| Annual Financials | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 8,014 | 9,268 | 11,134 | 13,421 | 15,771 | 20,302 | 23,763 | 26,656 | 27,153 | 27,309 |
| Expenses | 26 | 38 | 49 | 66 | 113 | 123 | 134 | 133 | 154 | 168 |
| EBITDA | 7,988 | 9,230 | 11,085 | 13,355 | 15,658 | 20,179 | 23,629 | 26,523 | 26,999 | 27,141 |
| Operating Profit % | 100 % | 100 % | 100 % | 100 % | 99 % | 99 % | 99 % | 100 % | 99 % | 99 % |
| Depreciation | 0 | 0 | 0 | 1 | 4 | 14 | 14 | 9 | 5 | 5 |
| Interest | 5,874 | 6,638 | 8,183 | 10,163 | 11,237 | 14,075 | 17,447 | 20,102 | 20,495 | 20,465 |
| Profit Before Tax | 2,114 | 2,593 | 2,902 | 3,192 | 4,416 | 6,090 | 6,167 | 6,412 | 6,502 | 6,671 |
| Tax | 1,192 | 543 | 647 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 921 | 2,049 | 2,255 | 3,192 | 4,416 | 6,090 | 6,167 | 6,412 | 6,502 | 6,671 |
| EPS in ₹ | 1.41 | 3.14 | 3.43 | 3.40 | 3.66 | 4.66 | 4.72 | 4.91 | 4.98 | 5.10 |
IRFC
IRFC
131.40
-0.82
(-0.62%)
Market Cap
1,71,720.17 Cr
EPS
4.98
PE Ratio
25.93
Dividend Yield
0.60 %
Industry
Financial Services52 Week High
198.30
52 Week Low
108.04
PB Ratio
3.18
Debt to Equity
8.85
Sector
Financial Institution
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from1 analysts
Company News
View All News
Indian Railway Finance Corporation reported improved quarterly results with Net Interest Margin rising to 1.51% from 1.31% in the previous quarter and profit after tax growing 11% year-on-year. The company has sanctioned INR 25,000 crores worth of projects and disbursed INR 3,000 crores in Q1. IRFC is expanding beyond Indian Railways through its 'IRFC 2.0' strategy, now funding railway ecosystem entities including NTPC, metro projects, and renewable energy companies with railway linkages. The company maintains zero NPAs and targets INR 60,000 crores in sanctions and INR 30,000 crores in disbursements for the full year. Management expects stronger disbursements in Q2 due to refinancing projects and aims to cross INR 5 lakh crores in assets under management by FY27. The company's cost of capital is around 7% and it continues to benefit from tax exemptions for the next 5-7 years due to unabsorbed depreciation.
IRFC Secures $300 Million External Commercial Borrowing from Sumitomo Mitsui Banking Corporation
Today
TodayIndian Railway Finance Corporation Limited (IRFC) has issued a Letter of Award for an External Commercial Borrowing of JPY equivalent USD 300 million for a 5-year term to Sumitomo Mitsui Banking Corporation. The facility features bullet repayment and semi-annual interest payments. The net proceeds from the ECB will be utilized in accordance with the ECB Regulations of the Reserve Bank of India.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
131.40 | #1 1,71,720.17 | #4 25.93 | #3 27,152.60 | #4 12.18 | #3 6,502 | #3 10.71 | 40.20 | |
411.90 | 1,35,931.19 | #1 5.89 | #1 1,05,717.00 | 17.86 | #1 30,899 | 10.61 | 46.05 | |
399.55 | 1,05,210.46 | 6.24 | 56,366.60 | 20.37 | 16,019 | 29.06 | 50.23 | |
217.43 | 43,527.31 | 15.99 | 10,311.30 | 12.16 | 3,002 | 3.93 | 36.48 | |
150.22 | 42,200.27 | 27.07 | 6,755.70 | 12.06 | 1,698 | -35.65 | 27.04 | |
58.49 | 15,759.04 | 92.22 | 1,876.10 | #1 22.36 | 680 | #1 65.54 | 41.35 | |
288.21 | 2,668.69 | 29.75 | 254.30 | -1.62 | 85 | -8.80 | 64.49 | |
14.50 | 129.19 | - | 17.20 | -20.00 | -125 | -4.73 | 23.79 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
12.18 %
Net Income Growth
3.97 %
Cash Flow Change
127.68 %
ROE
-5.51 %
ROCE
12.97 %
EBITDA Margin (Avg.)
