RITES Limited — PPTs, 28-01-2025: Investor Presentation

**Financial Highlights:**

In Q3FY25, RITES reported a revenue of ₹475 Cr, marking a 16.5% increase from the previous quarter, while profit before tax (PBT) grew by 25.0% to ₹86 Cr. Net profit after tax (PAT) climbed 32.5% to ₹65 Cr. However, year-over-year comparisons showed a decline, attributed to lower exports, Turnkey, and Quality Assurance revenues, with consolidated total revenue down 15.7% from Q3FY24.

**Strategic Initiatives and Growth Drivers:**

The company signed several memorandums of understanding (MoUs), notably with NISE for quality assurance in the renewable sector and SAIL for rail connectivity works. RITES declared a third interim dividend of ₹1.90 per share, bringing the total interim dividend for the period to ₹4.90.

**Business Developments:**

RITES achieved its highest ever order book of ₹7,978 Cr and secured over 110 orders worth ₹1,933 Cr in Q3FY25 alone. This includes significant consultancy contracts across infrastructure projects nationally and internationally.

**Market Position and Competitive Advantage:**

Despite disruptions in certain segments, RITES maintains a solid market position with a diversified order book and recent project wins highlighting its competitive edge in consultancy and turnkey projects.

**Investor Implications:**

The robust order inflow and strategic partnerships underpin a positive outlook for RITES, although investors should monitor export and consultancy revenue fluctuations due to geopolitical factors. Overall, the company is positioned for potential growth as it continues to diversify its project portfolio.