# RITES (RITES) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/rites

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹196
- Change: -0.28%
- As of: 2026-11-06
- 1D return: -0.28%
- 5D return: +4.10%
- 1M return: +0.08%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

RITES (₹196.00) is trading in a weak technical environment, positioned below all major daily and monthly moving averages and the Supertrend indicator. The daily trend is bearish but lacks conviction, with an ADX of 11.59 indicating low directional strength. Despite this, the stock experienced a high-severity upward gap on 2026-11-03 (+0.9%), suggesting short-term volatility rather than a sustained reversal. Price action remains constrained within a narrow range, currently sitting in the lower-middle portion of both the 20-day and 50-day ranges. A weekly 'Outside Bar' pattern is active as of 2026-11-06, highlighting indecision. Key resistance lies at ₹197.68 (pivot, +0.86%) and ₹199.87 (high, +1.98%), while immediate support is found at ₹194.35 (-0.84%). The stock carries significant downside risk, evidenced by a current drawdown of -36.6% and annualized volatility of +38.4%. A move above ₹199.87 would be required to challenge the near-term downtrend structure.

- Trend Structure: Daily and monthly trends are bearish with price below all key moving averages; however, daily ADX (11.59) signals weak trend momentum.
- Price Positioning: Trading at ₹196.00, RITES is in the lower-middle of its 20-day (+31.8%) and 50-day (+30.5%) ranges, near the lower end of its 252-day range (+24.8%).
- Key Levels: Immediate resistance at ₹197.68 (pivot) and ₹199.87 (high); support at ₹194.35 (low). A break above ₹199.87 is needed to invalidate the near-term bearish bias.
- Risk & Volatility: High volatility (+38.4% annualized) and a deep current drawdown (-36.6%) persist; an active weekly 'Outside Bar' indicates ongoing consolidation.

- Outside Bar
- Shooting Star
- Bullish Engulfing Reversal
- Doji

### News Context

RITES reported its Q2FY27 results on November 4, 2026, revealing a divergence between top-line growth and profitability. Revenue increased modestly by 1.5% to ₹556.8 crore, yet net profit contracted by 12.2% to ₹86.2 crore, accompanied by a 5.8% decline in EBITDA. Despite the earnings pressure, the company declared a second interim dividend of ₹1.90 per share, with a record date set for November 11, 2026. This financial update follows broader market commentary from November 5, which highlighted RITES among stocks in focus as investors monitored September-quarter performance amid a bullish trend for Indian equity benchmarks.

- Q2FY27 Net Profit: Declined 12.2% year-on-year to ₹86.2 crore, contrasting with a 1.5% revenue rise to ₹556.8 crore.
- EBITDA Contraction: Operating profitability fell by 5.8%, indicating margin compression despite top-line stability.
- Dividend Declaration: Approved a second interim dividend of ₹1.90 per share; record date is November 11, 2026.
- Market Context: Identified as a key stock in focus during the week of November 5, 2026, alongside peers like LIC and Aurobindo Pharma.

- [Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- [RITES Q2 results: Net profit falls 12.2%, revenue rises 1.5%; ₹1.90 interim dividend declared, check record date](https://www.cnbctv18.com/market/earnings/rites-q2-results-net-profit-falls-12-per-cent-revenue-rises-15-per-cent-rs-190-interim-dividend-declared-check-record-date-20027142.htm)
- [Cash rewards coming? PFC, CONCOR, RITES, to Sonata- These firms to announce dividend with Q2 results 2026 this week](https://www.livemint.com/market/stock-market-news/cash-rewards-coming-pfc-concor-rites-pfc-to-sonata-these-firms-to-announce-dividend-with-q2-results-2026-this-week-11793537407103.html)

### What Changed

On 6 November 2026, RITES filed with the NSE to declare an interim dividend of ₹1.90 per share against a face value of ₹10. The record date for this payout is set for 11 November 2026. This corporate action represents a direct distribution of value to equity holders and marks a specific financial event in the company's recent timeline.

Market data recorded on the same day shows the stock trading at ₹196.00, reflecting a minor decline from the previous close of ₹197.00. While the dividend announcement provides clarity on shareholder returns, the immediate price movement was slight. Investors should note that the record date determines eligibility for this specific dividend payment.

