IRFC Stock Financial Analysis - Indian Railway Finance Corporation Limited (NSEI) Stock

Overview

Indian Railway Finance Corporation (IRFC) is a government-owned finance company based in India. Its primary industry is financial services, specifically the mobilization of funds from domestic as well as overseas markets. The main objective of IRFC is to meet the predominant portion of 'Extra Budgetary Resources' requirement of the Indian Railways through market borrowings at the most competitive rates and terms. Key projects of IRFC include financing the acquisition of rolling stock assets and project assets of the Indian Railways and lending to other entities under the Ministry of Railways, India. As the dedicated market borrowing arm of the Indian Railways, its role is crucial in maintaining the country's railway infrastructure.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Indian Railway Finance Corporation Limited as of 30 June 2025 is 68,336.40 MM.
The operating income for Indian Railway Finance Corporation Limited as of 30 June 2025 is 66,708.60 MM.
The net income for Indian Railway Finance Corporation Limited as of 30 June 2025 is 66,708.60 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	68,336.40	66,708.60	66,708.60
2025-03-31	66,771.50	65,018.00	65,020.00
2024-12-31	67,030.71	65,374.92	65,374.54
2024-09-30	66,674.21	65,057.52	65,057.14
2024-06-30	65,966.36	64,376.96	64,376.58
2024-03-31	65,720.90	64,121.40	64,121.10
2023-12-31	62,182.85	60,383.85	60,383.78
2023-09-30	60,531.16	58,871.73	58,871.56
2023-06-30	63,913.30	62,320.07	62,320.07
2023-03-31	63,378.44	61,671.63	61,671.56
2022-12-31	67,070.76	65,021.40	65,018.03
2022-09-30	66,436.79	64,625.74	64,622.64
2022-06-30	64,084.63	62,497.84	62,494.65
2022-03-31	62,431.80	60,901.73	60,898.36
2021-12-31	61,958.65	60,799.27	60,798.91
2021-09-30	56,448.10	55,327.53	55,327.22
2021-06-30	51,257.73	50,263.05	50,262.74
2021-03-31	45,456.55	44,161.67	44,161.31
2020-12-31	37,109.13	35,885.81	35,882.44
2020-09-30	35,714.38	34,487.27	34,485.44

Income Statement: EPS

The earnings per share basic for Indian Railway Finance Corporation Limited as of 30 June 2025 is 5.11.
The earnings per share diluted for Indian Railway Finance Corporation Limited as of 30 June 2025 is 5.11.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30	5.11	5.11
2025-03-31	4.98	4.98
2024-12-31	5.01	5.01
2024-09-30	4.98	4.98
2024-06-30	4.93	4.93
2024-03-31	4.91	4.91
2023-12-31	4.62	4.62
2023-09-30	4.51	4.51
2023-06-30	4.78	4.78
2023-03-31	4.72	4.72
2022-12-31	4.97	4.97
2022-09-30	4.94	4.94
2022-06-30	4.78	4.78
2022-03-31	4.66	4.66
2021-12-31	5.03	5.03
2021-09-30	4.36	4.37
2021-06-30	4.06	4.07
2021-03-31	3.66	3.66
2020-12-31	3.18	3.18
2020-09-30	3.24	3.24

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Indian Railway Finance Corporation Limited as of 30 June 2025 is 50,556.30 MM.
The cash from investing activities for Indian Railway Finance Corporation Limited as of 30 June 2025 is -2.30 MM.
The cash from financing activities for Indian Railway Finance Corporation Limited as of 30 June 2025 is -49,066.70 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	50,556.30	-2.30	-49,066.70
2025-03-31	82,295.70	-1.00	-25,719.50
2024-12-31	64,489.28	-5.44	-68,608.22
2024-09-30	84,434.88	-37.94	-60,342.12
2024-06-30	39,856.09	-75.76	-44,231.06
2024-03-31	79,141.00	-75.40	-80,464.30
2023-12-31	-75,844.15	-66.46	74,586.71
2023-09-30	-171,527.07	-33.27	181,319.72
2023-06-30	-209,048.47	1.04	208,781.63
2023-03-31	-285,883.61	0.91	286,444.80
2022-12-31	-316,777.20	-39.25	322,190.99
2022-09-30	-366,608.14	-40.14	433,167.12
2022-06-30	-581,147.14	-52.96	585,493.98
2022-03-31	-644,122.82	-47.19	642,663.02
2021-12-31	-1,126,866.78	-13.97	1,126,723.69
2021-09-30	-967,458.61	-10.20	988,161.20
2021-06-30	-955,422.92	4.59	956,447.85
2021-03-31	-899,066.47	4.23	902,020.35
2020-12-31	-664,647.72	12.33	665,930.98
2020-09-30	-629,605.00	15.94	629,592.64

