---
title: "Ritesh Exports Ltd (512575) — Share Price, Financials & Analysis"
symbol: "512575"
company: "Ritesh Exports Ltd"
canonical: "https://tapetide.com/stocks/512575"
bse_code: "512575"
generated_at: "2026-10-13T11:01:09.969Z"
---

# Ritesh Exports Ltd (512575)

Canonical page: https://tapetide.com/stocks/512575

## Company

- **BSE Code:** 512575
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Ritesh Exports Limited is engaged in grey cloth dealing activities.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 33% | -5% | 2% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 826 | 808 | 1048 | 1059 | 1357 | 1405 | 1515 | 1262 | 1056 | 1141 | 1202 | 1335 |
| Expenses | 440 | 487 | 605 | 661 | 827 | 935 | 843 | 766 | 713 | 866 | 786 | 806 |
| Operating Profit | 386 | 320 | 443 | 398 | 530 | 470 | 672 | 496 | 343 | 275 | 415 | 529 |
| OPM % | 47 | 40 | 42 | 38 | 39 | 33 | 44 | 39 | 32 | 24 | 35 | 40 |
| Other Income | 5 | 4 | 1 | 2 | 1 | 5 | 1 | 2 | 2 | 3 | 2 | 3 |
| Interest | 21 | 18 | 26 | 36 | 56 | 56 | 75 | 84 | 80 | 83 | 93 | 127 |
| Depreciation | 9 | 9 | 11 | 13 | 17 | 23 | 26 | 27 | 29 | 30 | 31 | 32 |
| Profit before tax | 362 | 297 | 407 | 351 | 459 | 397 | 572 | 387 | 236 | 164 | 294 | 373 |
| Tax % | 26 | 26 | 25 | 26 | 26 | 26 | 26 | 27 | 26 | 30 | 28 | 28 |
| Net Profit | 267 | 221 | 304 | 260 | 340 | 293 | 423 | 281 | 175 | 114 | 212 | 269 |
| EPS in Rs | 3.2 | 2.63 | 3.63 | 3.1 | 4.05 | 3.25 | 4.7 | 3.12 | 1.93 | 1.26 | 2.33 | 2.96 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.02 | 0.01 | 0 | 0 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Operating Profit | -0.02 | -0.01 | 0 | 0 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| Other Income | 0 | 0 | 0 | -0.02 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.05 | 0.16 | 0.11 | 0.08 |
| Profit before tax | -0.11 | -0.1 | -0.09 | -0.1 | -0.09 | -0.1 | -0.06 | -0.17 | -0.12 | -0.09 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.11 | -0.1 | -0.09 | -0.1 | -0.09 | -0.1 | -0.07 | -0.17 | -0.12 | -0.08 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves | -3.01 | -3.11 | -3.2 | -3.31 | -3.41 | -3.51 | -3.58 | -3.74 | -3.86 | -3.94 |
| Borrowings | 0.92 | 0.9 | 0.79 | 0.82 | 0.82 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 |
| Other Liabilities | 0.08 | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.08 |
| Total Liabilities | 1.24 | 1.12 | 0.91 | 0.83 | 0.74 | 0.68 | 0.61 | 0.44 | 0.33 | 0.25 |
| Fixed Assets | 1.07 | 0.98 | 0.88 | 0.75 | 0.67 | 0.58 | 0.53 | 0.37 | 0.26 | 0.18 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.17 | 0.14 | 0.03 | 0.08 | 0.07 | 0.1 | 0.08 | 0.07 | 0.07 | 0.07 |
| Total Assets | 1.24 | 1.12 | 0.91 | 0.83 | 0.74 | 0.68 | 0.61 | 0.44 | 0.33 | 0.25 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | -0.01 | 0.09 | -0.1 | 0.02 | 0 | 0 | — | -0.01 | -0.01 |
| Cash from Investing Activity | 0 | 0 | 0 | 0.05 | 0 | 0 | 0 | — | 0 | 0 |
| Cash from Financing Activity | -0.02 | -0.02 | -0.1 | 0.02 | 0 | 0 | 0 | — | 0.01 | 0.01 |
| Net Cash Flow | -0.03 | -0.03 | -0.01 | -0.03 | 0.02 | 0 | 0 | — | 0 | 0 |
| Free Cash Flow | -0.01 | -0.01 | 0.09 | -0.05 | 0.02 | 0 | 0 | — | -0.01 | -0.01 |
| CFO/OP | 50 | 100 | — | — | -200 | 0 | 0 | — | 100 | 100 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROCE % | -8.13 | -9.09 | -9.57 | -10 | -12.68 | -15.87 | -10.62 | -37.78 | -38.71 | -42.86 |

