| Quarterly Financials | Sept 2017 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 3,347 | 1,971 | 1,858 | 3,170 | 3,507 | 2,930 | 3,828 | 3,773 | 4,327 | 2,967 | 3,264 | 3,866 | 5,999 | 4,080 | 4,138 | 5,271 | 6,663 | 4,897 | 5,210 | 5,337 | 5,994 | 5,861 | 5,235 | 5,047 | 7,037 | 4,338 | 5,136 | 4,893 | 6,666 | 4,146 | 5,357 |
| Expenses | 3,094 | 1,762 | 1,734 | 2,827 | 3,250 | 2,681 | 3,573 | 3,577 | 4,013 | 2,772 | 3,018 | 3,513 | 5,224 | 3,641 | 3,799 | 4,730 | 6,029 | 4,360 | 4,593 | 4,736 | 5,346 | 5,223 | 4,616 | 4,440 | 6,258 | 3,892 | 4,599 | 4,328 | 5,994 | 3,856 | 4,906 |
| EBITDA | 253 | 209 | 124 | 343 | 258 | 250 | 255 | 196 | 315 | 195 | 246 | 353 | 775 | 439 | 340 | 541 | 633 | 537 | 617 | 601 | 648 | 638 | 619 | 607 | 780 | 446 | 537 | 565 | 672 | 290 | 451 |
| Operating Profit % | 5 % | 5 % | 2 % | 6 % | 5 % | 6 % | 5 % | 3 % | 5 % | 5 % | 5 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 7 % | 6 % | 6 % | 5 % | 7 % | 4 % | 5 % | 5 % | 7 % | 1 % | 4 % |
| Depreciation | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 8 | 8 | 5 | 4 | 5 | 5 | 5 | 4 | 7 | 6 | 5 | 6 | 6 | 6 | 6 | 5 | 4 | 7 | 7 | 7 | 9 | 9 | 9 |
| Interest | 20 | 11 | 9 | 9 | 22 | 17 | 9 | 7 | 8 | 8 | 7 | 6 | 319 | 134 | 6 | 144 | 146 | 157 | 131 | 147 | 146 | 146 | 133 | 139 | 150 | 137 | 141 | 145 | 117 | 108 | 100 |
| Profit Before Tax | 230 | 197 | 113 | 333 | 234 | 228 | 242 | 185 | 299 | 180 | 234 | 343 | 451 | 300 | 329 | 393 | 480 | 373 | 481 | 448 | 496 | 487 | 480 | 463 | 625 | 302 | 389 | 413 | 546 | 173 | 342 |
| Tax | -6 | 29 | 28 | 53 | 42 | 46 | 21 | 82 | 51 | 39 | 46 | 61 | 69 | 68 | 50 | 100 | 102 | 76 | 100 | 65 | 137 | 144 | 85 | 104 | 147 | 78 | 102 | 101 | 87 | 39 | 112 |
| Net Profit | 236 | 168 | 86 | 280 | 191 | 182 | 220 | 104 | 247 | 141 | 188 | 281 | 382 | 232 | 279 | 293 | 378 | 298 | 381 | 382 | 359 | 343 | 394 | 359 | 478 | 224 | 287 | 312 | 459 | 134 | 231 |
| EPS in ₹ | 1.13 | 0.81 | 0.41 | 1.34 | 0.92 | 0.87 | 1.06 | 0.50 | 1.19 | 0.68 | 0.90 | 1.35 | 1.83 | 1.11 | 1.34 | 1.41 | 1.81 | 1.43 | 1.83 | 1.83 | 1.72 | 1.65 | 1.89 | 1.72 | 2.29 | 1.07 | 1.38 | 1.49 | 2.20 | 0.65 | 1.10 |
Rail Vikas Nigam
Rail Vikas Nigam
322.80
-3.75
(-1.15%)
Market Cap
67,304.45 Cr
PE Ratio
59.83
Volume
1,53,66,228.00
Day High - Low
325.50 - 312.05
52W High-Low
501.80 - 301.20
Key Fundamentals
Market Cap
67,304.45 Cr
EPS
6.15
PE Ratio
59.83
PB Ratio
7.11
Book Value
45.84
EBITDA
2,124.90
Dividend Yield
0.53 %
Industry
Construction Sector
Civil Construction Return on Equity
13.39
Debt to Equity
0.63
Analyst Rating and Forecast
- By Refinitiv from2 analysts
Actual
Company News
View All News
Rail Vikas Nigam Limited announces investor conference call on February 6, 2026 at 4:00 PM IST to discuss Q3FY26 financial results and operations for quarter and nine months ended December 31, 2025.