- RITES declared an interim dividend of ₹1.90 per share, with a record date of 11 November 2026.
- The stock closed at ₹196.00 on 6 November 2026, down from the previous close of ₹197.00.

- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.90 PER SHARE |FACE VALUE:10 |RECORD DATE:11-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Official Filings

RITES Limited’s Board approved unaudited financial results for the half-year ended September 30, 2026, and declared a second interim dividend of ₹1.90 per equity share. This dividend represents 19% of the paid-up capital, with a record date set for November 11, 2026, and payment due by December 3, 2026. The company also confirmed that a proposed joint venture with NICC Infrastructure Construction LLC will not materialize, consistent with earlier intimation from June 25, 2026. Auditors’ limited-review reports noted no material misstatements but highlighted ongoing voluntary liquidation of IRSDC, closure processes for RITES (Afrika) Proprietary Limited, and a governance observation that independent directors currently constitute less than half of the Board’s total strength.

- Dividend Declaration: Second interim dividend of ₹1.90 per share (19% of paid-up capital) approved; record date is November 11, 2026, with payment due by December 3, 2026.
- Joint Venture Update: Proposed JV with NICC Infrastructure Construction LLC will not proceed, continuing status from June 2026 intimation.
- Governance & Operational Notes: Auditors flagged that independent directors are below half the Board strength; ongoing liquidation of IRSDC and closure of RITES (Afrika) were also noted.

- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.90 PER SHARE |FACE VALUE:10 |RECORD DATE:11-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [RITES Limited has informed the Exchange about Copy of Newspaper Publication of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/RITES_05112026150952_Intimation.pdf)
- [RITES Limited has informed the Exchange about Link for Audio Recordings of Q2 and FY 2026-27 post results Conference Call. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/RITES_05112026153822_IntimationSigned.pdf)
- [RITES LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16350_WebXMLFile_20261105_154004933.xml)
- [RITES Limited has submitted to the Exchange the outcome of the Board meeting held on 04.11.2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/RITES_04112026164213_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 1.90 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/RITES_04112026164414_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/RITES_04112026170726_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_16350_WebXMLFile_20261104_171521640.xml)

### Fundamentals

RITES demonstrates a clear operational recovery in FY2026-27, with sequential revenue growth accelerating from ₹498 crore in Q1 to ₹557 crore in Q2. This top-line expansion is accompanied by improving profitability; pre-tax profit rose to ₹130 crore in Q2 (up from ₹97.1 crore), and net profit increased to ₹97.1 crore (from ₹71.8 crore). On an annual basis, sales grew 11% TTM, while net profit expanded 8% TTM, reversing the negative 3-year compounded sales growth trend of -3%. Earnings quality remains strong historically, with Return on Equity holding at 15% last year and ROCE at 23% in Mar 2026. However, cash conversion efficiency has deteriorated significantly, with CFO/EBITDA dropping to 75% in Mar 2026 from 148% in Mar 2025. The balance sheet shows reduced liabilities (₹3,095 crore as of Sep 2026) and stable equity (₹2,775 crore), but cash reserves declined to ₹477 crore. Promoter holding remains steady at 72.2%.

- Q2 FY2026-27 revenue increased sequentially to ₹557 crore, driving pre-tax profit to ₹130 crore and net profit to ₹97.1 crore.
- TTM metrics show positive momentum: Sales +11%, Net Profit +8%, and ROE 15%, contrasting with prior 3-year CAGR declines.
- Cash conversion efficiency weakened materially; CFO/EBITDA fell to 75% in Mar 2026 from 148% in Mar 2025.
- Balance sheet strength persists with liabilities decreasing to ₹3,095 crore and promoter stake unchanged at 72.2%.

### Bear Case

RITES faces a challenging operational and market environment as of November 6, 2026. In the July–September quarter of FY27, the company reported a 12.2% decline in net profit to ₹86.2 crore and a 5.8% drop in EBITDA, despite revenue rising modestly by 1.5% to ₹556.8 crore. This divergence between top-line growth and bottom-line contraction signals margin pressure or increased cost absorption during the period. Market performance reflects this weakness, with the stock trading at ₹196.00 and suffering a year-to-date return of -19.4%. Over the past year, the share price has fallen 20.0%, while technical indicators on both daily and monthly timeframes are bearish, with the Supertrend direction signaling downside momentum. The stock is currently trading near resistance levels around ₹197.68, with support identified at ₹194.35. Investors should monitor whether the company can stabilize margins in subsequent quarters, given the recent earnings compression.

