Indian Railway Finance Corporation Limited (IRFC) — Cash Flow Quality Index
Indian Railway Finance Corporation Limited (IRFC) has a Cash Flow Quality Index of -7.78x as of December 2025. Operating cash flow of Rs-140.13 Billion is below net income of Rs18.02 Billion, suggesting accrual-heavy earnings not yet converted to cash. Also explore Indian Railway Finance Corporation Limit total assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Indian Railway Finance Corporation Limited Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Indian Railway Finance Corporation Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Indian Railway Finance Corporation Limit tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Indian Railway Finance Corporation Limited (2013–2025)
Year-by-year earnings quality comparison for Indian Railway Finance Corporation Limited. For live market cap and the full company financial profile, see IRFC market cap.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.27x | Rs82.30 Billion | Rs65.02 Billion | ▲ +2.5% |
| 2024 | 1.23x | Rs79.14 Billion | Rs64.12 Billion | ▲ +127.4% |
| 2023 | -4.51x | Rs-285.84 Billion | Rs63.37 Billion | ▲ +57.4% |
| 2022 | -10.58x | Rs-644.12 Billion | Rs60.90 Billion | ▲ +48.0% |
| 2021 | -20.36x | Rs-899.07 Billion | Rs44.16 Billion | ▼ -3.6% |
| 2020 | -19.65x | Rs-627.18 Billion | Rs31.92 Billion | ▼ -29.7% |
| 2019 | -15.15x | Rs-417.48 Billion | Rs27.55 Billion | ▼ -36.6% |
| 2018 | -11.09x | Rs-280.76 Billion | Rs25.32 Billion | ▲ +47.6% |
| 2017 | -21.16x | Rs-194.93 Billion | Rs9.21 Billion | ▼ -9.7% |
| 2016 | -19.30x | Rs-163.77 Billion | Rs8.49 Billion | ▼ -1032.6% |
| 2015 | -1.70x | Rs-12.92 Billion | Rs7.58 Billion | ▲ +88.6% |
| 2014 | -14.96x | Rs-104.82 Billion | Rs7.01 Billion | ▲ +6.1% |
| 2013 | -15.94x | Rs-83.12 Billion | Rs5.22 Billion | — |