Indian Railway Finance Corporation Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
Indian Railway Finance Corporation (IRFC) is a public sector financial entity and the dedicated financing arm of Indian Railways. The company raises funds through the issuance of bonds and loans to finance the procurement of rolling stock and infrastructure development for the Indian Railways. Established in 1986, it plays a crucial role in supporting the expansion and modernization of India's railway network.
Incorporation Year: 1986
Headquarters: New Delhi, Delhi
Top Management: Mr. Suneet Sharma (Chairman & Managing Director)
Industry: BFSI
Website: irfc.nic.in
Featured In Fortune India Ranking
Fortune 500 India
#91(2024)
#95(2023)
#92(2022)
#96(2021)
#148(2017)
#177(2016)
#182(2015)
#187(2014)
#197(2013)
#206(2012)
#214(2011)
#199(2010)
#91(2024)#95(2023)#92(2022)#96(2021)#148(2017)#177(2016)#182(2015)#187(2014)#197(2013)#206(2012)#214(2011)#199(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
26,656
(INR Cr)
Net Operating Income
26,645
(INR Cr)
Assets
461,217
(INR Cr)
Profit
6,412
(INR Cr)
Net Worth
49,179
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 26656 12.2% | 23763 17.1% | 20302 28.7% | 15771 17.5% | 13421 20.6% | 11134 20.1% | 9268 2.4% | 9048 20.5% | 7507 8.2% | 6940 12.0% | 6198 11.7% | 5552 19.6% | 4643 20.9% | 3842 10.3% | 3484 15.2% | 3025 - |
| Net Operating Income (INR Cr) | 26645 12.32% | 23722 16.86% | 20299 28.72% | 15771 17.51% | 13421 20.55% | 11134 20.14% | 9267 2.43% | 9047 20.52% | 7507 8.18% | 6939 11.97% | 6197 11.67% | 5550 19.56% | 4642 20.90% | 3840 11.82% | 3434 13.95% | 3013 16.67% |
| Profit (INR Cr) | 6412 4.0% | 6167 1.3% | 6090 37.9% | 4416 38.4% | 3192 41.6% | 2255 9.7% | 2055 120.0% | 934 10.0% | 849 11.9% | 758 8.2% | 701 34.3% | 522 8.5% | 481 -0.9% | 485 9.6% | 443 144.9% | 181 - |
| Assets (INR Cr) | 461217 -0.5% | 463615 8.0% | 429436 19.6% | 359059 35.7% | 264676 33.0% | 198961 34.5% | 147934 23.1% | 120147 20.7% | 99542 24.5% | 79954 3.2% | 77483 18.9% | 65152 17.1% | 55659 30.6% | 42621 15.2% | 37014 22.7% | 30169 - |
| Net Worth (INR Cr) | 49179 10.1% | 44680 9.0% | 40996 14.2% | 35913 18.5% | 30300 21.1% | 25029 79.7% | 13929 16.0% | 12010 4.2% | 11525 32.8% | 8682 14.8% | 7562 18.3% | 6394 18.4% | 5401 26.0% | 4286 25.9% | 3405 22.5% | 2781 14.6% |
| Employee Cost (INR Cr) | 11 -14.7% | 13 21.9% | 11 36.9% | 8 25.2% | 6 0.3% | 6 13.0% | 6 84.3% | 3 -26.7% | 4 31.9% | 3 4.7% | 3 -0.7% | 3 58.5% | 2 -7.8% | 2 70.0% | 1 -11.8% | 1 - |
| Interest Cost (INR Cr) | 20101 | 17447 | 14075 | 11237 | 10163 | 8183 | 6638 | 6888 | 5519 | 4992 | 4607 | 4075 | 3620 | 2937 | 2458 | 2163 |
| Cash & Bank Balance (INR Cr) | 467 | 542 | 303 | 459 | 101 | 81 | 100 | 8 | 1211 | 5 | 2022 | 405 | 1546 | 494 | 1508 | 1013 |
| Total Debt (INR Cr) | 412039 | 418935 | 388440 | 323145 | 234377 | 173933 | 134006 | 106395 | 87503 | 71270 | 69917 | 58753 | 50251 | 38124 | 33609 | 27389 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 24.1% | 26.0% | 30.0% | 28.0% | 23.8% | 20.3% | 22.2% | 10.3% | 11.3% | 10.9% | 11.3% | 9.4% | 10.4% | 12.6% | 12.7% | 6.0% |
| Profit As % Of Assets | 1.4% | 1.3% | 1.4% | 1.2% | 1.2% | 1.1% | 1.4% | 0.8% | 0.9% | 1.0% | 0.9% | 0.8% | 0.9% | 1.1% | 1.2% | 0.6% |
| Profit As % Of Networth | 13.0% | 13.8% | 14.9% | 12.3% | 10.5% | 9.0% | 14.8% | 7.8% | 7.4% | 8.7% | 9.3% | 8.2% | 8.9% | 11.3% | 13.0% | 6.5% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 13.7% | 14.4% | 15.8% | 13.3% | 11.5% | 11.6% | 15.8% | 7.9% | 8.4% | 9.3% | 10.0% | 8.8% | 9.9% | 12.6% | 14.3% | 6.9% |
| ROCE | 5.7% | 5.3% | 5.1% | 5.0% | 5.8% | 6.4% | 6.9% | 8.2% | 8.3% | 8.8% | 8.7% | 9.2% | 9.4% | 9.6% | 9.7% | 10.0% |