INDIAN RAILWAY FINANCE CORPORATION LTD.

Trendlyne Stock Report

Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

₹154 (0.4% ) 52 Week High Low

25.4
154

192.8
Market Cap: 2.0T Avg Daily Volume: 114.4M
NSE | Feb 14, 2024 11:17 AM

DVM SUMMARY

Expensive Rocket D V M

These stocks are a favourite among investors due to their bullish nature, good technical aspects but they have bad valuation and medium financials.

Durability Score (D) Medium Financial Strength Valuation Score (V) Expensive Valuation Momentum Score (M) Technically Bullish

Bad Medium Good Bad Medium Good Bad Medium Good

50 23 74
0 35 55 100 0 30 50 100 0 35 60 100

ANALYST RECOMMENDATION TRENDLYNE CHECKLIST

Consensus Recommendation Target Price

BUY 44 (-71.75%) 40.9% Passed in checklist
Financials 2 6
1 1

Total : 2 Ownership 3 1
Strong Buy Buy Hold Sell Strong Sell

Peer Comparison 1 2
Low Estimate Current
32 Price
Value & Momentum 3 5
154
Total 9 13 1
43.5 55
Average Estimate High Estimate

The consensus recommendation is based on 2 analyst recommendations. The Consensus Estimate is The Trendlyne Checklist checks if the company meets the key criteria for financial health and
the aggregate analyst estimates for listed Indian companies. consistent growth.

KEY STATISTICS

Ratios Financials
TTM PE Ratio ROE Annual % ROCE Annual % Operating Revenue TTM Revenue Growth Annual YoY Net Profit Annual
%
33.3 13.9 9.1 26423.4 6337.0
17.9
Above industry Median High in industry Above industry Median High in industry High in industry
Above industry Median

EBIT Annual Margin % TTM PEG Ratio Long Term Debt To Equity
Annual Net Profit TTM Growth % Dividend yield 1yr % EPS TTM Growth %
99.5 -4.7
4.8 -7.1 1.0 -7.1
High in industry PEG TTM is negative
High in industry
Negative Net Profit TTM Growth % Above industry Median Negative EPS TTM Growth %

PRICE VOLUME CHARTS

1 Year Return : 414.2% 5 Year Return : 492.3%

150 150

100 100

50 50

0 0

APR JUN AUG OCT DEC FEB JUL JAN JUL JAN JUL JAN

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 INDIAN RAILWAY FINANCE CORPORATION LTD. Trendlyne Stock Report
Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

Durability Summary

Durability Score Indian Railway Finance Corporation Ltd. has a durability score of 50, which indicates Medium Financial Strength.

50 / 100
A High Durability Score (greater than 55) indicates good and consistent financial performance : stable revenues, cash flows, and low debt.

The Durability score looks at many different metrics, including long-term performance data, to identify stocks that have stood the test of time.

Medium Financial Strength

Bad Medium Good

50
0 35 55 100

Durability Trend Indian Railway Finance Corporation Ltd. : Feb '23 - Feb '24 Durability v/s Peers

60
GOOD Indian Railway Finance 50.0
Corporation
Bajaj Finance 55.0
40
MEDIUM Jio Financial Services

Power Finance Corporation 45.0

20
REC 60.0

Cholamandalam Investment & 30.0

Finance Company
0
Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24
Shriram Finance 45.0

0 10 20 30 40 50 60 70

Score Distribution (% of time in each zone) Variability (Range)

Good Medium Bad Maximum Minimum Indian Railway Finance Corporation Ltd. (50) has third-highest Durability score amongst its
0% 100.0% 0% 50.0 (08 Feb '24) 40.0 (12 Feb '24) peers, behind Bajaj Finance Ltd. (55)

Financial Metrics

Total Revenue Annual Cr Net Profit Annual Tax Annual Revenue Growth Annual YoY %

23,932.628 17.9% YoY Mar'23 6,337.013 4.1% YoY Mar'23 1000 17.9% -37.7% YoY Mar'23
646.8
40k 10k 537.8 40
500 28.7
26466.6 6089.8 6337 24.3
20301.6 21.8
4416.1 17.9
20k 13838.5 5k 20 14
11020.2 0 0 0.3 0
2254.7 0
1
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Total Revenue Annual Cr growth is stable Net Profit Annual growth is lower than Revenue Growth Annual YoY % is falling
compared to historical averages. historical averages. faster than historical averages.

