NSEI:RVNL

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Solid track record with mediocre balance sheet.

Risks

  • Rail Vikas Nigam is not covered by any analysts.

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


Market Performance


7 Day Return

-1.6%

NSEI:RVNL

-0.9%

IN Construction

-0.7%

IN Market


1 Year Return

n/a

NSEI:RVNL

-9.7%

IN Construction

-12.8%

IN Market

No trading data on RVNL.

No trading data on RVNL.


Share holder returns

RVNLIndustryMarket
7 Day-1.6%-0.9%-0.7%
30 Day0.8%-5.0%-3.2%
90 Day1.7%-8.6%-6.7%
1 Yearn/a-8.7%-9.7%-11.0%-12.8%
3 Yearn/a20.5%16.7%19.2%13.0%
5 Yearn/a35.7%27.6%38.0%24.9%

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 based on future cash flows and its price relative to the stock market?

7.06x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Rail Vikas Nigam's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Rail Vikas Nigam's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Rail Vikas Nigam is good value based on earnings compared to the IN Construction industry average.

Rail Vikas Nigam is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Rail Vikas Nigam, we can't assess if its growth is good value.


Price Based on Value of Assets

Rail Vikas Nigam is overvalued based on assets compared to the IN Construction industry average.


Next Steps

Future Growth

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

-4.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Rail Vikas Nigam is high growth as no revenue estimate data is available.

Rail Vikas Nigam's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Rail Vikas Nigam's revenue growth to the India market average as no estimate data is available.

Rail Vikas Nigam's earnings are expected to decrease over the next 1-3 years, this is below the India market average.

Rail Vikas Nigam's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Rail Vikas Nigam will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

15.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Rail Vikas Nigam's year on year earnings growth rate has been positive over the past 5 years.

Rail Vikas Nigam's 1-year earnings growth exceeds its 5-year average (16% vs 15.7%)

Rail Vikas Nigam's earnings growth has exceeded the IN Construction industry average in the past year (16% vs 1.3%).


Return on Equity

Rail Vikas Nigam has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Rail Vikas Nigam used its assets more efficiently than the IN Construction industry average last year based on Return on Assets.


Return on Capital Employed

Rail Vikas Nigam has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Rail Vikas Nigam's financial position?


Financial Position Analysis

Rail Vikas Nigam is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Rail Vikas Nigam's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Rail Vikas Nigam's level of debt (68.8%) compared to net worth is high (greater than 40%).

Unable to establish if Rail Vikas Nigam's debt level has increased without past 5-year debt data.

Debt is not well covered by operating cash flow (2.3%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 10.3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.7x debt.


Next Steps

Dividend

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

0.37%

Current Dividend Yield


Dividend Yield and Payments Analysis

Rail Vikas Nigam's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.63%).

Rail Vikas Nigam's dividend is below the markets top 25% of dividend payers in India (2.51%).

It is too early to tell whether Rail Vikas Nigam has stable dividend payments.

Rail Vikas Nigam only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (38.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Rail Vikas Nigam's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Pradeep Gaur (53yo)

0.9yrs

Tenure

0

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


Management Age and Tenure

1.8yrs

Average Tenure

53yo

Average Age

The average tenure for the Rail Vikas Nigam management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.4yrs

Average Tenure

53.5yo

Average Age

The average tenure for the Rail Vikas Nigam board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Rajalakshmi Ramanathan

    Chief Vigilance Officer

    • Tenure: 6.5yrs
  • Ajay Kumar

    Director of Personnel & Director

    • Tenure: 0.8yrs
  • S. Dhiman

    Chief Risk Officer

    • Tenure: 0.0yrs
  • Kalpana Dubey

    Company Secretary & Compliance Officer

    • Tenure: 0.0yrs
    • Compensation: ₹1.34m
  • Ashok Choudhary

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: ₹6.29m
  • Arun Kumar

    Director of Operations & Director

    • Tenure: 1.8yrs
    • Compensation: ₹6.62m
  • Vinay Singh (54yo)

    Executive Director & Director of Projects

    • Tenure: 0.0yrs
  • Monica Agnihotri

    General Manager of Marketing

    • Tenure: 0.0yrs
  • Pradeep Gaur (53yo)

    Chairman & MD

    • Tenure: 0.9yrs
  • Hari Gupta (53yo)

    Govt. Nominee Director

    • Tenure: 0.3yrs

Board Members

  • Ajay Kumar

    Director of Personnel & Director

    • Tenure: 0.8yrs
  • Arun Kumar

    Director of Operations & Director

    • Tenure: 1.8yrs
    • Compensation: ₹6.62m
  • Vinay Singh (54yo)

    Executive Director & Director of Projects

    • Tenure: 0.0yrs
  • Pradeep Gaur (53yo)

    Chairman & MD

    • Tenure: 0.9yrs
  • Amar Dwivedi

    Govt. Nominee Director

    • Tenure: 1.4yrs
  • Rajen Khwaja

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: ₹36.00k
  • Sabita Pradhan

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: ₹12.00k
  • Lingireddy Muralikrishna Reddy

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: ₹12.00k
  • Anil Kumar (58yo)

    Part Time Non Official Director

    • Tenure: 1.3yrs
  • Hari Gupta (53yo)

    Govt. Nominee Director

    • Tenure: 0.3yrs

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: ₹50.874b
  • 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 mobilizatio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 12:59
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
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.