Rites Limited

BSE: 541556 NSE: RITES
Rites Limited - financial services in Delhi, Delhi, India. FY 2026 financials and compliance.
CIN L74899DL1974GOI007227 Incorporated 26 April 1974 ROC Delhi HQ Delhi, Delhi, India
Active Listed - NSE: RITES · BSE: 541556 Public Limited Union Government Company financial services
Data last updated
Revenue · FY 2026
₹2,415.08 Cr
▲ 8.89% YoY
Computed EBITDA · FY 2026
₹663.6 Cr
▲ 6.91% YoY
Net profit · FY 2026
₹454.44 Cr
▲ 7.27% YoY
Authorised capital
₹600 Cr
Registered with MCA
Paid-up capital
₹480.6 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
52 yrs
Est. 1974
Employees · EPFO
1,367
Latest available

About Rites Limited

Data last updated: 14 July 2026

Rites Limited is a public limited union government company based in Delhi, Delhi, India. It specialises in equipment leasing and financing, a part of the broader financial services sector. Incorporated on 26 April 1974, the company has been in operation for over 52 years.

Registered with ROC Delhi under CIN U74899DL1974GOI007227. Listed on BSE: 541556 and NSE: RITES.

Capital: an authorised share capital of ₹600 Cr and a paid-up capital of ₹480.6 Cr. Formerly known as Rail India Technical & Economic Services Limited. It is led by directors including Rahul Mithal and Dineshananda Goswami.

Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: Scope Minar Laxmi Nagar Delhi, Delhi, India – 110092.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹2,415.08 Cr, a growth of 8.89% compared to the previous year. The net worth stands at ₹2,794.03 Cr (up 1.63% YoY). Total assets are valued at ₹5,925.94 Cr (down 3.16% YoY).

The company has a workforce of approximately 1,367 employees as per the latest available data.

The company is associated with 2 brands - Railway Energy Management Company, Rites.

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
Key People
Rahul Mithal Managing Director Deepak Tripathi Whole-Time Director Krishna Gopal Agarwal Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    Scope Minar Laxmi Nagar Delhi, Delhi, India – 110092
  • Industry
    Financial Services, Equipment Leasing & Financing
Company report
Rites Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
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  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Rites Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Rites Limited

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

CIN Status
L74899DL1974GOI007227 Current
U74899DL1974GOI007227 Previous

Associated Brands with Rites Limited

Rites Limited operates two associated brands: Railway Energy Management Company and RITES. These brands represent Rites Limited's diversified market presence and brand portfolio.

Brand Description Website
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

Competitors & Alternatives of Rites Limited

Brands and companies operating in the same space as Rites Limited include Rays Power Infra, Fourth Partner Energy, Oriano Solar and 7 more.

Competitor Description Location Founded
Rays Power Infra Rays Power Infra Turnkey solar engineering, procurement, and construction solutions are provided. Jaipur, India, India 2011
Fourth Partner Energy Fourth Partner Energy On-grid and off-grid solar solutions and products are provided. Hyderabad, India, India 2010
Oriano Solar Oriano Solar Solar energy projects are developed by Oriano Solar in India. Mumbai, India, India 2015
GREW GREW Provider of a range of solar products and services Ahmedabad, India, India 2022
Mahindra Susten Mahindra Susten Turnkey EPC services for solar power plants are provided. Mumbai, India, India 2010
SB Energy SB Energy Solar energy projects are developed and managed globally. Delhi, India, India 2015
Amplus Solar Amplus Solar Solar installation services and renewable energy solutions are provided. Gurugram, India, India 2008
Sterling And Wilson Sterling And Wilson EPC and MEP services are provided across diverse sectors. Mumbai, India, India 1927
Ampin Energy Transition Ampin Energy Transition Developer of utility scale solar and wind power projects Delhi, India, India 2016
Ayana Ayana Utility-scale solar, wind, hybrid, and clean energy projects are developed. Bengaluru, India, India 2017

Business Activity of Rites Limited

Rites Limited is engaged in multiple principal business activities such as professional, scientific and technical, construction, and trade, with detailed activities including other professional, scientific and technical activities, roads, railways, utility projects, wholesale trading. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities Locked
F Construction F2 Roads, railways, Utility projects Locked
G Trade G1 Wholesale Trading Locked
N Support service to Organizations N1 Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities Locked
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Business activity turnover details for Rites Limited

Turnover contribution percentages and historical activity changes require an active report plan.

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

Verified entity values are shown only after access is granted.

