Rites Limited - Company overview

Rites is an MCA-registered Indian company: a Public Limited Union Government Company (CIN L74899DL1974GOI007227). Business overview includes…

1974-04-26 Delhi, Delhi Active Listed Active Compliant
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Key Metrics

AUTHORISED CAPITAL
600.00 cr
PAID-UP CAPITAL
480.60 cr
COMPANY AGE
52 Years 1 Months
since 1974-04-26
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-23
OPEN CHARGES
1
-
SATISFIED CHARGES
1
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
40
Updated: 2023-10-19 19:55:06

About Rites

Rites is an MCA-registered Indian company: a Public Limited Union Government Company (CIN L74899DL1974GOI007227). Business overview includes Financial Services (Equipment Leasing & Financing), incorporated on April 26, 1974 (52+ years old), headquartered in Delhi, Delhi, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹2.64 Kharab with a profit of ₹530.54 Cr. It has 12 active directors. The company employs approximately 1,367 people.

Equipment Leasing & Financing Business & IT Consulting Engineering Procurement & Construction (EPC) Railway Equipment & Supply
  • Location Scope Minar, Laxmi Nagar Delhi, Delhi, Delhi - 110092
  • Website rites.com
Name History
CIN / LLPINL74899DL1974GOI007227
Company No.007227
Stock Symbol BSE: 541556 | NSE: RITES
ClassificationPublic Limited Union Government Company
Incorporation Date1974-04-26
Date of AGM2025-09-23
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Delhi
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Rites

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (12)

K
CFO | Since 2023-08-01
K
CFO | Since 2023-08-25
D
Whole-time director | Since 2023-03-27
A
Company Secretary | Since 2024-03-20
L
Additional Director | Since 2025-04-15
S
Nominee Director | Since 2024-03-27

Charges Overview

Sbi : 0
Open Charges: 1 Satisfied Charges: 1
Open 0
Satisfied 0
LenderAmountStatus
Sbi
Creation Date: 16 Feb 1989
0 Closed

Business Activity

Activity GroupDescriptionTurnover %
Construction-35.11
Professional, Scientific and Technical-47.24
Support service to Organizations-5.46
Trade-12.19

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Rites
What is CIN of Rites?
The Corporate Identification Number (CIN) for Rites is L74899DL1974GOI007227. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 007227 as per MCA.
When was Rites incorporated?
Rites was incorporated 52 years 1 month ago on 26 Apr 1974.
What is paid-up capital and authorised share capital of Rites?
The paid-up capital of Rites is ₹ 4,806,037,740.00 and authorised share capital is ₹ 6,000,000,000.00.
Who are the current board members and directors of Rites?
Currently 10 directors are associated with Rites: Krishna Gopal Agarwal, Deepak Tripathi, Ashok Mishra, Likha Togu, Shailendra Singh, Rahul Mithal, Rajbir Sharma, Dineshananda Goswami, Purnima Kerketta, Jayant Kumar.
  • Krishna Gopal Agarwal
  • Deepak Tripathi
  • Ashok Mishra
  • Likha Togu
  • Shailendra Singh
  • Rahul Mithal
  • Rajbir Sharma
  • Dineshananda Goswami
  • Purnima Kerketta
  • Jayant Kumar
What is the registered address of Rites?
As per Ministry of Corporate Affairs (MCA), the registered address of Rites is Scope Minar, Laxmi Nagar Delhi, Delhi, Delhi, 110092, India.
Is Rites registered with any stock exchange in India?
Yes, Rites is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RITES.
What is the official website of Rites?
The official website of Rites is https://rites.com.
What is the ROC code of Rites?
Rites ROC code is Roc Delhi.
What is the company classification of Rites?
Rites is classified as Public Limited Union Government Company.
Rites - is it listed or unlisted?
Rites is a Listed company.
Does Rites have subsidiaries?
Rites has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Rites?
Rites is currently Active and registered in Delhi, Delhi, India.
What industry or business activity is Rites associated with?
Rites lists activity aligned with: Financial Services - Equipment Leasing & Financing - Construction. See the Overview and Competition sections for fuller industry context.
How many employees does Rites have?
Available records indicate roughly 1,367 employees for Rites. Confirm against filings and EPFO-related signals on the profile where shown.
Does Rites have GST registrations on file?
Rites shows 40 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Rites?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Rites.
How do I contact Rites?
Use the official website at https://rites.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Rites?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Rites?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Rites (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 2,503.04 Cr. Verify figures on the Financial tab and supporting filings.