0.07 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 1,28,750 | 1,61,468 | 2,06,604 | 2,75,504 | 3,80,482 | 4,49,980 | 4,90,359 | 4,85,082 | 4,88,835 |
| Fixed Assets | 12 | 11 | 11 | 11 | 45 | 38 | 19 | 22 | 21 |
| Current Assets | 1,26,560 | 1,56,205 | 2,00,684 | 2,69,058 | 3,73,454 | 4,43,107 | 4,84,393 | 4,80,058 | 4,72,451 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| Investments | 15 | 14 | 13 | 12 | 12 | 10 | 14 | 54 | 0 |
| Other Assets | 1,28,724 | 1,61,443 | 2,06,580 | 2,75,481 | 3,80,425 | 4,49,932 | 4,90,326 | 4,85,003 | 0 |
| Total Liabilities | 1,28,750 | 1,61,468 | 2,06,604 | 2,75,504 | 3,80,482 | 4,49,980 | 4,90,359 | 4,85,082 | 4,88,835 |
| Current Liabilities | 10,325 | 18,089 | 28,128 | 32,191 | 41,820 | 20,544 | 26,744 | 23,865 | 22,949 |
| Non Current Liabilities | 1,06,265 | 1,23,008 | 1,53,447 | 2,13,013 | 3,02,748 | 3,88,440 | 4,18,935 | 4,12,038 | 4,13,218 |
| Total Equity | 12,160 | 20,372 | 25,029 | 30,300 | 35,913 | 40,996 | 44,680 | 49,179 | 52,668 |
| Reserve & Surplus | 5,634 | 13,845 | 15,648 | 18,419 | 22,845 | 27,928 | 31,612 | 36,110 | 39,599 |
| Share Capital | 6,527 | 6,527 | 9,381 | 11,881 | 13,069 | 13,069 | 13,069 | 13,069 | 13,069 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | -232 | 1,206 | -1,204 | 0 | 3 | -2 | 296 | -151 | 56 | -140 |
| Investing Activities | 2 | 2 | 2 | 2 | 1 | 2 | 0 | -5 | 0 | -8 |
| Operating Activities | -1,292 | -16,378 | -19,455 | -28,076 | -41,748 | -62,701 | -89,907 | -64,412 | -28,588 | 7,914 |
| Financing Activities | 1,058 | 17,582 | 18,250 | 28,075 | 41,749 | 62,697 | 90,202 | 64,266 | 28,645 | -8,046 |
Share Holding
| % Holding | Jan 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % | 86.36 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 1.13 % | 1.15 % | 1.08 % | 1.11 % | 1.09 % | 1.01 % | 0.98 % | 0.93 % |
| DIIs | 3.10 % | 4.23 % | 3.75 % | 3.19 % | 3.21 % | 3.18 % | 3.26 % | 3.39 % | 2.96 % | 2.62 % | 2.03 % | 1.63 % | 1.16 % | 0.89 % | 1.07 % | 1.08 % | 1.24 % | 1.34 % | 1.46 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 6.18 % | 7.00 % | 7.92 % | 8.44 % | 8.46 % | 8.42 % | 8.44 % | 8.27 % | 8.69 % | 8.94 % | 9.52 % | 10.08 % | 10.55 % | 10.97 % | 10.80 % | 10.86 % | 10.78 % | 10.68 % | 10.59 % |
| Others | 4.35 % | 2.40 % | 1.97 % | 2.01 % | 1.97 % | 2.04 % | 1.94 % | 1.98 % | 1.98 % | 2.07 % | 2.09 % | 0.79 % | 0.78 % | 0.70 % | 0.65 % | 0.60 % | 0.61 % | 0.64 % | 0.65 % |
| No of Share Holders | 0 | 8 | 13,52,260 | 14,49,110 | 14,77,210 | 15,19,490 | 15,15,230 | 14,90,300 | 14,59,500 | 16,34,920 | 18,05,740 | 27,03,000 | 32,51,990 | 45,26,340 | 51,08,890 | 55,00,050 | 55,40,770 | 56,35,780 | 54,51,170 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.05 | 1.4 | 1.5 | 1.5 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.9 | 5.31 | 1.05 | 1.21 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 22 Jul 2025 |  Quarterly Result Announcement | NA | 22 Jul 2025 | 135.35 | 134.40 |
| 28 Apr 2025 | Quarterly Result Announcement | NA | 28 Apr 2025 | 124.10 | 128.70 |
| 21 Mar 2025 |  Dividend | ₹ 0.80 /share | 21 Mar 2025 | 117.70 | 128.45 |
| 20 Jan 2025 | Quarterly Result Announcement | NA | 20 Jan 2025 | 135.70 | 146.19 |
| 12 Nov 2024 | Dividend | ₹ 0.80 /share | 12 Nov 2024 | 158.11 | 147.40 |
