Rail Vikas Nigam Ltd.
Snapshot View

30.35 -0.30 ▼-1.0%

23 July 2021, 04:00:00 P.M.
Volume: 742,187

Overview View Details

Sector Infrastructure Compare with Sector peers
Industry Engineering - Construction Compare with Industry peers
Website http://www.rvnl.org
Financial Indicators
Market Cap 6,307.19 Cr.
Earnings per share (EPS) 4.42 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 6.84 Trailing Twelve Months Ending 2021-03
Industry PE 47.33 Trailing Twelve Months Ending 2021-03
Book Value / Share 26.70 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.13 Calculated using Price: 30.25
Dividend Yield 1.45 Period Ending 2020-03
No. of Shares Subscribed 208.50 Cr. 2,085,020,100 Shares
FaceValue 10
Company Profile

To bridge the infrastructure deficit on Indian Railways, the then Prime Minister, Bharat Ratna Shri Atal Bihari Vajpayee announced National Rail Vikas Yojana (NRVY) on August 15, 2002 in his address from the Red Fort. NRVY was formally launched by Hon’ble PM on December 26, 2002. To implement NRVY, Rail Vikas Nigam Ltd (RVNL) was incorporated as an 100% owned PSU of Ministry of Railways (MoR) on January 01, 2003 with the twin objectives of raising extra-budgetary resources and implementation of projects relating to creation and augmentation of capacity of rail infrastructure on fast track basis. RVNL became fully functional by March 2005.

RVNL functions as an extended arm of the Ministry of Railways working for & on behalf of MoR. It is empowered to act as an Umbrella SPV to undertake project development, resource mobilization etc. directly or by creating project specific SPVs or by any other financing structure found suitable. RVNL’s mandate includes mobilization of extra budgetary resources through a mix of equity, and debt from banks, financial institutions, multilateral agencies like Asian Development Bank and bilateral agencies for project execution through PPP by formation of project specific SPVs for Port and Hinterland connectivity. RVNL can enter into and carry on business relating to creation and augmentation of capacity of rail infrastructure on fast track.

In August 2004, it was decided that the issue of raising funds from the market to meet capital expenditure required for execution of projects by RVNL will be entrusted to IRFC. Accordingly, the focus of raising EBR for projects by RVNL has been on creation of project specific SPVs which are mentioned below.

  • RVNL has been granted Mini Ratna-I status on September 19, 2013.
  • The paid up Equity Capital of the company is Rs 2085 crore.

Business area of the company

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc. It generally works on a turnkey basis and undertake the full cycle of project development from conceptualization to commissioning including stages of design, preparation of estimates, calling and award of contracts, project and contract management, etc. and all stages of project execution upto the stage of commissioning of the new railway lines.

Awards and Recognition

  • 2012: ICI - UltraTech Endownment Award for Outstanding Concrete Structure of Kerala (Infrastructure) for ‘Rail Bridge to International Transshipment Terminal at Vallarpadam - Cochin’.
  • 2013: Awarded Miniratna Category - I status.
  • 2014: ICC-DPE PSE Excellence Award for CSR & Sustainability.
  • 2014: ICC-DPE PSE Excellence Award for Corporate Governance.
  • 2015: Governance Now PSU Award for overall financial performance in Miniratna Category.
  • 2016: Governance Now PSU Award for best overall performance in Miniratna Category.
  • 2017: Dun & Bradstreet PSU Award for best performance in the Contract & Construction Services.
  • 2018: Dun & Bradstreet PSU Award for best Miniratna in Services Category.
  • 2018: Dun & Bradstreet PSU Award for ‘Construction - Infrastructure Development (Railways).
  • 2018: Dun & Bradstreet Infra Award for ‘Construction of Venkatachalam Junction New Railway Line.

Major Events & Milestones

  • 2003: Incorporated as a public company.
  • 2003: Categorised as Schedule A company.
  • 2013: Granted Miniratna category-I status.
  • 2015: The company’s turnover crossed Rs 30,000 million.
  • 2017: The company’s turnover crossed Rs 50,000 million.
  • 2018: The company’s turnover crossed Rs 75,000 million.
  • 2019-20: The Government of India (i.e. Ministry of Railways) announced the divestment of its stake of 12.16% amounting to 25,34,57,280 equity shares of the paid-up equity share capital of the Company through Initial Public Offer (IPO).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.98%
1 Week
-3.65%
1 Month
-5.30%
3 Month
+14.53%
6 Month
+4.66%
1 Year
+58.90%
2 Year
+27.52%
5 Year
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 10.70 12.93 11.14 12.55 14.16 16.19
Return on Capital Employed (%) 2.67 2.86 3.85 11.64 12.57 12.35
Return on Assets (%) 1.94 2.07 2.41 5.48 5.75 6.24

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 3,017 3,291 3,563 3,924 4,396 5,116
Non Curr. Liab. 2,942 3,181 2,405 2,618 3,165 4,535
Curr. Liab. 10,644 16,345 2,857 1,783 4,604 2,867
Minority Int.
Equity & Liab. 16,603 22,817 8,825 8,325 12,165 12,518
Non Curr. Assets 1,675 2,040 2,923 3,690 3,872 3,830
Curr. Assets 14,928 20,777 5,901 4,635 8,292 8,688
Misc. Exp. not W/O
Total Assets 16,603 22,817 8,825 8,325 12,165 12,518

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 3,448 4,736 5,920 7,597 10,069 14,531
Other Income 120 183 248 325 334 305
Total Income 3,568 4,918 6,167 7,923 10,403 14,835
Total Expenditure -3,129 -4,367 -5,645 -7,215 -9,538 -13,744
PBIDT 440 551 522 708 865 1,091
Interest -10 -9 -35 -145 -131 -100
Depreciation -38 -38 -5 -5 -6 -20
Taxation -69 -96 -100 -95 -152 -201
Exceptional Items 6 12
PAT 323 408 382 470 589 770

Cash Flow View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 278 -363 -695 -965
Cash Fr. Inv. 20 36 320 126
Cash Fr. Finan. -421 -581 319 827
Net Change -123 -908 -56 -11
Cash & Cash Eqvt 1,255 342 285 274

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 87.84 87.84 87.84 87.84 87.84 87.84 87.84 78.21 78.20
Public 12.16 12.16 12.16 12.16 12.16 12.16 12.16 21.79 21.80
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Compliance With Regulation 23 (9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to Regulation 23(9) of the SEBI (LODR) Regulations 2015 we are enclosing herewith a disclosure of Related Party Transactions on a consolidated basis for the half- year ended 31st March 2021.
Fri, 16 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
013130
Name of the Signatory :- Ms Kalpana Dubey
Designation :- Company Secretary and Compliance Officer
Fri, 16 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We submit herewith a Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021 received from M/s Alankit Assignments Limited (RTA) of the Company.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Close Crossing Current Month Low Close Crossing Current Month Low
Close Crossing Current Week Low Close Crossing Current Week Low

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