Indian Railway Finance Corporation Ltd (IRFC)
₹73.37
Mkt cap
₹95,833 Cr
P/E ratio
13.00
P/B
1.58
Div yield
2.86%
ROE
12.80%
ROCE
5.64%
EPS (TTM)
₹5.64
Book value
₹46
52W range
73–137
Sector
Financial Services
Price history
Previous close
Incorporated in 1986, Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease [1]
NSE IRFCBSE 543257
Health check
Cautious
ValuationFair
ProfitabilityWeak
TechnicalsBearish
52-week range
−46.51% from high₹73
₹73+0.44% from low₹137
Current
₹73.37
Prev close
₹75.71
Day
−3.09%
Price performance
1D
−3.09%
1W
−1.45%
1M
−8.58%
3M
−17.49%
6M
−30.18%
1Y
−41.36%
YTD
−42.89%
Financials
Revenue, profit & margin
P/E ratio
13.0×
IRFC is 4% below the sector median of 13.6×
IRFC13.0×
Sector median13.6×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,761 | 6,737 | 6,475 | 6,766 | 6,900 | 6,763 | 6,723 | 6,915 | 6,372 | 6,661 | 7,336 | 8,261 | 7,866 | |
| Interest | 5,181 | 5,104 | 4,725 | 5,155 | 5,249 | 5,095 | 4,996 | 5,124 | 4,544 | 4,812 | 5,524 | 6,421 | 5,917 | |
| Expenses | 34 | 35 | 34 | 33 | 38 | 39 | 44 | 47 | 49 | 104 | 118 | 42 | 47 | |
| Financing Profit | 1,546 | 1,597 | 1,716 | 1,578 | 1,613 | 1,629 | 1,683 | 1,744 | 1,778 | 1,746 | 1,694 | 1,798 | 1,902 | |
| Financing Margin % | 23% | 24% | 26% | 23% | 23% | 24% | 25% | 25% | 28% | 26% | 23% | 22% | 24% | |
| Other Income | 1 | 3 | 3 | 0 | 1 | 3 | 1 | 3 | 0 | 58 | -7 | 130 | 58 | |
| Depreciation | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | |
| Profit before tax | 1,545 | 1,599 | 1,717 | 1,577 | 1,613 | 1,631 | 1,682 | 1,746 | 1,777 | 1,802 | 1,684 | 1,927 | 1,958 | |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | 1,545 | 1,599 | 1,717 | 1,577 | 1,613 | 1,631 | 1,682 | 1,746 | 1,777 | 1,802 | 1,684 | 1,927 | 1,958 | |
| EPS in Rs | 1.18 | 1.22 | 1.31 | 1.21 | 1.23 | 1.25 | 1.29 | 1.34 | 1.36 | 1.38 | 1.29 | 1.47 | 1.50 | |
| Gross NPA % | ||||||||||||||
| Net NPA % | ||||||||||||||
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.37% · closed higher next day 10 of last 22
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26† | Q3FY26 | Q4FY26 | Q1FY27† | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 9 Feb '24◦ | 20 May '24◦ | 12 Aug '24◦ | 4 Nov '24◦ | 20 Jan '25 | 28 Apr '25 | 22 Jul '25◦ | 15 Oct '25◦ | 19 Jan '26 | 14 May '26 | 30 Jul '26 | 15 Oct '26 |
| Earnings day | −13.50% | +3.58% | −1.58% | −1.17% | +0.35% | −1.27% | +3.12% | +0.29% | −1.06% | −1.27% | −0.24% | +1.71% |
| +1 day | −0.16% | +1.39% | −2.98% | +0.50% | −2.60% | −1.45% | +3.73% | +0.16% | −4.96% | −2.58% | +0.02% | −0.58% |
| +5 days | +3.22% | +4.04% | −2.18% | −5.17% | −6.25% | −6.55% | +0.48% | −0.63% | −6.20% | −3.26% | +0.18% | −5.70% |
| +15 days | −5.30% | +1.70% | −4.63% | +0.10% | −8.73% | +6.14% | −3.92% | −3.01% | −5.51% | −4.94% | −2.98% | — |
| +30 days | −7.06% | +1.86% | −14.97% | −0.26% | −23.98% | +12.76% | −5.59% | −5.97% | −20.01% | −10.71% | −9.03% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 1.15 Per Share | 1.15 | 23 Oct '26 | 23 Oct '26 |
Shareholding
as of Sep 202682.90%Promoter
Promoters82.90%
FIIs1.15%0.02
DIIs3.96%0.02
Public11.99%0.05
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Power Fin.Corpn. | ₹313.60 | 3.98 | 1,03,588 | 5.92% | 8,998 | +2.12% | 28,527 | −0.04% | 9.71% |
| I R F C | ₹73.37 | 13.00 | 95,833 | 2.86% | 1,958 | +10.21% | 7,866 | +23.45% | 5.64% |
| REC Ltd | ₹285.60 | 4.96 | 74,990 | 6.50% | 3,478 | −21.23% | 15,000 | −1.00% | 9.71% |
| H U D C O | ₹143.07 | 6.73 | 28,647 | 4.23% | 851 | +35.05% | 3,717 | +26.55% | 8.41% |
| Indian Renewable | ₹99.50 | 14.15 | 27,869 | 1.36% | 554 | +0.96% | 2,344 | +13.94% | 8.69% |
| IFCI | ₹54.67 | 82.13 | 14,730 | 0.00% | 60 | −17.40% | 327 | −19.68% | 4.90% |
| Tour. Fin. Corp. | ₹157.92 | 47.38 | 7,303 | 0.38% | 61 | +100.29% | 81 | +27.17% | 11.13% |
| Median: 8 Co. | ₹121.28 | 13.57 | 28,258 | 2.11% | 703 | +1.54% | 3,030 | +13.94% | 8.55% |
Filings
Annual reports6
Concall transcripts42
TranscriptOct 2026RECOct 2026TranscriptJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptNov 2024PPTNov 2024TranscriptMay 2024
Credit ratings6
Announcements5
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 23 Oct - Delhi GST authority passed nil-demand order, dropping ₹549.32 crore SCN against IRFC.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 22 Oct - Announcement under Regulation 30 (LODR) - Earnings Call Transcript for Q2 and Half Year ended 30.09.2026Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Oct - Announcement under Regulation 30(LODR)- Newspaper Publication- Un-audited Financial Results for Q2 and Half Year ended 30.09.2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 16 Oct - Audio recording of post-results analyst call for quarter and half year ended 30 September 2026 uploaded.Board Announced Record Date For Interim Dividend I.E., 23Rd October 2026 15 Oct - IRFC approved Q2/H1 FY27 unaudited results, declared Rs 1.15 interim dividend, record date 23 Oct 2026.