Railtel Corporation is an organisation that provides network services such as VPN and broadband. It has its registered office in New Delhi and is a subsidiary of the Indian Railways under the Ministry of Railways of the government of India. The company was founded in 2000 to bring telecommunications services to the entirety of India. The company provides network services to more than 5,000 railway stations across India and every commercial centre.
On 21 January 2022, the market capitalisation of the company was Rs 4,075.91 crore. It reported consolidated sales of Rs 425 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 543265 and the National Stock Exchange with the code RAILTEL.
On 30 September 2022, the company’s shareholding pattern indicated a promoter stake of 72.8% and a 1% stake of foreign institutional investors. Mutual funds and DIIs held a consolidated stake of 4.2%, and the public held a stake of 21.9% in the company. The company’s shareholding pattern has remained largely consistent over the past year. The promoter of the company is the Government of India.
The company’s board of directors comprises Aruna Singh, Anand Kumar Singh, Sanjai Kumar, N Manoharan, Rakesh Ranjan, and Subhash Sharma. The company secretary of the company is Jasmeet Singh Marwah. The auditors are PSMG & Associates and Suresh Chandra & Associates. On 30 September 2022, the company had a total of 32.1 crore shares outstanding.
On 21 January 2023, Railtel Corporation’s share price on BSE was Rs 127.60 and Rs 127.1 on NSE. The share price touched a 52-week high of Rs 148.70 and a 52-week low of Rs 84.00. Its three-month return to investors was 20%, while its one-year return was 7%.
The company’s trailing twelve-month (TTM) revenue was Rs 1,548 crore as of 31 December 2022. At the same time, the company had a net profit of Rs 208 crore. The company’s P/E TTM was 20.22. The ROE of the company was 14.22, while the ROCE of the company was 17.59.
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Railtel Corporation of India share price as on 25 Apr 2024 is Rs. 396.25. Over the past 6 months, the Railtel Corporation of India share price has increased by 83.75% and in the last one year, it has increased by 253.48%. The 52-week low for Railtel Corporation of India share price was Rs. 110.55 and 52-week high was Rs. 491.45.
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