RVNL

Rail Vikas Nigam Share PriceRail Vikas Nigam

₹171.15
1.05 (0.62%)
As on 09 December, 2023 | 01:56 BSE: 542649 NSE: RVNLISIN: INE415G01027

Rail Vikas Nigam Performance

Day Range

  • Low 169.55
  • High 175.75
₹ 171.15

52 Week Range

  • Low 56.05
  • High 199.25
₹ 171.15
  • Open Price171.00
  • Previous Close170.10
  • Volume24620500

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Rail Vikas Nigam Share Price

  • Over 1 Month 5.62%
  • Over 3 Month 5.1%
  • Over 6 Month 36.54%
  • Over 1 Year 142.25%

Rail Vikas Nigam Key Statistics

P/E Ratio 24.1
PEG Ratio 2.5
Market Cap Cr 35,685
Price to Book Ratio 4.9
EPS 6.1
Dividend 1.2
Relative Strength Index 60.69
Money Flow Index 62.7
MACD Signal 2.2
Average True Range 5.31

Rail Vikas Nigam Investment Rating

  • Master Rating:
  • Rail Vikas Nigam has an operating revenue of Rs. 21,217.81 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 8% is okay, ROE of 19% is exceptional. The company has a debt to equity of 82%, which is bit higher. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 37% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 14% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 81 which is a GOOD score indicating consistency in earnings, a RS Rating of 85 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 48 indicates it belongs to a fair industry group of Bldg-Heavy Construction and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rail Vikas Nigam Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 4,9105,4465,7215,0114,9094,6416,438
Operating Expenses Qtr Cr 4,6135,0995,3494,7364,5934,3606,030
Operating Profit Qtr Cr 297348372275316281407
Depreciation Qtr Cr 6566567
Interest Qtr Cr 133146146147131157146
Tax Qtr Cr 851431366510075101
Net Profit Qtr Cr 370334345341299283372
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 21,28620,191
Operating Expenses Annual Cr 19,03718,200
Operating Profit Annual in Cr 1,2441,181
Depreciation Cr 2221
Interest Annual Cr 581564
Tax Annual Cr 376319
Net Profit Annual Cr 1,2681,087
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -4,0804,813
Cash from Investing Activity Annual Cr 1,354-1,472
Cash from Financing Annual Activity Cr -1,036-187
Net Cash Flow Annual Cr -3,7623,154
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 6,4795,631
Fixed Assets Annual Cr 356381
Total Non Current Assets Annual Cr 8,5814,681
Total Current Assets Annual Cr 9,00014,440
Total Assets Annual Cr 17,58119,121
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3127
ROE Annual % 2019
ROCE Annual % 1716
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1110
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 4,9145,5725,7205,0124,9094,6416,438
Operating Expenses Qtr Cr 4,6165,2225,3454,7364,5934,3606,029
Operating Profit Qtr Cr 298349374276316281408
Depreciation Qtr Cr 6666567
Interest Qtr Cr 133146146147131157146
Tax Qtr Cr 851441376510076102
Net Profit Qtr Cr 394343359382381298378
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 21,27820,182
Operating Expenses Annual Cr 19,03518,199
Operating Profit Annual in Cr 1,2471,183
Depreciation Cr 2221
Interest Annual Cr 581564
Tax Annual Cr 378319
Net Profit Annual Cr 1,4211,183
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -4,0764,800
Cash from Investing Activity Annual Cr 1,355-1,426
Cash from Financing Annual Activity Cr -1,036-187
Net Cash Flow Annual Cr -3,7573,187
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 7,3256,397
Fixed Assets Annual Cr 356381
Total Non Current Assets Annual Cr 9,3775,400
Total Current Assets Annual Cr 9,04514,481
Total Assets Annual Cr 18,42219,881
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3531
ROE Annual % 1918
ROCE Annual % 1615
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1110

Rail Vikas Nigam Technicals

EMA & SMA

Current Price
₹171.15
1.05 (0.62%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹166.16
  • 50 Day
  • ₹161.37
  • 100 Day
  • ₹150.79
  • 200 Day
  • ₹129.38
  • 20 Day
  • ₹165.19
  • 50 Day
  • ₹163.56
  • 100 Day
  • ₹151.05
  • 200 Day
  • ₹124.58

