IRFC | Sector in Focus 2024 | CA Rachana Ranade
Published: 2024-01-05
Status:
Available
|
Analyzed
Published: 2024-01-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Indian Railways plans to invest 7 trillion rupees (7 lakh crore) in laying tracks over the next decade.
"Railways are going to invest 7 trillion rupees 7 trillion is 7 lakh CR rupees to lay tracks over the next decade."
Pending
Indian Railways aims to lay 50,000 kilometers of new tracks to modernize its network and increase train speeds.
"it is mentioned that they are planning to lay a record 50,000 kilometer of tracks of new train tracks basically to modernize its network and boost train speeds"
Pending
Indian Railways plans to invest 1 trillion rupees (1 lakh crore) in new trains.
"they're also planning to invest one lakh CR rupees in new trains, now again one lakh CR is 1 trillion in new trains"
Pending
Indian Railways passenger numbers are projected to increase from 700 crore annually to 1,000 crore annually by 2030.
"currently the existing Railways accommodate 700 CR passengers annually but this figure is expected to rise to 1,000 CR passengers annually by 2030."
Pending
Indian Railways received a capital outlay of 2.41 lakh crore in the Union Budget for FY 2023-24.
"the union budget announced the railways will receive a capital outlay of 2 lakh 41,000 crores for FY 23-24"
Pending
IRFC acts as the funding arm for Indian Railways, borrowing funds from financial markets to acquire assets leased to the railways.
"IRFC basically borrows funds from the financial markets to acquire or create assets that are then leased to the Indian railways so basically they are the funding arm for mobilizing funds from domestic and overseas Capital Market"
Pending
IRFC benefits from the absence of interest rate risk and foreign exchange fluctuation risk on its borrowings.
"IRFC has is that there is no interest rate risk there is no foreign exchange fluctuation risk or whatever if they're borrowing from capital markets abroad"
Pending
IRFC's assets under management have consistently grown from FY18 to FY23, reaching 4.66 lakh crore.
"from Financial year 18 to financial year 23 their assets under management have continuously risen and the latest one is 4.66 lakh CR."
Pending
IRFC has signed an MOU with RITES and IIFCL for strategic collaboration on co-financing railway infrastructure projects.
"IRFC has entered into MOU with rights and IIFCL for a strategic collaboration for Co-financing Railway Infrastructure projects."
Pending
The government is promoting the development of multimodal logistics parks and port-led development initiatives like Sagar Mala.
"government is pushing for development of multimodal logistic parks and they also pushing programs such as Sagar Mala for promoting Port Le development"
Pending
IRFC can provide financing for infrastructure development within multimodal logistics parks, such as laying railway tracks or building highways.
"if such tracks need to be laid down or let us say some Highway a good a good road needs to be developed at such a multimodal park can I say this company can provide financing for that"
Pending
IRFC's interest earned (revenue) has doubled from approximately 13,400 crore in March 2020 to 26,000 crore on a TTM basis.
"their sales now sales, here will be what their interest earned that has been steadily increasing and especially if you see last four years so from 13,400 crores they have jumped TTM to almost 26,000 crores"
Pending
IRFC has achieved a compounded sales growth of 21% over the last 3 and 5 years, and 15% on a TTM basis.
"compounded sales growth 3 years 21% 5 Years also 21% TTM at 15%"
Pending
IRFC's compounded profit growth is 25% over the last 3 and 5 years, despite a -6% TTM growth.
"compounded profit growth last so if you see here TTM is minus 6% but 3 years 5 years is decent enough at plus 25%"
Pending
The Government of India, through the Ministry of Railways, holds 86% of IRFC's shares.
"promoters of course has to be the government of India it is one of the mini ratna company and that is the reason why the shareholding is through president of India acting through MOR. What MOR? MOR is the Ministry of Railways right so if you see here they are holding 86%"
Pending
The stock's technical chart exhibits an up flag pattern, suggesting potential price targets can be calculated based on this pattern.
"this is clearly an example of an up flag right... I hope you know how to understand what the up flag pattern is how to calculate targets based on up flag"
Pending