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NSE RVNL · BSE 542649 · Construction Services · NIFTY 500

Rail Vikas Nigam Share Price

Market closed · updated 25 Sep, 4:49 PM IST
₹206.00 ▼ −₹4.57 · 2.17% NSE · as of 24 Sep 2026, 9:59 AM · BSE ₹207.00
Today's range
₹205.50Low₹210.05High
52-week range
₹195.20Low · 16 Sep 2026₹400.90High · 29 Dec 2025

Rail Vikas Nigam Overview

Where the price stands, how it has moved and how it sits against its averages.

Rail Vikas Nigam shares last traded at ₹206.00 on the NSE, down 2.17% on the day. That is 48.6% below the 52-week high of ₹400.90 and 5.5% above the 52-week low of ₹195.20. The stock trades at 54.77× earnings, above the sector average of 10.81. Its market value is ₹43,160 Cr.

Price returns

1 Day▼ −2.17%
5 Days▲ +7.23%
This month▲ +0.84%
3 Months▼ −11.74%
6 Months▼ −21.23%
This year▼ −40.72%
1 Year▼ −40.78%

Against the market: 1 Month ▼ −0.96% · 3 Months ▼ −9.19% · 6 Months ▼ −20.76% · This year ▼ −32.49% · 1 Year ▼ −35.02%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 1 of 6

  1. 300-day average₹273.85 ▼ price 24.8% below
  2. 100-day average₹237.19 ▼ price 13.1% below
  3. 50-day average₹219.86 ▼ price 6.3% below
  4. 20-day average₹209.23 ▼ price 1.5% below
  5. 5-day average₹206.87 ▼ price 0.4% below
  6. Today's price₹206.00
  7. 10-day average₹205.83 ▲ price 0.1% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Rail Vikas Nigam Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
21,879
20,412
Net profit₹ crore · losses below zero
1,551
875

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹20,412 Cr ▲ +2.5% ₹875 Cr 4.3% ₹4.19 ₹1.71
FY 2025 ₹19,923 Cr ▼ −8.9% ₹1,281 Cr 6.4% ₹6.15 ₹1.72
FY 2024 ₹21,879 Cr ▲ +7.9% ₹1,551 Cr 7.1% ₹7.44 ₹2.11
FY 2023 ₹20,282 Cr ▲ +4.6% ₹1,342 Cr 6.6% ₹6.44 ₹2.13
FY 2022 ₹19,382 Cr ▲ +25.8% ₹1,110 Cr 5.7% ₹5.32 ₹1.83
FY 2021 ₹15,404 Cr ▲ +6.0% ₹992 Cr 6.4% ₹4.76 ₹1.58
FY 2020 ₹14,531 Cr — ₹753 Cr 5.2% ₹3.61 ₹1.14

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
55%
45%
  • Total assets₹21,702 Cr
  • Total liabilities₹11,880 Cr
  • Shareholders' equity₹9,822 Cr
  • Total debt₹4,818 Cr
  • Cash & investments₹636 Cr
  • Current ratio1.91×
  • Revenue growth, 5 yr5.79% a year
  • EPS growth, 5 yr−2.48% a year
  • Operating margin (TTM)4.14%
  • Net margin (TTM)4.30%

Cash flow — FY26

Operating activities
▼ −₹1,889 Cr
Investing activities
▲ ₹942 Cr
Financing activities
▼ −₹1,624 Cr
Free cash flow
▼ −₹1,950 Cr
Net change in cash
▼ −₹2,571 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue14,530.5815,403.7619,381.7120,281.5721,878.5319,923.0220,412.12
Cost of revenue13,419.1914,231.8717,905.8518,724.5020,176.2218,410.6419,189.89
Gross profit1,111.391,171.891,475.861,557.071,702.311,512.381,222.23
Operating expenses13,764.3814,546.8218,219.5219,057.4720,545.8518,828.6619,681.01
Operating income766.20856.941,162.191,224.101,332.681,094.36731.11
Depreciation20.2922.9220.9122.3220.9430.4634.15
Profit before tax954.321,206.711,429.621,719.282,030.021,650.031,181.24
Tax200.99215.14319.48377.53479.15368.51310.58
Net profit753.32991.571,110.141,341.751,550.701,281.39874.70
EPS (₹)3.614.765.326.447.446.154.19
Dividend per share (₹)1.141.581.832.132.111.721.71

