IRFC
Indian Railway Finance Corporation Limited (IRFC) Stock Analysis
Indian Railway Finance Corporation Limited raises funds and lends to Indian Railways for rolling stock and infrastructure. It issues bonds and provides lease finance to the rail system. The company has minimal credit risk due to sovereign-linked flows. It is a listed rail-finance PSU.
Financial Services › Credit Services
₹80.20
+7.43% 1W | -36.10% 52W
Market Cap
104.9k CR
P/E Ratio
14.2
52W High
₹137.2
52W Low
₹74.1
Div. Yield
2.66%
Beta
0.3
50 DMA
₹81.9
200 DMA
₹95.9
Profit Margin
97.3%
Inst. Own.
4.9%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,679 | 6,761 | 6,737 | 6,475 | 6,766 | 6,900 | 6,763 | 6,723 | 6,915 | 6,372 | 6,661 | 7,336 | 8,261 |
| Interest | 5,091 | 5,181 | 5,104 | 4,725 | 5,155 | 5,249 | 5,095 | 4,996 | 5,124 | 4,544 | 4,812 | 5,524 | 6,421 |
| Expenses | 29 | 34 | 35 | 34 | 33 | 38 | 39 | 44 | 47 | 49 | 104 | 118 | 42 |
| Financing Profit | 1,559 | 1,546 | 1,597 | 1,716 | 1,578 | 1,613 | 1,629 | 1,683 | 1,744 | 1,778 | 1,746 | 1,694 | 1,798 |
| Financing Margin % | 23% | 23% | 24% | 26% | 23% | 23% | 24% | 25% | 25% | 28% | 26% | 23% | 22% |
| Other Income | 2 | 1 | 3 | 3 | 0 | 1 | 3 | 1 | 3 | 0 | 58 | -7 | 130 |
| Depreciation | 4 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Profit before tax | 1,557 | 1,545 | 1,599 | 1,717 | 1,577 | 1,613 | 1,631 | 1,682 | 1,746 | 1,777 | 1,802 | 1,684 | 1,927 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 1,557 | 1,545 | 1,599 | 1,717 | 1,577 | 1,613 | 1,631 | 1,682 | 1,746 | 1,777 | 1,802 | 1,684 | 1,927 |
| EPS in Rs | 1.19 | 1.18 | 1.22 | 1.31 | 1.21 | 1.23 | 1.25 | 1.29 | 1.34 | 1.36 | 1.38 | 1.29 | 1.47 |
| Gross NPA % | |||||||||||||
| Net NPA % |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,939 | 7,507 | 9,047 | 9,267 | 11,134 | 13,421 | 15,771 | 20,299 | 23,892 | 26,650 | 27,153 | 27,285 | 28,630 |
| Interest | 4,992 | 5,519 | 6,888 | 6,638 | 8,183 | 10,163 | 11,237 | 14,075 | 17,447 | 20,101 | 20,495 | 20,005 | 21,302 |
| Expenses | 34 | 38 | 26 | 38 | 48 | 66 | 113 | 123 | 134 | 133 | 154 | 318 | 313 |
| Financing Profit | 1,914 | 1,950 | 2,133 | 2,592 | 2,902 | 3,192 | 4,420 | 6,102 | 6,310 | 6,415 | 6,504 | 6,962 | 7,016 |
| Financing Margin % | 28% | 26% | 24% | 28% | 26% | 24% | 28% | 30% | 26% | 24% | 24% | 26% | 24% |
| Other Income | 1 | 1 | 0 | 1 | -0 | 0 | 0 | 2 | 41 | 6 | 4 | 53 | 181 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 14 | 14 | 9 | 5 | 6 | 6 |
| Profit before tax | 1,914 | 1,950 | 2,133 | 2,592 | 2,902 | 3,192 | 4,416 | 6,090 | 6,337 | 6,412 | 6,502 | 7,009 | 7,191 |
| Tax % | 60% | 56% | 56% | 21% | 22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | 758 | 849 | 934 | 2,055 | 2,255 | 3,192 | 4,416 | 6,090 | 6,337 | 6,412 | 6,502 | 7,009 | 7,191 |
| EPS in Rs | 2.12 | 1.87 | 1.43 | 3.15 | 2.40 | 2.69 | 3.38 | 4.66 | 4.85 | 4.91 | 4.98 | 5.36 | 5.50 |
| Dividend Payout % | 20% | 40% | 40% | 18% | 18% | 0% | 31% | 30% | 31% | 31% | 32% | 39% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 5.0% | 12.0% | 14.0% |
| Profit CAGR | 3.0% | 10.0% | 24.0% |
Shareholding Pattern
Promoters86.36%
FIIs0.97%
DIIs1.48%
Public11.17%
Promoters86.36%
FIIs0.98%
DIIs1.54%
Public11.10%
Promoters84.65%
FIIs1.16%
DIIs2.89%
Public11.29%
Promoters82.90%
FIIs1.17%
DIIs3.98%
Public11.94%
Promoters82.90%
FIIs1.15%
DIIs3.96%
Public11.99%
Promoters86.36%
FIIs1.15%
DIIs2.62%
Public9.87%
Promoters86.36%
FIIs1.08%
DIIs0.89%
Public11.68%
Promoters86.36%
FIIs0.98%
DIIs1.34%
Public11.32%
Promoters84.65%
FIIs1.16%
DIIs2.89%
Public11.29%
Promoters82.90%
FIIs1.15%
DIIs3.96%
Public11.99%
IRFC
Holdings Analysis
Key strengths & risk signals
60
Overall
61
Fundamental
59
Technical
Risks (4)
VERY HIGH DEBT! D/E of 7.83 - significant risk.
