ALFA Finder| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | 15% target for FY27. |
|---|---|
| Margins | Targeting 5-7% EBITDA; overseas projects offer 15-20% margins. |
| Order book | ₹93,492 Cr as of June 30, 2026. |
| Demand visibility | Strong pipeline in railways, ports, hydro, and highways. |
| Management confidence | High, supported by ₹93,492 Cr order book. |
Growth
Consolidated revenue grew 10.55% YoY to ₹4,321 Cr. Standalone EBITDA increased 110% YoY to ₹171 Cr with margins improving to 3.99%.
Outlook
FY27 revenue guidance of 15% growth; bottom line growth of 15-20%. Target work orders of ₹20,000-25,000 Cr this year.
Risks
Geopolitical volatility in Middle East/Israel, labor availability issues, and client payment delays were cited as primary execution challenges.
Last quarter's promises, checked
Delivered
- Guided 15-20% revenue growth for FY27 → delivered 9.62% YoY in Q1 (on track for BEAT)
- Guided margin improvement from Q4FY26 (5.83%) → delivered 3.99% (MISS - seasonally lower)
- Guided Vande Bharat prototype launch Dec 2026 → remains on track (= BEAT)
Partly delivered
- Guided 50-50 nomination/bidding mix → current book at ₹93,492Cr maintains mix (= PARTIAL)
Missed
- Guided standalone PAT improvement after adjusting ₹54Cr/₹35Cr → delivered ₹155Cr (lower than Q4FY26 adjusted PAT = MISS)
Investor Presentation filed with BSE, 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