IRFC Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 and 2050

IRFC Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 and 2050

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This blog gives detailed information on IRFC share price targets 2024, 2025, 2026, 2028, 2030, 2040 and 2050. Here we will discuss in detail about the company’s fundamentals, market value and future share growth, so that investors can make their predictions and earn profits.

What is IRFC

The Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of the Indian Railways, responsible for raising funds through banks, financial bonds, and financial institutions for the development of the Indian Railways. IRFC was established on December 12, 1986 as the dedicated financing arm of Indian Railways.

Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking in which the Government of India has majority stake and it is owned by the Ministry of Railways. This company is included under BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Its headquarters is established in New Delhi.

IRFC Share listing date

IRFC shares were listed in NSE and BSE markets on 29 January 2021. Initially the price of one share was Rs 24.80.

IRFC Share Price History

After being listed on the stock exchange, IRFC’s share is at its highest price of Rs 162.35 and during this period the lowest price of IRFC has been Rs 19.75. Talking about the current situation, the current market capital of IRFC is Rs 2.11 lakh crore. Its shares have increased by 549% since being listed on the stock exchange. In the last 1 year, 6 months and 1 month, its shares have seen a rise of 379%, 120.89% and 10.98% respectively.

IRFC Fundamentals

The fundamentals of any company determine the market value of that company. The financial condition of a stock or company can be ascertained by using trends through fundamental analysis.

Company NameIndian Railway Finance Corporation Limited
SectorFinance
Websiteirfc.nic.in
Market Cap₹ 2,06,548 Cr.
P/E Ratio (TTM)34.60
P/B Ratio4.28
Face Value10
Dividend Yield00.93%
Book Value₹ 34.79
Net Profit₹ 6337 Cr.
EPS (TTM)4.62
Sales Growth17.70%
ROE12.51%
ROCE9.08%
Profit Growth4.06%

IRFC Share Price Growth Chart

When the company was listed in the NSE and BSE markets on January 29, 2021, the price of one share of IRFC was Rs 24.80 and today (29/04/2024) the price of one share is Rs 162. In the last few years, the company’s shares have increased by a total of 549%. We can see how fast the share price of IRFC is growing.

IRFC Loss & Profit – Last 5 Years Report

Income Report

IncomeMar ’23Mar ’22Mar ’21Mar ’20Mar ’19
12mnths12mnths12mnths12mnths12mnths
Revenue From Operations [Gross]23,891.8320,299.2615,770.4713,838.4611,133.59
Revenue From Operations [Net]23,891.8320,299.2615,770.4713,838.4611,133.59
Other Income40.802.330.390.070.00
Total Revenue23,932.6320,301.6015,770.8613,838.5411,133.60

Expenditure

ExpensesMar ’23Mar ’22Mar ’21Mar ’20Mar ’19
12mnths12mnths12mnths12mnths12mnths
Employee Benefit Expenses13.1010.757.856.276.25
Finance Costs17,447.2114,074.7811,237.0510,079.788,183.06
Provisions and Contingencies-2.910.462.722.1427.54
Depreciation And Amortisation Expenses14.0614.034.430.460.42
Other Expenses124.16111.43102.6857.4714.74
Total Expenses17,595.6214,211.4411,354.7310,146.118,232.01

Profit/Loss

Profit/LossMar ’23Mar ’22Mar ’21Mar ’20Mar ’19
12mnths12mnths12mnths12mnths12mnths
Profit/Loss Before Tax6,337.016,090.164,416.133,692.422,901.59
Tax Expenses-Continued Operations0.000.320.000.00646.84
Profit/Loss After Tax6,337.016,089.844,416.133,692.422,254.75

Other Additional Information

Other Additional InformationMar ’23Mar ’22Mar ’21Mar ’20Mar ’19
12mnths12mnths12mnths12mnths12mnths
EARNINGS PER SHARE
Basic EPS (Rs.)4.854.663.663.933.43
Diluted EPS (Rs.)4.854.663.663.933.43
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend1,868.801,006.281,872.19200.00375.00
Tax On Dividend0.000.000.0041.1177.09
Equity Dividend Rate (%)15.0014.0011.002.004.00

IRFC Balance Sheet – Last 5 Years Report

Sources Of Funds

Sources Of FundsMar ’23Mar ’22Mar ’21Mar ’20
12mnths12mnths12mnths12mnths
Total Share Capital13,068.5113,068.5113,068.5111,880.46
Equity Share Capital13,068.5113,068.5113,068.5111,880.46
Share Application Money0.000.000.000.00
Preference Share Capital0.000.000.000.00
Reserves32,401.8127,927.8322,844.8819,081.97
Networth45,470.3240,996.3435,913.3930,962.43
Secured Loans418,929.26388,416.62323,110.68234,376.72
Unsecured Loans0.000.000.000.00
Total Debt418,929.26388,416.62323,110.68234,376.72
Total Liabilities464,399.58429,412.96359,024.07265,339.15

