Icon times
Rail Vikas Nigam Stock Fundamental Analysis - Financial Results & Equity Research | Invest Yadnya Stock-o-Meter

Rail Vikas Nigam


error iconThis ratio is already added in the table



Performing rate for the company

Price Chart (Only Standalone)

Track the companies of Group.

Relaince Group

Sector: Refineries

Market Price


Market Cap(₹Cr.)



Quarterly Results ( Figures in Rs. Crores.)

No Data is available.

Profit & Loss ( Figures in Rs. Crores.)

No Data is available.

Balance Sheet ( Figures in Rs. Crores.)

No Data is available.

Cash Flows ( Figures in Rs. Crores.)

No Data is available.

Historical Growths

Compounded Sales Growth
Compounded Profit Growth
Compounded Expense Growth
Stock Price CAGR
Sales Growth Profit Growth Expense Growth Stock Price CAGR

Ratios ()

No Data is available.

Major Shareholders

No Data is available.

Shareholders more than 1%

No Data is available.

Fund houses invested in the stock (Figures in % Equity Capital )

No Data is available.

Corporate Action

No Data is available.
No Data is available.
No Data is available.
No Data is available.


Presentation & Earning Calls

Annual Reports

Credit Rating

No document is available
No document is available
No document is available
No document is available.


Incorporated in 2003 as PSU RAIL VIKAS NIGAM LIMITED was the conceptualization of Bharat Ratna Late Shri Atal Bihari Vajpayee, under the responsibility of Railways, Ministry of Railways, Government of India engaged with building rail framework needed by the railways. The Company was originated to embrace rail project improvement, preparation of monetary assets, and execution of rail projects relating to reinforcing of brilliant quadrilateral and port availability and raising of extra-monetary assets for project execution. Headquarters is located at NEW DELHI, INDIA.

Three mainstays of RVNL are Quality, Speed, and Transparency, and the focal point of the association is to give the Indian Railways and the country a modern framework.

The company is listed on the Bombay Stock Exchange and National Stock Exchange lists.

To bridge the infrastructure deficit on Indian Railways, the then Prime Minister, Bharat Ratna Shri Atal Bihari Vajpayee announced National Rail Vikas Yojana (NRVY) on August 15, 2002 in his address from the Red Fort. NRVY was formally launched by Hon’ble PM on December 26, 2002. To implement NRVY, Rail Vikas Nigam Ltd (RVNL) was incorporated as an 100% owned PSU of Ministry of Railways (MoR) on January 01, 2003 with the twin objectives of raising extra-budgetary resources and implementation of projects relating to creation and augmentation of capacity of rail infrastructure on fast track basis. RVNL became fully functional by March 2005.

RVNL functions as an extended arm of the Ministry of Railways working for & on behalf of MoR. It is empowered to act as an Umbrella SPV to undertake project development, resource mobilization etc. directly or by creating project specific SPVs or by any other financing structure found suitable. RVNL’s mandate includes mobilization of extra budgetary resources through a mix of equity, and debt from banks, financial institutions, multilateral agencies like Asian Development Bank and bilateral agencies for project execution through PPP by formation of project specific SPVs for Port and Hinterland connectivity. RVNL can enter into and carry on business relating to creation and augmentation of capacity of rail infrastructure on fast track.

In August 2004, it was decided that the issue of raising funds from the market to meet capital expenditure required for execution of projects by RVNL will be entrusted to IRFC. Accordingly, the focus of raising EBR for projects by RVNL has been on creation of project specific SPVs which are mentioned below.

  • RVNL has been granted Mini Ratna-I status on September 19, 2013.

  • The paid up Equity Capital of the company is Rs 2085 crore.

Business area of the company

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc. It generally works on a turnkey basis and undertake the full cycle of project development from conceptualization to commissioning including stages of design, preparation of estimates, calling and award of contracts, project and contract management, etc. and all stages of project execution upto the stage of commissioning of the new railway lines.

Awards and Recognition

  • 2012: ICI - UltraTech Endownment Award for Outstanding Concrete Structure of Kerala (Infrastructure) for ‘Rail Bridge to International Transshipment Terminal at Vallarpadam - Cochin’.

  • 2013: Awarded Miniratna Category - I status.

  • 2014: ICC-DPE PSE Excellence Award for CSR & Sustainability.

  • 2014: ICC-DPE PSE Excellence Award for Corporate Governance.

  • 2015: Governance Now PSU Award for overall financial performance in Miniratna Category.

  • 2016: Governance Now PSU Award for best overall performance in Miniratna Category.

  • 2017: Dun & Bradstreet PSU Award for best performance in the Contract & Construction Services.

  • 2018: Dun & Bradstreet PSU Award for best Miniratna in Services Category.

  • 2018: Dun & Bradstreet PSU Award for ‘Construction - Infrastructure Development (Railways).