Rail Vikas Nigam's joint venture emerges as lowest bidder for Northern Railway's ₹1,201 crore Ganga bridge construction project in Varanasi with 48-month execution timeline.
Rail Vikas Nigam Limited announces appointment of Shri B.K. Jain, Executive Director/L&A Railway Board, as Part-Time Official Director effective January 28, 2026.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,921.30 | #1 5,39,406.53 | 27.64 | #1 2,59,859.30 | 15.35 | #1 17,687 | -3.76 | 50.00 | |
322.80 | #2 67,304.45 | #10 59.83 | #4 20,922.80 | #9 -9.28 | #3 1,282 | #8 -19.66 | 43.57 | |
96.96 | 26,179.20 | 41.86 | 12,273.00 | 15.34 | 557 | 25.26 | 34.85 | |
41.13 | 24,838.41 | #1 3.73 | 8,031.50 | -2.08 | 6,481 | 40.94 | 49.71 | |
1,127.30 | 19,251.19 | 24.61 | 22,378.30 | 13.65 | 567 | #1 89.01 | 47.38 | |
615.90 | 16,395.26 | 25.05 | 21,917.60 | 9.77 | 571 | -1.62 | 35.10 | |
154.69 | 14,548.84 | 24.15 | 11,131.00 | -13.52 | 728 | -33.71 | 42.72 | |
334.35 | 12,296.88 | 24.45 | 13,022.80 | -4.57 | 487 | -22.38 | 25.84 | |
995.95 | 11,582.86 | 24.66 | 2,428.60 | #1 48.22 | 378 | 10.40 | 48.91 | |
632.50 | 10,865.56 | 24.42 | 9,152.60 | 17.86 | 373 | 49.17 | 30.96 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
-9.28 %
Net Income Growth
-17.37 %
Cash Flow Change
-36.46 %
ROE
-24.69 %
ROCE
-14.73 %
EBITDA Margin (Avg.)
-7.72 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 16,603 | 22,817 | 8,866 | 8,284 | 12,089 | 12,395 | 14,221 | 20,066 | 18,344 | 19,577 | 20,482 |
| Fixed Assets | 375 | 350 | 8 | 249 | 279 | 305 | 292 | 380 | 355 | 367 | 1,027 |
| Current Assets | 14,928 | 20,777 | 5,901 | 4,529 | 8,143 | 8,516 | 9,985 | 14,738 | 9,045 | 9,735 | 11,667 |
| Capital Work in Progress | 298 | 489 | 13 | 21 | 11 | 25 | 53 | 1 | 1 | 94 | 0 |
| Investments | 0 | 0 | 1,094 | 1,231 | 1,586 | 1,588 | 1,730 | 1,810 | 1,904 | 2,381 | 2,559 |
| Other Assets | 15,930 | 21,979 | 7,751 | 6,783 | 10,212 | 10,476 | 12,145 | 17,875 | 16,084 | 16,735 | 16,895 |
| Total Liabilities | 16,603 | 22,817 | 8,866 | 8,284 | 12,089 | 12,395 | 14,221 | 20,066 | 18,344 | 19,577 | 20,482 |
| Current Liabilities | 10,644 | 16,345 | 2,857 | 1,677 | 4,454 | 2,697 | 2,509 | 7,103 | 4,443 | 4,568 | 5,652 |
| Non Current Liabilities | 2,942 | 3,181 | 2,446 | 2,683 | 3,239 | 4,578 | 6,076 | 6,638 | 6,655 | 6,287 | 5,259 |
| Total Equity | 3,017 | 3,291 | 3,563 | 3,924 | 4,396 | 5,119 | 5,636 | 6,325 | 7,246 | 8,722 | 9,571 |
| Reserve & Surplus | 932 | 1,203 | 1,478 | 1,839 | 2,311 | 3,034 | 3,551 | 4,240 | 5,161 | 6,637 | 7,486 |
| Share Capital | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -68 | 570 | -123 | -908 | -56 | -11 | 1,148 | 3,173 | -3,757 | 267 | 2,023 |
| Investing Activities | -29 | 100 | -25 | 36 | 320 | 124 | 313 | -1,432 | 1,355 | -1,402 | 1,629 |
| Operating Activities | 113 | 652 | 571 | -363 | -695 | -962 | 419 | 4,793 | -4,064 | 2,956 | 1,878 |
| Financing Activities | -152 | -182 | -668 | -581 | 319 | 827 | 416 | -189 | -1,048 | -1,287 | -1,484 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Jul 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
| Promoter | 78.21 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 2.32 % | 0.00 % | 2.32 % | 3.13 % | 5.05 % | 5.10 % | 5.07 % | 4.89 % | 4.66 % | 4.98 % |
| DIIs | 9.43 % | 9.27 % | 9.09 % | 8.62 % | 8.33 % | 8.30 % | 7.43 % | 6.45 % | 6.51 % | 5.76 % | 5.45 % | 5.83 % | 6.07 % | 6.18 % | 6.77 % | 6.33 % | 6.16 % | 6.21 % | 6.38 % | 6.40 % | 6.38 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % |
| Public / Retail | 10.57 % | 10.84 % | 11.27 % | 11.26 % | 11.52 % | 11.43 % | 11.33 % | 11.64 % | 12.38 % | 13.14 % | 14.85 % | 17.50 % | 17.03 % | 17.27 % | 16.00 % | 14.78 % | 14.90 % | 14.94 % | 14.94 % | 15.13 % | 14.70 % |
