Case study

RITES

RITES LIMITED

Worth a closer look1y model +0.6%

Each stock's 10,000-path forecast, rendered as light.

55Score

RITES LIMITED (RITES) Stock Analysis & Case Study

Is RITES a good buy? The data-driven verdict.

RITES LIMITED (RITES) trades at ₹234,on the numbers it worth a closer look, a Downstox Snapshot Score of 55/100.

On the numbers, RITES LIMITED (RITES) worth a closer look, a Downstox Snapshot Score of 55/100, weighing premium at 27.0× earnings, ROE of 15.4%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

RITES fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹11,258 Cr
Current price
₹234
P/E ratio
27.0×
P/B ratio
4.19×
Book value
₹56
Dividend yield
2.22%
ROCE
22.0%
ROE
15.4%
Piotroski F-Score
4/8

How RITES ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for RITES, as of 9 Aug 2026, so it is not ranked here.

Is RITES overvalued? RITES P/E vs peers

RITES trades at 27.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

RITES share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.9y of RITES history (13%/yr drift, 39%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RITES 2027₹143₹236₹387+1%
RITES 2028₹117₹237₹479+1%
RITES 2029₹101₹238₹561+2%
RITES 2030₹88₹240₹651+2%
RITES 2031₹78₹241₹742+3%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RITES goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
51%
Higher in 5 years
Modelled chance the price is above today in 5 years
22%
Doubles in 5 years
Modelled chance of reaching ₹468 within 5 years

The bull case for RITES

  • RITES's return on equity of 15.4% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • RITES's return on capital employed of 22.0% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • RITES's dividend yield of 2.2% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹561.

The bear case & risks

  • RITES's P/E of 27.0x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹101.

RITES volatility & expected range, how bumpy is the ride?

Over the last 7.9 years RITES compounded at 13%/year with annualized volatility of 39%. That volatility implies a 1-year 80% range of ₹143-₹387, the honest backbone behind any single price target.

RITES price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 7.9 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.6%
80% range₹143-₹387
P(price ↑)50%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
1.7%
80% range₹101-₹561
P(price ↑)51%
P(price 2×)15%
5-Year Forecast
2031
₹0
Median (P50)
2.8%
80% range₹78-₹742
P(price ↑)51%
P(price 2×)22%

RITES price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RITES simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RITES hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RITES price target & forecast page.

RITES Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RITES scores 4/8, mixed financial health.

RITES MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy RITES with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox33.59%3.0×
Zerodha33.56%3.0×
Groww60.00%1.7×
Dhan33.56%3.0×
Kotak Neo33.56%3.0×
Paytm Money33.64%3.0×
Pocketful33.89%3.0×
Anand Rathi33.56%3.0×
Bajaj Broking38.00%2.6×
Share IndiaCHEAPEST33.51%3.0×

Compare every broker on the RITES MTF page.

About RITES LIMITED: sector, index & market-cap context

RITES LIMITED (RITES) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹11,258 Cr. See more stocks on our screener.

How the RITES Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of RITES LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RITES analysis, FAQs

Is RITES LIMITED (RITES) a good buy?

On the numbers, RITES LIMITED (RITES) worth a closer look, a Downstox Snapshot Score of 55/100, weighing premium at 27.0× earnings, ROE of 15.4%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RITES overvalued or undervalued?

RITES trades at 27.0× earnings, premium versus the ~22× long-run Nifty average.

What is the RITES share price target for 2031?

RITES's probability-weighted 2031 median target is ₹241, with an 80% range of ₹78-₹742 (10,000-path Monte-Carlo).

What is the probability RITES doubles in 5 years?

The modelled probability of RITES reaching ₹468 (2×) within 5 years is 22%.

What is the bull case for RITES?

RITES's return on equity of 15.4% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. RITES's return on capital employed of 22.0% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. RITES's dividend yield of 2.2% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in RITES?

RITES's P/E of 27.0x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

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