Indian Railway Finance Corporation Limited

rs,

Complex, Bandra (E) Mumbai-400 051 BSE Limited Listing Dept / Dept of Corporate Services, Pj Towers, Dalal Street, Mumbai -400 001 Scrip Symbol: IRFC Scrip Code: 543257 Sub: Intimation of lnvestor P

27 %

VATE & CONFIDENTIAL 24th May 2022 Key Strengths 1 Strategic role in growth of Indian Railways 27 % ◼ Dedicated market borrowing arm for the Indian Railways (IR) ◼ AUM has grown at 15.32% year on ye

15.32%

an Railways 27 % ◼ Dedicated market borrowing arm for the Indian Railways (IR) ◼ AUM has grown at 15.32% year on year and stands at INR 4,15,237.68 crore AUM CAGR (FY19-22) 2 3 4 5 6 Low risk, Cost

INR 4,15,237.68 crore

ket borrowing arm for the Indian Railways (IR) ◼ AUM has grown at 15.32% year on year and stands at INR 4,15,237.68 crore AUM CAGR (FY19-22) 2 3 4 5 6 Low risk, Cost –Plus business model GNPA (FY22) NIL ◼ ◼ ◼

INR 40,996.33

d Lease Agreement. Cumulative Gap over 5 yrs Consistent financial performance Net Worth (FY22) INR 40,996.33 Cr Profit growth of 37.91% on year on year basis for FY 2021-22 ◼ ◼ Revenue from operations grew b

37.91%

over 5 yrs Consistent financial performance Net Worth (FY22) INR 40,996.33 Cr Profit growth of 37.91% on year on year basis for FY 2021-22 ◼ ◼ Revenue from operations grew by 28.73% on year to year ba

28.73%

Profit growth of 37.91% on year on year basis for FY 2021-22 ◼ ◼ Revenue from operations grew by 28.73% on year to year basis for FY 2021-22 Low overheads, administrative costs and high operational effi

1.47%

overheads, administrative costs and high operational efficiency ◼ ◼ Healthy return ratios – RoA at 1.47% and RoE at 14.86% for FY22 Enjoys Regulatory Exemptions Tax Liability NIL ◼ Exempted from the

14.86%

strative costs and high operational efficiency ◼ ◼ Healthy return ratios – RoA at 1.47% and RoE at 14.86% for FY22 Enjoys Regulatory Exemptions Tax Liability NIL ◼ Exempted from the RBI’s asset class

36.0%

Russia USA France Germany Japan IRFC funding to MoR INR Bn 50 India 49 China 1,020 36.0% FY18 1,334 39.4% 1,481 48.2% 1,552 67.3% FY19 FY20 FY21 Railways Capital Outlay IRFC Di

39.4%

ce Germany Japan IRFC funding to MoR INR Bn 50 India 49 China 1,020 36.0% FY18 1,334 39.4% 1,481 48.2% 1,552 67.3% FY19 FY20 FY21 Railways Capital Outlay IRFC Disbursement as % Rail

48.2%

apan IRFC funding to MoR INR Bn 50 India 49 China 1,020 36.0% FY18 1,334 39.4% 1,481 48.2% 1,552 67.3% FY19 FY20 FY21 Railways Capital Outlay IRFC Disbursement as % Railways Capital O

“- Raised Green loan - USD 1.1 Bn - Issued Green Bonds – USD 500 Mn - Lease Agreement for funding to railway project (EBR-IF) and National Project has been executed for the FY 2015-16 and 2018-19 respectively.”

“* Answers will be given only to non price sensitive questions.”

Domestic

1

Domestic

Long term rating CRISIL ICRA CARE Short term rating CRISIL ICRA CARE International ** Moody’s Standard and Poor’s Fitch Japanese Credit Rating Agency Rating Outlook CRISIL AAA ICRA AAA CARE AAA Stable Stable Stable CRISIL A1+ ICRA A1+ CARE A1+ – – – Baa3 BBB- BBB- Stable Stable Negative BBB+ Stable Diversified sources of funding, credit ratings and strategic relationship with the MoR, have enabled IRFC to keep costs of borrowing competitive ◼ **On par with India’s sovereign ratings; PRIVATE & CONFIDENTIAL 6 Consistent Financial Performance Net Interest Income & PAT Net Interest Income PAT 5 9 7 . 3 5 5 2 . 6 4 1 0 0 2 . 4 8 5 1 8 7 2 8 2 3 9 9 3 1 2 . . 1 3 5 4 2 2 3 . 6 9 0 2 9 1 3 3 2 2 6 0 9 0 6 . 6 9 3 3 3 5 4 . 8 0 1 6 1 4 4 FY 18 FY 19 FY 20 FY 21 Negligible Operating Expenses Operating Exp Operating Exp as a % of Total Income Linear (Operating Exp as a % of Total Income) 17 14 13 14 FY 22 27 0.15% FY 18 0.11% FY 19 0.10% FY 20 0.11% FY 21 0.13% FY 22 30 25 20 15 10 5 0 All figur