AUM of Rs 5 lakh crore by FY27 year-end
Management reiterated targeting Rs 5 lakh crore AUM by March 2027, up from Rs 4.84 lakh crore closing of FY26, with disbursements expected to accelerate in Q2-Q4.
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Indian Railway Finance Corporation · forward-looking guidance across the available source record.
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What management said would happen.
growth
NIM to exceed 1.60% by Q4 FY27
Current NIM of 1.48% expected to improve through portfolio repricing as high-yielding diversified assets replace legacy low-margin railway loans. Average FY27 NIM guidance maintained at 1.65%.
NIM of 2% by end of FY30
Management targets 2% NIM by 2030, implying ~10bps annual average improvement as portfolio mix shifts toward higher-margin metro, rapid rail, and infrastructure financing.
Annual disbursements of Rs 50,000-60,000 crore from rail projects
High-speed rail and dedicated freight corridor financing expected to generate Rs 50,000-60,000 crore annual disbursements for over a decade once structured solutions are finalized.
AUM to reach ₹5 lakh crore+ in near term
Management expects AUM to grow to ₹5 lakh crore plus, with a five-year target of adding ₹3 lakh crore from 20 new clients.
60:40 revenue mix by 2030
IRFC targets 60% of revenue from Indian Railways and 40% from the railway ecosystem by 2030.
NIM to exceed 1.5% for FY26
Net interest margin for the full year is expected to be above 1.5%, compared to 1.4% last year.
FY27 sanctions >75,000 cr and disbursements >35,000 cr
Management expects to surpass FY26 levels in both sanctions and disbursements, with a strong pipeline.
Double-digit growth in revenue, PAT, EPS, and NIM in FY27
All key financial metrics are targeted to grow by at least 10% year-on-year.
NIM to improve to 1.65% by end of FY27
Net interest margin expected to rise from 1.50% to 1.65% as higher-margin diversified assets replace railway loans.
AUM to cross 5 lakh cr in H1 FY27
Asset under management expected to reach the milestone of 5 lakh crore in the first half of the fiscal year.