Is Railtel Corporation Of India a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Railtel Corporation Of India Ltd is a average quality company .

Is Railtel Corporation Of India undervalued or overvalued?

The key valuation ratios of Railtel Corporation Of India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Railtel Corporation Of India share price return in the past 10 years?

Data is not available for this company

Is Railtel Corporation Of India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Railtel Corporation Of India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Railtel Corporation Of India Ltd - Stock Valuation and Financial Performance

Name: Railtel Corporation Of India
Brand: Railtel Corporation Of India

BSE: 543265 | NSE: RAILTEL | Telecommunication - Service Provider | Small Cap

Place order

Railtel Corporation Of India Ltd. Share Price

₹392.20 5.70 1.47%
as on 24-Apr'24 14:44

10 Year X-Ray of Railtel Corporation Of India Ltd.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	16.2%	12.6%	9.8%	11.7%	13.1%	11%	13.4%	10.4%	14.6%	12.3%	-
Value Creation Index ⓘ	0.2	-0.1	-0.3	-0.1	0.0	-0.2	0.0	-0.3	0.0	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	453	482	572	848	984	986	1,081	1,337	1,522	1,947	2,431
Sales YoY Gr.	-	6.3%	18.8%	48.2%	16%	0.2%	9.6%	23.8%	13.8%	27.9%	-
Adj EPS ⓘ	4.3	3.8	3.2	3.9	4.9	4.2	5.4	4.4	6.5	5.8	7.6
YoY Gr.	-	-12.7%	-16.2%	24.7%	24.1%	-13.7%	27.7%	-18.7%	48.2%	-10%	-
BVPS (₹) ⓘ	28.4	31.3	33.8	36.1	38.9	40	42.4	43.7	47.2	51	55.6
Adj Net Profit ⓘ	139	121	102	126	157	135	173	140	208	188	243
Cash Flow from Ops. ⓘ	-3.5	154	154	250	-9.9	32.3	154	374	258	249	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	17.6%	14.6%	21.7%	27.9%
Adj EPS ⓘ	3.4%	3.6%	2.7%	-10%
BVPSⓘ	6.7%	5.6%	6.3%	7.9%
Share Price	-	-	47.1%	249.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	16.2	12.6	9.7	11.3	13	10.7	13.1	10.2	14.3	11.9	14.2
Op. Profit Mgn % ⓘ	37.6	38.1	36	30.1	27.9	30.5	30.9	24.5	24.2	19.5	16.7
Net Profit Mgn % ⓘ	30.6	25.1	17.7	14.9	16	13.7	16	10.5	13.7	9.6	10
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	508	499	406	281	258	271	295	290	308	323	147
Cash Conv. Cycle ⓘ	-28	4	15	36	40	43	24	18	29	46	38

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.20%

Sales growth is growing at healthy rate in last 3 years 21.67%

Sales growth is good in last 4 quarters at 41.46%

Net Profit has been subdued in last 3 years 2.71%

Latest Financials - Railtel Corporation Of India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	7.6	6.3
TTM Sales (₹ Cr.)	2,431	2,054
BVPS (₹.) ⓘ	55.6	52.6
Reserves (₹ Cr.) ⓘ	1,464	1,366
P/BV ⓘ	6.95	7.35
PE ⓘ	50.98	61.52

From the Market
52 Week Low / High (₹)	104.05 / 491.15
All Time Low / High (₹)	84.00 / 491.15
Market Cap (₹ Cr.)	12,404
Equity (₹ Cr.)	320.9
Face Value (₹)	10
Industry PE ⓘ	87.4

Management X-Ray of Railtel Corporation Of India Ltd.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Railtel Corporation Of India Ltd.

