Indian Railway Finance Corporation Ltd.
NSE: IRFCIndian Railway Finance Corporation Ltd.: A 30-second snapshot
IRFC trades at ₹88.92, down 30.78% over the past year and 34.49% below its 52-week high, currently sitting below both its 50-DMA (₹93.12) and 200-DMA (₹106.40). Q1 FY27 results reported on July 30-31, 2026 showed PAT up 10.4% YoY to ₹1,927 crore, revenue up 19.5%, AUM at ₹4.79 lakh crore, and zero NPA. Trailing PE is 16.24 with a debt-to-equity of roughly 7.7x, reflecting IRFC's role as the dedicated financing arm for Indian Railways, lending exclusively against a single sovereign counterparty.
P/E
16.2
Forward P/E
12.2
ROE
+12.8%
Debt / Equity
773.35
Profit Margin
+97.2%
Div. Yield
+3.3%
5Y ROE > 15%
0/5
5Y FCF > 0
2/5
Quality
47/100
News
8 headlines · 5 positive · 1 negative
Indian Railway Finance Corp. (IRFC) delivers highest-ever quarterly profit with zero NPA in FY27 - Metro Rail News
Metro Rail News
IRFC: Q1 FY 26-27 PAT up 10.4% and revenue up 19.5%, with AUM at INR 4.79 lakh crore - TradingView
TradingView
IRFC Q1 FY27 profit up 10% to ₹1,927 crore - ET Infra
ET Infra
IRFC Q1 Results 2027: PAT Rises 10% YoY, Total Revenue Grows 19% - Sahi
Sahi
IRFC reports highest-ever total income, PAT for Q1FY27 - livemint.com
livemint.com
Recent context
- ·Q1 FY27 results (PAT +10.4% YoY, revenue +19.5%, AUM ₹4.79 lakh crore, zero NPA) drove the bulk of recent coverage, appearing across 5 of 8 tracked headlines published July 30-31, 2026.
- ·News sentiment over the tracked period skews positive (5 positive, 2 neutral, 1 negative of 8 total); the single negative item relates to a reported regulatory fine in the same window.
- ·Price action over the trailing 3 months (-15.97%) and 12 months (-30.78%) has not tracked the improved quarterly numbers, with the stock still below both major moving averages as of this run.
Strengths
- +Q1 FY27 results showed the highest-ever quarterly PAT, up 10.4% YoY to ₹1,927 crore, with revenue up 19.5% YoY and zero NPA reported.
- +Profit margin of 97.23% reflects IRFC's pass-through lending model, where funding costs are structured to be recovered through the lease/interest arrangement with Indian Railways.
- +Dividend yield of 3.26% at the current price.
- +Forward PE of 12.21 sits below the trailing PE of 16.24 and ranks 2nd of 6 on PE within the tracked peer set.
Weaknesses
- −Stock is down 30.78% over 12 months and 15.97% over 3 months, trading below both the 50-DMA and 200-DMA and 34.49% off its 52-week high.
- −ROE of 12.81% has not exceeded 15% in any tracked year, free cash flow was positive in only 2 of the tracked years, and 5-year earnings growth is flat at 0%.
- −Quality score of 41 ranks 4th of 6 within the tracked peer set, though the peer group (diversified private banks, an NBFC and an insurer) is not a direct comparable to a rail-financing NBFC.
- −Analyst coverage in the dataset is limited to a single tracked analyst with no rating recorded, limiting how much can be read from the consensus field.
Open questions
- ?Does IRFC's structural debt-to-equity of roughly 7.7x, arising from lending exclusively to a single sovereign counterparty (Indian Railways), carry different risk characteristics than comparable leverage would at a diversified lender?
- ?What would need to change in IRFC's growth profile — 5-year earnings growth currently flat at 0% — for ROE to move consistently above the 15% level it has not crossed in the tracked years?
- ?Why has the share price continued declining over the past year even as reported quarterly profit and revenue growth accelerated — does this reflect a lag in market reaction, a broader re-rating, or a separate catalyst?
- ?How much weight should a peer-ranked quality score of 41 carry when the peer set includes diversified private banks and an insurer rather than other government-backed infrastructure financiers?
Peer comparison: Banking
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| IRFC | Indian Railway Finance Corporation Ltd.You're viewing | 16.2 | +12.8% | 41 |
| Industry avg | across 5 peers | 31.7 | +13.1% | 48 |
| AXISBANK | Axis Bank Ltd. | 13.8 | +13.3% | 70 |
| HDFCBANK | HDFC Bank Ltd. | 16.3 | +13.8% | 66 |
| BAJFINANCE | Bajaj Finance Ltd. | 35.1 | — | 47 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 59.9 | +10.8% | 33 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 33.3 | +14.6% | 23 |
Technical state
Current price
₹88.92
SMA 50
₹93.12
SMA 200
₹106.40
RSI (14)
44.7 (neutral)
From 52w high
-34.5%
1Y return
-30.8%
3M return
-16.0%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumPrice is down 30.78% over 12 months and 15.97% over 3 months, currently trading at ₹88.92 versus a 50-DMA of ₹93.12 and 200-DMA of ₹106.40 — 34.49% below its 52-week high. RSI of 44.74 is neutral, indicating the recent decline is not showing an oversold extreme.
- mediumROE of 12.81% has not exceeded 15% in any tracked year, free cash flow was positive in only 2 of the tracked years, and 5-year earnings growth is flat at 0% (revenue growth 0.5%), producing a consistency score of 15/100.
- lowQuality score of 41 ranks 4th of 6 and ROE of 12.81% ranks 4th of 6 within the tracked peer set (AXISBANK, BAJFINANCE, BAJAJFINSV, HDFCBANK, HDFCLIFE). This peer group consists of diversified private banks, an NBFC and an insurer rather than another sovereign-backed rail-financing NBFC, so the comparison is directional at best.
- lowAnalyst coverage in the dataset is limited to a single tracked analyst with no rating value recorded, so a meaningful consensus cannot be read from this field.
Cross-section contradictions
- Q1 FY27 results (reported July 30-31, 2026) showed PAT up 10.4% YoY to ₹1,927 crore, revenue up 19.5% YoY, AUM at ₹4.79 lakh crore, and zero NPA — yet the stock remains down 30.78% over 12 months and 15.97% over 3 months, still below both its 50-DMA and 200-DMA.
- Forward PE (12.21) sits well below trailing PE (16.24), which typically implies expected earnings growth, yet 5-year earnings growth is flat at 0% and ROE has not exceeded 15% in any tracked year — the growth assumption embedded in the forward multiple is not evident in the trailing data.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 31 Jul 2026 · rotates through NIFTY 500 every ~5 days