Skip to content

    Rail Vikas

    PSU that executes Indian Railways projects: new lines, doubling, electrification, metros, workshops, turnkey.

    Construction
    Industrials
    View RVNL earnings calls
    ₹243.99
    -10.20% from avg

    Overview

    Price

    ₹243.99

    Market Cap

    ₹46.7k Cr

    Sector

    Construction

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2.1k2.1k2.1k2.1k2.1k2.1k2.1k2.1k
    Reserves3.0k3.6k4.2k5.2k6.6k7.5k7.5k7.7k
    Borrowings4.3k5.9k6.6k6.4k6.0k5.4k5.0k4.8k
    Other Liabilities3.0k2.7k7.1k4.7k4.8k5.5k5.2k7.1k
    Total Liabilities12.4k14.2k20.1k18.3k19.6k20.5k19.8k21.7k
    AssetsFixed Assets3052923803553671.0k1.0k1.0k
    CWIP25531194050
    Investments1.6k1.7k1.8k1.9k2.4k2.6k2.6k2.6k
    Other Assets10.5k12.1k17.9k16.1k16.7k16.9k16.1k18.0k
    Total Assets12.4k14.2k20.1k18.3k19.6k20.5k19.8k21.7k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-695-9624194.8k-4.1k3.0k1.9k-1.9k
    Cash from Investing320124312-1.4k1.4k-1.4k1.6k942
    Cash from Financing319827416-189-1.0k-1.3k-1.5k-1.6k
    SummaryCapital Expenditure
    Free Cash Flow-721-9832774.7k-4.1k2.6k1.4k-2.0k
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    RVNL · CAPITAL_INTENSIVE

    Learn to analyse Rail Vikas

    Guides on how to read this kind of business and the numbers that matter.