Indian Railway Finance Corporation Limited

NSE IRFC.NS

Indian Railway Finance Corporation Limited Debt to Equity Ratio for the year ending March 31, 2024: 8.38

Indian Railway Finance Corporation Limited Debt to Equity Ratio is 8.38 for the year ending March 31, 2024, a -9.06% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Indian Railway Finance Corporation Limited Debt to Equity Ratio for the year ending March 31, 2023 was 9.21, a -2.76% change year over year.
Indian Railway Finance Corporation Limited Debt to Equity Ratio for the year ending March 31, 2022 was 9.47, a 5.31% change year over year.
Indian Railway Finance Corporation Limited Debt to Equity Ratio for the year ending March 31, 2021 was 9.00, a 16.31% change year over year.
Indian Railway Finance Corporation Limited Debt to Equity Ratio for the year ending March 31, 2020 was 7.74, a 10.59% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: IRFC.NS

Indian Railway Finance Corporation Limited

CEO	Mr. Manoj Kumar Dubey
IPO Date	Jan. 29, 2021
Location	India
Headquarters	Hotel The Ashok
Employees	42
Sector	Finance
Industries Banking & Lending Venture Capital

Description

Indian Railway Finance Corporation Limited operates as a financing company in India. The company engages in borrowing funds from the financial markets to finance the acquisition/creation of assets that are leased out to the Indian Railways as finance lease. It also operates as a non-deposit taking non-banking financial and infrastructure finance company. The company was incorporated in 1986 and is based in New Delhi, India.

Key trends

Past 5 years