Indian Railway Finance Corp Ltd (IRFC) is a financing arm of the Ministry of Railways of India. The company finances through short-term loans, external commercial borrowings, taxable bonds and institutional finance. It also finances through tax-free bonds, equity and free reserves and long-term rupee loans. IRFC raises money from the market to finance the plan outlay of railways and funding for locomotives, coaches and wagons. The company offers to lease for financing the rolling stock assets and project assets of railways. IRFC is headquartered in New Delhi, India.
Headquarters
India
Address
Room Nos 1316 - 1349, 3rd Floor, Hotel The Ashok Diplomatic E, New Delhi, 110021
Website
irfc.co.in
Telephone
91 11 24361480
No of Employees
41
Industry
Financial Services
Ticker Symbol & Exchange
IRFC (NSE)
Revenue (2023)
$3.0B
17.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
4.1%
(2023 vs 2022)
Market Cap*
$22.0B
Net Profit Margin (2023)
XYZ
-11.6%
(2023 vs 2022)
* As of and is in US$
Indian Railway Finance Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Short Term Loans | Lending |
| External Commercial Borrowings | Leasing |
| Taxable Bonds | Borrowing |
Competitor Comparison
| Key Parameters | Indian Railway Finance Corp Ltd | Power Finance Corp Ltd | Shriram Finance Ltd | LIC Housing Finance Ltd | Cholamandalam Investment and Finance Company Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | New Delhi | Mumbai | Mumbai | Chennai |
| State/Province | Delhi | Delhi | Maharashtra | Maharashtra | Tamil Nadu |
| No. of Employees | 41 | 519 | 64,052 | 2,462 | 13,248 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shelly Verma | Chairman; Director; Managing Director | Executive Board | - | - |
| Sunil Kumar Goel | Chief Financial Officer | Senior Management | 2023 | - |
| Pranav Kumar Mallick | Part-time Chief Vigilance Officer | Senior Management | 2023 | - |
| Vijay Shirode | Compliance Officer; Secretary | Senior Management | 2018 | - |
| NH Kannan | General Manager - Finance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward