Indian Railway Finance Corporation Ltd (IRFC)
₹87.62
Mkt cap
₹1.15L Cr
P/E ratio
16.30
P/B
2.02
Div yield
2.40%
ROE
12.80%
ROCE
5.64%
EPS (TTM)
₹5.38
Book value
₹43
52W range
87–136
Sector
Financial Services
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]
Health check
Cautious
ValuationFair
ProfitabilityWeak
TechnicalsBearish
52-week range
−35.41% from high₹88
₹87+0.68% from low₹136
Current
₹87.62
Prev close
₹87.80
Day
−0.21%
Price performance
1D
−0.21%
1W
−1.24%
1M
−4.52%
3M
−15.69%
6M
−24.55%
1Y
−35.05%
YTD
−31.80%
Financials
FRevenue, profit & margin
P/E ratio
16.3×
IRFC is 5% below the sector median of 17.2×
IRFC16.3×
Sector median17.2×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,194 | 6,679 | 6,761 | 6,737 | 6,475 | 6,766 | 6,900 | 6,763 | 6,723 | 6,915 | 6,372 | 6,661 | 7,336 | |
| Interest | 4,895 | 5,091 | 5,181 | 5,104 | 4,725 | 5,155 | 5,249 | 5,095 | 4,996 | 5,124 | 4,544 | 4,812 | 5,524 | |
| Expenses | 47 | 29 | 34 | 35 | 34 | 33 | 38 | 39 | 44 | 47 | 49 | 104 | 118 | |
| Financing Profit | 1,252 | 1,559 | 1,546 | 1,597 | 1,716 | 1,578 | 1,613 | 1,629 | 1,683 | 1,744 | 1,778 | 1,746 | 1,694 | |
| Financing Margin % | 20% | 23% | 23% | 24% | 26% | 23% | 23% | 24% | 25% | 25% | 28% | 26% | 23% | |
| Other Income | 36 | 2 | 1 | 3 | 3 | 0 | 1 | 3 | 1 | 3 | 0 | 58 | -7 | |
| Depreciation | 3 | 4 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | |
| Profit before tax | 1,285 | 1,557 | 1,545 | 1,599 | 1,717 | 1,577 | 1,613 | 1,631 | 1,682 | 1,746 | 1,777 | 1,802 | 1,684 | |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | 1,285 | 1,557 | 1,545 | 1,599 | 1,717 | 1,577 | 1,613 | 1,631 | 1,682 | 1,746 | 1,777 | 1,802 | 1,684 | |
| EPS in Rs | 0.98 | 1.19 | 1.18 | 1.22 | 1.31 | 1.21 | 1.23 | 1.25 | 1.29 | 1.34 | 1.36 | 1.38 | 1.29 | |
| Gross NPA % | ||||||||||||||
| Net NPA % | ||||||||||||||
| Raw PDF |
Earnings
EResults dates & reactionsNext results
30 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.53% · closed higher next day 8 of last 20
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26† | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 11 Aug '23◦ | 2 Nov '23◦ | 9 Feb '24◦ | 20 May '24◦ | 12 Aug '24◦ | 4 Nov '24◦ | 20 Jan '25 | 28 Apr '25 | 22 Jul '25◦ | 19 Nov '25◦ | 19 Jan '26 | 14 May '26 |
| Earnings day | +3.99% | −1.23% | −13.50% | +3.58% | −1.58% | −1.17% | +0.35% | −1.27% | +3.12% | −0.64% | −1.06% | −1.27% |
| +1 day | +4.81% | −0.34% | −0.16% | +1.39% | −2.98% | +0.50% | −2.60% | −1.45% | +3.73% | −1.46% | −4.96% | −2.58% |
| +5 days | −2.15% | +1.44% | +3.22% | +4.04% | −2.18% | −5.17% | −6.25% | −6.55% | +0.48% | −2.39% | −6.20% | −3.26% |
| +15 days | +47.75% | +3.49% | −5.30% | +1.70% | −4.63% | +0.10% | −8.73% | +6.14% | −3.92% | −6.26% | −5.51% | −4.94% |
| +30 days | +54.19% | +37.03% | −7.06% | +1.86% | −14.97% | −0.26% | −23.98% | +12.76% | −5.59% | +6.31% | −20.01% | −10.71% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 1.05 Per Share | 1.05 | 13 Mar '26 | 13 Mar '26 |
Shareholding
Sas of Jun 202682.90%Promoter
Promoters82.90%1.75
FIIs1.17%0.01
DIIs3.98%1.09
Public11.94%0.65
Ownership trend
Peers
P7 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. | ₹411.90 | 5.25 | 1,36,064 | 4.50% | 8,598 | +10.81% | 28,920 | −1.18% | 9.71% |
| I R F C | ₹87.62 | 16.34 | 1,14,506 | 2.40% | 1,684 | +0.15% | 7,336 | +9.11% | 5.64% |
| REC Ltd | ₹361.60 | 5.93 | 95,204 | 4.98% | 4,193 | −6.11% | 14,435 | −2.05% | 9.71% |
| H U D C O | ₹195.54 | 9.71 | 39,191 | 2.33% | 1,981 | +172.26% | 3,563 | +25.23% | 8.41% |
| Indian Renewable | ₹120.48 | 18.07 | 33,854 | 0.50% | 493 | −1.80% | 2,175 | +14.22% | 8.69% |
| IFCI | ₹70.12 | 102.37 | 18,895 | 0.00% | 34 | −93.52% | 470 | +13.74% | 5.03% |
| Tour. Fin. Corp. | ₹87.27 | 26.22 | 4,041 | 0.69% | 61 | +100.29% | 81 | +27.17% | 11.13% |
| Median: 8 Co. | ₹104.05 | 17.20 | 36,523 | 1.51% | 1,089 | −0.83% | 2,869 | +13.98% | 8.55% |
Filings
DAnnual reports5
Concall transcripts38
TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptNov 2024PPTNov 2024TranscriptMay 2024PPTMay 2024PPTNov 2023TranscriptJun 2023PPTJun 2023
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d - Intimation of Conference Call with Analyst & Investor on Audited Financial Results for the Q1/FY26-27Board Comments On Fine Levied By The Exchanges 2d - IRFC received Rs 9.56 lakh fine for March 2026 board and committee non-compliances; waiver requested.Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Thursday, 30Th July 2026 2d - Board meets 30 July 2026 to approve Q1 FY27 unaudited results; trading window remains closed.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 JulDisclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 30 Jun