Error message

Notice: Undefined index: current_date in Drupal\futures_option\Controller\FuturesController->getOptionData() (line 398 of modules/custom/futures_option/src/Controller/FuturesController.php).
IRFC
₹205.77
-0.05 (-0.02%)
21 July, 2024 23:57 BSE: 543257 NSE: IRFCISIN: INE053F01010

Start SIP in IRFC

Start SIP

IRFC Performance

Day Range

  • Low 201
  • High 211
₹ 205

52 Week Range

  • Low 33
  • High 229
₹ 205
  • Open Price201
  • Previous Close206
  • Volume124381385

IRFC Share Price

  • Over 1 Month +19.43%
  • Over 3 Month +45.94%
  • Over 6 Month +16.75%
  • Over 1 Year +518.86%

IRFC Key Statistics

P/E Ratio 41.8
PEG Ratio 29.1
Market Cap Cr
Price to Book Ratio 5.5
EPS 4.9
Dividend 0.7
Relative Strength Index 63.86
Money Flow Index 72.39
MACD Signal 8.35
Average True Range 9.95
IRFC Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 6,4736,7426,7666,6796,236
Operating Expenses Qtr Cr 3435333546
Operating Profit Qtr Cr 6,4396,7066,7326,6506,189
Depreciation Qtr Cr 21243
Interest Qtr Cr 4,7255,1045,1815,0914,895
Tax Qtr Cr 00000
Net Profit Qtr Cr 1,7171,6041,5501,5571,328
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 26,65623,933
Operating Expenses Annual Cr 133134
Operating Profit Annual in Cr 26,51223,757
Depreciation Cr 914
Interest Annual Cr 20,10117,447
Tax Annual Cr 00
Net Profit Annual Cr 6,4126,337
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 7,914-28,584
Cash from Investing Activity Annual Cr -80
Cash from Financing Annual Activity Cr -8,04628,643
Net Cash Flow Annual Cr -14060
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 49,17945,470
Fixed Assets Annual Cr 2619
Total Non Current Assets Annual Cr 12,18214,743
Total Current Assets Annual Cr 472,901476,403
Total Assets Annual Cr 485,082491,147
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 3835
ROE Annual % 1314
ROCE Annual % 539
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 100100
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

IRFC Technicals

EMA & SMA

Current Price
₹205.77
-0.05 (-0.02%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹194.75
  • 50 Day
  • ₹180.64
  • 100 Day
  • ₹164.55
  • 200 Day
  • ₹137.54
  • 20 Day
  • ₹190.10
  • 50 Day
  • ₹178.92
  • 100 Day
  • ₹162.30
  • 200 Day
  • ₹132.62

IRFC Resistance and Support

PIVOT
₹205.99
Resistance
First Resistance 211.27
Second Resistance 216.76
Third Resistance 222.05
RSI 63.86
MFI 72.39
MACD Single Line 8.35
MACD 10.13
Support
First Support 200.49
Second Support 195.20
Third Supoort 189.71

IRFC Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 101,993,924 2,621,243,847 25.7
Week 174,390,580 4,310,935,131 24.72
1 Month 103,374,555 2,832,462,816 27.4
6 Month 84,070,594 2,294,286,522 27.29

IRFC Result Highlights

IRFC Synopsis

NSE-Finance-Investment Mgmt

Indian Railway Fin is involved in the business activities of Financial Leasing. Company’s Total Operating Revenue is Rs. 23891.83 Cr. and Equity Capital is Rs. 13068.51 Cr. for the Year ended 31/03/2023. Indian Railway Finance Corporation Ltd. is a Public Limited Listed company incorporated on 12/12/1986 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L65910DL1986GOI026363 and registration number is 026363.
Market Cap 268,911
Sales 26,660
Shares in Float 182.96
No of funds 173
Yield 0.73
Book Value 5.47
U/D Vol ratio 2.1
LTDebt / Equity 475
Alpha 0.56
Beta 2.19

IRFC Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 86.36%86.36%86.36%86.36%
Mutual Funds 0.55%0.18%0.4%0.5%
Insurance Companies 0.52%0.71%0.75%1.12%
Foreign Portfolio Investors 1.11%1.08%1.15%1.14%
Financial Institutions/ Banks 0.01%
Individual Investors 10.8%10.98%10.55%10.09%
Others 0.65%0.69%0.79%0.79%