- Q2 FY27 net profit fell 12.2% to ₹86.2 crore and EBITDA dropped 5.8%, contrasting with only a 1.5% revenue increase to ₹556.8 crore.
- Stock price declined 20.0% over the last year and -19.4% year-to-date, closing at ₹196.00 on November 6, 2026.
- Daily and monthly technical trends are bearish, with the Supertrend indicating downward pressure and ADX values below 12 suggesting weak trend strength.
- Current price faces immediate resistance at ₹197.68 (0.86% above) and support at ₹194.35 (0.84% below).

- [Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- [RITES Q2 results: Net profit falls 12.2%, revenue rises 1.5%; ₹1.90 interim dividend declared, check record date](https://www.cnbctv18.com/market/earnings/rites-q2-results-net-profit-falls-12-per-cent-revenue-rises-15-per-cent-rs-190-interim-dividend-declared-check-record-date-20027142.htm)
- [Cash rewards coming? PFC, CONCOR, RITES, to Sonata- These firms to announce dividend with Q2 results 2026 this week](https://www.livemint.com/market/stock-market-news/cash-rewards-coming-pfc-concor-rites-pfc-to-sonata-these-firms-to-announce-dividend-with-q2-results-2026-this-week-11793537407103.html)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.90 PER SHARE |FACE VALUE:10 |RECORD DATE:11-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [RITES Limited has informed the Exchange about Copy of Newspaper Publication of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/RITES_05112026150952_Intimation.pdf)
- [RITES Limited has informed the Exchange about Link for Audio Recordings of Q2 and FY 2026-27 post results Conference Call. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/RITES_05112026153822_IntimationSigned.pdf)
- [RITES LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16350_WebXMLFile_20261105_154004933.xml)
- [RITES Limited has submitted to the Exchange the outcome of the Board meeting held on 04.11.2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/RITES_04112026164213_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 1.90 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/RITES_04112026164414_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/RITES_04112026170726_OutcomeSigned.pdf)

### FAQs

**What were RITES' key financial results for the July-September quarter of FY27?**

RITES reported a net profit of ₹86.2 crore, a 12.2% decline from the prior period, and an EBITDA drop of 5.8%. Revenue increased modestly by 1.5% to ₹556.8 crore. These unaudited results cover the quarter and half-year ended September 30, 2026.

**Has RITES declared any dividends recently, and what are the key dates?**

Yes, RITES declared a second interim dividend of ₹1.90 per share. The record date for this dividend is November 11, 2026. This announcement was made alongside the Q2FY27 results on November 5, 2026.

- [Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- [RITES Q2 results: Net profit falls 12.2%, revenue rises 1.5%; ₹1.90 interim dividend declared, check record date](https://www.cnbctv18.com/market/earnings/rites-q2-results-net-profit-falls-12-per-cent-revenue-rises-15-per-cent-rs-190-interim-dividend-declared-check-record-date-20027142.htm)
- [Cash rewards coming? PFC, CONCOR, RITES, to Sonata- These firms to announce dividend with Q2 results 2026 this week](https://www.livemint.com/market/stock-market-news/cash-rewards-coming-pfc-concor-rites-pfc-to-sonata-these-firms-to-announce-dividend-with-q2-results-2026-this-week-11793537407103.html)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 1.90 PER SHARE |FACE VALUE:10 |RECORD DATE:11-Nov-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [RITES Limited has informed the Exchange about Copy of Newspaper Publication of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/RITES_05112026150952_Intimation.pdf)
- [RITES Limited has informed the Exchange about Link for Audio Recordings of Q2 and FY 2026-27 post results Conference Call. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/RITES_05112026153822_IntimationSigned.pdf)
- [RITES LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16350_WebXMLFile_20261105_154004933.xml)
- [RITES Limited has submitted to the Exchange the outcome of the Board meeting held on 04.11.2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/RITES_04112026164213_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 1.90 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/RITES_04112026164414_OutcomeSigned.pdf)
- [RITES Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/RITES_04112026170726_OutcomeSigned.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹197.68
- Risk regime: Higher Price Risk

