If you want to invest in share market then you should know about IRFC share. In this article, we will discuss IRFC Share price target for 2024, 2025, 2026, 2027, 2028 to 2030.
About IRFC
IRFC stands for Indian Railway Finance Corporation Limited, which was incorporated on 12 December, 1986. It is headquartered in New Delhi, India.
IRFC raises funds from domestic and international capital markets through various instruments like term loans, bonds etc. The acquired funds are then used to finance the acquisition of rolling stock which includes locomotives, wagons etc. and other railway infrastructure projects which are undertaken by Indian Railways.
Company Profile
| NSE Symbol | IRFC |
| Full Form of IRFC | Indian Railway Finance Corporation |
| Incorporated | 12th December , 1986 |
| Chairman | Smt. Shelly Verma |
| Headquarter | New Delhi, India |
| Parent Organisation | Ministry of Railways, Government of India |
| Website | https://irfc.co.in/ |
IRFC Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, To 2030
Following is the table for the IRFC share price from 2024 to 2030:
| IRFC Share Price Target | Price |
| IRFC Share Price Target 2024 | ₹285.10 |
| IRFC Share Price Target 2025 | ₹392.55 |
| IRFC Share Price Target 2026 | ₹457.89 |
| IRFC Share Price Target 2027 | ₹531.60 |
| IRFC Share Price Target 2028 | ₹626.50 |
| IRFC Share Price Target 2029 | ₹671.67 |
| IRFC Share Price Target 2030 | ₹825.00 |
IRFC Share Price Target (2024)
| IRFC Share Price Target 2024 | Price |
| January 2024 | ₹191.50 |
| February 2024 | ₹159.57 |
| March 2024 | ₹181.59 |
| April 2024 | ₹191.85 |
| May 2024 | ₹217.80 |
| June 2024 | ₹222.35 |
| July 2024 | ₹243.45 |
| August 2024 | ₹257.77 |
| September 2024 | ₹270.87 |
| October 2024 | ₹273.50 |
| November 2024 | ₹279.05 |
| December 2024 | ₹285.10 |
ROE of IRFC Ltd is 13.05% & EPS is 4.92%, so analysts are expecting that IRFC share price can rise upto ₹285.10 in 2024. But some factors like interest rates may affect it’s share price.
IRFC Share Price Target (2025)
| IRFC Share Price Target 2025 | Price |
| January 2025 | ₹288.15 |
| February 2025 | ₹295.15 |
| March 2025 | ₹298.10 |
| April 2025 | ₹311.25 |
| May 2025 | ₹317.25 |
| June 2025 | ₹331.09 |
| July 2025 | ₹341.19 |
| August 2025 | ₹347.29 |
| September 2025 | ₹356.39 |
| October 2025 | ₹361.35 |
| November 2025 | ₹368.45 |
| December 2025 | ₹392.55 |
Book value of IRFC’s share is 37.62 & face value is 10, so experts are predicting that IRFC share price can rise upto ₹392.55 in 2025 but as IRFC’S financial health is closely linked to the performance of Indian Railways. So, any challenges faced by Indian Railways may impact IRFC’s share price.
IRFC Share Price Target 2026
| IRFC Share Price Target 2026 | Price |
| January 2026 | ₹402.80 |
| February 2026 | ₹407.85 |
| March 2026 | ₹409.56 |
| April 2026 | ₹413.49 |
| May 2026 | ₹417.67 |
| June 2026 | ₹420.89 |
| July 2026 | ₹427.00 |
| August 2026 | ₹431.40 |
| September 2026 | ₹437.45 |
| October 2026 | ₹445.50 |
| November 2026 | ₹450.56 |
| December 2026 | ₹457.89 |
IRFC is a profitable company & net profit in 2023 is ₹6,337 crore, so it’s share price have potential to reach upto ₹457.89 in 2026 but revenue growth, profit margins and debt management are some factors which can affect IRFC’s share price.
IRFC Share Price Target 2027
| IRFC Share Price Target 2027 | Price |
| January 2027 | ₹462.88 |
| February 2027 | ₹469.76 |
| March 2027 | ₹472.23 |
| April 2027 | ₹579.12 |
| May 2027 | ₹484.56 |
| June 2027 | ₹491.34 |
| July 2027 | ₹497.00 |
| August 2027 | ₹498.67 |
| September 2027 | ₹507.40 |
| October 2027 | ₹514.78 |
| November 2027 | ₹525.90 |
| December 2027 | ₹531.60 |
| IRFC Share Price Target 2027 | ₹531.60 |
If we consider the profitability & strengths of IRFC then analysts are expecting it’s share price to be reach around ₹531.60 in 2027.
