Value Pick: RVNL-Growth Projections, Capex Plans, and Investment Rationale for 2025

RVNL Value Pick Best stock to buy today

Rail Vikas Nigam Limited (RVNL)

RVNL Value Pick Best stock to buy today

Company Overview

Rail Vikas Nigam Limited (RVNL) is a public sector enterprise under the Ministry of Railways, specializing in project implementation, planning, development, and execution of railway infrastructure projects. With a strong presence in India’s infrastructure growth story, RVNL remains a key player in railway modernization and expansion.

Market Metrics

Market Cap: ₹90,094 Cr

Current Price: ₹432

52-Week Range: ₹647 – ₹181

Financial Ratios

P/E: 70.4

ROCE: 18.7%

ROE: 20.4%

Performance

Sales: ₹20,310 Cr

PAT: ₹1,280 Cr

OPM: 5.66%

Future Growth and Expansion Plans

Management highlighted strategic focus areas, including new rail infrastructure projects, signaling and electrification initiatives, and international collaborations. RVNL plans a capex of approximately ₹7,000 Cr for FY25, focusing on high-speed rail corridors, station modernization, and green initiatives.

SWOT Analysis

Strengths

  • Strong government backing (72.8% holding)
  • Established project execution expertise
  • Robust order book

Weaknesses

  • Recent decline in growth metrics
  • High P/E ratio (70.4)

Opportunities

  • Metro and international market expansion
  • Government focus on rail projects
  • PPP model potential

Threats

  • Rising private competition
  • Project execution delays
  • Government funding dependence

Valuation and Projections

Growth Projections

Revenue CAGR (FY24-27): 15%

PAT CAGR (FY24-27): 18%

Target Price: ₹520

Valuation Metrics

EV/EBITDA: 25.8x

P/B Ratio: 11.3x

PEG Ratio: 3.9

Disclaimer: This report is for informational purposes only and should not be considered as financial advice. Investors are advised to consult their financial advisors before making any investment decisions. The analysis is based on publicly available data and management commentary and may be subject to errors or omissions. Past performance is not indicative of future results.

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