Rites Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

RITES signed a Memorandum of Understanding (MoU) with Crisil. The partnership aims at combining RITES' extensive capabilities in transport infrastructure and engineering consultancy with Crisil's strengths in data intelligence, analytics, research, and market insights to deliver integrated, data-driven infrastructure solutions.

Under the MoU, the organisations will jointly explore consultancy assignments and infrastructure opportunities across a wide range of sectors, including railways, metro rail, highways, expressways, airports, ports, ropeways, bridges, tunnels, urban transport, energy, water resources, hydropower, wastewater management, and industrial infrastructure, in India and abroad. The collaboration will focus on strengthening analytical and advisory support for infrastructure projects through market intelligence, data validation, financial due diligence, valuation support, and development of analytical models for consultancy assignments undertaken by RITES.

RITES announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 2.75 per equity Share (i.e. 27.5%) , subject to the approval of the shareholders.

Net profit of Rites declined 2.06% to Rs 129.97 crore in the quarter ended March 2026 as against Rs 132.71 crore during the previous quarter ended March 2025. Sales rose 27.56% to Rs 768.26 crore in the quarter ended March 2026 as against Rs 602.29 crore during the previous quarter ended March 2025.

For the full year,net profit rose 6.62% to Rs 410.27 crore in the year ended March 2026 as against Rs 384.80 crore during the previous year ended March 2025. Sales rose 9.96% to Rs 2415.08 crore in the year ended March 2026 as against Rs 2196.35 crore during the previous year ended March 2025.

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Total expenses for the period under review added up to Rs 617.50 crore, up 42.03% YoY.

Profit before tax in Q4 FY26 stood at Rs 185.75 crore, down by 4.62% from Rs 194.75 crore recorded in Q4 FY25.

The board has recommended a final dividend of Rs 2.75 per equity share (27.50%) on 48,06,03,774 equity shares having a face value of Rs 10 each for the financial year 2025?26.

RITES is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).

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