
IRFC - Indian Railway Finance Corporation Share Price
Finance
Valuation | |
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Market Cap | 1.73 LCr |
Price/Earnings (Trailing) | 25.84 |
Price/Sales (Trailing) | 6.32 |
EV/EBITDA | 6.15 |
Price/Free Cashflow | 20.97 |
MarketCap/EBT | 25.87 |
Enterprise Value | 1.67 LCr |
Fundamentals | |
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Revenue (TTM) | 27.31 kCr |
Rev. Growth (Yr) | 2.2% |
Earnings (TTM) | 6.67 kCr |
Earnings Growth (Yr) | 10.7% |
Profitability | |
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Operating Margin | 24% |
EBT Margin | 24% |
Return on Equity | 12.67% |
Return on Assets | 1.36% |
Free Cashflow Yield | 4.77% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
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Price Change 1W | -1.4% |
Price Change 1M | -5.4% |
Price Change 6M | -6.2% |
Price Change 1Y | -28.1% |
3Y Cumulative Return | 86.4% |
Cash Flow & Liquidity | |
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Cash Flow from Investing (TTM) | -10 L |
Cash Flow from Operations (TTM) | 8.23 kCr |
Cash Flow from Financing (TTM) | -2.57 kCr |
Cash & Equivalents | 5.68 kCr |
Free Cash Flow (TTM) | 8.23 kCr |
Free Cash Flow/Share (TTM) | 6.3 |
Balance Sheet | |
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Total Assets | 4.89 LCr |
Total Liabilities | 4.36 LCr |
Shareholder Equity | 52.67 kCr |
Net PPE | 13.8 Cr |
Inventory | 0.00 |
Goodwill | 0.00 |
Capital Structure & Leverage | |
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Debt Ratio | 0.00 |
Debt/Equity | 0.00 |
Interest Coverage | -0.67 |
Interest/Cashflow Ops | 1.4 |
Dividend & Shareholder Returns | |
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Dividend/Share (TTM) | 2.3 |
Dividend Yield | 1.74% |
Shares Dilution (1Y) | 0.00% |
Shares Dilution (3Y) | 0.00% |
Risk & Volatility | |
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Max Drawdown | -32.1% |
Drawdown Prob. (30d, 5Y) | 1.54% |
Risk Level (5Y) | 31.4% |
Latest News and Updates from Indian Railway Finance Corp
Updated Jul 27, 2025
The Bad News
Despite strong quarterly results, IRFC's share price fell by over 2.3%, halting a two-day winning streak.
IRFC's stock is down nearly 11.6% year-to-date and 28% over the past year, indicating bearish market sentiment.
Market reactions to IRFC's performance have been cautious, with analysts divided on stock recommendations.
The Good News
IRFC reported a net profit increase of 10.7% year-on-year, reaching ₹1,746 crore in Q1 FY26.
The company maintained zero non-performing assets and improved its debt-to-equity ratio to 7.44.
IRFC has delivered a remarkable 535% return over the past three years, reflecting its strong long-term performance.
Updates from Indian Railway Finance Corp
Newspaper Publication • 23 Jul 2025 Newspaper Publication of Un-Audited Financial Results for the Quarter ended 30th June, 2025 |
Analyst / Investor Meet • 23 Jul 2025 Investor Meet- outcome |
Press Release / Media Release • 22 Jul 2025 Press release |
General • 18 Jul 2025 Board Comments on the fine levied by the Exchanges |
Analyst / Investor Meet • 16 Jul 2025 Intimation of Investors call with Analyst and Investors on Unaudited Financial results for the Q1/FY 2025-26 |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 10 Jul 2025 Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 10 Jul 2025 Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Latest Earnings Report from Indian Railway Finance Corp
Summary of Indian Railway Finance Corp's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the earnings conference call held on April 29, 2025, the management of Indian Railway Finance Corporation (IRFC) provided an optimistic outlook for the future, highlighting several key forward-looking points.
The profit after tax, net worth, earnings per share (EPS), and debt-equity ratio all showed steady improvement, while the Assets Under Management (AUM) stood at INR 4.6 lakh crores. Management announced a significant shift in business strategy, moving from servicing a single client"”Indian Railways"”to expanding services to multiple clients within the railway ecosystem. This change is expected to drive growth through lower overhead costs and access to less expensive funding sources.
For FY '26, the company has received an initial sanction for INR 60,000 crores in borrowing and has already completed loan transactions exceeding INR 14,000 crores in the first four months of FY '26. Management emphasized that their approach focuses on securing high-quality, A-plus rated assets, minimizing Non-Performing Assets (NPA) risk.
The management is also eager to engage in Public-Private Partnership (PPP) projects as budget announcements point to new opportunities in this space. There's an expectation that their diversified business model will yield significant growth, with the company poised to leverage a market size estimated at INR 2.5 lakh crores associated with linked projects.
Additionally, management indicated that while the AUM may fluctuate due to repayments (estimates range between INR 10,000 crore to INR 20,000 crore annually), the focus remains on disbursements and loan sanctions as key growth indicators. Management remains confident that the new direction heralds a future of risk-free business expansion, which aligns with their strategic vision as they aim to achieve Maharatna status in the near future.
Last updated:
Questions and Answers from the Earnings Transcript
Question 1: "For FY '26, how should we look at our disbursement number as well as AUM growth? Can we go into non-rail link financing?"
