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Kolkata: Not many companies in India can boast of an order book size of Rs 90,000 crore and rising. PSU company Rail Vikas Nigam Limited, or RVNL is one of them. Over and above this mammoth order book, RVNL has won a has received a large order from Southern Railway. This will further strengthen the company's order book and contribute to its rapid growth. Let's have a look at the details of the project RVNL won.
RVNL management communicated to the stock exchanges that it has won a contract from Southern Railway that is worth about Rs 145.35 crore. It will help Spouthern Railway to achieve he Mission 3000 MT loading target. The project has entrusted RVNL to design, supply, installation, testing and commissioning of traction substations. It includes power quality compensation equipment, switching posts, 2×25 kV AT feeding system and automatic fault locator. The project has to be completed in 540 days and the location of the project is Jolarpettai Junction to Salem Junction (JTJ-SA) section of Andhrap Radesh.
Around 12:30 pm on Friday, Dec 5, the Rail Vikas Nigam Ltd stock was trading at Rs 309.30, down Rs 3.10 or 0.99%. Its shares have fallen about 28% in six months. However, it has performed better in the long term. It has delivered multi-bagger returns of 311% in three years and 1,186% in five years. The Centre's stake in the company is 72.84% (Sept 2025) and LIC's stake is 6.12%.
RVNL's net sales fell 4% to reach Rs 3,909 crore in Q1FY26, while its PAT declined 40% to touch Rs 134 crore. In F25, net sales fell 9% to Rs 19,923 crore but PAT surged 19% to reach Rs 1,282 crore. RVNL's market cap is about Rs 64,990 crore.
RVNL was set up by the Government of India in 2003 with a view to improving railway infrastructure. Over the past five years, the company has achieved impressive profit growth of 21% CAGR. It also recorded a dividend payout of 33.4%. By September 2025, the company's order book swelled to Rs 90,000 crore that comprises work for the Railways, metro and a few overseas projects. Therefore, one should keep RVNL stock under watch.
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