| 04 Nov 2024 | Quarterly Result Announcement | NA | 04 Nov 2024 | 144.70 | 158.11 |
| 29 Aug 2024 |  Annual General Meeting | NA | 29 Aug 2024 | 195.20 | 180.96 |
| 22 Aug 2024 | Dividend | ₹ 0.70 /share | 22 Aug 2024 | 173.20 | 180.55 |
| 10 Nov 2023 | Dividend | ₹ 0.80 /share | 10 Nov 2023 | 72.95 | 74.60 |
| 15 Sept 2023 | Dividend | ₹ 0.70 /share | 15 Sept 2023 | 33.85 | 81.30 |
| 18 Nov 2022 | Dividend | ₹ 0.80 /share | 17 Nov 2022 | 25.10 | 27.90 |
| 16 Sept 2022 | Dividend | ₹ 0.63 /share | 15 Sept 2022 | 21.40 | 22.30 |
| 11 Nov 2021 | Dividend | ₹ 0.77 /share | 10 Nov 2021 | 24.20 | 24.80 |
| 20 Feb 2021 | Dividend | ₹ 1.05 /share | 17 Feb 2021 | 25.35 | 25.35 |
Announcements
Disclosure Under Regulation 30 SEBI LODR 20152 hours ago
2 hours agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript2 hours ago
2 hours agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
8 days agoUnaudited Financial Results For The Quarter Ended 30Th June 20258 days ago
8 days agoBoard Meeting Outcome for Outcome Of Board Meeting Held On Tuesday 22Nd July 20258 days ago
8 days agoBoard Comments On Fine Levied By The ExchangesJul 18, 2025
Jul 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 16, 2025
Jul 16, 2025Board Meeting Intimation for Intimation Of Board MeetingJul 14, 2025
Jul 14, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 10, 2025
Jul 10, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 10, 2025
Jul 10, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Appointment Of Secretarial AuditorJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 25, 2025
Jun 25, 2025Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Held On 25Th June 2025Jun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 06, 2025
Jun 06, 2025Disclosure Of Event Or Information Under Regulation 30 Of SEBI (LODR) Regulations 2015- Fines Levied By Stock ExchangesMay 30, 2025
May 30, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 16, 2025
May 16, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 05, 2025
May 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 01, 2025
May 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 30, 2025
Apr 30, 2025Announcement Under Regulation-30 (Appointment Of HIA)Apr 29, 2025
Apr 29, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeApr 29, 2025
Apr 29, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 28, 2025
Apr 28, 2025Announcement under Regulation 30 (LODR)-Raising of FundsApr 28, 2025
Apr 28, 2025Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Held On Monday 28Th April 2025Apr 28, 2025
Apr 28, 2025Disclosure Under Regulation 30 & 51 Of SEBI (LODR) Regulations 2015 -IRFC Emerged As L1 Bidder For Rs 5000 Crore Rupee Term Loan To NTPCApr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 22, 2025
Apr 22, 2025Board Meeting Intimation for Rescheduling Of Board MeetingApr 21, 2025
Apr 21, 2025Disclosure Under Regulation 30 & 51 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Additional Charge Of The Post Of Dir. (Fin.)/IRFCApr 21, 2025
Apr 21, 2025Board Comments On Fine Levied By The ExchangesApr 17, 2025
Apr 17, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 16, 2025
Apr 16, 2025Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 16, 2025
Apr 16, 2025Board Meeting Intimation for Intimation Of Board MeetingApr 15, 2025
