50% Sell
Rail Vikas Nigam Share Price
RVNL
Rail Vikas Nigam Share Price Chart
About Rail Vikas Nigam
Rail Vikas Nigam Financials
Market cap ₹89,572 Crs | Open ₹430.00 | Close ₹429.60 |
Circuit range ₹514.25 - ₹342.85 | Day range ₹426.65 - ₹434.90 | Year range ₹175.40 - ₹647.00 |
Volume 15,88,615 | Avg. traded ₹429.78 | Revenue (12m) ₹20,332 Crs |
Rail Vikas Nigam Limited (RVNL) is a public sector enterprise under the Ministry of Railways. The construction wing of the Indian Railways was incorporated on January 24, 2003. Its primary goals include addressing the country's growing need for railway infrastructure.
To address the infrastructure gaps within Indian Railways, Prime Minister Atal Bihari Vajpayee announced the National Rail Vikas Yojana (NRVY) on August 15, 2002. Under the NRVY roadmap, RVNL was established as a 100% government-owned public sector undertaking (PSU). Its core objectives included sourcing additional financial resources and expediting the implementation of projects aimed at expanding rail infrastructure. RVNL commenced full operations in March 2005.
A major player in the railway infrastructure sector, RVNL holds the status of a navratna.
RVNL launched its initial public offering (IPO) on March 29, 2019, becoming the third railway PSU to go public, following Rail India Technical and Economic Service (RITES) and Indian Railway Construction International Limited (IRCON). The company was listed on both BSE and the National Stock Exchange (NSE) on April 19, 2019.
RVNL’s market capitalisation stood at more than ₹37,100 crore, as on December 12, 2023. RVNL share price has surged more than 660% in the last three years.
The government holds 72.8% stake in the company while Life Insurance Corporation of India (LIC) holds 5.62% stake in the company (as on the quarter ending September 30, 2023).
RVNL business operations
RVNL engages in diverse projects encompassing the laying of railway tracks, electrification of lines, construction of railway bridges and the establishment of workshops or production units. Apart from managing projects for Indian Railways, the PSU also undertakes several metro and high-speed railway projects. These include projects such as Chennai Metro Rail, Kolkata Metro Rail Corporation, Surat Metro and Gujarat Metro.
In FY 2022-23, RVNL accomplished the commissioning of 1,044 km of new line and doubling, surpassing the 1,000-kilometre benchmark for the second consecutive year.
Rail Vikas Nigam Limited (RVNL) secured the 94th rank among the Fortune 500 companies in India, as per the list released in December 2022.
Financial highlights
RVNL’s consolidated revenue stood at ₹21,278 crore in FY23 compared to ₹20,181.95 in FY22. The net profit stood at ₹1,420.55 crore in FY23 compared to ₹1,110 crore in the preceding fiscal. RVNL’s earnings per share increased to ₹6.81 in FY23 from ₹5.32 apiece in FY22. In FY23, the company’s total assets stood at ₹18,442 crore compared to ₹20,065 crore in FY23.
Rail Vikas Nigam Key indicators
52 week high ₹647.00 | 52 week low ₹175.40 | P/E ratio 66.51 |
P/B ratio 10.19 | ROE 20.39% | ROCE 18.73% |
Dividend yield 0.49% | Debt/Equity ratio 0.76 | EPS 7.02 |
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Analyst ratings:
Sell
Analyst ratings:
Sell0%
Hold
50%
Sell
50%
This analysis is based on the reviews of 2 experts in the last 7 days
Rail Vikas Nigam Fundamentals
Rail Vikas Nigam Financial Ratios
Operating profit margin11.64% | Net profit margin6.73% |
ROE20.39% | ROA7.88% |
ROCE18.73% |
Quick ratio1.99 | Current ratio2.01 |
Interest coverage4.41 | Asset turnover1.17 |
Debt to Equity0.76 |
P/E ratio66.51 | P/B ratio10.19 |
EV / EBITDA22.05 | |
Dividend yield0.49% |
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Revenue statement
All values are in ₹ Crores (Cr)Learn more
Cash flow
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Balance sheet
All values are in ₹ Crores (Cr)Total assets
Total liabilities
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Rail Vikas Nigam Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Tue, Dec 24 2024 | ₹430.00 | ₹428.55 | -0.24% |
Mon, Dec 23 2024 | ₹437.70 | ₹429.60 | -0.84% |
Fri, Dec 20 2024 | ₹451.55 | ₹433.25 | -3.39% |
Thu, Dec 19 2024 | ₹438.50 | ₹448.45 | -1.97% |
Wed, Dec 18 2024 | ₹466.85 | ₹457.45 | -2.32% |
Tue, Dec 17 2024 | ₹472.50 | ₹468.30 | -0.34% |
Mon, Dec 16 2024 | ₹467.90 | ₹469.90 | |
Fri, Dec 13 2024 | ₹468.65 | ₹465.95 | -1.18% |
Events
Corporate actions
Dividend • ₹2.11/share
Ex date 23 Sep 2024
Dividend • ₹0.36/share
Ex date 20 Sep 2023
Dividend • ₹1.77/share
Ex date 06 Apr 2023
Dividend • ₹0.25/share
Ex date 22 Sep 2022
Dividend • ₹1.58/share
Ex date 24 Mar 2022
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