IRFC Management

Name Designation
Mrs. Shelly Verma Chairman & Managing Director
Mrs. Sheela Pandit Non Official Independent Director
Mr. Vallabhbhai Maneklal Patel Non Official Independent Director
Mr. Baldeo Purushartha Government Nominee Director
Mr. Bhaskar Choradia Government Nominee Director

IRFC Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

IRFC Corporate Action

Date Purpose Remarks
2024-05-20 Audited Results & Final Dividend
2024-02-09 Quarterly Results
2023-11-02 Quarterly Results & Interim Dividend
2023-08-11 Quarterly Results
2023-05-25 Audited Results & Final Dividend (Revised) per share(10.5%)Interim Dividend
Date Purpose Remarks
2023-11-10 INTERIM Rs.0.80 per share(8%)Interim Dividend
2023-09-15 FINAL Rs.0.70 per share(7%)Final Dividend
2022-11-18 INTERIM Rs.0.80 per share(8%)Interim Dividend (RD Revised)
2022-09-16 FINAL Rs.0.63 per share(6.3%)Final Dividend
2021-11-11 INTERIM Rs.0.77 per share(7.7%)Interim Dividend

About IRFC

Indian Railways, the Ministry of Railways, and the Government of India own the Indian Railway Finance Corporation (IRFC). Across capital markets and other borrowings, it generates funds for expansion and operation. 

The ultimate focus of IRFC is to use market borrowings to cover the majority of the Indian Railways' 'Extra Budgetary Resources (EBR) requirements with the most competitive prices and conditions. The Company's primary activity is to borrow money from the financial markets to support the purchase or construction of assets that are subsequently leased to the Indian Railways. As of March 31, 2017, IRFC's total funding to the rail industry had surpassed INR 1.80 lakh crore and is on track to exceed INR 2.20 lakh crore by the end of March 2018. 

The funds will purchase rolling stock and improve infrastructure. It has so far sponsored the purchase of 8998 locomotives, 47910 passenger coaches, and 2,14,456 waggons, accounting for around 70% of Indian Railways' entire rolling equipment fleet. Since 2011-12, IRFC has been involved in financing railway projects and performance improvement initiatives. By 2019-20, the Company would also be responsible for financing Railway Projects via Institutional Finance to INR 1.50 lakh crore. 

Rail Vikas Nigam Limited (RVNL), RailTel, Konkan Railway Corporation Limited (KRCL), Pipavav Railway Corporation Limited (PRCL), and other organizations in the railway sector have received IRFC loans. IRFC's constant effort to broaden its lending portfolio in terms of instruments, markets, and investors has resulted in the Company meeting its aimed borrowings year after year through the issuance of both taxable and tax-free bonds, term loans from banks/financial institutions, and offshore borrowings, all at competitive market rates. 
 

OBJECTIVES

1. Generate funds via market borrowings from local and international capital markets at the most competitive rates and conditions, following the Ministry of Railways' yearly objectives.
2. To investigate the use of new and diversified vehicles for obtaining cash to lower the company's borrowing costs.
3. To provide finance promptly for the procurement of Rolling Stock assets for MOR's usage.
4. MOR's large scale and various operations enable it to efficiently deliver customised professional services at a competitive cost, one of its commercial advantages.
5. To look into the prospect of CPSEs and other organisations being able to fund the construction of rail infrastructure to ensure future development and profitability.
6. Use derivatives and other developing products wisely for risk mitigation at the right time and right price.

IRFC follows the above-mentioned objectives to make itself one of the country's leading financial service companies. To become a company that gathers funds from the capital market at a low cost to enhance railway plan finances and guarantee that the Corporation generates the most profit possible.

Indian Railway Finance Corporation Limited was established as a public limited company on December 12, 1986. On December 23, 1986, the RoC issued the Company a certificate of the beginning of the operation. The MCA categorised the Company as a Public Financial Institution under Section 4(A) of the Companies Act 1956 (currently specified in Section 2(72) of the Companies Act 2013) in a notification dated October 8, 1993. Following that, the Company was incorporated with the RBI under Section 45-IA of the RBI Act to operate as a non-banking financial institution that does not take public deposits, with a registration certificate bearing No.14.00013 dated February 16, 1998.

