Indian Railway Finance Corporation (IRFC): Comprehensive Overview
Company Overview
Incorporation: Established in 1986, IRFC is the dedicated financing arm of the Indian Railways.
Objective: It raises funds to meet the capital expenditure requirements of Indian Railways, including procurement of rolling stock, leasing, and financing railway projects.
Ownership: Fully owned by the Government of India.
Sector: Non-Banking Financial Company (NBFC) under infrastructure financing.
Key Financial Metrics
Market Performance:
Market Capitalization: Over ₹1 trillion.
Current Price: Approximately ₹178 (subject to market fluctuations).
52-Week High/Low: ₹229 / ₹27【12】【14】.
Financial Growth (FY23):
Revenue: ₹26,645 crore (up from ₹23,722 crore in FY22).
Net Profit: ₹6,412 crore (increased from ₹6,162 crore).
Return on Equity (ROE): 13.7%.
P/E Ratio: ~36.1x.
Dividend Yield: Consistently pays dividends; recent interim dividend of ₹0.80 per share【12】【14】.
Stock Performance
Recent Performance:
Increased over 220% in the last year, reflecting strong market sentiment and optimism about India's railway infrastructure growth【14】.
near ₹150-160 for a better valuation perspective【14】.
For detailed real-time updates, consult a financial advisor or track IRFC on platforms like NSE, BSE, or fi