RITES vs RVNL: Railway Public Sector Undertakings (PSU), Rail Vikas Nigam Limited (RVNL) and RITES Limited, are likely to see double digit revenue growth in the second quarter of financial year 2026-27 (FY-27), according to a PL Capital report. . However, the brokerage sees sharply divergent prospects for the two stocks, projecting nearly 30% upside for one and around 17% downside for the other.
As the Q2 earnings season begins, let’s decode Q2 expectations for these two Railway PSU stocks.
RVNL should fare better on growth terms in the second quarter of FY27, according to Charmi Shah, Business Head, Wealth1. RVNL’s Q2FY26 profit was down nearly 20% to ₹230 crore and there has been some signs of recovery in Q1FY27, highlighted Shah.
The expert also added that the Railway Board has spent 64% of its FY27 capex target by September, which supports execution and billing.
RITES Q2FY27 revenue is expected to grow by 10% on an annual basis, led by turnkey work, which is low margin, as per a PL Capital report.