Rail Vikas Nigam Resistance and Support

PIVOT
₹172.15
Resistance
First Resistance 174.75
Second Resistance 178.35
Third Resistance 180.95
RSI 60.69
MFI 62.70
MACD Single Line 2.20
MACD 2.79
Support
First Resistance 168.55
Second Resistance 165.95
Third Resistance 162.35

Rail Vikas Nigam Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 27,359,661 944,181,901 34.51
Week 22,915,758 872,861,230 38.09
1 Month 15,731,575 577,348,797 36.7
6 Month 29,226,168 819,209,498 28.03

Rail Vikas Nigam Result Highlights

Rail Vikas Nigam Synopsis

NSE-Bldg-Heavy Construction

Rail Vikas Nigam belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs. 20281.57 Cr. and Equity Capital is Rs. 2085.02 Cr. for the Year ended 31/03/2023. Rail Vikas Nigam Ltd. is a Public Limited Listed company incorporated on 24/01/2003 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74999DL2003GOI118633 and registration number is 118633.
Market Cap 35,685
Sales 21,088
Shares in Float 56.30
No of funds 119
Yield 1.24
Book Value 5.51
U/D Vol ratio 1.2
LTDebt / Equity 93
Alpha 0.34
Beta 1.67

Rail Vikas Nigam

Owner NameSep-23Jul-23Jun-23Mar-23
Promoters 72.84%72.84%78.2%78.2%
Mutual Funds 0.13%0.11%0.09%0.09%
Insurance Companies 5.69%5.32%5.66%6.42%
Foreign Portfolio Investors 2.32%3.1%1.75%1.53%
Financial Institutions/ Banks
Individual Investors 17.5%14.85%13.14%12.38%
Others 1.52%3.78%1.16%1.38%

Rail Vikas Nigam Management

Name Designation
Mr. Pradeep Gaur Chairman & Managing Director
Mr. Sanjeeb Kumar Director - Finance & CFO
Mr. Vinay Singh Director - Projects
Mr. Rajesh Prasad Director - Operations
Mr. Anupam Ban Director - Personnel
Dr. M V Natesan Independent Director
Mr. Anupam Mallik Independent Director
Mr. Dhananjaya Singh Government Nominee Director
Mr. Anil Kumar Khandelwal Government Nominee Director

Rail Vikas Nigam Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rail Vikas Nigam Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-12 Quarterly Results
2023-05-29 Audited Results & Final Dividend
2023-03-24 Interim Dividend
2023-02-10 Quarterly Results
Date Purpose Remarks
2023-04-06 INTERIM Rs.1.77 per share(17.7%)Interim Dividend
2022-03-25 INTERIM Rs.1.58 per share(15.8%)Interim Dividend
2021-04-09 INTERIM Rs.1.14 per share(11.4%)Interim Dividend

Rail Vikas Nigam MF Shareholding

Name Amount(cr)
Nippon India ETF Nifty Midcap 150 1,014
Motilal Oswal Nifty Midcap 150 Index Fund Regular Growth 1,013
Nippon India Nifty Midcap 150 Index Fund Regular Growth 848
Nippon India Nifty Smallcap 250 Index Fund Reg Gr 719
Motilal Oswal Nifty 500 Fund Regular Growth 548

About Rail Vikas Nigam

Rail Vikas Nigam Limited (RVNL) is a premier PSE under the Ministry of Railways, Government of India. Established in 2003, RVNL plays a pivotal role in the development and enhancement of India's railway infrastructure. The company operates with a clear mission to transform the country's railway network, expand connectivity, and ensure the efficient and seamless movement of people and goods across the nation.

RVNL is headquartered in New Delhi and operates as a project executing agency, specializing in the planning, designing, and execution of critical railway projects. The company's primary focus lies in new line projects, doubling of tracks, gauge conversion, electrification, and the redevelopment of railway stations.
 