| Others | 1.79 % | 1.69 % | 1.44 % | 1.92 % | 1.95 % | 2.08 % | 3.04 % | 3.71 % | 2.91 % | 2.90 % | 6.86 % | 1.51 % | 4.05 % | 1.39 % | 1.26 % | 1.00 % | 0.99 % | 0.94 % | 0.94 % | 0.96 % | 1.09 % |
| No of Share Holders | 3,66,354 | 3,10,866 | 4,37,074 | 5,31,174 | 5,63,523 | 5,79,899 | 5,66,880 | 6,60,435 | 7,20,323 | 8,86,922 | 9,53,483 | 13,41,100 | 13,97,700 | 18,44,550 | 20,74,710 | 22,96,190 | 23,17,900 | 23,71,570 | 22,90,740 | 22,79,950 | 22,07,490 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.89 | 1.14 | 1.58 | 1.83 | 2.13 | 2.11 | 1.72 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 6.95 | 3.92 | 4.83 | 2.73 | 0.84 | 0.6 | 0.53 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 05 Feb 2026 |  Quarterly Result Announcement | NA | 05 Feb 2026 | 325.35 | 326.55 |
| 09 Apr 2021 |  Dividend | ₹ 1.14 /share | 08 Apr 2021 | 27.75 | 29.45 |
| 02 Dec 2021 | Dividend | ₹ 0.44 /share | 30 Nov 2021 | 32.55 | 34.05 |
| 25 Mar 2022 | Dividend | ₹ 1.58 /share | 24 Mar 2022 | 32.80 | 34.90 |
| 23 Sept 2022 | Dividend | ₹ 0.25 /share | 22 Sept 2022 | 31.55 | 36.05 |
| 06 Apr 2023 | Dividend | ₹ 1.77 /share | 06 Apr 2023 | 64.70 | 75.21 |
| 21 Sept 2023 | Dividend | ₹ 0.36 /share | 20 Sept 2023 | 115.80 | 163.40 |
| 23 Sept 2024 | Dividend | ₹ 2.11 /share | 23 Sept 2024 | 280.25 | 544.25 |
| 30 Sept 2024 |  Annual General Meeting | NA | 30 Sept 2024 | 579.80 | 526.00 |
| 07 Nov 2024 | Quarterly Result Announcement | NA | 07 Nov 2024 | 432.70 | 469.65 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 407.25 | 378.95 |
| 21 May 2025 | Quarterly Result Announcement | NA | 21 May 2025 | 354.70 | 415.05 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 345.05 | 342.55 |
| 21 Aug 2025 | Dividend | ₹ 1.72 /share | 21 Aug 2025 | 415.05 | 330.85 |
| 28 Aug 2025 | Annual General Meeting | NA | 28 Aug 2025 | 358.45 | 312.80 |
| 11 Nov 2025 | Quarterly Result Announcement | NA | 11 Nov 2025 | 330.00 | 315.95 |
Announcements
Update on board meeting
4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation4 days ago
4 days agoM/S RVNL-GPT JV Emerges As The Lowest Bidder (L1) From Northern Railway- Normal Course Of Business Of The Company5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Change in Directorate5 days ago
5 days agoRail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From South Central Railway- Normal Course Of Business Of The Company.6 days ago
6 days agoBoard Meeting Intimation for Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended 31St December 2025.6 days ago
6 days agoAppointment Of Shri B. K. Jain Executive Director/L&A Railway Board As Part-Time Government Director On The Board Of Rail Vikas Nigam Limited (RVNL).Jan 22, 2026
Jan 22, 2026Announcement under Regulation 30 (LODR)-Change in ManagementJan 22, 2026
Jan 22, 2026Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From South Eastern Railway- Normal Course Of Business Of The CompanyJan 16, 2026
Jan 16, 2026Announcement under Regulation 30 (LODR)-Change in Registered Office AddressJan 15, 2026
Jan 15, 2026Board Comments On Fine Levied By The Exchanges For The Quarter Ended 30Th September 2025Jan 15, 2026
Jan 15, 2026Newspaper Publication On Investor Awareness (Saksham Niveshak).Jan 13, 2026
Jan 13, 2026Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJan 08, 2026
Jan 08, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2026
Jan 08, 2026Announcement under Regulation 30 (LODR)-CessationJan 05, 2026
Jan 05, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateJan 02, 2026
Jan 02, 2026Clarification On Price MovementDec 30, 2025
Dec 30, 2025Clarification sought from Rail Vikas Nigam LtdDec 29, 2025
Dec 29, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From East Coast Railway- Normal Course Of Business Of The Company.Dec 29, 2025
