$RVNL Rail Vikas Nigam Ltd (RVNL) announced a strong set of numbers for Q4 FY26

Rail Vikas Nigam Ltd (RVNL) announced a strong set of numbers for Q4 FY26, continuing its momentum in infrastructure execution. 🚆 RVNL Q4 FY26 Results Highlights Metric Q4 FY26 YoY Change Revenue ₹6,982 crore +18 % EBITDA ₹1,012 crore +22 % EBITDA Margin 14.5 % vs  14.0 % last year Net Profit ₹478 crore +19 % EPS ₹2.28 vs  ₹1.92 last year Order Book ₹65,000 crore + Record high with new Metro and Rail projects 📈 FY26 Full‑Year Performance Revenue: ₹24,800 crore (+21 % YoY) PAT: ₹1,720 crore (+17 % YoY) Dividend: ₹2.10 per share recommended Capex: ₹1,200 crore for new project mobilization Debt‑to‑Equity: 0.58× (comfortable leverage position) 🔑 Key Insights Strong execution in Metro Rail, Electrification, and Signaling projects. Order inflows from Maharashtra Metro, Southern Railways, and DFCCIL boosted visibility. JV projects with RITES and IRCON expected to add ₹8,000 crore in FY27. Margins improved due to better project mix and cost control.