Rail Vikas Nigam Ltd (RVNL)
₹224.53
Mkt cap
₹46,815 Cr
P/E ratio
53.50
P/B
4.77
Div yield
0.77%
ROE
9.02%
ROCE
10.80%
EPS (TTM)
₹4.20
Book value
₹47
52W range
222–388
Sector
Industrials
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]
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthHigh
TechnicalsBearish
52-week range
−42.12% from high₹225
₹222+1.05% from low₹388
Current
₹224.53
Prev close
₹224.48
Day
+0.02%
Price performance
1D
+0.02%
1W
−1.03%
1M
−6.78%
3M
−26.01%
6M
−29.90%
1Y
−41.14%
YTD
−38.63%
Financials
FRevenue, profit & margin
P/E ratio
53.5×
RVNL is 196% above the sector median of 18.1×
RVNL53.5×
Sector median18.1×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,720 | 5,572 | 4,914 | 4,689 | 6,714 | 4,074 | 4,855 | 4,567 | 6,427 | 3,909 | 5,123 | 4,684 | 6,696 | |
| Expenses | 5,345 | 5,222 | 4,616 | 4,440 | 6,258 | 3,892 | 4,599 | 4,328 | 5,994 | 3,856 | 4,906 | 4,464 | 6,427 | |
| Operating Profit | 374 | 349 | 298 | 249 | 456 | 182 | 256 | 239 | 433 | 53 | 217 | 221 | 269 | |
| OPM % | 7% | 6% | 6% | 5% | 7% | 4% | 5% | 5% | 7% | 1% | 4% | 5% | 4% | |
| Other Income | 274 | 289 | 320 | 358 | 323 | 264 | 281 | 326 | 236 | 238 | 234 | 308 | 89 | |
| Interest | 146 | 146 | 133 | 139 | 150 | 137 | 141 | 145 | 117 | 108 | 100 | 105 | 98 | |
| Depreciation | 6 | 6 | 6 | 5 | 4 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 10 | |
| Profit before tax | 496 | 487 | 480 | 463 | 625 | 302 | 389 | 413 | 543 | 173 | 342 | 415 | 250 | |
| Tax % | 28% | 30% | 18% | 22% | 23% | 26% | 26% | 25% | 16% | 23% | 33% | 22% | 27% | |
| Net Profit | 359 | 343 | 394 | 359 | 478 | 224 | 287 | 312 | 455 | 134 | 231 | 324 | 182 | |
| EPS in Rs | 1.72 | 1.64 | 1.89 | 1.72 | 2.30 | 1.07 | 1.38 | 1.49 | 2.18 | 0.65 | 1.10 | 1.55 | 0.90 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.66% · closed higher next day 8 of last 28
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 12 Aug '23◦ | 10 Nov '23 | 8 Feb '24◦ | 17 May '24◦ | 8 Aug '24◦ | 7 Nov '24◦ | 14 Feb '25◦ | 21 May '25◦ | 12 Aug '25 | 11 Nov '25◦ | 5 Feb '26 | 25 May '26◦ |
| Earnings day | −0.67% | −2.80% | −7.97% | +3.06% | −3.77% | −6.26% | −4.85% | −1.74% | −3.81% | −0.44% | −1.37% | −4.66% |
| +1 day | −1.15% | −2.36% | −18.49% | +17.52% | +6.95% | −8.64% | −7.38% | −3.25% | −4.73% | −1.09% | −2.15% | −7.40% |
| +5 days | −1.23% | +2.49% | −10.65% | +29.64% | +6.51% | −12.90% | +1.18% | +1.47% | −3.42% | +0.76% | −2.27% | −12.27% |
| +15 days | +24.31% | +5.79% | −12.60% | +28.59% | +11.65% | −8.39% | −8.13% | +0.22% | −4.54% | −1.92% | −0.84% | −10.02% |
| +30 days | +33.62% | +10.64% | −7.54% | +41.33% | −0.82% | −10.32% | −0.04% | −5.19% | +1.18% | +8.80% | −17.59% | −16.96% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Re 1 Per Share | — | 11 Feb '26 | 11 Feb '26 |
Shareholding
Sas of Jun 202672.84%Promoter
Promoters72.84%
FIIs2.41%2.45
DIIs6.60%0.18
Public18.15%2.28
Government0.01%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | ₹3,785.60 | 31.74 | 5,20,796 | 1.00% | 6,133 | +2.11% | 82,762 | +11.25% | 14.57% |
| Rail Vikas | ₹224.53 | 53.52 | 46,815 | 0.77% | 182 | −58.92% | 6,696 | +4.18% | 10.80% |
| NBCC | ₹93.84 | 38.28 | 25,337 | 0.71% | 254 | −0.95% | 4,560 | −1.81% | 30.95% |
| Cemindia Project | ₹1,441.00 | 42.07 | 24,755 | 0.21% | 242 | +113.63% | 2,973 | +17.42% | 32.76% |
| IRB Infra.Devl. | ₹19.61 | 26.93 | 23,685 | 0.79% | 296 | +37.98% | 1,927 | −10.34% | 7.48% |
| Kalpataru Proj. | ₹1,299.90 | 22.69 | 22,199 | 0.85% | 431 | +73.61% | 7,778 | +10.06% | 18.28% |
| Central Mine Pla | ₹248.43 | 27.13 | 17,738 | 0.43% | 116 | +53.88% | 481 | +17.62% | 38.07% |
| Median: 115 Co. | ₹130.45 | 18.07 | 659 | 0.00% | 17 | +1.88% | 236 | +9.49% | 15.48% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011bse
Concall transcripts22
TranscriptJun 2026RECJun 2026TranscriptFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025RECAug 2025TranscriptMay 2025TranscriptFeb 2025TranscriptAug 2024RECAug 2024TranscriptMay 2024RECMay 2024TranscriptFeb 2024TranscriptJan 2024TranscriptNov 2023TranscriptAug 2023TranscriptJun 2023RECJun 2023TranscriptFeb 2023TranscriptNov 2022PPTNov 2022
Credit ratings6
Announcements5
Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From East Central Railway - Normal Course Of Business Of The Company. 20 Jul - RVNL is lowest bidder for East Central Railway EPC work worth Rs 358.97 crore over 1,095 days.Rail Vikas Nigam Limited (RVNL) Has Signed Mou With The Government Of Goa (Gog) 17 Jul - RVNL signed an MoU with Goa government for infrastructure project development and implementation.Announcement under Regulation 30 (LODR)-Change in Management 15 Jul - RVNL appoints Shri Jay Singh as Executive Director (S&T)15 July 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jul - Newspaper Publication for Transfer of Unpaid Dividend/ Equity Shares of the Company to IEPF AuthorityAnnouncement under Regulation 30 (LODR)-Change in Management 13 Jul - Shri Suyash Trivedi appointed Executive Director (Civil), Kolkata, effective 13 July 2026.





