RailTel Corporation of India Ltd is a Mini Ratna (Category-I) Central Public Sector Enterprise operating under the Ministry of Railways, Government of India. Incorporated on September 26, 2000, and headquartered in New Delhi, RailTel plays a critical role in the nation’s telecom infrastructure by leveraging its expansive optic fiber network, which spans over 59,000 route kilometers. This extensive network enables RailTel to be one of the largest neutral telecom infrastructure providers in India.
The company’s core business revolves around offering broadband and VPN services, as well as data center solutions, to a variety of clients, including the Indian Railways, government institutions, and private sector entities. RailTel’s services are integral to improving connectivity across the country, particularly in underserved regions. The company is also instrumental in driving digital transformation within the Indian Railways through projects that enhance railway operations, provide public Wi-Fi at stations, and support mission-critical systems. As a result, RailTel is well-positioned as a key player in India’s digital infrastructure growth.
Recent News on Railtel Corporation of India Ltd
On October 16, 2024, RailTel Corporation of India Ltd saw a significant surge in its stock price, jumping by 10% during intraday trading following the announcement of a major contract win from the Maharashtra Housing and Area Development Authority (MHADA). The contract, valued at ₹79.84 crore, involves setting up, migrating, and managing a cloud-based data center along with a disaster recovery site. This project further highlights RailTel’s expertise in providing advanced IT infrastructure solutions, strengthening its position in the cloud services and data management sectors.
The MHADA contract marks RailTel’s third major order in October 2024 alone, signaling Strong business growth and a strong project pipeline. These consistent wins reflect the company’s ability to secure high-value contracts and capitalize on opportunities across various sectors, contributing to its steady upward trajectory in India’s digital infrastructure landscape. With this momentum, RailTel continues to solidify its position as a key player in the country’s telecom and IT services industry.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 72.84% | 72.84% | 72.84% | 72.84% | 72.84% |
| FIIs + | 1.46% | 1.45% | 2.20% | 2.15% | 3.05% |
| DIIs + | 3.54% | 3.39% | 2.64% | 2.86% | 0.61% |
| Public + | 22.14% | 22.31% | 22.32% | 22.14% | 23.51% |
| No. of Shareholders | 2,97,202 | 3,07,246 | 3,76,802 | 4,37,008 | 5,15,406 |
The shareholding pattern of RailTel Corporation of India has remained consistent in terms of promoter ownership, while witnessing some shifts in the shareholding of FIIs, DIIs, and the public over recent quarters. As of September 2024, the promoters hold a steady 72.84% of the total shares, a figure that has remained unchanged from September 2023 through June 2024.
In contrast, there has been notable movement in the Foreign Institutional Investors (FIIs) stake, which increased from 1.46% in September 2023 to 3.05% by September 2024, indicating growing foreign investor interest in RailTel Corporation of India. On the other hand, Domestic Institutional Investors (DIIs) have seen their shareholding decrease over time, from 3.54% in September 2023 to a lower 0.61% by September 2024.
The public shareholding has experienced a slight rise, moving from 22.14% in September 2023 to 23.51% by September 2024, reflecting increased participation from retail investors. Additionally, the number of shareholders has grown significantly, rising from 2,97,202 in September 2023 to 5,15,406 by September 2024, indicating broader interest and participation from the investing public.
These changes in the shareholding pattern of RailTel Corporation of India suggest a healthy and diversified ownership structure, with increasing interest from both foreign investors and the general public.
