IRFC Share Price in Focus Today After Board Approves ₹0.8 Per Share Second Interim Dividend

The Board of Indian Railways Finance Corporation (IRFC) Ltd. has approved its second interim dividend of ₹0.8 per share for shareholders on Monday, March 17.

This marks the 9th instance of the state-run railway financier issuing a dividend payout since its listing in 2021.

IRFC Dividend History

Since its debut on the stock market, IRFC has declared a dividend of ₹1 or more per share only once, which was in February 2021. Over the past five dividend payouts, starting in 2022, the company has alternated between ₹0.8 per share and ₹0.7 per share.

Since its listing in 2021, Indian Railways Finance Corporation (IRFC) has consistently issued dividend payouts, totaling ₹7.05 per share to date.

The company’s dividend history includes ₹1.05 per share in February 2021, followed by ₹0.77 in November 2021. In September 2022, IRFC declared a dividend of ₹0.63 per share, which was later increased to ₹0.8 in November 2022.

In subsequent years, the company alternated between ₹0.8 and ₹0.7 per share, with payouts of ₹0.7 in September 2023, ₹0.8 in November 2023, ₹0.7 in August 2024, ₹0.8 in November 2024, and its latest dividend of ₹0.8 per share in March 2025.

Potential Government Stake Sale for MPS Compliance

IRFC is among the companies in which the government may consider selling a stake to comply with the Minimum Public Shareholding (MPS) norms.

The government currently holds an 86.36% stake in the company, which might require a reduction to meet regulatory guidelines.

Stock Performance 

On March 17, 2025, IRFC share price ended 0.89% higher at ₹118.75. IRFC’s share price reached a 52-week high of ₹229.05, and a 52-week low of ₹108.05. As per BSE, the total traded volume for the stock stood at 19.81 lakh shares with a turnover of ₹23.49 crores.

At the current price, IRFC shares are trading at a price-to-earnings (P/E) ratio of 23.74x, based on its trailing 12-month earnings per share (EPS) of ₹5, and a price-to-book (P/B) ratio of 3.02, according to exchange data.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.