 | |
| Company type | Public |
|---|---|
| ISIN | INE053F01010 |
| Industry | Financial services |
| Founded | 12 December 1986[1] |
| Headquarters | New Delhi, India |
Key people | Manoj Kumar Dubey(Chairman &MD) |
| Services |
|
| Revenue |  ₹26,644 crore (US$3.2 billion) (2023-24) |
| ₹26,519 crore (US$3.1 billion) (2023-24) | |
| ₹6,412 crore (US$760 million) (2023-24) | |
| Total assets | ₹464,641 crore (US$55 billion) (2023-24) |
| Total equity | ₹49,178 crore (US$5.8 billion) (2023-24) |
| Owner | Government of India (86.36%) |
Number of employees | 42 |
| Website | irfc |
| Footnotes / references [2] | |
Indian Railway Finance Corporation (IRFC) is an Indianpublic sector undertaking (PSU)[3] engaged in raising financial resources for expansion and running through capital markets and other borrowings.[4][5] TheGovernment of India owns a majority stake in the company, while theMinistry of Railways has administrative control.[6] In March 2025, IRFC was given theNavaratna status by the Government of India, becoming the 26th PSU in this list.[7][8]
IRFC was founded on 12 December 1986.[1] It started borrowing from the market in 1987–88.
The company launched itsinitial public offering on 18 January 2021[9] and got listed on theNational Stock Exchange of India andBombay Stock Exchange on 29 January 2021.
As of 2024-25 Q3 reports, its promoter group (Government of India) holds 86.36% ownership while the public has the rest of the 13.64% shares.[10] On January 2026,Indian Railway Finance Corporation (IRFC) reported its highest ever quarterly profit for the third straight quarter, driven by steady loan growth and better margins. Profit after tax for the December 2025 quarter rose 11% YoY to Rs 1,802 crore.[11]
IRFC raises money through financial bonds and from banks and financial institutions.[12][13]
IRFC's Board of Directors includes Uma Ranade as Chairman and Managing Director, Shelly Verma as Director (Finance), Baldeo Purushartha as Nominee Director,Vallabhbhai Maneklal Patel as Non-Official Independent Director, and Sheela Pandit as Non-Official Independent Director.[14][15]
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| National | |