### Support levels
- 192.46249999999998
- 186.16500000000002
- 182.25

### Resistance levels
- 224.640625
- 248
- 259.4

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.28% |
| return_10 | +3.48% |
| return_1m | -3.69% |
| return_1y | -19.95% |
| return_20 | +0.08% |
| return_3m | -15.29% |
| return_5 | +4.10% |
| return_6m | -13.44% |
| return_since_start | -33.60% |
| return_ytd | -19.42% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -43.20% |
| annualized_volatility | +38.38% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# RITES Limited Q2 FY2026-27: Sequential profit rebound, year-on-year decline

RITES’ revenue from operations rose 4.8% quarter on quarter to ₹521.82 crore in Q2 FY2026-27, while profit after tax increased 31.4% to ₹94.35 crore. Both profit before tax and profit after tax remained below the year-ago quarter; a swing in other unallocable items also tempered the sequential improvement.

## Revenue rises from Q1, below the March-quarter peak

Revenue from operations increased from ₹497.99 crore in Q1 FY2026-27 to ₹521.82 crore in Q2, up 1.5% from ₹514 crore in Q2 FY2025-26. Total income rose 7.6% sequentially to ₹564.76 crore, including ₹42.94 crore of other income. Revenue was below ₹569.18 crore in Q3 FY2025-26 and ₹737.08 crore in Q4 FY2025-26.

## Expenses grow more slowly than revenue; PBT remains lower year on year

Expenses increased 3.9% quarter on quarter to ₹444.11 crore, less than the 4.8% rise in revenue from operations. Employee benefit expense was ₹129.89 crore and depreciation and amortisation expense was ₹14.75 crore. Profit before tax rose 24.2% sequentially to ₹120.65 crore from ₹97.13 crore, but declined 8.5% from ₹131.85 crore in Q2 FY2025-26.

Finance costs were ₹97 lakh, compared with ₹83 lakh in Q1 FY2026-27. Other unallocable expenditure net of unallocable income was ₹7.05 crore, versus net income of ₹8.77 crore in Q1, a sequential swing that weighed on the comparison.

## PAT and EPS improve sequentially, but remain below last year

Tax expense was ₹26.30 crore, up from ₹25.33 crore in Q1 FY2026-27 and down from ₹29.63 crore in Q2 FY2025-26. Profit after tax was ₹94.35 crore, compared with ₹71.80 crore in Q1 and ₹102.22 crore a year earlier. Basic and diluted EPS were both ₹1.96, up from ₹1.49 in Q1 but below ₹2.13 in Q2 FY2025-26 and ₹2.84 in Q4 FY2025-26.

## Cash flow and closing balances

Operating cash flow was ₹165.31 crore in the quarter. Free cash flow was ₹113.24 crore, alongside investing cash outflows of ₹52.07 crore; financing cash outflows were ₹201.91 crore. Cash and cash equivalents stood at ₹460.42 crore on 30 September 2026, down from ₹549.03 crore on 31 March 2026. Bank balances other than cash and cash equivalents were ₹2,551.25 crore, compared with ₹2,305.41 crore at 31 March.

Trade receivables declined to ₹853.99 crore from ₹922.73 crore between 31 March and 30 September, while inventories rose to ₹67.91 crore from ₹34.60 crore. Property, plant and equipment increased to ₹485.52 crore from ₹433.50 crore, while capital work in progress fell to ₹4.69 crore from ₹87.82 crore. Equity attributable to owners of the parent was ₹2,534.95 crore, compared with ₹2,564.45 crore at 31 March.

