Ritco Logistics Ltd

Ritco Logistics Ltd

₹ 321 2.25%
03 Jul 11:14 a.m.
About

Incorporated in 2001, Ritco Logistics
Ltd is engaged in Transportation activities[1]

Key Points

Business Overview:[1][2]
RLL is an ISO 9001:2000 certified company and is a third-party logistics (3PL) service provider that provides
logistics services including transportation of cargo and warehousing services. It has a presence in 300+ locations with 50 branches, and 8-9 fleet hubs. It has a fleet size of approx. 296 vehicles as of September 30, 2023, and 3 lakh sq/ft. of warehousing area across 6 states in the country (on lease). Company has a fleet of 1600+ trucks from the market and also hires from the spot market if required (through brokers)

  • Market Cap 785 Cr.
  • Current Price 321
  • High / Low 335 / 165
  • Stock P/E 24.1
  • Book Value 74.2
  • Dividend Yield 0.00 %
  • ROCE 16.7 %
  • ROE 19.7 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Logistics Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
194.58 196.74 207.86 234.64 238.92 251.88
180.98 182.48 191.03 215.77 219.33 232.06
Operating Profit 13.60 14.26 16.83 18.87 19.59 19.82
OPM % 6.99% 7.25% 8.10% 8.04% 8.20% 7.87%
0.46 1.15 0.44 0.99 1.31 1.10
Interest 4.46 4.80 4.96 5.40 5.59 5.79
Depreciation 1.28 1.43 2.44 3.21 3.32 3.43
Profit before tax 8.32 9.18 9.87 11.25 11.99 11.70
Tax % 22.60% 36.06% 27.76% 27.02% 27.94% 25.98%
6.44 5.87 7.14 8.21 8.64 8.65
EPS in Rs 2.64 2.40 2.95 3.39 3.56 3.58
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
748 933
696 858
Operating Profit 52 75
OPM % 7% 8%
3 4
Interest 17 22
Depreciation 5 12
Profit before tax 33 45
Tax % 27% 27%
24 33
EPS in Rs 9.97 13.48
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 34%
Stock Price CAGR
10 Years: %
5 Years: 34%
3 Years: 135%
1 Year: 86%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital 24 24
Reserves 124 157
207 260
9 12
Total Liabilities 365 453
38 63
CWIP 0 0
Investments 0 0
327 390
Total Assets 365 453

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
10 15
-19 -36
17 33
Net Cash Flow 8 12

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 118 115
Inventory Days 0
Days Payable
Cash Conversion Cycle 118 115
Working Capital Days 138 131
ROCE %

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04%
0.00% 0.00% 0.00% 0.00% 0.03% 0.03% 0.03% 0.03% 0.02% 0.03% 0.03% 0.03%
26.96% 26.96% 26.96% 26.96% 26.93% 26.92% 26.94% 26.94% 26.94% 26.93% 26.93% 26.93%
No. of Shareholders 5195405845871,4693,0053,2143,1233,0573,4044,8025,543

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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