Shares of Indian Railway Finance Corporation gained 2.33% to trade at Rs 123.35 in early trade on Tuesday. The stock is a constituent of the Nifty Next 50 index.
The following table presents key financial figures for Indian Railway Finance Corporation.
Particulars
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 27,152 Crore
Rs 26,645 Crore
Rs 23,891 Crore
Rs 20,299 Crore
Rs 15,770 Crore
Other Income
Rs 3 Crore
Rs 10 Crore
Rs 40 Crore
Rs 2 Crore
Rs 0 Crore
Total Income
Rs 27,156 Crore
Rs 26,655 Crore
Rs 23,932 Crore
Rs 20,301 Crore
Rs 15,770 Crore
Total Expenditure
Rs 159 Crore
Rs 142 Crore
Rs 148 Crore
Rs 136 Crore
Rs 117 Crore
EBIT
Rs 26,997 Crore
Rs 26,513 Crore
Rs 23,784 Crore
Rs 20,164 Crore
Rs 15,653 Crore
Interest
Rs 20,495 Crore
Rs 20,101 Crore
Rs 17,447 Crore
Rs 14,074 Crore
Rs 11,237 Crore
Tax
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Profit
Rs 6,502 Crore
Rs 6,412 Crore
Rs 6,337 Crore
Rs 6,089 Crore
Rs 4,416 Crore
The standalone annual sales for the year ending March 2025 stood at Rs 27,152 Crore, up from Rs 26,645 Crore in March 2024. The net profit for the year ending March 2025 was Rs 6,502 Crore compared to Rs 6,412 Crore in March 2024.
Particulars
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
Rs 6,915 Crore
Rs 6,723 Crore
Rs 6,763 Crore
Rs 6,899 Crore
Rs 6,765 Crore
Other Income
Rs 2 Crore
Rs 0 Crore
Rs 2 Crore
Rs 0 Crore
Rs 0 Crore
Total Income
Rs 6,918 Crore
Rs 6,723 Crore
Rs 6,766 Crore
Rs 6,900 Crore
Rs 6,766 Crore
Total Expenditure
Rs 48 Crore
Rs 45 Crore
Rs 40 Crore
Rs 38 Crore
Rs 34 Crore
EBIT
Rs 6,870 Crore
Rs 6,678 Crore
Rs 6,725 Crore
Rs 6,861 Crore
Rs 6,731 Crore
Interest
Rs 5,124 Crore
Rs 4,996 Crore
Rs 5,095 Crore
Rs 5,248 Crore
Rs 5,154 Crore
Tax
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Profit
Rs 1,745 Crore
Rs 1,681 Crore
Rs 1,630 Crore
Rs 1,612 Crore
Rs 1,576 Crore
The standalone quarterly sales for June 2025 stood at Rs 6,915 Crore, up from Rs 6,723 Crore in March 2025. The net profit for the quarter was Rs 1,745 Crore compared to Rs 1,681 Crore in the previous quarter.
Cash Flow From
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 8,229 Crore
Rs 7,914 Crore
Rs -28,583 Crore
Rs -64,412 Crore
Rs -89,906 Crore
Investing Activities
Rs 0 Crore
Rs -7 Crore
Rs 0 Crore
Rs -4 Crore
Rs 0 Crore
Financing Activities
Rs -2,571 Crore
Rs -8,046 Crore
Rs 28,643 Crore
Rs 64,266 Crore
Rs 90,202 Crore
Others
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Net Cash Flow
Rs 5,657 Crore
Rs -139 Crore
Rs 59 Crore
Rs -150 Crore
Rs 295 Crore
Cash flow from operating activities for the year ending March 2025 was Rs 8,229 Crore, compared to Rs 7,914 Crore for the year ending March 2024. The net cash flow stood at Rs 5,657 Crore in March 2025, while it was Rs -139 Crore in March 2024.
