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 ₹ 7,654 Cr.
- Current Price ₹ 238
- High / Low ₹ 391 / 236
- Stock P/E 20.7
- Book Value ₹ 70.5
- Dividend Yield 1.37 %
- ROCE 22.8 %
- ROE 17.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 32.6%
- Company's median sales growth is 23.4% of last 10 years
Cons
- Company has high debtors of 175 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 482 | 572 | 851 | 984 | 986 | 1,081 | 1,337 | 1,522 | 1,957 | 2,568 | 3,478 | 4,277 | 4,427 | |
| 298 | 367 | 595 | 710 | 685 | 747 | 1,010 | 1,154 | 1,578 | 2,103 | 2,943 | 3,640 | 3,775 | |
| Operating Profit | 184 | 206 | 256 | 273 | 301 | 333 | 328 | 368 | 379 | 464 | 535 | 638 | 652 |
| OPM % | 38% | 36% | 30% | 28% | 31% | 31% | 24% | 24% | 19% | 18% | 15% | 15% | 15% |
| 72 | 70 | 52 | 41 | -6 | -18 | 28 | 76 | 35 | 28 | 52 | 26 | 17 | |
| Interest | 0 | 1 | 1 | 2 | 5 | 4 | 2 | 4 | 6 | 6 | 4 | 5 | 4 |
| Depreciation | 90 | 81 | 116 | 119 | 112 | 131 | 159 | 160 | 154 | 158 | 180 | 189 | 196 |
| Profit before tax | 166 | 194 | 191 | 194 | 179 | 181 | 195 | 280 | 254 | 328 | 402 | 470 | 470 |
| Tax % | 27% | 47% | 33% | 19% | 39% | 24% | 28% | 25% | 26% | 25% | 25% | 26% | |
| 121 | 102 | 128 | 156 | 110 | 138 | 140 | 208 | 188 | 246 | 300 | 346 | 346 | |
| EPS in Rs | 3.77 | 3.18 | 3.99 | 4.87 | 3.42 | 4.31 | 4.37 | 6.49 | 5.87 | 7.67 | 9.34 | 10.79 | 10.78 |
| Dividend Payout % | 14% | 22% | 40% | 12% | 58% | 49% | 50% | 37% | 43% | 37% | 31% | 30% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 26% |
| 3 Years: | 30% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 21% |
| 3 Years: | 24% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 3% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | 16% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 321 | 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 | 1,941 | |
| 0 | 0 | 0 | 1 | 43 | 0 | 32 | 42 | 46 | 45 | 64 | ||
| 1,126 | 1,155 | 1,010 | 870 | 852 | 1,213 | 1,212 | 1,658 | 2,177 | 3,117 | 3,505 | ||
| Total Liabilities | 2,211 | 2,315 | 2,259 | 2,156 | 2,256 | 2,616 | 2,759 | 3,349 | 4,050 | 5,161 | 5,830 | |
| 711 | 694 | 688 | 790 | 789 | 760 | 775 | 821 | 913 | 1,081 | 1,281 | ||
| CWIP | 262 | 360 | 364 | 300 | 253 | 215 | 164 | 157 | 130 | 124 | 81 | |
| Investments | 10 | 0 | 10 | 17 | 10 | 10 | 40 | 40 | 90 | 39 | 0 | |
| 1,228 | 1,261 | 1,197 | 1,049 | 1,204 | 1,632 | 1,781 | 2,330 | 2,916 | 3,917 | 4,468 | ||
| Total Assets | 2,211 | 2,315 | 2,259 | 2,156 | 2,256 | 2,616 | 2,759 | 3,349 | 4,050 | 5,161 | 5,830 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 154 | 374 | 258 | 284 | 556 | 255 | 316 | ||||||
| -48 | -135 | -213 | -203 | -419 | -82 | -77 | ||||||
| -62 | -110 | -104 | -79 | -77 | -113 | -150 | ||||||
| Net Cash Flow | 43 | 130 | -59 | 3 | 60 | 60 | 89 | |||||
| Free Cash Flow | 76 | 294 | 142 | 107 | 347 | -70 | 44 | |||||
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 57% | 128% | 83% | 83% | 126% | 55% | 56% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 164 | 160 | 173 | 169 | 160 | 208 | 160 | 195 | 180 | 166 | 175 | |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 164 | 160 | 173 | 169 | 160 | 208 | 160 | 195 | 180 | 166 | 175 | |
| Working Capital Days | -66 | -91 | 1 | -17 | 15 | -6 | 7 | 50 | -21 | 30 | 34 | |
| ROCE % | 17% | 16% | 17% | 17% | 14% | 16% | 16% | 20% | 22% | 23% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Jun 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| OFC Network (Backbone) Route km |
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| RailWire Broadband Subscribers Subscribers |
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| Railway Stations with Wi-Fi Stations |
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| Project Segment Revenue Share % of Operating Revenue |
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| Order Book Rs Crore |
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| Data Center Capacity MW |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Considering Un-Audited Financial Results For The Quarter And Half-Year Ended On 30Th September, 2026 And To Declare Interim Dividend, If Any, For The Financial Year 2026-27
- Board meets October 25, 2026 to approve Q2/H1 results and consider interim dividend; record date October 30, 2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- RailTel secured Rs 47.4 crore LoA for LAN SITC across Haryana, Chandigarh and Delhi NCR, executable by 18-Apr-28.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- RailTel secures Rs 18.99 crore domestic IT and cybersecurity order from Health Insurance TPA of India Ltd. for three years.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- RailTel received LoA from RRB Secunderabad for AM-RMS services worth Rs 167.52 crore, excluding tax.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
Concalls
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Aug 2026Transcript REC
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May 2026Transcript
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Mar 2026PPT
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Feb 2026Transcript
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Nov 2025Transcript REC
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Aug 2025Transcript REC
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Jun 2025Transcript PPT
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May 2025Transcript REC
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Feb 2025Transcript
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Nov 2024Transcript
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Aug 2024Transcript
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Jul 2024Transcript PPT
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May 2024Transcript REC
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Jan 2024Transcript
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Nov 2023Transcript
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Aug 2023Transcript REC
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Jun 2023Transcript PPT
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Feb 2023Transcript
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Nov 2022Transcript
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Aug 2022Transcript
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May 2022Transcript
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Feb 2022Transcript
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Nov 2021Transcript
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Aug 2021Transcript
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Jul 2021Transcript
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Mar 2021Transcript
Overview[1] [2]
The company is a Navratna PSU and one of India’s largest neutral telecom infrastructure providers, operating a pan-India optical fibre network along railway tracks under exclusive ROW, covering key cities, towns and rural areas and reaching nearly 70% of the country’s population.