Rites Ltd.

NSE: RITES | BSE: 541556 | ISIN: INE320J01015 | Industry: Construction & Engineering
| Momentum Trap
289.8000 0.40 (0.14%)
NSE Jun 13, 2025 15:31 PM
Volume: 2.4M
 

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Rites Ltd.
15 Nov 2021, 12:00AM
289.80
0.14%
IDBI Capital
Order book provided visibility: H1FY22 Order book is at Rs64bn (equals 3x TTM Revenue) comprising of Consultancy /Exports/ Lease/ Turnkey/ REMC at Rs2.5bn /Rs10bn/ Rs1bn/ Rs28bn/ Rs1bn. New opportunity is expected from metro consultancy order and 2-3 international orders of USD100mn each. Segmental composition: With Exports back on track, RITE is aiming for Rs7-7.5bn revenue in FY22E. Consultancy segment is growing and RITE expects revenue increase at 10% pa over the next 3-4 years. For Turnkey segment, company expects revenue to improve on QoQ and stabilize in Q4FY22. Going forward, company is targeting to...
Rites Ltd. is trading above all available SMAs
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