Rail Vikas Nigam vs Peers

Side by side with other construction services companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Rail Vikas Nigam ₹206.00 ▼ −2.17% ₹43,160 Cr 54.77 4.50 15.56% 4.30% 0.81% This stock
DLF ₹670.70 ▼ −0.49% ₹1,66,019 Cr 39.03 3.64 7.66% 32.00% 1.20% Bullish
Lodha Developers ₹1,155.00 ▼ −0.73% ₹1,15,423 Cr 33.73 5.10 12.35% 20.57% 0.36% Bullish
Indus Towers ₹380.00 ▼ −1.43% ₹1,00,250 Cr 14.89 2.68 24.15% 21.99% — Neutral
Oberoi Realty ₹1,836.05 ▲ +0.10% ₹66,915 Cr 27.28 3.84 14.60% 41.59% 0.42% Bullish
Godrej Properties ₹1,671.20 ▼ −2.06% ₹50,341 Cr 165.98 3.31 8.31% 35.87% 0.48% Bearish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Rail Vikas Nigam shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
72.8%
24.4%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter72.84%72.84%72.84%72.84% 0.00 pts
FII4.66%4.97%4.86%2.41% ▼ −2.45 pts
MF0.15%0.13%0.18%0.36% ▲ +0.18 pts
Other22.35%22.06%22.12%24.39% ▲ +2.27 pts

Rail Vikas Nigam Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Rail Vikas NigamBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
54.77
▲ 407% above the sector average of 10.81
P/E, 12-month rangeLow 5.32 · high 83.74
63%
Today's P/E sits 63% of the way from its low to its high
P/BPrice ÷ book value per share
4.50
P/SPrice ÷ sales per share
2.12
P/CFPrice ÷ cash flow per share
46.60

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
6.18%
▼ below its 5-yr average of 7.33%
Operating marginKept after running costs
4.14%
▼ below its 5-yr average of 5.44%
Pre-tax marginKept before tax
5.91%
▼ below its 5-yr average of 7.86%
Net marginKept as profit
4.30%
▼ below its 5-yr average of 6.04%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
9.02%
▼ below its 5-yr average of 15.56%
Return on assetsProfit on everything it owns
4.13%
▼ below its 5-yr average of 6.38%
Return on investmentProfit on long-term capital
5.92%
▼ below its 5-yr average of 8.81%

Growth Is the business getting bigger?

Revenue — last 12 months
+5.4%
▲ growing
Revenue — 3 yr, a year
+0.2%
▲ growing
Revenue — 5 yr, a year
+5.8%
▲ growing
EPS — last 12 months
−24.9%
▼ shrinking
EPS — 3 yr, a year
−13.3%
▼ shrinking
EPS — 5 yr, a year
−2.5%
▼ shrinking
Dividend — 3 yr, a year
−7.1%
▼ shrinking
Book value — 5 yr, a year
+11.8%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.49×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
1.91×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
1.55×
✓ Comfortable
Interest coverOperating profit ÷ interest to pay
9.85×
✓ Strong
Payout ratioShare of profit paid as dividend
40.76%
✓ Balanced

Per share What each share stands for

EPS (TTM)
₹4.30
Book value
₹47.11
Cash flow
₹4.53
Dividend
₹1.71
Revenue
₹99.61

The share price is 4.37× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year50.49
Current Dividend Yield - Common Stock Primary Issue, LTM0.81
Price to Book - most recent fiscal year4.50
P/E Basic excluding extraordinary items - TTM54.77
P/E including extraordinary items - TTM49.19
P/E excluding extraordinary items low, trailing 12 months5.32
Price to Tangible Book - most fiscal year4.50
Dividend Yield - 5 Year Average0.99
Price to sales - most recent fiscal year2.16
Dividend Yield - indicated annual dividend divided by closing price0.81
Price to Cash Flow per share - trailing 12 month46.60
P/E Normalized, most recent fiscal year50.48
P/E excluding extraordinary items high, trailing 12 months83.74
P/E excluding extraordinary items, most recent fiscal year quarter49.19
Price to sales - trailing 12 month2.12
Net Debt, LFY41,827.70

