In the field of infrastructure, Rail Vikas Nigam Limited (RVNL) has made a significant impact, especially in the planning and execution of railway projects in India. One common question that comes up as investors and market enthusiasts follow the company’s performance is, “What is the RVNL Share Price Target?”
RVNL Ltd., formerly known as Rail Vikas Nigam Ltd., is a young business in India’s rail infrastructure market. RVNL was established in 2003 under the Ministry of Railways to expedite the execution of rail infrastructure projects.
RVNL develops and implements projects to build and enhance rail infrastructure, as well as mobilizes financial resources for said projects. The company manages rail projects that include building workshops, bridges, gauge conversion, doubling tracks, new railway tracks, and electrification.
What does RVNL Do?
Railway projects are carried out by RVNL on behalf of several federal and state government agencies. This covers metro projects, port connectivity projects, etc. Rail electrification projects, gauge conversion of railway lines, the Western Dedicated Freight Corridor, and the Eastern Dedicated Freight Corridor are a few of the significant projects that RVNL has completed. RVNL uses an asset-light business model. It carries out project execution while the relevant entity that assigned the project maintains ownership of the assets.
The primary source of income is from fees and commissions received during a project. A set percentage fee based on project costs is paid to the company. Over the next eight to ten years, RVNL has the potential to be a multi-bagger stock due to its strong financial performance and positive industry trends.
RVNL Share Price Target 2024
The first target for RVNL’s share price in 2024 is ₹ 199.20, and the second target is ₹ 223.20. For the next two to three years, revenue visibility is also provided by RVNL’s order book. The company’s performance in completing previous projects will help it secure new orders as it completes them. RVNL has consistently improved its profits in addition to seeing strong revenue growth.
From Rs 470 crore in 2018 to Rs 1,087 crore in 2022, net profit grew. Over this time, profit margins have increased from 6% to 5.6%. Also beginning to work is the operating leverage. Growing volumes result in fixed costs being absorbed before increased revenue. When compared to revenue growth, this results in higher profit growth.
| 2024 | Lower Targets | Higher Targets |
|---|---|---|
| February | ₹321.97 | ₹349.53 |
| March | ₹326.04 | ₹360.00 |
| April | ₹352.41 | ₹373.28 |
| May | ₹359.82 | ₹383.37 |
| June | ₹356.72 | ₹403.68 |
| July | ₹373.92 | ₹406.89 |
| August | ₹384.51 | ₹421.07 |
| September | ₹396.42 | ₹437.32 |
| October | ₹398.18 | ₹440.93 |
| November | ₹426.14 | ₹470.34 |
| December | ₹428.43 | ₹463.67 |
RVNL Share Price Target 2025
Additionally, RVNL has kept up a sound balance sheet. The borrowed funds have been effectively utilized to expand the business. In 2022, the debt-to-equity ratio was a reasonable 0.86. The business has demonstrated caution by not taking on too much debt. Our analysis indicates that the minimum and maximum share price targets for RVNL in 2025 will be ₹ ₹438.88 and ₹602.75, respectively.
The business is seeing overall growth in both its revenue and operational efficiency. Because of this, the future looks very bright. With today’s market price of ₹136.65, RVNL has a P/E ratio of approximately 22.47. When compared to peers in the engineering and construction sector (Sector PE: 30.02) and other infrastructure companies, RVNL is offered at a substantial discount.
