About
Indian Railway Finance Corporation Limited engages in leasing of rolling stock and railway infrastructure assets in India. The company also engages in lending business; and borrowing funds from commercial markets, financial markets to finance the acquisition/creation of assets that are leased out to the Indian Railways. Indian Railway Finance Corporation Limited was incorporated in 1986 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap108,991 Cr
P/E15.20
Div Yield2.52 %
Book Value₹43.40
52w High₹137.00
52w Low₹81.30
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 42.00 | 118.00 | 104.00 | 49.00 | 47.00 | 44.00 | 39.00 | 38.00 | 33.00 | 34.00 | 35.00 | 34.00 | 29.00 |
| Other Income | 130.00 | -7.00 | 58.00 | 0.00 | 3.00 | 1.00 | 3.00 | 1.00 | 0.00 | 3.00 | 3.00 | 1.00 | 2.00 |
| Depreciation | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 4.00 |
| Interest | 6,421.00 | 5,524.00 | 4,812.00 | 4,544.00 | 5,124.00 | 4,996.00 | 5,095.00 | 5,249.00 | 5,155.00 | 4,725.00 | 5,104.00 | 5,181.00 | 5,091.00 |
| Profit before tax | 1,927.00 | 1,684.00 | 1,802.00 | 1,777.00 | 1,746.00 | 1,682.00 | 1,631.00 | 1,613.00 | 1,577.00 | 1,717.00 | 1,599.00 | 1,545.00 | 1,557.00 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1,927.00 | 1,684.00 | 1,802.00 | 1,777.00 | 1,746.00 | 1,682.00 | 1,631.00 | 1,613.00 | 1,577.00 | 1,717.00 | 1,599.00 | 1,545.00 | 1,557.00 |
| EPS in Rs | 1.47 | 1.29 | 1.38 | 1.36 | 1.34 | 1.29 | 1.25 | 1.23 | 1.21 | 1.31 | 1.22 | 1.18 | 1.19 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 318.00 | 154.00 | 133.00 | 134.00 | 123.00 | 113.00 | 66.00 | 48.00 | 38.00 | 26.00 | 38.00 | 34.00 |
| Other Income | 53.00 | 4.00 | 6.00 | 41.00 | 2.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 |
| Interest | 20,005.00 | 20,495.00 | 20,101.00 | 17,447.00 | 14,075.00 | 11,237.00 | 10,163.00 | 8,183.00 | 6,638.00 | 6,888.00 | 5,519.00 | 4,992.00 |
| Depreciation | 6.00 | 5.00 | 9.00 | 14.00 | 14.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 7,009.00 | 6,502.00 | 6,412.00 | 6,337.00 | 6,090.00 | 4,416.00 | 3,192.00 | 2,902.00 | 2,592.00 | 2,133.00 | 1,950.00 | 1,914.00 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22.00 | 21.00 | 56.00 | 56.00 | 60.00 |
| Net Profit | 7,009.00 | 6,502.00 | 6,412.00 | 6,337.00 | 6,090.00 | 4,416.00 | 3,192.00 | 2,255.00 | 2,055.00 | 934.00 | 849.00 | 758.00 |
| EPS in Rs | 5.36 | 4.98 | 4.91 | 4.85 | 4.66 | 3.38 | 2.69 | 2.40 | 3.15 | 143.08 | 187.50 | 211.58 |
| Dividend Payout % | 39.00 | 32.00 | 31.00 | 31.00 | 30.00 | 31.00 | 0.00 | 18.00 | 18.00 | 40.00 | 40.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13,069.00 | 13,069.00 | 13,069.00 | 13,069.00 | 13,069.00 | 13,069.00 | 11,880.00 | 9,380.00 | 6,526.00 | 6,526.00 | 4,526.00 | 3,584.00 |
| Reserves | 43,680.00 | 39,599.00 | 36,110.00 | 32,402.00 | 27,928.00 | 22,845.00 | 18,419.00 | 15,648.00 | 7,402.00 | 5,483.00 | 6,999.00 | 5,098.00 |
| Other Liabilities | 23,457.00 | 24,034.00 | 23,865.00 | 26,742.00 | 20,544.00 | 21,423.00 | 10,828.00 | 7,642.00 | 13,534.00 | 11,245.00 | 9,372.00 | 7,696.00 |