Dec 29, 2025Demand Notice Received From The Office Of The Deputy Commissioner Jurisdiction: BEGUMPET STU3 Telangana State HyderabadDec 24, 2025
Dec 24, 2025Closure of Trading WindowDec 24, 2025
Dec 24, 2025Demand Notice Received From The Office Of The Assistant Commissioner Range-2 Division-1 Ahmedabad Gujarat StateDec 24, 2025
Dec 24, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateDec 23, 2025
Dec 23, 2025Announcement under Regulation 30 (LODR)-CessationDec 23, 2025
Dec 23, 2025Demand Notice Received From The Office Of The Deputy Commissioner DGSTO-1 Bengaluru KarnatakaDec 23, 2025
Dec 23, 2025Demand Notice Received From The Office Of The Assistant Commissioner (ST) Alwarpet South-I Chennai South Tamil Nadu.Dec 22, 2025
Dec 22, 2025Demand Notice Received From The Office Of The Senior Joint Commissioner Large Taxpayer Unit Corporate Division Kolkata West BengalDec 18, 2025
Dec 18, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 16, 2025
Dec 16, 2025Announcement under Regulation 30 (LODR)-Change in ManagementDec 03, 2025
Dec 03, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 03, 2025
Dec 03, 2025Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015-Imposition Of Fine By BSE For The Quarter Ended 30Th September 2025.Nov 29, 2025
Nov 29, 2025Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015-Imposition Of Fine By NSE For The Quarter Ended 30Th September 2025.Nov 28, 2025
Nov 28, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 27, 2025
Nov 27, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From North Eastern Railway- Normal Course Of Business Of The Company.Nov 21, 2025
Nov 21, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 17, 2025
Nov 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 12, 2025
Nov 12, 2025Appointment Of Internal AuditorNov 11, 2025
Nov 11, 2025Board Comments On Fine Levied By The Exchanges For The Quarter Ended 30Th June 2025.Nov 11, 2025
Nov 11, 2025Unaudited Financial Result For The Quarter And Half Year Ended 30.09.2025Nov 11, 2025
Nov 11, 2025Board Meeting Outcome for Outcome Of Board MeetingNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2025
Nov 07, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From Central Railway- Normal Course Of Business Of The Company.Nov 06, 2025
Nov 06, 2025Board Meeting Intimation for Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September 2025.Oct 28, 2025
Oct 28, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From North Eastern Railway- Normal Course Of Business Of The Company.Oct 27, 2025
Oct 27, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From South Central RailwayOct 17, 2025
Oct 17, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Oct 14, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From Western Railway- Normal Course Of Business Of The Company.Oct 03, 2025
Oct 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementOct 01, 2025
Oct 01, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 45.38
ATR(14)
Volatile 15.46
STOCH(9,6)
Neutral 57.95
STOCH RSI(14)
Neutral 79.47
MACD(12,26)
Bearish -0.39
ADX(14)
Weak Trend 18.99
UO(9)
Bearish 53.79
ROC(12)
Downtrend And Accelerating -1.11
WillR(14)
Neutral -60.07
About Rail Vikas Nigam
Rail Vikas Nigam Limited (RVNL) is a public sector enterprise incorporated in 2003 as a project executing agency for the Ministry of Railways. It implements various rail infrastructure projects including new lines, doubling, gauge conversion, railway electrification, metro projects, and major bridges. RVNL operates on a turnkey basis, managing projects...more
Listing Date
11 Apr, 2019(6 Years,
22 days)
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