Apr 15, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 15, 2025
Apr 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 08, 2025
Apr 08, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsMar 25, 2025
Mar 25, 2025Disclosure Of Event Or Information Under Regulation 30 Of SEBI (LODR) Regulations 2015Mar 18, 2025
Mar 18, 2025Corporate Action-Board approves DividendMar 17, 2025
Mar 17, 2025Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Held On Monday 17Th March 2025Mar 17, 2025
Mar 17, 2025Corporate Action-Board to consider DividendMar 10, 2025
Mar 10, 2025Board Meeting Intimation for Intimation Of Board MeetingMar 10, 2025
Mar 10, 2025Closure of Trading WindowMar 10, 2025
Mar 10, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 05, 2025
Mar 05, 2025Grant Of Navratna Status To IRFC LimitedMar 03, 2025
Mar 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementFeb 28, 2025
Feb 28, 2025Disclosure Under Regulation 30 & 51 Of SEBI (LODR) Regulations 2015 -Acceptance Of IRFC LimitedS Bid Of Rs.7500 Crores For Financing Of Rupee Term Loan (RTL) Against Request For Proposal (RFP) NREL/FAFeb 22, 2025
Feb 22, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJan 28, 2025
Jan 28, 2025Technical Indicators
RSI(14)
Neutral 41.83
ATR(14)
Less Volatile 3.23
STOCH(9,6)
Neutral 32.36
STOCH RSI(14)
Neutral 51.70
MACD(12,26)
Bearish -0.35
ADX(14)
Weak Trend 20.85
UO(9)
Bearish 36.93
ROC(12)
Downtrend But Slowing Down -2.26
WillR(14)
Neutral -78.50
Mutual Fund Holdings
Kotak Arbitrage Fund Direct-Growth 
Edelweiss Arbitrage Fund Direct-Growth 
Mirae Asset Arbitrage Fund Direct - Growth 
SBI Arbitrage Opportunities Fund Direct-Growth 
ICICI Prudential Nifty Next 50 Index Direct-Growth 
UTI Nifty Next 50 Index Fund Direct - Growth 
Groww Nifty India Railways PSU Index Fund Direct-Growth 
Aditya Birla Sun Life Arbitrage Fund Direct-Growth 
Navi Nifty Next 50 Index Fund Direct - Growth 
HDFC NIFTY Next 50 Index Fund Direct - Growth 
WhiteOak Capital Arbitrage Fund Direct-Growth 
DSP Nifty Next 50 Index Fund Direct - Growth 
Axis Nifty Next 50 Index Fund Direct-Growth 
Motilal Oswal Nifty Next 50 Index Fund Direct - Growth 
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth 
Zerodha Nifty Large Midcap 250 Index Fund Direct - Growth 
LIC MF Nifty Next 50 Index Fund Direct-Growth About IRFC
Indian Railway Finance Corporation Limited (IRFC) is a Schedule A Public Sector Enterprise under the Ministry of Railways, Government of India. Established in 1986, IRFC's primary function is to borrow funds from financial markets to finance the acquisition and creation of assets for Indian Railways. The company leases rolling stock assets, railway infrastructure assets, and provides financing for national projects. IRFC operates on a financial leasing model, typically with 30-year lease periods for rolling stock assets. As of March 31, 2023, 86.36% of IRFC's equity was held by the President of India through the Ministry of Railways, with the remaining 13.64% held by the public. In the fiscal year 2020-21, IRFC's disbursement constituted 67.43% of the total capital outlay for Indian Railways.
Listing Date
29 Jan, 2021(4 Years,
1 days)
Website
Chairperson NameUsha Venugopal
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