Rail Vikas Nigam

NSE: RVNL · Railways · PSU

₹350.24

▲ +0.07%

HOLD

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

Railway infrastructure execution PSU.

Market cap

₹28,22,041 Cr

Industry / Sector

Railways

Segments

Website

Visit ↗

Rail ProjectsMetroHighways

B. Fundamental analysis (illustrative)

Revenue growth

+4.60%

Net profit growth

-3.81%

Operating margin

10.53%

EBITDA margin

12.96%

ROE

10.92%

ROCE

9.55%

Debt / Equity

1.58

EPS

₹36.56

Operating cash flow

₹59,177 Cr

Working capital

₹58,657 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	4,79,334	4,96,082	5,65,124	6,28,028	7,33,211
EBITDA	63,600	54,431	65,791	64,883	95,054
Net profit	39,750	34,019	41,119	40,552	59,409
EPS (₹)	25.59	28.52	31.44	34.37	37.29

D. Valuation analysis

P/E

9.58

P/B

10.68

EV/EBITDA

5.97

Price/Sales

6.03

EPS

₹36.56

Dividend yield

5.77%

Peer comparison — Railways

Company	CMP	P/E	P/B	ROE	D/E
Rail Vikas Nigam	350.24	9.58	10.68	10.92%	1.58
IRCTC	738.68	8.99	7.11	15.6%	0.86

E. Technical analysis

RSI (14)

61.21

MACD

-1.28

Support

₹332.73

Resistance

₹371.25

Volume

1,97,87,496

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹366.99

38.2% · ₹362.60

50.0% · ₹359.05

61.8% · ₹355.50

F. Shareholding pattern

Promoter (Government)72.84%

FII8.22%

DII7.68%

of which Mutual Funds3.79%

Public11.26%

G. SWOT analysis

Strengths

Established position in Railways
ROE of 10.92% in demo data

Weaknesses

Elevated leverage
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Rail Projects

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Moderate leverage to monitor

Business quality

Average capital efficiency

Valuation

Reasonable valuation

Growth

Sales growth of 4.6%

Risk assessment

Medium risk

Overall

Illustrative HOLD opinion · target ₹362.07 · stop loss ₹305.53

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	16.17
FY23	17.38
FY24	18.59
FY25	19.8
FY26	21.02

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement