Top Railway Stocks Compared: Rail Vikas Nigam vs IRCON vs RITES vs Titagarh Rail vs Texmaco Rail on Price, Valuation, Q2 FY27 Results and Risks
- November 10, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Previous close: Rail Vikas Nigam Rs 194.24, IRCON Rs 108.66, RITES Rs 197.10, Titagarh Rail Rs 699.45, Texmaco Rail Rs 106.09.
Quick Answer
This railway stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: Rail Vikas Nigam, IRCON, RITES, Titagarh Rail and Texmaco Rail. Rail Vikas Nigam is the largest by market capitalisation at Rs 42,034 crore. RITES reports the highest return on equity at 15.24%. Order books drive railway valuations, so read execution pace and payouts alongside every multiple.
Railway stocks compared here means Rail Vikas Nigam, IRCON, RITES, Titagarh Rail and Texmaco Rail on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes project executors, a consultancy and wagon makers, so a side-by-side look shows how differently each one earns from the same railway spending.
IRCON, RITES and Texmaco Rail have filed their September 2026 quarter, so their results below are Q2 FY27. Rail Vikas Nigam and Titagarh Rail are shown on their June 2026 quarter, which is Q1 FY27. Railway names follow government spending and project awards, so a glance at the BSE PSU page and the Sensex page before you read the tables gives useful backdrop.
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Railway Stocks Compared: Executors, Consultants and Wagon Makers
The railway stocks compared here are Rail Vikas Nigam, IRCON, RITES, Titagarh Rail and Texmaco Rail. Rail Vikas Nigam is the largest by market capitalisation at Rs 42,034 crore. Previous closes run from Rs 106.09 for Texmaco Rail to Rs 699.45 for Titagarh Rail, which is why a side-by-side look at value rather than price is more useful. This railway stocks compared list is the base for every table that follows.
| Stock | Previous close (Rs) | Market cap (Rs crore) |
|---|---|---|
| Rail Vikas Nigam | 194.24 | 42,034 |
| IRCON | 108.66 | 10,471 |
| RITES | 197.10 | 9,451 |
| Titagarh Rail | 699.45 | 9,464 |
| Texmaco Rail | 106.09 | 4,358 |
A quick look at the business behind each ticker puts the numbers in context. Rail Vikas Nigam executes railway, metro and infrastructure projects for government agencies, while IRCON builds railway lines, highways and other infrastructure projects at home and abroad. RITES offers engineering consultancy, rolling stock and project services to railways and other clients, and Titagarh Rail makes freight wagons, passenger coaches and metro trains. To compare railway stocks properly, line up price to earnings, dividend yield and debt to equity before forming a view.
Rounding out the group, Texmaco Rail makes freight wagons and rail components and also runs engineering and steel casting businesses. A fair railway stock comparison looks at what each company actually earns from, not only at the share price. Project executors, consultancies and wagon makers belong in separate mental boxes whenever you compare railway stocks fairly.
Railway Stocks Valuation: Multiples, Returns and Payouts
Texmaco Rail trades at the lowest price to earnings ratio in this group at 16.66. RITES reports the highest return on equity at 15.24%. IRCON has the lowest price to book value at 1.55. These railway stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this railway stocks compared table: price to earnings and dividend yield sit side by side so a high or low reading stands out at once.
| Stock | Price to earnings | Price to book | ROE (%) | Dividend yield (%) | Debt to equity |
|---|---|---|---|---|---|
| Rail Vikas Nigam | 46.88 | 4.28 | 8.91 | 0.85 | 0.49 |
| IRCON | 21.66 | 1.55 | 7.20 | 1.71 | 0.87 |
| RITES | 21.03 | 3.55 | 15.24 | 3.69 | 0.00 |
| Titagarh Rail | 50.23 | 3.93 | 6.51 | 0.14 | 0.25 |
| Texmaco Rail | 16.66 | 1.76 | 7.85 | 0.70 | 0.37 |
Railway stocks range from modest price to earnings multiples for state-run executors to premium multiples for wagon and rolling stock makers with large order books. Return on equity, dividend yield and debt to equity help you judge how each business is funded and rewarded. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple railway stock comparison like this one is only as useful as the context behind it, which is why debt to equity is worth checking as well.
In this group, price to earnings runs from 16.66 for Texmaco Rail to 50.23 for Titagarh Rail. RITES offers the highest dividend yield at 3.69%. Industry price to earnings readings differ by sub-sector: Rail Vikas Nigam and IRCON at 23.19; RITES at 35.83; Titagarh Rail and Texmaco Rail at 42.98. The industry price to earnings is a handy anchor: a railway stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built railway stock comparison also notes that billing milestones can move revenue between quarters. Run the same railway stock comparison on your own watchlist and the pattern in these numbers will be easier to spot.
