WebNov 29, 2024 · Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilizing funds from domestic and overseas markets to meet the pre-dominant portion of Extra Budgetary Resources requirement of Indian Railways. IRFC is a Schedule ‘A’/Miniratna Public … WebJan 18, 2024 · Most brokerages say the IRFC IPO is attractively priced and can be a good bet for conservative long-term investors, given the company's low-risk profile and …
IRFC IPO update: Subscribed over 3 times so far on final day
WebSep 29, 2024 · Agencies. New Delhi: Indian Railway Finance Corporation ( IRFC) on Wednesday reported a 38.34 per cent jump in its net profit to an all-time high of Rs … Weboperations will increase significantly. In FY20, IRFC financed ₹71,392 crore accounting for 48.22% of actual capital expenditure of Indian Railways. Low risk business model & RoE at ~11-12% IRFC’s relationship with the MoR enables it to maintain a low risk profile. As of September 30, 2024, IRFC did not have any non-performing assets. the owl house season 3 episode 3 synopsis
Indian Railway Finance Corporation Ltd financial results and price ...
WebApr 5, 2024 · Return On Equity - ROE: Return on equity (ROE) is the amount of net income returned as a percentage of shareholders equity. Return on equity measures a … WebJan 18, 2024 · “IRFC has significant dependence on IR (Indian Railways) and MoR (Ministry of Railways) for its revenues. Change in capex plans or policies like IR having ability to raise its own funds, detrimental changes to term of agreement, lack of support in terms of ability to raise funds at lower rate or availability of funds are some of the key risk factors impacting … WebJan 15, 2024 · The internal growth rate of a company is limited to the RoE of a company. For IRFC since RoE is only 10-12%, at best it can grow at 12-15% CAGR (even if it increases its leverage). The last 3-5 years’ annual growth indicates it has grown at 20%+. Maintaining the same growth run rate will need regular equity finance. the owl house season 3 finale release date