R

Rail Vikas Nigam Limited

RVNLNSE
Market snapshot · 2026-08-11 05:02 UTC

230.51

₹-0.17 (-0.07%)

MARKET CAP

₹48.06K Cr

STOCK P/E

55.5x

52W HIGH

₹400.70

52W LOW

₹220.16

BOOK VALUE

₹47.25

EPS

₹4.15

ROE

8.98%

SECTOR

Financials

DEBT/EQUITY

49.08

VOLUME

10.52L

P/B RATIO

4.88x

PEG RATIO

-0.94

Sector

Financials

Themes

Specialized FinancePsuNavratnaMiniratna
D
Dividend
₹386.74₹346.19₹305.64₹265.08₹224.53VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for RVNL.

1.00 analysts

Price Forecast

Current
₹230.40
High Target
₹165.00
▼ -28.4%
Median Target
₹165.00
▼ -28.4%
Low Target
₹165.00
▼ -28.4%
Now₹230.40High ₹165.00Median ₹165.00Low ₹165.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹167.02 - ₹258.2480%
6M₹137.56 - ₹254.7780%
12M₹98.37 - ₹235.1880%
Realized vol: +34.0% · Drift: -35.7%

Revenue Forecast

₹ Cr
Dec '25Current₹450.0
Sep 2026 ETrend estimate range
High₹3,730.9Base₹3,454.5Low₹3,178.1
Mar '25: ₹6,345.0 · Jun '25: ₹3,925.0 · Sep '25: ₹4,935.0 · Dec '25: ₹450.0 · Sep '26: ₹3,454.5 · Dec '26: ₹315.0
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E6,345.03,925.04,935.0450.03,454.5315.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹1.27
Sep 2026 ETrend estimate range
High₹0.75Base₹0.67Low₹0.59
Mar '25: ₹1.79 · Jun '25: ₹0.61 · Sep '25: ₹0.94 · Dec '25: ₹1.27 · Sep '26: ₹0.67 · Dec '26: ₹0.90
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E1.790.610.941.270.670.90
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
51%
Analyst Consensus
Weakening

From 1 analysts

Mean upside-28.4%

Fundamentals

Weakening

Fundamentals institutional score is 23 using EVA spread proxy -3.0%; growth durability 11.7.

Valuation

Attractive relative to peers

Valuation institutional score is 81 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 3 using mean target upside -28.4%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 67 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. valuation and technical structure provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus WeakeningTechnical Structure Mixed MomentumMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price165 target
Mean Upside-28.4%
Technical Score67%
Fundamental Score23%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 28.6% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.87). Confidence: 66%.

Live forward EPS implies next-12-month EPS of ₹5.50. Applying the stock's normalized valuation corridor produces a fair range of ₹329.89 to ₹516.29, with base value near ₹427.96 (+85.7% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹5.50

