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Indian Railway Finance Corporation Ltd dividend

Indian Railway Finance Corporation Ltd dividend

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₹ 196.6 Cr

Volume transacted

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11148.9 K

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Indian Railway Finance Corporation Ltd

NSE: IRFC

DPS

1.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Indian Railway Finance Corporation Ltd is ₹ 1.5 as of 2023 .a1#The Dividend Payout of Indian Railway Finance Corporation Ltd changed from 18.35 % on March 2019 to 30.93 % on March 2023 . This represents a CAGR of 11.01% over 5 years. a1#The Latest Trading Price of Indian Railway Finance Corporation Ltd is ₹ 176.3 as of 21 Jun 15:30 .a1#The Market Cap of Indian Railway Finance Corporation Ltd changed from ₹ 29992 crore on March 2019 to ₹ 34762 crore on March 2023 . This represents a CAGR of 5.04% over 3 years. a1#The Revenue of Indian Railway Finance Corporation Ltd changed from ₹ 5627 crore to ₹ 6477 crore over 8 quarters. This represents a CAGR of 7.29% a1#The EBITDA of Indian Railway Finance Corporation Ltd changed from ₹ 5604 crore to ₹ 6443 crore over 8 quarters. This represents a CAGR of 7.22% a1#The Net Profit of Indian Railway Finance Corporation Ltd changed from ₹ 1661 crore to ₹ 1717 crore over 8 quarters. This represents a CAGR of 1.66% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

230,397 Cr

EPS

4.9

P/E Ratio (TTM) *

35.9

P/B Ratio (TTM) *

4.7

DTE *

8.4

ROE *

13.0

ROCE *

5.7

Dividend Yield *

5.64

DPS *

1.5

Dividend Payout *

30.93

Ann.Dividend % *

15

* All values are consolidated

Last Updated time: 21 Jun 15:30 pm

* All values are consolidated

Last Updated time: 21 Jun 15:30 pm

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1918
Mar '200
Mar '2131
Mar '2230
Mar '2331

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Indian Railway Finance Corporation Ltd

NSE: IRFC

PRICE

176.3

4.00 (2.32%)

stock direction

Last updated : 21 Jun 15:30

SWOT Analysis Of Indian Railway Finance Corporation Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '190
Mar '200
Mar '2129992
Mar '2228032
Mar '2334762

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '225627
Sep '225810
Dec '226222
Mar '236230
Jun '236681
Sep '236767
Dec '236740
Mar '246478

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '225605
Sep '225776
Dec '226192
Mar '236183
Jun '236652
Sep '236734
Dec '236705
Mar '246444

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '221662
Sep '221714
Dec '221633
Mar '231285
Jun '231557
Sep '231550
Dec '231599
Mar '241717

