Rail Vikas Nigam Ltd Share Price Target 2024, 2024, 2025, 2030: Indian Railways has come a long way in the field of traffic and transportation today. All of us will definitely have a golden memory of the train journey.
Rail Vikas Nigam Ltd Company Information
Rail Vikas Nigam Ltd was established in the year 2003. It is under the Ministry of Railways, Government of India, which works to create infrastructure for the Indian Railways. This company mainly constructs and repairs new rail track, double track, gauge conversion, electrification, metro project, workshop, railway bridge etc.
The total market cap of the company is around ₹15,105 Crore.
Looking at the pattern of share holdings, His Excellency the President is included in its promoter. Promoters hold 78.2%, retail investors hold 12.61%, domestic investors hold 7.43% and foreign investors hold 1.76%.
Rail Vikas Nigam Ltd Current share price
Rail Vikas Nigam Limited has a total market cap of ₹15,105 crore. The company’s stock is currently seen trading around ₹72.
The stock has also been seen trading at its lowest of ₹29 and highest of ₹84 in the last one year. The stock has shown a growth of 105% in last one year and 280% in 5 years.
Rail Vikas Nigam Ltd share Analysis
The company’s market cap is ₹15,105 crore and the stock is currently trading around ₹72. The stock has a P/E ratio of 11.18 compared to the industry P/E of 8.98.
A number of investors and the market have great faith in the company’s potential. The company has a book value of ₹33.68 and the stock is currently trading at about 2.36 times its book value. The company also offers EPS of approximately ₹6.48 per share.
The ROE of the company is also healthy at 19.66%. Talking about dividend, the company also gives a dividend of 2.53%. The company has a debt of ₹6,615 crore, with a debt-to-equity ratio of 0.91.
The company has a cash of ₹6,785 crore along with an interest coverage of 3.49, so that the company’s debt is not a cause of concern.
Year after year, we are seeing a significant growth in the revenue and profit of the company.
The revenue has increased from ₹15,404 crore to ₹19,382 crore in the last one year. We have seen a growth of 25.82% in revenue last year and 155% in 5 years. The profit of the company has also increased from ₹992 crore to ₹1183 crore.
Where the company’s profit has increased by 19.25% in the last one year, it is 107% in the last 5 years. The assets of the company have also increased by about ₹1300 crore.
We have seen a slight de-growth in profit margin. There has also been a reduction in operating expenses. The company’s free-cash-flow has increased by 540% and we have also seen a growth of 1044% in operating cash.
Rail Vikas Nigam Ltd share price target 2023
Apart from the strong fundamentals of the company, good performance is being seen on the charts as well.
The company is increasing its profit growth year after year and we have also seen a growth of 105% in the last 5 years.
In sales also, where we got to see a growth of up to 25% last year, the growth of the last 5 years has been more than 100%.
The stock is consistently generating a better ROE, while it is trading at 3.44 times the debt in terms of cash reserves.
The first target of the stock is expected to be ₹85 in 2023, while the second target can be around ₹125.
| First Target 2023 | 85 (Achieved) |
| Second Target 2023 | 125 (Achieved) |
Rail Vikas Nigam Ltd share price target 2024
The company has built many infrastructures for the Indian Railways Department and many projects are still under construction.
Also every year the company is trying to increase its assets, this year we have seen a growth of 39.80% in assets.
Along with this, the company is constantly trying to reduce its operating expenses, which is going to be of great benefit to the shareholders. This year we have also seen a growth of 1044% in operating cash.
In 2024, the first target of the stock can be ₹ 132, while the second target is expected to be ₹ 145.
| First Target 2024 | 132 (Achieved) |
| Second Target 2024 | 145 (Achieved) |
Rail Vikas Nigam Ltd share price target 2025
The cash conversion period of the company is very good and cash receivables are also very less. Many a times, cash receivables worth several thousand crores remain lying in such government company, due to which the company has to face a lot of difficulties.
But in the case of this company it is very less. Along with this, the company is continuously increasing its cash flow as well as using them in an efficient manner.
With this excellent method of cash management, the company also gets many benefits, which we see later in profits.
In 2025, the first target of the stock is going to be ₹151, while the second target is likely to be around ₹200.
| First Target 2025 | 151 (Achieved) |
| Second Target 2025 | 200 (Achieved) |
Rail Vikas Nigam Ltd share price target 2030
Along with the construction of many more metro rails, track expansion and gauge conversion have been targeted by the Government of India under the Rail Vikas Yojana.
In order to reduce the cost in the field of transport, the aim of high-speed rail has also been kept. In the coming time, apart from having many projects with the company, there is every possibility of getting a lot of investors.
In 2030, the first target of the stock can go around ₹ 300, while the second target can be around ₹ 340.
| First Target 2030 | 300 |
| Second Target 2030 | 340 |
Read Also- ICICI Bank Share Price Target 2024, 2025, 2026, 2027, 2030
Conclusion
Shares of a company like Rail Vikas Nigam Limited may be available at a low price now, but you can expect a lot from them. These companies prove to be very helpful in furthering the country’s economy. You can definitely choose similar shares for long term.
Hope you have liked our article “Rail Vikas Nigam Ltd Share Price Target 2024, 2025, 2026, 2030” very much.
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