CAGR 2Y 23.2% CAGR 2Y 19.8% CAGR 2Y 13.2%

3Y 20.0% 3Y 19.7% 3Y -9.7%
5Y 16.8% 5Y 25.9% 5Y -3.9%

Operating Profit Margin Annual % Net Profit TTM Growth % Operating Revenues Qtr Cr Net Profit Qtr

99.3% -0.1% YoY Mar'23 4.1% -89.3% YoY Mar'23 6,741.863 8.4% YoY Dec'23 1,604.227 -1.8% YoY Dec'23
150 40 10k 2k
1633.4 1556.6 1549.9 1604.2
99.6 99.6 99.5 99.3 99.4 99.3 37.9 6766.3 6741.9
6218 6236.1 6679.2 1714.3 1327.7
100 5809.8
5k 1k
20
50

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Operating Profit Margin Annual % is falling Operating Revenues Qtr Cr is falling faster Net Profit Qtr growth is higher than
faster than historical averages. than historical averages. historical averages.

CAGR 2Y -0.0% YoY 8.4% YoY -1.8%

3Y -0.1% QoQ -0.4% QoQ 3.5%
5Y -0.1%

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 INDIAN RAILWAY FINANCE CORPORATION LTD. Trendlyne Stock Report
Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

Balance Sheet

Total Assets Annual Total ShareHolders Funds Annual Working Capital Annual Cr

491,146.7 9.1% YoY Mar'23 45,470.3 10.9% YoY Mar'23 247,011 914.2% YoY Mar'23
750k 50k 400k
40996.3
247011
491146.7 45470.3 197424.2 208059.5
30962.4
500k 200k
378051.7
275934.2 25k 24354.3
250k 13565.2 0
162332.1
-11364.9
0 0 -200k
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Total Assets Annual growth is lower than Total ShareHolders Funds Annual growth is Working Capital Annual Cr growth is higher
historical averages. lower than historical averages. than historical averages.

CAGR 2Y 13.98% CAGR 2Y 12.52% CAGR 2Y 8.96%

3Y 21.19% 3Y 13.67% 3Y 10.27%
5Y 24.78% 5Y 27.37% 5Y 285.11%

Cashflow

Cash from Operating Activity Annual Cash from Investing Activity Annual Cash from Financing Annual Activity Net Cash Flow Annual

-28,583.8 55.6% YoY Mar'23 0.1 101.9% YoY Mar'23 28,643.3 -55.4% YoY Mar'23 59.5 139.5% YoY Mar'23
0 5 100k 500
1.7 1.3 1.5 295.8
0.4 0.1 90202
62713.8
0 250
-27936.2 -28583.8 92.3
-50k 50k 41749.5 59.5
-41748.2 2.6
28026.8 28643.3
-5 0
-89906.6 -4.7 -2.3 -150.7

-100k -10 0 -250

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Cash from Operating Activity Annual growth Cash from Investing Activity Annual growth Cash from Financing Annual Activity is Net Cash Flow Annual growth is stable
is higher than historical averages. is higher than historical averages. falling faster than historical averages. compared to historical averages.

CAGR 2Y 43.61% CAGR 2Y -53.62% CAGR 2Y -43.65% CAGR 2Y -55.14%

3Y 23.04% 3Y -60.46% 3Y -22.99% 3Y 394.66%
5Y -0.46% 5Y -44.15% 5Y 0.44% 5Y -8.4%

Financial Ratios

ROE Annual % ROCE Annual % RoA Annual % Current Ratio Annual

13.9% -6.2% YoY Mar'23 9.1% -81.3% YoY Mar'23 1.3% -4.4% YoY Mar'23 2.1 96.0% YoY Mar'23
20 75 2 40
14.8 14.8 13.9
12.3 48.6 26.9
11.9 1.3 1.4 1.3
50 1.2
9 1.1 1.2
10 20
1
25
8 5.6 7.4 7.3 9.1 3.1
0.6 2.3 1.1 2.1
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Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Mar'23

M

ROE Annual % is falling faster than historical ROCE Annual % is falling faster than RoA Annual % is falling faster than historical Current Ratio Annual growth is higher than
averages. historical averages. averages. historical averages.