Auditor Details of Rites Limited

Rites Limited is audited by SR Goyal & Co (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
SR Goyal & Co (ICAI peer reviewed, certificate valid till 2027-09-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Rites Limited

Rites Limited is currently managed by 8 directors, with 58 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Rahul Mithal
Also directs: Remc Limited
Managing Director 07 Oct 2021 4 Years 11 Months Current
Dineshananda Goswami Director 07 Jul 2025 1 Years 2 Months Current
Deepak Tripathi
Also directs: Elicius Energy Private Limited
Whole-Time Director 27 Mar 2023 3 Years 5 Months Current
Jayant Kumar Additional Director 17 Oct 2025 0 Years 10 Months Current
Rajbir Sharma Director 14 May 2025 1 Years 3 Months Current
Krishna Gopal Agarwal
Also directs: Remc Limited, Indian Railway Stations Development Corporation Limited, Gpcl Consulting Services Limited
Whole-Time Director 01 Aug 2023 3 Years 1 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Rites Limited FY 2026 filings available

Rites Limited reported revenue of ₹2,415.08 Cr (up 8.89% YoY) for FY 2026.

Revenue · FY 2026
₹2,415.08 Cr ▲ 8.89%
Profit · FY 2026
₹454.44 Cr ▲ 7.27%
Computed EBITDA · FY 2026
₹663.6 Cr ▲ 6.91%
Revenue₹ Cr · Consolidated01,0002,0003,000FY 2020: ₹2,474 Cr2,474FY 2020FY 2021: ₹1,860 Cr · -24.8% YoY1,860-24.8%FY 2021FY 2022: ₹2,662 Cr · +43.1% YoY2,662+43.1%FY 2022FY 2023: ₹2,628 Cr · -1.3% YoY2,628-1.3%FY 2023FY 2024: ₹2,453 Cr · -6.7% YoY2,453-6.7%FY 2024FY 2025: ₹2,218 Cr · -9.6% YoY2,218-9.6%FY 2025FY 2026: ₹2,415 Cr · +8.9% YoY2,415+8.9%FY 2026
Net Profit₹ Cr · Consolidated0250500750FY 2020: ₹633 Cr633FY 2020FY 2021: ₹444 Cr · -29.9% YoY444-29.9%FY 2021FY 2022: ₹539 Cr · +21.2% YoY539+21.2%FY 2022FY 2023: ₹571 Cr · +6% YoY571+6%FY 2023FY 2024: ₹495 Cr · -13.3% YoY495-13.3%FY 2024FY 2025: ₹424 Cr · -14.4% YoY424-14.4%FY 2025FY 2026: ₹454 Cr · +7.3% YoY454+7.3%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,000Q1'25: ₹486 Cr · -10.8% YoY486-10.8%Q1'25Q2'25: ₹541 Cr · -7.1% YoY541-7.1%Q2'25Q3'25: ₹576 Cr · -15.7% YoY576-15.7%Q3'25Q4'25: ₹615 Cr · -4.3% YoY615-4.3%Q4'25Q1'26: ₹490 Cr · +0.8% YoY490+0.8%Q1'26Q2'26: ₹549 Cr · +1.5% YoY549+1.5%Q2'26Q3'26: ₹609 Cr · +5.7% YoY609+5.7%Q3'26Q4'26: ₹768 Cr · +24.8% YoY768+24.8%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,415.08 Cr ₹2,217.81 Cr ₹2,452.85 Cr ₹2,628.27 Cr ₹2,661.83 Cr ₹1,859.54 Cr ₹2,474.41 Cr
Other Income ₹109.49 Cr ₹105.71 Cr ₹86.12 Cr ₹101.75 Cr ₹83.45 Cr ₹145.48 Cr ₹260.1 Cr
Total Income ₹2,524.57 Cr ₹2,323.52 Cr ₹2,538.97 Cr ₹2,730.02 Cr ₹2,745.28 Cr ₹2,005.02 Cr ₹2,734.51 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹43.17 Cr -₹70.65 Cr ₹24.78 Cr ₹88.67 Cr ₹150.83 Cr -₹279.03 Cr ₹94.77 Cr
Employee Benefit Expense ₹521.69 Cr ₹503.37 Cr ₹492.43 Cr ₹508.5 Cr ₹517.25 Cr ₹483.08 Cr ₹520.97 Cr
Finance Costs ₹3.8 Cr ₹5.8 Cr ₹4.71 Cr ₹7.04 Cr ₹7.25 Cr ₹6.01 Cr ₹6.92 Cr
Depreciation & Amortisation ₹66 Cr ₹62.12 Cr ₹60.66 Cr ₹145.69 Cr ₹65.61 Cr ₹51.87 Cr ₹47.27 Cr
Other Expenses ₹1,296.11 Cr ₹1,270.09 Cr ₹1,286.03 Cr ₹1,206.2 Cr ₹1,269.96 Cr ₹1,151.61 Cr ₹1,197.89 Cr
