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Rail Vikas Nigam Limited

Rail Vikas Nigam Limited

NSE: RVNL
Engineering & ConstructionIndustrialsLARGE CAPMCap ₹39.75k Cr
₹190.65₹3.45 (+1.84%)

Market Closed • NSE

Market cap₹39.75k Cr
Enterprise value₹43.21k Cr
P/E TTM44.23
Forward P/E34.66
P/B4.05
EPS TTM₹4.31
Forward EPS₹5.50
ROCE10.80%
D/E0.49
Dividend yield0.01%
Face value₹10.00
52W high₹400.70
52W low₹186.90
Price chart(1Y)
1Y Return:-19.08% (₹44.96)
H: ₹251.38L: ₹186.9
1W-3.20%
1M-7.27%
3M-16.13%
6M-35.13%
1Y-44.25%
Today at a glance

Day range

₹187.60₹191.84

52 week range

₹186.90₹400.70
Volume3.97M0.82x 20D avg
Free float50.00%-17.60% volume

Rail Vikas Nigam Limited closed at INR190.65 (+1.84%) on volume 0.82x its 20-day average, trading 52.42% below its 52-week high.

Technical analysis
RSI (14)35.4Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹5.84High
SMA 20₹201.84BEARISH
SMA 50₹213.37BEARISH
SMA 100₹224.75BEARISH
SMA 200₹264.93BEARISH
CPR bottom₹191.25
Pivot₹189.90
CPR top₹188.55
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -12.1% QoQ

2026-08-18

DIVIDEND Announced

Dividend - Re 0.71 Per Share

2026-02-11

DIVIDEND Announced

Interim Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹4.82k Cr₹39.75k Cr12.12%≤ 33%PASS
Non-halal income ratio–₹20.41k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹21.15k Cr₹21.70k Cr97.44%≥ 20%PASS
Receivables ratio–₹21.70k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E44.2327.60
Forward P/E34.66—
P/B4.053.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield2.303.60
Growth & profitability
RevenuePAT
FY24PAT margin 7.10%
FY25PAT margin 6.40%
FY26PAT margin 4.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+0.80%
Revenue CAGR 5Y-1.40%
PAT CAGR 3Y-11.90%
PAT CAGR 5Y-10.80%
Operating margin4.03%
Net margin4.32%
Financial health & cash flow
Net debt₹4.26k CrModerate
Interest coverage1.70xEBIT / interest
CFO / PAT-0.63x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-189393.0 Lakh
Capital expenditure–
Free cash flow₹-195489.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation50/100
Profitability65/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.49x

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Engineering & Construction.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2025

Ownership distribution

Sept 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025
9.01%Institutional holding
18.15%Public holding
4Periods available
0.00%Promoter pledged
22.11LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
18 Aug 2026Dividend₹0.71 / share—18 Aug 2026
11 Feb 2026Dividend₹1.00 / share—11 Feb 2026
21 Aug 2025Dividend₹1.72 / share—21 Aug 2025
—Dividend₹2.11 / share—23 Sept 2024
—Dividend₹0.36 / share—20 Sept 2023
06 Apr 2023Dividend₹1.77 / share—06 Apr 2023
—Dividend₹0.25 / share—22 Sept 2022
25 Mar 2022Dividend₹1.58 / share—24 Mar 2022
—Dividend₹0.44 / share—30 Nov 2021
09 Apr 2021Dividend₹1.14 / share—08 Apr 2021
09 Dec 2020Dividend₹1.14 / share—08 Dec 2020
10 Sept 2019Dividend₹0.09 / share—06 Sept 2019
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)30.12%+0.60% latest vs average
Highest delivery50.75%on 18 Sept
Average volume (20D)5.07MTrading-session average
Conviction trendStrengthening+0.60% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹5.10L30.721.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.06L30.060.44%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.11L33.400.97%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.69L43.830.68%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.87L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L62.030.33%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.360.44%₹3,559.00₹362.00+21.05%+2.84%
Hitachi Energy India Limited
Hitachi Energy India LimitedPOWERINDIA
Open analysis
₹1.36L118.580.03%₹2,707.35₹330.46+47.10%+79.71%
About Rail Vikas Nigam Limited
Rail Vikas Nigam Limited

Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway. [1] [2]

IndiaIndustrials

Questions investors ask
Is Rail Vikas Nigam Limited Shariah compliant?

Rail Vikas Nigam Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (12.12%) complies with AAOIFI threshold (≤ 33%).

What is Rail Vikas Nigam Limited's current valuation relative to peers?

Rail Vikas Nigam Limited trades at a P/E of 44.2x compared to the sector median of 27.6x, and a Price-to-Book of 4.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.49x. Interest coverage is 1.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -1.4% while net profit growth averaged -10.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.