Rail Vikas Nigam Limited

BSE: RVNL542649ISIN INE415G01027

Industrials
Civil Construction
BSE 200

BSE listing

Share price

₹210.30+9.15 (+4.55%)

as of 18 Sep 2026

52W high: ₹400.90
52W low: ₹195.20
Off 52W high: -47.54%
1M return: -5.74%
3M return: -13.85%
6M return: -20.51%
1Y return: -41.98%
20D avg volume: 4,17,718
50 DMA: ₹220.59
200 DMA: ₹274.21

Key ratios Consolidated

Market cap: ₹43,848 Cr
Current price: ₹210.30
52W high / low: ₹400.90 / ₹195.20
Face value: ₹10.00
P/E: 48.95
P/B: —
EPS (TTM): ₹4.30
Book value / share: —
ROE: —
ROCE: 10.30%
Operating margin: —
Net margin: —
Debt / equity: 0.49
Net debt: ₹4,257 Cr
Interest cover: 3.60
Dividend yield: 0.81%
Dividend / share (TTM): ₹1.71
Payout: 39.77%
Cash conversion cycle: 68.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	4,321	6,696	4,684	5,123	3,909	6,427	4,567	4,855	4,074	6,714	4,689	4,914
	141.06	84.98	251.68	210.38	228.19	187.02	268.68	281.12	262.96	280.30	327.64	296.02
	4,245	6,535	4,577	5,015	3,973	6,120	4,480	4,732	4,036	6,412	4,584	4,755
	4,046	6,319	4,354	4,767	3,696	5,893	4,219	4,499	3,794	6,162	4,340	4,543
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	54.34	45.98	50.80	52.60	50.05	44.75	50.66	45.35	46.97	45.47	50.81	46.05
	97.88	97.55	104.79	100.01	108.17	116.98	144.59	140.61	137.34	150.36	139.38	132.69
	10.42	9.69	8.90	8.92	8.86	9.00	7.42	7.43	6.89	4.39	4.83	6.22
	36.44	62.72	58.80	86.45	110.24	56.06	58.13	38.64	—	49.71	49.46	27.17
	217.38	246.27	358.71	318.36	164.04	493.82	355.98	404.55	300.25	581.89	432.53	455.40
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	217.38	246.27	358.71	318.36	164.04	493.82	355.98	404.55	300.25	581.89	432.53	455.40
	64.02	68.68	90.98	111.87	39.05	87.08	101.32	102.41	77.69	146.56	103.98	85.19
	159.52	181.66	324.14	230.52	134.36	459.12	311.58	286.90	223.92	478.39	358.57	394.42
	0.76	0.90	1.55	1.10	0.65	2.20	1.49	1.38	1.07	2.29	1.72	1.89
Key metrics
	325.68	353.51	472.40	427.29	281.07	619.80	507.99	552.59	444.48	736.64	576.74	594.31
	7.50%	5.30%	10.10%	8.30%	7.20%	9.60%	11.10%	11.40%	10.90%	11.00%	12.30%	12.10%
	3.70%	2.70%	6.90%	4.50%	3.40%	7.10%	6.80%	5.90%	5.50%	7.10%	7.60%	8.00%
	—	2.40%	—	2.90%	—	4.10%	—	—	—	—	—	—
	10.60%	4.20%	2.60%	5.50%	-4.10%	-4.30%	-2.60%	-1.20%	—	—	—	—
	18.70%	-60.40%	4.00%	-19.70%	-40.00%	-4.00%	-13.10%	-27.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Income statement
	20,825	20,412	19,923	21,889	20,282	19,382	15,404	14,531	10,069
	688.10	775.23	999.78	1,186	996.47	800.23	309.32	245.69	272.74
	20,372	20,100	19,368	21,126	19,638	18,783	14,575	13,805	9,595
	19,486	19,187	18,406	20,182	18,720	17,903	14,229	13,416	9,308