Total Expenses ₹1,930.77 Cr ₹1,770.73 Cr ₹1,868.61 Cr ₹1,956.1 Cr ₹2,010.9 Cr ₹1,413.54 Cr ₹1,867.82 Cr
Profit Before Exceptional Items & Tax ₹593.8 Cr ₹552.79 Cr ₹670.36 Cr ₹773.92 Cr ₹734.38 Cr ₹591.48 Cr ₹866.69 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹72 Lakh ₹0 ₹0
Profit Before Tax ₹593.8 Cr ₹552.79 Cr ₹670.36 Cr ₹773.92 Cr ₹735.1 Cr ₹591.48 Cr ₹866.69 Cr
Total Tax Expense ₹153.33 Cr ₹141.36 Cr ₹175.16 Cr ₹202.95 Cr ₹196.52 Cr ₹148.34 Cr ₹241.09 Cr
Net Profit ₹454.44 Cr ₹423.66 Cr ₹495.2 Cr ₹570.97 Cr ₹538.58 Cr ₹444.21 Cr ₹633.26 Cr
  attributable to Owners ₹410.27 Cr ₹384.8 Cr ₹455.4 Cr ₹542.04 Cr ₹516.37 Cr ₹11.83 Cr -
  attributable to NCI ₹44.17 Cr ₹38.86 Cr ₹39.8 Cr ₹28.93 Cr ₹22.21 Cr ₹432.38 Cr -
Other Comprehensive Income ₹8.08 Cr ₹1.99 Cr ₹6.12 Cr ₹5.65 Cr ₹83 Lakh ₹5.2 Cr -₹7.1 Cr
Total Comprehensive Income ₹462.52 Cr ₹425.65 Cr ₹501.32 Cr ₹576.62 Cr ₹539.41 Cr ₹449.41 Cr ₹626.16 Cr
EBITDA (computed) ₹663.6 Cr ₹620.71 Cr ₹735.73 Cr ₹926.65 Cr ₹807.24 Cr ₹649.36 Cr ₹920.88 Cr
Basic EPS ₹8.54 ₹8.01 ₹18.95 ₹22.56 ₹21.49 ₹17.54 ₹24.64
Diluted EPS ₹8.54 ₹8.01 ₹18.95 ₹22.56 ₹21.49 ₹17.54 ₹24.64
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹5,925.94 Cr ₹6,119.2 Cr ₹5,661.44 Cr ₹5,972.33 Cr
Non-current Assets ₹1,466.73 Cr ₹1,232.39 Cr ₹1,150.5 Cr ₹1,140.31 Cr
Current Assets ₹4,458.82 Cr ₹4,886.81 Cr ₹4,510.94 Cr ₹4,832.02 Cr
Property, Plant & Equipment ₹576.02 Cr ₹568.91 Cr ₹507.07 Cr ₹526.79 Cr
Inventories ₹34.6 Cr ₹78.08 Cr ₹4.93 Cr ₹30.91 Cr
Trade Receivables ₹931.22 Cr ₹739.97 Cr ₹899.85 Cr ₹906.98 Cr
Cash & Equivalents ₹557.01 Cr ₹688.1 Cr ₹660.86 Cr ₹1,048.17 Cr
Equity (Net Worth) ₹2,794.03 Cr ₹2,749.26 Cr ₹2,720.93 Cr ₹2,719.12 Cr
Equity Share Capital ₹480.6 Cr ₹480.6 Cr ₹240.3 Cr ₹240.3 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹2,664.93 Cr ₹3,189.08 Cr ₹2,736.97 Cr ₹2,953.86 Cr
Total Liabilities ₹3,131.91 Cr ₹3,369.94 Cr ₹2,940.51 Cr ₹3,253.21 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹165.97 Cr ₹651.28 Cr ₹105.69 Cr ₹734.97 Cr ₹309.63 Cr
Investing Cash Flow ₹126.22 Cr -₹219.47 Cr ₹11.07 Cr -₹15 Cr ₹52.96 Cr
Financing Cash Flow -₹423.5 Cr -₹404.52 Cr -₹504.08 Cr -₹483.17 Cr -₹440.24 Cr
Capital Expenditure ₹62.01 Cr ₹132.61 Cr ₹137.21 Cr ₹135.66 Cr ₹141.84 Cr
Free Cash Flow (computed) ₹103.96 Cr ₹518.67 Cr -₹31.52 Cr ₹599.31 Cr ₹167.79 Cr
Dividends Paid ₹417.76 Cr ₹397.32 Cr ₹499.79 Cr ₹452.1 Cr ₹420.53 Cr
Net Change in Cash -₹131.07 Cr ₹27.24 Cr -₹387.31 Cr ₹239.45 Cr -₹68.79 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹768.26 Cr ₹608.59 Cr ₹548.74 Cr ₹489.74 Cr ₹615.43 Cr ₹575.76 Cr ₹540.86 Cr ₹485.76 Cr ₹643.25 Cr ₹682.89 Cr ₹582.36 Cr ₹544.35 Cr
Other Income ₹30.95 Cr ₹26.26 Cr ₹30.3 Cr ₹21.98 Cr ₹23.52 Cr ₹38.43 Cr ₹21.27 Cr ₹22.49 Cr ₹24.43 Cr ₹16.96 Cr ₹26.45 Cr ₹18.28 Cr
Total Income ₹799.21 Cr ₹634.85 Cr ₹579.04 Cr ₹511.72 Cr ₹638.95 Cr ₹614.19 Cr ₹562.13 Cr ₹508.25 Cr ₹667.68 Cr ₹699.85 Cr ₹608.81 Cr ₹562.63 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹77.94 Cr -₹28.27 Cr ₹16.47 Cr -₹22.97 Cr -₹52.37 Cr -₹16.9 Cr -₹75 Lakh -₹63 Lakh ₹26 Lakh ₹24.16 Cr -₹20.43 Cr ₹20.79 Cr
