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Balance sheet of Rites is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Rites is decreasing.
Latest net debt of Rites is -₹6,750.23 Crs as of Mar-25.
This is less than Mar-24 when it was -₹6,282.65 Crs.
The profit is oscillating.
The profit of Rites is ₹412 Crs for TTM, ₹385 Crs for Mar 2025 and ₹455 Crs for Mar 2024.
The company seems to pay a good stable dividend.
Rites latest dividend payout ratio is 94.3% and 3yr average dividend payout ratio is 93.39%
Companies resources are majorly tied in miscellaneous assets