We are here with IRFC Corporation to predict its share price for the years 2023 to 2030. It is a public sector financial institution established in India dedicated to the financing of the Indian Railways. Some of our readers would like to know its financial results, target price, future growth prospects, and many more.
Before we start to share the target price, we need to cover some basic information about the company. IRFC is the Indian Railway Finance Corporation, which was established in 1986 under the Indian Companies Act, of 1956.
The main objective of this company is to raise funds from the market to finance the expansion and modernization of the Indian Railways. The company issues bonds, which are subscribed to by institutional investors and the general public.
As per the official report, the total assets are Rs 40,996 crore, revenue Rs 20,302 crore and net profit Rs 6,090 crore in the financial year 2021-22. Compared to last year, revenue growth increased by 7.02% ↑, and profit decreased by – 4.96% ↓.
In this forecast, we will predict the share price of IRFC for the years 2023, 2024, 2025, 2026, 2028 to 2030 based on our research and analysis.
IRFC Limited Overview
Indian Railway Finance Corporation (IRFC) is the dedicated financing institution of the Indian Railways. It is owned by the Government of India and is registered with the Reserve Bank of India as a Non-Banking Financial Company. It is listed on the National Stock Exchange and the Bombay Stock Exchange in India.
IRFC plays a vital role in the development of Indian Railways, which is an important infrastructure sector. Its efficient funding mechanism and strategies have helped Indian Railways to expand and modernize operations.
Fundamentals of IRFC Ltd
IRFC is listed on National Stock Exchange and Bombay Stock Exchange in January 2021. Since then, its performance has been relatively stable and has provided good returns.
| Company | IRFC (Indian Railway Finance Corporation) |
| Industry | Financial Company |
| Country | India |
| Founded | 12 December 1986 |
| IPO Date | 18 January 2021 |
| Revenue | ₹ 20,302 Cr |
| Net Profit | ₹ 6,090 Cr |
| Net Profit Margin | 30.00% |
| PE (TTM) | 5.34 |
| ROE | 15.84% |
| Debt to Equity | 9.13 |
| Buy/ Sell/ Hold | Hold |
| Face Value | 10 |
Click below for the latest data:
Shareholding pattern
Almost the entire shareholding of the company is held by the promoter group, which is the Government of India. The shareholding pattern is subject to change over time depending on the policies and decisions of the Government.
| Promoters | 86.36% |
| Mutual Funds | 1.76% |
| Retail & Others | 9.67% |
| Domestic Institutions | 1.20% |
| Foreign Institutions | 1.01% |
IRFC Share Price Target 2023, 2024, 2025, 2026, 2028 and 2030
According to top market experts, IRFC’s share price target is Rs 47 to Rs 65 for the next 12 months. But, some analysts estimate a target price of Rs 83 to Rs 105 per share for IRFC over the next five years.
However, the Banshala team has come up with a technical and fundamental analysis with target prices for the years 2023 to 2030.
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2023 | 36 | 52 |
| 2024 | 47 | 66 |
| 2025 | 69 | 93 |
| 2026 | 84 | 102 |
| 2027 | 105 | 136 |
| 2028 | 132 | 158 |
| 2029 | 151 | 176 |
| 2030 | 171 | 205 |
A share price target is an estimated value of a stock based on where the stock price may be headed in the future. If you go with long-term then this stock can be a good option. But, its history shows that you can expect minimum guaranteed returns without any risk.
2023
As per our research and analysis, the minimum share price target is Rs 36.00. And the maximum price target for IRFC shares is Rs 52.00 by 2023.
| Target-I | Rs 36.00 |
| Target-II | Rs 52.00 |
2024
As per our analysis and research, the minimum target price for IRFC shares is Rs 47. And at the same time, the maximum target for IRFC shares is Rs 66.00 in 2024.
| Target-I | Rs 47.00 |
| Target-II | Rs 66.00 |
2025
In 2025, as per our forecast system, the first target price for IRFC shares is Rs 69.00. In the same year, the maximum target price for IRFC shares till 2025 is Rs 93.00.
| Target-I | Rs 69.00 |
| Target-II | Rs 93.00 |
2026
The first target price for IRFC shares is Rs 84.00. And the second target price for IRFC shares at the end of the year is Rs 102.00 in 2026.
| Target-I | Rs 84.00 |
| Target-II | Rs 102.00 |
2028
In 2028, as per our research and analysis, the minimum target price for IRFC shares is Rs 132.00. In the same year, an uptrend move will be shown and the highest target price for IRFC shares at the end of the year is Rs 158.00 in 2028.
| Target-I | Rs 132.00 |
| Target-II | Rs 158.00 |
2030
In 2030, the first target price for IRFC shares is Rs 171.00. Similarly, the second target price for IRFC shares is Rs 205.00 in 2030.
| Target-I | Rs 171.00 |
| Target-II | Rs 205.00 |
Risk factors
The following factors can potentially affect IRFC share price targets such as interest rates and government policies. Additionally, any unexpected changes in the economy or geopolitical events can also affect the share price.
See also – IRFC Dividend record date 2023
FAQs
A: The maximum target price for IRFC shares in 2025 is Rs 60.00.
A: The current share price of IRFC in 2023 is Rs 26.65.
A: The maximum target price for IRFC shares in 2028 is Rs 153.00.
A: You can expect average returns in the future with fewer risks.
Disclaimer: The share price targets on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice. Before investing, you should do your own research and consult your financial advisor.
