RITCOServices

Ritco Logistics Limited

Logistics Solution Provider · ISIN INE01EG01016 · BSE 542383 · NSE EQ · FV ₹10
Last price
₹299
+1.54%today
What this company does

Ritco Logistics Limited operates in Logistics Solution Provider, part of the Services sector. It booked ₹365 cr of revenue in its latest quarter (Q1 FY27) and kept 1.5% of sales as profit.

In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 29–116 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns38

How much profit it earns on the money it employs

Balance sheet19

How much it owes, and whether earnings cover the interest

Cash quality8

Whether reported profit actually arrives as cash

Growth & consistency82

Whether sales and profit have grown, and how steadily

Valuation0

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 63%
No promoter shares pledged
Watch-outs
! Thin 1.5% net margin
! Profit down 43% vs last year
! Low 6.0% return on equity
! Carries high debt (D/E 1.3)
! Operating cash flow is negative

What if I invest in RITCO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹299 +1.54%
latest close · 2026-09-17
52-wk low ₹11296 sessions so far52-wk high ₹331
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio39.0High
LowAverageHigh
P/B ratio2.35Moderate
Below bookModerateHigh
EV / EBITDA13.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.0%Weak
WeakFairStrong ▸15%
Return on capital11.3%Fair
WeakFairStrong
Net margin1.5%Thin
ThinDecentStrong
EBITDA margin6.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.31High
LowModerateHigh ▸1
Interest cover2.1×Okay
RiskyOkayStrong ▸5×
Current ratio1.53Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹857 cr
Book value
₹127
EPS
₹1.92
latest quarter
Net debt
₹452 cr
owes more than its cash
Enterprise value
₹1,308 cr
EBITDA
₹94 cr
annualised
EBIT
₹54 cr
annualised
Operating margin
3.7%
Return on assets
2.6%
Earnings yield
2.57%
P/S
0.59
Sales / share
₹510.2
Tax rate
49.8%
Face value
₹10
Shares
2.9 cr
Working capital
₹206 cr
Current assets
₹594 cr
Current liabilities
₹388 cr
Delivery %
56.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹123 vs market price ₹299 — price is 144% above it
Safety cushion-143.6%(target ≥ +20%)
Models span ₹86₹186, midpoint ₹123
Model ₹123
Price ₹299
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹365 cr
Other Income₹2 cr
Total Income₹367 cr
Cost of Materials₹318 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹16 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹10 cr
Other Expenses₹9 cr
Total Expenses₹360 cr
Profit before Tax₹7 cr
Tax Expense₹3 cr
Net Profit₹3 cr
Net margin on total income0.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹318 cr86.7%
Employee benefit expense₹16 cr4.5%
Finance costs₹7 cr1.8%
Depreciation & amortisation₹10 cr2.8%
Other expenses₹9 cr2.3%
Tax expense₹3 cr0.9%
Profit for the period₹3 cr0.9%
Total income ₹367 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue393 cr392 cr365 cr
Total income394 cr394 cr367 cr
Expenses379 cr388 cr360 cr
Profit before tax15 cr6 cr7 cr
Tax5 cr2 cr3 cr
Net profit (owners' share)11 cr6 cr6 cr
Net margin (owners' share, on revenue)2.7%1.5%1.5%
EPS (₹)3.371.961.92
YoY (latest quarter): total income +3.1% · net profit -43.3%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹862 cr
Shareholder equity
₹364 cr
parent shareholders
Total debt
₹470 cr
Cash
₹18 cr
Cash flow · H1 FY26
Operating
₹-23 cr
Investing
₹-25 cr
Financing
₹49 cr
Peer comparison
Logistics Solution Provider · by market value
CompanyPriceMarket capP/E
Container Corporation of India Limited₹488₹37,178 cr34.6
Delhivery Limited₹426₹31,897 cr247.6
Shadowfax Technologies Limited₹252₹14,724 cr56.7
Blue Dart Express Limited₹4,811₹11,417 cr32.3
Shiprocket Limited₹121₹7,694 cr
Transport Corporation of India Limited₹827₹6,364 cr15.0
TVS Supply Chain Solutions Limited₹130₹5,743 cr69.2
VRL Logistics Limited₹288₹5,037 cr15.6
Mahindra Logistics Limited₹390₹3,865 cr38.0
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
62.7%
FII / Foreign
0.0%
DII / Domestic
2.7%
Retail / others
34.0%
Promoter stake down 10.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtGautam Mukherjee · Key Managerial Personnel5,000 · ₹10.0 L22 Aug 22
Bulk / block deals
SoldRIDDHI ANKIT DOSHI · NSE2.00 L @ ₹295.0227 Jul 26
BoughtSETU SECURITIES PVT LTD · NSE3.00 L @ ₹27519 Jun 26
SoldA AND S TRADELINK · NSE1.50 L @ ₹275.0919 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 17 Mar 2026
See the official result
1
APPROVAL FOR AMENDMENT OF COMPANY’S EMPLOYEE STOCK OPTION PLAN TO PROVIDE VESTING FLEXIBILITY TO THE COMPENSATION COMMITTEE
Backed by 100% of shareholders other than promotersneeded 75%
9.59 L votes for, 9 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 62.7% between them · as of 2026-06-30
Man Mohan Pal Singh Chadha30.68%
Sanjeev Kumar Elwadhi16.70%
Ritco Leasing And Finance Pvt Ltd14.12%
Shyam Sunder Elwadhi0.53%
Tanya Rajpal0.53%
Manmohan Singh Chadha Huf0.14%
Roma Wadhwano shares
Business done with them
FY2025 · 2 of the group
The company paid ₹60 L to companies in the promoter group last year — about 0.1% of its ₹1,190 cr revenue.
MAN MOHAN PAL CHADHA SINGH
Other payments to them · Remuneration
also owns 30.68% of the company
₹30 L
company paid
Sanjeev Kumar Elwadhi
Other payments to them · Remuneration
also owns 16.70% of the company
₹30 L
company paid

The company also transacted with 1 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹74.1 L raised in May 2025 by equity shares issued upon exercise of the convertible warrants

The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet.

₹100 cr raised in Jul 2024 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.