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Power Finance Corporation Ltd (PFC)

₹525.10.3%

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Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 6 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 6 analysts offering long term price targets for Power Finance Corporation Ltd. An average target of ₹558.33

Source: S&P Global Market Intelligence

Power Finance Corporation Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹520.05
    ₹537.25
  • 52 Week's Low

    52 Week's High

    ₹183.32
    ₹580
1 Month Return+ 7.34 %
3 Month Return+ 30.22 %
1 Year Return+ 172.97 %
Previous Close₹523.55
Open₹523.55
Volume90.22L
Upper Circuit-
Lower Circuit-
Market Cap₹1,72,776.83Cr

Key Statistics

P/E Ratio8.74
PEG Ratio0.74
Market Cap₹1,72,776.83 Cr
P/B Ratio0.59
EPS38.304

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth2.45%
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option1.68%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option1.31%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth3.3%
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth2.33%

Company Information

Power Finance Corporation Ltd (PFC) is a leading financial institution in India, incorporated in 1986. PFC provides financial assistance to various sectors of the Indian economy, including power, renewable energy, coal, oil & gas, and other infrastructure projects. It also offers a range of services, such as project finance, corporate finance, venture capital, and asset management.

PFC's operations are spread across various lines of business, such as power, renewable energy, coal, oil & gas, and other infrastructure projects. It also provides services such as project finance, corporate finance, venture capital, and asset management. Its top products include term loans, working capital loans, and project finance loans. Its popular brands include PFC Energy, PFC Capital, and PFC Infrastructure.

Share Price: ₹525.10 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,72,776.83Cr as of today
Revenue: ₹0.00Cr as on March 2024 (Q1 24)
Net Profit: ₹7,556.43Cr as on March 2024 (Q1 24)
Listing date: 23 Feb, 2007
Chairperson Name: Parminder Chopra
OrganisationPower Finance Corporation Ltd
HeadquartersNew Delhi
IndustryFinance
E-voting on sharesClick here to vote

Key events for Power Finance Corporation Ltd

  • PFC Shares Drop, Record Date Fixed for Dividend Payout - 21 Jul, 2024

    Shares of Power Finance Corporation Ltd (NSE:PFC) dropped by 3.9% last week, while the company fixed its record date on July 26 for dividend payouts.

  • JM Financials Top Stock Picks Ahead of Budget - 16 Jul, 2024

    JM Financial has identified NTPC, Tata Power Company Ltd, JSW Energy, Adani Power and CESC as potential beneficiaries if the budget includes enhanced incentives for renewable energy. Ancillaries such as Suzlon Energy, Inox Wind and Sterling & Wilson could also benefit. Steps towards rooftop solarisation would be positive for Tata Power, Borosil Renewable and Waaree Renewables.

  • Sandeep Kumar Appointed Director (Finance) at PFC; Shares Gain Over 1.5% - 12 Jul, 2024

    The Central Government has appointed Sandeep Kumar as Director (Finance) at Power Finance Corporation Limited. Following his appointment, PFC shares gained over 1.5%. Global brokerage firm Bernstein initiated coverage on PFC with an Outperform rating and a price target of Rs 620.

  • Sandeep Kumar Appointed Director (Finance) at Power Finance Corporation - 11 Jul, 2024

    Sandeep Kumar has been appointed as Director (Finance) at Power Finance Corporation Limited, effective 11 July 2024. He played a pivotal role in the successful roll-out of the Rs 1.12 trillion Liquidity Infusion Scheme for the power distribution sector.

  • PFC and REC Shares Rally to All-Time Highs - 10 Jul, 2024

    State-owned financial institutions PFC and REC surge up to 4%, hitting all-time highs despite a weak market. PFC's market cap is now almost ₹1.85 trillion while its subsidiary REC trades at a mcap of ₹1.6 trillion, causing an investor dilemma.

  • Analysts Bullish on REC, PFC Stocks - 09 Jul, 2024

    Tradebulls Securities' Sacchitanand Uttekar expects REC to head towards 665 and PFC around 610. Anand Rathi's Jigar S Patel recommends going long on REC within the price range of 600-605 with a target of 635 and setting a stop-loss at 585. For PFC, Patel advises waiting for a decisive close above the 559 resistance level.

  • Budget 2024 May Boost Investment in Power Finance Corporation Ltd Bonds - 08 Jul, 2024

    The upcoming Budget may increase investment limits for notified bonds, including those issued by Power Finance Corporation Limited (PFC), to Rs 2 crore and extend the lock-in period from three years to five. The interest component on such investments could also be exempted to encourage infrastructure development.

  • Power Finance Corporation Sanctions Rs 22,000 Crore Loan for Vadhvan Port Construction - 05 Jul, 2024

    Power Finance Corporation has sanctioned a loan of Rs 22,000 crore for the construction of a port. The company is still exploring options to construct the port with internal resources and has not yet finalized the PFC offer.

