5 Railway stocks with strong order books of up to ₹90,000 Cr to keep on your radar

India’s railway sector is witnessing strong momentum, supported by record government capex and rising demand for modern transport infrastructure. Several railway-focused companies have secured robust order books, ranging up to Rs. 90,000 crore, providing multi-year revenue visibility and growth potential. These well-positioned stocks benefit from ongoing expansion in rolling stock, signalling, and engineering projects.

Rail Vikas Nigam Limited

With a market capitalization of Rs. 67,481.68 crore, the shares of Rail Vikas Nigam Limited were currently trading at Rs. 323.65 per equity share, down nearly 0.20 percent from its previous day’s close price of Rs. 324.30. 

As of September 2025, RVNL’s total order book stands at approximately Rs. 90,000 crore. Out of this, Rs. 43,000 crore comes from assigned projects by Indian Railways, while the remaining Rs. 46,000 crore comes from projects secured through competitive bidding.

Coming into financial highlights, Rail Vikas Nigam Limited’s revenue has increased from Rs. 4,855 crore in Q2 FY25 to Rs. 5,123 crore in Q2 FY26, which has grown by 5.52 percent. The net profit has decreased by 19.51 percent from Rs. 287 crore in Q2 FY25 to Rs. 231 crore in Q2 FY26.

Titagarh Rail Systems Limited

With a market capitalization of Rs. 11,130.79 crore, the shares of Titagarh Rail Systems Limited were currently trading at Rs. 826.50 per equity share, rising nearly 1.38 percent from its previous day’s close price of Rs. 838.10. 

As of September 30, 2025, Titagarh Rail Systems Limited reported a total order book of approximately Rs. 28,403 crore. This includes Rs. 10,955 crore from passenger rolling stock, Rs. 3,629 crore from freight rolling stock, and Rs. 493 crore from shipbuilding, reflecting a well-diversified order pipeline across key business segments.

Additionally, the company’s joint ventures held a combined order share of Rs. 13,326 crore. Of this, Rs. 7,026 crore came from the Vande Bharat project with BHEL and Rs. 6,300 crore from the wheelset JV with Ramakrishna Forgings

Coming into financial highlights, Titagarh Rail Systems Limited’s revenue has decreased from Rs. 1,057 crore in Q2 FY25 to Rs. 799 crore in Q2 FY26, which is a drop of 24.41 percent. The net profit has also decreased by 54.32 percent from Rs. 81 crore in Q2 FY25 to Rs. 37 crore in Q2 FY26.

Ircon International Limited

With a market capitalization of Rs. 15,170.52 crore, the shares of Ircon International Limited were currently trading at Rs. 161.30 per equity share, down nearly 0.71 percent from its previous day’s close price of Rs. 162.45. 

As of September 30, 2025, the company’s total order book stands at Rs. 23,865 crore. Of this, 75 percent (Rs. 17,952 crore) comes from Railways, 19 percent (Rs. 4,605 crore) from Highways, and the remaining 6 percent (Rs. 1,308 crore) from other sectors.

Coming into financial highlights, Ircon International Limited’s revenue has decreased from Rs. 2,448 crore in Q2 FY25 to Rs. 1,977 crore in Q2 FY26, which is a drop of 19.24 percent. The net profit has decreased by 33.50 percent from Rs. 206 crore in Q2 FY25 to Rs. 137 crore in Q2 FY26.

Railtel Corporation of India Limited

With a market capitalization of Rs. 10,875.00 crore, the shares of Railtel Corporation of India Limited were currently trading at Rs. 338.85 per equity share, down nearly 2.09 percent from its previous day’s close price of Rs. 346.10. 

As of September 30, 2025, Railtel Corporation of India Limited’s total order book currently stands at Rs. 8,251 crore. During the ongoing financial year, it has received orders worth Rs. 3,317 crore up to September 30, 2025.

Coming into financial highlights, Railtel Corporation of India Limited’s revenue has increased from Rs. 843 crore in Q2 FY25 to Rs. 951 crore in Q2 FY26, which has grown by 12.81 percent. The net profit has also grown by 4.11 percent from Rs. 73 crore in Q2 FY25 to Rs. 76 crore in Q2 FY26.

Rites Limited

With a market capitalization of Rs. 11,423.95 crore, the shares of Rites Limited were currently trading at Rs. 237.70 per equity share, down nearly 0.15 percent from its previous day’s close price of Rs. 238.05. 

As of September 30, 2025, the company reported a total order book of Rs. 9,090 crore. This includes Rs. 2,928 crore from consultancy services, Rs. 4,308 crore from turnkey projects, Rs. 1,541 crore from exports, Rs. 194 crore from lease contracts, and Rs. 120 crore from REMC Ltd.

Coming into financial highlights, Rites Limited’s revenue has increased from Rs. 541 crore in Q2 FY25 to Rs. 549 crore in Q2 FY26, which has grown by 1.48 percent. The net profit has also grown by 32.93 percent from Rs. 82 crore in Q2 FY25 to Rs. 109 crore in Q2 FY26.

Written By – Nikhil Naik

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post 5 Railway stocks with strong order books of up to ₹90,000 Cr to keep on your radar appeared first on Trade Brains.