Rail Vikas Nigam Ltd RVNL
Flagship railway-project EPC PSU - new lines, doubling, electrification, metro/bridge works
Mapped in 1 theme: Railways / Vande Bharat & Metro Rolling Stock.
Where Rail Vikas Nigam Ltd sits in the supply chain
Rail Vikas Nigam Ltd appears in 1 supply-chain layer in one theme, Railways / Vande Bharat & Metro Rolling Stock.
Railways / Vande Bharat & Metro Rolling Stock › Railway EPC, Track & Electrification Contractors
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 21,879 | 19,923 | 20,412 |
| Net profit | 1,551 | 1,278 | 871 |
Latest-year revenue ₹20,412 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Flagship Navratna PSU under the Ministry of Railways with near-guaranteed access to India's largest railway EPC tenders and an execution track record competitors struggle to match
Risks
- Government PSU ownership can constrain strategic and pricing flexibility
- Revenue depends almost entirely on Indian Railways' own capex and tendering pace
Common questions
What does Rail Vikas Nigam Ltd do?
Flagship railway-project EPC PSU - new lines, doubling, electrification, metro/bridge works.
Where does Rail Vikas Nigam Ltd sit in the supply chain?
Rail Vikas Nigam Ltd (NSE: RVNL) is mapped in 1 supply-chain layer: Railway EPC, Track & Electrification Contractors (Railways / Vande Bharat & Metro Rolling Stock).
Who are Rail Vikas Nigam Ltd's peers?
In the Railway EPC, Track & Electrification Contractors layer of Railways / Vande Bharat & Metro Rolling Stock: Ircon International Ltd, Kalpataru Projects International Ltd, KEC International Ltd, Salasar Techno Engineering, Afcons Infrastructure, Cemindia Projects (fka ITD Cementation India) and 1 more.
What is Rail Vikas Nigam Ltd's market cap and valuation?
As of 30 Oct 2026: market cap ₹37,441 Cr, P/E 41.6x, ROCE 10.8%, ROE 9.0%, dividend yield 0.95%.