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Rail Vikas Nigam

₹427.7 -0.9 | 0.2%

Market Cap ₹89166 Cr.

Stock P/E 56.6

P/B 10.1

Current Price ₹427.7

Book Value ₹ 42.2

Face Value 10

52W High ₹647

Dividend Yield 0.49%

52W Low ₹ 176

Rail Vikas Nigam Research see more...

Overview Inc. Year: 2003Industry: Engineering - Construction

Rail Vikas Nigam Ltd engages in the construction of rail infrastructure initiatives in India. It undertakes rail project development and implementation, as well as presents financial assets mobilization services. The corporation executes numerous railway projects, consisting of new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, bridges, creation of cable stayed bridges, group buildings, etc. It serves Indian Railways, various valuable and state government ministries, departments, and public area undertakings. Rail Vikas Nigam Ltd become incorporated in 2003 and is primarily based in New Delhi, India.

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Rail Vikas Nigam Share Price

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Rail Vikas Nigam Quarterly Results

#(Fig in Cr.) Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 4641 4909 5012 5720 5572 4914 4689 6714 4074 4855
Other Income 238 222 281 256 282 296 328 280 263 281
Total Income 4878 5131 5293 5976 5853 5210 5017 6994 4337 5136
Total Expenditure 4360 4593 4736 5345 5222 4616 4440 6258 3892 4583
Operating Profit 518 538 557 630 631 594 577 737 444 553
Interest 157 131 147 146 146 133 139 150 137 141
Depreciation 6 5 6 6 6 6 5 4 7 7
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 355 402 404 478 479 455 433 582 300 405
Provision for Tax 76 100 65 137 144 85 104 147 78 102
Profit After Tax 280 303 339 341 335 370 329 435 223 302
Adjustments 18 79 44 18 7 24 30 43 1 -15
Profit After Adjustments 298 381 382 359 343 394 359 479 224 287
Adjusted Earnings Per Share 1.4 1.8 1.8 1.7 1.6 1.9 1.7 2.3 1.1 1.4

Rail Vikas Nigam Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 3448 4736 5920 7597 10069 14531 15404 19382 20282 21889 20332
Other Income 120 183 248 325 334 305 739 800 996 1186 1152
Total Income 3568 4918 6167 7923 10403 14835 16143 20182 21278 23075 21484
Total Expenditure 3129 4367 5645 7215 9538 13744 14524 18199 19035 20536 19173
Operating Profit 440 551 522 708 865 1091 1619 1983 2243 2538 2311
Interest 10 9 35 145 131 100 458 564 581 568 567
Depreciation 38 38 5 5 6 20 23 21 22 21 23
Exceptional Income / Expenses 0 0 0 6 12 0 0 0 0 0 0
Profit Before Tax 392 504 482 664 839 958 1207 1430 1719 2054 1720
Provision for Tax 69 96 100 95 152 201 215 319 378 479 431
Profit After Tax 323 408 382 570 688 757 992 1110 1342 1574 1289
Adjustments 0 0 57 0 0 0 0 0 0 -0 59
Profit After Adjustments 323 408 439 570 688 757 992 1110 1342 1574 1349
Adjusted Earnings Per Share 0 0 0 2.7 3.3 3.6 4.8 5.3 6.4 7.6 6.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 8% 12% 17% 0%
Operating Profit CAGR 13% 16% 24% 0%
PAT CAGR 17% 17% 18% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 140% 133% 80% NA%
ROE Average 20% 19% 18% 16%
ROCE Average 18% 17% 16% 12%

Rail Vikas Nigam Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 3017 3291 3563 3924 4396 5119 5636 6325 7246 8746
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 2186 2320 2437 2259 3024 4257 5672 6315 6031 5516
Other Non-Current Liabilities 756 861 -32 359 141 279 362 309 611 757
Total Current Liabilities 10644 16345 2857 1783 4604 2867 2706 7403 4825 5057
Total Liabilities 16603 22817 8825 8325 12165 12521 14376 20353 18713 20076
Fixed Assets 375 350 8 249 279 305 292 380 355 367
Other Non-Current Assets 1299 1690 2916 3441 3593 3531 3901 4935 8930 9486
Total Current Assets 14928 20777 5901 4635 8292 8685 10182 15038 9428 10223
Total Assets 16603 22817 8825 8325 12165 12521 14376 20353 18713 20076