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for Indian Railway Finance Corporation Limited as of 30 June 2025 is 28.06.
The p/book for Indian Railway Finance Corporation Limited as of 30 June 2025 is 3.46.
The p/tbv for Indian Railway Finance Corporation Limited as of 30 June 2025 is 3.46.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30	28.06	3.46	3.46
2025-03-31	24.87	3.12	3.12
2024-12-31	30.80	3.89	3.89
2024-09-30	31.83	4.04	4.04
2024-06-30	35.68	4.65	4.65
2024-03-31	31.54	3.95	3.95
2023-12-31	29.79	3.79	3.79
2023-09-30	30.09	3.88	3.88
2023-06-30	36.40	4.82	4.82
2023-03-31	35.80	4.99	4.99
2022-12-31	28.30	4.20	4.20
2022-09-30	35.11	5.21	5.21
2022-06-30	36.30	5.32	5.32
2022-03-31	37.25	5.53	5.53
2021-12-31	37.31	5.74	5.74
2021-09-30	41.00	5.83	5.83
2021-06-30	45.14	6.06	6.06
2021-03-31	51.37	6.32	6.32
2020-12-31	46.34	5.08	5.08
2020-09-30	41.89	5.25	5.25

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.01.
The ebit (3y)/ev for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.01.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.01	0.01
2025-03-31	0.01	0.01
2024-12-31	0.01	0.01
2024-09-30	0.01	0.01
2024-06-30	0.01	0.01
2024-03-31	0.01	0.01
2023-12-31	0.01	0.01
2023-09-30	0.01	0.01
2023-06-30	0.01	0.01
2023-03-31	0.01	0.01
2022-12-31	0.01	0.01
2022-09-30	0.01	0.01
2022-06-30	0.01	0.01
2022-03-31	0.01	0.01
2021-12-31	0.01	0.01
2021-09-30	0.01	0.01
2021-06-30	0.01	0.01
2021-03-31	0.01	0.01
2020-12-31	0.01	0.01
2020-09-30	0.01	0.01

Management Effectiveness

The roa for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.01.
The roe for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.13.
The roic for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.01.
The croic for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.01.
The ocroic for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.02.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.01	0.13	0.01	0.01	0.02
2025-03-31	0.01	0.14	0.01	-0.00	0.01
2024-12-31	0.01	0.14	0.01	0.01	0.02
2024-09-30	0.01	0.14	0.01	-0.00	0.01
2024-06-30	0.01	0.14	0.01	-0.00	0.02
2024-03-31	0.01	0.14	0.01	-0.00	-0.02
2023-12-31	0.01	0.14	0.01	0.00	-0.04
2023-09-30	0.01	0.14	0.01	-0.00	-0.04
2023-06-30	0.01	0.15	0.01	-0.00	-0.04
2023-03-31	0.01	0.15	0.01	0.00	-0.06
2022-12-31	0.02	0.17	0.01	0.02	-0.08
2022-09-30	0.02	0.17	0.01	0.02	-0.08
2022-06-30	0.02	0.17	0.01	0.00	-0.13
2022-03-31	0.02	0.17	0.01	-0.00	-0.14
2021-12-31	0.02	0.19	0.01	-0.00	-0.28
2021-09-30	0.02	0.17	0.01	0.01	-0.24
2021-06-30	0.02	0.17	0.01	0.00	-0.25
2021-03-31	0.02	0.15	0.01	0.00	-0.24
2020-12-31	0.02	0.18	0.01	0.00	-0.22
2020-09-30	0.02	0.20	0.01	0.00	-0.23

Gross Margins

The gross margin for Indian Railway Finance Corporation Limited as of 30 June 2025 is 1.00.
The net margin for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.98.
The operating margin for Indian Railway Finance Corporation Limited as of 30 June 2025 is 0.98.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	1.00	0.98	0.98
2025-03-31	1.00	0.98	0.98
2024-12-31	1.00	0.98	0.98
2024-09-30	1.00	0.98	0.98
2024-06-30	1.00	0.98	0.98
2024-03-31	1.00	0.97	0.97
2023-12-31	1.00	0.97	0.97
2023-09-30	1.00	0.97	0.97
2023-06-30	1.00	0.98	0.98
2023-03-31	1.00	0.98	0.98
2022-12-31	1.00	0.97	0.97
2022-09-30	1.00	0.97	0.97
2022-06-30	1.00	0.97	0.97
2022-03-31	1.00	0.98	0.98
2021-12-31	1.00	0.98	0.98
2021-09-30	1.00	0.98	0.98
2021-06-30	1.00	0.98	0.98
2021-03-31	1.00	0.97	0.97
2020-12-31	1.00	0.97	0.97
2020-09-30	1.00	0.97	0.97