gopal Agarwal, Bibhu Prasad Nayak. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at Scope Minar, Laxmi Nagar Delhi, Delhi, Delhi, 110092.

Company Details

  • CIN/LLPIN

    L74899DL1974GOI007227

  • Registration Number

    007227

  • Incorporation Date

    26 April 1974

  • Authorized Capital

    ₹600.00 Cr

  • Paid-Up Capital

    ₹480.60 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Listed (BSE: 541556, NSE: RITES)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 480.60 Cr
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth -0.84%
  • Profit Growth 6.73%
  • Ebitda 0.52%
  • Net Worth 4.33%
  • Total Assets 2.77%
Company report

Rites Limited

Company Report FY 2025-2026

Explore comprehensive insights into Rites Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rites Limited?

Current Directors

NameDesignationAppointment DateStatus
Krishna Gopal AgarwalCfo01 Aug 2023Current
Deepak TripathiWhole-Time Director27 Mar 2023Current
Likha ToguAdditional Director15 Apr 2025Current
Shailendra SinghNominee Director27 Mar 2024Current
Rahul MithalManaging Director07 Oct 2021Current
Rajbir SharmaAdditional Director14 May 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director01 Nov 2014Past
Pramod AbcsddAdditional Director14 Sep 2023Past
Pramod AbcsddAdditional Director28 Aug 2020Past
Pramod AbcsddDirector25 Jun 2014Past
Pramod AbcsddNominee Director01 May 2015Past
Pramod AbcsddCfo(Kmp)01 Jul 2021Past

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Financial Performance of Rites.

Rites Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.84% decrease. The company also saw a slight improvement in profitability, with a 6.73% increase in profit. The company's net worth moved up by a moderate rise of 4.33%.

Rites revenue growth over time
Rites profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.84%
Revenue from Operations
-2.16%
Total Assets
2.77%
Profit or Loss
6.73%
Net Worth
4.33%
EBITDA
0.52%

What is the Ownership and Shareholding Structure of Rites?

In 2023, Rites had a promoter holding of 72.20% and a public holding of 27.80%. The company had 1 Subsidiary, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbi : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 1989Sbi₹0.00Satisfied

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How Many Employees Work at Rites?

Rites has a workforce of 1367 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Rites Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rites, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rites's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rites

Recent Activity within the Organization

  • Director Appointment

    The activity Jayant Kumar was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 1 month 7 days . was completed.

  • Annual General Meeting

    Rites Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Purnima Kerketta was appointed as a Additional Director was appointed as a Additional Director on 13 Jul 2025 & has been associated with this company since 4 months 14 days . was recorded as a recent event.

  • Director Appointment

    The activity Dineshananda Goswami was appointed as a Additional Director was appointed as a Additional Director on 07 Jul 2025 & has been associated with this company since 4 months 20 days . was completed.

  • Director Appointment

    The activity Rajbir Sharma was appointed as a Additional Director was appointed as a Additional Director on 14 May 2025 & has been associated with this company since 6 months 13 days . was completed.

  • Director Appointment

    Progress on Likha Togu was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2025 & has been associated with this company since 7 months 11 days . was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Rites Limited?

    The CIN of Rites Limited is L74899DL1974GOI007227.

  • Where is Rites Limited headquartered?

    Rites Limited is headquartered at Scope Minar, Laxmi Nagar Delhi, Delhi, Delhi, 110092.

  • When was Rites Limited incorporated?

    Rites Limited was incorporated on 26 April 1974.

  • Who are the current directors of Rites Limited?

    The current directors of Rites Limited are

  • What is the primary industry of Rites Limited?

    The primary industry of Rites Limited is Construction.

  • Is Rites Limited a listed company?

    Rites Limited is listed. It is listed on BSE: 541556 and NSE: RITES.

  • What is the capital structure of Rites Limited?

    The authorized capital of Rites Limited is ₹600.00 Cr, and the paid-up capital is ₹480.60 Cr.

  • What is the compliance status of Rites Limited?

    The compliance status of Rites Limited is Compliant.

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