Indian Railway Finance Corporation Limited

rs,

sting Dept / Dept of Corporate Services, Bandra- Kurla Complex, Bandra (E) Mumbai-400 051 P| Towers, Dalal Street, Mumbai -400 001 Scrip Symbol: [RFC Scrip Code: 543257 Sub: Intimation of lnvestor P

27 %

E & CONFIDENTIAL 16th August 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 15.13% quarter on

15.13%

an Railways 27 % ◼ Dedicated market borrowing arm for the Indian Railways (IR) ◼ AUM has grown at 15.13% quarter on quarter basis and stands at INR 4,32,474 crore AUM CAGR (FY19-Q1-23) 2 3 4 5 6 Lo

INR 4,32,474 crore

g arm for the Indian Railways (IR) ◼ AUM has grown at 15.13% quarter on quarter basis and stands at INR 4,32,474 crore AUM CAGR (FY19-Q1-23) 2 3 4 5 6 Low risk, Cost –Plus business model GNPA (Jun-22) NIL ◼

INR 42,657.14

Lease Agreement. Cumulative Gap over 5 yrs Consistent financial performance Net Worth (Jun-22) INR 42,657.14 Cr Profit growth of 10.63% on Q-o-Q basis for Jun 2022 ◼ ◼ Revenue from operations grew by 22.83%

10.63%

er 5 yrs Consistent financial performance Net Worth (Jun-22) INR 42,657.14 Cr Profit growth of 10.63% on Q-o-Q basis for Jun 2022 ◼ ◼ Revenue from operations grew by 22.83% on Q-o-Q basis for Jun - 22

22.83%

657.14 Cr Profit growth of 10.63% on Q-o-Q basis for Jun 2022 ◼ ◼ Revenue from operations grew by 22.83% on Q-o-Q basis for Jun - 22 Low overheads, administrative costs and high operational efficiency ◼

1.59%

overheads, administrative costs and high operational efficiency ◼ ◼ Healthy return ratios – RoA at 1.59% and RoE at 14.40% for Jun-22 (annualized) Enjoys Regulatory Exemptions Tax Liability NIL ◼ Ex

14.40%

strative costs and high operational efficiency ◼ ◼ Healthy return ratios – RoA at 1.59% and RoE at 14.40% for Jun-22 (annualized) Enjoys Regulatory Exemptions Tax Liability NIL ◼ Exempted from the RB

36.0%

464 437 405 134 Russia USA France Germany Japan IRFC funding to MoR INR Bn 1,020 36.0% 1,334 39.4% 1,481 48.2% 1,552 67.3% 50 India 49 China 1,900 31.4% FY18 FY19 FY20

39.4%

405 134 Russia USA France Germany Japan IRFC funding to MoR INR Bn 1,020 36.0% 1,334 39.4% 1,481 48.2% 1,552 67.3% 50 India 49 China 1,900 31.4% FY18 FY19 FY20 FY21 FY22 Ra

48.2%

ussia USA France Germany Japan IRFC funding to MoR INR Bn 1,020 36.0% 1,334 39.4% 1,481 48.2% 1,552 67.3% 50 India 49 China 1,900 31.4% FY18 FY19 FY20 FY21 FY22 Railways Capital

“* 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- BBB+ – – – Stable Stable Stable 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 5 0 2 6 0 9 0 6 . 6 9 3 3 3 5 4 . 8 0 1 6 1 4 4 . 2 9 7 0 5 1 . 5 9 1 0 5 1 . 0 8 7 8 6 1 . 8 5 1 6 6 1 FY 18 FY 19 FY 20 FY 21 FY 22 Q1 FY 22 Q1 FY23 Negligible Operating Expenses Operating Exp Operating Exp as a % of Total Income Linear (Operating Exp as a % of Total Income) 27 14 13 14 17 0.15% 0.11% 0.10%