## Key Takeaway

RITES delivered a clear sequential earnings recovery in Q2 FY2026-27, with revenue growth outpacing expense growth, but PBT and PAT remained below Q2 FY2025-26. The change in other unallocable items tempered the quarter-on-quarter improvement, while positive operating cash flow coexisted with a lower cash and cash equivalents balance than at 31 March.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +72.20%
- FII holding: +3.38%
- DII holding: +9.16%
- Mutual fund holding: +2.34%
- Retail holding: +12.45%
- Promoter pledged: +0.00%

### Major reported shareholders

- President of India — +72.20%
- LIFE INSURANCE CORPORATION OF INDIA — +5.52%
- NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND — +1.97%

## Official filings

- 2026-11-06 — Corporate Action Notice: RITES Limited - Ex-Date: 11-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-06 — Corporate Action Notice: RITES Limited - Ex-Date: 11-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-06 — Corporate Action Notice: RITES Limited - Ex-Date: 11-Nov-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-11-05 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_05112026150952_Intimation.pdf)
- 2026-11-05 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_05112026153822_IntimationSigned.pdf)
- 2026-11-05 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16350_WebXMLFile_20261105_154004933.xml)
- 2026-11-04 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_04112026164213_OutcomeSigned.pdf)
- 2026-11-04 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_04112026164414_OutcomeSigned.pdf)
- 2026-11-04 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_04112026170726_OutcomeSigned.pdf)
- 2026-11-04 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_16350_WebXMLFile_20261104_171521640.xml)
- 2026-11-04 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_04112026171930_OutcomeSigned.pdf)
- 2026-11-04 — Earnings Presentation: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_04112026182225_IntimationSigned.pdf)
- 2026-11-04 — Financial Results Filing: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752955_04112026065101_WEB.xml)
- 2026-11-04 — Financial Results Filing: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753017_04112026071155_WEB.xml)
- 2026-11-04 — Press Release: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_04112026214619_IntimationSigned.pdf)
- 2026-11-03 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_16350_WebXMLFile_20261103_114904828.xml)
- 2026-11-02 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_02112026211123_Intimationsigned.pdf)
- 2026-11-02 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16350_WebXMLFile_20261102_211434704.xml)
- 2026-11-02 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_02112026224708_Intimation_Major_Order_02112026_signed.pdf)
- 2026-10-23 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_23102026103731_IntimationSigned.pdf)
- 2026-10-16 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/RITES_16102026094221_Clarification_NSE_Volume_movement_Signed.pdf)
- 2026-10-15 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-10-14 — Shareholding Disclosure: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1737497_14102026124853_WEB.xml)
- 2026-10-09 — Board Meeting Notice: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_16350_WebXMLFile_20261009_123405783.xml)
- 2026-10-09 — Generic Announcement: RITES Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_16350_WebXMLFile_20261009_123405783.xml)