* All values are a in crore

About Indian Railway Finance Corporation Ltd

About Indian Railway Finance Corporation Ltd

    Indian Railway Finance Corporation Limited was incorporated on December 12, 1986, as a Public Limited Company. Thereafter, The Company received a Certificate of Commencement of Business from the RoC on December 23, 1986. The MCA, through its notification dated October 8, 1993, classified the Company as a Public Financial Institution and subsequently, Company was registered with RBI to carry on the business of a non-banking financial institution, pursuant to a certificate of registration dated February 16, 1998. Dated March 17, 2008, RBI classified Company as a non-deposit accepting asset finance non-banking financial company. Thereafter, Company got reclassified as an NBFC-ND-IFC by RBI, through a fresh Certificate of Registration dated November 22, 2010. Indian Railway Finance Corporation (IRFC) is a Schedule A' Public Sector Enterprise under the administrative control of the Ministry of Railways (MoR), Govt. of India. Since inception in 1986, IRFC has been mobilising funds from domestic and international markets for Indian Railways. The Company has made a huge contribution in the development and growth of Indian Railways and Railway entities including Rail Vikas Nigam Limited (RVNL) and IRCON. The President of India along with his nominees holds 100% of the equity share capital. The Company's principal business is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease. It is a dedicated market borrowing arm of the Indian Railways. Its primary business is financing the acquisition of rolling stock assets, which includes both powered and unpowered vehicles, for example locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies of all kinds and other items of rolling stock components as enumerated in the Standard Lease Agreement, leasing of railway infrastructure assets and national projects of the Government of India and lending to other entities under the Ministry of Railways, Government of India (MoR). The MoR is responsible for the procurement of Rolling Stock Assets and for the improvement, expansion and maintenance of Project Assets. The Company is responsible for raising the finance necessary for such activities. Over the last three decades, the company has played a significant role in supporting the capacity enhancement of the Indian Railways by financing a proportion of its annual plan outlay. The Union Budget proposed a capital expenditure of Rs. 1,602 billion for the Indian Railways for Fiscal 2020, which was higher than the capital expenditure (revised estimate) of Rs. 1,388.58 billion in Fiscal 2019. The actual capital expenditure of the Indian Railways was Rs. 1,334 billion in Fiscal 2019. In Fiscal 2019, the company financed Rs. 525.35 billion accounting for 39.38% of the actual capital expenditure of the Indian Railways. The Company follows a financial leasing model for financing the Rolling Stock Assets. The period of lease with respect to Rolling Stock Assets is typically 30 years comprising a primary period of 15 years followed by a secondary period of 15 years, unless otherwise revised by mutual consent. In terms of the leasing arrangements, the principal amount pertaining to the leased assets is effectively payable during the primary 15 years lease period, along with the weighted average cost of borrowing and a margin determined by the MOR in consultation with the company at the end of each Fiscal. Typically, the weighted average cost of borrowing factors in any expenses incurred by the company with respect to any foreign currency hedging costs and/ or losses (and gains, if any) as well as any hedging costs for interest rate fluctuations. For the second 15 year period, the company charges the Indian Railways a nominal rate which is subject to revision on mutually acceptable terms. The Company also follows a leasing model for Project Assets, which typically provides for lease periods of 30 years. The total Capital Outlay (Capital Expenditure) of MoR for the year 2020-21 was Rs. 1,55,161 crore out of which IRFC's disbursement against the same was significant at Rs. 1,04,369.00 crore which constitutes 67.43% of total capital outlay for the year 2020-21. In development of additional terminals for handling rail cargos, a new 'Gati Shakti Multi-Modal Cargo Terminal (GCT)' policy was launched on 15 December, 2021. As on 31st March 2023, 86.36% of the paid-up equity share capital of the Company comprising of 11,28,64,37,000 Equity Shares of Rs. 10/- each were held by President of India acting through administrative ministry i.e., Ministry of Railways (MoR). The balance 13.64% of paid-up equity share capital was held by public.

Indian Railway Finance Corporation Ltd News Hub

News

IRFC announces appointment of Govt. nominee director

Indian Railway Finance Corporation announced the appointment of Abhishek Kumar, Executive ...

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29 May 202420:03

News

IRFC gains as Q4 PAT jumps 34% YoY; board OKs fund raising upto Rs 50,000 cr

Total revenue from operations grew by 4.51% year on year (YoY) to Rs 6,473.12 crore in the...

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21 May 202410:21

News

Board of Indian Railway Finance Corp. recommends final dividend

Indian Railway Finance Corp. announced that the Board of Directors of the Company at its m...

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20 May 202417:28

News

Indian Railway Finance Corp. to discuss results

Indian Railway Finance Corp. will hold a meeting of the Board of Directors of the Company ...

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08 May 202418:18

News

Indian Railway Finance Corporation announces cessation of director

Indian Railway Finance Corporation announced the cessation of Bhaskar Choradia (DIN: 08975...

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15 Apr 202417:59

News

IRFC appoints Uma Ranade as Chairman and MD

The Board of Indian Railway Finance Corporation at its meeting held on 27 March 2024 has a...

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27 Mar 202418:56

FAQs for dividends of Indian Railway Finance Corporation Ltd

What is the current market price of Indian Railway Finance Corporation Ltd Ltd as of June 21, 2024?

The current market price of Indian Railway Finance Corporation Ltd Ltd stands at 176.3 per share.

What dividend did Indian Railway Finance Corporation Ltd declare in the last fiscal year?

In the last fiscal year, Indian Railway Finance Corporation Ltd declared a dividend totaling ₹1.5.

What is the most recent dividend declared by Indian Railway Finance Corporation Ltd?

Indian Railway Finance Corporation Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Indian Railway Finance Corporation Ltd declared dividends in the current fiscal year

Indian Railway Finance Corporation Ltd has declared dividends 4 times totaling ₹1 in the current fiscal year (FY2023-2024).

How many times did Indian Railway Finance Corporation Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Indian Railway Finance Corporation Ltd declared dividends 4 times totaling ₹1.
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