| Total Liabilities | 516,676.00 | 488,835.00 | 485,082.00 | 491,147.00 | 449,980.00 | 380,482.00 | 275,504.00 | 206,604.00 | 161,468.00 | 129,650.00 | 108,400.00 | 87,647.00 |
| Fixed Assets | 18.00 | 18.00 | 22.00 | 19.00 | 38.00 | 45.00 | 11.00 | 11.00 | 11.00 | 12.00 | 12.00 | 12.00 |
| CWIP | 10.00 | 4.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 28.00 | 38.00 | 54.00 | 14.00 | 10.00 | 12.00 | 12.00 | 13.00 | 14.00 | 8.00 | 8.00 | 9.00 |
| Other Assets | 516,620.00 | 488,775.00 | 485,003.00 | 491,114.00 | 449,932.00 | 380,424.00 | 275,482.00 | 206,579.00 | 161,443.00 | 129,630.00 | 108,381.00 | 87,626.00 |
| Total Assets | 516,676.00 | 488,835.00 | 485,082.00 | 491,147.00 | 449,980.00 | 380,482.00 | 275,504.00 | 206,604.00 | 161,468.00 | 129,650.00 | 108,400.00 | 87,647.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -27,026.00 | 8,230.00 | 7,914.00 | -28,584.00 | -64,412.00 | -89,907.00 | -62,701.00 | -41,748.00 | -28,076.00 | -19,455.00 | -16,378.00 |
| Cash from Investing Activity | -3.00 | 0.00 | -8.00 | 0.00 | -5.00 | 0.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 |
| Cash from Financing Activity | 21,560.00 | -2,572.00 | -8,046.00 | 28,643.00 | 64,266.00 | 90,202.00 | 62,697.00 | 41,749.00 | 28,075.00 | 18,250.00 | 17,582.00 |
| Net Cash Flow | -5,469.00 | 5,658.00 | -140.00 | 60.00 | -151.00 | 296.00 | -2.00 | 3.00 | 0.00 | -1,204.00 | 1,206.00 |
| Free Cash Flow | -27,030.00 | 8,229.00 | 7,906.00 | -28,585.00 | -64,419.00 | -89,907.00 | -62,701.00 | -41,749.00 | -28,076.00 | -19,455.00 | -16,378.00 |
| CFO/OP % | -100.00 | 31.00 | 30.00 | -120.00 | -319.00 | -572.00 | -465.00 | -371.00 | -298.00 | -211.00 | -213.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|
Corporate Actions
15 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 13 Mar 2026 | 13 Mar 2026 | — | 1.05 | |
| Dividend | 24 Oct 2025 | 24 Oct 2025 | — | 1.05 | |
| Dividend | 21 Mar 2025 | 21 Mar 2025 | — | 0.80 | |
| Dividend | 12 Nov 2024 | 12 Nov 2024 | — | 0.80 | |
| Other | 23 Aug 2024 | — | — | — | Annual General Meeting |
| Dividend | 22 Aug 2024 | 22 Aug 2024 | — | 0.70 | |
| Dividend | 10 Nov 2023 | 10 Nov 2023 | — | 0.80 | |
| Dividend | 15 Sep 2023 | 15 Sep 2023 | — | 0.70 | |
| Other | 15 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 17 Nov 2022 | 18 Nov 2022 | — | 0.80 | |
| Dividend | 15 Sep 2022 | 16 Sep 2022 | — | 0.63 | |
| Other | 15 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 10 Nov 2021 | 11 Nov 2021 | — | 0.77 | |
| Other | 23 Sep 2021 | — | — | — | Annual General Meeting |
| Dividend | 17 Feb 2021 | 20 Feb 2021 | — | 1.05 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update9 Jul from care
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Rating update14 Apr from care
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Rating update1 Apr from crisil
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Rating update31 Mar from icra
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Rating update8 Jul 2025 from care
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Rating update15 May 2025 from icra