| 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
- ₹207.00
- Market cap
- ₹43,160 Cr
- Revenue (annual)
- ₹20,412 Cr
- Net profit (annual)
- ₹874.7 Cr
- P/E (TTM)
- 48.0×Sector 33.0×
- 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 Earnings Call Transcript: Key Takeaways
RVNL delivered strong Q1 performance with 10.55% consolidated revenue growth and 110% EBITDA surge. Management is pivoting from nomination-based rail projects to competitive bidding in metro, power, and international markets to sustain growth.
- Call
- Guides 15% growth
Rail Vikas Nigam Q1 FY27 Results: Net Profit ₹159.5 Cr, Up 18.7% YoY
Rail Vikas Nigam Ltd reported revenue from operations of ₹4,321 Cr (+10.6% YoY) and net profit of ₹159.5 Cr (+18.7% YoY) for Q1 FY27.
- Key figure
- Net profit ₹159.5 Cr · +18.7% YoY