Ridings Consulting Engineers India Ltd

Ridings Consulting Engineers India Ltd (541151)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return161.58 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 89
Rank 91
Rank 110
Dividend Yield
Rank 25
Rank 133
Price To Book Ratio
Rank 67
Debt To Asset
Rank 106

Company Information

Ridings Consulting Engineers India Limited was originally incorporated as a private limited company with the name Ridings Consulting Engineers India Private Limited on December 28 1995. Further the Company changed its name by deleting India word from Companys name consequently name of company was changed to Ridings Consulting Engineers Private Limited on February 09 2009. Furthermore the Company has changed its name by adding India word in Companys name consequently name of company was changed from Ridings Consulting Engineers Private Limited to Ridings Consulting Engineers India Private Limited on February 22 2011. Further the Company was converted into Public Limited Company and consequently name of company was changed to Ridings Consulting Engineers India Limited on November 24 2017. The Company was originally promoted by Mr. Sain Ditta Baveja Late Mrs. Savitri Baveja and Mr. Sudhir Kumar Baveja who were the initial subscribers to the Companys Memorandum and Articles of Association in the year 1995. Presently Mr. Sain Ditta Baveja and Mr. Sudhir Kumar Baveja are Promoters of the Company.The Company is engaged in Geospatial Services which includes Sub Surface Utility Engineering SUE Survey/ Groundpenetrating radar GPR Survey Geographic Information Systems and Geospatial database development GIS Mapping Solution Geospatial Marketing consulting and planning Training GIS/ AutoCAD/ Arc Suite/ GPR/ EPL DGPS/Total Station Geographic Information Systems for Utilities Power Water Telecom and Land surveying and Geospatial Data Digital large Scale Geospatial Data etc. Basically Geographic Information Systems GIS applications including mapping of utilities such as electrical network telecom network water supply and sewerage systems. It also provide services in the field such as GPR Ground Penetrating Radar / Sue Survey Navigation Survey Property Tax Surveys Land Usage Surveys Investigative Surveys gather competition market penetration data Socio Economic Surveys Geospatial Application Development and Services which directly provide services to various private sector Semi Government Government entities in field of telecom oil and gas public utilities etc. in India Bahrain and other gulf countries.The Company is an ISO 9001:2015 certified company for providing training and services in the field of Topographical Ground Survey Cartography Digitization Data Base Software Development/Customization GIS Development all type of Engineering Survey/design and Remote sensing and Digital Photogrammetry applications. Ridings consists of team which provides professional services that are customized to make its principals businesses a success in India as well as out of India.Ridings is a professionally run company with accountable leaders for each profit center and operations. The companys management team has vast experience of executing projects that involve latest GIS technologies like GPR etc. has been instrumental in determining the vision and growth strategies for the Company. It is dynamic team that empowers the company to provide a unique blend of outsourcing experience to their clients.The increasing number of clients in India as well as outside India and vast portfolio of projects executed in India and Middle East which made Ridings a wellknown name and also ready for bidding projects internationally through association with foreign parties. Ridings started bidding for the International projects or rather overseas projects and it was an International bid in 2006 for Ministry of Water and electricity Bahrain which selected Ridings to execute the GIS mapping of the Zone Detecting and Surveying the entire Water and Electricity Distribution and Transmission Network through Geophysical Surveys project using GPR along with other equipments.The Company execute the services offered from start to end i.e. without dependency on subcontracting of any GIS activity including data collection back office processing and analysis software development especially in view of major role of geospatial industry in the development of the country especially after launch of smart city and other projects and fill the void as the country does not possess underground utility mapping for most of the towns. With the vast experience in Mapping Underground Utilities Assets SUE. It is in unique position to not only to address new opportunities internationally but also enhance its market share and current position of surveying.
OrganisationRidings Consulting Engineers India Ltd