Railtel Corporation of India Ltd (NSE: RAILTEL) Share: Railtel Corporation of India Ltd is one of those railway stocks that have shown excellent returns on the stock market in the past few months.
Western Railways has provided work to the company. The company reported to the stock exchanges it had received work valued at Rs 124 crore. On Monday, the company’s share closed at Rs 407.25.
Project Will Be Completed In 18 Months
On February 5, the company informed stock exchanges that Western Railways had awarded work over Rs 124 crore.
The deadline to complete this work is the 3rd of August 2025. The project should be completed in 18 months. RailTel Corporation of India Limited has a 72.84 percent government stake.
Stocks Are Soaring Like Bullet Trains In The Stock Exchange
In the last month, Multibagger Railway’s stock price has increased by 18 percent. In only six months, Multibagger Railway’s stock prices have risen by 143 percent.
This means that the money of investors who have taken a position has increased by more than twofold during this time.
Investors who held this stock over the past year saw a profit of 285 percent.
The 52-week high of the company on the stock exchange is Rs 459.20. The 52-week low of the stock is Rs 96.25. The company’s market capitalization is ₹ 13,144 crore.
About Railtel Corporation of India Ltd
RailTel Corporation of India Ltd, a Public Sector Enterprise, is under the Ministry of Railways of the Government of India.
It is a provider of ICT and one the largest neutral telecoms infrastructure providers in India. It was founded on September 26, 2000.
RailTel, also known as “Mini Ratna (Category-I)” Central Public Sector Enterprise is among the biggest non-neutral broadband infrastructure companies in India.
It has a Pan-India optical fiber network that covers various cities and towns & rural areas across the country.
Alongside a reliable network that includes more than 61,000 RKM of Optic fiber that runs along Railway tracks and a 21000 km citywide access network, RailTel boasts two tier III data centers, & a MeitY cloud that is also empaneled.
In addition, they are involved in several reputable government projects, like, the National Knowledge Network executed by NIC, the Universal Service Obligation project in the North East, and with National Optical Fiber Network.
Its network spans over 61,000+ kilometers of route and 6,108+ stations in India. Its goal is to modernize and improve the existing system of train control, operation, and safety.
Fundamental Analysis of Railtel Corporation of India
| Market Cap | ₹ 13,144 Cr. |
| Current Price | ₹ 407.25 |
| 52-wk High | ₹ 459.20 |
| 52-wk Low | ₹ 96.25 |
| Stock P/E | 53.35 |
| Book Value | ₹ 53.7 |
| Dividend | 0.59 % |
| ROCE | 16.0 % |
| ROE | 12.0 % |
| Face Value | ₹ 10.0 |
| P/B Value | 7.69 |
| OPM | 16.7 % |
| EPS | ₹ 7.61 |
| Debt | ₹ 48.0 Cr. |
| Debt to Equity | 0.03 |
Railtel Corporation of India Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹467 | ₹523 |
| 2025 | ₹543 | ₹598 |
| 2026 | ₹632 | ₹675 |
| 2027 | ₹700 | ₹723 |
| 2028 | ₹732 | ₹775 |
| 2029 | ₹800 | ₹843 |
| 2030 | ₹934 | ₹1100 |
Railtel Corporation of India Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 72.84% |
| Mar 2023 | 72.84% |
| June 2023 | 72.84% |
| Sept 2023 | 72.84% |
| Dec 2023 | 72.84% |
| FII Holding | |
| Dec 2022 | 1.03% |
| Mar 2023 | 1.05% |
| June 2023 | 1.32% |
| Sept 2023 | 1.46% |
| Dec 2023 | 1.45% |
| DII Holding | |
| Dec 2022 | 4.19% |
| Mar 2023 | 4.12% |
| June 2023 | 2.20% |
| Sept 2023 | 3.54% |
| Dec 2023 | 3.39% |
| Public Holding | |
| Dec 2022 | 21.94% |
| Mar 2023 | 21.97% |
| June 2023 | 23.64% |
| Sept 2023 | 22.14% |
| Dec 2023 | 22.31% |
Railtel Corporation of India Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 986 Cr |
| 2020 | ₹ 1,081 Cr |
| 2021 | ₹ 1,337 Cr |
| 2022 | ₹ 1,522 Cr |
| 2023 | ₹ 2,436 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 110 Cr |
| 2020 | ₹ 138 Cr |
| 2021 | ₹ 140 Cr |
| 2022 | ₹ 208 Cr |
| 2023 | ₹ 244 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 4% |
| 3 Years: | 3% |
| Current Year: | 39% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 12% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | 15% |
| 3 Years: | 22% |
| Current Year: | 43% |
Company’s Positive Signs:
- The company is debt-free.
- The company is expected to deliver an excellent quarter.
- The company has been able to maintain an enviable dividend payout of 43.6 percent.
Company’s Negative Signs:
- The company has had a lower yield on equity of 11.3 percent over the last three years.
- The company has a high debtor count in the amount of 194 days.
- The stock of the company is trading at 7.81 times its book value.
Conclusion
This article is a complete guide about Railtel Corporation of India Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