Below are the trading platforms that you can use to purchase RailTel Corporation of India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| October 2024 | 450.05 | 391.35 |
| November 2024 | 468.06 | 407.01 |
| December 2024 | 472.74 | 411.08 |
In October 2024, the maximum price of RailTel Corporation of India shares is projected to reach ₹450.05, while the minimum price is expected to be ₹391.35. As we approach November 2024, the maximum price is forecasted to rise to ₹468.06, with a minimum price anticipated at ₹407.01. By December 2024, the shares of RailTel Corporation of India are expected to reach a maximum price of ₹472.74 and a minimum price of ₹411.08.
| When | Maximum Price | Minimum Price |
| January 2025 | 477.46 | 367.28 |
| February 2025 | 482.29 | 370.99 |
| March 2025 | 492.41 | 378.78 |
| April 2025 | 487.54 | 375.03 |
| May 2025 | 473.34 | 364.11 |
| June 2025 | 494.64 | 380.49 |
| July 2025 | 484.94 | 373.03 |
| August 2025 | 499.94 | 384.57 |
| September 2025 | 505.94 | 389.18 |
| October 2025 | 519.09 | 399.30 |
| November 2025 | 532.07 | 409.28 |
| December 2025 | 556.01 | 427.70 |
As we step into 2025, Railtel Corporation of India is projected to experience significant price movements throughout the year. January may see a maximum price of ₹477.46 and a minimum of ₹367.28. In February, these prices are expected to rise slightly to a maximum of ₹482.29 and a minimum of ₹370.99. By March, projections indicate a maximum of ₹492.41, while the minimum could be ₹378.78. The trend continues with April showing a maximum of ₹487.54 and a minimum of ₹375.03, followed by May’s figures at a maximum of ₹473.34 and a minimum of ₹364.11. June may bring a rise to a maximum of ₹494.64 and a minimum of ₹380.49. As we move into July, prices could reach a maximum of ₹484.94 and a minimum of ₹373.03. August is expected to see a maximum of ₹499.94 and a minimum of ₹384.57, while September may rise further to ₹505.94 and ₹389.18. October’s maximum is projected at ₹519.09, with a minimum of ₹399.30. November could see a maximum of ₹532.07 and a minimum of ₹409.28, culminating in December with prices expected to reach a maximum of ₹556.01 and a minimum of ₹427.70.
| When | Maximum Price | Minimum Price |
| January 2026 | 572.69 | 440.53 |
| February 2026 | 558.38 | 429.52 |
| March 2026 | 569.54 | 438.11 |
| April 2026 | 581.17 | 447.05 |
| May 2026 | 575.41 | 442.63 |
| June 2026 | 589.80 | 453.69 |
| July 2026 | 578.23 | 444.80 |
| August 2026 | 596.12 | 458.55 |
| September 2026 | 608.04 | 467.72 |
| October 2026 | 623.85 | 479.88 |
| November 2026 | 639.44 | 491.88 |
| December 2026 | 655.43 | 504.18 |
| When | Maximum Price | Minimum Price |
| January 2027 | 661.99 | 509.22 |
| February 2027 | 678.96 | 522.28 |
| March 2027 | 705.44 | 542.65 |
| April 2027 | 691.61 | 532.00 |
| May 2027 | 671.46 | 516.51 |
| June 2027 | 701.68 | 539.75 |
| July 2027 | 687.92 | 529.17 |
| August 2027 | 709.20 | 545.54 |
| September 2027 | 734.02 | 564.63 |
| October 2027 | 753.10 | 579.31 |
| November 2027 | 771.93 | 593.79 |
| December 2027 | 791.23 | 608.64 |
| When | Maximum Price | Minimum Price |
| January 2028 | 807.05 | 620.81 |
| February 2028 | 827.75 | 636.73 |
| March 2028 | 860.03 | 661.56 |
| April 2028 | 843.16 | 648.59 |
| May 2028 | 818.61 | 629.70 |
| June 2028 | 855.44 | 658.03 |
| July 2028 | 838.67 | 645.13 |
| August 2028 | 864.61 | 665.08 |
| September 2028 | 894.87 | 688.36 |
| October 2028 | 918.14 | 706.26 |