Railway Stocks Q2 FY27 Results: Revenue and Profit Check
Three of the five railway stocks compared have filed Q2 FY27 numbers. IRCON posted the fastest revenue growth at 11.9% year on year. Texmaco Rail showed the sharpest rise in net profit at 73.7%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. The others are shown on their latest reported quarter, so read each one for what it is. Treat the Q2 FY27 numbers in this railway stocks compared review as a snapshot of one quarter, not a verdict on any railway company.
| Stock | Q2 FY27 revenue (Rs crore) | Q2 FY26 revenue (Rs crore) | Q2 FY27 net profit (Rs crore) | Q2 FY26 net profit (Rs crore) |
|---|---|---|---|---|
| IRCON | 2,364 | 2,112 | ||
| RITES | 582.8 | 579.0 | ||
| Texmaco Rail | 878.4 | 1,266 | 111.0 | 63.9 |
Rail Vikas Nigam Results Snapshot
Rail Vikas Nigam has reported only its Q1 FY27 numbers so far, with revenue of Rs 4,462 crore for the June 2026 quarter. Its Q2 FY27 filing is yet to appear, so read the exchange disclosure when it lands before you set it against the others.
IRCON Results Snapshot
In the September 2026 quarter, IRCON booked revenue of Rs 2,364 crore against Rs 2,112 crore in the same quarter last year, a rise of 11.9%.
RITES Results Snapshot
RITES’s Q2 FY27 top line stood at Rs 582.8 crore, versus Rs 579.0 crore in Q2 FY26, a rise of 0.7%.
Titagarh Rail Results Snapshot
Titagarh Rail has reported only its Q1 FY27 numbers so far, with revenue of Rs 771.7 crore for the June 2026 quarter. Its Q2 FY27 filing is yet to appear, so read the exchange disclosure when it lands before you set it against the others.
Texmaco Rail Results Snapshot
For the September 2026 quarter, Texmaco Rail booked revenue of Rs 878.4 crore. Net profit rose 73.7% to Rs 111.0 crore from Rs 63.9 crore. Operating margin expanded to 18.9% from 11.1% a year ago. Earnings per share for the quarter rose to Rs 2.74 from Rs 1.61.
Railway results depend on order execution, billing milestones and the pace of payments, so profit can look different from revenue in a single quarter. That is why a railway stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a railway stocks compared review becomes a map of the sector rather than a price list. When you compare railway stocks after each result season, track how debt to equity changes from one quarter to the next.
Railway Stocks Compared Two at a Time: Three Pairings
Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare railway stocks two at a time.
Rail Vikas Nigam vs IRCON
Rail Vikas Nigam and IRCON are both state-run project executors that build railway lines and related infrastructure. Rail Vikas Nigam is about 4.0 times the size of IRCON by market capitalisation, at Rs 42,034 crore against Rs 10,471 crore. On price to earnings, IRCON carries the lower multiple at 21.66 against 46.88 for Rail Vikas Nigam. Rail Vikas Nigam reports the higher return on equity, at 8.91% against 7.20% for IRCON. Both depend on order inflow and execution, so read order commentary next to valuation before you judge either multiple.
Titagarh Rail vs Texmaco Rail
Titagarh Rail and Texmaco Rail both make wagons and rolling stock, which puts them in the manufacturing end of the railway chain. On price to earnings, Texmaco Rail carries the lower multiple at 16.66 against 50.23 for Titagarh Rail. Texmaco Rail reports the higher return on equity, at 7.85% against 6.51% for Titagarh Rail. For dividend income, Texmaco Rail offers 0.70% against 0.14% at Titagarh Rail. Both gain when wagon orders rise, so read order books and margins together.
RITES vs Rail Vikas Nigam
RITES earns from consultancy and services, while Rail Vikas Nigam earns from executing projects, so the pair shows two ways of earning from railway spending. Rail Vikas Nigam is about 4.4 times the size of RITES by market capitalisation, at Rs 42,034 crore against Rs 9,451 crore. RITES reports the higher return on equity, at 15.24% against 8.91% for Rail Vikas Nigam. For dividend income, RITES offers 3.69% against 0.85% at Rail Vikas Nigam. A service-led and a project-led model are priced differently, so read the business mix before you read the ratio.
Best Railway Stocks for Each Type of Investor
Which of the best railway stocks is right for you depends on your priorities, so the table below lists the leader on each measure instead of crowning one name. Any railway stocks compared table can mislead if you stop at one row, because each railway company leads on a different measure.
| If you care most about | Start your research with | The number |
|---|---|---|
| Lowest price to earnings | Texmaco Rail | 16.66 |
| Highest return on equity | RITES | 15.24% |
| Highest dividend yield | RITES | 3.69% |
| Lowest price to book value | IRCON | 1.55 |
| Largest by market capitalisation | Rail Vikas Nigam | Rs 42,034 crore |
| Fastest Q2 FY27 revenue growth | IRCON | 11.9% |
| Sharpest Q2 FY27 net profit rise | Texmaco Rail | 73.7% |
No single name tops every row, which is exactly why a railway stock comparison helps. Scale, returns, payouts and valuation each point to a different company, so decide what matters most to you before you rank the numbers.
