# IRFC share price today (Indian Railway Finance Corporation Ltd, NSE: IRFC)

> IRFC share price today: ₹77.84 at the NSE close on 4 November 2026, down 35.9% in a year. Indian Railway Finance Corporation (NSE: IRFC) is worth ₹1,01,684 crore, trades at a P/BV of 1.7 and has closed between ₹73.37 and ₹133.64 over the past 52 weeks. > Indian Railway Finance Corporation Ltd's earnings have grown faster than its share price. Earnings per share grew +7.6% in a year while the price moved −35.9%. IRFC · Railways · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/indian-railway-finance-corporation-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹77.84 (−35.9% in a year)
- P/BV: 1.7× (lower than 59% of the last 5.3 years)
- Revenue (Sep 2026): ₹7,866 Cr (+23.4% on a year ago)
- Profit (Sep 2026): ₹1,958 Cr (+10.2% on a year ago)
- Net margin: 24.9% (−3.0 points on a year ago)
- ROE: 13%, FY26
- ROA: 1.43%, latest

The main question: yearly earnings per share moved +7.6% while the share price moved −35.9%. ## What is the IRFC share price today? Indian Railway Finance Corporation Ltd's share price was ₹77.84 at the close on 4 November 2026. It has been falling for 65 weeks. That is 17.2% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 45 weeks running. In the last 52 weeks it traded between ₹73 and ₹134, and at that close it sat 7% of the way up from that low. Over the last 5.8 years the share price moved +214% while the NIFTY 500 moved +80%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 January 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at IRFC this quarter? Two changes stood out: profit up on a year earlier for 6 quarters in a row and highest quarterly profit in 16 quarters. 1. Profit up on a year earlier for 6 quarters in a row In the September 2026 quarter profit was ₹1,958 crore, +10.2% on a year earlier. Why: Profit rose because the company lent more to non-railway infrastructure borrowers. Next results: check whether planned metro, port, renewable and power projects start drawing loans. From the earnings call on 16 Oct 2026. 2. Highest quarterly profit in 16 quarters Profit of ₹1,958 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Profit hit a record because the company lent more to non-railway infrastructure borrowers. From the earnings call on 16 Oct 2026. ## What dividend does IRFC pay? IRFC paid ₹2.20 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 2.83% at the ₹77.84 close on 4 November 2026. The last was an interim dividend of ₹1.15 a share, ex-date 23 October 2026. ### IRFC dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 23 Oct 2026 | ₹1.15 | Interim | same day |
| 13 Mar 2026 | ₹1.05 | Interim | same day |
| 24 Oct 2025 | ₹1.05 | Interim | same day |
| 21 Mar 2025 | ₹0.80 | Interim | same day |
| 12 Nov 2024 | ₹0.80 | Interim | same day |
| 22 Aug 2024 | ₹0.70 | Dividend | same day |
| 10 Nov 2023 | ₹0.80 | Interim | same day |
| 15 Sep 2023 | ₹0.70 | Dividend | same day |
| 17 Nov 2022 | ₹0.80 | Interim | 18 Nov 2022 |
| 15 Sep 2022 | ₹0.63 | Dividend | 16 Sep 2022 |
| 10 Nov 2021 | ₹0.77 | Interim | 11 Nov 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Indian Railway Finance Corporation Ltd paid out 39% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What are IRFC's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), IRFC reported total income of ₹7,866 crore, up 23.4% from ₹6,372 crore a year earlier, and a profit of ₹1,958 crore, up 10.2% from ₹1,777 crore. ### IRFC results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹7,866 crore | ₹6,372 crore | +23.4% |
| Profit | ₹1,958 crore | ₹1,777 crore | +10.2% |
| Earnings per share | ₹1.50 | ₹1.36 | +10.3% |
| Net margin | 24.9% | 27.9% | −3.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). IRFC's management discussed these results on a call held on 16 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the IRFC share price history? IRFC closed at ₹77.84 on 4 November 2026, down 35.9% from ₹121.36 a year earlier (7 November 2025) and up 207.7% over five years. Its highest weekly close since January 2021 was ₹217.43 on 12 July 2024. ### IRFC share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹73.37 | +6.1% |
| 1 month ago · 1 Oct 2026 | ₹77.06 | +1.0% |
| 6 months ago · 8 May 2026 | ₹106.03 | −26.6% |
| 1 year ago · 7 Nov 2025 | ₹121.36 | −35.9% |
| 3 years ago · 3 Nov 2023 | ₹72.15 | +7.9% |
| 5 years ago · 4 Nov 2021 | ₹25.30 | +207.7% |
| Earliest weekly close in our records · 29 Jan 2021 | ₹24.80 | +213.9% |
| Highest weekly close since January 2021 · 12 Jul 2024 | ₹217.43 | −64.2% |
| Lowest weekly close since January 2021 · 24 Jun 2022 | ₹19.75 | +294.1% |
| 52-week high (weekly close) · 26 Dec 2025 | ₹133.64 | −41.8% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹73.37 | +6.1% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (305 weekly closes from 29 January 2021 to 4 November 2026.)