Equities & Liabilities
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 13,068 Crore
Rs 13,068 Crore
Rs 13,068 Crore
Rs 13,068 Crore
Rs 13,068 Crore
Reserves & Surplus
Rs 39,599 Crore
Rs 36,110 Crore
Rs 32,401 Crore
Rs 27,927 Crore
Rs 22,844 Crore
Current Liabilities
Rs 434,821 Crore
Rs 435,357 Crore
Rs 229,392 Crore
Rs 408,456 Crore
Rs 162,154 Crore
Other Liabilities
Rs 1,345 Crore
Rs 546 Crore
Rs 216,284 Crore
Rs 527 Crore
Rs 179,983 Crore
Total Liabilities
Rs 488,834 Crore
Rs 485,082 Crore
Rs 491,146 Crore
Rs 449,980 Crore
Rs 378,051 Crore
Assets
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Fixed Assets
Rs 21 Crore
Rs 25 Crore
Rs 19 Crore
Rs 37 Crore
Rs 45 Crore
Current Assets
Rs 477,270 Crore
Rs 472,900 Crore
Rs 476,403 Crore
Rs 432,810 Crore
Rs 370,213 Crore
Other Assets
Rs 11,543 Crore
Rs 12,155 Crore
Rs 14,724 Crore
Rs 17,131 Crore
Rs 7,792 Crore
Total Assets
Rs 488,834 Crore
Rs 485,082 Crore
Rs 491,146 Crore
Rs 449,980 Crore
Rs 378,051 Crore
The total assets of Indian Railway Finance Corporation for the year ending March 2025 were Rs 488,834 Crore, compared to Rs 485,082 Crore in March 2024.
Per Share Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Basic EPS (Rs.)
4.98
4.91
4.85
4.66
3.66
Diluted Eps (Rs.)
4.98
4.91
4.85
4.66
3.66
Book Value /Share (Rs.)
40.30
37.63
34.79
31.37
27.48
Dividend/Share (Rs.)
1.60
1.50
1.50
1.40
1.05
Face Value
10
10
10
10
10
Margin Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Gross Profit Margin (%)
99.44
99.54
99.60
99.40
99.28
Operating Margin (%)
99.42
99.50
99.54
99.33
99.25
Net Profit Margin (%)
23.94
24.06
26.52
30.00
28.00
Return Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Return on Networth / Equity (%)
12.34
13.03
13.93
14.85
12.29
ROCE (%)
49.98
53.32
9.08
48.56
7.25
Return On Assets (%)
1.33
1.32
1.29
1.35
1.16
Liquidity Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Current Ratio (X)
1.10
1.09
2.08
1.06
2.28
Quick Ratio (X)
1.10
1.09
2.08
1.06
2.28
Leverage Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Debt to Equity (x)
7.83
8.38
9.21
9.47
9.00
Interest Coverage Ratios (X)
1.32
1.32
1.36
1.43
1.39
Turnover Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Asset Turnover Ratio (%)
0.06
0.05
0.05
0.05
0.05
Inventory Turnover Ratio (X)
0.00
0.00
0.00
0.00
0.00
Growth Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
3 Yr CAGR Sales (%)
15.66
29.98
31.40
35.03
19.64
3 Yr CAGR Net Profit (%)
3.33
20.50
31.00
64.34
48.32
Valuation Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
P/E (x)
24.98
28.99
5.48
4.60
6.26
P/B (x)
3.09
3.78
0.76
0.68
0.84
EV/EBITDA (x)
21.05
22.53
19.04
20.62
22.52
P/S (x)
5.98
6.98
1.46
1.38
1.90
Corporate Actions
Indian Railway Finance Corporation announced newspaper publication under Regulation 30 (LODR) regarding the Chairman's Message for the 38th AGM on September 1, 2025. The Scrutinizers Report of the 38th AGM was announced on August 30, 2025. The proceedings of the 38th Annual General Meeting of IRFC held on August 30, 2025, were also announced.
The company announced an interim dividend of Rs 0.80 per share (8%) on March 10, 2025, with an effective date of March 21, 2025.
Moneycontrol analysis indicates a very bearish sentiment on the stock as of September 2, 2025.
Indian Railway Finance Corporation shares gained 2.33% to trade at Rs 123.35 in early trade.