Order Win/Contract
RITES Emerges L1 for Sri Lanka Railways Tender
RITES is the lowest bidder for supplying broad-gauge DMU train sets to Sri Lanka Railways, with an estimated order value of approximately Rs. 400 crore, subject to evaluation.
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Construction
Civil Construction
9,059 Cr
High Risk
19.6
21.6
1.2
3.4
259.30
175.10
Sales CAGR
Profit CAGR
ROE
ROCE

Order Win/Contract
RITES is the lowest bidder for supplying broad-gauge DMU train sets to Sri Lanka Railways, with an estimated order value of approximately Rs. 400 crore, subject to evaluation.
Earnings Call/Transcript
RITES will host a conference call on November 5, 2026, to discuss its unaudited financial results for the quarter and half year ended September 30, 2026.
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Upcoming Result Date: Nov 03, 2026
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Rites Ltd (RITES) is currently trading at 191.50 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
RITES Limited is a Navratna engineering and infrastructure consultancy owned by the Government of India, delivering design engineering, project management consultancy, turnkey construction, export of rolling stock, locomotive leasing and quality assurance across railways, metros, highways, airports and ports in India and over 65 international markets. Q1 FY27 showed revenue growth of about 9–10% year-on-year and PAT growth near 8%, with consolidated EBITDA near 22% and PAT margin around 17%, supported by an all-time high order book and the start of export rake deliveries which should materially increase export revenue from Q2 onward. RITES is shifting export activity into higher visibility execution with a INR 2,100 crore international order book including a INR ~900 crore Bangladesh coaches order and pipeline targets of at least one export order per quarter, indicating a strategic emphasis on rolling stock exports and international consultancy growth. Margin dynamics are under pressure from increased competitive bidding, a higher proportion of low-margin Turnkey contracts, rising travel costs and an impending pay revision; management has set conservative ‘red lines’ of 20% EBITDA and 15% PAT and intends to prioritize higher-margin work to protect profitability. Innovation adoption is visible through the introduction of VISTAR, an AI-powered visual inspection product, and digital offerings like CORS networks and 3D monitoring; these initiatives signal a move to monetize technology-enabled services alongside traditional consultancy and turnkey execution.
Over the past 52 weeks, Rites Ltd has traded between a low of ₹175.10 and a high of ₹259.30. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Rites Ltd has a market capitalization of approximately 9,059.38. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Rites Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 19.64 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 9,059.38 Cr, Rites Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Rites Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Rites Ltd is 19.64. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
RITES is procuring spares for the air-brake systems of coaches supplied to Sri Lanka Railways. The tender is classified as a goods procurement under mechanical equipment.
RITES shares rose after disclosures of major international locomotive supply and commissioning orders, including a contract referenced with South Africa-based Volantis Asset Finance, amid heavy volumes.
The stock rose after RITES disclosed it received acceptance of its offer from Volantis Asset Finance, South Africa, for supplying and commissioning 4,000 HP Cape Gauge diesel-electric locomotives.
RITES said the total consideration for the Zimbabwe LoA is $3.6 million.