NSE ScannerComparison · NSE · data 2026-10-31
Indian Railway Finance Corp. Ltd. vs Rail Vikas Nigam Ltd.
In plain words
Size: Indian Railway Finance Corp. Ltd. is about 2.6 times the market value of Rail Vikas Nigam Ltd..
Valuation (P/E): Rail Vikas Nigam Ltd. 41.6 vs Indian Railway Finance Corp. Ltd. 13.
Return on equity: Indian Railway Finance Corp. Ltd. 12.8% vs Rail Vikas Nigam Ltd. 9%.
Profit growth over 3 years: Indian Railway Finance Corp. Ltd. 4.4% a year vs Rail Vikas Nigam Ltd. -13.3% a year.
Debt to equity: Indian Railway Finance Corp. Ltd. 7.69 vs Rail Vikas Nigam Ltd. 0.41.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IRFC | RVNL | |
|---|---|---|
| Price | ₹73.37 | ₹179.67 |
| Market cap | ₹95,923 cr | ₹37,489 cr |
| P/E | 13 | 41.6 |
| P/B | 1.6 | — |
| ROE | 12.8% | 9.0% |
| ROCE | — | 5.2% |
| Debt / equity | 7.69 | 0.41 |
| Operating margin | 25.1% | 4.1% |
| Dividend yield | 2.86% | 0.95% |
| Sales growth, 3 years (yearly) | 4.8% | 0.2% |
| Profit growth, 3 years (yearly) | 4.4% | -13.3% |
| 1-year return | -41.4% | -46.0% |
| Revenue, last 12 months | ₹30,364 cr | ₹20,825 cr |
| Net profit, last 12 months | ₹7,372 cr | ₹900 cr |
| Latest quarter | — | Dec 2025 |
| Quarter net profit | — | ₹323 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 82.90% | 72.84% |
| Health check | Average (4.5/10) | Weak (2.4/10) |
Common questions
Which has a higher P/E, Indian Railway Finance Corp. Ltd. or Rail Vikas Nigam Ltd.?
Rail Vikas Nigam Ltd. trades at the higher P/E (41.6 against 13). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indian Railway Finance Corp. Ltd. (12.8% against 9.0%).
Which carries more debt?
Indian Railway Finance Corp. Ltd. has the higher debt-to-equity ratio (7.69 against 0.41).