RVNL Secures ₹221 Crore Railway Signalling Project, Strengthening Infrastructure Order Book

Rail Vikas Nigam Ltd ( $RVNL) has secured a new Engineering, Procurement and Construction (EPC) contract worth ₹221.33 crore from South East Central Railway for railway signalling infrastructure upgrades across 15 stations in the Bilaspur division of Chhattisgarh. The project includes replacing existing panel interlocking systems with modern electronic interlocking technology, installation of indoor and outdoor signalling equipment, OFC huts, construction and electrification of signalling and telecommunication service buildings, and cabling works in adjoining railway sections. The contract is scheduled to be completed within 730 days and reflects continued investment in railway safety and operational efficiency. On the financial front, RVNL reported a consolidated net profit of ₹187.1 crore in Q4 FY26, down 58.9% from ₹455.4 crore in the same quarter last year. However, revenue increased 4.2% to ₹6,696 crore from ₹6,427.1 crore. EBITDA declined 38.4% to ₹268.5 crore from ₹436.1 crore, while EBITDA margin contracted to 4% from 6.8%, a decline of nearly 300 basis points. Earlier, the company also emerged as the lowest bidder (L1) for a ₹129.46 crore North Eastern Railway project involving the design, supply, erection, testing and commissioning of traction substations and associated infrastructure for a 2x25 KV AT traction feeding system in the Varanasi–Prayagraj section. These developments highlight RVNL’s continued participation in railway modernisation and capacity enhancement projects across India. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.