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RITES
Intrinsic Value | Fundamental Analysis

BOM : 541556     NSE : RITES    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Bad [Stock is Expensive]
Debt : Low
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Downward
Price Momentum : Downward
Pledged Shares : None or < 25%
May 31,2023
Price(EOD): ₹ 374.95
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Engineering
MCap: ₹ 9,010.05 Cr
Value of ₹ 1 Lac invested in RITES
on Jul 02,2018 (price: ₹ 170.16)

₹ 1 L

₹ 2.20 L

1W : -2.6% 1M : -9.5% 1Y : 51.9%
COMMUNITY POLL
for RITES
Please provide your vote to see the results
RITES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Industry Peers & Returns1W1M1Y
RITES -2.6% -9.5% 51.9%
KENNAMETAL INDIA 1.4% 6.8% 36.2%
MTAR TECHNOLOGIES 1.2% 0.6% 34.1%
ENGINEERS INDIA 0.4% 34.1% 88.6%
PITTI ENGINEERING -0.2% 9.2% 32.9%
HARIOM PIPE INDUSTRIES 4.8% 22.1% 205.7%
DEEP INDUSTRIES -5% 1.9% 71.5%
MOLDTEK TECHNOLOGIES 4.8% 10.5% 247.1%
SOUTH WEST PINNACLE EXPLORATION 1.5% 0.9% -36.9%

FUNDAMENTAL ANALYSIS OF RITES

 
Fundamentals Score
[ Q(TTM): Mar2023, Y: Mar2022
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 RITES is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF RITES

 
Valuation Score
[As on : May 31,2023 ]

Ratio Consolidated
P/E
P/B
P/S
15.81
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 570.00 Cr
[Latest Qtr - Mar2023 - Consolidated Results ]

3.46
P/B Calculated based on Book Value of Rs 2,603.78 Cr
[Latest Year - Mar2023 - Consolidated Results ]

3.43
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 2,628.27 Cr
[Latest Qtr - Mar2023 - Consolidated Results ]

Financial Ratios →

Insights 💡 There are potential 25% undervalued companies ! Discover More →

FAIR VALUE OF RITES

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
61%
44%
30%

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SHARE PRICE MOMENTUM OF RITES



RITES vs SENSEX


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DEBT OF RITES

Year Debt/Equity ratio
Standalone Consolidated
2022
2021
2020
Avg_3yrs
0
0
0
-
0.01
0.01
0.02
0.01
[Last Annual Data : Mar2022]
Financial Ratios →

PLEDGED PROMOTER SHARES OF RITES

Pledged Promoter Shares
0 %
As on : Mar2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF RITES

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
1.4%
-0.78%
-3.51%
-4.79%
-10.34%
-6.3%
-4.06%
-1.44%
QtrlyTrend
-6
Latest Qtr: Mar2023
Quarterly Result Analysis →


RITES related INDICES

BSE Indices1W1M1Y
S&P BSE INDUSTRIALS 2.3% 3.7% 48.4%
S&P BSE MIDSMALLCAP 2.1% 5.9% 22.8%
S&P BSE 400 MIDSMALLCAP 2.1% 5.4% 22.8%
S&P BSE SMALL CAP 2% 5.6% 21.5%
S&P BSE 250 SMALLCAP 1.7% 5.4% 23.2%
NSE Indices1W1M1Y
NIFTY FREE SMALL 100 2.2% 5.1% 17.7%
NIFTY MID SMALL400 2.1% 5.6% 23.4%
NIFTY SMALLCAP250 1.9% 5.5% 20.4%
NIFTY500 MULTICAP 50:25:25 1.8% 4.3% 18.2%
NIFTY 500 1.6% 3.6% 16%

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FAQ about RITES


Is RITES good for long term investment?

As on May 31,2023, the Fundamentals of RITES look Strong and hence it may be good for long term investment! See Financial Performance of RITES . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is RITES UnderValued or OverValued?

As on May 31,2023, RITES is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of RITES ?

As on May 31,2023, the Intrinsic Value of RITES is Rs. 260.20 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 232.25
Fair Value [Median EV / Sales Model] : Rs. 260.20
Fair Value [Median Price / Sales Model] : Rs. 288.75
Estimated Median Fair Value of RITES : Rs. 260.20

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is RITES trading at a Premium or Discount?

As on May 31,2023, RITES is trading at a Premium of 44% based on the estimates of Median Intrinsic Value!

SEBI Research Analyst
The Founder of this website, Mr. Rohit Katiyar is registered with SEBI as a Research Analyst [INH000007377].