CAGR 2Y 6.46% CAGR 2Y 11.91% CAGR 2Y 5.45% CAGR 2Y -4.62%

3Y 5.33% 3Y 7.11% 3Y -1.01% 3Y -12.07%
5Y -1.19% 5Y 2.51% 5Y 0.96% 5Y 30.26%

Net Profit Margin Annual % Interest Coverage Ratio Annual EBIT Annual Margin %

26.5% -11.6% YoY Mar'23 1.4 -4.9% YoY Mar'23 99.5% 0.2% YoY Mar'23
40 2 150
28 30
26.7 26.5 1.4 1.4 99.7 99.6 99.5 99.3 99.3 99.5
1.3 1.4 1.4 1.4
20.3 100
18.2
20
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Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Mar'23

M

Net Profit Margin Annual % is falling faster Interest Coverage Ratio Annual is falling EBIT Annual Margin % is growing faster than
than historical averages. faster than historical averages. historical averages.

CAGR 2Y -2.68% CAGR 2Y -1.06% CAGR 2Y 0.15%

3Y -0.2% 3Y -0.06% 3Y 0.01%
5Y 7.81% 5Y 0.94% 5Y -0.02%

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 INDIAN RAILWAY FINANCE CORPORATION LTD. Trendlyne Stock Report
Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

Key Metrics - Peer Comparison

COMPARISON INDIAN RAILWAY FINANCE BAJAJ FINANCE JIO FINANCIAL POWER FINANCE REC CHOLAMANDALAM INVESTMENT & SHRIRAM
CORPORATION LTD. LTD. SERVICES LTD. CORPORATION LTD. LTD. FINANCE COMPANY LTD. FINANCE LTD.
(1) (2) (3) (4) (5) (6) (7)

Valuation Score 23.3 24.8 5.8 63.0 54.3 26.8 53.0

P/E Ratio TTM 33.3 29.7 566.8 7.4 9.5 29.3 13.4

Forward P/E Ratio - 28.5 - 9.7 9.2 28.0 12.3

PEG Ratio TTM -4.7 1.1 - 0.2 0.4 1.0 0.4

Forward PEG Ratio - 1.3 - 0.4 0.4 1.2 0.6

Price to Book Value 4.4 7.5 9.8 1.2 2.2 6.6 2.0

Price to Sales TTM 7.6 8.0 347.1 1.6 2.8 5.4 2.6

Price to Sales Annual 1.5 8.2 - 0.5 0.8 4.9 1.5

EV to EBITDA 19.0 19.3 - 11.1 10.9 16.6 9.0

Market Cap to Sales 1.5 8.2 - 0.5 0.8 4.9 1.5

Price to Free Cash Flow 59.5 -1830.7 -0.3 -874.2 -179.9 -1787.0 -5998.8

Graham Number 60.1 2103.5 17.3 659.7 495.1 383.2 2153.8

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 INDIAN RAILWAY FINANCE CORPORATION LTD. Trendlyne Stock Report
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Banking and Finance

Valuation Summary

Valuation Score Indian Railway Finance Corporation Ltd. has a valuation score of 23, which indicates an Expensive Valuation.

23 / 100
A High Valuation Score (greater than 50) indicates the stock is competitively priced at current P/E, P/BV and share price.

The Valuation helps you identify stocks which are still bargains, and whose strengths are not fully priced into the share price.

Expensive Valuation

Bad Medium Good

23
0 30 50 100

Valuation Trend Indian Railway Finance Corporation Ltd. : Feb '23 - Feb '24 Valuation v/s Peers

100
Indian Railway Finance 23.3
Corporation
75 Bajaj Finance 24.8

GOOD Jio Financial Services 5.8

50

Power Finance Corporation 63.0

MEDIUM
25
REC 54.3

Cholamandalam Investment & 26.8

0
Finance Company
3

23

23

23

4
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Shriram Finance 53.0

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0 10 20 30 40 50 60 70

Score Distribution (% of time in each zone) Variability (Range)

Good Medium Bad Maximum Minimum Indian Railway Finance Corporation Ltd. (23) has sixth-highest Valuation score amongst its
44.3% 46.7% 8.9% 54.2 (17 Apr '23) 19.7 (20 Jan '24) peers, behind Bajaj Finance Ltd. (25)

P/E Buy Sell Zone

Indian Railway Finance Corporation Ltd. has spent 98.0% of the time below the current P/E 33.3.
This puts it in the PE Strong Sell Zone

Strong Sell Zone 98.0% into P/E buy sell zone This is based on the tendency of the P/E value to revert to its historical mean.

