Rail Vikas Nigam Limited — Investor Meet, 02-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

RVNL's Q4 FY26 saw robust standalone revenue growth (up 47.6% QoQ), but profitability dipped due to onerous contracts and JV adjustments. EBITDA fell 16.88% QoQ, and PAT was down 19.66% QoQ. The company maintains a strong 99,262 Cr order book, with significant railway and diversified projects. Management anticipates 15-20% revenue growth and improved margins in FY27, despite a potentially challenging Q1. Operational focus is on accelerated execution and selective, profitable bidding. Key receivables from the Ministry of Railways were recently realized. The company projects a confident outlook for sustained long-term growth.