Rail Vikas Nigam Limited Stock Price Today (NSE: RVNL)

Rail Vikas Nigam Limited

218.406.60 (2.93%)
Market Closed

Fundamental Score

...

Rail Vikas Nigam Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Rail Vikas Nigam Limited share price today is 218.40, down 2.93% on NSE/BSE as of 25 August 2026. Rail Vikas Nigam Limited (RVNL) is a Large-cap company in the Civil Construction sector with a market capitalisation of 47.33K (Cr). The 52-week high for RVNL share price is 400.70 and the 52-week low is 24.57. At a P/E ratio of 52.61x, RVNL is currently trading above its industry average P/E of 17.15x. The company has a Return on Equity (ROE) of 9.02% and a debt-to-equity ratio of 0.49.

Rail Vikas Nigam Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
236.76
Low
218.40
Volume
44.4L
Change
-0.82%

Rail Vikas Nigam Limited share price chart: -0.82% return over the past month. 52-week high ₹400.70, 52-week low ₹24.57.

Rail Vikas Nigam Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
26.3527.6026.3527.3057.00K (Cr)
26.9627.0024.5725.7062.10K (Cr)
221.70224.10217.02218.4073.48L (Cr)
226.20227.88225.00225.0021.73L (Cr)
228.00228.92225.55227.3525.79L (Cr)
230.00230.90227.89228.1521.23L (Cr)
231.16233.67227.65230.0056.05L (Cr)
230.68231.60227.13230.0064.00L (Cr)
233.39233.39230.05230.6823.13L (Cr)
235.00236.76233.01233.3846.88L (Cr)

Rail Vikas Nigam Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
225.70236.7624.5727.30-87.90%
236.20241.19220.16225.48-4.54%
248.10251.38221.55235.83-4.95%
299.40310.00243.00245.45-18.02%
259.90311.85251.00297.65+14.52%
295.80307.95248.00249.65-15.60%
320.00339.00303.00316.35-1.14%
359.20372.90313.80343.40-4.40%
323.80400.70301.20357.25+10.33%
328.40335.65308.00324.10-1.31%
339.05357.40327.25328.80-3.02%
302.95369.85301.60339.45+12.05%

AI Research Briefing

Powered by Gemini · 2026-04-15

RVNL is a government capex play trading at a premium, vulnerable to policy shifts and execution hiccups.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown - 1M: -2.17%, 3M: -3.07%, 6M: -25.19%.Expensive - P/E of 59.08x vs Industry P/E of 18.93x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

RVNL has been on a roll, securing multiple orders. Most recently, RailTel bagged a order from RVNL for deploying integrated communication systems in tunnels, to be executed by April 2028. Prior to that, on April 2nd, RVNL received a contract from South Central Railway for OHE upgradation. In late February, RVNL secured an EPC order worth from Central Railway. Also in February, NMDC upgraded RVNL's Letter of Award for township development in Kirandul, Chhattisgarh to

CORE STORY (THE REAL GAME)

RVNL is a play on the Indian government's massive investment in railway infrastructure. The market narrative is 'Govt Capex Dark Horse,' with RVNL positioned to benefit from continued spending in the sector.

Why Now
  • Strong order book provides near-term revenue visibility
  • Government's continued focus on railway infrastructure
  • Recent order wins demonstrate execution capabilities
Potential Catalysts
  • Further increase in government infrastructure spending
  • Successful execution of Vande Bharat sleeper train project
  • Significant margin improvement in bidding projects
Key Risks
  • High P/E ratio compared to industry average
  • Reliance on government projects exposes it to policy risk
  • Potential margin compression from competitive bidding
Institutional Activity

FII decreased their holdings by 0.23% while DII increased their holdings by 0.01%.

Macro Context

India's civil engineering market is expected to grow at a CAGR of 35.1% from 2026 to 2033.

Order Book / Expansion

Order book stands at ~₹87,000 crore.