If the P/E value has spent most of its time below the current value, then it means that most gains
have probably been realised already, and it is time to sell.
Strong upside potential % time spent below current P/E Gains already realized If the P/E value has spent very little time below the current value, then it means that there is strong
potential upside, and it is time to buy.

Valuation Metrics

PE TTM Price to Earnings Price To Sales Annual DividendPayoutCP_A Graham Number

33.3 523.4% YoY Feb'24 1.5 5.4% YoY Feb'24 0.3 12.9% YoY Feb'24 60.1 1.5% YoY Feb'24
40 2 0.5 75
33.3 59.3 60.1
1.9 0.4
1.4 1.5 53.6
0.3
0.3 50 42.1
20 1 0.25
25
7.6
4.6 5.3
0
0 0 0 0
Mar'21 Mar'22 Mar'23 Feb'24 Mar'22 Mar'23 Feb'24 Mar'21 Mar'22 Mar'23 Feb'24 Mar'21 Mar'22 Mar'23 Feb'24

CAGR 2Y -9.9% CAGR 2Y -12.5% CAGR 2Y -2.6% CAGR 2Y 16.1%

3Y - 3Y - 3Y - 3Y 30.4%
5Y - 5Y - 5Y - 5Y -

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 INDIAN RAILWAY FINANCE CORPORATION LTD. Trendlyne Stock Report
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Banking and Finance

Momentum Summary

Momentum Score Indian Railway Finance Corporation Ltd. has a Momentum score of 74, which indicates that it is Technically Bullish.

74 / 100
A High Momentum Score indicates the stock is seeing buyer demand, and is bullish across its technicals compared to the rest of the stock
universe.

Momentum is a very effective short term score, while Durability and Valuation help assess the stock’s health over the long term.
Technically Bullish

Bad Medium Good

74
0 35 60 100

Momentum Trend Indian Railway Finance Corporation Ltd. : Feb '23 - Feb '24 Momentum v/s Peers 13 Feb '24

100
Indian Railway Finance 73.6
Corporation
75 Bajaj Finance 34.7
GOOD
Jio Financial Services 36.1
50

MEDIUM Power Finance Corporation 69.4

25
REC 69.2

Cholamandalam Investment & 47.4

0
Finance Company
3

23

23

23

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Score Distribution (% of time in each zone) Variability (Range)

Good Medium Bad Maximum Minimum Indian Railway Finance Corporation Ltd. (74) has highest Momentum score amongst its peers.
66.8% 33.2% 0% 82.1 (24 Jan '24) 45.6 (18 Jul '23)

Price Change Analysis Key Momentum Metrics

LTP : 154 RSI MFI

1 Day 145.5 157.4

54 44.8
1 Week 127.65 165.9
RSI is 54.0, RSI below 30 is considered oversold MFI is 44.8, MFI below 30 is considered
and above 70 overbought oversold and above 70 overbought
1 Month 116.7 192.8

3 Months 72.7 192.8

MACD MACD Signal Line
6 Months 44.85 192.8
8.8 13.8
1 Year 25.4 192.8
MACD is above its Center Line, but below MACD is above its Center Line, but below
3 Year 19.3 192.8 signal line. signal line.

5 Year 19.3 192.8

ATR
0 25 50 75 100 125 150 175 200 225

12.5

Simple Moving Averages Exponential Moving Averages

Indian Railway Finance Corporation Ltd. is trading above 6 out of 8 SMAs. Indian Railway Finance Corporation Ltd. is trading above 6 out of 8 EMAs.

BEARISH BULLISH BEARISH BULLISH

2/8 6/8 2/8 6/8

Bullish v/s Bearish SMAs Bullish v/s Bearish SMAs

(if the current price is above a moving average, it is considered bullish) (if the current price is above a moving average, it is considered bullish)

5Day SMA 152.9 50Day SMA 121.3 5Day EMA 151.8 26Day EMA 146.7

10Day SMA 160 100Day SMA 98.1 10Day EMA 155.5 50Day EMA 129.1

20Day SMA 160.9 150Day SMA 82 12Day EMA 155.6 100Day EMA 105.8

30Day SMA 142.5 200Day SMA 69.8 20Day EMA 151.5 200Day EMA 81.4

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Banking and Finance

Momentum Oscillators Pivot Support & Resistances

Indian Railway Finance Corporation Ltd. is trading below 4 out of 9 Oscillators in bearish Indian Railway Finance Corporation Ltd. at 154.00 is trading above it's Pivot 145.80.
zone.
200
BEARISH NEUTRAL BULLISH R3 - 192.6

