Railtel Corporation of India Ltd
RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a "Navratna" PSU of the Government of India. At present, RailTel's network passes through around 6,000 stations across the country, covering all major commercial centers.[1]
- Market Cap ₹ 12,096 Cr.
- Current Price ₹ 377
- High / Low ₹ 618 / 265
- Stock P/E 38.3
- Book Value ₹ 62.3
- Dividend Yield 0.75 %
- ROCE 21.8 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 30.4%
Cons
- Company has high debtors of 166 days.
* 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.
Peer comparison
Sector: Telecomm-Service Industry: Telecommunications - Service Provider
Part of Nifty 500 BSE SmallCap Nifty Smallcap 100 BSE CPSE BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
572 | 851 | 984 | 986 | 1,081 | 1,337 | 1,522 | 1,957 | 2,568 | 3,478 | |
367 | 595 | 710 | 685 | 747 | 1,010 | 1,154 | 1,578 | 2,103 | 2,944 | |
Operating Profit | 206 | 256 | 273 | 301 | 333 | 328 | 368 | 379 | 464 | 533 |
OPM % | 36% | 30% | 28% | 31% | 31% | 24% | 24% | 19% | 18% | 15% |
70 | 52 | 41 | -6 | -18 | 28 | 76 | 35 | 28 | 52 | |
Interest | 1 | 1 | 2 | 5 | 4 | 2 | 4 | 6 | 6 | 3 |
Depreciation | 81 | 116 | 119 | 112 | 131 | 159 | 160 | 154 | 158 | 180 |
Profit before tax | 194 | 191 | 194 | 179 | 181 | 195 | 280 | 254 | 328 | 402 |
Tax % | 47% | 33% | 19% | 39% | 24% | 28% | 25% | 26% | 25% | 25% |
102 | 128 | 156 | 110 | 138 | 140 | 208 | 188 | 246 | 300 | |
EPS in Rs | 3.18 | 3.99 | 4.87 | 3.42 | 4.31 | 4.37 | 6.49 | 5.87 | 7.67 | 9.34 |
Dividend Payout % | 22% | 40% | 12% | 58% | 49% | 50% | 37% | 43% | 37% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 32% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 23% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 57% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 15% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 321 | 321 | 321 | 321 | 321 | 321 | 321 | 321 | 321 | 321 |
Reserves | 763 | 838 | 928 | 963 | 1,040 | 1,082 | 1,195 | 1,328 | 1,506 | 1,679 |
-0 | -0 | -0 | 1 | 43 | -0 | 32 | 42 | 46 | 45 | |
1,126 | 1,155 | 1,010 | 870 | 852 | 1,213 | 1,212 | 1,658 | 2,177 | 3,117 | |
Total Liabilities | 2,211 | 2,315 | 2,259 | 2,156 | 2,256 | 2,616 | 2,759 | 3,349 | 4,050 | 5,161 |
711 | 694 | 688 | 790 | 789 | 760 | 775 | 821 | 913 | 1,081 | |
CWIP | 262 | 360 | 364 | 300 | 253 | 215 | 164 | 157 | 130 | 124 |
Investments | 10 | -0 | 10 | 17 | 10 | 10 | 40 | 40 | 90 | 39 |
1,228 | 1,261 | 1,197 | 1,049 | 1,204 | 1,632 | 1,781 | 2,330 | 2,916 | 3,917 | |
Total Assets | 2,211 | 2,315 | 2,259 | 2,156 | 2,256 | 2,616 | 2,759 | 3,349 | 4,050 | 5,161 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
154 | 374 | 258 | 284 | 556 | 255 | |||||
-48 | -135 | -213 | -203 | -419 | -82 | |||||
-62 | -110 | -104 | -79 | -77 | -113 | |||||
Net Cash Flow | 43 | 130 | -59 | 3 | 60 | 60 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 164 | 160 | 173 | 169 | 160 | 208 | 160 | 195 | 180 | 166 |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 164 | 160 | 173 | 169 | 160 | 208 | 160 | 195 | 180 | 166 |
Working Capital Days | -66 | -91 | 1 | -16 | 17 | -6 | 9 | 52 | -19 | 35 |
ROCE % | 17% | 16% | 17% | 17% | 14% | 16% | 16% | 20% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
15 May - Appointment of Smt. Asha Sharma as Independent Director on RailTel Board effective May 13, 2025.
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Announcement under Regulation 30 (LODR)-Change in Directorate
14 May - Appointment of Smt. Asha Sharma as Independent Director on RailTel Board for three years.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 9 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
5 May - Audio recording link for Q4 and FY2025 analyst/investor conference call shared.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 May
Annual reports
Concalls
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May 2025TranscriptPPTREC
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Feb 2025TranscriptPPT
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Nov 2024TranscriptPPT
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Aug 2024TranscriptPPT
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Jul 2024Transcript PPT
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May 2024TranscriptPPTREC
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Jan 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPTREC
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Jun 2023Transcript PPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jul 2021TranscriptPPT
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Mar 2021TranscriptPPT
Overview
It is an ICT provider and is one of the largest neutral telecom infrastructure providers in India owning a Pan-India optic fiber cable network (OFC), which can serve up to 70% of the country’s population. [1] It’s RailWire broadband service is ranked as the 13th largest broadband provider with over 5.8 lakhs subscribers that is the 4th largest in subscriber count in rural areas of India. The company was granted the Navratna status in August 2024. [2] [3] It has executed critical projects of national importance such as BharatNet, National Knowledge Network (NKN), railway signaling, etc. [4]