Cash Flow Quality

Free Cash Flow 5Y: ₹4906.39 Cr.

3–6 Month Outlook

RVNL's medium-term growth visibility improves with management targeting ~10% annual growth from FY27 onward. The company expects revenue mix to normalize to ~50% railway nomination works and ~50% bidding projects across railways, highways, ports, and other infrastructure.

Primary Thesis Risk

Over-reliance on government spending makes RVNL vulnerable to policy changes and funding risks.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

9.02%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

10.25%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

8.70%

Average operating profit margin over 5 years

Dividend Yield

0.76%

Annual dividend as % of current share price

Rail Vikas Nigam Limited Valuation Check

Poor

Price to Earnings (P/E)

52.61x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

17.15x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

72.84%

% shares held by company founders/management

Poor

FII Holding

4.86%

% shares held by foreign institutional investors

Average

DII Holding

6.42%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Good

Profit Growth (Quarterly YoY)

18.46%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

10.55%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

5.79%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-1.02%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-1.06%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Average

Debt to Equity Ratio

0.49x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.60x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

2.66K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Rail Vikas Nigam Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of RVNL across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Healthy Liquidity Position (Current Ratio: 1.91)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Strong Cash Generation (₹2658.91 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (72.84%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Below-Average Return on Equity (9.02%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 52.61x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Weak Earnings Growth (-1.02% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-1.06% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Rail Vikas Nigam Limited vs Civil Construction Peers

Peer Comparison - Civil Construction

Compare Rail Vikas Nigam Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
27.7/100
218
₹47325.78
52.6
Average
9.02%
Poor
10.25%
Average
0.5
Excellent
-1.06%
Poor
5.79%
Good
0.76%
29.2/100
4064
₹520535.11
31.4
Average
14.54%
Average
1.1
Average
6.79%
Good
16.02%
Excellent
1.00%
65.1/100
1324
₹27466.20
59.6
Average
28.24%
Excellent
44.81%
Excellent
0.4
Excellent
106.92%
Excellent
29.83%
Excellent
0.19%
55.8/100
88
₹26397.95
35.5
Average
26.20%
Excellent
31.88%
Excellent
0.0
Excellent
26.55%
Excellent
13.54%
Good
0.68%
41.7/100
19
₹24252.69
25.4
Average
4.17%
Poor
5.98%
Poor
1.0
Good
48.65%
Excellent
7.62%
Good
0.77%
32.8/100
1404
₹22154.34
19.5
Average
14.56%
Average
20.67%
Excellent
0.4
Excellent
9.16%
Good
15.95%
Excellent
0.85%
27/100
429
₹13509.65
186.0
Average
0.00%
Poor
22.17%
Excellent
0.8
Good
12.38%
Good
1.08%
51.5/100
245
₹12942.12
16.5
Average
23.79%
Excellent
28.82%
Excellent
0.0
Excellent
22.68%
Excellent
4.55%
Average
1.74%
28.3/100
124
₹12258.63
23.4
Average
9.19%
Poor
7.82%
Poor
0.9
Good
8.77%
Good
11.17%
Good
2.03%
60.8/100
1002
₹12201.05
28.3
Average
12.00%
Average
13.58%
Average
0.0
Excellent
21.12%
Excellent
29.60%
Excellent
0.86%
3.9/100
280
₹10759.54
74.9
Average
4.68%
Poor
11.85%
Average
0.6
Good
0.68%

Rail Vikas Nigam Limited PE Ratio History

Historical price-to-earnings ratio for RVNL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20256.15₹357.2558.1x
FY 20247.44₹422.7056.8x
FY 20236.81₹181.5526.7x
FY 20225.32₹68.2512.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Rail Vikas Nigam Limited Dividend History

Annual cash dividends paid by RVNL — dividend yield 0.76%

Financial YearDividends Paid (₹ Cr)
FY 2025439.94 Cr
FY 2024443.93 Cr
FY 2023433.47 Cr
FY 2022421.17 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Rail Vikas Nigam Limited Quarterly Performance

Latest quarterly metrics for RVNL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

10.55%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

18.46%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

5.79%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-1.06%

Compounded annual net profit growth over 5 years

Rail Vikas Nigam Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for RVNL — calculated from daily price history

55RSI 14
Neutral — RSI 55

Momentum is balanced — neither overbought nor oversold.