| November 2028 | 941.09 | 723.92 |
| December 2028 | 964.62 | 742.01 |
| When | Maximum Price | Minimum Price |
| January 2029 | 983.91 | 756.85 |
| February 2029 | 1,009.14 | 776.26 |
| March 2029 | 1,048.49 | 806.53 |
| April 2029 | 1,027.94 | 790.72 |
| May 2029 | 998.00 | 767.69 |
| June 2029 | 1,042.91 | 802.24 |
| July 2029 | 1,022.46 | 786.51 |
| August 2029 | 1,054.08 | 810.83 |
| September 2029 | 1,090.97 | 839.21 |
| October 2029 | 1,119.34 | 861.03 |
| November 2029 | 1,147.32 | 882.55 |
| December 2029 | 1,176.00 | 904.62 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,199.52 | 922.71 |
| February 2030 | 1,230.28 | 946.37 |
| March 2030 | 1,278.26 | 983.28 |
| April 2030 | 1,253.20 | 964.00 |
| May 2030 | 1,216.70 | 935.92 |
| June 2030 | 1,271.45 | 978.04 |
| July 2030 | 1,246.52 | 958.86 |
| August 2030 | 1,285.07 | 988.52 |
| September 2030 | 1,330.05 | 1,023.11 |
| October 2030 | 1,364.63 | 1,049.71 |
| November 2030 | 1,398.74 | 1,075.96 |
| December 2030 | 1,433.71 | 1,102.86 |
As we move through 2030, Railtel Corporation of India is projected to experience monthly price fluctuations. In January, the maximum is expected at ₹1,199.52 and the minimum at ₹922.71. February anticipates a maximum of ₹1,230.28 and a minimum of ₹946.37. March may see a maximum of ₹1,278.26 and a minimum of ₹983.28, while April is forecasted at ₹1,253.20 and ₹964.00. In May, prices are expected to reach ₹1,216.70 and ₹935.92. June anticipates ₹1,271.45 and ₹978.04, with July at ₹1,246.52 and ₹958.86. August is projected at ₹1,285.07 and ₹988.52, while September may see ₹1,330.05 and ₹1,023.11. October is expected at ₹1,364.63 and ₹1,049.71, with November at ₹1,398.74 and ₹1,075.96. December is anticipated to conclude the year with a maximum of ₹1,433.71 and a minimum of ₹1,102.86, indicating expected growth for Railtel Corporation of India.
Financial Condition of Railtel Corporation of India Ltd: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 1,081 | 1,337 | 1,522 | 1,957 | 2,568 | 2,658 |
| Expenses + | 747 | 1,010 | 1,154 | 1,578 | 2,103 | 2,193 |
| Operating Profit | 333 | 328 | 368 | 379 | 464 | 465 |
| OPM % | 31% | 24% | 24% | 19% | 18% | 17% |
| Other Income + | -18 | 28 | 76 | 35 | 28 | 43 |
| Interest | 4 | 2 | 4 | 6 | 6 | 6 |
| Depreciation | 131 | 159 | 160 | 154 | 158 | 159 |
| Profit before tax | 181 | 195 | 280 | 254 | 328 | 343 |
| Tax % | 24% | 28% | 25% | 26% | 25% | |
| Net Profit + | 138 | 140 | 208 | 188 | 246 | 256 |
| EPS in Rs | 4.31 | 4.37 | 6.49 | 5.87 | 7.67 | 8 |
| Dividend Payout % | 49% | 50% | 37% | 43% | 37% |
The financial performance of RailTel Corporation of India Ltd over the past five years highlights a trend of steady growth in revenue, though with some fluctuations in profitability metrics. From March 2020 to March 2024, RailTel‘s sales have grown significantly, rising from ₹1,081 crore in March 2020 to ₹2,568 crore in March 2024. For the trailing twelve months (TTM), the sales figure stands at ₹2,658 crore, reflecting the company’s expanding business operations.
Expenses have also increased over the years, climbing from ₹747 crore in March 2020 to ₹2,103 crore in March 2024, which shows the growing scale of operations but also an upward pressure on costs. As a result, operating profit has experienced moderate growth, rising from ₹333 crore in 2020 to ₹464 crore in 2024, with an operating profit margin (OPM) showing a gradual decline from 31% in 2020 to 18% in 2024, indicating increasing operational challenges.
