In accordance with embodiments disclosed herein, there is provided systems and methods for router-based transaction routing for toggle reduction. An integrated circuit includes a transmitter circuit, receiver circuits, and a multicast bus coupled between the transmitter circuit and the receiver circuits. The multicast bus includes a first flow router circuit to route a multicast signal to a first receiver circuit of the plurality of receiver circuits and not route the multicast signal to a second receiver circuit of the plurality of receiver circuits.