## What is the latest news on IRFC? 4 Nov 2026: IRFC closed at ₹77.84, up 6.1% on the week and up 1.0% on the month. 23 Oct 2026: ex-date for an interim dividend of ₹1.15 a share. ### Earlier

- 16 Oct 2026: IRFC held its results call for July to September 2026. Management guided: FY27 non-rail disbursements to exceed the prior-year level; clearer framework guidance in Q3 and model completion by FY-end. - Results for July to September 2026: Total income up 23.4% and profit up 10.2% on a year earlier. - 13 Mar 2026: ex-date for an interim dividend of ₹1.05 a share. ## What did IRFC management say on the latest results call? On the call for July to September 2026, held on 16 October 2026, IRFC's management guided: FY27 non-rail disbursements to exceed the prior-year level; clearer framework guidance in Q3 and model completion by FY-end. > “The overall pie is more than 20 lakh crore. Once we have access to this pie, these opportunities are going to continue for at least the next 10 years.”
> Manoj Kumar Dubey, on the call for July to September 2026

### What management guided

- FY27 AUM to approach ₹5 lakh crore or potentially exceed it by year-end. - FY27 WACC to remain around 6.6% despite rate hardening. - H2 revenue and profit broadly to replicate H1 performance. - From FY28, railway disbursements of at least ₹50,000 crore annually for a minimum decade. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/5969/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 16 October 2026.)

## What to watch in IRFC's next results? When IRFC reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: FY27 non-rail drawdowns: verify planned metro, port, renewable and power-linked projects begin converting from pipeline. - What to check (from the call)
- FY27 non-rail drawdowns: verify planned metro, port, renewable and power-linked projects begin converting from pipeline. - Year-end AUM trajectory: test whether H2 lending and railway capital recoveries close the gap to the stated goal. - Financing framework and funding resilience: look for partner participation and evidence that the stated cost cushion survives rate changes. ## Which stock lists is IRFC on? IRFC is on 4 of our India lists: 52 week high & low, Dividend stocks, Small & mid cap stocks and Penny stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Dividend stocks Regular dividend yield (%): 2.83](https://www.sectoralpha.in/dividend-stocks-india)
- [Small & mid cap stocks Size rank in India: 117](https://www.sectoralpha.in/small-cap-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): 7.63](https://www.sectoralpha.in/penny-stocks-india)