  • Bernstein Initiates Coverage on PFC and REC; Suggests Target Prices - 04 Jul, 2024

    US brokerage Bernstein suggests that investors are underestimating the loan growth of Power Finance Corporation Ltd (PFC) and Rural Electrification Corporation Limited (REC). It forecasts a 12-13% GACR earnings growth and recommends PFC over REC due to relative valuations. PFC's stock price has gained almost 20% in the last month.

  • Bernstein Initiates Coverage on PFC with Outperform Rating - 03 Jul, 2024

    Global brokerage firm Bernstein has initiated coverage on Power Finance Corporation Ltd. (PFC) with an outperform rating and a target price of Rs 620 per share, implying a potential upside of 23%. The brokerage views PFC as one of their most preferred plays in India's power cycle, citing underestimation of the duration and intensity of the current cycle, along with lower NPA risk and better ROEs and growth compared to peers. Shares surged up to 5.5% following the announcement.

  • Power Finance Corporation Ltd Stock Update - 02 Jul, 2024

    Power Finance Corporation Ltd (NSE: PFC) is trading at 504.25 INR on the National Stock Exchange (NSE), reflecting an increase of 3.00 INR, or 0.60%, today.

  • Power Finance Corp Approves Interim Dividend - 01 Jul, 2024

    The board of directors of Power Finance Corporation has approved an interim dividend of ₹2.25 per equity share, with a record date of 2nd September 2022.

  • SEBI Order Removes CMD of Power Trading Company; Stocks Gain on Proposed Relaxation - 24 Jun, 2024

    Power Finance Corporation's CMD is removed following a SEBI order. Rural Electrification Corp and Power Finance Corp stocks gain up to 2% due to proposed relaxation from RBI project financing norms.

Insights on Power Finance Corporation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 17.19% to 17.93% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, PFC stock has moved up by 30.2%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 18.54K Cr → 24.17K Cr (in ₹), with an average increase of 3.7% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 4.72K Cr → 5.62K Cr (in ₹), with an average increase of 16.0% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 8.55% to 9.00% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 55.99% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Indian Railway Finance Corporation Ltd has given 453.1% return, outperforming this stock by 280.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Indian Railway Finance Corporation Ltd has given 735.0% return, outperforming this stock by 322.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 12.63% to 11.65% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
-
-
Net Income
₹7,556.43Cr
↑20.05%
Net Profit Margin
-
-
2023Y/Y Change
Revenue
₹77,568.30Cr
↑1.71%
Net Income
₹21,178.59Cr
↑12.84%
Net Profit Margin
27.30%
↑10.93%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹4,45,054.49Cr
↑12.78%
Total Liabilities
₹3,76,852.26Cr
↑12.40%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹35,740.75Cr
↓616.54%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.99%
0.00
Foreign Institutions
17.93%
4.28
Mutual Funds
11.65%
-7.79
Retail Investors
9%
5.27
Others
5.43%
-3.59

Key Indicators

Power Finance Corporation Ltd Valuation

Power Finance Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.85x)

June 20, 2022

Today (8.74x)

July 23, 2024

Industry (30.27x)

July 23, 2024

Highest (9.53x)

July 11, 2024

LowHigh

Earnings and Dividends

  • Power Finance Corporation Ltd Earnings Results

    Power Finance Corporation Ltd’s net profit jumped 20.26% since last year same period to ₹5,624.36Cr in the Q4 2023-2024. On a quarterly growth basis, Power Finance Corporation Ltd has generated 18.97% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Power Finance Corporation Ltd Dividends May,2024

    In the quarter ending March 2024, Power Finance Corporation Ltd has declared dividend of ₹2.50 - translating a dividend yield of 3.44%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Power Finance Corporation Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Power Finance Corporation Ltd (PFC) share price today is ₹525.1

Power Finance Corporation Ltd is listed on NSE

Power Finance Corporation Ltd is listed on BSE

  • Today’s highest price of Power Finance Corporation Ltd is ₹537.25.
  • Today’s lowest price of Power Finance Corporation Ltd is ₹520.05.

PE Ratio of Power Finance Corporation Ltd is 8.74

PE ratio = Power Finance Corporation Ltd Market price per share / Power Finance Corporation Ltd Earnings per share

Today’s traded volume of Power Finance Corporation Ltd(PFC) is 90.22L.

Today’s market capitalisation of Power Finance Corporation Ltd(PFC) is ₹172776.83Cr.

Power Finance Corporation Ltd(PFCPrice
52 Week High
₹580
52 Week Low
₹183.32

Power Finance Corporation Ltd(PFC) share price is ₹525.1. It is down -9.47% from its 52 Week High price of ₹580

Power Finance Corporation Ltd(PFC) share price is ₹525.1. It is up 186.44% from its 52 Week Low price of ₹183.32

Power Finance Corporation Ltd(PFCReturns
1 Day Returns
1.55%
1 Month Returns
7.34%
3 Month Returns
30.22%
1 Year Returns
172.97%