Rail Vikas Nigam Ltd

₹ 406 1.55%

05 Feb - close price

About

Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway. ^[1] ^[2]

Key Points

Business Overview
Company and its subsidiaries are engaged in the business of implementing various types of Rail infrastructure projects assigned by the Ministry of Railways (MoR) including doubling (including 3rd/4th lines), gauge conversion, new lines, railway electrification, major bridges, workshops and production units. ^[1]

Website BSE NSE

Market Cap ₹ 84,693 Cr.
Current Price ₹ 406
High / Low ₹ 647 / 213
Stock P/E 62.8
Book Value ₹ 42.2
Dividend Yield 0.52 %
ROCE 18.4 %
ROE 19.7 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has been maintaining a healthy dividend payout of 31.8%

Cons

Stock is trading at 9.64 times its book value
Earnings include an other income of Rs.1,226 Cr.
Promoter holding has decreased over last 3 years: -5.36%

* 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: Infrastructure Developers & Operators Industry: Construction

Part of BSE 400 MidSmallCap Index Nifty 500 Multicap 50:25:25 Nifty MidSmallcap 400 BSE MidCap Nifty LargeMidcap 250 BSE CPSE BSE Industrials BSE 150 MidCap Index BSE India Infrastructure Index BSE Allcap Nifty 500 Nifty Alpha 50 Nifty Midcap 100 BSE Dollex 200 BSE Capital Goods Nifty 200 BSE PSU Nifty Midcap150 Momentum 50 Nifty Midcap 150 Nifty Total Market BSE 500 BSE 200 BSE 250 LargeMidCap Index BSE Momentum Index

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	4,026	5,049	6,438	4,641	4,909	5,012	5,720	5,572	4,914	4,689	6,714	4,074	4,855
	3,799	4,730	6,029	4,360	4,593	4,736	5,345	5,222	4,616	4,440	6,258	3,892	4,599
Operating Profit	227	319	408	281	316	276	374	349	298	249	456	182	256
OPM %	6%	6%	6%	6%	6%	6%	7%	6%	6%	5%	7%	4%	5%
	112	222	225	256	301	325	274	289	320	358	323	264	281
Interest	6	144	146	157	131	147	146	146	133	139	150	137	141
Depreciation	5	4	7	6	5	6	6	6	6	5	4	7	7
Profit before tax	329	393	480	373	481	448	496	487	480	463	625	302	389
Tax %	15%	25%	21%	20%	21%	15%	28%	30%	18%	22%	23%	26%	26%
	279	293	378	298	381	382	359	343	394	359	478	224	287
EPS in Rs	1.34	1.41	1.81	1.43	1.83	1.83	1.72	1.64	1.89	1.72	2.30	1.07	1.38
Raw PDF

Upcoming result date: 12 February 2025

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
	3,147	4,540	5,915	7,597	10,069	14,531	15,404	19,382	20,282	21,889	20,332
	3,001	4,323	5,688	7,215	9,538	13,757	14,524	18,199	19,035	20,536	19,189
Operating Profit	146	217	228	382	531	773	880	1,183	1,246	1,353	1,143
OPM %	5%	5%	4%	5%	5%	5%	6%	6%	6%	6%	6%
	123	180	356	331	366	246	808	831	1,077	1,291	1,226
Interest	15	23	35	45	52	41	458	564	581	568	568
Depreciation	5	5	5	5	6	20	23	21	22	21	24
Profit before tax	248	370	543	664	839	958	1,207	1,430	1,719	2,054	1,778
Tax %	16%	19%	18%	14%	18%	21%	18%	22%	22%	23%
	337	429	443	570	688	757	992	1,110	1,342	1,574	1,348
EPS in Rs	1.62	2.06	2.13	2.73	3.30	3.63	4.76	5.32	6.44	7.55	6.47
Dividend Payout %	11%	9%	58%	29%	27%	31%	33%	34%	33%	28%

Compounded Sales Growth
10 Years:	%
5 Years:	17%
3 Years:	12%
TTM:	-4%

Compounded Profit Growth
10 Years:	%
5 Years:	18%
3 Years:	17%
TTM:	-9%

Stock Price CAGR
10 Years:	%
5 Years:	75%
3 Years:	126%
1 Year:	42%

Return on Equity
10 Years:	%
5 Years:	19%
3 Years:	19%
Last Year:	20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2,085	2,085	2,085	2,085	2,085	2,085	2,085	2,085	2,085	2,085	2,085
Reserves	975	1,337	1,472	1,839	2,311	3,034	3,551	4,240	5,161	6,661	6,707
	2,514	2,624	2,437	2,259	3,024	4,257	5,931	6,643	6,441	6,033	5,442
	10,561	16,169	2,866	2,101	4,669	3,019	2,654	7,097	4,656	4,834	6,176
Total Liabilities	16,135	22,216	8,860	8,284	12,089	12,395	14,221	20,066	18,344	19,612	20,410
	6	6	8	249	279	305	292	380	355	367	441
CWIP	2	6	13	21	11	25	53	1	1	94	1
Investments	896	1,024	1,089	1,231	1,586	1,588	1,730	1,810	1,904	2,405	2,443
	15,232	21,180	7,751	6,783	10,212	10,476	12,145	17,875	16,084	16,746	17,524
Total Assets	16,135	22,216	8,860	8,284	12,089	12,395	14,221	20,066	18,344	19,612	20,410

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	113	652	571	-363	-695	-962	419	4,793	-4,064	2,954
	-29	100	-25	36	320	124	312	-1,431	1,355	-1,400
	-152	-182	-668	-581	319	827	416	-189	-1,048	-1,287
Net Cash Flow	-68	570	-123	-908	-56	-11	1,148	3,173	-3,757	267

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	22	39	30	34	23	21	23	18	17	18
Inventory Days
Days Payable
Cash Conversion Cycle	22	39	30	34	23	21	23	18	17	18
Working Capital Days	1,412	1,274	21	70	99	122	135	21	57	42
ROCE %		7%	9%	12%	13%	12%	16%	16%	17%	18%

Shareholding Pattern

Numbers in percentages

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%
	0.84%	0.95%	1.76%	2.45%	1.53%	1.75%	2.32%	2.59%	2.32%	3.13%	5.05%	5.10%
	8.33%	8.29%	7.43%	6.45%	6.51%	5.75%	5.83%	6.08%	6.18%	6.77%	6.33%	6.16%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
	12.63%	12.56%	12.61%	12.92%	13.76%	14.30%	19.01%	18.50%	18.66%	17.25%	15.78%	15.89%
No. of Shareholders	5,63,523	5,79,899	5,66,880	6,60,435	7,20,323	8,86,922	13,41,098	13,97,699	18,44,551	20,74,709	22,96,188	23,17,903

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Dec 2024
	100.00%	87.84%	78.21%	78.20%	78.20%	72.84%	72.84%
	0.00%	0.55%	0.42%	0.84%	1.53%	2.32%	5.10%
	0.00%	2.61%	9.43%	8.33%	6.51%	6.18%	6.16%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
	0.00%	9.00%	11.94%	12.63%	13.76%	18.66%	15.89%
No. of Shareholders	7	1,77,379	3,66,354	5,63,523	7,20,323	18,44,551	23,17,903

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Aug 2024
Transcript
PPT
REC
May 2024
Transcript
PPT
REC
Feb 2024
Transcript
PPT
Jan 2024
Transcript
PPT
Nov 2023
Transcript
PPT
Aug 2023
Transcript
PPT
Jun 2023
Transcript
PPT
REC
Feb 2023
Transcript
PPT
Nov 2022
Transcript PPT