Answer: We are currently bound by our Memorandum of Association, which allows financing only to projects with rail linkages"”this market is worth INR 2.5 lakh crores. For FY '26, our board has approved an initial borrowing of INR 60,000 crores. In April alone, we've disbursed INR 5,000 crores. We will clarify our growth outlook in Q2 or Q3. Ultimately, if we reach INR 30,000 crores disbursed, it rivals what we would achieve solely through Indian Railways.
Question 2: "Do we expect our AUM to increase next year, or will it decline because of rundown from existing loans?"
Answer: The critical indicator is disbursements and sanctions. Increased disbursement will positively impact AUM. If we continue sanctioning and disbursing loans effectively, AUM should show improvement. Thus, our focus remains on these metrics rather than just AUM, which is a culmination of both.
Question 3: "What enables us to win projects? Is it just our access to cheaper rates?"
Answer: We have multiple competitive advantages. Our operational costs are exceptionally low, less than 0.1%, and we maintain a high capital adequacy ratio. Having a single client gives us exposure flexibility. Combined with rapid turnaround times, these factors contribute to our competitive edge, not just low rates.
Question 4: "What refinancing opportunities are we exploring, and how much are we looking at?"
Answer: We're excited about refinancing possibilities, as winning bids leads to instant disbursements. While I can't disclose specific project names yet, many refinancing opportunities are in the pipeline. Given our competitive lending costs, we expect to achieve better margins than with Indian Railways.
Question 5: "Have you completed any refinancing in Q4?"
Answer: Not yet; refinancing projects are in progress. There's interest in several bids, but we won't discuss specifics until agreements are in place. The disbursements will commence instantly once we've won those bids.
Question 6: "Can you quantify cumulative sanctions received apart from Indian Railways?"
Answer: Over the past 40 years, we've worked primarily with Indian Railways. Since diversifying began in Q4 last FY, we've successfully sanctioned INR 14,000 crores.
Question 7: "When can we expect disbursements from these sanctioned amounts?"
Answer: We expect most disbursements to happen this FY. The turnaround for project financing is swift, especially with the renewals we've done, despite some agreements allowing for up to two years for complete disbursement.
Question 8: "What should we expect in terms of AUM repayments for FY '26 and FY '27?"
Answer: AUM repayments will be stable, mainly due to our 15-year repayment structure with Indian Railways. You can expect around INR 10,000 to 20,000 crores annually in repayments during this timeframe.
Share Holdings
Understand Indian Railway Finance Corp ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
Shareholder Name | Holding % |
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PRESIDENT OF INDIA ACTING THROUGH MoR | 86.36% |
Life Insurance Corporation Of India | 1.1% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is Indian Railway Finance Corp Better than it's peers?
Detailed comparison of Indian Railway Finance Corp against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
PFC | Power Finance Corp | 1.37 LCr | 1.07 LCr | +0.50% | -20.90% | 5.96 | 1.29 | - | - |
RECLTD | REC | 1.06 LCr | 58.17 kCr | +0.60% | -34.10% | 6.26 | 1.81 | - | - |
HUDCO | Housing &Urban Development Corp | 43.77 kCr | 10.35 kCr | -8.80% | -31.00% | 16.15 | 4.23 | - | - |
IREDA | Indian Renewable Energy Development Agency | 43.05 kCr | 7.2 kCr | -10.70% | -41.30% | 26.42 | 5.98 | - | - |
LICHSGFIN | Lic Housing Finance | 33.38 kCr | 28.11 kCr | -0.50% | -20.90% | 6.13 | 1.19 | - | - |
Sector Comparison: IRFC vs Finance
Comprehensive comparison against sector averages
Comparative Metrics
IRFC metrics compared to Finance
Category | IRFC | Finance |
---|---|---|
PE | 25.84 | 17.57 |
PS | 6.32 | 3.26 |
Growth | 2.1 % | 10.7 % |
Performance Comparison
IRFC vs Finance (2022 - 2025)
- 1. IRFC is among the Top 5 Finance companies by market cap.
- 2. The company holds a market share of 2.8% in Finance.
- 3. In last one year, the company has had a below average growth that other Finance companies.
Income Statement for Indian Railway Finance Corp
Balance Sheet for Indian Railway Finance Corp
Cash Flow for Indian Railway Finance Corp
What does Indian Railway Finance Corporation do?
Indian Railway Finance Corporation (IRFC) is a prominent financial institution specializing in the leasing of rolling stock and railway infrastructure assets within India.
With a market capitalization of Rs. 167,394.4 Crores, the company plays a vital role in the financial landscape by engaging in lending activities and sourcing funds from financial markets to facilitate the acquisition and creation of assets that are leased to the Indian Railways.
Established in 1986 and headquartered in New Delhi, IRFC operates as a non-deposit taking non-banking financial institution focused on infrastructure finance.
In the last 12 months, IRFC reported a revenue of Rs. 27,156.4 Crores, demonstrating significant profitability with a net profit of Rs. 6,502 Crores over the past four quarters. The company also rewards its investors through dividends, offering a yield of 1.8% per year, with a recent distribution of Rs. 2.3 per share.
Notably, IRFC has experienced robust revenue growth of 33.7% over the past three years, solidifying its status as a key player in India's financial and railway sector.