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RITES RITES.NS · INR

Industrials · NSE · 🇮🇳 India

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196.80

+1.07%

Close of 9 Nov 2026, in INR

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About RITES

Its shares trade on NSE under the ticker RITES.NS. It has been listed since 2 July 2018. In the fiscal year to 31 March 2026, it reported revenue of ₹24.15bn and net income of ₹4.10bn. At that date it held total assets of ₹59.26bn and shareholders' equity of ₹26.81bn.

RITES Ltd. engages in the provision of transport infrastructural services. The company is headquartered in Gurgaon, Haryana. The company went IPO on 2018-07-02. The firm offers various services from concept to commissioning in transport infrastructure and related technologies. The company operates through four segments: Consultancy Services, Leasing of railway rolling stock & equipment’s, Export of rolling stock, equipment’s and spares, and Turnkey Construction Projects. Its sectors of operation include Railways, Metros, Airports & Land Ports, Ports & Harbors, Highways, Ropeways, Tunnels & Bridges, Institutional Buildings, Renewable Energy, and Urban Planning & Infrastructure. The company also provides services of Project Management Consultancy, Techno-Economic Feasibility, Detailed Project Report, Third Party Inspection, Transaction Advisory, Wet Leasing of Locomotives, Construction Supervision, Exports of Rolling Stock, Quality Assurance, Design Engineering Activities, and Sustainability Consultancy. Its subsidiaries are RITES (Afrika) (Pty) Limited and REMC Limited.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Professional Services
Listed since
2 Jul 2018
Employees
1,710
Website
rites.com ↗

Leadership

Pay as last reported

  • Shri. Rahul MithalChairman of the Board, Chief Executive Officer, Managing Director, since 2021₹11.0m
  • Shri. Krishna AgarwalChief Financial Officer, Director - Finance, Whole-Time Director, since 2023₹6.9m
  • Shri. Ashok MishraCompliance Officer, Company Secretary
  • Dr. Deepak TripathiExecutive Director, Director - Technical and Projects, since 2023₹7.4m
  • Shri. Vinod KumarPart Time Government Nominee Director
  • Shri. Jayant KumarGovernment Nominee Director
  • Shri. Shailendra SinghGovernment Nominee Director
  • Shri. Dineshananda GoswamiNon-Official Independent Director₹230,000
  • Shri. Rajbir SharmaNon-Official Independent Director
  • Shri. Likha ToguNon-Official Independent Director₹370,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
60
Environment
92
Social
78
Governance
11
Direct emissions (scope 1)
1,517 t
Energy emissions (scope 2)
3,473 t
Women in the workforce
10.12%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • RITES Ltd. provides comprehensive transport infrastructure services across multiple sectors including Railways and Metros.
  • The company operates through four key segments: Consultancy, Leasing, Export, and Turnkey Construction Projects.
  • RITES Ltd. employs 1,710 full-time employees, supporting robust service delivery in India.

Weaknesses

  • RITES Ltd. has limited international presence beyond RITES (Afrika) (Pty) Limited in Africa.
  • The company's operations are primarily focused on India, with no mention of global expansion.
  • RITES Ltd. relies on a single headquarters city, Gurgaon, for its central operations.

Opportunities

  • RITES Ltd. can expand its services in Renewable Energy and Urban Planning & Infrastructure sectors.
  • Growing demand for Metros and Highways in India presents significant market opportunities.
  • The company can leverage its expertise in Turnkey Construction Projects for international contracts.

Threats

  • RITES Ltd. faces competition from domestic firms in the Indian transport infrastructure market.
  • Economic downturns could reduce government spending on infrastructure projects.
  • RITES Ltd. may encounter regulatory challenges in expanding operations internationally.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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