Ritco Logistics Ltd
Incorporated in 2001, Ritco Logistics
Ltd is engaged in Transportation activities[1]
- Market Cap ₹ 1,126 Cr.
- Current Price ₹ 398
- High / Low ₹ 424 / 189
- Stock P/E 31.0
- Book Value ₹ 105
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 19.8 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -9.92%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 748 | 931 | 1,022 | |
| 696 | 856 | 941 | |
| Operating Profit | 52 | 75 | 81 |
| OPM % | 7% | 8% | 8% |
| 3 | 4 | 5 | |
| Interest | 17 | 22 | 22 |
| Depreciation | 5 | 12 | 14 |
| Profit before tax | 33 | 45 | 50 |
| Tax % | 27% | 27% | |
| 24 | 33 | 36 | |
| EPS in Rs | 9.97 | 13.48 | 14.47 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 107% |
| 1 Year: | 55% |
| 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 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 24 | 24 | 28 |
| Reserves | 124 | 157 | 270 |
| 207 | 260 | 233 | |
| 9 | 12 | 15 | |
| Total Liabilities | 365 | 453 | 546 |
| 38 | 63 | 98 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 |
| 327 | 390 | 447 | |
| Total Assets | 365 | 453 | 546 |
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 | 116 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 118 | 116 |
| Working Capital Days | 138 | 130 |
| ROCE % | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Nov - Ritco Logistics reports strong Q2 FY25 performance.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Publication pertaining to unaudited financial results of the Company for the quarter and half year ended 30th September 2024
-
Statement Of Material Deviations As Per Regulation 32(1) Of SEBI
(LODR) Regulations, 2015
13 Nov - Submission of Statement of Material Deviations as per SEBI regulations.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held Today I.E On 13Th November, 2024
13 Nov - Board approved unaudited financial results for Q2 2024.
-
Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September, 2024 Along With Limited Review Report
13 Nov - Board approved unaudited financial results for Q2 2024.
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)