  • 2018: Dun & Bradstreet Infra Award for ‘Construction of Venkatachalam Junction New Railway Line.

Major Events & Milestones

  • 2003: Incorporated as a public company.

  • 2003: Categorised as Schedule A company.

  • 2013: Granted Miniratna category-I status.

  • 2015: The company’s turnover crossed Rs 30,000 million.

  • 2017: The company’s turnover crossed Rs 50,000 million.

  • 2018: The company’s turnover crossed Rs 75,000 million.

  • 2019-20: The Government of India (i.e. Ministry of Railways) announced the divestment of its stake of 12.16% amounting to 25,34,57,280 equity shares of the paid-up equity share capital of the Company through Initial Public Offer (IPO).

Mergers and Acquisitions

The dream of Shri Atal Bihari Vajpayee was to connect the configuration deficiency on Indian Railways and likewise announced the National Rail Vikas Yojana on 55th independence day in his speech from the Red Fort.

The business of RAIL VIKAS NIGAM LIMITED for the economical year 2019-20 has expanded by 44%. The approved offer capital of the organization is 3000 cr. with a settled-up share capital of 2085 cr. The organization has been listed after the dispossession of its stake of 12.16% of the company through an Initial public offering. As of Dec2021, the organization has a total of 208.50 Crore shares outstanding.

 High Speed Rail Corporation of India Limited (HSRCIL) is a Special Purpose Vehicle and was incorporated in 2012 as a subsidiary of Rail Vikas Nigam Limited.


The company has an expansive range of services which they offer to the country 

  • Orchestrating monetary assets for the Projects. For this reason, the RVNL is authorized to move toward the Financial Institutions, Banks, Domestic Market, and the Bilateral and Multilateral Funding firms.
  • Making Project explicit SPVs for individual works
  • For providing an income stream, the tasks might be finished by RVNL on BOT idea, where the Ministry of Railways is to pay Access Charge/User Charge
  • Procure, buy, permit, concession, or appoint Rail foundation resources including authoritative freedoms and commitment with the endorsement of MoR at whatever point required


In 2003-Consolidated in New Delhi as a public limited organization and had received 172 projects by the Ministry of railways.

In 2005-The Company began its operation with arrangement of boards of directors.

In 2013-The Company was awarded with Miniratna status. 

As of 2018-The Company has a request book of Rs.686836.20 million which incorporates 106 ongoing projects. 

In 2019- RVNL came up with initial public opening at a face value of ₹10 per equity share and ₹17 to ₹19 per equity share and min order of 780 shares.

In 2021-Rail route Electrification of Palakkodu - Sivadi 29.97 KM and 32.66 TKM segment. And doubling the Bina-Kanjia section on Bhopal Division of West Central Railway was commissioned.

Awards and Recognitions

RAIL VIKAS NIGAM LIMITED was awarded Corporate Governance by Greentech Foundation at their Corporate Governance Summit 2021.

RVNL, normally, ranked 1st among the railroads.

PSEs for the multiple times out of the most recent 8 years. 

About Invest Yadnya

Invest Yadnya is a stock analysis website engaged in educating & making the contents based on personal investment for everyone. We have combined applied science with financial planning expertise by our wise and trusted stock advisors to assist an individual in meeting their financial objectives. We provide valuable time, money, and understanding to build India’s financial literacy with Rail vikas nigam limited fundamental analysis.

Invest Yadnya provides even-handed & transparent stock research, access to free books download pdf like mutual fund books, books about finance and income tax books. We keep on updating our investment portfolios & supply the latest information. Our main objective is to assist our clients in research on 950+ companies, Rail vikas nigam limited fundamental analysis including  share price target 2025.

You will get to know the stock market indicators, have access to books on mutual funds and finance. We also provide our clients with the Rail vikas nigam limited share price, Rvnl share price target, Rvnl share price history and Rvnl share price target 2025 to understand its financial position before making any investment decisions.

The investors can identify the core values and worth of the company through Rvnl share price NSE, Rvnl share market , share price of Rvnl ,Rvnl share price BSE,  and Rvnl news. Invest confidently and in a secure manner at Invest Yadnya. Create a free account and search for all the details, about Rvnl share including Rvnl dividend, Rvnl stock price, Rvnl dividend 2021 and their analysis of stock research, managed portfolios or scroll through our investment advisor with one of the best sites for Indian stock market analysis. 

We support our customers doing comprehensive analysis on 950+ companies, including RVNL fundamental analysis. Our website has information about 23 other Engg & Capital Goods Companies which give insight into the financials of the company. Companies include Larsen & Toubro, Siemens, Havells India, Bharat Electronics and ABB India

Brands Of Rail Vikas Nigam

Brands Of Rail Vikas Nigam



Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
Chat with InvestYadnya