Indian Railway Finance Corporation Limited (IRFC) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.247x

Based on the latest financial reports, Indian Railway Finance Corporation Limited (IRFC) has a cash flow conversion efficiency ratio of -0.247x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs-140.13 Billion ≈ $-1.52 Billion USD) by net assets (Rs566.25 Billion ≈ $6.12 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See IRFC net asset quality index to measure how much of total assets are equity-financed.

Indian Railway Finance Corporation Limited - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Indian Railway Finance Corporation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Indian Railway Finance Corporation Limit cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Indian Railway Finance Corporation Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Indian Railway Finance Corporation Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Generac Holdings Inc NYSE:GNRC	0.045x
CoStar Group Inc NASDAQ:CSGP	0.008x
Rubrik, Inc. NYSE:RBRK	-0.183x
Ally Financial Inc NYSE:ALLY	0.078x
VERBUND AG ADR 1/5/O.N. F:OEW	0.023x
Anhui Tongguan Copper Foil Group Co. Ltd. SHE:301217	N/A
Embraer S.A. SA:EMBR3	-0.021x
Nio Inc Class A ADR NYSE:NIO	-0.754x

Annual Cash Flow Conversion Efficiency for Indian Railway Finance Corporation Limited (2013–2025)

The table below shows the annual cash flow conversion efficiency of Indian Railway Finance Corporation Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Indian Railway Finance Corporation Limit worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs526.68 Billion ≈ $5.70 Billion	Rs82.30 Billion ≈ $890.00 Million	0.156x	-2.90%
2024-03-31	Rs491.79 Billion ≈ $5.32 Billion	Rs79.14 Billion ≈ $855.88 Million	0.161x	+125.60%
2023-03-31	Rs454.70 Billion ≈ $4.92 Billion	Rs-285.84 Billion ≈ $-3.09 Billion	-0.629x	+59.99%
2022-03-31	Rs409.96 Billion ≈ $4.43 Billion	Rs-644.12 Billion ≈ $-6.97 Billion	-1.571x	+37.24%
2021-03-31	Rs359.13 Billion ≈ $3.88 Billion	Rs-899.07 Billion ≈ $-9.72 Billion	-2.503x	-20.94%
2020-03-31	Rs303.00 Billion ≈ $3.28 Billion	Rs-627.18 Billion ≈ $-6.78 Billion	-2.070x	-23.29%
2019-03-31	Rs248.66 Billion ≈ $2.69 Billion	Rs-417.48 Billion ≈ $-4.51 Billion	-1.679x	-21.54%
2018-03-31	Rs203.24 Billion ≈ $2.20 Billion	Rs-280.76 Billion ≈ $-3.04 Billion	-1.381x	-105.38%
2017-03-31	Rs-7.59 Billion ≈ $-82.11 Million	Rs-194.93 Billion ≈ $-2.11 Billion	25.673x	+1906.71%
2016-03-31	Rs115.25 Billion ≈ $1.25 Billion	Rs-163.77 Billion ≈ $-1.77 Billion	-1.421x	-854.81%
2015-03-31	Rs86.82 Billion ≈ $938.88 Million	Rs-12.92 Billion ≈ $-139.73 Million	-0.149x	+89.26%
2014-03-31	Rs75.62 Billion ≈ $817.81 Million	Rs-104.82 Billion ≈ $-1.13 Billion	-1.386x	-6.64%
2013-03-31	Rs63.94 Billion ≈ $691.52 Million	Rs-83.12 Billion ≈ $-898.89 Million	-1.300x	--

About Indian Railway Finance Corporation Limited

NSE:IRFC India Credit Services

Market Cap

$12.54 Billion

Rs1.16 Trillion INR

Market Cap Rank

#1860 Global

#70 in India

Share Price

Rs88.72

Change (1 day)

+0.35%

52-Week Range

Rs87.23 - Rs135.65

All Time High

Rs215.48