📝 Rail Vikas Nigam Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Rail Vikas Nigam Limited reported revenue of ₹4,321 crore for the quarter ended June 2026 (Q1 FY27), up 10.6% from ₹3,909 crore in the same quarter last year, and down 35.5% sequentially over the March 2026 quarter.
Net profit rose 18.7% year-on-year to ₹160 crore, from ₹134 crore.
Operating profit stood at ₹185 crore — an operating margin (OPM) of 4.3%, compared with 1.4% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Rail Vikas Nigam Limited posted revenue of ₹20,412 crore, a growth of 2.5% over FY25, with a net profit of ₹871 crore (down 32.0% year-on-year).
On a trailing-twelve-month (TTM) basis, revenue stands at ₹20,825 crore with a net profit of ₹896 crore.
Valuation snapshot
At the current price of ₹199.45, RVNL has a market capitalisation of ₹41,586 crore and a trailing P/E of about 46.4.
Within the Engineering & Construction industry, it is the 2nd-largest of the 12 companies we track by market value.
Shareholding pattern
As of Jun 2026, promoters held 72.84%, foreign institutional investors (FIIs) 2.41%, domestic institutional investors (DIIs) 6.60%, the government 0.01%, public shareholders 18.14% of Rail Vikas Nigam Limited.