	0.00	0.00	0.00	—	—	—	—	—	—
	203.72	199.43	187.73	188.91	190.68	204.36	207.78	189.94	162.10
	400.23	418.98	539.52	568.49	581.37	563.71	28.27	40.99	51.98
	37.93	36.37	30.74	20.94	22.32	20.91	22.92	20.29	5.74
	244.41	258.03	203.88	165.63	124.10	90.98	64.85	119.29	56.53
	1,141	1,087	1,555	1,949	1,640	1,399	1,138	970.90	745.94
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	12.42
	1,141	1,087	1,555	1,949	1,640	1,399	1,138	970.90	758.36
	335.55	310.58	368.51	479.44	377.60	319.48	215.14	200.99	151.74
	895.84	870.66	1,282	1,574	1,421	1,183	922.41	753.32	705.24
	4.31	4.20	6.15	7.55	6.81	5.67	4.42	3.61	3.38
Key metrics
	1,579	1,543	2,125	2,538	2,243	1,983	1,189	1,032	816.08
	7.58%	7.60%	10.70%	11.60%	11.10%	10.20%	7.70%	7.10%	8.10%
	4.30%	4.30%	6.40%	7.20%	7.00%	6.10%	6.00%	5.20%	7.00%
	—	10.30%	14.10%	—	—	—	—	—	—
	—	2.50%	-9.00%	7.90%	4.60%	25.80%	6.00%	44.30%	—
	—	-32.10%	-18.60%	10.80%	20.10%	28.20%	22.40%	6.80%	—
	—	-1,955	1,446	—	—	—	—	—	—
	—	-2.18	1.47	—	—	—	—	—	—
	—	0.49	0.56	—	—	—	—	—	—
	—	4,257	2,262	—	—	—	—	—	—
	—	68.0	20.2	—	—	—	—	—	—
Balance sheet
	—	21,702	20,482	—	—	—	—	—	—
	—	13,575	11,667	—	—	—	—	—	—
	—	556.32	3,127	—	—	—	—	—	—
	—	5,371	1,486	—	—	—	—	—	—
	—	118.46	0.00	—	—	—	—	—	—
	—	2,859	3,140	—	—	—	—	—	—
	—	574.32	537.45	—	—	—	—	—	—
	—	1,682	379.58	—	—	—	—	—	—
	—	7,126	5,652	—	—	—	—	—	—
	—	4,814	5,389	—	—	—	—	—	—
	—	492.70	499.50	—	—	—	—	—	—
	—	4,321	4,890	—	—	—	—	—	—
	—	9,818	9,571	—	—	—	—	—	—
Cash flow
	—	-1,894	1,878	—	—	—	—	—	—
	—	941.94	1,629	—	—	—	—	—	—
	—	-1,619	-1,484	—	—	—	—	—	—
	—	60.96	431.75	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	4,303	6,648	4,504	4,935	3,925	6,345	4,591	4,869	4,064	6,701	4,676	4,910
	152.44	167.45	234.52	203.20	201.31	193.41	283.57	279.85	262.06	279.29	326.45	296.45
	4,238	6,535	4,386	4,832	3,963	6,081	4,480	4,745	4,032	6,401	4,573	4,752
	4,043	6,292	4,177	4,611	3,690	5,858	4,221	4,514	3,792	6,154	4,331	4,542
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	53.08	43.54	49.53	51.18	48.88	43.22	49.49	44.23	46.03	44.39	49.68	44.62
	96.94	96.93	103.62	99.62	108.17	116.97	144.59	140.61	137.34	150.75	138.99	132.69
	10.39	9.66	8.87	8.89	8.82	8.96	7.38	7.38	6.87	4.34	4.80	6.19
	35.43	92.78	47.16	60.97	107.94	53.85	57.28	38.03	50.61	47.36	48.46	26.42
	216.86	281.13	352.14	305.79	163.19	457.19	394.55	404.52	293.94	579.27	428.94	454.66
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	216.86	281.13	352.14	305.79	163.19	457.19	394.55	404.52	293.94	579.27	428.94	454.66
	61.24	68.86	87.91	109.68	35.34	83.85	99.56	102.01	76.13	145.95	102.96	84.57