Per share

Dividend Per Share - 5 year average1.90
Cash Flow per share - trailing 12 month4.53
Cash Flow per share - most recent fiscal year4.41
EPS including extraordinary items - trailing 12 month4.30
EPS including extraordinary items - most recent fiscal year4.19
EBITD per share - trailing 12 month4.37
Revenue/share - trailing 12 month99.61
EPS excluding extraordinary items - trailing 12 month4.30
EPS Basic excluding extraordinary items - most recent fiscal year4.20
EPS Basic excluding extraordinary items - trailing 12 month4.31
Book value per share - most recent fiscal year47.11
Dividend per share - most recent fiscal year1.71
Revenue/share - most recent fiscal year97.90
EPS Normalized - most recent fiscal year4.19
Book value (tangible) per share - most recent fiscal year47.10
Dividends per share - trailing 12 month1.71
EPS excluding extraordinary items - most recent fiscal year4.19
Cash per share - most recent fiscal year3.05

Margins

Operating margin - trailing 12 month4.14
Gross Margin - 5 year average7.33
Operating margin - 1st historical fiscal year3.58
Operating Margin - 5 year average5.44
Net Profit Margin % - 1st historical fiscal year4.27
Gross Margin - 1st historical fiscal year5.99
Net Profit Margin % - trailing 12 month4.30
Net Profit Margin - 5 year average6.04
Pretax Margin - 5 year average7.86
Pretax margin - 1st historical fiscal year5.79
Pretax margin - trailing 12 month5.91
Free Operating Cash Flow/Revenue, 5 Year Average0.34
Gross Margin - trailing 12 month6.18

Growth

EPS Change %, TTM over TTM−24.85
Revenue growth rate, 5 year5.79
EPS growth rate, 5 year−2.48
Revenue Change % - most recent quarter 1 year ago10.55
Growth rate% - dividend, 3 year−7.06
Growth rate% - EPS, 3 year−13.30
Revenue/share (5 yr growth)5.79
Tangible Book Value, Total Equity, 5 Year CAGR11.85
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR−1.14
Capital Spending growth rate, 5 year−15.67
Revenue Change %, TTM over TTM5.40
Growth rate% - Revenue, 3 year0.21
Book value per share growth rate, 5 year11.75
EPS Change % - most recent quarter 1 year ago16.92
Net Profit Margin growth rate, 5 year−7.90
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR−2.65
Total Debt, 5 Year CAGR−4.07

Financial strength

Net Interest coverage - most recent fiscal year9.85
Free Cash Flow - most recent fiscal year−25,236.80
LT debt/equity - most recent fiscal year0.44
Quick ratio - most recent fiscal year1.55
Payout ratio - trailing 12 month16.46
Current ratio - most recent fiscal year1.91
Current EV/Free Cash Flow, LFY170.00
Total debt/total equity - most recent fiscal year0.49
Net Interest coverage - trailing 12 month2.71
Payout ratio - most recent fiscal year40.76

Returns & efficiency

Return on average equity - 5 year average15.56
Net Income/employee - trailing 12 month3,58,33,600.00
Revenue/employee - most recent fiscal year88,17,33,100.00
Return on investment - most recent fiscal year5.92
Return on average assets - most recent fiscal year4.13
Receivables turnover - most recent fiscal year4.66
Inventory turnover - most recent fiscal year7.49
Revenue/employee - trailing 12 month83,29,83,200.00
Return on average assets - 5 year average6.38
Net Income/employee - most recent fiscal year3,76,09,500.00
Asset turnover - most recent fiscal year0.97
Return on average equity - most recent fiscal year9.02
Return on investment - 5 year average8.81

Price & volume

Market Cap43,139.06
52 week Low Date16 Sep 2026
Price - 1 Day % Change0.29
Relative (S&P500) price percent change - 13 week−9.19
Avg trading volume last 10 days4.72
Price - 13 week price percent change−11.74
Price - 52 week price percent change−40.78
Avg Trading Volume Last 3 months93.04
Price - 5 Day % Change7.23
Price % Change Month To Date0.84
Relative (S&P500) price percent change - 04 week−0.96
52 week High Date29 Dec 2025
Price - 26 week price percent change−21.23
PDATE23 Sep 2026
Price - YTD price percent change−40.72
Relative (S&P500) price percent change - 52 week−35.02
NPRICE211.77
Relative (S&P500) price percent change - 26 week−20.76
52 week Low195.15
52 week High400.70
Beta2.16
Relative (S&P500) price percent change - Year to Date−32.49

