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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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
  • Paid Up Capital ₹ 480.60 Cr
  • Company Age 52 Year, 2 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 2026-2027

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%.

Rites revenue growth over time
Rites profit and loss trends over time
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
  • 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)
shareholding
  • 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
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

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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.

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Latest Updates, News, and FAQs on Rites
Recent Activity within the Organization
  • Director Appointment

    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 8 months 10 days . was recorded as a recent event.

  • 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.

  • 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 11 months 15 days . was documented.

  • 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 11 months 21 days . was documented.

  • 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 1 year 1 month . was documented.

  • Director Appointment

    The activity Likha Togu was appointed as a Director was appointed as a Director on 15 Apr 2025 & has been associated with this company since 1 year 2 months . was completed.

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Recent News, Updates & Announcement

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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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