Employee Benefit Expense ₹137.03 Cr ₹131.16 Cr ₹127.14 Cr ₹126.36 Cr ₹126.85 Cr ₹125.12 Cr ₹121.02 Cr ₹130.38 Cr ₹124.26 Cr ₹125.31 Cr ₹119.08 Cr ₹123.78 Cr
Finance Costs ₹90 Lakh ₹72 Lakh ₹76 Lakh ₹1.42 Cr ₹1.29 Cr ₹1.04 Cr ₹2.42 Cr ₹1.05 Cr ₹48 Lakh ₹1.88 Cr ₹1.43 Cr ₹92 Lakh
Depreciation & Amortisation ₹16.5 Cr ₹16.95 Cr ₹17.06 Cr ₹15.49 Cr ₹16.79 Cr ₹15.98 Cr ₹14.94 Cr ₹14.41 Cr ₹15.57 Cr ₹14.96 Cr ₹14.06 Cr ₹16.07 Cr
Other Expenses ₹385.13 Cr ₹363.51 Cr ₹275.52 Cr ₹272.2 Cr ₹355.34 Cr ₹350.2 Cr ₹314.32 Cr ₹250.23 Cr ₹340.42 Cr ₹364.51 Cr ₹345.87 Cr ₹238.52 Cr
Total Expenses ₹617.5 Cr ₹484.07 Cr ₹436.95 Cr ₹392.5 Cr ₹447.9 Cr ₹475.44 Cr ₹451.95 Cr ₹395.44 Cr ₹480.99 Cr ₹530.82 Cr ₹460.01 Cr ₹400.08 Cr
Profit Before Exceptional Items & Tax ₹181.71 Cr ₹150.78 Cr ₹142.09 Cr ₹119.22 Cr ₹191.05 Cr ₹138.75 Cr ₹110.18 Cr ₹112.81 Cr ₹186.69 Cr ₹169.03 Cr ₹148.8 Cr ₹162.55 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹1.1 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹181.71 Cr ₹150.78 Cr ₹142.09 Cr ₹119.22 Cr ₹191.05 Cr ₹138.75 Cr ₹111.28 Cr ₹112.81 Cr ₹186.69 Cr ₹169.03 Cr ₹148.8 Cr ₹162.55 Cr
Total Tax Expense ₹46.4 Cr ₹38.95 Cr ₹37.28 Cr ₹30.7 Cr ₹53.42 Cr ₹34.62 Cr ₹28.78 Cr ₹24.54 Cr ₹50.02 Cr ₹42.06 Cr ₹40.11 Cr ₹42.97 Cr
Net Profit ₹139.35 Cr ₹115.1 Cr ₹109.1 Cr ₹90.89 Cr ₹141.33 Cr ₹109.39 Cr ₹83.6 Cr ₹90.44 Cr ₹136.67 Cr ₹128.78 Cr ₹110.17 Cr ₹119.43 Cr
  attributable to Owners ₹129.97 Cr ₹101.99 Cr ₹98.21 Cr ₹80.1 Cr ₹132.71 Cr ₹100.09 Cr ₹72.98 Cr ₹79.02 Cr ₹126.1 Cr ₹0 ₹101.15 Cr ₹108.01 Cr
  attributable to NCI ₹9.38 Cr ₹13.11 Cr ₹10.89 Cr ₹10.79 Cr ₹8.62 Cr ₹9.3 Cr ₹9.52 Cr ₹11.42 Cr ₹10.57 Cr ₹0 ₹9.02 Cr ₹11.57 Cr
Other Comprehensive Income ₹2.38 Cr ₹29 Lakh ₹4.85 Cr ₹56 Lakh -₹1.67 Cr ₹1.02 Cr ₹1.29 Cr ₹1.35 Cr ₹2.01 Cr ₹1.48 Cr ₹1.32 Cr ₹1.31 Cr
Total Comprehensive Income ₹141.73 Cr ₹115.39 Cr ₹113.95 Cr ₹91.45 Cr ₹139.66 Cr ₹110.41 Cr ₹84.89 Cr ₹91.79 Cr ₹138.68 Cr ₹130.26 Cr ₹111.49 Cr ₹120.74 Cr
EBITDA (computed) ₹199.11 Cr ₹168.45 Cr ₹159.91 Cr ₹136.13 Cr ₹209.13 Cr ₹155.77 Cr ₹127.54 Cr ₹128.27 Cr ₹202.74 Cr ₹185.87 Cr ₹164.29 Cr ₹179.54 Cr
Basic EPS ₹2.70 ₹2.12 ₹2.04 ₹1.67 ₹2.76 ₹2.08 ₹1.52 ₹3.29 ₹5.25 ₹5.00 ₹4.21 ₹4.49
Diluted EPS ₹2.70 ₹2.12 ₹2.04 ₹1.67 ₹2.76 ₹2.08 ₹1.52 ₹3.29 ₹5.25 ₹5.00 ₹4.21 ₹4.49
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Consultancy - Domestic ₹343.12 Cr ₹133.52 Cr ₹0 ₹0
Consultancy -Abroad ₹19.3 Cr ₹6.89 Cr ₹0 ₹0
Export Sale ₹190.48 Cr ₹36.33 Cr ₹0 ₹0
Leasing -Domestic ₹43.59 Cr ₹16.11 Cr ₹0 ₹0
Turnkey Construction Projects ₹168.62 Cr ₹3.99 Cr ₹0 ₹0
Power Generation ₹3.15 Cr -₹1.6 Cr ₹0 ₹0
Share of Net Profit/(Loss) of Joint Ventures ₹0 ₹4.04 Cr ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Consultancy - Domestic ₹1,242.01 Cr ₹498.99 Cr - -
Consultancy -Abroad ₹67.73 Cr ₹18.46 Cr - -
Export Sale ₹316.25 Cr ₹50.18 Cr - -
Leasing -Domestic ₹172.07 Cr ₹60.02 Cr - -
Turnkey Construction Projects ₹602.4 Cr ₹9.73 Cr - -
Power Generation ₹14.62 Cr -₹1.64 Cr - -
Share of Net Profit/(Loss) of Joint Ventures ₹0 ₹13.97 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,275.74 Cr ₹2,095.31 Cr ₹2,312 Cr ₹2,519.62 Cr ₹2,575.16 Cr ₹1,797.39 Cr ₹2,400.57 Cr
