Railtel Corporation of India Ltd
RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a "Navratna" PSU of the Government of India. At present, RailTel's network passes through around 6,000 stations across the country, covering all major commercial centers.[1]
- Market Cap ₹ 11,714 Cr.
- Current Price ₹ 365
- High / Low ₹ 618 / 274
- Stock P/E 41.6
- Book Value ₹ 58.8
- Dividend Yield 0.77 %
- ROCE 20.2 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 39.2%
Cons
- Company has a low return on equity of 13.1% over last 3 years.
- Company has high debtors of 180 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Telecomm-Service Industry: Telecommunications - Service Provider
Part of Nifty Smallcap 250 Nifty Smallcap 100 BSE CPSE BSE Allcap BSE Telecommunication
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
572 | 851 | 984 | 986 | 1,081 | 1,337 | 1,522 | 1,957 | 2,568 | 2,903 | |
367 | 595 | 710 | 685 | 747 | 1,010 | 1,154 | 1,578 | 2,103 | 2,424 | |
Operating Profit | 206 | 256 | 273 | 301 | 333 | 328 | 368 | 379 | 464 | 479 |
OPM % | 36% | 30% | 28% | 31% | 31% | 24% | 24% | 19% | 18% | 16% |
70 | 52 | 41 | -6 | -18 | 28 | 76 | 35 | 28 | 34 | |
Interest | 1 | 1 | 2 | 5 | 4 | 2 | 4 | 6 | 6 | 6 |
Depreciation | 81 | 116 | 119 | 112 | 131 | 159 | 160 | 154 | 158 | 161 |
Profit before tax | 194 | 191 | 194 | 179 | 181 | 195 | 280 | 254 | 328 | 347 |
Tax % | 47% | 33% | 19% | 39% | 24% | 28% | 25% | 26% | 25% | |
102 | 128 | 156 | 110 | 138 | 140 | 208 | 188 | 246 | 261 | |
EPS in Rs | 3.18 | 3.99 | 4.87 | 3.42 | 4.31 | 4.37 | 6.49 | 5.87 | 7.67 | 8.14 |
Dividend Payout % | 22% | 40% | 12% | 58% | 49% | 50% | 37% | 43% | 37% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 24% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 24% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 47% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 321 | 321 | 321 | 321 | 321 | 321 | 321 | 321 | 321 | 321 |
Reserves | 763 | 838 | 928 | 963 | 1,040 | 1,082 | 1,195 | 1,328 | 1,506 | 1,567 |
0 | 0 | 0 | 1 | 43 | 0 | 32 | 42 | 46 | 49 | |
1,126 | 1,155 | 1,010 | 870 | 852 | 1,213 | 1,212 | 1,658 | 2,177 | 2,108 | |
Total Liabilities | 2,211 | 2,315 | 2,259 | 2,156 | 2,256 | 2,616 | 2,759 | 3,349 | 4,050 | 4,045 |
711 | 694 | 688 | 790 | 789 | 760 | 775 | 821 | 913 | 936 | |
CWIP | 262 | 360 | 364 | 300 | 253 | 215 | 164 | 157 | 130 | 142 |
Investments | 10 | 0 | 10 | 17 | 10 | 10 | 40 | 40 | 90 | 0 |
1,228 | 1,261 | 1,197 | 1,049 | 1,204 | 1,632 | 1,781 | 2,330 | 2,916 | 2,967 | |
Total Assets | 2,211 | 2,315 | 2,259 | 2,156 | 2,256 | 2,616 | 2,759 | 3,349 | 4,050 | 4,045 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
154 | 374 | 258 | 284 | 556 | |||||
-48 | -135 | -213 | -203 | -419 | |||||
-62 | -110 | -104 | -79 | -77 | |||||
Net Cash Flow | 43 | 130 | -59 | 3 | 60 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 164 | 160 | 173 | 169 | 160 | 208 | 160 | 195 | 180 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 164 | 160 | 173 | 169 | 160 | 208 | 160 | 195 | 180 |
Working Capital Days | -66 | -91 | 1 | -16 | 17 | -6 | 9 | 52 | -19 |
ROCE % | 17% | 16% | 17% | 17% | 14% | 16% | 16% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
23h - RailTel secures Rs. 9.93 crore order for manpower outsourcing.
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Announcement under Regulation 30 (LODR)-Change in Management
9 Nov - Cessation of Independent Director Shri N. Manoharan's tenure.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
8 Nov - RailTel secures Rs. 1,70,25,70,543 order from EPFO.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 Nov - Outcome of Analyst/Investor Group Conference Call on October 30, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
30 Oct - Audio recording link for Analyst/Investor Conference Call.
Annual reports
Concalls
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Nov 2024TranscriptPPT
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Aug 2024TranscriptPPT
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Jul 2024Transcript PPT
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May 2024TranscriptPPTREC
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Jan 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPTREC
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Jun 2023Transcript PPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jul 2021TranscriptPPT
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Mar 2021TranscriptPPT
Overview
It is an ICT provider and is one of the largest neutral telecom infrastructure providers in India owning a Pan-India optic fiber cable network (OFC), which can serve up to 70% of the country’s population. [1] It’s RailWire broadband service is ranked as the 13th largest broadband provider with over 5.8 lakhs subscribers that is the 4th largest in subscriber count in rural areas of India. The company was granted the Navratna status in August 2024. [2] [3] It has executed critical projects of national importance such as BharatNet, National Knowledge Network (NKN), railway signaling, etc. [4]