What Is Driving Railway Stocks Right Now?
Government spending on new lines, freight corridors, metro projects and new wagons and coaches keeps order books full for railway-linked companies. A long pipeline of projects gives these companies visibility on work for years ahead. Knowing what moves order inflow and billing milestones helps you compare railway stocks with the right questions in mind.
Order book size, execution pace and working capital decide how well a railway company turns orders into profit. Wagon makers also gain when freight volumes and fleet replacement push orders higher. A good railway stocks compared routine therefore tracks order inflow, execution pace, working capital and operating margin.
Risks to Weigh When You Compare Railway Stocks
Railway stocks depend on the pace of project awards, execution, payments from government agencies and commodity prices for manufacturers. Orders can arrive unevenly, so quarterly numbers may swing. Read each filing for order book and payment commentary before you compare them. Every railway stock comparison has blind spots, and for this group the biggest is order inflow and billing milestones.
Because order inflow, execution pace, working capital and operating margin drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this railway stocks compared guide a balanced starting point.
How to Compare Railway Stocks and Build a Shortlist
Start by deciding whether you want a project executor, a consultancy or a wagon maker, because each responds to different triggers. Executors reward readers who track order inflow, while manufacturers reward those who track wagon and coach orders. Done step by step, this railway stocks compared routine becomes repeatable rather than a one-off exercise.
Then check valuation and payouts, because dividend yield and debt differ widely across the group. Spreading your attention across one executor and one manufacturer is a simple way to see both sides of the sector. Keep the shortlist of best railway stocks short enough that you can actually follow each company’s quarterly results. When you compare railway stocks again after new results, update only the rows that changed instead of starting over.
The Univest stock screener lets you filter railway stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this railway stocks compared page after the next set of results to see which numbers have moved.
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Conclusion: Railway Stocks Compared at a Glance
This railway stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Rail Vikas Nigam leads on size and RITES leads on return on equity, while the others bring their own strengths. Treat the railway stocks Q2 FY27 results and railway stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare railway stocks again next quarter, the same checklist of price to earnings, dividend yield and debt to equity will work.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Railway Stocks Compared
Which are the top railway stocks compared in this article?
Ans. The railway stocks compared in this article are Rail Vikas Nigam, IRCON, RITES, Titagarh Rail and Texmaco Rail. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, so the group can be read in one sitting before you go deeper into any single company.
Which railway stock has the highest market capitalisation?
Ans. Among the five names, Rail Vikas Nigam has the highest market capitalisation at Rs 42,034 crore. IRCON follows at Rs 10,471 crore. Market value changes with every price move, which means the ranking can shuffle, so look at the latest figure on the exchange.
Which of these railway stocks has the lowest price to earnings ratio?
Ans. On railway stocks valuation, Texmaco Rail has the lowest price to earnings ratio among these railway stocks at 16.66, based on the latest reported earnings. Titagarh Rail sits at the other end at 50.23. Treat the lowest multiple as a place to start asking questions, because growth and business quality explain why investors pay more or less.
Which railway stock has the highest return on equity?
Ans. RITES reports the highest return on equity in this group at 15.24%. In plain terms, return on equity tells you how hard shareholder funds are working. Read it across a few years and alongside debt, since a high ratio built on borrowing carries more risk.
How did railway stocks perform in Q2 FY27 results?
Ans. Three of the five names have filed Q2 FY27 numbers in our data. IRCON recorded the fastest revenue growth at 11.9% year on year. Texmaco Rail showed the sharpest net profit rise at 73.7%. For railway stocks Q2 FY27 results, the others are covered on their latest reported quarter, and each filing on the exchange website carries the full detail.
What are the main risks when you compare railway stocks?
Ans. Railway stocks depend on the pace of project awards, execution, payments from government agencies and commodity prices for manufacturers. Orders can arrive unevenly, so quarterly numbers may swing. Read each filing for order book and payment commentary before you compare them. Keep an eye on order inflow, execution pace, working capital and operating margin.
Which metrics matter most when you compare railway stocks?
Ans. Order book size, execution pace, working capital and operating margin matter most for operating performance. Price to earnings, return on equity, dividend yield and debt to equity show how the market values each company and how it is funded. Read each company’s filing for these along with the numbers in this article.
Which is the best railway stock to buy among these five?
Ans. The best railway stock depends on whether you value project execution, consultancy or wagon manufacturing, because the five names differ on all three. On the numbers in this article, Rail Vikas Nigam has the largest market capitalisation; Texmaco Rail has the lowest price to earnings; RITES has the highest return on equity as well as the highest dividend yield. There is no clear winner across every measure, and nothing here is a recommendation. Let the tables narrow your list, confirm the numbers in the filings, and take advice from a SEBI-registered advisor before acting.