Other Income ₹150.14 Cr ₹147.85 Cr ₹126.92 Cr ₹119.16 Cr ₹86 Cr ₹150.16 Cr ₹264.48 Cr
Total Income ₹2,425.88 Cr ₹2,243.16 Cr ₹2,438.92 Cr ₹2,638.78 Cr ₹2,661.16 Cr ₹1,947.55 Cr ₹2,665.05 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹43.17 Cr -₹70.65 Cr ₹24.78 Cr ₹88.67 Cr ₹150.83 Cr -₹279.03 Cr ₹94.77 Cr
Employee Benefit Expense ₹520.71 Cr ₹502.17 Cr ₹491.22 Cr ₹507.6 Cr ₹516.42 Cr ₹480.85 Cr ₹516.67 Cr
Finance Costs ₹3.8 Cr ₹5.64 Cr ₹4.7 Cr ₹6.62 Cr ₹4.96 Cr ₹2.84 Cr ₹3.04 Cr
Depreciation & Amortisation ₹56.8 Cr ₹52.94 Cr ₹51.43 Cr ₹59.38 Cr ₹58.47 Cr ₹44.81 Cr ₹40.93 Cr
Other Expenses ₹1,278.18 Cr ₹1,253.83 Cr ₹1,269.92 Cr ₹1,267.97 Cr ₹1,255.92 Cr ₹1,135.73 Cr ₹1,187.03 Cr
Total Expenses ₹1,902.66 Cr ₹1,743.93 Cr ₹1,842.05 Cr ₹1,930.24 Cr ₹1,986.6 Cr ₹1,385.2 Cr ₹1,842.44 Cr
Profit Before Exceptional Items & Tax ₹523.22 Cr ₹499.23 Cr ₹596.87 Cr ₹708.54 Cr ₹674.56 Cr ₹562.35 Cr ₹822.61 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹523.22 Cr ₹499.23 Cr ₹596.87 Cr ₹708.54 Cr ₹674.56 Cr ₹562.35 Cr ₹822.61 Cr
Total Tax Expense ₹122.56 Cr ₹119.01 Cr ₹142.76 Cr ₹178 Cr ₹177.46 Cr ₹138 Cr ₹226.22 Cr
Net Profit ₹400.66 Cr ₹380.22 Cr ₹454.11 Cr ₹530.54 Cr ₹497.1 Cr ₹424.35 Cr ₹596.39 Cr
Other Comprehensive Income ₹7.75 Cr ₹1.86 Cr ₹6.29 Cr ₹5.79 Cr ₹76 Lakh ₹5.06 Cr -₹7.07 Cr
Total Comprehensive Income ₹408.41 Cr ₹382.08 Cr ₹460.4 Cr ₹536.33 Cr ₹497.86 Cr ₹429.41 Cr ₹589.32 Cr
EBITDA (computed) ₹583.82 Cr ₹557.81 Cr ₹653 Cr ₹774.54 Cr ₹737.99 Cr ₹610 Cr ₹866.58 Cr
Basic EPS ₹8.34 ₹7.91 ₹18.90 ₹22.08 ₹20.69 ₹17.22 ₹23.86
Diluted EPS ₹8.34 ₹7.91 ₹18.90 ₹22.08 ₹20.69 ₹17.22 ₹23.86
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹5,688.63 Cr ₹5,897.47 Cr ₹5,437.43 Cr ₹5,752.67 Cr
Non-current Assets ₹1,351.27 Cr ₹1,115.62 Cr ₹1,038.36 Cr ₹1,032.94 Cr
Current Assets ₹4,336.97 Cr ₹4,781.85 Cr ₹4,399.07 Cr ₹4,719.73 Cr
Property, Plant & Equipment ₹433.5 Cr ₹419.25 Cr ₹349.21 Cr ₹387.57 Cr
Inventories ₹34.6 Cr ₹78.08 Cr ₹4.93 Cr ₹30.91 Cr
Trade Receivables ₹922.73 Cr ₹729.72 Cr ₹881 Cr ₹869.26 Cr
Cash & Equivalents ₹549.03 Cr ₹663.62 Cr ₹650.92 Cr ₹1,018.12 Cr
Equity (Net Worth) ₹2,564.45 Cr ₹2,533.3 Cr ₹2,506.87 Cr ₹2,503.04 Cr
Equity Share Capital ₹480.6 Cr ₹480.6 Cr ₹240.3 Cr ₹240.3 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹2,657.2 Cr ₹3,183.31 Cr ₹2,727.02 Cr ₹2,950.28 Cr
Total Liabilities ₹3,124.18 Cr ₹3,364.17 Cr ₹2,930.56 Cr ₹3,249.63 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹173.8 Cr ₹572.17 Cr -₹12.17 Cr ₹647.28 Cr ₹291.09 Cr
Investing Cash Flow ₹94.38 Cr -₹196.73 Cr ₹105.81 Cr ₹4.11 Cr ₹69.95 Cr
Financing Cash Flow -₹383.01 Cr -₹362.69 Cr -₹460.85 Cr -₹438.39 Cr -₹425.84 Cr
Capital Expenditure ₹61.27 Cr ₹132.45 Cr ₹133.6 Cr ₹129.45 Cr ₹138.75 Cr
Free Cash Flow (computed) ₹112.53 Cr ₹439.72 Cr -₹145.77 Cr ₹517.83 Cr ₹152.34 Cr
Dividends Paid ₹377.27 Cr ₹355.65 Cr ₹456.57 Cr ₹432.55 Cr ₹420.53 Cr
Net Change in Cash -₹114.59 Cr ₹12.7 Cr -₹367.2 Cr ₹215.65 Cr -₹55.94 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹737.08 Cr ₹569.18 Cr ₹514 Cr ₹455.73 Cr ₹586.61 Cr ₹544.53 Cr ₹510.39 Cr ₹453.78 Cr ₹606.18 Cr ₹652.88 Cr ₹549.27 Cr ₹503.67 Cr
