Rites Ltd Share Price ₹206 | P/E 24.6

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Rites Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	687	544	582	683	643	486	541	576	602	490	549	609	768
Expenses +	496	383	445	514	467	380	435	458	417	376	419	466	600
Operating Profit	191	161	138	169	176	106	106	117	186	114	130	142	168
OPM %	28%	30%	24%	25%	27%	22%	20%	20%	31%	23%	24%	23%	22%
Other Income +	19	18	28	19	27	25	22	44	27	24	35	30	35
Interest	2	1	1	2	0	1	2	1	1	1	1	1	1
Depreciation	17	16	14	15	16	14	15	16	17	15	17	17	16
Profit before tax	191	163	150	171	187	115	111	144	195	122	146	154	186
Tax %	27%	26%	27%	25%	27%	21%	26%	24%	27%	25%	25%	25%	25%
Net Profit +	139	120	110	129	137	90	82	109	141	91	109	115	139
EPS in Rs	2.75	2.25	2.10	2.50	2.62	1.64	1.52	2.08	2.76	1.67	2.04	2.12	2.70

Financials of Rites Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,013	1,218	1,351	1,497	2,047	2,474	1,905	2,662	2,628	2,453	2,218	2,415
Expenses +	664	871	1,005	1,071	1,469	1,811	1,353	1,933	1,869	1,792	1,675	1,861
Operating Profit	348	347	347	427	578	663	552	729	759	661	543	554
OPM %	34%	29%	26%	28%	28%	27%	29%	27%	29%	27%	24%	23%
Other Income +	147	208	210	154	200	268	101	84	103	92	118	123
Interest	2	1	14	25	10	10	9	13	21	21	34	4
Depreciation	26	37	38	36	38	47	52	66	67	61	62	66
Profit before tax	468	518	505	519	730	874	593	735	774	670	565	608
Tax %	33%	34%	33%	31%	33%	28%	25%	27%	26%	26%	25%	25%
Net Profit +	312	340	337	357	490	633	444	539	571	495	424	454
EPS in Rs	12.49	13.55	6.57	6.85	9.39	12.32	9.00	10.74	11.28	9.48	8.01	8.54
Dividend Payout %	20%	40%	46%	32%	54%	65%	72%	79%	91%	95%	94%	115%

Financials of Rites Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	100	100	200	200	200	250	240	240	240	240	481	481
Reserves	1,576	1,707	1,838	2,014	2,222	2,383	2,152	2,248	2,363	2,369	2,160	2,201
Borrowings +	0	173	83	55	48	47	37	28	5	8	9	7
Other Liabilities +	1,929	2,531	2,678	2,901	2,956	3,222	3,408	3,326	3,381	3,047	3,472	3,238
Total Liabilities	3,605	4,511	4,799	5,170	5,426	5,903	5,837	5,842	5,991	5,664	6,121	5,926
Fixed Assets +	212	476	406	402	478	590	584	560	552	535	884	868
CWIP	26	34	5	2	4	4	15	58	101	174	48	88
Investments	226	220	328	133	141	261	289	205	130	109	117	104
Other Assets +	3,141	3,781	4,060	4,633	4,803	5,047	4,948	5,020	5,208	4,846	5,072	4,866
Total Assets	3,605	4,511	4,799	5,170	5,426	5,903	5,837	5,842	5,991	5,664	6,121	5,926

Financials of Rites Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-89	463	555	410	164	319	516	310	560	432	637	327
Cash from Investing Activity +	291	-520	-56	-454	139	49	194	62	163	-315	-205	126
Cash from Financing Activity +	-38	39	-215	-217	-279	-420	-708	-376	-483	-504	-405	-424
Net Cash Flow	165	-18	284	-261	24	-52	2	-5	239	-387	27	30
Free Cash Flow	-196	269	540	348	12	207	436	168	424	295	505	266
CFO/OP	15%	186%	208%	138%	70%	80%	112%	68%	98%	99%	148%	79%

Financials of Rites Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	137	161	125	114	109	124	112	101	126	134	122	141
Inventory Days	32			22	302	11		81	96			11
Days Payable	408			184	572	144		105	589			105
Cash Conversion Cycle	-239	161	125	-47	-161	-9	112	77	-367	134	122	47
Working Capital Days	-464	-427	-449	-454	-297	-240	-335	-234	-219	-203	-279	-174
ROCE %	30%	28%	21%	24%	30%	33%	23%	29%	30%	25%	22%	22%