Application Of Fund

Application Of FundsMar ’23Mar ’22Mar ’21Mar ’20
12mnths12mnths12mnths12mnths
Gross Block24.5341.3350.8712.19
Less: Revaluation Reserves0.000.000.000.00
Less: Accum. Depreciation5.343.375.521.15
Net Block19.1937.9645.3511.04
Capital Work in Progress0.000.000.000.00
Investments13.6610.0011.9811.51
Inventories0.000.000.000.00
Sundry Debtors244,147.01200,692.50165,568.99148,579.80
Cash and Bank Balance541.66303.38458.92100.76
Total Current Assets244,688.67200,995.88166,027.91148,680.56
Loans and Advances246,425.23248,936.39211,966.47127,231.05
Fixed Deposits0.000.000.000.00
Total CA, Loans & Advances491,113.90449,932.27377,994.38275,911.61
Deferred Credit0.000.000.000.00
Current Liabilities26,642.3720,513.7018,998.5410,581.21
Provisions104.8053.5729.1213.80
Total CL & Provisions26,747.1720,567.2719,027.6610,595.01
Net Current Assets464,366.73429,365.00358,966.72265,316.60
Miscellaneous Expenses0.000.000.000.00
Total Assets464,399.58429,412.96359,024.05265,339.15
MiscellaneousMar ’23Mar ’22Mar ’21Mar ’20
12mnths12mnths12mnths12mnths
Contingent Liabilities0.020.420.420.43
Book Value (Rs)34.7931.3727.4826.06
All Data is taken from Moneycontrol

IRFC Share Price Target 2024, 2025, 2026, 2028, 2030, 2040, and 2050

IRFC Share Price Target 2024

MonthMinimum Target (₹)Maximum Target (₹)
May₹152₹166
June₹156₹171
July₹160₹175
August₹163₹177
September₹167₹183
October₹170₹188
November₹175₹193
December₹181₹203

IRFC Share Price Target 2025

MonthMinimum Target (₹)Maximum Target (₹)
January₹184₹207
February₹187₹212
March₹193₹217
April₹199₹222
May₹206₹226
June₹211₹231
July₹217₹237
August₹221₹243
September₹227₹247
October₹233₹255
November₹237₹262
December₹242₹268
According to current market analysis, the company’s share price may reach ₹268 per share by the end of 2025.

IRFC Share Price Target 2026

MonthMinimum Target (₹)Maximum Target (₹)
January₹255₹276
February₹266₹284
March₹273₹292
April₹278₹298
May₹282₹306
June₹287₹311
July₹294₹317
August₹301₹323
September₹306₹328
October₹311₹332
November₹317₹337
December₹324₹345
If we look at the growth trend of IRFC, its share price can reach ₹ 345 by the end of 2026.

IRFC Share Price Target 2028

MonthMinimum Target (₹)Maximum Target (₹)
January₹492₹513
February₹498₹521
March₹504₹528
April₹512₹535
May₹519₹543
June₹523₹549
July₹529₹565
August₹536₹572
September₹542₹579
October₹547₹584
November₹552₹589
December₹556₹596
IRFC share price may increase to ₹556 to ₹596 by the end of 2028.

IRFC Share Price Target 2030

MonthMinimum Target (₹)Maximum Target (₹)
January₹720₹737
February₹725₹742
March₹731₹748
April₹738₹752
May₹743₹758
June₹750₹765
July₹756₹772
August₹762₹778
September₹767₹784
October₹773₹789
November₹779₹796
December₹783₹804

IRFC Share Price Target 2040

MonthMinimum Target (₹)Maximum Target (₹)
January₹1270₹1295
February₹1275₹1299
March₹1283₹1303
April₹1288₹1308
May₹1294₹1315
June₹1300₹1321
July₹1305₹1325
August₹1311₹1332
September₹1316₹1337
October₹1319₹1343
November₹1325₹1350
December₹1331₹1356

IRFC Share Price Target 2050

MonthMinimum Target (₹)Maximum Target (₹)
January₹1840₹1862
February₹1846₹1867
March₹1852₹1873
April₹1856₹1879
May₹1862₹1886
June₹1868₹1894
July₹1875₹1900
August₹1880₹1907
September₹1886₹1914
October₹1891₹1920
November₹1897₹1925
December₹1905₹1932

How To Purchase IRFC Share

Popular platforms for buying IRFC shares are UPstox, Groww, Zerodha and Angleone, from where you can easily buy and sell ITFC’s shares.

NOTE:

Disclaimer- Please note that we are not SEBI-registered advisors. Our post is for educational purposes only. Therefore, before investing in any share, take advice from a SEBI certified expert. If you invest, you yourself will be responsible for your profit and loss, not us.

Also Read:

Jio Financial Services Share Price Target 2024, 2025, 2026, 2030, 2040, 2050

What is the future of irfc share price

Ans: IRFC is an Indian public sector company owned by the Ministry of Railways. Its stock has been witnessing a steady rise since last one year and this steady rise is expected to continue for the next few years.

Q1: What is the target price of irfc share in 2024?

Ans: According to market experts, investors, IRFC share price target for 2024 is expected to be Rs 181 to Rs 203.

Q1: Why irfc share price is increasing

Ans: Every year the budget of India is presented on 1 February. IRFC shares have been witnessing a rise since January in anticipation of a positive budget. Although there has been a slight decline in the stock since then, but overall there has been an increase in the stock.

Q1: What is the target price of irfc share in 2024?

Ans: If you invest in IRFC shares for long term, you will definitely get benefits in it. IRFC’s share price target for 2030 is expected to be around ₹780 to ₹800.

Q1: When will irfc share price increase

Ans: Growth in the share price of IRFC may be seen after the 2024 budget. And this growth can remain consistent throughout the year.

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