4/9 2/9 3/9 180

R2 - 174.4
Bullish v/s Bearish Oscillators R1 - 163.9
(if an oscillator is in its negative range, it is considered bearish) 160
LTP - 154.0

PIVOT - 145.8
RSI(14) 54.0 MACD(12, 26, 9) 8.8
140
S1 - 135.3
Stochastic Oscillator 20.4 Stochastic RSI 10.5

CCI 20 -100.0 William -53.6 120

S2 - 117.2

Awesome Oscillator 15.6 Ultimate Oscillator 49.2 S3 - 106.7

100
Momentum Oscillator -13.2

Neutral Bullish Bearish

Volatility Metrics

Beta
1 month 3 month 1 year 3 year ADX Day Bollinger Bands Mid_20_2

2.8 2.11 1.25 0.29 45.1 160.9

beta value for 3 month indicates price tends to be more volatile than the market

Daily Volume Analysis Active Candlesticks

Daily average delivery volume over the past week is 24.0%

Bullish Candlestick Pattern Bearish Candlestick Patterns
13 Feb, 2024 40.6M 277.9M
Bullish Engulfing No active candlesticks
Week 28.3M 117.8M

Month 46.2M 192.6M

0 50M 100M 150M 200M 250M 300M

Combined Delivery Volume NSE + BSE Traded Volume

Daily Avg. Delivery Volume %

13 Feb, 2024 Week Month

14.6% 24.0% 24.0%

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Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

Checklist Summary

Trendlyne Checklist Score

40.9% pass 9 | 13
=
Financial
2|6
+
Value & Momentum
3|5
+
Ownership
3|1
+
Peer Comparison
1|2

Financial Value & Momentum

2 criteria met | 6 not met 3 criteria met | 5 not met

Company has seen consistent profit growth in the last eight The stock is in the Buy Zone according to its historical P/E?
quarters? No
No The stock is in the Buy Zone according to its historical P/E
Stock has seen consistent profit growth in the last eight quarters

The stock is in the Buy Zone according to its historical P/BV?

Company has seen consistent sales growth in the last eight quarters? No
Yes The stock is in the Buy Zone according to its historical P/BV
Stock has seen consistent sales growth in the last eight quarters

Company's valuation score signals overall affordability?

Company has high Trendlyne Durability Score? No
No Company's valuation score signals overall affordability
Stock has high Trendlyne Durability Score (>=60)

Trendlyne Momentum Score shows bullishness?

Company has high Piotroski Score? Yes
No Trendlyne Momentum Score shows bullishness
Stock has high Piotroski Score (>= 7)

Stock is trading above all short term SMAs?

Company has Low Debt? No
No Stock is trading above all short term SMAs
Stock has Low Debt

Stock is trading above all long term SMAs?

Shareholder Value: Company has Strong ROE? Yes
No Stock is trading above all long term SMAs
Shareholder Value: Stock has Strong ROE

Stock has bullish candlesticks?

Company has Positive Net Cash Flow? Yes
Yes Stock has bullish candlesticks OR Stock has no bearish candlesticks
Stock has Positive Net Cash Flow

Stock has active positive breakouts?

Company is generating increasing cash from operations? No
No Stock has active positive breakouts
Positive CFO for last 2 years

Ownership Peer Comparison

3 criteria met | 1 not met 1 criteria met | 2 not met

FII/FPI or DIIs are buying the stock? Company is giving better long term returns than the industry?
Yes
Institutions have been increasing stake in the company over the past Yes Company is giving better long term returns than the industry
four quarters

Company's sales growth is better than the industry median?

Promoters are buying the stock or ownership is stable? No
Yes Company's sales growth is better than the industry median
Promoters are buying the stock or ownership is stable

Company's profit growth is better than the industry median?

Promoter pledge is low and not increasing? No
Yes Company's profit growth is better than the industry median
Promoter pledge is low and not increasing

Insider have not sold stock in the past 3 months?

