Indian Railway Finance Corp Ltd
NSE:IRFC
Indian Railway Finance Corp Ltd
Net Income (Common)
Indian Railway Finance Corp Ltd
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Indian Railway Finance Corp Ltd
NSE:IRFC
|
Net Income (Common)
₹64.1B
|
CAGR 3-Years
13%
|
CAGR 5-Years
23%
|
CAGR 10-Years
N/A
|
|
|
Housing and Urban Development Corporation Ltd
NSE:HUDCO
|
Net Income (Common)
₹26.8B
|
CAGR 3-Years
21%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
|
|
REC Limited
NSE:RECLTD
|
Net Income (Common)
₹156.5B
|
CAGR 3-Years
17%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
|
|
Power Finance Corporation Ltd
NSE:PFC
|
Net Income (Common)
₹223B
|
CAGR 3-Years
18%
|
CAGR 5-Years
19%
|
CAGR 10-Years
N/A
|
|
|
Piramal Enterprises Ltd
NSE:PEL
|
Net Income (Common)
₹5.2B
|
CAGR 3-Years
-25%
|
CAGR 5-Years
-25%
|
CAGR 10-Years
-14%
|
|
|
I
|
Indian Renewable Energy Development Agency Ltd
NSE:IREDA
|
Net Income (Common)
₹12.5B
|
CAGR 3-Years
53%
|
CAGR 5-Years
38%
|
CAGR 10-Years
N/A
|
|
Indian Railway Finance Corp Ltd
Glance View
Indian Railway Finance Corporation Ltd. (IRFC) was born in 1986 as the financial arm of Indian Railways, a vital component of India's expansive transport infrastructure. Entrusted with the mandate to raise funds for the development and expansion of the railways, IRFC operates with a clear, strategic focus. Its primary function is to procure funds from both domestic and international financial markets and to lease the acquisition of critical assets such as rolling stock, which includes locomotives, coaches, and wagons, to Indian Railways. This leasing mechanism provides a steady stream of income through lease rentals paid by Indian Railways, ensuring a sustainable financial backbone to support the rail sector's infrastructure and growth ambitions. The company's operational model elegantly aligns with the extensive needs of the Indian Railways. By acting as a financial intermediary, IRFC transforms capital into tangible assets, enabling infrastructure upgrades and modernization without burdening the railways' own fiscal resources. Its expertise in securing financing at competitive rates allows Indian Railways to maintain liquidity and operational efficiency. This symbiotic relationship not only fortifies the Indian Railways' budgetary discipline but also propels economic progress by bolstering connectivity across the nation. In essence, IRFC's role as a financial locomotive helps power the colossal engine that is Indian Railways, bringing both economic and geographical landscapes closer together.
See Also
What is Indian Railway Finance Corp Ltd's Net Income (Common)?
Net Income (Common)
64.1B
INR
Based on the financial report for Mar 31, 2024, Indian Railway Finance Corp Ltd's Net Income (Common) amounts to 64.1B INR.
What is Indian Railway Finance Corp Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
23%
Over the last year, the Net Income (Common) growth was 4%. The average annual Net Income (Common) growth rates for Indian Railway Finance Corp Ltd have been 13% over the past three years , 23% over the past five years .
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