Rail Vikas Nigam share price
NSE: RVNLBSE: 542649ConstructionMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹187.18.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹37,803 Cr177th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Aug 2026
- 42.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 25 May 2026
- 3.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.94%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 9.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- 5.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 25 May 2026
- 0.49
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 44,72,13631.8% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 11 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹4,321 Crdown 35.46%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹160 Crdown 12.19%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 3.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 7 Nov | Dec 2024Filed 14 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 11 Nov | Dec 2025Filed 5 Feb | Mar 2026Filed 25 May | Jun 2026Filed 11 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,855 | 4,567 | 6,427 | 3,909 | 5,123 | 4,684 | 6,696 | 4,321 |
| Net profit | 287 | 312 | 459 | 134 | 231 | 324 | 182 | 160 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 5.9% | 6.8% | 7.1% | 3.4% | 4.5% | 6.9% | 2.7% | 3.7% |
Business segments
In the year to Mar 2026 the company reports one business segment, Development of Rail Infrastructure, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 51% of 1,240 trading days over the last 5 years.
At or below today's level on 57% of 1,831 trading days since Jun 2019.
At or below today's level on 50% of 1,240 trading days over the last 5 years.
At or below today's level on 53% of 1,829 trading days since Jun 2019.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −28.4% | −31.7% | +3.9% | 0.7% |
| 3 years | +54.5% | −14.9% | +80.7% | 0.7% |
| 5 years | +55.8% | −1.0% | +55.3% | 2.1% |
Mutual funds holding it
86 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 78 of the 79 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 38
- CutCut. Funds that held fewer shares than at the end of the month before.
- 41
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 3
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 11
| Fund | |||
|---|---|---|---|
 Groww Nifty India Railways PSU ETFGroww Mutual Fund | 11,76,339 | 13.88% | ₹23.7 Cr |
 SBI Arbitrage FundSBI Mutual Fund | 8,54,700 | 0.04% | ₹17.2 Cr |
 Edelweiss Arbitrage FundEdelweiss Mutual Fund | 6,41,025 | 0.09% | ₹12.9 Cr |
 Motilal Oswal Nifty Midcap 150 Index FundMotilal Oswal Mutual Fund | 5,58,881 | 0.28% | ₹11.3 Cr |
 Nippon India ETF Nifty Midcap 150Nippon India Mutual Fund | 5,36,673 | 0.28% | ₹10.8 Cr |
| Groww Nifty India Railways PSU Index FundGroww Mutual Fund | 4,28,403 | 13.92% | ₹8.64 Cr |
| Nippon India Nifty Midcap 150 Index FundNippon India Mutual Fund | 3,75,917 | 0.28% | ₹7.58 Cr |
 Invesco India Arbitrage FundInvesco Mutual Fund | 3,21,475 | 0.02% | ₹6.49 Cr |
 Mirae Asset Nifty Midcap 150 ETFMirae Asset Mutual Fund | 2,54,156 | 0.28% | ₹5.13 Cr |
 ICICI Prudential Nifty Midcap 150 Index FundICICI Prudential Mutual Fund | 1,75,248 | 0.28% | ₹3.54 Cr |
Peers and competitors
Civil Construction, 169 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Rail Vikas Nigam in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Larsen & ToubroLT | 5,01,789 | 30.2 | 4.6 | 20.8 | +9.8% | +4.5% | 16.0% | 9.8% | 1.04% |
 Kalpataru Projects InternationalKPIL | 22,057 | 19.4 | 2.8 | 10.3 | +14.6% | +60.9% | 15.9% | 15.9% | 0.85% |
 IRB Infrastructure DevelopersIRB | 19,615 | 20.6 | – | – | −2.2% | −85.4% | 4.7% | 7.3% | 1.05% |
 NBCC (India)NBCC | 18,333 | 24.7 | 6.1 | 18.0 | +3.5% | +30.6% | 27.0% | 20.0% | 1.38% |
