RITCO LOGISTICS

NSE: RITCOBSE: 542383
Compare with peers
₹ 262.20▼ 4.4 (−1.65%)28 Oct, 03:29 pm IST
Market cap
₹ 736 Cr.
P/E
23.2x
P/B
2.09x
52-week range
167.1 – 331.15
ROE
10%
ROCE
10%
Dividend yield
0%
Debt / equity
1.3
Sector
Transport Services
Industry
Logistics Solution Provider
Listed on
NSE, BSE

About

Ritco Logistics Limited is an India-based company, which is engaged in transportation activities. The Company provides a range of services, such as contract logistics, full truck load (FTL) transportation, warehousing, and distribution, and fleet management. Its contract logistics services include a warehouse management system, business-to-business (B2B) logistics management, free zone trans-shipment documentation, and storage facilities. Its warehousing and distribution offer various trucking solutions, including end-to-end warehousing and distribution logistics, from its network of storage facilities. It also provides assembly and kitting services, including sorting, stuffing, tagging, labeling, and packaging. It offers tech-enabled third-party logistics (3PL) services to a range of industries. The Company has various fleet centers all over India to deliver logistics services. Its fleet management focuses on vehicle maintenance, driver satisfaction, cost control, and others.

Quick check

The five things to look at first. Open one for more.

RITCO LOGISTICS against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)23.2 against a typical 16.3: pricier than most peers (1st = cheapest).51st of 82
  • Sales growth+3% against a typical +15.2% from a year earlier.49th of 65
  • Profit growth−61.2% against a typical +4.8% from a year earlier.47th of 51
  • Share price, 3 months−12.5% against a typical −6.1%.53rd of 75
  • Size₹ 736.1 Cr. market value against a typical ₹ 127.3 Cr. (1st = largest).19th of 82

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated A- to BBB+ by 2 agencies
BBB+
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CRISILCrisil A-Stable13 Aug 2026
ICRA[ICRA]BBB+Stable29 Jan 2026
Credit rating actions
RatingDetails
13 Aug 2026
Reaffirmed
Crisil A-—CRISIL₹ 720 Cr.
15 May 2026
Reaffirmed
Crisil A-—CRISIL₹ 480 Cr.
29 Jan 2026
Rating action
[ICRA]BBB+—ICRA₹ 381.75 Cr.
18 Nov 2025
Reaffirmed
Crisil A-—CRISIL₹ 480 Cr.
31 Oct 2025
New rating
Crisil A-—CRISIL₹ 132 Cr.

Research by Minerva Capital Research Solutions

Our research team's work on RITCO LOGISTICS

Also covered in

IPO note · 24 Oct 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
31 Aug 2026Other business mattersTo consider other business matters
13 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
4 Aug 2026Other business mattersThe next Board Meeting of the Company is scheduled to be held on Tuesday, 4th August, 2026 at 04:30 p.m. at the Corporate Office of the Company at 336, Udyog Vihar, Phase-2, Gurgaon-122016 to:- To consider and approve the appointment of Mr. Ranu Jain as an Additional Director (Non-Executive Cum Independent director) for the term of 5 years subject to the approval of shareholder.
27 May 2026Financial ResultsTo consider and approve the Audited standalone and consolidated financial results of the Company for the quarter and financial year ending March 31, 2026
26 Mar 2026Other business mattersSeparate Board Meeting of Independent Directors to be held on Thursday, March 26, 2026 to consider the businesses as mentioned in the intimation letter
11 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025

Share price

1Y change +2.66%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales235239252252279313345354360393392365
Expenses216219232232258290320329335365372343
Operating Profit192020202223262526272022
OPM %8%8.2%7.9%7.9%7.7%7.3%7.4%7.1%7.2%7%5.1%6%
Other Income111111211122
Interest566655676777
Depreciation3333445778910
Profit before tax1112121214151613141567
Tax %27%27.9%26%27%27.8%30.9%28.6%32.9%31.7%33.6%36.3%49.9%
Net Profit8999101012991043
EPS in Rs3.393.563.583.593.743.834.233.393.543.711.961.92

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
26%
TTM
17%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
14%
TTM
−26%
Stock Price CAGR
10 Years
—
5 Years
62%
3 Years
11%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
15%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
62.69%
+0.4 pts in a year
FIIs
0.03%
−0.19 pts in a year
DIIs
2.73%
−0.13 pts in a year
Public
34.02%
+0.22 pts in a year
Others
0.53%
−0.3 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 23.2xEPS (12 months) ₹ 11.13Median P/E 21.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
RITCO LOGISTICS₹ 262.20₹ 736 Cr.23.2x2.1x10%—
Delhivery₹ 370.00₹ 27,724 Cr.226x3.8x1.6%1.5%
Urban Company₹ 132.65₹ 20,457 Cr.—8.9x−11.9%−15.1%
Indegene₹ 570.00₹ 13,763 Cr.29.5x3.9x13.9%11.4%
BLS International Services₹ 208.70₹ 8,593 Cr.14.2x3.9x32.7%24.1%
Axiscades Technologies₹ 1,915.00₹ 8,154 Cr.83.3x9.1x10.5%6.2%

Management

Manmohan Pal Chadha Singh Chadha
Whole Time Chairman of the Board, Interim Chief Financial Officer
Sanjeev Kumar Elwadhi
Chief Executive Officer, Managing Director, Executive Director
Balvinder Singh Banga
Chief Technology Officer
Gitika Arora
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.