Announcement under Regulation 30- Earnings Call Transcript
IRFC · price
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IRFC reported its highest-ever financial performance in FY26, with PAT crossing INR 7,000 crores and net worth at INR 56,000+ crores. The company surpassed its guidance, sanctioning INR 74,000 crores of assets (vs INR 60,000 crores target) and disbursing INR 35,000 crores (vs INR 30,000 crores target). Assets under management grew to INR 4.85 lakh crores from INR 4.6 lakh crores. Net interest margin improved by 6% to 1.50%. Management targets double-digit growth in revenue, PAT, EPS, and NIM for FY27, with NIM expected to reach 1.65% by year-end. The company aims to achieve a 60:40 railway/non-railway AUM mix within 3-4 years, with new business margins of 100-120 bps compared to 35-40 bps for traditional railway financing. IRFC expects to touch INR 5 lakh crores AUM in H1 FY27.
The strong execution on diversification strategy with higher margins positions IRFC for sustained growth. Investors should note the explicit NIM improvement guidance and the company's ability to maintain zero NPA while expanding into higher-margin non-railway segments.