Indian Railway Finance Corporation Limited share price

NSE: IRFC · ISIN INE053F01010

Key numbers

Market cap
₹ 1,04,483 Cr
Current price
₹ 79.95
52-week high / low
₹ 137 / 78
Stock P/E
14.6
Book value
₹ 43.5
Dividend yield
3.63%
ROCE
3.7%
ROE
12.8%
Debt to equity
7.69
Sales growth (3 yrs)
4.6%
Profit growth (3 yrs)
4.4%
1-year return
-36.3%

About Indian Railway Finance Corporation Limited

Indian Railway Finance Corporation Limited engages in leasing of rolling stock and railway infrastructure assets in India. The company also engages in lending business to other entities under the Ministry of Railways; and borrowing funds from commercial markets, financial markets to finance the acquisition/creation of assets that are leased out to the Indian Railways. Indian Railway Finance Corporation Limited was incorporated in 1986 and is based in New Delhi, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales6,7196,9016,6577,3368,242
Operating profit1,6861,7441,8051,7481,797
Net profit1,6821,7461,8021,6841,927
EPS (₹)1.291.341.381.291.47

Concall summary (2026-08-06)

AI summary of the earnings call transcript · tone: Neutral · source document

Guidance & outlook

  • As you know, that last year against the guidance of INR60,000 crores, we could sign agreements worth more than INR75,000 crores.
  • And against the target of INR30,000 crores disbursement, we could disburse more than INR35,000 crores.

Growth & demand

  • And we believe that these 2 works will have a pipeline for IRFC for more than a decade with as a ballpark figure, more than INR50,000 crores /INR60,000 crores of disbursement every year.
  • In spite of that, the NII has grown just by 2% versus AUM growth of 4% on a Y-o-Y basis, which would indicate the NIMs have actually declined, right, compared to the first quarter of last year.

Margins & costs

  • And the impact on PAT and NIM will be like this only because whatever we'll be adding will be nearly 100 bps or even more than that kind of margin.
  • And whatever will be deducted from my AUM will be 35 bps or 40 bps margin things.

Capex & expansion

  • And at the same time, diversification and asset acquisition in the other sectors, which are linked with the railways will continue.
  • Coming to question number two, the table that you are talking about, all these INR92,799 crores assets were greenfield assets, including some brownfield also, which we entered into agreement last year.

Balance sheet & cash

  • Challenges were daunting, but we knew our strength, a very pristine balance sheet, strength of very low overhead cost and strength of able to raise borrowings at a very attractive rate, better than anybody else in the country.
  • IRFC leverages this money, makes a bigger kitty and it gives a bespoke solution to every customer in the whole of government approach.

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