Forward P/E

41.9x

Base Fair Value

₹427.96

Fair Range

₹329.89 - ₹516.29

Upside To Base

+85.7%

Estimate Source

Live forward EPS

Growth Estimate

-58.8%

P/E
Strongly Undervalued

5Y Average

53.67

Current

55.52

Overvalued

93.87

Undervalued

59.98

EV/EBITDA
Fair

5Y Average

65.60

Current

67.86

Overvalued

101.03

Undervalued

18.58

P/B
Strongly Undervalued

5Y Average

6.73

Current

4.88

Overvalued

7.52

Undervalued

5.45

Peers & Comparison

Sector: Financials · Theme: Specialized Finance

Specialized Finance Business Peers8 peers
Avg P/E: 33.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
INDIAN RENEWABLE ENERGY
IREDASpecialized Finance
+23.7%46.0%
17.0x
Undervalued
-49% vs avg
-17.2%
AUTHUM INVEST & INFRA LTD
AIILSpecialized Finance
+14.1%82.1%
30.6x
Fair
-8% vs avg
+3.7%
IFCI LTD
IFCISpecialized Finance
0.0%
107.1x
Premium
+223% vs avg
+44.0%
HSG & URBAN DEV CORPN LTD
HUDCOSpecialized Finance
+9.8%90.7%
9.5x
Undervalued
-71% vs avg
-5.2%
REC LIMITED
RECLTDSpecialized Finance
+25.2%68.9%
6.0x
Undervalued
-82% vs avg
-10.8%
POWER FIN CORP LTD.
PFCSpecialized Finance
+0.8%54.5%
5.3x
Undervalued
-84% vs avg
-7.3%
JIO FIN SERVICES LTD
JIOFINConsumer Finance
+208.2%55.0%
79.9x
Premium
+141% vs avg
-22.3%
MUTHOOT FINANCE LIMITED
MUTHOOTFINConsumer Finance
+35.3%55.5%
10.2x
Undervalued
-69% vs avg
+14.7%
Specialized Finance Theme Peers8 peers
Avg P/E: 27.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
INDIAN RENEWABLE ENERGY
IREDASpecialized Finance
+23.7%46.0%
17.0x
Undervalued
-38% vs avg
-17.2%
AUTHUM INVEST & INFRA LTD
AIILSpecialized Finance
+14.1%82.1%
30.6x
Fair
+12% vs avg
+3.7%
IFCI LTD
IFCISpecialized Finance
0.0%
107.1x
Premium
+294% vs avg
+44.0%
HSG & URBAN DEV CORPN LTD
HUDCOSpecialized Finance
+9.8%90.7%
9.5x
Undervalued
-65% vs avg
-5.2%
REC LIMITED
RECLTDSpecialized Finance
+25.2%68.9%
6.0x
Undervalued
-78% vs avg
-10.8%
POWER FIN CORP LTD.
PFCSpecialized Finance
+0.8%54.5%
5.3x
Undervalued
-81% vs avg
-7.3%
SAGILITY LIMITED
SAGILITYSpecialized Finance
+27.6%13.0%
20.6x
Undervalued
-24% vs avg
-1.4%
SBFC FINANCE LIMITED
SBFCSpecialized Finance
+24.6%44.9%
21.6x
Undervalued
-21% vs avg
-7.9%
WHY THESE PEERS

RAIL VIKAS NIGAM LIMITED trades at a premium (55.6x vs peer avg 33.2x), implying higher growth or quality expectations from the Specialized Finance cohort. Peers include INDIAN RENEWABLE ENERGY, AUTHUM INVEST & INFRA LTD, IFCI LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹450 CrDec 2025

Latest net profit

₹26 CrDec 2025

Latest EPS

₹1.27Dec 2025

Net margin

4.9%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%2.0%4.0%6.0%8.0%0.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr₹0₹0₹1₹1₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-7.00K Cr-3.50K Cr0.00 Cr3.50K Cr7.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales5,7215,4464,9104,6766,7014,0644,8694,5916,3453,9254,935450
Expenses5,3495,0994,6134,4306,2463,8884,5974,3285,9553,8464,723427
Operating Profit36734229124145116926525638170.0520222.12
OPM %6.41%6.28%5.92%5.16%6.73%4.16%5.45%5.57%6%1.78%4.1%4.91%
Other Income26128029632627926228028419320120323.45
Interest14614613313915113714114511710899.6210.36
Depreciation5.825.486.194.84.346.877.387.388.968.828.890.89
Profit before tax48247745542957929440539545716330635.21
Tax %29.17%30%18.6%25.25%25.2%25.9%25.22%25.22%18.34%21.66%35.87%27.21%
Net Profit34133437032143321830329537312819625.63
EPS in Rs1.661.601.771.562.081.041.451.411.790.610.941.27

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
FII5.07%4.89%4.66%4.97%4.86%
DII6.22%6.39%6.40%6.38%6.43%
Government72.85%72.85%72.85%72.85%72.85%
Public14.94%14.95%15.13%14.70%14.74%
Others0.92%0.92%0.96%1.10%1.12%
Mar 2026
FII
DII
Government
Public
Others

Events Timeline

Concall Transcript - FY2027

Jun 02, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 26, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 19, 2026PDFKnowledge Base Open

Credit rating by CARE

Mar 09, 2026PDFKnowledge Base Open

Transcript for earnings call Feb 2026

Feb 01, 2026PDFKnowledge Base Open