Comprehensive analysis of IRFC’s financial performance, fundamentals, and monthly IRFC share price target 2028.
The Indian Railway Finance Corporation (IRFC) has been a key player in India’s financial sector, providing crucial funding for the expansion and modernization of the Indian Railways.
Also, check- IRFC Share Price Target 2027
As of now, IRFC boasts a market capitalization of ₹2,37,259 Cr., positioning it as a giant in the financial sector.
52-week high of ₹229 and a low of ₹49.6. The stock’s price-to-earnings (P/E) ratio is 36.8, indicating a relatively high valuation compared to the broader market.
The book value per share is ₹38.8, which offers insight into the company’s net asset value.
IRFC offers a dividend yield of 0.82%, providing a modest return to shareholders in the form of dividends.
The return on capital employed (ROCE) is 5.73%, while the return on equity (ROE) is 13.7%. These figures highlight the company’s ability to generate profits from its investments and equity base, respectively.
IRFC’s quarterly sales figures have shown a consistent upward trend, with the most recent quarter (June 2024) reporting sales of ₹6,766 Cr.
The company’s operating profit margin (OPM) remains at a robust 100% in most quarters, demonstrating its efficiency in managing costs and generating profits.
The company’s expenses have remained minimal, with a slight increase in recent quarters. Operating profit continues to be strong, with the June 2024 quarter reporting an operating profit of ₹6,733 Cr.
Net profit for the same period stood at ₹1,577 Cr., reflecting the company’s strong profitability despite fluctuating expenses.
Over the past decade, IRFC has shown remarkable growth in its sales and profitability. Sales have grown from ₹5,550 Cr. in March 2013 to ₹26,742 Cr. in the trailing twelve months (TTM) of 2024.
The operating profit has also increased substantially, from ₹5,528 Cr. in 2013 to ₹26,606 Cr. in 2024, reflecting the company’s expanding business operations.
Interest expenses have been a significant factor in IRFC’s financials, with the most recent figure standing at ₹20,165 Cr. for the TTM 2024.
However, the company has managed to keep depreciation costs low, contributing to its overall profitability.
IRFC’s shareholding pattern has remained relatively stable over the years. As of June 2024, promoters hold 86.36% of the company’s shares, while Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 1.11% and 1.08%, respectively.
The public holds 11.45% of the shares, reflecting a slight increase in public interest over recent quarters.
Based on the current data and historical performance, we can forecast IRFC’s share price for each month in 2028.
This prediction is grounded in the assumption of continued growth in line with past trends, as well as the company’s ability to maintain its profitability and operational efficiency.
Starting the year strong, IRFC is expected to begin January 2028 with a share price target of ₹245.00. This is based on the company’s consistent growth and positive market sentiment.
In February, the share price is likely to rise slightly to ₹250.50, reflecting steady demand for the stock and investor confidence.
By March 2028, the share price is projected to reach ₹255.75, supported by continued strong financial performance and positive quarterly results.
April may see a slight increase in the share price to ₹261.00 as the market responds to IRFC’s ongoing operational success and potential dividend announcements.
In May 2028, the share price is expected to rise to ₹266.50, driven by robust earnings reports and potential strategic announcements by the company.
June could witness a further increase in the share price to ₹272.00, fueled by continued investor optimism and strong financial performance.
By July 2028, the share price is likely to reach ₹278.00, reflecting sustained growth and positive market trends.
In August, the share price is expected to climb to ₹284.50, driven by continued strong demand for IRFC shares.
September 2028 may see the share price reaching ₹291.00, supported by favorable market conditions and potential strategic developments.
In October, the share price is projected to increase to ₹297.75, reflecting the company’s ongoing success and positive market sentiment.
November 2028 could witness a further rise in the share price to ₹304.50, driven by strong earnings and potential new contracts.
Ending the year on a high note, IRFC’s share price is expected to reach ₹311.50 by December 2028, reflecting the company’s overall growth and investor confidence.
IRFC has shown remarkable growth over the years, and the future looks promising for this financial giant.
With strong fundamentals, consistent profitability, and a stable shareholding pattern, IRFC is poised for continued success.
The predicted IRFC share price target 2028 reflects the company’s potential to deliver substantial returns to its investors, making it a compelling investment opportunity.
As always, investors should consider the broader market conditions and the company’s future performance before making any investment decisions.
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