Indian Railway Finance Corporation Limited (IRFC) — Net Asset Quality Index
Indian Railway Finance Corporation Limited (IRFC) has a Net Asset Quality Index of 11.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs4.98 Trillion minus total liabilities of Rs4.42 Trillion yields net assets of Rs566.25 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Indian Railway Finance Corporation Limit (IRFC) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Indian Railway Finance Corporation Limited Net Asset Quality Index Over Time (2013–2025)
This chart shows how Indian Railway Finance Corporation Limited's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the index stands at 11.4%, representing net assets of Rs566.25 Billion against total assets of Rs4.98 Trillion INR. See IRFC working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Indian Railway Finance Corporation Limited (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Indian Railway Finance Corporation Limited from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Indian Railway Finance Corporation Limit.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 10.8% | Rs526.68 Billion | Rs4.89 Trillion | Rs4.36 Trillion | ▲ +0.6 pp |
| 2024 | 10.1% | Rs491.79 Billion | Rs4.85 Trillion | Rs4.36 Trillion | ▲ +0.9 pp |
| 2023 | 9.3% | Rs454.70 Billion | Rs4.91 Trillion | Rs4.46 Trillion | ▲ +0.1 pp |
| 2022 | 9.1% | Rs409.96 Billion | Rs4.50 Trillion | Rs4.09 Trillion | ▼ -0.3 pp |
| 2021 | 9.4% | Rs359.13 Billion | Rs3.80 Trillion | Rs3.45 Trillion | ▼ -1.6 pp |
| 2020 | 11.0% | Rs303.00 Billion | Rs2.76 Trillion | Rs2.45 Trillion | ▼ -1.0 pp |
| 2019 | 12.0% | Rs248.66 Billion | Rs2.06 Trillion | Rs1.82 Trillion | ▼ -0.5 pp |
| 2018 | 12.6% | Rs203.24 Billion | Rs1.61 Trillion | Rs1.41 Trillion | ▲ +25.8 pp |
| 2017 | -13.2% | Rs-7.59 Billion | Rs57.67 Billion | Rs65.26 Billion | ▼ -23.8 pp |
| 2016 | 10.6% | Rs115.25 Billion | Rs1.08 Trillion | Rs968.75 Billion | ▲ +0.7 pp |
| 2015 | 9.9% | Rs86.82 Billion | Rs876.47 Billion | Rs789.65 Billion | ▲ +0.9 pp |
| 2014 | 9.0% | Rs75.62 Billion | Rs839.30 Billion | Rs763.68 Billion | ▼ 0.0 pp |
| 2013 | 9.0% | Rs63.94 Billion | Rs707.55 Billion | Rs643.61 Billion | — |