## Is IRFC profitable? Indian Railway Finance Corporation Ltd earned ₹1,958 Cr of net profit in the Sep 2026 quarter, +10.2% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹7,009 Cr. Over 10 years profit has grown 23.5% a year on average. That is 24.9% of the quarter's revenue. The same quarter a year earlier earned ₹1,777 Cr. For the full year, FY26 profit was ₹7,009 Cr (+7.8% on the year before). Why profit moved: revenue changed +23.4% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +7.8% and revenue +12.6%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does IRFC make, and is it growing? Indian Railway Finance Corporation Ltd reported ₹7,866 Cr of income in the Sep 2026 quarter, +23.4% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 13.8% a year on average. The last full year, FY26, came in at ₹27,285 Cr. The last four reported quarters add to ₹30,124 Cr. FY26 revenue was ₹27,285 Cr, +0.5% on the year before. Recent pace: the last four quarters grew +12.6% on average, against 13.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +12.5%, against +5.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +7.8%, against +6.4% a year (stabilising). ## How much does IRFC keep from what it earns? Indian Railway Finance Corporation Ltd's net margin was 24.9% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 10.3% and 30.0%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of IRFC's loans have gone bad? Indian Railway Finance Corporation Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is IRFC's loan book growing? Indian Railway Finance Corporation Ltd's revenue was ₹27,285 Cr in FY26, +0.5% on the year before, so the loan book is growing. The latest quarter was +23.4% on a year earlier. The net margin on that income is 24.9%, −3.0 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is IRFC's P/BV ratio, and how does it compare with its own history? Indian Railway Finance Corporation Ltd's P/BV is 1.7×, in the middle of its own history: higher than 41% of past readings. Its usual P/BV (the middle reading) is 2.1×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −35.9%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +25.2% a year; about +8.7% a year came from book-value growth and about +16.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple. ## Is the IRFC business getting better or worse? Indian Railway Finance Corporation Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 12.2%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does IRFC earn on its equity and assets? Indian Railway Finance Corporation Ltd earned a return on equity of 13% in FY26. Its lowest yearly reading on file was 8% in FY16. On its assets, every ₹100 earned about ₹1.43, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 23.5% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does IRFC have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the IRFC shareholding pattern? Promoters cut their stake in Indian Railway Finance Corporation Ltd by 3.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 82.9% of the company. Domestic institutions moved +2.9 points over the same period, to 4.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −3.5 points over 8 quarters, to 82.9%; Domestic institutions: +2.9 points over 8 quarters, to 4.0%; Foreign institutions: +0.1 points over 8 quarters, to 1.1%. Why the owners changed: promoters drove it (−3.5 points), with the other side taken by domestic institutions (+2.9 points). They reduced their stake. ## How far is IRFC from balance-sheet trouble? For Indian Railway Finance Corporation Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does IRFC rank in its industry? 45.7 out of 100, rank 6 of 9 in Railways, with 76% of the evidence available. Indian Railway Finance Corporation Ltd scores 45.7 out of 100 against the 9 companies it is compared with in Railways, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18.9 + 8 + 10.5 + 8.3 = 45.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is IRFC compared with? IRFC ranks 6 of 9 Railways companies on the 4-Factor Sector Score, with 45.7 out of 100. 1. [Oriental Rail Infrastructure Ltd](https://www.sectoralpha.in/stocks/oriental-rail-infrastructure-ltd) ORIRAIL · breaking out · Evidence leans up · 78% evidence 64.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 16.2% · Profit 73.3% · Operating margin change 0 points · 100% evidence Capital efficiency 13.2/25 · ROCE 12% · Operating margin 16% · 100% evidence Valuation 16.1/20 · P/E 14.2× · PEG 0.58 · 65% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -37.5% · 25% evidence · 3 of 5 weeks ahead Exact sum: 26 + 13.2 + 16.1 + 9.5 = 64.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) RAILTEL · quiet · Evidence leans up · 85% evidence 61.