| 2025 | Lower Targets | Higher Targets |
| January | ₹438.88 | ₹479.66 |
| February | ₹443.74 | ₹487.98 |
| March | ₹445.95 | ₹487.92 |
| April | ₹466.65 | ₹513.59 |
| May | ₹476.89 | ₹521.83 |
| June | ₹478.34 | ₹531.20 |
| July | ₹495.28 | ₹550.84 |
| August | ₹498.14 | ₹554.41 |
| September | ₹520.91 | ₹569.87 |
| October | ₹516.89 | ₹582.41 |
| November | ₹530.03 | ₹594.45 |
| December | ₹539.69 | ₹602.75 |
RVNL Share Price Target 2026
| 2026 | Lower Targets | Higher Targets |
| January | ₹560.26 | ₹625.76 |
| February | ₹559.15 | ₹628.15 |
| March | ₹570.41 | ₹635.94 |
| April | ₹584.87 | ₹651.37 |
| May | ₹581.00 | ₹669.66 |
| June | ₹609.85 | ₹680.71 |
| July | ₹619.02 | ₹685.25 |
| August | ₹622.73 | ₹703.60 |
| September | ₹633.27 | ₹717.94 |
| October | ₹647.06 | ₹725.48 |
| November | ₹650.23 | ₹748.06 |
| December | ₹665.96 | ₹756.29 |
RVNL Share Price Target 2027
| 2027 | Lower Targets | Higher Targets |
| January | ₹675.63 | ₹769.80 |
| February | ₹680.57 | ₹774.00 |
| March | ₹694.74 | ₹784.44 |
| April | ₹707.49 | ₹800.13 |
| May | ₹721.92 | ₹821.00 |
| June | ₹722.21 | ₹822.22 |
| July | ₹724.32 | ₹838.81 |
| August | ₹741.09 | ₹856.29 |
| September | ₹755.62 | ₹863.33 |
| October | ₹760.25 | ₹869.06 |
| November | ₹784.66 | ₹900.71 |
| December | ₹770.62 | ₹909.25 |
RVNL Share Price Target 2028
| 2028 | Lower Targets | Higher Targets |
| January | ₹802.17 | ₹916.96 |
| February | ₹808.16 | ₹934.02 |
| March | ₹797.66 | ₹938.19 |
| April | ₹826.10 | ₹964.44 |
| May | ₹840.63 | ₹968.63 |
| June | ₹842.01 | ₹983.44 |
| July | ₹854.97 | ₹1,002.36 |
| August | ₹860.92 | ₹1,001.30 |
| September | ₹869.36 | ₹1,024.75 |
| October | ₹887.37 | ₹1,044.77 |
| November | ₹899.29 | ₹1,052.85 |
| December | ₹906.48 | ₹1,066.03 |
RVNL Share Price Target 2031
| 2031 | Lower Targets | Higher Targets |
| March | ₹1,173.49 | ₹1,405.69 |
| June | ₹1,199.30 | ₹1,433.20 |
| September | ₹1,223.44 | ₹1,465.12 |
| December | ₹1,250.58 | ₹1,512.05 |
Challenges Faced by RVNL
RVNL has experienced significant growth, but it has previously struggled with cash flow. Between 2018 and 2021, the company’s operating cash flow was negative, which was caused by adjustments and changes in its assets and liabilities. Nonetheless, in 2022, it recorded a remarkable operating cash flow of 4,812.85 Cr., suggesting that its core operations are now producing positive cash flow.
Future of RVNL
Future growth prospects for RVNL appear bright. The railway industry is predicted to grow significantly as long as the government keeps funding infrastructure improvements, giving RVNL plenty of chances to land new projects. The business’s efforts to diversify its sources of income and keep a solid balance sheet also support its growth potential.
FAQ’s of RVNL Share Price Target
Q1. After five years, what is the RVNL share price target?
In the next five years, the price of RVNL’s stock could increase to ₹1,066.03.
Q2. After ten years, what is the RVNL share price target?
In the next ten years, the price of RVNL’s stock could increase to ₹1,812.39.
Q3. What is the 2027 RVNL share price target?
By late 2027, it is anticipated that the share price of RVNL will reach ₹909.25.
Q4. What is the 2028 RVNL share price target?
The anticipated price of RVNL shares by the end of 2028 is ₹1,066.03.
Q5. What is the 2029 RVNL share price target?
By late 2029, it is anticipated that the share price of RVNL will reach ₹1,204.12.
Q6. For long-term investing, how does RVNL compare?
With a respectable revenue growth of 24.43%, RVNL is an excellent long-term investment.
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