Indian Railway Finance Corporation Ltd

Indian Railway Finance Corporation Ltd

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About

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]

Key Points

Business Overview
The company serves as the funding arm of Indian Railways, mobilizing funds from domestic and overseas capital markets. IRFC is a Mini Ratna I and Schedule 'A' Public Sector Enterprise under the administrative control of the Ministry of Railways, Government of India. It is also registered as a Systemically Important Non-Deposit Taking NBFC and Infrastructure Finance Company. [1]

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Pros

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

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Quarterly Results

Figures in Rs. Crores

Operating Profit
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Raw PDF

Profit & Loss

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Balance Sheet

Figures in Rs. Crores

Equity Capital
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Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
86.36% 86.36% 86.36% 86.36% 86.36% 86.36% 86.36% 86.36% 86.36% 86.36% 86.36% 86.36%
1.06% 1.09% 1.12% 1.02% 1.05% 1.01% 1.15% 1.14% 1.14% 1.15% 1.08% 1.11%
3.18% 3.20% 3.18% 3.25% 3.39% 2.97% 2.62% 2.02% 1.63% 1.15% 0.89% 1.08%
9.40% 9.34% 9.33% 9.36% 9.19% 9.66% 9.87% 10.49% 10.88% 11.34% 11.68% 11.45%
No. of Shareholders 14,77,21215,19,48715,15,22614,90,30214,59,49716,05,72616,34,91918,05,74027,03,00032,51,99345,26,34151,08,893

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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