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 22.5% · Profit 5.9% · Operating margin change -1 points · 100% evidence Capital efficiency 18.0/25 · ROCE 22.8% · Operating margin 15% · 100% evidence Valuation 15.0/20 · P/E 19.2× · PEG 1.4 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.4% · 1 year -39.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.3 + 18 + 15 + 7.9 = 61.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rites Ltd](https://www.sectoralpha.in/stocks/rites-ltd) RITES · quiet · Evidence leans up · 96% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 11.3% · Profit 9% · Operating margin change -1 points · 88% evidence Capital efficiency 21.6/25 · ROCE 23% · Operating margin 22% · 100% evidence Valuation 3.1/20 · P/E 21.7× · PEG 3.7 · 100% evidence Relative strength 14.8/20 · Lead over its industry 5.6% · Lead over NIFTY 500 -8.7% · 1 year -23.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.9 + 21.6 + 3.1 + 14.8 = 56.4 · What this means: Relative strength against the index is -8.7%, and revenue and profit growth are weak. 4. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) TITAGARH · quiet · Evidence leans up · 96% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.5/35 · Revenue -10.2% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 10.6/25 · ROCE 10.9% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 45.4× · PEG 1.7 · 100% evidence Relative strength 8.1/20 · Lead over its industry 0.5% · Lead over NIFTY 500 -13.2% · 1 year -26.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.5 + 10.6 + 10 + 8.1 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Texmaco Rail & Engineering Ltd](https://www.sectoralpha.in/stocks/texmaco-rail-engineering-ltd) TEXRAIL · quiet · Evidence leans down · 89% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.8/35 · Revenue -14.3% · Profit -1.8% · Operating margin change 0 points · 88% evidence Capital efficiency 9.3/25 · ROCE 11.2% · Operating margin 8% · 100% evidence Valuation 14.9/20 · P/E 18.4× · PEG 0.81 · 65% evidence Relative strength 16.9/20 · Lead over its industry 5.9% · Lead over NIFTY 500 -8.7% · 1 year -28% · 100% evidence · 5 of 12 weeks ahead Exact sum: 8.8 + 9.3 + 14.9 + 16.9 = 49.9 · What this means: Relative strength against the index is -8.7%, and revenue and profit growth are weak. 6. Indian Railway Finance Corporation Ltd this page IRFC · quiet · Evidence leans down · 76% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 12.5% · Profit 7.8% · Operating margin change 0.2 points · 74% evidence Capital efficiency 8.0/25 · ROCE 5.6% · Operating margin 99.4% · 100% evidence Valuation 10.5/20 · P/E 13× · PEG 1.85 · 100% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -22.4% · 1 year -40.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 18.9 + 8 + 10.5 + 8.3 = 45.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Indian Railway Catering & Tourism Corporation Ltd](https://www.sectoralpha.in/stocks/indian-railway-catering-tourism-corporation-ltd) IRCTC · basing · Evidence leans down · 89% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 15% · Profit 4% · Operating margin change -6 points · 88% evidence Capital efficiency 19.7/25 · ROCE 46.1% · Operating margin 28% · 100% evidence Valuation 4.6/20 · P/E 25.3× · PEG 3.88 · 65% evidence Relative strength 9.4/20 · Lead over its industry -4.1% · Lead over NIFTY 500 -17.3% · 1 year -39.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.7 + 4.6 + 9.4 = 44.5 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Cosmic CRF Ltd](https://www.sectoralpha.in/stocks/cosmic-crf-ltd) quiet · Too little evidence to rank firmly · 50% evidence 39.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 1 points · 27% evidence Capital efficiency 8.2/25 · ROCE 9.1% · Operating margin 11% · 71% evidence Valuation 9.3/20 · P/E 31.2× · PEG n/a · 15% evidence Relative strength 1.4/20 · Lead over its industry -4.4% · Lead over NIFTY 500 -17.6% · 1 year -23.1% · 100% evidence · 8 of 12 weeks ahead Exact sum: 20.1 + 8.2 + 9.3 + 1.4 = 39 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) JWL · quiet · Most evidence points down · 63% evidence 30.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.9/35 · Revenue -11.7% · Profit -49.8% · Operating margin change -3 points · 83% evidence Capital efficiency 9.0/25 · ROCE 9.1% · Operating margin 10% · 76% evidence Valuation 7.8/20 · P/E 43.7× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -28.8% · 1 year -43.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 5.9 + 9 + 7.8 + 7.5 = 30.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Railways](https://www.sectoralpha.in/sectors/railways), all 9 compared on one page. ## Which companies are close to IRFC in size? IRFC is the largest of 9 Railways companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Indian Railway Catering & Tourism Corporation, Rites, Titagarh Rail Systems, Jupiter Wagons, Railtel Corporation of India and Texmaco Rail & Engineering. ### Railways companies close in size

