Indian Railway Finance Corporation (IRFC) shares gained momentum on Monday, March 17, 2025, ahead of the company’s board meeting to decide on its second interim dividend for FY25. At 12:00 PM, IRFC stock was trading at ₹118.25, up 0.47% on the Bombay Stock Exchange (BSE) as investors anticipated a positive dividend announcement.
Despite recent market volatility, IRFC remains a strong performer in the long run. The stock has seen a 22% decline in 2025 so far and a 30% drop over the past six months, but long-term investors have enjoyed impressive gains. Over the last two years, IRFC has delivered a 330% multibagger return, making it one of the best-performing railway sector stocks.
Indian Railway Finance Corporation Limited (IRFC) is the financing arm of Indian Railways, operating in the Leasing and Finance segment. It raises funds through loans and bonds to finance rolling stock, railway infrastructure, and projects under the Ministry of Railways (MoR). IRFC leases assets to Indian Railways and provides loans to entities like Rail Vikas Nigam Limited (RVNL) and IRCON, supporting railway expansion and modernization.
| Metric | Value |
|---|---|
| Market Cap | ₹1,53,816 Cr |
| P/E Ratio (TTM) | 23.54 |
| P/B Ratio | 2.96 |
| Industry P/E | 23.30 |
| ROE (Return on Equity) | 12.56% |
| Debt to Equity | 5.00 |
| EPS (TTM) | 7.81 |
| Dividend Yield | 1.27% |
| Book Value | 39.83 |
Overview of Contents
IRFC Dividend Date and Record Date
The IRFC board is scheduled to meet today, March 17, 2025, to finalize the second interim dividend for the financial year 2024-25. The company has already set March 21, 2025, as the record date, meaning shareholders holding IRFC shares on this date will be eligible to receive the dividend, subject to board approval.
As per the T+1 settlement cycle, the ex-date and record date fall on the same day. Investors must ensure they purchase IRFC shares before March 21 to qualify for the payout.
IRFC’s Performance and Dividend Impact
IRFC, a Navratna PSU, plays a key role in financing Indian Railways’ infrastructure projects. Despite the stock’s short-term corrections, its long-term growth remains promising. The upcoming dividend announcement is expected to boost investor sentiment and provide a steady income stream for shareholders.
With the board meeting scheduled today, all eyes are on the dividend decision, which could further influence IRFC’s stock movement in the coming days.