Railway stocks like RVNL, IRCON, and RITES have had a relatively quiet quarter at the bourses. Investors in these companies are now looking forward to the upcoming earnings reports, hoping that strong financial results will reignite interest and bring momentum back to the stocks.

What To Expect: In its preview note, IDBI Capital said that it expects Rites revenue to be flat at around ₹582.6 crore in the September quarter. EBITDA margin is expected at 22.8% and PAT is expected to decline by 2% YoY. As per the analyst’s estimates, the company’s net profit will be at around ₹107.8 crore. The brokerage expects the company’s order book to come in at ₹6,239 crore.

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For RVNL, the analysts expect Q2FY25 revenue to decrease by 2% YoY to ₹4,816 crore. EBITDA margins are expected at 5.5% down by 57bps YoY. Net profit is pegged at ₹347.9 crore. As per the brokerage, RVNL’s order book will sink further to ₹79,852 crore. Order Inflow for June-September stood at ₹2,368 crore.

For IRCON, the analysts are modelling revenue to decrease by 2% YoY at ₹2,826 crore. EBITDA margin is expected at 6.3%. Order inflow in Q2FY25 was ₹750 crore, as per the brokerage’s estimates. PAT is seen at ₹229 crore. IRCON’s orderbook is seen at 23,958 crore.

Price Action: RVNL’s share price was down 0.99% to trade at ₹476.10. IRCON’s share price was down 1.27% to trade at ₹219.86. RITES shares were down 3.34% to trade at ₹314.25 on Thursday morning.

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