| Revenue growth | 47.6% QoQ standalone turnover increase; 0.72% YoY growth. |
|---|---|
| Margins | Margins contracted significantly to 5.83% due to specific project costs. |
| Order book | Impressive ₹99,262cr; includes railways, metro, and international projects. |
| Demand visibility | Strong; government focus on railway infrastructure provides long-term clarity. |
| Management confidence | Balanced, acknowledging margin pressure while optimistic about future project execution. |
Growth
Standalone turnover surged 47.6% QoQ to ₹6,714cr, but EBITDA margins dropped from 10.36% to 5.83%.
Outlook
Guidance of 15-20% revenue growth for FY27 with expected margin improvement as old contracts conclude.
Risks
Onerous contracts, JV reconciliation losses, and ₹3,400cr receivable delays from the Ministry of Railways impact cash flow.
Earnings Call filed with NSE, NSE: RVNL. Summary written with AI assistance from the document.
Rail Vikas Nigam Ltd: key numbers
- Share price
- ₹198.78
- Market cap
- ₹41,446 Cr
- Revenue (annual)
- ₹20,412 Cr
- Net profit (annual)
- ₹874.7 Cr
- P/E (TTM)
- 46.1×Sector 31.7×
- Promoter holding
- 72.84%+0.00% QoQ
- FII holding
- 2.41%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Rail Vikas Nigam Ltd
All →Rail Vikas Nigam Bags ₹404.9 Cr Order from East Coast Railway
Rail Vikas Nigam Ltd secured an order from East Coast Railway worth ₹404.88 Crore. The project involves railway infrastructure works to be executed within 912 days.
- Value
- ₹404.9 Cr
- From
- East Coast Railway
- Execution
- 912 Days
Rail Vikas Nigam Other Announcement
Rail Vikas Nigam Limited has appointed M/s. Gandhi Minocha & Co., Chartered Accountants, as the Statutory Auditor of the Company for the financial year 2026-27.
Rail Vikas Nigam Bags ₹903 Cr Order from SJVN Thermal Private Limited
Rail Vikas Nigam Limited secured a ₹903.01 Crore contract from SJVN Thermal Private Limited to build a permanent siding for the Buxar Thermal Power Project.
- Value
- ₹903.0 Cr
- From
- SJVN Thermal Private Limited
- Execution
- 36 Months
Rail Vikas Nigam Bags ₹404.9 Cr Order from East Coast Railway
Rail Vikas Nigam Limited emerged as the lowest bidder for a project from East Coast Railway. The project is valued at approximately ₹404.88 Crore.
- Value
- ₹404.9 Cr
- From
- East Coast Railway
- Execution
- 30 Months
Rail Vikas Nigam Management Change
Rail Vikas Nigam Limited has re-appointed Shri Rakesh Bhalla as an Independent Director on its Board. The appointment is effective from August 25, 2026, for three years.
Rail Vikas Nigam Legal & Regulatory
Rail Vikas Nigam Limited was fined ₹9.66 Lakh (₹0.10 Crore) by BSE for non-compliance with board and committee composition requirements for the quarter ended June 2026.
- Value
- ₹0.10 Cr