The RBI categorised the firm as a non-deposit taking asset financing non-banking financial company via a new registration certificate bearing No.14.00013 dated March 17, 2008. Following that, RBI reclassified the company as an NBFC-ND-IFC by a revised certificate number B-14.00013 dated November 22, 2010.

Its primary business is financing the procurement of rolling stock assets, which include both powered and unpowered vehicles such as locomotives, coaches, waggons, trucks, flats, electric multiple units containers, cranes trollies of all kinds, and other rolling stock components as identified in the Standard Lease Agreement (collectively 'Rolling Stock Assets'), as well as renting of railway infrastructure assets and national projects of the Government of India (collectively 'P'). 

The Company is in charge of raising funds required for such initiatives. The firm has contributed significantly to the capacity improvement of the Indian Railways over the previous three decades by funding a percentage of its yearly plan expenditure.

The Company is designated as an "Infrastructure Finance Company" by Section 45-IA of the Reserve Bank of India Act 1934 and registered as an NBFC (Systematically Important) with the Reserve Bank of India. For the Rolling Stock Assets, the Company uses a financial leasing arrangement. Except otherwise agreed upon by mutual consent, the lease length for Rolling Stock Assets is usually 30 years, with the main period of 15 years prompted through the second period of 15 years.

The primary amount applicable to the leased assets and the total average cost of borrowing along with a margin defined by the MOR in collaboration with the firm at the end of each fiscal year is effectively due during the first 15-year lease period. The total average cost of borrowing often includes any charges spent by the corporation on foreign currency hedging costs and/or losses (and profits, if any) and any hedging costs for interest rate fluctuations.

The firm charges the Indian Railways a nominal amount for the next 15 years, subject to adjustment on mutually agreeable circumstances. The Company also uses a leasing strategy for Project Assets, with 30-year lease durations being the norm.

IRFC FAQs

What is Share Price of IRFC ?

IRFC share price is ₹205 As on 21 July, 2024 | 23:43

What is the Market Cap of IRFC ?

The Market Cap of IRFC is ₹268910.6 Cr As on 21 July, 2024 | 23:43

What is the P/E ratio of IRFC ?

The P/E ratio of IRFC is 41.8 As on 21 July, 2024 | 23:43

What is the PB ratio of IRFC ?

The PB ratio of IRFC is 5.5 As on 21 July, 2024 | 23:43

What is IRFC?

Indian Railway Finance Corporation is owned by Indian Railways, which is part of the Ministry of Railways of the Government of India. Through capital markets and other borrowings, it generates financial resources for expansion and operation. IRFC is an Indian public sector undertaking with a Miniratna/Schedule A status.

Is it profitable to invest in IRFC?

For the third quarter ending December 31, the Indian Railway Finance Corporation (IRFC) recorded a 15% rise in net profit. The IRFC recorded a 15.65% rise in net profit for the nine months ending December 31.

Is it time to accumulate IRFC or exit by booking losses?

On the technical chart, the stock exhibited a little turnaround, but it could not go higher in the most recent session.
So, if you're looking for a multi-bagger, you can get out of the stock. However, you can continue to invest in the company if you desire a fair upside with consistent dividend payments.

How does the IRFC make money?

IRFC borrows money from the market and loans it to Indian Railways for expansion, operational operations, and other objectives based on a government guarantee. Indian Railways will continue to pay interest to the IRFC.

Is there going to be a bonus from IRFC?

So yet, no incentive has been offered by the Indian Railway Finance Corporation. There is no information available for IRFC (Indian Railway Finance Corporation).

Who is the owner of IRFC?

Indian Railways, the Ministry of Railways, and the Government of India own the Indian Railway Finance Corporation (IRFC). It was founded on 12 December 1986, with headquarters in New Delhi, India.

What does IRFC stand for?

Owned by the Indian Railways, IRFC stands for Indian Railway Finance Corporation. Via capital markets and other borrowings, it generates financial resources for expansion and operation.

Q2FY23
Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91