IRFCShare Price Target 2028
| IRFCShare Price Target 2028 | Price |
| January 2028 | ₹538.60 |
| February 2028 | ₹545.60 |
| March 2028 | ₹553.60 |
| April 2028 | ₹561.70 |
| May 2028 | ₹567.89 |
| June 2028 | ₹575.45 |
| July 2028 | ₹581.54 |
| August 2028 | ₹586.58 |
| September 2028 | ₹595.00 |
| October 2028 | ₹608.20 |
| November 2028 | ₹617.65 |
| December 2028 | ₹626.50 |
| IRFC Share Price Target 2028 | ₹626.50 |
As per market experts, IRFC share price can rise upto ₹626.50 or higher in 2028 as it is profitable & backed by government.
IRFC Share Price Target 2029
| IRFC Share Price Target 2029 | ₹671.67 |
Analysts are projecting IRFC share price around ₹671.67 in 2029.
Also Read: Jio Financial Share Price Target
IRFC Share Price Target 2030
| IRFC Share Price Target 2030 | Price |
| January 2030 | ₹691.20 |
| February 2030 | ₹698.30 |
| March 2030 | ₹705.50 |
| April 2030 | ₹714.60 |
| May 2030 | ₹720.75 |
| June 2030 | ₹732.90 |
| July 2030 | ₹744.00 |
| August 2030 | ₹753.40 |
| September 2030 | ₹770.70 |
| October 2030 | ₹790.80 |
| November 2030 | ₹810.97 |
| December 2030 | ₹825.00 |
If we consider the current growth, then IRFC share price can rise between ₹691.20 to ₹825.00 in 2030.
IRFC Share Price Chart
IRFC Financial Data Analysis
| Particulars | 2023 |
| Market Cap. | ₹2,43,598 crore |
| ROE | 13.05% |
| EPS (TTM) | 4.92 |
| Dividend Yield | 0.81% |
| Book Value | 37.62 |
| Face Value | 10 |
| P/E Ratio | 37.98 |
| P/B Ratio | 4.96 |
| Industry P/E | 24.65 |
| Debt to equity | 8.39 |
| Particulars | 2023 | 2022 |
| Total Assets | ₹4,91,146 | ₹4,49,980 |
| – Current Assets | ₹4,85,180 | ₹4,43,107 |
| – Non-current Assets | ₹5,965 | ₹6,872 |
| Total Liabilities | ₹4,45,676 | ₹4,08,983 |
| – Current Liabilities | ₹1,63,473 | ₹1,48,688 |
| – Non-current Liabilities | ₹2,82,203 | ₹2,60,295 |
| Revenue | ₹23,932 | ₹20,301 |
| EBITA | ₹23,798 | ₹20,178 |
| Net Profit | ₹6,337 | ₹6,089 |
| Cash flow from operating activities | ₹-28,583 | ₹-64,412 |
| Cash flow from investing activities | ₹0.09 | ₹-4.72 |
| Cash flow from financing activities | ₹28,643 | ₹64,266 |
• Total assets of the company in 2023 are ₹4,91,146 crore in which ₹4,85,180 crore are current assets and ₹5,965 crore are non-current assets.
• Total liabilities in 2022 were ₹4,08,983 crore which turned into ₹4,45,676 crore (in 2023), in which current liabilities are ₹1,63,473 crore and non-current liabilities are ₹2,82,203 crore.
• Debt to equity is 34.79 and book value is 34 as per 2023 records.
• Revenue is also increased to ₹23,932 crore in 2023.
• EBITA is also increased to ₹23,798 crore in 2023 which was ₹20,178 in 2022.
• Net profit in 2023 is ₹6,337 crore.
• Cash flow from operating activities is ₹-28,583 crore and cash flow from investing activities is ₹0.09 crore whereas cash flow from financing activities is ₹28,643 crore.
• Closing cash balance is ₹206 crore and net change in cash is ₹59 crore.
IRFC Shareholding Pattern
Conclusion
We have discussed the IRFC share price target for 2024, 2025, 2026 , 2027 to 2030. Analysts are expecting that IRFC share can generate good returns on investments but remember this that market conditions can affect it’s share price. So consult with a financial advisor or do you own research before investing in share market.
FAQs
What is the IRFC Share Price Target 2024?
IRFC share price can rise upto ₹285.10 in 2024.
What is the IRFC Share Price Target 2025?
IRFC share price can rise upto ₹392.55 in 2025.
What is the IRFC Share Price Target 2030?
IRFC share price can rise between ₹691.20 to ₹825.00 in 2030.
Also Read: HDFC Bank Share Price Target
Disclaimer: We are not SEBI-registered. The information given here is only for educational purposes. Share market is risky, so please research before investing.