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Rail Vikas

Q1 FY27

Rail Vikas Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹199
Market cap₹41.6K Cr
P/E46.2
Updated16 Oct 2026
Read4 min read

Rail Vikas Q1 FY27 key numbers

Revenue
Targeting about INR 20,000-25,000 crore in new work orders for FY27, with INR 5,500 crore already received in Q1.

As stated in Rail Vikas's Q1 FY27 earnings call transcript · published 25 Aug 2026. Reported figures, not investment advice.

The short version

Future growth expectations for Rail Vikas Nigam Limited (RVNL) as per Q1 FY2026-27 conference call: - Targeting about INR 20,000-25,000 crore in new work orders for FY27, with INR 5,500 crore already received in Q1. RVNL expects a top-line revenue growth of around 15% in FY27.

From Rail Vikas's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Moderate growth
Future growth expectations for Rail Vikas Nigam Limited (RVNL) as per Q1 FY2026-27 conference call: - Targeting about INR 20,000-25,000 crore in new work orders for FY27, with INR 5,500 crore already received in Q1. - Top line (revenue) expected to grow around 15% in FY27. - Bottom line (profit) projected to increase approximately 15-20% in FY27, supported by steady execution and margin improvements. - Order book of INR 93,492 crore provides strong multi-year revenue visibility. - Order book mix expected to evolve to roughly 50% railway management works and 50% bidding works within 2-3 years.

2 more points from Rail Vikas's call on revenue

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Profitability & Margins

See what Rail Vikas said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • BharatNet project:
  • Infrastructure implementation over 3 years, with ongoing duct and fiber work expected to extend by 6-8 months.
  • Followed by 10 years of maintenance for completed infrastructure.
  • Vande Bharat Sleeper Train:
  • INR 14,400 crore project with delivery of 120 train sets starting December 2026.
  • Maintenance contract for 35 years post-delivery providing long-term revenue.
  • First prototype set to launch in December 2026.
  • Rishikesh-Karnaprayag Rail Project:
  • INR 37,000 crore project, currently 78% overall progress (97% tunnel excavation done).
  • Target completion by December 2029.
  • Continued focus on project execution and operational efficiency to support future capex needs.

2 more points from Rail Vikas's call on capex

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Fundraising & Capital Structure

See what Rail Vikas said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • As of June 30, 2026, RVNL's total order book stood at INR 93,492 crore.
  • Order book composition: INR 58,000 crore from railways, INR 12,000 crore from S&P, INR 3,651 crore from ports, roads, and highways, INR 5,700 crore from metros, INR 4,000 crore from power and transmission, and INR 1,626 crore from hydro and irrigation projects.
  • Approximately INR 40,000 crore of the order book is currently mobilized and under active execution.
  • The company targets additional work orders of around INR 20,000-25,000 crore in FY2026-27, with about INR 5,500 crore already received in Q1.

2 more points from Rail Vikas's call on order book

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What the Q1 FY27 call signalled

2 of 5 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseNo fundraise planned
Order bookOrder book rising

Rail Vikas — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹6.7K Cr, net profit ₹182 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Rail Vikas Q1 FY27 results?

Future growth expectations for Rail Vikas Nigam Limited (RVNL) as per Q1 FY2026-27 conference call: - Targeting about INR 20,000-25,000 crore in new work orders for FY27, with INR 5,500 crore already received in Q1. RVNL expects a top-line revenue growth of around 15% in FY27.

What is Rail Vikas share price analysis?

Rail Vikas currently shows a below-average growth signal. The stock trades at a P/E of 46.2 with a market cap of ₹41,586 Cr. Investors should review the full earnings analysis for detailed insights.

Is Rail Vikas planning capital expenditure?

BharatNet project: - Infrastructure implementation over 3 years, with ongoing duct and fiber work expected to extend by 6-8 months.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.