## News and market events

- 2026-11-07 — Mint: **Upcoming dividend, bonus, rights record date next week, 9-13 Nov: Dabur, RITES, CONCOR, HUL, ONGC, Emami among others** — At least 75 companies, including Dabur India, HUL, ONGC, and RITES, have fixed record dates for dividend, bonus, or rights issues between November 9 and 13, 2026. Dharti Proteins is the sole entity among these firms with a bonus issue record date on November 13, following its board's approval of a 1:1 ratio. Investors must hold shares before the respective record dates to qualify for these corporate actions. — [Source](https://www.livemint.com/market/stock-market-news/upcoming-dividend-bonus-rights-record-date-next-week-9-13-nov-dabur-rites-concor-hul-ongc-emami-among-others-11794037826095.html)
- 2026-11-05 — Economic Times: **Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco** — Indian equity benchmarks extended their winning streak to a fifth consecutive session, with the Nifty 50 closing at 23,961 amid broad-based buying and optimism for a breakout above 24,000. Several companies, including BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma, and NALCO, are in focus as investors track their September-quarter earnings, sales data, and operational updates. Experts advise monitoring support levels around 23,750–23,700 as the bullish trend persists. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bse-lenskart-nykaa-bharti-airtel-lic-aurobindo-pharma-and-nalco/articleshow/135548122.cms)
- 2026-11-04 — CNBC-TV18: **RITES Q2 results: Net profit falls 12.2%, revenue rises 1.5%; ₹1.90 interim dividend declared, check record date** — RITES reported a 12.2% decline in net profit to ₹86.2 crore and a 5.8% drop in EBITDA for the July-September quarter of FY27, despite a modest 1.5% revenue increase to ₹556.8 crore. The engineering consultancy also declared a second interim dividend of ₹1.90 per share, with a record date set for November 11, 2026. — [Source](https://www.cnbctv18.com/market/earnings/rites-q2-results-net-profit-falls-12-per-cent-revenue-rises-15-per-cent-rs-190-interim-dividend-declared-check-record-date-20027142.htm)
- 2026-11-01 — Mint: **Cash rewards coming? PFC, CONCOR, RITES, to Sonata- These firms to announce dividend with Q2 results 2026 this week** — Multiple companies including Power Finance Corporation, Container Corporation of India Limited, RITES, and Sonata Software are scheduled to hold board meetings this week to announce Q2FY27 results and potentially approve dividends. — [Source](https://www.livemint.com/market/stock-market-news/cash-rewards-coming-pfc-concor-rites-pfc-to-sonata-these-firms-to-announce-dividend-with-q2-results-2026-this-week-11793537407103.html)
- 2026-10-28 — Times of India: **Tracks between Lumding and Badarpur get fully electrified** — Salasar Techno Engineering completes electrification of Assam’s 172-km Lumding–Badarpur rail hill section for RITES, enabling full state railway electrification. — [Source](https://timesofindia.indiatimes.com/city/guwahati/tracks-between-lumding-and-badarpur-get-fully-electrified/articleshow/135276536.cms)
- 2026-10-15 — Mint: **RITES shares on an uptrend, up 12% in just 5 sessions - Can the stock rise further? Experts decode** — On Thursday, RITES' share price jumped over 9% to an intraday high of ₹219, with a spurt in volume of more than 3 times. At this price, the stock has gained 11.6% in five consecutive sessions, including today. — [Source](https://www.livemint.com/market/stock-market-news/rites-shares-on-an-uptrend-up-12-in-just-5-sessions-can-the-stock-rise-further-experts-decode-11792043674482.html)
- 2026-10-13 — Times of India: **India exports 18-coach LHB train to Bangladesh with CCTVs and baby care rooms** — img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/134920133.cms" /Bangladesh Railway placed a fresh order through RITES in 2024 for the manufacture and supply of 200 broad-gauge passenger coaches. The order covers seven different variants and further deepens the association between the two organisations. The coaches have been customised to suit Bangladesh Railway's operational requirements while providing passengers with greater comfort. — [Source](https://timesofindia.indiatimes.com/business/india-business/indian-railways-exports-first-18-coach-lhb-train-for-bangladesh-as-part-of-200-coach-order-specially-designed-coaches-feature-cctvs-baby-care-and-prayer-rooms-and-other-passenger-friendly-amenities/articleshow/134920133.cms)
- 2026-10-10 — Mint: **Dividend kings of Railway shares: IRFC vs RVNL vs IRCTC vs RITES vs CONCOR - Which PSU stock wins the crown?** — For dividend-focused investors comparing railway PSUs, RITES had the strongest 2026 yield, here are all the details about dividend. — [Source](https://www.livemint.com/market/stock-market-news/dividend-kings-of-railway-shares-irfc-vs-rvnl-vs-irctc-vs-rites-vs-concor-which-psu-stock-wins-the-crown-11791615271148.html)
- 2026-10-08 — Mint: **Railway PSU face-off: RITES vs RVNL - Which stock to buy ahead of Q2 results? Expectations, target price, returns** — RVNL and RITES are expected to post double-digit revenue growth in Q2 FY27, but analysts see different prospects. Check outlook for these two railway PSU stocks, their Q2 expectations and target price — [Source](https://www.livemint.com/market/stock-market-news/railway-psu-face-off-rites-vs-rvnl-which-stock-to-buy-ahead-of-q2-results-expectations-target-price-returns-11791462324329.html)
- 2026-10-01 — CNBC-TV18: **PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia** — The PM Dhara scheme is expected to create a multi-year opportunity for transmission equipment makers, while railway and metro spending should support RITES and BEML, says Elara Securities' Harshit Kapadia. Which companies are best placed to benefit from these investments? — [Source](https://www.cnbctv18.com/market/pm-dhara-scheme-multi-year-opportunity-transmission-companies-elara-securities-hitachi-siemens-renewable-transmission-energy-kei-apar-beml-rites-polycab-vande-bharat-train-20002749.htm)
- 2026-09-30 — BUSINESSTODAY: **IRCON, RITES, Jupiter Wagons, Texmaco shares surge: What's happening with railway stocks?** — IRCON International, RITES, Jupiter Wagons, Texmaco Rail, Oriental Rail Infrastructure, RailTel, RVNL, IRFC, Container Corporation of India, IRCTC, Titagarh Rail Systems, railway stocks, railway shares, railway sector, railway stocks today, railway shares rally — [Source](https://www.businesstoday.in/markets/stocks/story/ircon-rites-jupiter-wagons-texmaco-shares-surge-whats-happening-with-railway-stocks-558813-2026-09-30)