No
Insider have not sold stock in the past 3 months

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Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

Forecaster

Consensus Recommendation Share Price Target

Consensus Recommendation Share Price Target (Avg)

BUY ₹ 43.5 (-71.8% upside)
60

55.0

50

1 1 1 1 1 1
43.5

40

1 1 1 1 1 1

32.0
2023-09-30 2023-10-29 2023-11-25 2023-12-30 2024-01-27 2024-02-10 30
FY23 FY24 FY25 FY26
Strong Buy Buy Hold Sell Strong Sell
Future Avg. Estimate High Estimate Low Estimate

The consensus recommendation from 2 analysts for Indian Railway Finance Corporation Ltd. is
BUY
Indian Railway Finance Corporation Ltd.'s share price target is below the current price, with a
downside of 70.6%

Key Metrics - Average Estimates Actual Revenue Avg. Estimate

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Banking and Finance

Shareholding Summary Shareholding Trend

100%
86.4% 86.4% 86.4% 86.4% 86.4%
Promoter 86.4%
75%

DII 1.1%
50%

FII 1.1% 23.2% 23.2% 23.2% 23.2% 23.2%

25%

Public 11.3% -% -% -% -% -%
0%
Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023

Others -% Promoter Pledges as % of promoter shares (%)

Locked as % of promoter shares (%) FII
DII
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 10…

Retail investors (Promoter) form the biggest shareholding segment Promoter , Pledges as % of promoter shares (%) , Locked as % of promoter shares (%) , FII ,
DII , over the Dec 2023 quarter

Mutual Fund Holding and Action

50 Promoters holding remains unchanged at 86.36% in Dec 2023 qtr

39.0 Mutual Funds have decreased holdings from 0.50% to 0.40% in Dec 2023 qtr
40 36.0
33.0 33.0 32.0
Number of MF schemes increased from 15 to 16 in Dec 2023 qtr.
30
25.0
22.0 22.0 22.0
20.0 FII/FPI have increased holdings from 1.14% to 1.15% in Dec 2023 qtr.
20
14.0 14.0
10.0
Number of FII/FPI investors increased from 130 to 149 in Dec 2023 qtr.
10
4.0 5.0
Institutional Investors have decreased holdings from 2.77% to 2.30% in Dec 2023
0 qtr
Aug-2023 Sep-2023 Oct-2023 Nov-2023 Dec-2023

Net Holders Bought some / all Sold some / all

Major Shareholders Indian Railway Finance Corporation Ltd. : Dec '23

Promoters

Name Shares % Change %

President of India Act 86.4% -

ing Through The MoR

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INDIAN RAILWAY FINANCE CORPORATION LTD. Trendlyne Stock Report
Finance (including NBFCs) Feb 14, 2024 11:17 AM
Banking and Finance

ABOUT THE COMPANY

Indian Railway Finance Corporation Ltd.

Indian Railway Finance Corp. principal business is to borrow funds from the financial markets to finance.
website: www.irfc.nic.in

MANAGEMENT INFORMATION

Vijay Babulal Shirode Shri Sunil Kumar Goel

Company Secretary,Compliance Officer Chief Financial Officer

₹0.28Cr. 2023-3-31 - 2023-3-31

Gross Remuneration Year Gross Remuneration Year

DIRECTOR INFORMATION

Shelly Verma Vallabhbhai Maneklal Patel Sheela Pandit Baldeo Purushartha

Chairman & Managing Director Independent Director Independent Director Non Executive Director / Nomin

₹0.88Cr. 2023 ₹0.08Cr. 2023 ₹0.07Cr. 2023 ₹0.00Cr. 2023

Gross Remuneration Year Gross Remuneration Year Gross Remuneration Year Gross Remuneration Year

