NSE: IRFC · BSE: 543257 · ISIN INE053F01010
Indian Railway Finance Corporation Limited stock analysis
Indian Railway Finance Corporation Limited ranks #3184 in the TickerSutra evidence-ranked universe with a score of 42/100 and 95% data confidence. The latest captured fundamentals show ROCE of 5.6%, quarterly sales growth of 19.5% and quarterly profit growth of 10.4%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹20,299cr | ₹6,102cr | ₹6,090cr | 30.0% |
| 2023 | ₹23,892cr | ₹6,310cr | ₹6,337cr | 26.0% |
| 2024 | ₹26,650cr | ₹6,415cr | ₹6,412cr | 24.0% |
| 2025 | ₹27,153cr | ₹6,504cr | ₹6,502cr | 24.0% |
| 2026 | ₹27,285cr | ₹6,962cr | ₹7,009cr | 26.0% |
| TTM | ₹28,630cr | ₹7,016cr | ₹7,191cr | 24.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Record Date Updates
RoutineDisclosure Under Regulation 51NSE · 28 Sept 2026Disclosure Under Regulation 51
RoutineIndian Railway Finance Corporation Ltd - 543257 - Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseBSE · 28 Sept 2026Press Release - IRFC signs Rs. 4,200 crore Loan Agreement with DVC for Renewable Energy Projects
RoutinePress ReleaseNSE · 28 Sept 2026Indian Railway Finance Corporation Limited has informed the Exchange regarding a press release dated September 28, 2026, titled "IRFC signs Rs 4.200 crore Loan Agreement with DVC for RenewableEnergy Projects".
RoutineTrading WindowBSE · 25 Sept 2026Indian Railway Finance Corporation Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
MANAGEMENT COMMENTARY
Signals from filed documents
This is answer to question number one. 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. Now for any greenfield projects, funding is not done in the same year.
Through this approach, we aim to support sustainable growth and create long-term value for stakeholders. Diversifying the borrowing portfolio We raise funds through a diversified borrowing mix across domestic and international markets. A diversified borrowing profile enhances funding flexibility, broadens the investor base and supports long-term financing requirements.
Also, regional supply reliability improved, electricity reached nearly all households, and capacity expansion matched rising demand as peak power demand reached around 256.1 GW during the year, reflecting a significant improvement in supply adequacy.9 Strong policy backing continues to support the sector through initiatives like the Revamped Distribution Sector Scheme, which carries an outlay of ₹3.03 lakh crore 10 t
[P3]: The Company has adopted various employee-oriented policies in line with the general laws and regulations and sound ethical practices. Such policies are normally approved by the Board of Directors and are accessible to the employees of the Company. Our ESG policy is available at https://irfc.co.in/sites/default/files/inline-files/ESG%20POLICY .pdf Further, the Company has adopted an Equal Opportunity Policy to p
01.05.2025 or till assumption of charge of the post by the regular incumbent or until further orders, whichever is the earliest. 2019/E(O)II/40/8 dated 24.04.2026, Ministry of Railways, has informed that pending approval of Competent Authority, has decided that Shri. Randhir Sahay, IRAS will continue to hold the additional charge of the post of Director (Finance), IRFC until further orders.
The facility of participation at AGM through VC/OAVM will be made available for 1000 members on first come first serve basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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