Skip to content
Railtel Corporation of India logo

Railtel Corporation of India

RAILTEL NSE
₹236.34 No trade today
P/E
21.92
View as Markdown
MCP
Close 4 Nov 2026 ₹236.34 −118.16 −33.3% 1Y
Start ₹354.50

Key Fundamentals

MicrocapTelecom - ServicesTelecom

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
22.80%
Debt to Equity
0.03
EPS (TTM)
₹10.78
Book Value
₹73.52
Market Cap
—
P/E (TTM)
21.92
P/B
3.21
ROE
17.10%
Dividend Yield
0.44%
EBITDA
₹417 Cr
52W High
₹391.00
52W Low
₹220.06
Volume
0

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

56 Good

Data confidence 100/100

Category scores

Quality
69
Strong
Returns, margins, earnings quality 22% weight
Valuation
40
Weak
Cheap vs sector & own history 24% weight
Growth
66
Good
Sales & profit trajectory 9% weight
Financial Health
71
Strong
Solvency, leverage, coverage 9% weight
Momentum
18
Poor
Trend strength, vol-adjusted 12% weight
Ownership
64
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

4
  • Company is almost debt free.
  • Company has delivered good profit growth of 21.0% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 32.6%
  • Company's median sales growth is 23.4% of last 10 years

Weaknesses

1
  • Company has high debtors of 175 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1063
OscillatorsBearish261
Moving AveragesStrong Bearish802

Key readings

RSI (14)
44.38
Neutral
MACD (12,26,9)
−8.11
Bullish
SMA (50)
255.79
Bearish
SMA (200)
295.79
Bearish

As of

Analyst Rating

Based on 2 analysts
SELL100%

0 of 2 analysts rate Buy, 0 Hold, 2 Sell.

As of

BUY
0
0%
HOLD
0
0%
SELL
2
100%

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+22.29%
5Y+26.18%
3Y+29.77%
1Y+22.97%
TTM+20.83%

Net profit

Net profit growth by window
10Y+12.99%
5Y+19.84%
3Y+22.55%
1Y+15.33%
TTM+9.15%

Operating cash flow

Operating cash flow growth by window
10Y—
5Y−3.31%
3Y+3.62%
1Y+23.92%
TTM—

10Y: The statements do not go back far enough for this window.

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−21.09 pp
5Y−9.61 pp
3Y−4.45 pp
1Y−0.46 pp
TTM−0.18 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹851 Cr
Mar 2018₹984 Cr
Mar 2019₹986 Cr
Mar 2020₹1,081 Cr
Mar 2021₹1,337 Cr
Mar 2022₹1,522 Cr
Mar 2023₹1,957 Cr
Mar 2024₹2,568 Cr
Mar 2025₹3,478 Cr
Mar 2026₹4,277 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹128 Cr
Mar 2018₹156 Cr
Mar 2019₹110 Cr
Mar 2020₹138 Cr
Mar 2021₹140 Cr
Mar 2022₹208 Cr
Mar 2023₹188 Cr
Mar 2024₹246 Cr
Mar 2025₹300 Cr
Mar 2026₹346 Cr

Analyst Forecasts

Forecast For
FY27 consensus · EBITDA
₹715 Cr +4.2% vs FY26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 6 Jul 2026
AI opinion · based on fundamentals
Risk medium

Railtel Corporation of India Ltd is a nearly debt-free PSU telecom company with a market cap of ₹9,928 Cr, trading at a PE of 29.2x. The company has delivered strong compounded sales growth of 26% CAGR over 5 years and profit growth of 21% CAGR over the same period, though its stock has declined 25% over the last 1 year and carries high debtor days of 175.