- 2026-09-30 — Mint: **Uruguay taps India's Rites to rebuild rail network, connect industries with ports | Mint** — Rites will present a plan for the proposed revival and expansion of Uruguay’s rail network, which has a track length of about 500 km. — [Source](https://www.livemint.com/industry/infrastructure/rites-uruguay-railway-network-expansion-railway-master-plan-11790740982666.html)
- 2026-09-23 — BUSINESS: **Rites signs MoU with National Highways & Infrastructure Development Corporation** — To provide consultancy and technical support services to projects across North-East — [Source](https://www.business-standard.com/markets/capital-market-news/rites-signs-mou-with-national-highways-infrastructure-development-corporation-126092300786_1.html)
- 2026-09-22 — FREEPRESSJOURNAL.IN: **RITES Secures Updated ₹154.65 crore Railway Electrification Project From South Central Railway** — RITES Ltd has received an update for its project management consultancy service for railway electrification, with the revised project cost set at ₹154.65 crore. The project involves the Bidar-Kalaburagi (Gulbarga) stretch of 110 RKM. — [Source](https://www.freepressjournal.in/business/rites-secures-updated-15465-crore-railway-electrification-project-from-south-central-railway)
- 2026-09-22 — BUSINESS: **Rites updates on work order from South Central Railway** — Project cost revised upwards to Rs 154.66 cr — [Source](https://www.business-standard.com/markets/capital-market-news/rites-updates-on-work-order-from-south-central-railway-126092200826_1.html)
- 2026-09-22 — CNBC-TV18: **RITES raises cost of Karnataka railway electrification project by 58% to ₹155 crore** — RITES has raised the estimated cost of its Bidar-Kalaburagi railway electrification project to ₹154.65 crore from ₹97.96 crore, excluding GST. — [Source](https://www.cnbctv18.com/business/companies/rites-raises-cost-of-karnataka-railway-electrification-project-by-58-to-rs155-crore-19995799.htm)
- 2026-09-22 — Economic Times: **Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years** — Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to expand its mining portfolio, while also partnering with Chiles CODELCO on mining expertise and capacity building. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hindustan-copper-shares-gain-3-as-company-plans-rs-7000-crore-capital-investment-in-next-5-years/articleshow/134404296.cms)
- 2026-09-17 — BUSINESSTODAY: **Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18** — ex-dividend stocks, dividend stocks, Cochin Minerals & Rutiles, KRBL, RITES, Ramky Infrastructure, LT Foods, PG Electroplast, Victoria Mills, Sharda Motor Industries, Gujarat Alkalies, Gujarat Intrux, Creative Castings, Lakshmi Mills, Fluidomat, Garden Reach Shipbuilders, dividend September 18 2026 — [Source](https://www.businesstoday.in/markets/stocks/story/cochin-shipyard-krbl-rites-ramky-infrastructure-among-stocks-to-turn-ex-dividend-on-september-18-556225-2026-09-17)
- 2026-09-09 — Times of India: **IGIA new master plan sees 50% growth in international capacity by 2030** — India Business News: NEW DELHI: India’s busiest airport, Delhi’s IGIA, is gearing up for over 50% enhancement in international traffic by adding a new pier in terminal 3 a. — [Source](https://timesofindia.indiatimes.com/business/india-business/igia-new-master-plan-sees-50-growth-in-international-capacity-by-2030/articleshow/133959670.cms)
- 2026-08-20 — BUSINESSTODAY: **RVNL, IRCON, Jupiter Wagons, Titagarh Rail: Why railway stocks are rising today** — railway sector stocks, projects of Railways, rail sector stocks, Titagarh Rail System shares, Texmaco Rail, RVNL, IRCON International, Jupiter Wagons, IRFC, RITES, stock gainers, Four projects of Ministry of Railways — [Source](https://www.businesstoday.in/markets/stocks/story/rvnl-ircon-jupiter-wagons-titagarh-rail-why-railway-stocks-are-rising-today-550251-2026-08-20)
- 2026-08-18 — FREEPRESSJOURNAL.IN: **Hindustan Copper Plans Over ₹7,000 Crore Investment, Expansion Drive Spans Next 5-6 Years** — Hindustan Copper plans to invest over Rs 7,000 crore in 5-6 years to expand exploration, revive mines and strengthen India’s copper production capacity. — [Source](https://www.freepressjournal.in/business/hindustan-copper-plans-over-7000-crore-investment-expansion-drive-spans-next-5-6-years)
- 2026-08-10 — BUSINESSTODAY: **Top stocks in news: Titan, Ola, PFC, Oil India, Kaynes, Anant Raj, Godawari Power, Akums** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Titan Company, Ola Electric Mobility, Power Finance Corporation, Oil India, Kaynes Technology India, Anant Raj, Hitachi Energy India, Raymond Realty, Azad Engineering, Godawari Power & Ispat, Akums Drugs and Pharmaceuticals, Entero Healthcare Solutions, Nitin Spinners, Ambika Cotton Mills — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-titan-ola-pfc-oil-india-kaynes-anant-raj-godawari-power-akums-548205-2026-08-10)
- 2026-08-10 — The Hindu: **Stocks to watch today: Signature Global, IndusInd Bank, pharma, railway and renewable energy stocks** — Explore today's top 20 stocks, featuring Signature Global, IndusInd Bank, pharma, railway, and power sectors updates. — [Source](https://www.thehindubusinessline.com/markets/20-stocks-in-focus-today-signature-global-indusind-bank-pharma-railway-and-power-counters/article71324466.ece)
- 2026-08-07 — Economic Times: **Dividend alert! Last day to buy Jio Financial, Indus Towers among 9 stocks for dividend payouts. Do you own any?** — Jio Financial Services fixed August 10 as the record date for its final dividend of Rs 0.60 per share for the financial year which ended on March 31, 2026. This comes after the company paid a dividend of Rs 0.5 per share to its shareholders last year. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/dividend-alert-last-day-to-buy-jio-financial-indus-towers-among-9-stocks-for-dividend-payouts-do-you-own-any/articleshow/133019342.cms)
- 2026-08-06 — Mint: **Raja Venkatraman recommends three stocks for 6 August** — Market expert Raja Venkatraman shares his top stock picks for 5 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-three-stocks-for-6-august-rites-hfcl-devyani-international-nifty-sensex-11785947619768.html)