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Railtel Corporation Of India Ltd.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	453	482	572	848	984	986	1,081	1,337	1,522	1,947
Operating Expenses ⓘ	284	298	366	593	710	685	747	1,010	1,154	1,568
Manufacturing Costs	164	185	200	436	548	543	595	774	937	1,333
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	65	70	88	105	118	111	117	122	183	194
Other Costs ⓘ	55	44	79	52	45	32	35	114	34	41
Operating Profit ⓘ	169	183	206	255	273	301	333	328	368	379
Operating Profit Margin (%)	37.4%	38.1%	36.0%	30.1%	27.8%	30.5%	30.9%	24.5%	24.2%	19.4%
Other Income ⓘ	84	73	69	57	41	31	34	31	28	39
Interest ⓘ	0	0	1	6	2	6	6	4	7	9
Depreciation ⓘ	85	90	81	116	119	112	131	159	160	154
Exceptional Items ⓘ	0	0	0	0	0	-37	-49	0	50	-2
Profit Before Tax ⓘ	169	166	194	189	194	179	181	195	280	253
Tax ⓘ	31	45	92	63	38	69	43	54	71	65
Profit After Tax	138	121	102	127	156	110	138	140	208	187
PAT Margin (%)	30.4%	25.1%	17.8%	14.9%	15.9%	11.1%	12.8%	10.5%	13.7%	9.6%
Adjusted EPS (₹)	4.3	3.8	3.2	4.0	4.9	3.4	4.3	4.4	6.5	5.8
Dividend Payout Ratio (%)	12%	14%	22%	18%	33%	57%	49%	50%	37%	44%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	913	1,004	1,084	1,157	1,249	1,284	1,361	1,403	1,516	1,637
Share Capital ⓘ	321	321	321	321	321	321	321	321	321	321
Reserves ⓘ	592	683	763	836	928	963	1,040	1,082	1,195	1,316
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	118	109	138	217	274	264	354	521	483	565
Others Liabilities ⓘ	1,023	937	988	931	735	608	541	668	736	1,033
Total Liabilities ⓘ	2,053	2,050	2,211	2,306	2,259	2,156	2,256	2,592	2,734	3,235
Fixed Assets
Gross Block	1,078	1,236	1,431	1,531	1,643	1,856	1,942	1,981	2,143	2,331
Accumulated Depreciation	511	640	720	837	955	1,066	1,153	1,221	1,368	1,510
Net Fixed Assetsⓘ	567	596	711	694	688	790	789	760	775	821
CWIP ⓘ	60	168	262	360	364	300	253	215	164	157
Investmentsⓘ	0	10	10	10	10	17	10	10	40	50
Inventories	3	1	1	0	0	1	0	1	1	1
Trade Receivables	154	168	258	368	465	457	475	761	666	1,033
Cash Equivalents	744	672	560	604	445	335	170	520	276	240
Others Assetsⓘ	525	435	410	270	287	256	559	324	812	933
Total Assets ⓘ	2,053	2,050	2,211	2,306	2,259	2,156	2,256	2,592	2,734	3,235

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-3	154	154	250	-10	32	154	374	258	249
PBT ⓘ	169	166	194	189	194	110	138	140	208	187
Adjustment ⓘ	-3	23	21	81	81	90	168	220	138	128
Changes in Working Capital ⓘ	-146	8	-35	23	-235	-107	-115	58	10	-38
Tax Paid ⓘ	-31	-43	-26	-43	-50	-61	-37	-44	-48	-31
Cash Flow From Investing Activity ⓘ	-51	-214	-240	-152	51	44	-48	-135	-213	-169
Capex	-95	-158	-297	-198	-117	-86	-62	-80	-117	-176
Net Investments	0	0	0	0	139	101	6	-66	-133	-9
Others ⓘ	44	-56	57	45	30	29	7	12	36	16
Cash Flow From Financing Activityⓘ	-20	-12	-26	-54	-62	-77	-62	-110	-104	-79
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-20	-12	-22	-45	-52	-62	-46	-100	-95	-69
Others ⓘ	0	0	-4	-9	-10	-15	-16	-9	-9	-10
Net Cash Flow ⓘ	-74	-72	-113	44	-20	-1	43	130	-59	1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	16.14	12.62	9.75	11.31	12.98	8.67	10.46	10.16	14.28	11.89
ROCE (%)	19.78	17.36	18.64	17.46	16.25	14.54	14.16	14.4	19.61	16.59
Asset Turnover Ratio	0.23	0.23	0.27	0.38	0.43	0.45	0.49	0.55	0.57	0.65
PAT to CFO Conversion(x)	-0.02	1.27	1.51	1.97	-0.06	0.29	1.12	2.67	1.24	1.33
Working Capital Days
Receivable Days	99	122	136	135	155	171	157	169	171	159
Inventory Days	3	2	1	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Railtel Corporation Of India Ltd Stock News

Railtel Corporation Of India Ltd FAQs

What is the share price of Railtel Corporation Of India Ltd.?

