Indian Railway Finance Corporation Limited — Investor Meet, 27-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

IRFC reported a strong Q3 FY'26, surpassing asset sanction guidance and achieving three-fourths of its INR 30,000 Cr disbursement target. Management highlights the success of IRFC 2.0, diversifying beyond Indian Railways to the broader railway ecosystem, securing 2x-3x higher margins. AUM grew from INR 4.6 lakh Cr to INR 4.75 lakh Cr, with a long-term vision for INR 5 lakh Cr+. The company raised its first ECB in 3 years and zero-coupon bonds at attractive rates. Provisions for standard assets were noted, but management affirms a zero-NPA focus on A-rated government-linked entities. NIM expanded to 1.51% (YoY), and a robust pipeline signals continued growth in PAT and NIM. Management is confident in sustaining this performance.