Other Income ₹48.73 Cr ₹33.92 Cr ₹47.31 Cr ₹20.18 Cr ₹36.04 Cr ₹47.24 Cr ₹43.21 Cr ₹21.36 Cr ₹32.98 Cr ₹24.85 Cr ₹51.4 Cr ₹17.69 Cr
Total Income ₹785.81 Cr ₹603.1 Cr ₹561.31 Cr ₹475.91 Cr ₹622.65 Cr ₹591.77 Cr ₹553.6 Cr ₹475.14 Cr ₹639.16 Cr ₹677.73 Cr ₹600.67 Cr ₹521.36 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹77.94 Cr -₹28.27 Cr ₹16.47 Cr -₹22.97 Cr -₹52.37 Cr -₹16.9 Cr -₹75 Lakh -₹63 Lakh ₹26 Lakh ₹24.16 Cr -₹20.43 Cr ₹20.79 Cr
Employee Benefit Expense ₹136.8 Cr ₹130.95 Cr ₹126.83 Cr ₹126.13 Cr ₹126.47 Cr ₹124.88 Cr ₹120.72 Cr ₹130.1 Cr ₹123.93 Cr ₹125.01 Cr ₹118.8 Cr ₹123.48 Cr
Finance Costs ₹90 Lakh ₹72 Lakh ₹76 Lakh ₹1.42 Cr ₹1.29 Cr ₹88 Lakh ₹2.42 Cr ₹1.05 Cr ₹47 Lakh ₹1.88 Cr ₹1.43 Cr ₹92 Lakh
Depreciation & Amortisation ₹14.24 Cr ₹14.62 Cr ₹14.74 Cr ₹13.2 Cr ₹14.53 Cr ₹13.66 Cr ₹12.63 Cr ₹12.12 Cr ₹13.19 Cr ₹12.59 Cr ₹11.7 Cr ₹13.95 Cr
Other Expenses ₹379.59 Cr ₹359.8 Cr ₹270.66 Cr ₹268.38 Cr ₹350.9 Cr ₹346.38 Cr ₹310.5 Cr ₹246.05 Cr ₹337.23 Cr ₹359.38 Cr ₹340.17 Cr ₹233.14 Cr
Total Expenses ₹609.47 Cr ₹477.82 Cr ₹429.46 Cr ₹386.16 Cr ₹440.82 Cr ₹468.9 Cr ₹445.52 Cr ₹388.69 Cr ₹475.08 Cr ₹523.02 Cr ₹451.67 Cr ₹392.28 Cr
Profit Before Exceptional Items & Tax ₹176.34 Cr ₹125.28 Cr ₹131.85 Cr ₹89.75 Cr ₹181.83 Cr ₹122.87 Cr ₹108.08 Cr ₹86.45 Cr ₹164.08 Cr ₹154.71 Cr ₹149 Cr ₹129.08 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹176.34 Cr ₹125.28 Cr ₹131.85 Cr ₹89.75 Cr ₹181.83 Cr ₹122.87 Cr ₹108.08 Cr ₹86.45 Cr ₹164.08 Cr ₹154.71 Cr ₹149 Cr ₹129.08 Cr
Total Tax Expense ₹40.06 Cr ₹29.77 Cr ₹29.63 Cr ₹23.1 Cr ₹47.42 Cr ₹27.88 Cr ₹22.12 Cr ₹21.59 Cr ₹41.01 Cr ₹36.14 Cr ₹32.41 Cr ₹33.2 Cr
Net Profit ₹136.28 Cr ₹95.51 Cr ₹102.22 Cr ₹66.65 Cr ₹134.41 Cr ₹94.99 Cr ₹85.96 Cr ₹64.86 Cr ₹123.07 Cr ₹118.57 Cr ₹116.59 Cr ₹95.88 Cr
Other Comprehensive Income ₹2.39 Cr ₹20 Lakh ₹4.7 Cr ₹46 Lakh -₹1.76 Cr ₹1.21 Cr ₹1.13 Cr ₹1.28 Cr ₹2.11 Cr ₹1.4 Cr ₹1.33 Cr ₹1.45 Cr
Total Comprehensive Income ₹138.67 Cr ₹95.71 Cr ₹106.92 Cr ₹67.11 Cr ₹132.65 Cr ₹96.2 Cr ₹87.09 Cr ₹66.14 Cr ₹125.18 Cr ₹119.97 Cr ₹117.92 Cr ₹97.33 Cr
EBITDA (computed) ₹191.48 Cr ₹140.62 Cr ₹147.35 Cr ₹104.37 Cr ₹197.65 Cr ₹137.41 Cr ₹123.13 Cr ₹99.62 Cr ₹177.74 Cr ₹169.18 Cr ₹162.13 Cr ₹143.95 Cr
Basic EPS ₹2.84 ₹1.99 ₹2.13 ₹1.39 ₹2.80 ₹1.98 ₹1.79 ₹2.70 ₹5.12 ₹4.93 ₹4.85 ₹3.99
Diluted EPS ₹2.84 ₹1.99 ₹2.13 ₹1.39 ₹2.80 ₹1.98 ₹1.79 ₹2.70 ₹5.12 ₹4.93 ₹4.85 ₹3.99
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
CONSULTANCY- DOMESTIC ₹315.16 Cr ₹107.16 Cr ₹0 ₹0
CONSULTANCY- ABROAD ₹19.23 Cr ₹7.23 Cr ₹0 ₹0
EXPORT SALE ₹190.48 Cr ₹36.33 Cr ₹0 ₹0
LEASING- DOMESTIC ₹43.59 Cr ₹16.11 Cr ₹0 ₹0
TURNKEY CONSTRUCTION PROJECTS- DOMESTIC ₹168.62 Cr ₹3.99 Cr ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
CONSULTANCY- DOMESTIC ₹1,117.81 Cr ₹380.22 Cr - -
CONSULTANCY- ABROAD ₹67.21 Cr ₹19.57 Cr - -
EXPORT SALE ₹316.25 Cr ₹50.18 Cr - -
LEASING- DOMESTIC ₹172.07 Cr ₹60.02 Cr - -
TURNKEY CONSTRUCTION PROJECTS- DOMESTIC ₹602.4 Cr ₹9.73 Cr - -
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Board & Governance of Rites Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Rites Limited has 11 directors - 4 independent and 4 executive. The board is chaired by RAHUL MITHAL.

