| 1932 Railway Cup | |
| Dates: | 28 February 1932 – 17 March 1932 |
| Teams: | 3 |
| Champions: | Leinster |
| Champions Captain: | Jim Dermody |
| Count: | 2 |
| Runners-Up: | Munster |
| Runners-Up Captain: | Eudie Coughlan |
| Matches: | 2 |
| Goals: | 18 |
| Points: | 24 |
| Top Scorer: | Din O'Neill (5-04) |
| Previous Year: | 1931 |
| Previous Tournament: | 1931 Railway Cup Hurling Championship |
| Next Year: | 1933 |
| Next Tournament: | 1933 Railway Cup Hurling Championship |
The 1932 Railway Cup Hurling Championship was the sixth series of the inter-provincial hurling Railway Cup. Two matches were played between 28 February and 17 March 1932. It was contested by Connacht, Leinster and Munster.
Munster entered the championship as the defending champions.
On 17 March 1932, Leinster won the Railway Cup after a 6-08 to 4-04 defeat of Munster in the final at Croke Park, Dublin. This was their second title over all and their first since 1927. The final was notable in that the first ever point scored directly from a sideline cut occurred in it, after a rule change by Central Council the day before. Paddy Drennan of Leinster is credited as being the first scorer.
Leinster's Din O'Neill was the Railway Cup top scorer with 5-04.
| Rank | Player | County | Tally | Total | Matches | Average |
|---|---|---|---|---|---|---|
| 1 | Din O'Neill | Leinster | 5-04 | 19 | 2 | 9.50 |
| 2 | Martin Kennedy | Munster | 3-01 | 10 | 1 | 10.00 |
| 3 | Johnny Dunne | Leinster | 2-01 | 7 | 2 | 3.50 |
| Tommy Leahy | Leinster | 1-04 | 7 | 2 | 3.50 | |
| Paddy Drennan | Leinster | 1-04 | 7 | 2 | 3.50 |