Company share prices are keep on changing according to the market conditions. The closing price of Railtel Corporation Of India Ltd. on 24-Apr-2024 14:44 is ₹392.2.

What is the market cap of Railtel Corporation Of India Ltd.?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Apr-2024 14:44 the market cap of Railtel Corporation Of India Ltd. stood at ₹12,404.3.

What is the P/E ratio of Railtel Corporation Of India Ltd.?

The latest P/E ratio of Railtel Corporation Of India Ltd. as of 24-Apr-2024 14:44 is 50.98.

What is the P/B ratio of Railtel Corporation Of India Ltd.?

The latest P/B ratio of Railtel Corporation Of India Ltd. as of 24-Apr-2024 14:44 is 6.95.

What is the 52-week high and low of Railtel Corporation Of India Ltd.?

The 52-week high of Railtel Corporation Of India Ltd. is ₹491.1 and the 52-week low is ₹104.0.

What is the TTM revenue of Railtel Corporation Of India Ltd.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Railtel Corporation Of India Ltd. is ₹2,431 ( Cr.) .

About Railtel Corporation Of India Ltd

The company is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India. It is a Mini Ratna (Category-I) Central Public Sector Enterprise, wholly-owned by the Government of India and under the administrative control of the Ministry of Railways. It was incorporated on September 26, 2000 with the aim of modernizing the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network by laying optical fiber cable by using the right of way along railway tracks.

The transport network is built on high-capacity dense wavelength division multiplexing (DWDM) technology and an Internet protocol/ multi-protocol label switching (MPLS) network over it to support mission critical communication requirements of Indian Railways and other customers. The company operate data centers in Gurugram, Haryana and Secunderabad, Telangana to host and collocate critical applications for customers including the Indian Railways. In addition to strategic and critical network infrastructure services, it also undertakes various ICT projects for the Indian Railways, central government and state governments, including various train control system projects for Indian Railways.

Business area of the company

The company offers a diverse range of services across industries. Its portfolio of services can be broadly classified as below:

Telecom Network Services:

National Long Distance (NLD) Services: The company provide digital capacity to carry long distance telecommunication services including various tele-services such as voice, data, fax, text, video and multimedia. As part of NLD services, it offers its enterprise customers with: (i) leased line services; and (ii) MPLS based virtual private network (VPN) facilities.
Internet Service Provider (ISP) Services: As part of the company’s ISP services, the company offers enterprise customers Internet leased line services with multiple bandwidth options ranging from 2 MBPS and above across India. It also offers retail broadband services through its ‘RailWire’ platform.
Telecom Infrastructure Services:
Passive Infrastructure (IP-1) Services: The company provides storage, power, cooling, and physical security for servers and networking equipment of its customers and connect them with a variety of telecommunications and network service providers. In addition, it provide space on microwave towers for collocating base transceiver stations (BTS) for telecom operators, small cell sites for extending their mobile coverage and space for collocating mobile switching centers. It also provide single core dark fiber for transmission of digital video signals to multiple system operators (MSOs) for cable distribution.

Managed Data Center and Hosting Services:

Data Centre and Managed Hosting Services: The company offer a variety of data centre services including Infrastructure as a Service or IaaS, dedicated hosting, managed services, cloud computing, managed e-Office services, disaster recovery services, Aadhar authentication services and other IT related services such as load balancing services, application hosting, bandwidth services and advanced firewall services.
Telepresence Services (TPaaS): The company offer end-to-end, high-definition, secure, hosted multitenant video conferencing facility bundled with required bandwidth as a service.
Security Operations Centre as a Services (SOCaaS): The company’s security operations centre (SOC) provides centralized and consolidated cyber security incident prevention and security event monitoring services, it has detection response capabilities and supports requirements of other business units. It is able to provide both offsite and onsite security solutions.