DirectorPositionOn board sinceListed boards
RAHUL MITHAL Executive Director · CEO-MD · Chairperson 2021-10-07 1
DEEPAK TRIPATHI Executive Director 2023-03-27 1
KRISHNA GOPAL AGARWAL Executive Director 2023-08-01 1
PREM SINGH MEENA Executive Director 2026-03-19 1
JAYANT KUMAR Non-Executive - Nominee Director 2025-10-17 1
VINOD KUMAR Non-Executive - Nominee Director 2026-02-25 1
LIKHA TOGU Non-Executive - Independent Director 2025-04-15 1
RAJBIR SHARMA Non-Executive - Independent Director 2025-05-14 1
DINESHANANDA GOSWAMI Non-Executive - Independent Director 2022-04-09 1
SHAILENDRA SINGH Non-Executive - Nominee Director 2024-03-27 0
PURNIMA KERKETTA Non-Executive - Independent Director 2025-07-13 0
Board Committees
CommitteeMembers
Audit Committee RAJBIR SHARMA (Chairperson), LIKHA TOGU, DEEPAK TRIPATHI
Nomination and remuneration committee LIKHA TOGU (Chairperson), RAJBIR SHARMA, JAYANT KUMAR, PURNIMA KERKETTA (Chairperson), SHAILENDRA SINGH
Stakeholders Relationship Committee JAYANT KUMAR (Chairperson), DINESHANANDA GOSWAMI, KRISHNA GOPAL AGARWAL, SHAILENDRA SINGH (Chairperson)
Risk Management Committee DINESHANANDA GOSWAMI (Chairperson), LIKHA TOGU, KRISHNA GOPAL AGARWAL
Corporate Social Responsibility Committee LIKHA TOGU (Chairperson), DINESHANANDA GOSWAMI, DEEPAK TRIPATHI, PURNIMA KERKETTA
Project Investment Committee JAYANT KUMAR (Chairperson), DINESHANANDA GOSWAMI, KRISHNA GOPAL AGARWAL