Bull Case 8
  • Company is virtually debt-free, giving it a clean balance sheet and financial flexibility for capex-intensive telecom projects
  • Compounded sales growth of 26% CAGR over 5 years and 22% CAGR over 10 years demonstrates sustained revenue momentum
  • Compounded profit growth of 21% CAGR over 5 years indicates strong operating leverage and improving profitability
  • Return on Equity of 17% in the last year, improving from 13% over 10 years to 16% over 3 years, shows rising capital efficiency
  • TTM sales growth of 23% shows continued top-line acceleration in the most recent period
  • Median sales growth of 23.4% over the last 10 years reflects consistency rather than lumpy performance
  • Healthy dividend payout ratio of 25.6% provides income while still retaining capital for growth
  • Price-to-book ratio of 4.47x combined with 17% ROE suggests the company is generating returns above cost of equity for shareholders
Bear Case 6
  • High debtor days of 175 indicate significant working capital stress and delayed collections, typical risk for government-dependent revenue
  • Stock has declined 25% over the last 1 year, reflecting market repricing of the business despite operational growth
  • TTM profit growth of 16% lags behind TTM sales growth of 23%, suggesting possible margin compression or rising costs
  • Revenue heavily dependent on government contracts and Indian Railways capex cycles, creating concentration risk
  • 5-year stock CAGR of 17% trails the 5-year profit CAGR of 21%, indicating PE de-rating over the period
  • Price-to-book of 4.47x is high for a PSU, and any slowdown in ROE from the current 17% could compress this multiple further

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

121d ago

TL;DR: RailTel is on an aggressive order-winning streak, securing over ₹680 crore in new contracts within a single month across diverse segments including railways, defence, state governments, and municipal bodies. The order pipeline is well-diversified between IT infrastructure, networking (MPLS/SD-WAN), and digital platforms. No visible headwinds in recent news flow. If execution keeps pace with order inflows, the revenue growth trajectory looks firmly positive going into FY27.

Positives 8
  • ₹334.52 Cr e-Office upgrade order Jun 23

    Received purchase order from Ministry of Railways worth ₹334.52 crore (excl. tax) for e-Office version 7.x upgrade across Zonal Railways. Execution deadline is June 22, 2031.

  • ₹107.6 Cr Mahanadi Coalfields order Jun 30

    Secured ₹107.6 crore order from Mahanadi Coalfields for MPLS VPN network with a 60-month contract duration.

  • ₹82.04 Cr railway signalling works Jun 8

    Letter of Acceptance worth ₹82.04 crore from Haryana Rail Infrastructure Development Corp for S&T works on Dhulawat-Manesar-New Patli section, to be executed by Nov 27, 2027.

Neutral 3
  • ₹13.6 Cr DigiThane citizen platform Jul 1

    Received Letter of Intent from Thane Municipal Corporation for DigiThane Citizen Engagement Platform worth ₹13.6 crore over a 10-year period ending June 28, 2036.

  • Senior management appointments Jul 1

    Vishwanath Bharatula promoted to Principal Executive Director and Harish Pawaria appointed as ED/Northern Region effective July 1, 2026, following superannuation of two executives.

  • Govt holds 72.84% stake unchanged Jun 17

    Government of India held 23.37 crore equity shares in RailTel as of March 31, 2026, with no shares encumbered during FY26.

Quarterly Results

₹ Cr
RAILTEL quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
468
599
668
833
558
843
768
1,308
744
951
913
1,669
893
1,146
Expenses
377
472
539
716
455
714
646
1,129
628
797
780
1,436
762
—
Operating Profit
90
127
130
117
103
129
121
180
116
154
133
233
132
—
OPM %
19%
21%
19%
14%
19%
15%
16%
14%
16%
16%
15%
14%
15%
—
Other Income
−1
2
−4
31
2
5
14.67
32
18
−2
1
8
9
—
Interest
1
1
0
4
1
1
1
1
1
1
1
2
1
1
Depreciation
37
38
41
43
38
40
43
60
44
47
49
49
50
53
PBT
50.21
90
84
102
67
94
90
151
89
105
85
190
89
92
Tax %
25%
25%
26%
24%
27%
23%
27%
25%
26%
28%
27%
25%
26%
26%
Net Profit
37.46
68
62
78
49
73
65
113
66
76
62
142
66
69
EPS (₹)
1.2
2.12
1.94
2.42
1.52
2.26
2.03
3.53
2.06
2.37
1.94
4.42
2.05
—

