Rail Vikas Nigam shares decline 2.06% in today's trading

Shares of Rail Vikas Nigam experienced a decline of 2.06% in today's session, with the price falling to Rs 392.40. This movement reflects a shift in investor sentiment during the current trading period. The stock's performance is closely watched, given its inclusion in key market indices.

Rail Vikas Nigam is a constituent of both the NIFTY MIDCAP 150 and the Nifty LargeMidcap 250 indices. These indices serve as benchmarks for investors focusing on companies of varied sizes within the Indian equity market.

Financial Overview

An analysis of Rail Vikas Nigam's consolidated financial data reveals trends in revenue, profitability, and key financial ratios. The following sections provide a detailed look at the company's financial performance over the past several quarters and years.

Quarterly Performance Analysis

Rail Vikas Nigam's quarterly performance indicates fluctuations in financial metrics. Revenue, net profit, and earnings per share (EPS) have varied over the recent five quarters. Here’s a summary:

• March 2024: Revenue was Rs 6,714.01 Crores, Net Profit was Rs 435.34 Crores, and EPS was Rs 2.29.
• June 2024: Revenue decreased to Rs 4,073.80 Crores, Net Profit fell to Rs 222.56 Crores, and EPS was Rs 1.07.
• September 2024: Revenue increased to Rs 4,854.95 Crores, Net Profit rose to Rs 302.14 Crores, and EPS was Rs 1.38.
• December 2024: Revenue slightly decreased to Rs 4,567.38 Crores, Net Profit fell to Rs 254.66 Crores, and EPS was Rs 1.49.
• March 2025: Revenue increased to Rs 6,426.88 Crores, Net Profit rose to Rs 406.74 Crores, and EPS was Rs 2.20.

These figures illustrate the variability in the company's short-term financial performance, influenced by market conditions and project execution timelines.

Annual Performance Review

The annual financial performance of Rail Vikas Nigam from 2021 to 2025 demonstrates overall growth, followed by a slight contraction in the most recent year. Key highlights include:

• Revenue: Increased from Rs 15,403.76 Crores in 2021 to Rs 21,889.23 Crores in 2024, before decreasing to Rs 19,923.01 Crores in 2025.
• Net Profit: Rose from Rs 922.85 Crores in 2021 to Rs 1,574.47 Crores in 2024, then decreased to Rs 1,186.11 Crores in 2025.
• EPS: Increased from Rs 4.42 in 2021 to Rs 7.55 in 2024, subsequently decreasing to Rs 6.15 in 2025.

The growth trajectory from 2021 to 2024 indicates a period of strong expansion, while the figures for 2025 suggest a potential stabilization or minor downturn.

Key Financial Ratios

Analyzing key financial ratios provides deeper insights into Rail Vikas Nigam's financial stability and efficiency. Here are some critical ratios:

• Book Value per Share: Showed a consistent increase from Rs 26.70 in 2021 to Rs 45.90 in 2025, reflecting growing intrinsic value.
• Return on Equity (ROE): Fluctuated, peaking at 19.39% in 2023 before declining to 13.38% in 2025.
• Debt to Equity Ratio: Decreased from 1.02 in 2021 to 0.56 in 2025, indicating improved financial leverage.

Cash Flow Dynamics

Rail Vikas Nigam's cash flow from operating activities has varied significantly over the past five years:

• Cash Flow from Operations: Fluctuated from Rs 657 Crores in March 2021 to Rs 4,800 Crores in March 2022, then decreased to -Rs 4,076 Crores in March 2023, increased to Rs 2,954 Crores in March 2024, and decreased again to Rs 1,878 Crores in March 2025.

These fluctuations reflect the timing of project payments and working capital management.

Balance Sheet Overview

Key observations from the consolidated balance sheet include:

• Share Capital: Remained constant at Rs 2,085 Crores from 2021 to 2025.
• Reserves & Surplus: Increased from Rs 3,481 Crores in 2021 to Rs 7,485 Crores in 2025, indicating retained earnings growth.
• Total Liabilities: Increased from Rs 14,151 Crores in 2021 to Rs 20,481 Crores in 2025, reflecting business expansion.
• Total Assets: Increased from Rs 14,151 Crores in 2021 to Rs 20,481 Crores in 2025, mirroring the growth in liabilities and overall business size.

In summary, Rail Vikas Nigam's financial performance demonstrates a mix of growth and variability. While annual revenue and profit increased significantly between 2021 and 2024, there was a decrease in 2025. Key financial ratios indicate a strengthening balance sheet with improved leverage, but fluctuating profitability and cash flow dynamics.

With Rail Vikas Nigam's stock currently trading at Rs 392.40, the company's performance remains a focal point for investors tracking the NIFTY MIDCAP 150 and Nifty LargeMidcap 250 indices.