SMA 50
233
▼ Price below SMA 50 — Short-term bearish
SMA 200
288
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
4143K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Rail Vikas Nigam Limited Financial Statements

Annual income statement, balance sheet and cash flow for Rail Vikas Nigam Limited (RVNL) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Rail Vikas Nigam Limited

Loading latest quarterly results...

About RVNL (Rail Vikas Nigam Limited)

Rail Vikas Nigam Ltd is a dynamic force in India's civil construction landscape, specifically dedicated to revolutionizing railway infrastructure. They are the architects of seamle...ss rail networks, sculpting the nation's connectivity through meticulous planning and robust execution. RVNL forges ahead with ambitious projects, breathing life into new lines, doubling existing tracks to ease congestion, and masterfully converting gauges to facilitate smoother transitions across the country. They excel in the intricate art of railway electrification, pushing the boundaries of sustainable transportation. Their commitment extends beyond mere construction; they are the stewards of progress, driving India towards a future where railways are the backbone of a thriving economy. RVNL's expertise extends far beyond the basic laying of tracks. They are also involved in the design and construction of sophisticated workshops, ensuring the maintenance and longevity of the railway's rolling stock. Their civil engineering prowess shines in the construction of bridges, ranging from standard spans to breathtaking mega and monumental structures that stand as testaments to human ingenuity. RVNL's involvement in metro and metropolitan transport projects demonstrates its adaptability and commitment to addressing the evolving transportation needs of urban India. Their dedication to even the most challenging terrains is evident in their work on hilly railway projects, showcasing their ability to conquer geographical obstacles. With a focus on quality and efficiency, RVNL is committed to delivering projects on time and within budget. Their unwavering pursuit of excellence, coupled with their experience and skilled workforce, makes them a leader in the rail infrastructure development sector. RVNL's success is not just measured in kilometers of track laid or bridges erected; it is reflected in the improved connectivity, economic growth, and societal progress that their projects unlock. Their work empowers communities, facilitates trade, and ultimately, strengthens the fabric of the nation, making RVNL an indispensable player in India's growth story.

Company Details

Symbol:RVNL
Industry:Civil Construction
Sector:Civil Construction

Key Leadership

Ms. Kalpana Dubey
Company Secretary & Compliance Officer
Ms. Anupam Ban
Director of Personnel & Director
Mr. Chandan Kumar Verma
Chief Financial Officer

RVNL Share Price: Frequently Asked Questions

What is the current share price of Rail Vikas Nigam Limited?

Rail Vikas Nigam Limited (RVNL) trades at ₹218.40 on NSE and BSE. Market cap ₹47.33K (Cr). Educational data only.

What is the P/E ratio of Rail Vikas Nigam Limited?

Rail Vikas Nigam Limited has a P/E of 52.61x vs industry average 17.15x.

What is the Bull Run score for Rail Vikas Nigam Limited?

Rail Vikas Nigam Limited has a Bull Run score of 27.7/100 based on 25+ financial parameters.

Does Rail Vikas Nigam Limited pay dividends?

Rail Vikas Nigam Limited has a dividend yield of 0.76%. Past dividends don't guarantee future payments.

What is the ROE of Rail Vikas Nigam Limited?

Rail Vikas Nigam Limited has ROE of 9.02%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Rail Vikas Nigam Limited?

Rail Vikas Nigam Limited has debt-to-equity of 0.49.

Is Rail Vikas Nigam Limited a good investment?

Bull Run gives Rail Vikas Nigam Limited a score of 27.7/100. This is not investment advice — consult a SEBI-registered advisor.