Share price
₹248.76 latest close · −20.9% over the last 90 sessions
₹248.76 month-end · −26.6% over 12 months
₹248.76 month-end · −14.4% over 3 years
₹248.76 month-end · +105.0% since Feb '21
52-week range ₹220.06 to ₹391.00 · 1-year volatility 39.0%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 0 points, but investors now pay less per rupee of profit (P/E 50.7x to 37.2x), which took 27 points back.
- The share count barely moved.
Earnings helped, the multiple did not.
- Per-share earnings added 6 points, but investors now pay less per rupee of profit (P/E 46.2x to 37.2x), which took 20 points back.
- The share count barely moved.
Both mattered.
- Per-share earnings added 56 points and the multiple added 56 points (P/E 25.5x to 37.2x).
- The share count barely moved.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-62.7% (2024-07 peak to 2026-10 low, not yet recovered)
-51.9% (2021-03 peak to 2022-03 low, recovered 2023-08)
-34.4% (2024-02 peak to 2024-03 low, recovered 2024-06)
Most recent volume spikes
2026-09-30: 15.5x the 50-day median, price +2.5% that day
2026-08-19: 24.3x the 50-day median, price +3.6% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 17.4x to 63.0x since 2021-02.
11% below the Communications median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Communications peers?
Each cell is the company's percentile rank among its Communications peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE75th▲ 17 pts vs a year ago
- Op. margin58th▲ 8 pts vs a year ago
- Revenue growth32nd▲ 7 pts vs a year ago
- EPS growth86th▲ 48 pts vs a year ago
- Debt/equity ↓91st▼ 9 pts vs a year ago
- Cash cycle ↓17th▼ 8 pts vs a year ago
- P/E ↓67th▲ 42 pts vs a year ago
- 12M momentum50th▼ 14 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Communications sector page Watch it move against Communications in the Observatory
What is the price implying?
At a P/E of 46.7x, the price would imply about 23.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Earnings figures have not updated recently, so the company is left out of the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
Key figures
- Share Priceclose 9 Nov
- ₹248.76
- P/E
- 37.2x
- Market Cap
- ₹7998 cr
- Revenue (TTM)
- ₹2225 cr
- P/S
- 3.6x
- P/B
- 4.6x
- ROE
- 12.5%
- Operating Margin
- 19.0%
- Debt / Equity
- 0.0x
- Promoter Holding
- 72.8%
- 12M Momentum
- -26.6%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance30%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 29.6%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate25%Within range
Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.53xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.53x (cash from operations ₹828 cr, net profit ₹540 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow4 of 4 yrsWithin range
Fiscal years with positive free cash flow in the last 4: 4. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history—Not enough data
Not enough reported data to compute this.
Capital work in progress26% of fixed assetsWithin range
Capital work-in-progress is 26% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, DIIs trimmed 2.5 pts; FIIs added 2.5 pts.
- The number of shareholders rose from 3.0 lakh to 4.9 lakh (+64%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like RAILTEL CORPORATION OF IND LTD today on valuation, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −16% to +32% vs the market, against −4% for all non-financial companies in the same months.
- The gap against the base rate (+2.5%, 80% range −3.8% to +9.7%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 36 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TCIEXP Transportation |
Jun 2023 | 43x | — | −1% | −20% | −47% |
| LMW Producer Manufacturing |
Mar 2020 | 13x | 18% | −62% | −63% | +64% |
| GRINDWELL Process Industries |
Sep 2025 | 48x | 21% | −34% | −37% | +25% |
| CERA Consumer Durables |
Jan 2025 | 36x | 25% | −19% | −36% | −30% |
| KENNAMET Producer Manufacturing |
Aug 2020 | 19x | — | −20% | −35% | +17% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TRITURBINE Producer Manufacturing |
Jul 2021 | 39x | 25% | +96% | −10% | +30% |
| ESCORTS Producer Manufacturing |
Apr 2021 | 29x | 21% | +57% | −22% | +18% |
| SUMICHEM Process Industries |
May 2023 | 47x | 33% | −14% | −25% | −19% |
How reliable is this?
