Rail Vikas Nigam Ltd share Price

Rail Vikas Nigam Limited is a civil work company. It has a market capitalization of INR 6,0886.26 Cr. as of 16th August ‘2021. As per the last audited balance sheet, the company has reported a combined turnover of INR 14,530.58 Cr. for FY 2020. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 542649 and scrip code RVNL, respectively. As of 16th August 2021, Rail Vikas Nigam Limited is trading at INR 29.20.

RVNL public limited company was incorporated on 24th January ‘2003 and commence its operation in 2005. RVNL is a Category-I Mini Ratna Company. The company’s other clients include various central and state government ministries, departments, and public sector undertakings. As of 17th August ‘2021, RVNL has Special Purpose Vehicles (SPVs) as Joint Ventures (JVs), where Equity infusion is more than 26%) for strengthening of Golden Quadrilateral and better connectivity. RVNL operate the BOT concept, where Ministry pay Access Charge/User Charge. As of 31st March 2020, 619 employees are employed by RVNL. As of 31st March 2020, 92 Projects were completed up to March 2020, 91 projects under construction, five projects yet to be sanctioned, and 76 projects fully completed until March 2019. RVNL has 38 projects implementation units in all the Zonal railways and 19 states of the country. The company made 1111.14 km of projects ready as compared to 733 km in 2018-19, implying a rise of 51.59%.

As of March 2020, reported net sales were INR 14,530.58 crore, which shows an increase of 44.31% from INR 10,068.68 crore reported in March 2019. Annual Net Profit as of March 2020 was INR 753.32 crore, which shows a rise of 9.54% from INR 687.74 crore, which was reported in March 2019. The Earning Per Share (EPS) has increased to INR 3.61 per share as of March 2020 from INR 3.30 per share reported in March 2019. As of June 2021, 78.20% share is held by the Minister of railways RVNL, including BSE 500. As of 31st March 2021, the book value of the share is 26.70.