Indian Railway Finance Corporation Limited — Q2FY27 earnings call summary

Filed 22 October 2026 · Official transcript

AUM target near INR5 lakh Cr by FY27 end; PAT growth near 10% driven by higher-margin non-railway assets
No prepayment pressure due to no penalty, no floor price, and cheapest loan pricing
H1 FY27 revenue rose over 20%, PAT grew over 10%, continuing 5 of 6 quarters double-digit PAT growth
FY27 disbursement guidance intact, surpassing last year's INR35,000 Cr non-railway disbursements
FY28 onwards, expected INR50,000 Cr annual disbursement from Indian Railways projects for 10 years
Management confident in long-term growth aligned with India's infrastructure expansion plans
WACC maintained at 6.55%, lowest among NBFCs, with active cost management and hedging
CEO emphasizes robust compliance, risk management, and mentorship for sustainable growth