Which stock is cheaper: RVNL or IRCON?

Based on Price to Earnings, RVNL trades at a P/E of 47.6 while IRCON trades at a P/E of 20.5.

Does RVNL or IRCON have higher ROCE?

RVNL generates an ROCE of 32.5% compared to IRCON's ROCE of 11.8%.

RAIL VIKAS NIGAM LIMITED (RVNL) has a market cap of ₹42,722 Cr compared to IRCON INTERNATIONAL LTD (IRCON) with ₹10,652 Cr.

RVNLIndustrials

₹179.67-3.40%

Market Cap: ₹42,722 Cr

IRCONIndustrials

Leads (4/5)

₹96.63-4.21%

Market Cap: ₹10,652 Cr

Automated quantitative breakdown of fundamental strengths between RVNL and IRCON.

Attractive ValuationIRCON (P/E 20.5)Trades at lower Price-to-Earnings

Capital EfficiencyRVNL (ROCE 32.5%)Superior operating return on capital

Balance Sheet SafetyIRCONLower debt-to-equity ratio

Shareholder YieldIRCON (191.45%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	RVNL	IRCON
Valuation Multiples
Market Capitalization	₹42,722 Cr	₹10,652 Cr
Price to Earnings (P/E)	47.63	20.49
Price to Book (P/B)	20.49	3.18
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	32.46%	11.85%
Return on Equity (ROE)	57.32%	19.22%
Operating Profit Margin (OPM)	7.84%	11.51%
Net Profit Margin (NPM)	2.79%	6.01%
Balance Sheet & Solvency
Debt to Equity Ratio	2.31	1.71
Dividend Yield	96.29%	191.45%
Historical Growth
3-Year Sales Growth (CAGR)	-25.30%	-9.92%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹4,321 Cr	₹1,956 Cr
Quarterly Net Profit	₹159 Cr	₹93 Cr