 Engineers IndiaENGINERSIN | 13,630 | 17.4 | 4.3 | 16.3 | +16.3% | +41.6% | 27.0% | 22.5% | 2.06% |
 Techno Electric & Engineering CompanyTECHNOE | 9,590 | 22.2 | 2.3 | 20.3 | +38.7% | −6.5% | 10.9% | 10.6% | 0.85% |
 Ircon InternationalIRCON | 9,181 | 17.5 | 1.4 | 13.0 | −9.9% | −21.6% | 8.1% | 4.9% | 1.95% |
 RITESRITES | 9,103 | 21.8 | 3.4 | 11.1 | +10.6% | +7.9% | 15.7% | 17.4% | 4.25% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 18 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.71 |
| 11 Feb 2026 | Interim | ₹1.00 |
| 21 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.72 |
| 23 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.11 |
| 20 Sep 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.36 |
| 6 Apr 2023 | Interim | ₹1.77 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
19 Oct · Management
Rail Vikas Nigam share price by year
Each calendar year to 2025.Rail Vikas Nigam share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 357.25 | −15.5% | 476.30 | 302.60 |
| 2024 | 422.70 | +132.8% | 630.00 | 180.80 |
| 2023 | 181.55 | +166.0% | 189.50 | 57.45 |
| 2022 | 68.25 | +96.4% | 80.10 | 29.20 |
| 2021 | 34.75 | +44.8% | 43.05 | 23.90 |
| 2020 | 24.00 | +4.6% | 28.90 | 11.00 |
| 2019 | 22.95 | – | 29.00 | 19.05 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 187.18 | 187.90 | 179.49 | 181.31 | 182.01 | 44,72,136 | 31.8% |
| 22 Oct 2026 | 187.53 | 188.87 | 184.61 | 187.18 | 186.62 | 31,66,810 | 27.7% |
| 21 Oct 2026 | 194.50 | 195.48 | 186.80 | 188.41 | 189.88 | 34,17,205 | 34.0% |
| 19 Oct 2026 | 200.21 | 200.95 | 194.01 | 194.50 | 196.73 | 19,70,644 | 30.8% |
| 16 Oct 2026 | 196.74 | 201.99 | 194.77 | 199.45 | 199.51 | 41,54,372 | 22.3% |
| 15 Oct 2026 | 196.00 | 197.94 | 195.22 | 196.74 | 196.75 | 21,03,463 | 34.4% |
| 14 Oct 2026 | 197.30 | 199.30 | 195.02 | 196.88 | 197.39 | 24,69,049 | 30.1% |
| 13 Oct 2026 | 193.24 | 197.50 | 191.74 | 197.30 | 194.95 | 34,54,585 | 31.7% |
| 12 Oct 2026 | 191.00 | 195.97 | 191.00 | 192.74 | 194.13 | 36,33,357 | 26.0% |
| 9 Oct 2026 | 188.25 | 191.84 | 187.60 | 190.65 | 190.05 | 39,74,632 | 30.7% |
About Rail Vikas Nigam
Rail Vikas Nigam Limited is an Indian public sector infrastructure company based in New Delhi. It was incorporated in 2003 as the executing arm of the Ministry of Railways, and it commenced operations in 2005. It works on a turnkey basis, which means it handles the full cycle of a project from conceptualisation to commissioning. Its stated objective is to undertake the development, financing and implementation of projects relating to infrastructure of all kinds.
Its work now covers railways, ports, roads and highways, power and transmission, signalling and telecommunications, metros, and hydro and irrigation. It has laid 17,171 km of railway track. Through a joint venture, Kinet Railway Solutions, it is manufacturing 120 Vande Bharat Sleeper train sets at the Marathwada Rail Coach Factory in Latur. It is also executing the Middle Mile Network of BharatNet for BSNL across UP East and UP West, a project to lay optical fibre cable.
In India, the company runs 27 Project Implementation Units, which execute projects across all Zonal Railways and 16 Indian states. Outside India, it has wholly owned subsidiaries in the UAE, Uzbekistan, Saudi Arabia, Oman and South Africa. It has also carried out solar installations in Uzbekistan and Saudi Arabia.
The company is a public sector undertaking and has set up wholly owned subsidiaries in India as well, among them Road Vikas Limited.
- Legal name
- Rail Vikas Nigam Limited
- NSE symbol
- RVNL
- BSE code
- 542649
- ISIN
- INE415G01027
- Industry
- Construction
- Listed
- Apr 2019
- Face value
- ₹10
- CIN
- L74999DL2003GOI118633
- Corporate identity number, the registrar of companies' code for it