Rail Vikas Nigam Balance Sheet
- Market cap
- ₹40,833 crore
- P/E
- 45.4
- P/B
- 4.16
- ROE
- 9.0%
- Dividend yield
- 0.36%
As of Mar 2022, Rail Vikas Nigam had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 81.37% from Mar 2023.
Rail Vikas Nigam balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 2,085 | 2,085 | 2,085 | 2,085 |
| Reserves | 8,500 | 5,090 | 6,590 | 10,000 | 10,000 |
| Borrowings | 1,200 | 6,441 | 6,033 | 5,419 | 4,818 |
| Other liabilities | 3,500 | 4,656 | 4,822 | 5,491 | 7,065 |
| Total liabilities | 13,700 | 18,344 | 19,577 | 20,482 | 21,702 |
| Fixed assets | 6,500 | 597 | 931 | 885 | 886 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 3,669 | 3,915 | 4,096 | 4,340 |
| Other assets | 4,300 | 5,503 | 5,873 | 6,145 | 6,511 |
| Total assets | 13,700 | 18,344 | 19,577 | 20,482 | 21,702 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Rail Vikas Nigam balance sheet — frequently asked questions
What is the total debt of Rail Vikas Nigam?
Rail Vikas Nigam reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹6,441 crore as of Mar 2023.
What is Rail Vikas Nigam's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Rail Vikas Nigam's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Rail Vikas Nigam's total assets?
Rail Vikas Nigam's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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