Projects (System Integration Services):

ICT Hardware, Software and Service System Integration Projects: The company collaborates with partners and OEMs to undertake ICT hardware implementation, software delivery and digital transformation projects including creation of state wide area network (WAN) and its maintenance, data center and facility management services, Wi-Fi projects, city surveillance projects, laying of state wide fiber optic network and its maintenance, implementation and maintenance of end-to-end IT applications of enterprises.
Digital Services: The company also collaborate with partners who offer solutions/ applications that are hosted on its data centers, it offers digital services including unified communications, Wi-Fi as a service, e-tendering/ e-auction/ smart payments and disaster management services.
Other Services: Other services offered by the company include consultancy services for ICT services and solutions and signaling services including signal design and design automation software tools for the Indian Railways.

Achievements, awards and accreditations

2010 Received the ‘MOU Excellence Award (2018-09)’ in the electronics and communications sector.
2014: Awarded the ‘Innovative Managed Services Award’ at the Aegis Graham Bell Awards 2014 for RailWire services.
2015: Received an award under the ‘Digital India’ category at the Aegis Graham Bell Awards 2015.
2015: Awarded the ‘Best Carrier of the Carrier’ Award at the VAR INDIA Star Nite Awards 2015.
2015: Received an award at the 12th National Awards for Excellence in Cost Management in the public-service sector (medium) category from the Institute of Cost Accounts of India.
2016: Received ‘Leadership Recognition’ in the internet and broadband category at the ‘Voice & Data Leadership Awards 2016’.
2016: Received ‘Leadership Recognition’ in the enterprise business services category at the ‘Voice & Data Leadership Awards 2016’’.
2016: Received 2nd Prize in the category of ‘Effective and Innovative use of Digital Communication’ at the SCOPE Corporate Communication Awards in 2016.
2016: Received an award that recognized the company as one of the ‘Top 50 PSU Organisations with innovative HR practices’ at the Asia Pacific HRM Congress organized by Times Ascent.
2016: Received an award for ‘Technology Adoption’ at the 4th PSU Awards 2016.
2017: Received the ‘Leadership Recognition Award’ in the “Internet & Broadband Services” category at the Voice & Data Telecom Leadership Awards, 2017.
2017: Received an award in the ‘Best Public Wi-Fi Project’ category at the My India Wi-Fi India Summit and Awards 2017.
2017: Received the ‘Certificate of Appreciation’ for the railway station wi-fi project initiative at the mBillionth award South Asia 2017.
2018: Received an award in the ‘Best Social Wi-Fi Project’ category at the My India Wi-Fi India Summit and Awards 2018.
2018: Received Voice & Data Telecom Leadership Award for Corporate Social Responsibility.
2019: Received an award at the Digital Innovation and Cyber Security Summit 2019 organized by Department of Information Technology and Electronics, Government of Haryana.
2019: Received Express Computer Digital Innovation award.
2020: Received Governance Now PSU award 2020 in Digital PSU Category.
2020: Received CSR Times Award as the Best PSU (Gold Category) in women empowerment category for its Menstrual Health Management Programme.
2020: Received the Silver SKOCH Award in Digital Economy for e-office Category, 2020.

Major events and milestones

2000: Incorporated as ‘Schedule A’ Central Public Sector Enterprise under the Ministry of Railways.
2002: Obtained the license for infrastructure providers category – II (IP-2) license to start commercial operations of leasing bandwidth to private telecom companies.
2012: Conferred ‘Mini Ratna Category-I’ status by Ministry of Railways, Government of India.
2014: Completed the SASEC Regional Network Project and launched TpaaS services.
2014: Incorporated wholly owned subsidiary – RailTel Enterprises Limited.
2017: Crossed Rs 1,000 crore total income for the first time since company’s incorporation.
2018: Implemented e-Office – paperless working system in South Central Railway HQ and Guntur division.