	155.62	212.27	264.23	196.11	127.85	373.34	294.99	302.51	217.81	433.32	325.98	370.09
	0.75	1.02	1.27	0.94	0.61	1.79	1.41	1.45	1.04	2.08	1.56	1.77
Key metrics
	324.19	387.72	464.63	414.30	280.18	583.12	546.52	552.51	438.15	734.36	572.73	593.54
	7.50%	5.80%	10.30%	8.40%	7.10%	9.20%	11.90%	11.30%	10.80%	11.00%	12.20%	12.10%
	3.60%	3.20%	5.90%	4.00%	3.30%	5.90%	6.40%	6.20%	5.40%	6.50%	7.00%	7.50%
	—	2.80%	—	3.10%	—	4.10%	—	—	—	—	—	—
	9.60%	4.80%	-1.90%	1.30%	-3.40%	-5.30%	-1.80%	-0.80%	—	—	—	—
	21.70%	-43.10%	-10.40%	-35.20%	-41.30%	-13.80%	-9.50%	-18.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Income statement
	20,390	20,012	19,869	21,733	20,282	19,382	15,404	14,531	10,060
	757.61	806.49	1,019	1,183	1,004	809.26	326.75	265.58	272.63
	19,991	19,716	19,338	20,976	19,641	18,785	14,575	13,805	9,587
	19,123	18,822	18,385	20,041	18,728	17,906	14,230	13,416	9,299
	0.00	0.00	0.00	—	—	—	—	—	—
	197.33	193.13	182.98	184.18	187.16	203.19	207.76	189.94	162.10
	397.11	416.79	539.51	568.49	581.37	563.71	28.27	40.99	51.98
	37.81	36.23	30.60	20.82	22.27	20.90	22.92	20.29	5.74
	236.34	248.67	199.78	161.00	122.73	91.50	64.34	119.24	56.47
	1,156	1,102	1,550	1,939	1,644	1,406	1,156	990.84	745.89
	0.00	0.00	0.00	—	—	—	—	—	12.42
	1,156	1,102	1,550	1,939	1,644	1,406	1,156	990.84	758.31
	327.69	301.79	361.55	476.45	376.42	318.89	215.12	200.98	151.73
	828.23	800.48	1,189	1,463	1,268	1,087	940.55	789.86	606.59
	3.98	3.84	5.70	7.02	6.08	5.21	4.51	3.79	2.91
Key metrics
	1,591	1,555	2,120	2,529	2,248	1,991	1,207	1,052	816.03
	7.80%	7.80%	10.70%	11.60%	11.10%	10.30%	7.80%	7.20%	8.10%
	4.06%	4.00%	6.00%	6.70%	6.30%	5.60%	6.10%	5.40%	6.00%
	—	11.20%	15.10%	—	—	—	—	—	—
	—	0.70%	-8.60%	7.20%	4.60%	25.80%	6.00%	44.40%	—
	—	-32.70%	-18.80%	15.40%	16.60%	15.60%	19.10%	30.20%	—
	—	-1,983	1,488	—	—	—	—	—	—
	—	-2.40	1.62	—	—	—	—	—	—
	—	0.54	0.62	—	—	—	—	—	—
	—	4,329	2,344	—	—	—	—	—	—
	—	70.6	21.1	—	—	—	—	—	—
Balance sheet
	—	20,588	19,485	—	—	—	—	—	—
	—	13,221	11,472	—	—	—	—	—	—
	—	447.76	3,045	—	—	—	—	—	—
	—	5,416	1,490	—	—	—	—	—	—
	—	118.46	0.00	—	—	—	—	—	—
	—	2,777	3,075	—	—	—	—	—	—
	—	574.11	537.21	—	—	—	—	—	—
	—	1,666	344.87	—	—	—	—	—	—
	—	7,009	5,608	—	—	—	—	—	—
	—	4,777	5,389	—	—	—	—	—	—
	—	491.17	499.51	—	—	—	—	—	—
	—	4,286	4,890	—	—	—	—	—	—
	—	8,863	8,624	—	—	—	—	—	—
Cash flow
	—	-1,923	1,920	—	—	—	—	—	—
	—	973.20	1,582	—	—	—	—	—	—
	—	-1,647	-1,484	—	—	—	—	—	—
	—	60.84	431.63	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -0.44%
Sales CAGR 5Y: +5.37%
Sales CAGR 10Y: —
Profit CAGR 3Y: -14.21%
Profit CAGR 5Y: -3.17%
Profit CAGR 10Y: —
Sales YoY (TTM): +3.34%
Profit YoY (TTM): -24.62%