Sep 2026: from the results filed on 25 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
RAILTEL profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
482
572
851
984
986
1,081
1,337
1,522
1,957
2,568
3,478
4,277
4,427
Expenses
298
367
595
710
685
747
1,010
1,154
1,578
2,103
2,943
3,640
3,775
Operating Profit
184
206
256
273
301
333
328
368
379
464
535
638
652
OPM %
38%
36%
30%
28%
31%
31%
24%
24%
19%
18%
15%
15%
15%
Other Income
72
70
52
41
−6
−18
28
76
35
28
52
26
17
Interest
0
1
1
2
5
4
2
4
6
6
3.11
5
4
Depreciation
90
81
116
119
112
131
159
160
154
158
180
189
196
PBT
166
194
191
194
179
181
195
280
254
328
402
470
470
Tax %
27%
47%
33%
19%
39%
24%
28%
25%
26%
25%
25%
26%
—
Net Profit
121
102
128
156
110
138
140
208
188
246
300
346
346
EPS (₹)
3.77
3.18
3.99
4.87
3.42
4.31
4.37
6.49
5.87
7.67
9.34
10.79
10.78
Div. Payout %
14%
22%
40%
12%
58%
49%
50%
37%
43%
37%
31%
30%
—

Balance Sheet

₹ Cr
RAILTEL balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
—
321
321
321
321
321
321
321
321
321
321
321
Reserves
—
763
838
928
963
1,040
1,082
1,195
1,328
1,506
1,679
1,941
Borrowings
—
0
0
0
1
43
0
32
42
46
45
64
Other Liabilities
—
1,126
1,155
1,010
870
852
1,213
1,212
1,658
2,177
3,117
3,505
Total Liabilities
—
2,211
2,315
2,259
2,156
2,256
2,616
2,759
3,349
4,050
5,161
5,830
Fixed Assets
—
711
694
688
790
789
760
775
821
913
1,081
1,281
CWIP
—
262
360
364
300
253
215
164
157
130
124
81
Investments
—
10
0
10
17
10
10
40
40
90
39
0
Other Assets
—
1,228
1,261
1,197
1,049
1,204
1,632
1,781
2,330
2,916
3,917
4,468
Total Assets
—
2,211
2,315
2,259
2,156
2,256
2,616
2,759
3,349
4,050
5,161
5,830

Cash Flow

₹ Cr
RAILTEL cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
—
—
—
—
—
154
374
258
284
556
255
316
Investing
—
—
—
—
—
−48
−135
−213
−203
−419
−82
−77
Financing
—
—
—
—
—
−62
−110
−104
−79
−77
−113
−150
Net Cash Flow
—
—
—
—
—
43
130
−59
3
60
60
89
Free Cash Flow
—
—
—
—
—
76
294
142
107
347
−70
44
CFO/EBITDA
—
—
—
—
—
57
128
83
83
126
55
56

Ratios

RAILTEL financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
—
164
160
173
169
160
208
160
195
180
166
175
Cash Conversion Cycle
—
164
160
173
169
160
208
160
195
180
166
175
Working Capital Days
—
−66
−91
1
−17
15
−6
7
50
−21
30
34
ROCE %
—
—
17%
16%
17%
17%
14%
16%
16%
20%
22%
23%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Railtel Corporation of India insights

57 extracted metrics across FY15–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 72.84%
  • Public 20.34%
  • FIIs 3.98%
  • Others 1.81%
  • DIIs 1.03%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Railtel Corporation of India

What does Railtel Corporation of India Ltd do?
RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a "Navratna" PSU of the Government of India.
Where is Railtel Corporation of India Ltd (RAILTEL) listed?
Railtel Corporation of India Ltd trades as RAILTEL on the NSE and under code 543265 on the BSE.
Which sector does Railtel Corporation of India Ltd belong to?
Railtel Corporation of India Ltd is classified under the Telecom sector, in the Telecom Services industry.
What is the PE ratio of Railtel Corporation of India Ltd?
Railtel Corporation of India Ltd trades at a PE ratio of 21.92 as of 4 Nov 2026, on earnings per share of ₹10.78, against a book value of ₹73.52 per share.
What is the 52-week high and low of Railtel Corporation of India Ltd?
Over the last 52 weeks Railtel Corporation of India Ltd has traded between ₹220.06 and ₹391 as of 4 Nov 2026.
Does Railtel Corporation of India Ltd pay dividends?
Railtel Corporation of India Ltd has a dividend yield of 0.44%.
What is the Return on Equity (ROE) of Railtel Corporation of India Ltd?
Railtel Corporation of India Ltd reported a return on equity of 17.10%. Its debt-to-equity ratio is 0.03.

Company Information

RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a "Navratna" PSU of the Government of India. At present, RailTel's network passes through around 6,000 stations across the country, covering all major commercial centers.

Website railtel.in
Listed 26 Feb 2021
Face Value ₹10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/RAILTEL.md for Railtel Corporation of India Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Telecom Services stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month