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Earnings Call

Indian Railway Finance Corporation Earnings Call: Key Takeaways

IRFC reports record FY26 PAT exceeding ₹7,000cr, driven by 'IRFC 2.0' diversification into non-railway sectors like power and fertilizers.

Why this was an Alfa AlertAsset sanctions reached ₹74,000cr against a guided ₹60,000cr, a material 23.3% beat explicitly confirmed by management.
Highlights
Revenue growthHighest ever revenue; top line expected to grow 10%+ in FY27.
MarginsNIM improved to 1.50%; targeting 10% NIM growth for FY27.
Demand visibilityStrong pipeline from NIP and new railway/high-speed corridors.
Management confidenceHigh; management stated they surpassed all prior year guidance metrics.

Growth

FY26 asset sanctions reached ₹74,000cr (vs ₹60,000cr guidance) and disbursements hit ₹35,000cr (vs ₹30,000cr guidance).

Outlook

Targeting double-digit growth in PAT/EPS for FY27; AUM expected to cross ₹5 lakh crore in H1 FY27.

Risks

Potential risk in non-railway lending, though mitigated by targeting Maharatnas and state-backed entities.

Source

Earnings Call filed with NSE, NSE: IRFC. Summary written with AI assistance from the document.

Read the document ↗

Indian Railway Finance Corporation Ltd: key numbers

Share price
₹79.95
Market cap
₹1,04,483 Cr
Revenue (annual)
₹27,284 Cr
Net profit (annual)
₹7,009 Cr
P/E (TTM)
14.5×Sector 22.0×
Promoter holding
82.90%-1.75% QoQ
FII holding
1.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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