Indian Railway Finance Corporation Limited

Government-owned financing company for Indian Railways, providing funds for assets and infrastructure projects.

1986 | Delhi (India) | Active
Last Updated: November 16, 2024

Indian Railway Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 25,000.00 Cr
  • Paid Up Capital ₹ 13,068.51 Cr
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 280,048.63 Cr
  • Satisfied Charges ₹ 164,509.61 Cr
  • Revenue Growth 17.89%
  • Profit Growth 4.06%
  • Ebitda 17.94%
  • Net Worth 10.91%
  • Total Assets 9.15%

About Indian Railway Finance Corporation

Indian Railway Finance Corporation Limited (IRFCL) is a leading Public Limited Union Government Company incorporated in India on 12 December 1986 and has a history of 38 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25,000.00 Cr and a paid-up capital of Rs 13,068.51 Cr.

The company currently has active open charges totaling ₹280,048.63 Cr. The company has closed loans amounting to ₹164,509.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indian Railway Finance Corporation Limited India are Vijay Shirode as COMPANY SECRETARY and Sunil Goel as Cfo. Baldeo Purushartha, Vallabhbhai Patel, Sheela Pandit, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65910DL1986GOI026363

  • Company No.

    026363

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    12 Dec 1986

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Indian Railway Finance Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Vijay Shirode Company Secretary09-Mar-2018Current
Sunil Goel CFO25-May-2023Current
Usha Venugopal Country flag representing In Managing Director01-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Baldeo Purushartha Country flag representing In Nominee Director 03-Jun-2020Current
Vallabhbhai Patel Country flag representing In Director 10-Nov-2021Current
Sheela Pandit Country flag representing In Director 22-Nov-2021Current
Abhishek Kumar Country flag representing In Nominee Director 30-May-2024Current
Shelly Verma Country flag representing In Whole-Time Director 30-Sep-2020Current

Financial Performance of Indian Railway Finance Corporation.

Indian Railway Finance Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.89% increase. The company also saw a slight improvement in profitability, with a 4.06% increase in profit. The company's net worth Soared by an impressive increase of 10.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.89%
Revenue from Operations
17.70%
Total Assets
9.15%
Profit or Loss
4.06%
Net Worth
10.91%
EBITDA
17.94%

What is the Ownership and Shareholding Structure of Indian Railway Finance Corporation?

In 2022, Indian Railway Finance Corporation had a promoter holding of 86.36% and a public holding of 13.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹280,048.63 Cr

Satisfied Charges

₹164,509.61 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 104924.83 Cr
  • Others : 76532.00 Cr
  • State Bank Of India : 37700.00 Cr
  • Hdfc Bank Limited : 31000.00 Cr
  • Canara Bank : 11700.00 Cr
  • Others : 18191.80 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2024Sbicap Trustee Company Limited₹2,066.00 CrOpen
18 Jan 2024Others₹1,000.00 CrOpen
18 Jan 2024Karnataka Bank Ltd.₹1,000.00 CrOpen
14 Dec 2023The South Indian Bank Limited₹350.00 CrOpen
23 Nov 2023Hdfc Bank Limited₹2,000.00 CrOpen

How Many Employees Work at Indian Railway Finance Corporation?

Unlock and access historical data on people associated with Indian Railway Finance Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Railway Finance Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indian Railway Finance Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Indian Railway Finance Corporation

Recent activity within the organization

  • Charges

    A charge registered on 12 Mar 2021 via Charge ID 100429612 with Others was fully satisfied on 11 Oct 2024.

    11 Oct 2024

  • Charges

    A charge registered on 26 Nov 2020 via Charge ID 100396433 with Others was fully satisfied on 10 Oct 2024.

    10 Oct 2024

  • Charges

    A charge registered on 26 Nov 2020 via Charge ID 100396754 with Others was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Annual General Meeting

    Indian Railway Finance Corporation Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Charges

    A charge registered on 28 Dec 2022 via Charge ID 100664253 with Others was fully satisfied on 20 Aug 2024.

    20 Aug 2024

  • Charges

    A charge registered on 23 Mar 2022 via Charge ID 100559449 with Others was fully satisfied on 20 Aug 2024.

    20 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Indian Railway Finance Corporation Limited was incorporated on 12 Dec 1986.

  • The authorized share capital of Indian Railway Finance Corporation Limited is ₹ 25,000.00 Cr and paid-up capital is ₹ 13,068.51 Cr.

  • Currently 8 directors are associated with Indian Railway Finance Corporation Limited.

    • Baldeo Purushartha
    • Vallabhbhai Maneklal Patel
    • Sheela Pandit
    • Abhishek Kumar
    • Vijay Babulal Shirode
    • Sunil Kumar Goel
    • Usha Venugopal
    • Shelly Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Railway Finance Corporation Limited is Ug Floor East Tower Nbcc Place Bisham Pitamah Marg Lodhi Road, Pragati Vihar India, Delhi, 110003.

  • The corporate identification number (CIN) of Indian Railway Finance Corporation Limited is L65910DL1986GOI026363 and the company number is 026363 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indian Railway Finance Corporation Limited has risen by 17.89%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indian Railway Finance Corporation Limited has experienced an upsurge of 10.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indian Railway Finance Corporation Limited amount to ₹ 280,048.63 Cr.

  • The most recent Balance Sheet for Indian Railway Finance Corporation Limited was filed with the ROC on 31 Mar 2024.

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