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15th Jul 2025 · SEBI-Registered Analyst

Rail Vikas Nigam Limited (RVNL) Latest Updates

RVNL
Recently, RVNL secured a substantial ₹447.42 crore contract from Delhi Metro Rail Corporation (DMRC) for the design and construction of a 7.298-kilometer viaduct with seven metro station platforms, to be completed in 36 months. This adds to a ₹213.22 crore order from South Central Railway for upgrading existing 1x25kV overhead equipment to a 2x25kV feeding system, vital for railway modernization, and a ₹143.87 crore electrification contract from Southern Railway. Earlier this year, in March 2025, RVNL also diversified its portfolio by winning a ₹554.64 crore NHAI project for road construction in Andhra Pradesh. RVNL's order book remains robust, currently standing at an impressive ₹97,000-₹98,000 crore, indicating strong revenue visibility for the coming years. Approximately half of this order book is from traditional railway projects, with the remainder from increasingly diversified sectors like metro and road infrastructure. The company anticipates a 20% increase in order inflows during the current fiscal year and has set a revenue target of ₹20,000 crore to ₹22,000 crore for FY26. Despite a dip in Q4 FY25 profits, RVNL is actively pursuing new opportunities, including a potential 300 MW hybrid renewable energy project with the Ministry of Railways and exploring international ventures in countries like Peru and Turkey.

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