Financials RailTel Corporation of India Limited

Equities

RAILTEL

INE0DD101019

Integrated Telecommunications Services

Delayed NSE India S.E. 11:26:38 22/05/2024 BST 5-day change 1st Jan Change
428 INR -1.17% Intraday chart for RailTel Corporation of India Limited +9.60% +26.61%

Valuation

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Capitalization 1 40,695 26,991 32,447 138,966 - -
Enterprise Value (EV) 1 35,113 26,991 32,447 116,741 133,302 131,640
P/E ratio 28.6 x 12.9 x 17.2 x 47.4 x 42.2 x 35.5 x
Yield 1.74% 2.85% 2.52% 0.79% 0.98% 1.17%
Capitalization / Revenue 2.95 x 1.74 x 1.65 x 4.55 x 4.24 x 3.73 x
EV / Revenue 2.55 x 1.74 x 1.65 x 4.55 x 4.07 x 3.53 x
EV / EBITDA 10.7 x 7.36 x 8.57 x 25.2 x 24.1 x 20.6 x
EV / FCF 13.5 x 18.2 x 61.8 x 72.2 x 87.3 x 58.3 x
FCF Yield 7.39% 5.49% 1.62% 1.39% 1.15% 1.71%
Price to Book 2.88 x 1.77 x 1.97 x 7.71 x 6.87 x 6.18 x
Nbr of stocks (in thousands) 320,938 320,938 320,938 320,938 - -
Reference price 2 126.8 84.10 101.1 433.0 433.0 433.0
Announcement Date 25/06/21 24/05/22 17/05/23 02/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 13,778 15,484 19,635 25,678 32,744 37,301
EBITDA 1 3,271 3,668 3,785 4,639 5,540 6,386
EBIT 1 1,678 - - 3,062 3,847 4,574
Operating Margin 12.18% - - 11.92% 11.75% 12.26%
Earnings before Tax (EBT) 1 1,972 2,806 2,548 3,281 4,396 5,222
Net income 1 1,424 2,090 1,891 2,462 3,292 3,912
Net margin 10.34% 13.49% 9.63% 9.59% 10.05% 10.49%
EPS 2 4.440 6.510 5.890 7.670 10.25 12.20
Free Cash Flow 1 2,594 1,481 524.7 1,885 1,528 2,256
FCF margin 18.83% 9.57% 2.67% 7.18% 4.66% 6.05%
FCF Conversion (EBITDA) 79.31% 40.38% 13.86% 40.32% 27.57% 35.33%
FCF Conversion (Net income) 182.11% 70.89% 27.75% 72.25% 46.4% 57.69%
Dividend per Share 2 2.200 2.400 2.550 3.400 4.250 5.050
Announcement Date 25/06/21 24/05/22 17/05/23 02/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q3 2023 Q4
Net sales 1 - 7,036
EBITDA 1 - 982
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) 1 - 1,031
Net income 1 319.5 760.4
Net margin - 10.81%
EPS 2 0.9960 2.370
Dividend per Share - -
Announcement Date 31/01/23 17/05/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 5,582 - - 2,947 5,664 7,326
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,594 1,481 525 1,885 1,528 2,257
ROE (net income / shareholders' equity) 10.2% 14.2% 11.9% 14.8% 16.7% 17.8%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 44.00 47.60 51.40 56.20 63.00 70.10
Cash Flow per Share - - - - - -
Capex 1 894 1,158 1,771 1,860 2,380 2,254
Capex / Sales 6.49% 7.48% 9.02% 7.09% 7.27% 6.04%
Announcement Date 25/06/21 24/05/22 17/05/23 02/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
2
Last Close Price
433 INR
Average target price
236.5 INR
Spread / Average Target
-45.38%
Consensus

Annual profits - Rate of surprise

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