NSEI:RVNL

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Executive Summary

Rail Vikas Nigam Limited engages in the construction of rail infrastructure projects in India.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Rail Vikas Nigam's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RVNL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.3%

RVNL

-0.4%

IN Construction

1.3%

IN Market


1 Year Return

-26.3%

RVNL

-37.6%

IN Construction

-8.7%

IN Market

Return vs Industry: RVNL exceeded the Indian Construction industry which returned -37.6% over the past year.

Return vs Market: RVNL underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

RVNLIndustryMarket
7 Day2.3%-0.4%1.3%
30 Day4.5%5.4%6.6%
90 Day30.9%26.7%30.2%
1 Year-26.0%-26.3%-36.2%-37.6%-7.0%-8.7%
3 Yearn/a-27.8%-30.9%1.7%-3.0%
5 Yearn/a-22.6%-27.5%27.6%17.9%

Price Volatility Vs. Market

How volatile is Rail Vikas Nigam's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Rail Vikas Nigam undervalued compared to its fair value and its price relative to the market?

6.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RVNL (₹19.9) is trading above our estimate of fair value (₹0.77)

Significantly Below Fair Value: RVNL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RVNL is good value based on its PE Ratio (6.1x) compared to the Construction industry average (9.3x).

PE vs Market: RVNL is good value based on its PE Ratio (6.1x) compared to the Indian market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RVNL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RVNL is overvalued based on its PB Ratio (0.9x) compared to the IN Construction industry average (0.5x).


Next Steps

Future Growth

How is Rail Vikas Nigam forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rail Vikas Nigam has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Rail Vikas Nigam performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RVNL has high quality earnings.

Growing Profit Margin: RVNL's current net profit margins (4.9%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: RVNL's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: RVNL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RVNL had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Construction industry average (-2.7%).


Return on Equity

High ROE: RVNL's Return on Equity (14.2%) is considered low.


Next Steps

Financial Health

How is Rail Vikas Nigam's financial position?


Financial Position Analysis

Short Term Liabilities: RVNL's short term assets (₹66.5B) exceed its short term liabilities (₹19.3B).

Long Term Liabilities: RVNL's short term assets (₹66.5B) exceed its long term liabilities (₹37.6B).


Debt to Equity History and Analysis

Debt Level: RVNL's debt to equity ratio (71.1%) is considered high.

Reducing Debt: Insufficient data to determine if RVNL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RVNL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RVNL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Rail Vikas Nigam current dividend yield, its reliability and sustainability?

0.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RVNL's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: RVNL's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (2.84%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether RVNL's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if RVNL's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (2.8%), RVNL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Pradeep Gaur (54yo)

1.83yrs

Tenure

₹4,621,418

Compensation

Mr. Pradeep Gaur is Chairman & MD at Rail Vikas Nigam Ltd since September 1, 2018. 


CEO Compensation Analysis

Compensation vs Market: Pradeep's total compensation ($USD61.92K) is below average for companies of similar size in the Indian market ($USD365.08K).

Compensation vs Earnings: Insufficient data to compare Pradeep's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Pradeep Gaur
Chairman & MD1.83yrs₹4.62mno data
Kalpana Dubey
Company Secretary & Compliance Officerno data₹1.52mno data
Ajay Kumar
Director of Personnel & Director1.75yrs₹6.91mno data
Sanjeeb Kumar
CFO, Director of Finance & Additional Director0.17yrno datano data
Rajesh Prasad
Director of Operations & Executive Director0.33yrno datano data
Monica Agnihotri
General Manager of Marketingno datano datano data
Rajalakshmi Ramanathan
Chief Vigilance Officer7.42yrsno datano data
S. Dhiman
Chief Risk Officerno datano datano data
Vinay Singh
Director of Projects & Executive Director0.92yrno datano data
Dharmendra Pandey
Chief Project Manager of Kota - Civil0.92yrno datano data

0.9yrs

Average Tenure

Experienced Management: RVNL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Pradeep Gaur
Chairman & MD1.83yrs₹4.62mno data
Ajay Kumar
Director of Personnel & Director1.75yrs₹6.91mno data
Sanjeeb Kumar
CFO, Director of Finance & Additional Director0.17yrno datano data
Rajesh Prasad
Director of Operations & Executive Director0.33yrno datano data
Vinay Singh
Director of Projects & Executive Director0.92yrno datano data
Rajen Khwaja
Independent Part-Time Non-Official Director2.75yrs₹187.00kno data
Sabita Pradhan
Independent Part-Time Non Official Director2.75yrs₹112.00kno data
Lingireddy Muralikrishna Reddy
Independent Part-Time Non Official Director2.33yrs₹137.00kno data
Anil Kumar
Independent Part Time Non Official Director2.17yrs₹162.00kno data
Hari Gupta
Part-Time Govt. Nominee Director1.17yrsno datano data

1.8yrs

Average Tenure

54yo

Average Age

Experienced Board: RVNL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rail Vikas Nigam Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rail Vikas Nigam Limited
  • Ticker: RVNL
  • Exchange: NSEI
  • Founded: 2003
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹41.492b
  • Shares outstanding: 2.09b
  • Website: https://www.rvnl.org

Location

  • Rail Vikas Nigam Limited
  • August Kranti Bhawan
  • 1st Floor
  • New Delhi
  • Delhi
  • 110066
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542649BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2019
RVNLNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2019

Biography

Rail Vikas Nigam Limited engages in the construction of rail infrastructure projects in India. It undertakes rail project development and implementation, as well as provides financial resources mobilization services. The company executes various railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, bridges, construction of cable stayed bridges, institution buildings, etc. In addition, it constructs traffic facilities, other electrification works, rail over bridges, building of sub-ways in lieu of crossings, etc. The company serves Indian Railways, various central and state government ministries, departments, and public sector undertakings. Rail Vikas Nigam Limited was founded in 2003 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 12:40
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.