## Business profile

**Strategic vision:** Engineering consultancy for transport and infrastructure globally.

### Business segments
- **Railways Consultancy:** Provides multidisciplinary engineering and project management consultancy for national, metro, and dedicated freight railways, including design, feasibility studies, track engineering, and electrification.
- **Highways & Bridges Consultancy:** Offers engineering design and construction supervision services for expressways and highway corridors.
- **Ports & Airports Consultancy:** Provides development planning, terminal design, and marine engineering services for port and airport infrastructure.
- **Urban Transport Consultancy:** Delivers project management consultancy for Mass Rapid Transit Systems (MRTS) and urban planning initiatives.
- **Export of Rolling Stock:** Exports locomotives, passenger coaches, trainsets, and railway components manufactured in India to international railway networks.
- **Leasing & Maintenance:** Leases locomotives, passenger coaches, and track maintenance machinery to domestic industrial railways, ports, and power utilities, and provides maintenance contract services.
- **Quality Assurance & Inspections:** Acts as a third-party inspection agency for public sector entities, assessing quality standards for railway components, structural steel, and capital equipment.

### Competitive strengths
- Public sector engineering consultancy corporation with expertise in transport and infrastructure.
- Provides a wide range of services including consultancy, design, project management, and equipment export.
- Acts as a third-party inspection agency for quality assurance.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/rites
Markdown representation: https://faxioms.com/stocks/rites?render=md