Power Finance Corporation Limited

Power Finance Corporation Limited

326.90
INR
-1.50
(-0.46%)
101.94EPS
5.38P/E
1.40TMarket Cap
Nov 05Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
25.41
29
34.27
33.79
52.49
54.96
51.61
81.19
91.62
83.38
101.71
126.29
130.9
130.71
Basic EPS, GAAP
16.55
18.19
18.74
6.78
20.27
30.06
21.58
35.6
42.47
48.15
59.88
69.67
78.49
78.93
Free Cash Flow per Basic Share
-68.1
-65.02
-40.43
5.27
-173.44
-243.48
-128.11
-179.5
13.95
-226.78
-297.4
-282.14
-14.67
- -
Dividend per Share
4.59
3.48
5.56
0.24
13.53
7.61
10.71
9.52
13.66
12.48
18.64
24.68
26.93
8.47
Book Value per Share
83.4
98.21
109.17
113.4
120.71
142.79
149.69
184.14
217.19
255.02
306.5
356.77
402.6
433.11
Tangible Book Value per Share
83.39
98.21
109.17
113.39
120.68
142.75
149.66
184.12
217.18
254.98
306.46
356.71
402.53
433.05
Basic Weighted Avg Shares
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
3,300
Sales/Revenue/Turnover
83,852
95,718
113,088
111,506
173,228
181,373
170,308
267,943
302,370
275,174
335,664
416,777
431,999
431,355
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
52
79
201
410
147
155
244
255
348
518
534
557
630
667
Net Income, GAAP
54,618
60,044
61,840
22,361
66,887
99,209
71,221
117,478
140,148
158,893
197,612
229,908
259,010
260,467
Effective Tax Rate (%)
28.36
28.91
32.54
57.52
25.32
29.23
32.75
20.99
19.73
20.07
21.22
21.01
21.53
21.6
Profit Margin (%)
65.14
62.73
54.68
20.05
38.61
54.7
41.82
43.84
46.35
57.74
58.87
55.16
59.96
60.38
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,592,218
1,878,015
2,006,723
3,880,667
4,502,759
5,625,925
6,234,789
6,892,624
6,899,718
7,806,406
8,915,026
10,008,104
10,125,035
- -
Total Equity
275,223
324,114
360,283
520,155
552,698
634,843
661,654
817,903
962,752
1,119,813
1,342,885
1,551,552
1,734,410
1,871,061
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.12
2.95
2.71
0.66
0.97
1.27
0.72
1.07
1.19
1.26
1.36
1.42
1.55
- -
Return on Common Equity (%)
21.33
20.04
18.07
6.09
17.32
22.82
14.76
21.33
21.16
20.39
21.33
21.01
20.67
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,300
3,300
3,300
Market Capitalization
1,172,856
1,252,389
1,400,233

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
27,366
69,873
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.46%
16.25%
11.79%
Free Cash Flow
-537.46%
-380.46%
-94.8%
Net Income, GAAP
30.64%
17.21%
12.66%
Sales/Revenue/Turnover
16.35%
10.73%
3.65%
Total Cash Common Dividend
553.19%
25.14%
9.12%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
97,186
95,431
102,804
122,779
416,777
2026
102,877
108,415
110,895
110,182
431,999
2027
101,863
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
16.8
16.07
17.66
19.14
69.67
2026
20.81
17.4
19.07
21.21
78.49
2027
21.25
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
24.68
2026
2.87
8.47
- -
- -
26.93
2027
- -
- -
- -
- -
- -

Company Description

CEO
Parminder Chopra
Full Time Employees
777
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Urjanidhi New Delhi DL India 110001
IPO Date
Feb 26, 2007
Business
Power Finance Corporation Limited (PFC) operates as a non-banking financial company specializing in providing financial assistance to the power sector in India. Its core products and services include fund-based assistance such as term loans and working capital loans to power generation, transmission, and distribution companies; lending to logistics and infrastructure sectors related to power; facilitating projects promoting renewable energy; and financing initiatives under government schemes like the Revamped Distribution Sector Scheme (RDSS). The company also acts as a nodal agency for mobilizing funds from international financial institutions and government programs for power sector development. Founded in 1986 and headquartered in New Delhi, India, PFC primarily serves Indian power sector entities and infrastructure projects. Recent major changes include strategic partnerships and funding collaborations to support India's energy transition toward cleaner sources. In 2025, PFC entered a strategic collaboration with Export Finance Australia (EFA) and Citi to mobilize $180 million aimed at backing India's clean energy projects, marking EFA’s first financing initiative in India and expanding PFC’s access to competitive long-term funding. Additionally, PFC secured a EUR 150 million loan from German lender KfW to support projects under the RDSS. These partnerships exemplify PFC’s focus on diversifying funding sources, building global strategic alliances, and reinforcing its role in sustainable finance to support India’s low-carbon economy transition. The company also continues to hold a majority equity stake and management control in REC Limited, further expanding its portfolio in power sector financing. PFC operates primarily within India but leverages global financial partnerships to fund domestic power sector projects. It employs approximately 540 employees and reported significant lending growth to power and infrastructure sectors over recent years. The company’s strategic focus remains on expanding clean energy financing solutions and supporting government initiatives to modernize and strengthen India’s power infrastructure framework. Recent financial performance reflects robust revenue growth driven by increased lending activities to power, logistics, and infrastructure sector entities. As a government-owned entity under the Ministry of Power, PFC plays a critical role in India's power sector financing landscape, backed by strong government support and an expanding strategic alliance network internationally.