Consolidated

Sales CAGR 3Y: +0.21%
Sales CAGR 5Y: +5.79%
Sales CAGR 10Y: —
Profit CAGR 3Y: -15.06%
Profit CAGR 5Y: -1.15%
Profit CAGR 10Y: —
Sales YoY (TTM): +5.40%
Profit YoY (TTM): -24.84%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 72.84%

Holder	Type	Holding	Previous	Change
PRESIDENT OF INDIA	Promoter	72.84%	—	—
LIFE INSURANCE CORPORATION OF INDIA	Public	6.12%	—	—
Qualified Institutional Buyer	Public	0.00%	—	—
Custodian	Public	0.00%	—	—
Foreign Bank	Public	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Acceptance from East Coast Railway19 Sep 2026 · Company Update / Award of Order / Receipt of Order
Appointment of Statutory Auditor for F.Y. 2026-279 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Award from SJVN Thermal Private Limited (a wholly owned subsidiary of SJVN Limited)4 Sep 2026 · Company Update / Award of Order / Receipt of Order
Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway- Normal course of business of the Company3 Sep 2026 · Company Update / General
Intimation regarding Change in the Senior Management31 Aug 2026 · Company Update / Change in Management
Re-appointment of an Additional Director designated as Independent Director on the Board of Rail Vikas Nigam Limited27 Aug 2026 · Company Update / Change in Directorate
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Imposition of fine by NSE for the quarter ended 30th June, 202626 Aug 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Imposition of fine by BSE for the quarter ended 30th June, 202625 Aug 2026 · Company Update / General
Voting Results of 23rd Annual General Meeting of the Company held on 25.08.2026 along with the Scrutinizer''s Report25 Aug 2026 · AGM/EGM / AGM
Proceeding of the Annual General Meeting held on 25.08.2026.25 Aug 2026 · AGM/EGM / AGM
Summary of Proceedings of 23rd Annual General Meeting of the Company held on 25th August, 202625 Aug 2026 · AGM/EGM / AGM
Annual Report along with C&AG Comments for the Financial Year 2025-2621 Aug 2026 · Others / Reg. 34 (1) Annual Report
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Acceptance from East Coast Railway20 Aug 2026 · Company Update / Award of Order / Receipt of Order
Transcript of Conference Call with Investors18 Aug 2026 · Company Update / Earnings Call Transcript
Appointment of Shri Rakesh Bhalla (DIN: 07020164) as Non-Official (Independent) Director on the Board of Rail Vikas Nigam Limited14 Aug 2026 · Company Update / Change in Directorate
Dear Sir/Madam, ????? ?????/??????, This is further to our letter dated 06.08.2026 regarding intimation of the Schedule of Conference Call with Investor/Analyst/Institutions. It is ....13 Aug 2026 · Company Update / Analyst / Investor Meet
Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30.06.202611 Aug 2026 · Result / Financial Results
Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30.06.2026.11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Invite for Investor Conference Call on Thursday, 13th August, 20266 Aug 2026 · Company Update / Analyst / Investor Meet
Rail Vikas Nigam Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....3 Aug 2026 · Board Meeting / Board Meeting
Newspaper Advertisement regarding 23rd Annual General Meeting2 Aug 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for FY 2025-261 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 23rd Annual General Meeting of RVNL for FY 2025-261 Aug 2026 · AGM/EGM / AGM
Annual Report for FY 2025-261 Aug 2026 · Others / Reg. 34 (1) Annual Report
Intimation regarding Change in the Senior Management- Superannuation31 Jul 2026 · Company Update / Cessation
Intimation regarding Change in the Senior Management30 Jul 2026 · Company Update / Cessation
Intimation regarding Change in Senior Management29 Jul 2026 · Company Update / Change in Management
Newspaper Advertisement regarding 23rd Annual General Meeting of Rail Vikas Nigam Limited29 Jul 2026 · Company Update / Newspaper Publication
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Letter of Acceptance from East Central Railway28 Jul 2026 · Company Update / Award of Order / Receipt of Order
Record Date for the purpose of Final Dividend for FY 2025-26 is 18th August, 202628 Jul 2026 · Corp. Action / Record Date
Intimation for the 23rd Annual General Meeting (AGM), Book Closure, E-voting and Fixation of Record Date for Final Dividend28 Jul 2026 · Company Update / General
Board Comments on fine levied by the Exchanges.25 Jul 2026 · Company Update / General
Outcome of Board Meeting of Rail Vikas Nigam Limited held on 25th July, 2026.25 Jul 2026 · Company Update / General
Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Central Railway- Normal course of business of the Company.20 Jul 2026 · Company Update / General
Rail Vikas Nigam Limited (RVNL) has signed MoU with the Government of Goa (GoG)17 Jul 2026 · Company Update / General
Intimation regarding Change in the Senior Management- Appointment15 Jul 2026 · Company Update / Change in Management
Newspaper Publication for Transfer of Unpaid Dividend/ Equity Shares of the Company to IEPF Authority15 Jul 2026 · Company Update / Newspaper Publication
Intimation regarding Change in the Senior Management- Appointment13 Jul 2026 · Company Update / Change in Management
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201525 Jun 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.7100	18 Aug 2026	18 Aug 2026	—
Interim Dividend - Rs. - 1.0000	11 Feb 2026	11 Feb 2026	—
Final Dividend - Rs. - 1.7200	21 Aug 2025	21 Aug 2025	—
Final Dividend - Rs. - 2.1100	23 Sep 2024	—	—

Board meetings

11 Aug 2026 Board Meeting - Financial Results