Rail Vikas Nigam Ltd (RVNL) — shareholding pattern, promoter holding, financials and share price
About Rail Vikas Nigam Ltd (RVNL)
Rail Vikas Nigam Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as RVNL and on the BSE under scrip code 542649. Its ISIN is INE415G01027.
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]
Rail Vikas Nigam Limited (RVNL) is primarily engaged in railway infrastructure development, encompassing new lines, doubling, gauge conversions, and electrification across India.
RVNL boasts a robust order book of INR 87,000 crores, including substantial railway nomination works and competitive bidding projects, ensuring strong future revenue streams.
Listed peers in Civil Construction: NBCC (India) Ltd, Cemindia Projects Ltd, IRB Infrastructure Trust, IRB Infrastructure Developers Ltd, Kalpataru Projects International Ltd, Central Mine Planning & Design Institute Ltd.
Valuation & Returns
10 Jul 2026At ₹232.8 a share on 10 Jul 2026, Rail Vikas Nigam Ltd (RVNL) was valued at a price-to-earnings ratio of 55.75x against an industry P/E of 25.97x and a price-to-book of 5.07x on a book value of ₹45.9 per share as of Mar 2025. Solomo computes return on equity of 9.1% and return on capital employed of 10.62% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 55.75x
- Industry P/E
- 25.97x
- P/B
- 5.07x
- EPS (TTM)
- ₹4.18
- Book value / share
- ₹45.9
- ROE
- 9.1%
- ROCE
- 10.62%
- ROA
- 4.25%
- Debt / equity
- 0.57x
- Dividend yield
- 1.17%
- EBITDA margin
- 7.98%
- 52-week range
- ₹221.75 – ₹400.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Rail Vikas Nigam Ltd (RVNL) reported revenue of ₹20,412 crore, net profit of ₹871 crore and earnings per share of ₹4.2. That compares with revenue of ₹19,923 crore and net profit of ₹1,282 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹6,696 crore and net profit ₹182 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 19,382 | 20,282 | 21,879 | 19,923 | 20,412 |
| Net profit (₹ cr) | 1,110 | 1,342 | 1,551 | 1,282 | 871 |
| EPS (₹) | 5.32 | 6.44 | 7.44 | 6.15 | 4.2 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 17.82% | 6.46% | 0.83% | -8.94% |
| Profit growth | 16.36% | 8.52% | 3.01% | -17.37% |
| Stock price CAGR | - | 48% | 24% | -41% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 72.84% of Rail Vikas Nigam Ltd (RVNL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.41% and domestic institutional investors (DII) hold 6.6%. Market capitalisation was ₹48,539 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2019.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 6.12%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 72.84% | - | 2.41% | 6.6% | 27.16% |
| Mar 2026 | 72.84% | - | 4.86% | 6.42% | 27.16% |
| Dec 2025 | 72.84% | - | 4.98% | 6.38% | 27.16% |
| Sep 2025 | 72.84% | - | 4.66% | 6.4% | 27.16% |
| Jun 2025 | 72.84% | - | 4.89% | 6.38% | 27.16% |
| Mar 2025 | 72.84% | - | 5.07% | 6.21% | 27.16% |
| Dec 2024 | 72.84% | - | 5.1% | 6.16% | 27.16% |
| Sep 2024 | 72.84% | - | 5.05% | 6.33% | 27.16% |