1. Indian Railway Finance Corporation Ltd ₹95,884 crore
2. [Indian Railway Catering & Tourism Corporation Ltd](https://www.sectoralpha.in/stocks/indian-railway-catering-tourism-corporation-ltd) ₹34,896 crore
3. [Rites Ltd](https://www.sectoralpha.in/stocks/rites-ltd) ₹9,049 crore
4. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) ₹8,810 crore
5. [Jupiter Wagons Ltd](https://www.sectoralpha.in/stocks/jupiter-wagons-ltd) ₹7,769 crore
6. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) ₹7,138 crore
7. [Texmaco Rail & Engineering Ltd](https://www.sectoralpha.in/stocks/texmaco-rail-engineering-ltd) ₹3,998 crore

[All 9 Railways companies, largest first](https://www.sectoralpha.in/sectors/railways#all-companies)

### Companies close in size in other industries

1. [Aurobindo Pharma Ltd](https://www.sectoralpha.in/stocks/aurobindo-pharma-ltd) ₹96,744 crore · Pharma - Formulators
2. [Muthoot Finance Ltd](https://www.sectoralpha.in/stocks/muthoot-finance-ltd) ₹96,698 crore · Finance & Investments - Gold Loan
3. Indian Railway Finance Corporation Ltd ₹95,884 crore
4. [SBI Funds Management Ltd](https://www.sectoralpha.in/stocks/sbi-funds-management-ltd) ₹95,364 crore
5. [Vedanta Ltd](https://www.sectoralpha.in/stocks/vedanta-ltd) ₹93,028 crore · Mining/Minerals

## What else do people ask about IRFC? ### What is IRFC's share price today? Indian Railway Finance Corporation Ltd's share price is ₹77.84, −35.9% over the past year. The whole company is worth ₹1,01,684 Cr on the market. In the last 52 weeks it traded between ₹73 to ₹134; today it is 7% of the way up from the low, 17.2% below its 200-day average (as of 4 November 2026). ### What were IRFC's latest quarterly results? Indian Railway Finance Corporation Ltd reported total income of ₹7,866 Cr and net profit of ₹1,958 Cr for the Sep 2026 quarter. Income rose 23.4% and profit rose 10.2% compared with a year earlier. Earnings per share were ₹1.50 (as of 4 November 2026). ### What is IRFC's market cap? Indian Railway Finance Corporation Ltd's market capitalisation is ₹1,01,684 Cr at a share price of ₹77.84. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is IRFC performing? Indian Railway Finance Corporation Ltd's share price has been falling for 65 weeks. In its latest quarter, income rose 23.4% and profit rose 10.2% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 45 weeks running (as of 4 November 2026). ### Will IRFC's share price go up? This page does not forecast Indian Railway Finance Corporation Ltd's share price. What it shows instead: the share price is ₹77.84, and it has been falling for 65 weeks. Its P/BV of 1.7× is higher than 41% of its own last 5 years (as of 4 November 2026). ### Who owns IRFC? Promoters own 82.9% of Indian Railway Finance Corporation Ltd, foreign institutions 1.1%, domestic institutions 4.0% and the public 12.0% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 3.5 percentage points over 8 quarters (as of 4 November 2026). ### Where is IRFC in its business cycle? Indian Railway Finance Corporation Ltd's FY26 net margin was 25.7%, against a 13-year range of 10.3% to 30.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 24.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the IRFC story? The main question: yearly earnings per share moved +7.6% while the share price moved −35.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is IRFC a stock worth studying right now? What the numbers show: Indian Railway Finance Corporation Ltd's earnings have grown faster than its share price. Earnings per share grew +7.6% in a year while the price moved −35.9%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a IRFC share price forecast for 2026? What management itself guided: FY27 non-rail disbursements to exceed the prior-year level; clearer framework guidance in Q3 and model completion by FY-end. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
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