1. Rail Vikas Nigam
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100% Hold

Rail Vikas Nigam Share Price

RVNL

₹299.55+₹8.75 (3.01%) TodayLast updated on 18 May, 2024 | 09:37 AM IST
₹299.50₹305.00
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Company overview

Financial performance

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Market cap

Market Cap Switch₹56,285 Cr

Open

₹301.40

Close

₹290.80

Circuit range

₹305.30 - ₹276.30

Day range

₹299.50 - ₹305.00

Year range

₹110.60 - ₹345.50

Volume

49,70,627

Avg. traded

₹302.29

Revenue (12m)

₹20,895 Cr

Rail Vikas Nigam

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

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52 week high

₹345.50

52 week low

₹110.60

P/E ratio

42.4

P/B ratio

6.48

ROE

20.94%

ROCE

17.7%

Dividend yield

0.83%

Debt/Equity ratio

0.99

EPS

6.08

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Investment checklist: (3/6)

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Hold

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Buy

0%

Hold

100%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

11.08%

Net profit margin

6.25%

ROE

20.94%

ROA

6.74%

ROCE

17.7%

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Rail Vikas Nigam Shareholder returns

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1 day

+1.69%

1 week

+7.35%

1 month

+8.67%

3 months

+11.34%

1 year

+136.00%

3 years

+859.76%

5 years

+1188.51%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

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Rail Vikas Nigam Share Price history

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DayOpenCloseDay’s change

Shareholding info

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Promoters (72.84%)

Mutual Funds (0.09%)

Retail and other (18.66%)

Foreign institutions-FII (2.32%)

Other domestic institutions (6.09%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹0.36/share

    Ex date 20 Sep 2023

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  • Dividend • ₹1.77/share

    Ex date 06 Apr 2023

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  • Dividend • ₹0.25/share

    Ex date 22 Sep 2022

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  • Dividend • ₹1.58/share

    Ex date 24 Mar 2022

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Frequently asked questions