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹2.13
₹1.71
  • Dividend yield0.81%
  • Payout ratio40.76%
  • 5-year average dividend₹1.90 a share
  • Latest dividend₹0.71 per share · 18 Aug 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • Dividend₹0.71 per share · 7% · Final dividend
  • BoardQuarterly Results
  • BoardAudited Results & Final Dividend
  • BoardAudited Results & Final Dividend
  • Dividend₹1.00 per share · 10% · Interim dividend
  • BoardQuarterly Results
  • BoardQuarterly Results
Show 13 older events
  • MeetingAnnual General Meeting
  • Dividend₹1.72 per share · 17% · Final dividend
  • BoardQuarterly Results
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹2.11 per share · 21% · Final dividend
  • MeetingAnnual General Meeting
  • Dividend₹0.36 per share · 4% · Final dividend
  • Dividend₹1.77 per share · 18% · Interim dividend
  • Dividend₹0.25 per share · 3% · Final dividend
  • MeetingPostal Ballot
  • Dividend₹1.58 per share · 16% · Interim dividend

About Rail Vikas Nigam

Construction Services

Rail Vikas Nigam Limited (RVNL) is an India-based company, which is engaged in development of rail infrastructure. RVNL is engaged in the business of implementing various types of Rail infrastructure projects assigned by Ministry of Railway (MoR) including doubling (including 3rd/4th lines), gauge conversion, new lines, railway electrification, bridges, metro projects, workshops, and production units. It undertakes and executes the project development, financing and implementation of projects related to rail infrastructure. It works on a turnkey basis and undertakes the full cycle of project development from conceptualization to commissioning, including stages of design, preparation of estimates, calling contracts, project and contract management, among others. Its projects include Manamadurai-Rameswaram, Jakhapura- Haridaspur 3rd Line, Cuttack - Barang Doubling, Vallarpadam-Idapally, and Villipuram-Dindigul Doubling.

Key people

  • Saleem AhmadChairman of the Board, Managing Director
  • Chandan Kumar VermaChief Financial Officer, Executive Director
  • Abhishek KumarDirector - Finance , Director
  • Kalpana DubeyCompany Secretary, Compliance Officer
  • Anupam BanWhole-Time Director, Director - Personnel
  • Mritunjay Pratap Pratap SinghDirector - Operations, Director

Company facts

  • NSE symbolRVNL
  • BSE code542649
  • ISININE415G01027
  • IndustryConstruction Services
  • IndexNIFTY 500
  • Market cap₹43,160 Cr
  • Revenue (FY26)₹20,412 Cr
  • Net profit (FY26)₹875 Cr

In the News

Recent headlines about Rail Vikas Nigam — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Rail Vikas Nigam (NSE: RVNL) last traded at ₹206.00 on the NSE, down 2.17% (₹4.57) on the day, as of 24 Sep 2026, 9:59 AM. On the BSE it was ₹207.00. The day's range was ₹205.50 – ₹210.05.

Rail Vikas Nigam's 52-week high is ₹400.90 (29 Dec 2025) and its 52-week low is ₹195.20 (16 Sep 2026). At ₹206.00 the share is 48.6% below its high and 5.5% above its low.

Rail Vikas Nigam's market capitalisation is ₹43,160 Cr (₹43,160 Cr). It is part of the NIFTY 500 index.

Rail Vikas Nigam's P/E ratio (trailing 12 months) is 54.77. The sector average is 10.81, so investors pay 407% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹4.30.

Rail Vikas Nigam shares are down 40.78% over the last year, down 40.72% so far this year, down 21.23% over 6 months, down 11.74% over 3 months. Over the last year the stock did 35.02% worse than the market.

In FY26 (year to Mar 2026), Rail Vikas Nigam reported revenue of ₹20,412 Cr (up 2.45% on the year before) and a net profit of ₹875 Cr. Earnings per share were ₹4.19.

Yes. Rail Vikas Nigam's latest dividend is ₹0.71 per share (7%, final dividend), with an ex-date of 18 Aug 2026. The dividend yield is 0.81%. It has paid 8 dividends in the records shown on this page.

As of Jun 2026: Promoter 72.84%, FII 2.41%, MF 0.36%, Other 24.39%.

Rail Vikas Nigam's listed peers in Construction Services include DLF, Lodha Developers, Indus Towers, Oberoi Realty, Godrej Properties. By market capitalisation it ranks #6 of 6 in this group.

No. Rail Vikas Nigam has debt — its debt-to-equity ratio is 0.49 and total debt was ₹4,818 Cr in FY26. Its operating profit covers interest 9.85 times.