Rail Vikas Nigam Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 1619 1869 1378 1249 342 285 274 1421 4594 837
Cash Flow from Operating Activities -2295 -3466 278 -363 -695 -962 419 4793 -4064 2954
Cash Flow from Investing Activities 149 -33 20 36 320 124 312 -1431 1355 -1399
Cash Flow from Financing Activities 2396 5352 -421 -581 319 827 416 -189 -1048 -1287
Net Cash Inflow / Outflow 250 1853 -123 -908 -56 -11 1148 3173 -3757 269
Closing Cash & Cash Equivalent 1869 3722 1255 342 285 274 1421 4594 837 1104

Rail Vikas Nigam Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 0 0 0 2.73 3.3 3.63 4.76 5.32 6.44 7.55
CEPS(Rs) 1.73 2.14 1.85 2.75 3.33 3.73 4.87 5.42 6.54 7.65
DPS(Rs) 0.18 0.55 1.23 0.74 0.89 1.14 1.58 1.83 2.13 2.11
Book NAV/Share(Rs) 0 0 0 18.82 21.08 24.55 27.03 30.33 34.75 41.95
Core EBITDA Margin(%) 9.26 7.77 4.63 5.03 5.27 5.41 5.71 6.1 6.15 6.18
EBIT Margin(%) 11.66 10.83 8.73 10.65 9.63 7.28 10.81 10.28 11.34 11.98
Pre Tax Margin(%) 11.37 10.65 8.13 8.74 8.34 6.59 7.83 7.38 8.48 9.38
PAT Margin (%) 9.36 8.61 6.45 7.5 6.83 5.21 6.44 5.73 6.62 7.19
Cash Profit Margin (%) 10.45 9.41 6.53 7.56 6.89 5.35 6.59 5.84 6.73 7.29
ROA(%) 1.94 2.07 2.41 6.64 6.71 6.13 7.37 6.39 6.87 8.12
ROE(%) 10.7 12.93 11.14 15.21 16.53 15.9 18.44 18.56 19.77 19.69
ROCE(%) 2.67 2.86 3.85 13.28 13.99 12.19 15.69 16.27 17.29 18.45
Receivable days 22.55 25.13 22.13 23.83 24.49 18.5 21.5 18.06 17.16 17.06
Inventory Days 1224.6 1017.24 480.77 18.45 0.12 0.17 0.39 0.69 0.98 1.03
Payable days 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 0 0 0 3.55 6.12 6.14 10.66 33.5
Price/Book(x) 0 0 0 0 0 0.53 1.08 1.08 1.97 6.03
Dividend Yield(%) 0 0 0 0 0 8.84 5.43 5.6 3.11 0.83
EV/Net Sales(x) 3.56 3.36 0.31 0.39 0.44 0.43 0.65 0.34 0.93 2.54
EV/Core EBITDA(x) 27.92 28.87 3.48 4.16 5.12 5.73 6.14 3.33 8.42 21.92
Net Sales Growth(%) 0 37.35 25 28.34 32.53 44.31 6.01 25.82 4.64 7.93
EBIT Growth(%) 0 27.64 0.78 56.5 19.9 9.01 57.43 19.73 15.42 13.99
PAT Growth(%) 0 26.35 -6.37 49.19 20.76 10.02 31.05 11.96 20.86 17.34
EPS Growth(%) 0 0 0 29.81 20.76 10.02 31.05 11.96 20.86 17.33
Debt/Equity(x) 4 5.34 0.68 0.58 0.75 0.89 1.05 1.05 0.89 0.69
Current Ratio(x) 1.4 1.27 2.07 2.6 1.8 3.03 3.76 2.03 1.95 2.02
Quick Ratio(x) 0.32 0.36 1.8 2.6 1.8 3.03 3.75 2.02 1.94 2.01
Interest Cover(x) 40.26 57.8 14.58 5.58 7.43 10.59 3.63 3.54 3.96 4.61
Total Debt/Mcap(x) 0 0 0 0 0 1.69 0.98 0.97 0.45 0.11

Rail Vikas Nigam Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 78.2 78.2 78.2 78.2 78.2 72.84 72.84 72.84 72.84 72.84
FII 0.95 1.76 2.45 1.53 1.75 2.32 2.59 2.32 3.13 5.05
DII 8.3 7.43 6.45 6.51 5.76 5.82 6.08 6.18 6.77 6.33
Public 12.56 12.61 12.91 13.76 14.29 19.02 18.49 18.66 17.26 15.79
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 10.1 times its book value.

* 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.

Rail Vikas Nigam News

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