Copyright © Giskard Datatech Pvt Ltd Page 13 of 14 All rights reserved

 INDIAN RAILWAY FINANCE CORPORATION LTD.
Finance (including NBFCs)
Banking and Finance
Detailed stock report terminology
Trendlyne’s stock report is a comprehensive company analysis report based on its durability, valuation and momentum scores along with the forecaster data, to give you a detailed analysis. The report also
includes Trendlyne’s checklist summary, technical analysis, peer comparison, mutual fund holdings details, insider trading and more.
Durability Score
Durability scores are calculated from 0-100, with zero the worst and 100 the best.
Durability scores above 55 are considered good(G) and below 35 are considered bad(B).
Scores between 35-55 are considered neutral/Medium/Middle(M).
Stocks with a high durability score (top 20 percentile) are companies that have
consistently and over time, demonstrated good growth and cash flow, stable revenues
and profits, and low debt.
The durability score considers several different metrics and ratios around earnings and
models these over time. Our stocks with high durability scores outperform the index
significantly
Valuation Score
Valuation scores are calculated from 0-100, with zero the worst and 100 the best.
Valuation scores above 50 are considered good(G) and below 30 are considered bad(B).
Scores between 30-50 are considered neutral/Medium/Middle(M)
Stocks with a high valuation score (top 20 percentile) are companies whose business and
financial advantages have not yet been priced into their share price. These companies
typically have strong earnings but are currently flying under the radar, and Trendlyne’s
valuation score helps shine a spotlight on these companies.
Firms with a low valuation score (bottom 20 percentile) are expensive stocks that have
good broker coverage and already have their strengths priced in. They are popular but
pricey. If you are buying them now it would be for a steep price tag: valuation scores help
you identify that.
Momentum Score
Scores are calculated from 0-100, with zero being the worst and 100 the best.
Momentum scores above 59 are considered good(G) and below 30 are considered
bad(B). Scores between 30-59 are considered neutral/Medium/Middle(M)
Momentum score or momentum score identifies the bullish/bearish nature of the stock.
Stocks with a high momentum score (which is calculated daily from over 30 technical
indicators) are seeing their share price rise, and increase in volumes and sentiment.
A low and falling momentum score indicates a falling share price. The pace at which this is
changing is also important for the momentum score.
Analyst recommendation
Analyst recommendation of a stock is an assessment made by financial analysts or
brokerage firms about the investment potential of a particular stock. It is usually based
on a thorough analysis of the company's financial performance, market trends, industry
outlook, and other factors that may impact the stock's value.
The analyst recommendation of a stock typically takes the form of a rating or a
recommendation, such as "buy," "hold," or "sell." The recommendation is usually
accompanied by a price target, which is the analyst's estimate of the stock's fair value.
A low and falling momentum score indicates a falling share price. The pace at which this is
changing is also important for the momentum score.
Disclaimer
© 2024 Giskard Datatech Pvt Ltd
Republication or redistribution of Giskard content, including by framing or similar means, is prohibited without the prior written consent of Giskard. All information in this report is assumed to be
accurate to the best of our ability. Giskard is not liable for any errors or delays in Giskard content, or for any actions taken in reliance on such content. Any forward-looking statements included in the
Giskard content are based on certain assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from current expectations.
Copyright © Giskard Datatech Pvt Ltd
Trendlyne Stock Report
Feb 14, 2024 11:17 AM
Trendlyne Checklist Score
Trendlyne Checklist evaluates a stock based on its financial performance, ownership, peer
comparison, value and momentum. This helps give an overall performance of the
company based on the score.
PE buy/sell zone
The PE buy/sell zone is calculated based on how many days a stock has traded at its
current PE level. The current PE is compared to the stock’s historical PE performance, to
find out how often (for how many days in the past) the stock has traded at its current PE
value.
If the stock has usually traded above its current PE level (it’s at a higher PE for the
majority of trading days), then the stock is cheaper than usual and in the PE buy zone.
If the stock has usually traded below its current PE level (it’s at a lower PE for the
majority of trading days), then the stock is more expensive than usual and in the PE sell
zone.
Price Volume Charts
Price volume charts are a type of financial chart that combines two key pieces of
information about a stock: its price and trading volume. They are commonly used in
technical analysis to identify trends and patterns in the market.
In a price volume chart, the price of the security is plotted on the vertical axis, while the
trading volume is shown on the horizontal axis. Each data point on the chart represents a
single trading day, and the size of the data point may be proportional to the trading
volume.
Peer Comparison
Peer comparison in financial analysis is a method of comparing the financial performance
and position of one company to its competitors or peers in the same industry or sector.
The purpose of this comparison is to gain insights into how the company is performing
relative to its competitors and to identify areas where it may be underperforming or
overperforming. In Trendlyne’s stock report, DVM scores are also included in the peer
comparison section.
Technical Analysis
Technical analysis is a method of analyzing stocks and other financial instruments that
relies on charts and statistical indicators to identify trends and patterns in price and
trading volume.
Key momentum metrics included - relative strength index (RSI), Stochastic RSI, Ultimate
Oscillator, moving average convergence divergence (MACD), average true range (ATR),
money flow index (MFI), William, CCI 20 and Awesome Oscillator. Simple and
exponential moving averages are also included.
To analyse the volatility of the stock, Beta over different periods of time, Average
Directional Movement Index and Bollinger bonds are used. Along with this, active
candlesticks, daily volume analysis is also provided in the rapport.
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