RITES final dividend ex-date due tomorrow, investors to get Rs 2.65 per share; last day today to trade

RITES announced a final dividend of ₹2.65 per share, with the ex-date due tomorrow, September 17, 2025. This makes today the last day to trade the stock before it turns ex-dividend; investors who own the stock today will be eligible for the dividend payout.

RITES' shares last traded at ₹275.14, marking a 2.70% increase compared to the previous day's closing price. This dividend announcement follows a period of fluctuating financial performance for the company.

RITES, a transport infrastructure consultancy and engineering firm, has a market capitalization of approximately ₹13,223.33 crore. The dividend payout reflects the company's commitment to rewarding shareholders amidst evolving financial dynamics.

Net profit for the quarter ending June 2025 was ₹88.52 crore, a marginal increase from ₹88.27 crore in June 2024. The net profit peaked at ₹137.63 crore in March 2025. Earnings per share (EPS) for June 2025 were reported at ₹1.67.

Looking at the yearly performance, the company's revenue has seen a decline over the past five years. The revenue for the year 2025 was ₹2,217.81 crore, compared to ₹2,452.85 crore in 2024, ₹2,628.27 crore in 2023, ₹2,661.83 crore in 2022, and ₹1,859.54 crore in 2021.

The net profit also showed a similar downward trend, with ₹411.43 crore in 2025, ₹489.73 crore in 2024, ₹570.00 crore in 2023, ₹537.86 crore in 2022, and ₹443.14 crore in 2021. The EPS for 2025 stood at ₹8.01, significantly lower than the previous years.

Key financial ratios indicate a changing landscape. The book value per share (BVPS) for 2025 was ₹54.93, a notable decrease from ₹113.23 in 2024. The return on equity (ROE) was 16.04% in 2025. The company maintains a debt-to-equity ratio of 0.00, indicating a low level of debt.

RITES' announcement of a final dividend, coupled with its current market performance and underlying financial data, presents a mixed picture for investors. While the dividend provides an immediate return, the declining revenue and profit trends warrant a closer examination of the company's strategic direction and operational efficiencies.