## Shareholding Pattern

### annual

| Category | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 44.55% | 44% | 38.48% | 38.21% | 35.55% | 28.87% |
| FIIs | 5.01% | 8.96% | 16.61% | 17.27% | 13.05% | 12.45% |
| DIIs | 11.97% | 10.33% | 9.73% | 9.49% | 14.27% | 18.11% |
| Public | 38.47% | 36.72% | 35.17% | 35.02% | 37.12% | 40.57% |
| No. of Shareholders | 46605 | 101028 | 142320 | 200355 | 402193 | 327994 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 38.48% | 38.3% | 38.26% | 38.23% | 38.21% | 35.63% | 35.61% | 35.57% | 35.55% | 28.97% | 28.92% | 28.87% |
| FIIs | 16.61% | 17.04% | 16.82% | 19.11% | 17.27% | 15.36% | 12.27% | 13.81% | 13.05% | 14.66% | 13.11% | 12.45% |
| DIIs | 9.73% | 10.25% | 10.41% | 9.32% | 9.49% | 14.03% | 12.73% | 14.32% | 14.27% | 16.43% | 14.87% | 18.11% |
| Public | 35.17% | 34.42% | 34.52% | 33.33% | 35.02% | 34.99% | 39.39% | 36.28% | 37.12% | 39.93% | 43.11% | 40.57% |
| No. of Shareholders | 142320 | 129211 | 131876 | 155194 | 200355 | 270528 | 381346 | 355598 | 402193 | 325965 | 383581 | 327994 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 382.45 | Sell |
| EMA (10) | 376.75 | Sell |
| SMA (20) | 381.37 | Sell |
| EMA (20) | 372.11 | Buy |
| SMA (50) | 331.44 | Buy |
| EMA (50) | 342.49 | Buy |
| SMA (100) | 300.34 | Buy |
| EMA (100) | 310.03 | Buy |
| SMA (200) | 259.57 | Buy |
| EMA (200) | 277.5 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.99 | Neutral |
| MACD (12,26,9) | 10.58 | Sell |
| Stochastic (14,3,3) | 39.29 | Neutral |
| ADX (14) | 23.44 | Neutral |
| Williams %R (14) | -57.05 | Neutral |
| ATR (14) | 17.67 | High Volatility |
| ROC (12) | 2.21 | Buy |
| Stoch RSI (14) | 21.96 | Neutral |
| UO (7,14,28) | 54.51 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-06 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/xml-data/corpfiling/AttachLive/19dfef1d-e41d-4132-92c3-9dcc2ba49f4f.pdf) |
| 2026-03-06 | [Intimation Of Grant Of Options Under Angel Broking Employee Long Term Incentive Plan 2021](https://www.bseindia.com/xml-data/corpfiling/AttachLive/57591ac7-79dd-4208-b44f-6ee91430f9d7.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/xml-data/corpfiling/AttachHis/993f3b02-a253-4bba-b5c2-b8a48b8c434b.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4726576-86d1-46bc-a885-5c3dfe048d8c.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12f11add-6a87-454b-8dd4-2d419781cacd.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a432aa3b-acfd-48bd-b76c-602f9f536cdc.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b0f5c79-65c8-4580-abec-3e5ea97cce21.pdf) |
| 2026-02-18 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a67e372b-9eda-4e9b-a110-9ed5bbfe4179.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17a9da7e-7dfd-42e5-9144-6cac12df3e3d.pdf) |
| 2026-02-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7544bb14-d67b-43ea-b13e-b97f4d4a0901.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39c25002-bc15-4845-8714-4edd9811f6af.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b04f1756-3d4e-4b07-9917-54a6664500be.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/36cfd4ef-c9ff-4142-850d-cc014c9f4810.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/543235/72977543235_12_05_22.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/543235/68537543235_11_06_21.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | Concall - Jan 2026 |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7526f25-58d5-4394-839e-9f04e1aae932.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f99841a-fad1-41fc-b4c8-1ff91116088b.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ebcf1bb-5cf8-4158-aab1-704302c336f2.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06fe7a6a-ba77-43f3-bbda-6b012f2b5fae.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1eca235-9203-481b-98cc-eed98adeb76b.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d02cb7ee-5eaa-4dca-bf4a-6c0a6d92daff.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/abab60d3-b041-422f-9335-ca199b8b3dcc.pdf) |
| Jul 2024 | Concall - Jul 2024 |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd284372-86d3-4a07-9791-846445c47ce3.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-03-11 | Credit rating update — CARE Ratings |
| 2026-02-06 | Credit rating update — Brickwork Ratings |
| 2026-01-23 | Credit rating update — CRISIL |
| 2025-12-15 | Credit rating update — Brickwork Ratings |
| 2025-12-09 | Credit rating update — CRISIL |
| 2025-12-02 | Credit rating update — ICRA |
| 2025-08-22 | Credit rating update — ICRA |
| 2025-08-20 | Credit rating update — CARE Ratings |
| 2025-04-29 | Credit rating update — CRISIL |
| 2025-03-26 | Credit rating update — CARE Ratings |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:09.969Z.