POOR YEAR! Stock declined 36.1% in the last year.
WEAK POSITION! Current price (80.2) is below both moving averages.
WEAK! Trading at 9.7% of 52W range - near yearly lows.
Strengths (4)
EXCELLENT EFFICIENCY! 97.3% profit margin - company keeps strong profits.
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 10,354,251 vs down days: 9,380,499. Ratio: 1.1x
Fundamental & Technical Analysis
60Overall
61Fundamental
59Technical
Fundamental Breakdown
Growth Quality
10/30
Revenue CAGR: 4.6% (SLOW, 5/15). Profit CAGR: 4.4% (SLOW, 5/15).
Profit Margin
10/10
EXCELLENT EFFICIENCY! 97.3% profit margin - company keeps strong profits.
PEG Valuation
3/10
OVERVALUED! PEG of 3.23 means expensive relative to growth rate.
Dividend Yield
6/10
MODERATE DIVIDEND! 2.66% yield - some income benefit.
Debt to Equity
2/10
VERY HIGH DEBT! D/E of 7.83 - significant risk.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 10.49% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (81.9) is below 200-day average (95.9) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (80.2) is below both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
0/10
POOR YEAR! Stock declined 36.1% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 10,354,251 vs down days: 9,380,499. Ratio: 1.1x
RSI
3/5
NEUTRAL! RSI at 52.3 - balanced momentum.
52W Range
1/5
WEAK! Trading at 9.7% of 52W range - near yearly lows.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 7.4% (1 week), 1.6% (1 month), -9.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
IRFC
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-06 | Concall PDF | |
| Q4FY262026-05-21 | Concall PDF | |
| Q2FY262026-01-27 | Concall PDF | |
| Q1FY262025-10-23 | Concall PDF |
Peer Comparison
Financial Services · Credit Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IRFC | ₹80.20 | 14.2 | 97.3% | 4.6% | 4.4% | -36.1% | 60 | BREAKOUT | +10.4% | +14.4% | +19.4% | +12.4% |
| MUTHOOTFIN | ₹2,598.30 | 9.2 | 55.5% | 38.0% | 43.1% | -22.6% | 65 | CONSOLIDATING DOWN | +38.8% | -16.4% | +27.4% | -14.7% |
| PFC | ₹333.20 | 4.2 | 54.5% | 16.2% | 17.7% | -13.7% | 77 | BREAKOUT | +2.1% | +0.2% | -1.0% | -7.6% |
| RECLTD | ₹307.80 | 5.1 | 68.9% | 14.4% | 13.5% | -17.4% | 68 | BREAKOUT | -6.1% | +24.2% | -14.8% | -17.4% |
| CHOLAFIN | ₹1,574.40 | 23.3 | 40.5% | 32.8% | 25.2% | -4.9% | 70 | APPROACHING RESISTANCE | +45.6% | +0.7% | +27.4% | +2.9% |
| TATACAP | ₹322.80 | 25.3 | 39.7% | 34.5% | – | -2.8% | 61 | APPROACHING SUPPORT | – | +3.0% | +15.3% | +5.7% |
| LTF | ₹253.80 | 18.6 | 33.1% | 6.0% | 32.0% | -1.6% | 60 | BREAKDOWN | – | +7.8% | +21.8% | +9.4% |
| SBICARD | ₹564.20 | 23.6 | 18.2% | 13.5% | -1.4% | -38.7% | 54 | CONSOLIDATING DOWN | +19.5% | +9.0% | +0.7% | 0.0% |
Data from TradeAlone · Updated daily
IRFC News
Indian Railway Finance Corporation Limited Signs Rs 4,200 Crore Loan Agreement with DVC for Renewable Energy Projects2026-09-28Indian Railway Finance Corporation Limited (irfc) Q1 FY27: Revenue Surges 12%, Net Profit Up 17%2026-07-30Indian Railway Finance Corporation Limited (NSE: IRFC) pulls back after breakout, pulls back 5% after2026-06-24Indian Railway Finance Corporation Limited (irfc) Signs Rs 13,527 Cr Refinancing Deal for Hyderabad Metro2026-05-25Indian Railway Finance Corporation Limited (irfc) Raises Jpy-equivalent USD 1.1 Billion ECB2026-05-22Indian Railway Finance Corporation Limited (irfc) Reports Strong Financial Results for Q4 FY26: Net Profit Up 18%2026-05-14
