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Prachi Mehta

14th Apr 2025 · SEBI-Registered Analyst

Deep Analysis of
RITES
: A leading company

RITES
Limited: A Quantitative Analysis of a Navratna PSU​
RITES
Limited (Rail India Technical and Economic Service) is a prominent public sector enterprise under the Ministry of Railways, Government of India. Established in 1974, RITES has evolved into a multidisciplinary consultancy organization, offering services in transport infrastructure, including railways, highways, airports, and urban planning. In 2023, RITES was granted 'Navratna' status, reflecting its operational efficiency and financial strength.​ Financial Performance Revenue: ₹2,439 crore for the fiscal year ending March 2024, marking a 7.6% decline year-over-year. ​ ***** +1 Screener +1 Net Profit: ₹419 crore in FY2024. ​ Screener Dividend Yield: 5.15%, indicating a shareholder-friendly approach. ​ TipRanks +1 Screener +1 Return on Equity (ROE): 17.45% ​ Global Green News +3 TipRanks +3 Dun & Bradstreet +3 Return on Capital Employed (ROCE): 25.55% ​ TipRanks Debt Status: The company is virtually debt-free, enhancing its financial stability.

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