History and Milestones 

Rail Vikas Nigam Limited (RVNL) was commenced as a Public Sector Undertaking on January 24, 2003, driven by the vision of the late Bharat Ratna Shri Atal Bihari Vajpayee, the then Hon’ble Prime Minister of India. The inception of RVNL was inspired by the need to address the infrastructure deficit in the Indian Railways. In his speech from the Red Fort on August 15, 2002, the Hon’ble Prime Minister announced the National Rail Vikas Yojana (NRVY), and on December 26, 2002, he formally launched NRVY. To implement NRVY effectively, RVNL was incorporated under the Companies Act 1956 with two primary objectives: the swift execution of rail infrastructure projects for capacity augmentation and the mobilization of extra-budgetary resources for Special Purpose Vehicle (SPV) projects.

Operational activities of RVNL commenced in 2005 with the appointment of its Board of Directors. In recognition of its significant contributions, the company was granted Miniratna status in September 2013. Over the years, RVNL has consistently earned an "Excellent" rating from the Department of Public Enterprises for nine consecutive years and has been ranked as the top Railway PSE four times in the last five years.

During the financial year 2019-20, the company's turnover witnessed a remarkable increase of 44.44%. RVNL's authorized share capital stands at Rs. 3000 crore, with a paid-up share capital of Rs. 2085 crore. After divesting 12.16% of its stake through an IPO, the company got listed.

RVNL's mandate includes several key functions, such as project development, financing, and implementation of rail infrastructure projects. The company aims to mobilize financial and human resources efficiently, ensuring timely project execution with minimal cost escalation. Encouraging public-private participation in rail-related projects is also one of RVNL's objectives. Furthermore, the company is committed to sustainable development and environment-friendly construction practices in its projects across the country.

In pursuit of its functions, RVNL is authorized to arrange financial resources from various institutions and funding agencies. The company is actively involved in project execution, including the creation of project-specific SPVs, and may explore commercialization opportunities where feasible. Upon completion of a railway project, RVNL hands over its operation and maintenance to the respective Zonal Railway under specific financial arrangements. To generate revenue, RVNL may undertake projects on a BOT (Build-Operate-Transfer) basis, where the railways department pays Access Charge/User Charge for utilizing the infrastructure.
 

Awards and Recognitions 

Over the years, RVNL has successfully executed numerous projects, transforming the railway landscape of India. It has contributed significantly to the enhancement of the railway network's capacity, operational efficiency, and safety. Some of the notable achievements of RVNL include:

● Development of New Railway Lines: RVNL has been instrumental in establishing new railway lines, opening up connectivity to hitherto unreached regions and boosting economic activity in those areas.

● Doubling and Gauge Conversion: To ease congestion and improve the efficiency of rail transportation, RVNL has taken up the task of doubling existing railway tracks and converting narrow gauge tracks into broad gauge.

● Electrification: RVNL has actively contributed to the electrification of railway lines, reducing dependence on fossil fuels, lowering operational costs, and reducing carbon emissions.

● Station Redevelopment: RVNL has undertaken the redevelopment of various railway stations, providing modern amenities and better facilities for passengers, thereby enhancing the overall travel experience.

Important Facts

● Owner: Government of India (78.20%)
● Number of employees: 500+
● Total equity: ₹ 5,631.41 Cr (2022)
● Total assets: ₹ 19,121.42 Cr (2022)
● Website: rvnl.org/home 

The company operates as a project executing agency and does not own or operate any trains or rolling stock. Its sole focus is on infrastructure development. Moreover, RVNL is listed on the stock exchanges, making it a unique opportunity for investors to participate in the growth of India's railway sector. Its projects contribute not only to the railway sector's growth but also to the overall economic development of the regions it serves.
 

Rail Vikas Nigam FAQs

What is Share Price of Rail Vikas Nigam ?

Rail Vikas Nigam share price is ₹171 As on 09 December, 2023 | 01:42

What is the Market Cap of Rail Vikas Nigam ?

The Market Cap of Rail Vikas Nigam is ₹35685.1 Cr As on 09 December, 2023 | 01:42

What is the P/E ratio of Rail Vikas Nigam ?

The P/E ratio of Rail Vikas Nigam is 24.1 As on 09 December, 2023 | 01:42

What is the PB ratio of Rail Vikas Nigam ?

The PB ratio of Rail Vikas Nigam is 4.9 As on 09 December, 2023 | 01:42

Q2FY23