Matched on P/E, P/S, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, P/S and drawdown from 12-month high. Not used (unavailable for this company): ROCE. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Sep '22
- OctPriceFell 63% from the Jul 2024 peak to the Oct 2026 low.
- AugPriceVolume reached 24.3x its 50-day median on 2026-08-19; price +3.6% that day.
- JunPeer rankMoved into the top quartile of Communications on EPS growth (from the 2nd quartile).
- AprPriceVolume reached 59.7x its 50-day median on 2026-04-15; price +18.4% that day.
- MarPeer rankMoved into the 2nd quartile of Communications on EPS growth (from the 3rd quartile).
- FebPriceVolume reached 10.1x its 50-day median on 2026-02-10; price +4.4% that day.
- DecPriceVolume reached 31.6x its 50-day median on 2025-12-26; price +6.0% that day.
- SepPeer rankSlipped to the 3rd quartile of Communications on EPS growth (from the 2nd quartile).
Show 22 earlier events
- SepPriceVolume reached 17.6x its 50-day median on 2025-09-15; price +6.7% that day.
- JunPeer rankMoved into the 2nd quartile of Communications on operating margin (from the 3rd quartile).
- MayPriceVolume reached 21.7x its 50-day median on 2025-05-02; price +6.7% that day.
- JanPriceVolume reached 12.4x its 50-day median on 2025-01-02; price +4.2% that day.
- OctPriceVolume reached 16.8x its 50-day median on 2024-10-16; price +7.5% that day.
- JulPriceVolume reached 14.3x its 50-day median on 2024-07-12; price +14.8% that day.
- JunPriceRegained the 2024-02 peak, 3 months after the low.
- JunPriceVolume reached 16.9x its 50-day median on 2024-06-21; price +9.6% that day.
- MarPriceFell 34% from the Feb 2024 peak to the Mar 2024 low.
- JanPriceVolume reached 9.1x its 50-day median on 2024-01-25; price +10.2% that day.
- DecResultsYear-on-year EPS growth turned positive.
- DecPriceVolume reached 8.4x its 50-day median on 2023-12-29; price +15.2% that day.
- AugPriceRegained the 2021-03 peak, 17 months after the low.
- AugValuationP/E crossed above the 90th percentile of its own history to date (35.5x).
- AugPriceVolume reached 12.8x its 50-day median on 2023-08-28; price +14.7% that day.
- JunPeer rankMoved into the top quartile of Communications on ROCE (from the 2nd quartile).
- MayPriceVolume reached 14.0x its 50-day median on 2023-05-03; price +3.5% that day.
- MarResultsYear-on-year EPS growth turned negative.
- MarPeer rankSlipped to the 3rd quartile of Communications on EPS growth (from the 2nd quartile).
- DecPeer rankSlipped to the 2nd quartile of Communications on EPS growth (from the top quartile).
- NovPriceVolume reached 14.9x its 50-day median on 2022-11-16; price +2.7% that day.
