RVNL Q2 FY26: PAT drops 35% YoY to Rs 196 cr; KRCL dues of Rs 1,191 cr flagged

Emphasis Of MatterEbitda Margin CompressionNegative Operating CashflowResults RestatedResults View source PDF Explain this filing

RVNL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹317.80

prior close

₹314.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.8%-1.4% vs market

Civil Construction peers, median of 96sector+0.7%-1.3% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Midcap 150 and 1.3 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.1

15m

+0.4

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+0.8-1.4+0.7-1.3

Next day

-1.1+0.4-1.5+0.0-1.1

+1.4+0.5+1.0-0.1+1.5

+2.9+1.2+1.7+0.0+2.9

+1.1+0.5+0.5-0.9+2.0

+0.8+0.9-0.1-1.4+2.2

-1.2-0.3-0.9-2.6+1.4

15d

-1.9-0.4-1.4-5.4+3.5

-1.3-0.3-0.9-6.6+5.3

+5.1-1.2+6.3-12.9+17.9

-1.2+0.1-1.3-14.2+13.0

UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RVNL Q2 FY26 standalone revenue rose 1.3% YoY to Rs 4,935 cr but PAT fell 35% to Rs 196 cr. H1 PAT dropped 38% to Rs 324 cr on margin compression and higher finance costs. Operating cash flow turned negative at negative Rs 1,112 cr in H1. Auditor flagged Rs 1,191 cr recoverable from joint venture KRCL including Rs 890 cr in interest. FY24-25 consolidated results restated with Rs 3.73 cr profit reduction.

Likely market impact

Weaker profitability, negative operating cash flow, and large pending KRCL recovery raise concerns for investors.