Indian Railway Finance Corporation Ltd Share Price

Finance - Term-Lending Institutions

NSE: IRFC Large Cap ISIN: INE053F01010

As on 22 January 2025 at 13:04 IST

₹137.60

-4.79

(-3.36%)

Sell Buy

About Indian Railway Finance Corporation Ltd

Over 1 Month

-3.65%

Over 6 Months

-30.40%

Over 1 Year

-11.72%

Over 3 Years

511.12%

Indian Railway Finance Corporation Ltd Summary

Close ₹ 137.60

Open ₹ 142.50

High ₹ 142.75

Low ₹ 136.71

Volume 1,27,98,684

Net Turnover (in ₹) ₹ 3,13,60,95,134.28

52Wk High ₹ 229

52Wk Low ₹ 116.65

52Wk High / Low

116.65

229

Indian Railway Finance Corporation Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 1,86,082.46

EPS (TTM) 5

Book Value (BV) 39.83

Div. Yield 1.05 %

P/E (TTM) 28.48

Price/Book Value 3.58

Delivery % 21.74 %

Face Value 10

Key Ratios

PE Ratio 29

PB Ratio 3.78

EV to Sales 22.43

PEG Ratio 7.20

ROA 1.39

ROE 13.66

Debt-Equity 8.85

Net Profit Margin 24.06

Operating Profit Margin 99.50

Indian Railway Finance Corporation Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

No data available

Balance Sheet

No data available

Cash Flow

No data available

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	26,655.92	23,762.77	20,301.60	15,770.86	13,421.09
Total Expenses	20,243.81	17,595.62	14,211.44	11,354.73	10,228.99
Profit Before Tax	6,412.10	6,167.16	6,090.15	4,416.13	3,192.10
Profit After Tax	6,412.10	6,167.16	6,089.84	4,416.13	3,192.10
Operating Profit after Depreciation	6,412.10	6,167.16	6,090.15	4,416.13	3,192.10

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	25.83	19.19	37.96	45.36	11.05
Total Non Current Assets	5,023.93	5,965.98	6,872.77	7,027.15	6,445.93
Total Current Assets	4,80,058.49	4,84,392.77	4,43,107.45	3,73,454.37	2,69,058.20
TOTAL ASSETS	4,85,082.43	4,90,358.75	4,49,980.22	3,80,481.52	2,75,504.13
Total Shareholder's Fund	49,178.57	44,680.18	40,996.34	35,913.38	30,299.75

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	7,914.10	-28,588.36	-64,412.28	-89,906.65	-62,700.61
Net Cash used in Investing Activities	-7.54	0.09	-4.72	0.42	1.47
Net Cash used in Financing Activities	-8,046.42	28,644.48	64,266.30	90,202.04	62,696.81

No data available

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	6,763.43	6,899.66	6,765.63	6,473.56	6,736.60
Total Expenses	5,134.39	5,286.46	5,187.61	4,758.94	5,139.76
Profit Before Tax	-3,464.41	-3,636.09	-3,578.09	-3,007.40	-3,505.36
Profit After Tax	1,630.66	1,612.65	1,576.82	1,717.32	1,598.93
Operating Profit after Depreciation	1,632	1,613.74	1,578.41	1,719.05	1,600.26

Indian Railway Finance Corporation Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 140.30

S2 138.21

S3 135.06

Pivot 143.45

R1 145.54

R2 148.69

R3 150.78

Moving Average

20 SMA 144.53

50 SMA 148.02

100 SMA 152.48

200 SMA 163.09

Indian Railway Finance Corporation Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Indian Railway Finance Corporation Ltd

₹0.8/Share

Announcement Date 12 Nov 2024

Record Date 12 Nov 2024

Div Yield 8%

Indian Railway Finance Corporation Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Indian Railway Finance Corporation Ltd	₹142.40	₹1,86,095.53
Bajaj Finance Ltd	₹7,287.05	₹4,51,065.82
Bajaj Finserv Ltd	₹1,715.55	₹2,73,915.37
Jio Financial Services Ltd	₹260.15	₹1,65,280.69
Power Finance Corporation Ltd	₹427	₹1,40,914.35
REC Ltd	₹476.70	₹1,25,525.79

Indian Railway Finance Corporation Ltd News

IRFC rises on signing lease agreement with NTPC

Indian Railway Finance Corporation (IRFC) advanced 2.55% to Rs 141 after the company signed a lease agreement with NTPC for the financing of 8 BOBR (Bogie Open Bottom Rapid) rakes worth approximately Rs 250 crore in the first phase.

16 Jan 2025, 09:37 am

Indian Railway Finance Corp. to discuss results

On 20 January 2025

14 Jan 2025, 01:43 pm

IRFC edges higher on inking MoU with REMCL

Indian Railway Finance (IRFC) rose 1.15% to Rs 153.75 after it signed a memorandum of understanding (MoU) with REMCL to collaborate on financing renewable energy projects awarded by REMCL for supply to Indian Railways.