Charges & Borrowings of Rites Limited

Open charges
₹0
Satisfied charges
₹0
Breakdown by lending institutions
Sbi₹0.00 Cr
Latest charge details
DateLenderAmountStatus
16 Feb 1989 Sbi ₹- Satisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Rites Limited

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Employee and EPFO history for Rites Limited

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GST Compliance of Rites Limited

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GST registrations and filing compliance for Rites Limited

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Credit Ratings, Litigation & Regulatory Alerts for Rites Limited

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MSME Payment Delays by Rites Limited

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MSME payment history for Rites Limited

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Subsidiaries & Group Companies of Rites Limited

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MCA Filings & Documents of Rites Limited

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Recent Activity on Rites Limited

Directors
29 May 2026
Atul Singh was appointed as a Additional Director on 29 May 2026 & has been associated with this company since 3 months 13 days.
Directors
25 Mar 2026
Nikhil Agarwal was appointed as a Company Secretary on 25 Mar 2026 & has been associated with this company since 5 months 17 days.
Directors
19 Mar 2026
Prem Singh Meena was appointed as a Additional Director on 19 Mar 2026 & has been associated with this company since 5 months 23 days.
Directors
17 Oct 2025
Jayant Kumar was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 10 months 23 days.
Activity
23 Sep 2025
Rites Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Directors
07 Jul 2025
Dineshananda Goswami was appointed as a Director on 07 Jul 2025 & has been associated with this company since 1 year 2 months.

Recent News on Rites Limited

Frequently Asked Questions about Rites Limited

Rites Limited is an active public limited union government company in the financial services sector based in Delhi, Delhi, India. It was incorporated on 26 April 1974 (52+ years old) and is registered under CIN L74899DL1974GOI007227. Listed on BSE: 541556 and NSE: RITES. The company has 1,367 employees.

Rites Limited reported revenue of ₹2,415.08 Cr for FY 2026 (up 8.89% YoY) based on consolidated NSE filings.

The current directors of Rites Limited are:

The primary industry of Rites Limited is financial services. The company specifically operates in equipment leasing and financing. The company is currently active in this sector.

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

Rites Limited can be reached at the registered office: Scope Minar Laxmi Nagar Delhi, Delhi, India – 110092, or through the website rites.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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