Avsar.

Industrials · Civil Construction

Rail Vikas Nigam Ltd (RVNL)

₹179.67

Mkt cap
₹37,462 Cr
P/E ratio
41.60
P/B
3.81
Div yield
0.95%
ROE
9.02%
ROCE
10.80%
EPS (TTM)
₹4.32
Book value
₹47
52W range
178–401
Sector
Industrials

Price history

Previous close

Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway. [1] [2]

NSE RVNLBSE 542649
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthHigh
TechnicalsBearish
52-week range
−55.16% from high
₹180
₹178+1.02% from low₹401
Current
₹179.67
Prev close
₹186.00
Day
−3.40%
Price performance
1D
−3.40%
1W
−0.90%
1M
−9.21%
3M
−19.39%
6M
−40.57%
1Y
−45.55%
YTD
−50.89%

Financials

Revenue, profit & margin
P/E ratio
41.6×
RVNL is 193% above the sector median of 14.2×
RVNL41.6×
Sector median14.2×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales5,5724,9144,6896,7144,0744,8554,5676,4273,9095,1234,6846,6964,321
Expenses5,2224,6164,4406,2583,8924,5994,3285,9943,8564,9064,4646,4274,137
Operating Profit34929824945618225623943353217221269185
OPM %6%6%5%7%4.5%5%5%7%1.4%4.2%4.7%4.0%4.3%
Other Income28932035832326428132623623823430889147
Interest1461331391501371411451171081001059898
Depreciation665477799991010
Profit before tax487480463625302389413543173342415250224
Tax %30%18%22%23%26%26%25%16%23%33%22%27%29%
Net Profit343394359478224287312455134231324182160
EPS in Rs1.641.891.722.301.071.381.492.180.651.101.550.900.76
Raw PDF

Earnings

Results dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.64% · closed higher next day 8 of last 29
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27
Broadcast10 Nov '238 Feb '24◦17 May '24◦8 Aug '24◦7 Nov '24◦14 Feb '25◦21 May '25◦12 Aug '2511 Nov '25◦5 Feb '2625 May '26◦11 Aug '26
Earnings day−2.80%−7.97%+3.06%−3.77%−6.26%−4.85%−1.74%−3.81%−0.44%−1.37%−4.66%0.00%
+1 day−2.36%−18.49%+17.52%+6.95%−8.64%−7.38%−3.25%−4.73%−1.09%−2.15%−7.40%−0.80%
+5 days+2.49%−10.65%+29.64%+6.51%−12.90%+1.18%+1.47%−3.42%+0.76%−2.27%−12.27%−2.83%
+15 days+5.79%−12.60%+28.59%+11.65%−8.39%−8.13%+0.22%−4.54%−1.92%−0.84%−10.02%−10.43%
+30 days+10.64%−7.54%+41.33%−0.82%−10.32%−0.04%−5.19%+1.18%+8.80%−17.59%−16.96%−10.43%
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLPDFXBRLXBRLXBRL

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

Shareholding

as of Sep 2026
72.84%Promoter
Promoters72.84%
FIIs2.38%0.03
DIIs6.21%0.39
Public18.58%0.43
Government0.01%
Ownership trend

Peers

7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Larsen & Toubro₹3,871.7028.195,32,7130.98%5,949+32.50%78,750+15.84%14.57%
Rail Vikas₹179.6741.6437,4620.95%160+18.46%4,321+10.55%10.80%
Cemindia Project₹1,265.0038.7823,3300.24%141+2.62%2,721+5.61%32.76%
Kalpataru Proj.₹1,337.7020.5622,8440.82%312+45.15%6,408+3.84%18.28%
IRB Infra.Devl.₹15.7319.3118,9990.99%306+51.26%2,137+1.82%7.47%
NBCC₹69.6627.4818,8081.44%158+17.18%2,260−5.51%29.32%
Engineers India₹251.8515.7714,1551.99%197+135.57%824−10.54%30.40%
Median: 119 Co.₹115.0014.206150.00%11+18.23%172+12.32%15.99%

Filings

Annual reports15
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021Annual Report 2020Annual Report 2019Annual Report 2018Annual Report 2017Annual Report 2016Annual Report 2015Annual Report 2014Annual Report 2013Annual Report 2012
Concall transcripts24
TranscriptAug 2026RECAug 2026TranscriptJun 2026RECJun 2026TranscriptFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025RECAug 2025TranscriptMay 2025TranscriptFeb 2025TranscriptAug 2024RECAug 2024TranscriptMay 2024RECMay 2024TranscriptFeb 2024TranscriptJan 2024TranscriptNov 2023TranscriptAug 2023TranscriptJun 2023RECJun 2023TranscriptFeb 2023TranscriptNov 2022PPTNov 2022
Credit ratings6
Rating update 9 MarcareRating update 28 Mar 2025careRating update 5 Apr 2024careRating update 1 Nov 2023careRating update 26 Dec 2022careRating update 3 Oct 2022care
Announcements5
Announcement under Regulation 30 (LODR) - Bagging/receiving of order(s) or contract(s) 29 Oct - RVNL received ₹55 lakh DPR order from MEA for Seychelles PTEC, to be executed in 6 months.Announcement under Regulation 30 (LODR)-Change in Management 19 Oct - Ashutosh Gautam ceases as RVNL Executive Director (Highway) on 19 October 2026 to join NBCC.Rail Vikas Nigam Limited (RVNL) Has Signed Mou With The Damodar Valley Corporation (DVC) 15 Oct - RVNL signed an MoU with DVC for rail infrastructure and connectivity development.Announcement under Regulation 30 (LODR)-Change in Directorate 12 Oct - Shri Deepak Mohanty appointed Independent Director on RVNL board effective 06.10.2026.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Oct - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026