03 Jan 2025, 11:01 am

IRFC signs MoU with REMCL

To collaboration on financing renewable energy projects

03 Jan 2025, 10:15 am

IRFC announces cessation of directors

With effect from 09 November 2024

09 Nov 2024, 10:38 am

Indian Railway Finance Corporation Ltd Stock Analysis

Annual revenue for Indian Railway Finance Corporation Ltd increased by 12.18% to ₹26,655.92 crore in FY 2024 from ₹23,762.77 crore in FY 2023.
Annual Net Profit for Indian Railway Finance Corporation Ltd increased by 3.97% to ₹6,412.10 crore in FY 2024 from ₹6,167.16 crore in FY 2023.
Promoter Shareholding in Indian Railway Finance Corporation Ltd remains unchanged by 0.00% in the most recent quarter, from 86.36% in September 2024 to 86.36% in December 2024.
Indian Railway Finance Corporation Ltd delivered a 1-year return of -11.72% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Indian Railway Finance Corporation Ltd share price moved down by 3.36% from its previous close of INR ₹142.39. The latest Indian Railway Finance Corporation Ltd share price is INR ₹137.60.
Indian Railway Finance Corporation Ltd share price today has been at a low of 136.71 and a high of 142.75. Over the past 52 weeks, the Indian Railway Finance Corporation Ltd share price has seen a low of 116.65 and a high of 229.

About Indian Railway Finance Corporation Ltd

Indian Railway Finance Corporation (IRFC), established in December 1986, operates as a specialized public sector financial institution. The company is headquartered in New Delhi and serves as the dedicated funding arm of Indian Railways.

IRFC’s core business model revolves around three main activities: leasing, lending, and borrowing. The corporation strategically sources funds from both domestic and international markets. This is to fulfil the requirements of the Indian Railways’ Extra Budgetary Resources (EBR). These funds are primarily channelled into two key areas - the acquisition of rolling stock assets (including locomotives, passenger coaches, and wagons) and the development of railway infrastructure projects.

IRFC is not the largest entity in terms of market dominance or capitalization. However, it maintains a significant presence in the market. The company’s shares are actively traded on both major Indian stock exchanges - the National Stock Exchange (NSE) under the symbol IRFC and the Bombay Stock Exchange (BSE) under the code 543257.

As a government-promoted enterprise, IRFC benefits from strong state backing. The President of India holds an 86.36% stake in the company. There is a team of managerial promoters who manage the daily operations. They are

Usha Venugopal
Vallabhbhai Maneklal Patel
Baldeo Purushartha
Shelly Verma
Sheela Pandit

IRFC operates from its registered office in Pragati Vihar, Lodhi Road, New Delhi. Meanwhile, its registrars are located at Madangir, Near Dada Harsukhdas Mandir. The company’s strategic importance lies in its role as a financial intermediary.

Through its focused approach to funding railway assets and infrastructure, IRFC continues to contribute significantly to the modernization and expansion of India’s railway network.

How IRFC Fuels Indian Railways’ Expansion

Indian Railway Finance Corporation Ltd. (IRFC) is a key player in the expansion and modernization of Indian Railways. Established on December 12, 1986, IRFC’s primary role is to raise funds for the Indian Railways. This strategic financing has played a significant role in the growth and development of one of the world’s largest railway networks.

IRFC operates within the financial services sector. It is responsible for mobilizing funds from domestic and international markets. This funding is crucial for meeting the Extra Budgetary Resources (EBR) requirements of Indian Railways. Essentially, IRFC acts as the financial backbone of Indian Railways. This ensures Indian Railways has the necessary capital to pursue expansion projects.

One of the primary functions of IRFC is to finance the acquisition of rolling stock assets. This includes locomotives, passenger coaches, and freight wagons. The company provided the railways with financial resources to purchase and upgrade these assets. Additionally, IRFC funds various railway infrastructure projects, such as the construction of new tracks and signalling systems. These investments are vital for enhancing the overall performance of the railway network.

IRFC raises funds through a combination of debt and equity financing. The corporation issues bonds and debentures in domestic and international markets. This is to attract investors who are looking for stable and secure investment opportunities. The funds raised through these instruments are then used to finance railway projects. IRFC’s ability to raise funds at competitive rates is a testament to its strong creditworthiness and effective financial management.

The strategic importance of IRFC cannot be overstated. Indian Railways is a vital mode of transportation for millions of people. It is also a critical component of the country’s economic infrastructure. IRFC ensures that Indian Railways has the financial resources to expand and modernize. The investments made by the company help reduce travel time, improve safety, and enhance the passenger experience. Furthermore, these investments also support the transportation of goods, boosting trade and commerce.

IRFC plays a key role in supporting various government initiatives aimed at improving the railway sector. For instance, the corporation has been instrumental in financing projects under the government’s Make in India and Digital India programs. IRFC also funds the procurement of modern and technologically advanced equipment. This helps Indian Railways adopt innovative solutions and improve operational efficiency. The initiative also aligns with the government’s vision of creating a world-class railway network that is efficient and sustainable.

Despite its significant contributions, IRFC faces several challenges. The volatility of financial markets and the need to maintain a strong credit rating are some of the key issues that the corporation must navigate. Additionally, IRFC must ensure that it continues to raise funds at competitive rates. This is to support Indian Railways’ ambitious expansion plans.

Looking ahead, the future prospects for IRFC are promising. The ongoing modernization of Indian Railways, coupled with the government’s focus on infrastructure development, presents numerous opportunities for IRFC to play a pivotal role. The corporation’s strategic approach to financial management and its ability to raise funds efficiently will be crucial in supporting the continued growth and development of Indian Railways.

Overall, IRFC’s role in fuelling the expansion of Indian Railways is key to the growth and modernization of the railway network. The company provides essential funding for rolling stock and infrastructure projects. This ensures that Indian Railways can continue to enhance its capacity, efficiency, and safety.