- SepPriceVolume reached 16.7x its 50-day median on 2022-09-08; price +4.1% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history70 months · 2021-02 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 37.2x | ₹2225 cr | 12.5% | — | 0.0x |
| 2026-10 | 33.2x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-09 | 39.7x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-08 | 41.2x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-07 | 42.5x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-06 | 46.0x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-05 | 47.1x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-04 | 48.4x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-03 | 36.8x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-02 | 46.9x | ₹2225 cr | 12.4% | — | 0.0x |
| 2026-01 | 52.8x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-12 | 55.5x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-11 | 50.7x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-10 | 55.0x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-09 | 55.6x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-08 | 49.1x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-07 | 54.9x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-06 | 64.0x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-05 | 59.6x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-04 | 44.3x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-03 | 45.2x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-02 | 42.0x | ₹2225 cr | 12.4% | — | 0.0x |
| 2025-01 | 60.8x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-12 | 60.4x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-11 | 61.3x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-10 | 62.9x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-09 | 69.0x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-08 | 73.4x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-07 | 74.8x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-06 | 69.6x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-05 | 61.9x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-04 | 59.7x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-03 | 54.4x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-02 | 67.1x | ₹2225 cr | 12.4% | — | 0.0x |
| 2024-01 | 65.4x | ₹2225 cr | 12.4% | — | 0.0x |
| 2023-12 | 50.5x | ₹2225 cr | 12.4% | — | 0.0x |
| 2023-11 | 46.2x | ₹2055 cr | 12.2% | 16.0% | 0.0x |
| 2023-10 | 35.4x | ₹2055 cr | 12.2% | 16.0% | 0.0x |
| 2023-09 | 35.6x | ₹2055 cr | 12.2% | 16.0% | 0.0x |
| 2023-08 | 35.5x | ₹1964 cr | 11.5% | 16.0% | 0.0x |
| 2023-07 | 27.9x | ₹1964 cr | 11.5% | 16.0% | 0.0x |
| 2023-06 | 22.2x | ₹1964 cr | 11.5% | 16.0% | 0.0x |
| 2023-05 | 22.7x | ₹1726 cr | 10.9% | 16.0% | 0.0x |
| 2023-04 | 22.0x | ₹1726 cr | 10.9% | 16.0% | 0.0x |
| 2023-03 | 19.4x | ₹1726 cr | 10.9% | 16.0% | 0.0x |
| 2023-02 | 17.4x | ₹1690 cr | 13.2% | 16.0% | 0.0x |
| 2023-01 | 19.8x | ₹1690 cr | 13.2% | 16.0% | 0.0x |
| 2022-12 | 20.2x | ₹1690 cr | 13.2% | 16.0% | 0.0x |
| 2022-11 | 20.5x | ₹1619 cr | 14.0% | 16.0% | 0.0x |
| 2022-10 | 17.5x | ₹1619 cr | 14.0% | 16.0% | 0.0x |
| 2022-09 | 15.5x | ₹1619 cr | 14.0% | 16.0% | 0.0x |
| 2022-08 | 15.5x | ₹1549 cr | 13.7% | 16.0% | 0.0x |
| 2022-07 | 15.0x | ₹1549 cr | 13.7% | 16.0% | 0.0x |
| 2022-06 | 14.0x | ₹1549 cr | 13.7% | 16.0% | 0.0x |
| 2022-05 | 17.1x | ₹1513 cr | 12.9% | 14.0% | 0.0x |
| 2022-04 | 19.1x | ₹1513 cr | 12.9% | 14.0% | 0.0x |
| 2022-03 | 14.8x | ₹1513 cr | 12.9% | 14.0% | 0.0x |
| 2022-02 | 16.0x | ₹1506 cr | 13.2% | 14.0% | 0.0x |
| 2022-01 | 20.0x | ₹1506 cr | 13.2% | 14.0% | 0.0x |
| 2021-12 | 20.2x | ₹1506 cr | 13.2% | 14.0% | 0.0x |
| 2021-11 | 25.5x | ₹1431 cr | 10.4% | 14.0% | 0.0x |
| 2021-10 | 27.3x | ₹1431 cr | 10.4% | 14.0% | 0.0x |
| 2021-09 | 28.0x | ₹1431 cr | 10.4% | 14.0% | 0.0x |
| 2021-08 | 28.1x | ₹1378 cr | 10.0% | 14.0% | 0.0x |
| 2021-07 | 31.3x | ₹1378 cr | 10.0% | 14.0% | 0.0x |
| 2021-06 | 31.8x | ₹1378 cr | 10.0% | 14.0% | 0.0x |
| 2021-05 | 29.3x | ₹1128 cr | 10.3% | 18.0% | 0.0x |
| 2021-04 | 27.7x | ₹1128 cr | 10.3% | 18.0% | 0.0x |
| 2021-03 | 28.8x | ₹1128 cr | 10.3% | 18.0% | 0.0x |
| 2021-02 | 27.6x | ₹1128 cr | 10.3% | 18.0% | 0.0x |