Ritco Logistics Limited
NSE: RITCO · Logistics Solution Provider · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹27 cr vs borrowings ₹470 cr (FY26): borrowings are higher by ₹442 cr.
- Borrowings rose in each of the last 3 years (₹206 cr → ₹470 cr).
- Operating profit covered interest 2.6x in the last 12 months.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 20% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹259.65 on 2026-10-26: -21.6% from the 52-week high, +55.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 313 | 345 | 354 | 360 | 393 | 392 | 365 |
| EBITDA | 22 | 25 | 26 | 25 | 26 | 27 | 20 | 22 |
| OPM % | 7.7% | 8.0% | 7.4% | 7.1% | 7.2% | 7.0% | 5.1% | 6.0% |
| Other income | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 2 |
| Net profit | 11 | 13 | 12 | 10 | 10 | 11 | 6 | 6 |
| EPS (₹) | 3.99 | 4.88 | 4.24 | 3.13 | 3.26 | 3.37 | 1.96 | 1.92 |
| Revenue YoY | +29.1% | +25.5% | +13.4% | +3.0% | ||||
| Profit YoY | -4.4% | -18.4% | -50.3% | -43.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 593 | 751 | 933 | 1,190 | 1,499 | 1,510 |
| EBITDA | 41 | 52 | 75 | 90 | 98 | 95 |
| Net profit | 16 | 24 | 33 | 42 | 36 | 32 |
| EPS (₹) | 13.30 | 9.94 | 13.34 | 14.99 | 12.59 | 10.51 |
| Revenue growth | +26.6% | +24.2% | +27.5% | +26.0% | +16.9% | |
| Profit growth | +50.2% | +34.9% | +27.9% | -14.8% | -28.9% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +25.9% | – | +16.9% |
| Net profit | +13.7% | – | -28.9% |
| EPS | +8.2% | – | – |
| Share price | – | -14.0% (2y) | +3.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 149 | 183 | 323 | 364 |
| Borrowings | – | 206 | 259 | 313 | 470 |
| Cash & equivalents | – | 3 | 48 | 20 | 27 |
| Total assets | – | 365 | 453 | 652 | 862 |
| Fixed assets | – | 38 | 63 | 147 | 210 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 242 | 295 | 375 | 495 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 4 | 3 | 4 | 6 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -29 | 10 | 15 | -16 | -33 |
| Cash from investing | 6 | -19 | -36 | -93 | -90 |
| Cash from financing | 22 | 17 | 33 | 129 | 134 |
| Capex | 1 | 21 | 39 | 99 | 91 |
| Free cash flow | -30 | -10 | -24 | -115 | -125 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.5% | 18.0% | 13.1% | 9.9% |
| ROCE % | – | 14.1% | 15.0% | 12.5% | 8.9% |
| Debtor days | – | 118 | 115 | 115 | 121 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 2 | 2 | 1 | 2 |
| Cash conversion cycle (days) | – | 116 | 113 | 114 | 119 |
| Working capital days | – | 47 | 66 | 67 | 50 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 62.68% |
| FIIs | 0.34% |
| DIIs | 2.45% |
| Public (non-institutions) | 33.99% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 62.29% | 62.29% | 62.29% | 62.68% | 62.68% | 62.68% | 62.68% | 62.68% |
| Promoter group | % |
|---|---|
| Man Mohan Pal Singh Chadha | 30.68% |
| Sanjeev Kumar Elwadhi | 16.70% |
| Ritco Leasing And Finance Pvt Ltd | 14.12% |
| Shyam Sunder Elwadhi | 0.53% |
| Tanya Rajpal | 0.53% |
| Manmohan Singh Chadha HUF | 0.14% |
| Roma Wadhwa | 0.00% |
| Public holders above 1% | % |
|---|---|
| Mncl Capital Compounder Fund 2 | 1.82% |
| Anushree Himanshubhai Shah | 1.55% |
| Vrushali Himanshu Shah | 1.55% |
| Kavish Vaibhav Shah | 1.52% |
| Deepinder Singh Poonian | 1.22% |
| Madhu Silica Pvt Ltd | 1.15% |
| Riddhi Siddhi Gluco Biols Limited | 1.14% |
| Setu Securities Pvt Ltd | 1.05% |
9,863 shareholders. Pledged: – of promoter shares.
Peers in Logistics Solution Provider
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CONCOR | ₹31,348 cr | 25.1x | 2.4x | 9.8% | 13.2% | 21.6% | +3.6% | 2.22% |
| DELHIVERY | ₹28,082 cr | 300.0x | 2.9x | 1.0% | 2.2% | 5.5% | +13.3% | – |
| SHADOWFAX | ₹16,722 cr | 128.7x | 9.6x | 6.4% | 7.5% | 5.0% | – | – |
| BLUEDART | ₹10,124 cr | 35.3x | 5.7x | 17.2% | 23.6% | 15.3% | +5.9% | 0.59% |
| TCI | ₹6,508 cr | 14.2x | 2.5x | 19.4% | 15.8% | 10.6% | +9.1% | 1.08% |
| TVSSCS | ₹4,879 cr | 75.7x | 2.4x | 3.4% | 8.3% | 7.0% | – | – |
| VRLLOG | ₹4,687 cr | 17.6x | 4.1x | 24.0% | 28.1% | 20.4% | +6.7% | 3.73% |
| MAHLOG | ₹3,871 cr | 104.6x | 3.3x | 4.8% | 11.9% | 5.5% | +10.9% | 0.46% |
| AFCOM | ₹3,781 cr | 18.9x | 8.3x | 54.4% | 45.9% | 35.1% | – | – |
| RITCO | ₹743 cr | 24.7x | 2.0x | 9.4% | 8.1% | 6.3% | +25.9% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-23 | Other | Annual General Meeting |
| 2024-07-12 | Other | Extra-Ordinary General Meeting |
| 2023-10-19 | Other | Extra Ordinary General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-19 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Logistics Solution Provider |
| Sub-industry | Logistics Solution Provider |
| Symbol | RITCO |
| BSE code | 542383 |
| ISIN | INE01EG01016 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.