Other income has fluctuated, peaking at ₹76 crore in March 2022 but standing at ₹28 crore for the financial year ending March 2024. Despite these changes, interest costs have remained relatively stable, hovering around ₹4-6 crore per year, while depreciation expenses have also stayed in the ₹150-160 crore range.
The company’s profit before tax (PBT) has steadily improved from ₹181 crore in 2020 to ₹328 crore in 2024, with a corresponding rise in net profit, which grew from ₹138 crore in 2020 to ₹246 crore in 2024. For the TTM, net profit reached ₹256 crore, showing ongoing profitability. The earnings per share (EPS) increased from ₹4.31 in March 2020 to ₹7.67 in March 2024, reflecting the positive earnings growth.
RailTel Corporation of India Ltd has maintained a relatively stable dividend payout, ranging from 37% to 50%, rewarding shareholders consistently over the period. Overall, the company’s financials show a robust growth trajectory in revenue, balanced by operational challenges and steady profitability.
FAQs
What is RailTel Corporation of India’s current market capitalization?
RailTel Corporation of India currently boasts a market capitalization of ₹13,600 crore
RailTel Corporation of India’s share price soared to an impressive peak of ₹791.23 in December 2027, signaling strong investor confidence and market optimism.
Looking ahead, RailTel Corporation of India’s share price is anticipated to reach impressive heights, ranging from ₹1,102.86 to ₹1,433.71 by December 2030, highlighting the company’s promising long-term growth prospects.
What is RailTel Corporation of India’s current Price/Earnings (P/E) ratio?
RailTel Corporation of India maintains a healthy Price/Earnings (P/E) ratio of 50.9, reflecting the market’s confidence in the company’s earnings potential.
Also Read
- Embassy Office Parks REIT Share Price Target 2024, 2025 to 2030
- ASM TECHNOLOGIES LTD SHARE PRICE TARGET 2024, 2025, 2026 to 2030
- Electrosteel Castings Ltd Share Price Target 2024, 2025 to 2030
Conclusion
In conclusion, RailTel Corporation of India Ltd stands as a key player in India’s telecommunications landscape, bolstered by its extensive optical fiber network and a diverse array of services. The recent contract with MHADA highlights its capability to secure significant projects in cloud services and IT solutions. With a solid shareholding structure reflecting robust promoter support and growing foreign investor interest, the company shows strong market appeal. Projected share price targets from 2024 to 2030 suggest a promising growth trajectory. Overall, RailTel’s strengths in connectivity and digital solutions position it as an attractive investment opportunity within India’s expanding digital infrastructure market.
What did we learn?
- 1 Recent News on Railtel Corporation of India Ltd
- 2 Shareholdings Patterns of Railtel Corporation of India Ltd
- 3 How to Purchase RailTel Corporation of India Shares in India?
- 4 RailTel Corporation of India Share Price Prediction: 2024 – 2030
- 4.1 RailTel Corporation of India Share Price Target 2024
- 4.2 RailTel Corporation of India Share Price Target 2025
- 4.3 RailTel Corporation of India Share Price Target 2026
- 4.4 RailTel Corporation of India Share Price Prediction 2027
- 4.5 RailTel Corporation of India Share Price Target 2028
- 4.6 RailTel Corporation of India Share Price Prediction 2029
- 4.7 RailTel Corporation of India Share Price Target 2030
- 5 Financial Condition of Railtel Corporation of India Ltd: Last 5 Years
- 6 FAQs
- 6.1 What is RailTel Corporation of India’s current market capitalization?
- 6.2 What was RailTel Corporation of India’s highest share price target in 2027?
- 6.3 What is the projected share price target for RailTel Corporation of India in 2030?
- 6.4 What is RailTel Corporation of India’s current Price/Earnings (P/E) ratio?
- 7 Conclusion
