Rites Limited - Company Profile

Q: Who are the current directors of Rites Limited?

The current directors of Rites Limited are Krishna Gopal Agarwal, Arun Kumar Singh, Deepak Tripathi, Ashok Mishra, Likha Togu, Shailendra Singh, Jayant Kumar, Rahul Mithal, Dineshananda Goswami, Rajbir Sharma, Purnima Kerketta.

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: December 23, 2025

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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), Arun Kumar Singh (Whole-Time Director), Deepak Tripathi (Whole-Time 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 Metrics

Authorised Capital ₹ 600.00 Cr as on 23-12-2025
Paid Up Capital ₹ 480.60 Cr as on 23-12-2025
Company Age 51 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -0.84% (FY 2023)
Profit Growth **** 6.73% (FY 2023)
Ebitda **** 0.52% (FY 2023)
Net Worth 4.33% (FY 2023)
Total Assets **** 2.77% (FY 2023)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Krishna Gopal Agarwal	Cfo	01 Aug 2023	Current
Arun Kumar Singh	Whole-Time Director	26 Sep 2022	Current
Deepak Tripathi	Whole-Time Director	27 Mar 2023	Current
Likha Togu	Director	15 Apr 2025	Current
Shailendra Singh	Nominee Director	27 Mar 2024	Current
Jayant Kumar	Additional Director	17 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	01 Nov 2014	Past
Pramod Abcsdd	Additional Director	14 Sep 2023	Past
Pramod Abcsdd	Additional Director	28 Aug 2020	Past
Pramod Abcsdd	Director	25 Jun 2014	Past
Pramod Abcsdd	Nominee Director	01 May 2015	Past
Pramod Abcsdd	Cfo	01 Jul 2021	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Sbi : 0.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Feb 1989	Sbi	₹0.00	Satisfied

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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Latest Updates, News, and FAQs on Rites

Recent Activity within the Organization

Director Appointment

Progress on 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 5 months 9 days . was documented.
17 Oct 2025
Annual General Meeting

Progress on Rites Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was documented.
23 Sep 2025
Director Appointment

Progress on Purnima Kerketta was appointed as a Director was appointed as a Director on 13 Jul 2025 & has been associated with this company since 8 months 13 days . was documented.
13 Jul 2025
Director Appointment

Progress on Dineshananda Goswami was appointed as a Director was appointed as a Director on 07 Jul 2025 & has been associated with this company since 8 months 19 days . was documented.
07 Jul 2025
Director Appointment

Progress on Rajbir Sharma was appointed as a Director was appointed as a Director on 14 May 2025 & has been associated with this company since 10 months 12 days . was documented.
14 May 2025
Director Appointment

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

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