ALFA Finder| 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
- ₹210.42
- Market cap
- ₹43,873 Cr
- Revenue (annual)
- ₹20,412 Cr
- Net profit (annual)
- ₹874.7 Cr
- P/E (TTM)
- 48.8×Sector 33.5×
- Promoter holding
- 72.84%+0.00% QoQ
- FII holding
- 2.38%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 Board Meeting Date
RVNL intimated that its Board will meet on 13 Nov 2026 to consider unaudited Q2 and H2 FY27 results. No results or monetary figures are disclosed in this advance notice.
Rail Vikas Nigam Bags ₹0.55 Cr Order from Ministry of External Affairs
Rail Vikas Nigam received a Letter of Award from the Ministry of External Affairs for a Rs.0.55 Crore DPR for a professional and technical education centre in Seychelles. Execution is due within six months.
- Value
- ₹0.55 Cr
- From
- Ministry of External Affairs
- Execution
- 6 Months
Rail Vikas Nigam Other Announcement
The company has filed its quarterly shareholding pattern for the quarter ended September 2026. This is a routine regulatory disclosure, not a business event.
Rail Vikas Nigam Management Change
Rail Vikas Nigam Limited has appointed Shri Deepak Mohanty as a Non-Official (Independent) Director on its Board, effective October 6, 2026.
Rail Vikas Nigam Legal & Regulatory
RVNL disclosed exchange-levied fines for non-compliance with board composition regulations. The company is actively pursuing the appointment of independent directors with the Ministry of Railways.
Rail Vikas Nigam Adverse Business Impact
Rail Vikas Nigam Limited (RVNL) reported the cancellation of a previously announced order from East Coast Railway. The contract was terminated by mutual consent with no financial impact.
- From
- East Coast Railway