Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Power Finance Corp

₹417.8 -0.3 | 0.1%

Market Cap ₹137862 Cr.

Stock P/E 7.3

P/B 1.4

Current Price ₹417.8

Book Value ₹ 301.8

Face Value 10

52W High ₹485.3

Dividend Yield 3.17%

52W Low ₹ 127.4

Power Finance Corp Research see more...

Overview Inc. Year: 1986Industry: Finance Term Lending

Power Finance Corporation Ltd is an India-based non-banking financial company. The Company is engaged in supplying financial support to the power sector. The Company's fund-based products comprises project term loans, lease financing for the purchase of system, short/medium-time period loan to system producers, grants/interest-free loans for studies/consultancies, corporate loan, line of credit for import of coal, buyer's line of credit, lease financing for wind electricity projects, debt refinancing and credit facility for the purchase of power thru power trade. Its non-fund-based products consist of deferred payment guarantee, letter of credit (LoC), assure for the performance of contract/ obligations with reference to fuel supply agreement (FSA) and policy for assurance of credit enhancement. The Company gives consultancy and advisory services in monetary, regulatory and ability constructing. Its subsidiaries are REC Limited and PFC Consulting Ltd.

Read More..

Power Finance Corp Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Power Finance Corp Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 19268 19176 18853 18532 19336 19639 20061 20992 22391 23572
Other Income 15 38 20 12 8 24 13 9 13 22
Total Income 19283 19214 18874 18544 19344 19663 20074 21001 22404 23593
Total Expenditure 1723 1887 2493 2184 1316 900 -339 -81 -551 791
Operating Profit 17560 17326 16381 16360 18029 18762 20413 21083 22955 22802
Interest Expense 11235 11235 10926 10837 11413 12129 12637 13670 14313 14827
Depreciation 9 9 10 12 12 14 14 12 13 14
Profit Before Tax 6316 6082 5446 5511 6604 6619 7762 7401 8629 7961
Provision for Tax 1268 1188 1150 932 1375 1378 1633 1419 2001 1667
Profit After Tax 5048 4894 4296 4580 5229 5241 6129 5982 6628 6294
Adjustments -1300 -1314 -1090 -1162 -1294 -1381 -1452 -1406 -1795 -1567
Profit After Adjustments 3748 3580 3206 3417 3935 3860 4677 4576 4833 4727
Adjusted Earnings Per Share 11.4 10.8 9.7 10.4 11.9 11.7 14.2 13.9 14.6 14.3

Power Finance Corp Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Operating Revenue 17311 21402 24954 27780 27481 48624 54106 62189 71656 76262 77568 87016
Other Income 20 28 98 108 378 24 959 759 1284 482 496 57
Total Income 17331 21430 25052 27888 27859 48648 55065 62949 72940 76744 78064 87072
Total Expenditure 266 748 1142 2044 5584 6583 2585 8001 8342 8593 4490 -180
Operating Profit 17065 20682 23910 25844 22274 42064 52479 54948 64598 68151 73574 87253
Interest Expense 11066 13053 15456 16657 16970 30292 34646 40852 44688 44712 47026 55447
Depreciation 6 5 8 20 41 15 15 24 25 35 52 53
Profit Before Tax 5994 7624 8446 9167 5264 11779 17862 14093 19891 23382 26496 31753
Provision for Tax 1556 2163 2441 2983 3028 2983 5222 4615 4175 4614 5317 6720
Profit After Tax 4438 5462 6004 6184 2236 8797 12640 9477 15716 18768 21179 25033
Adjustments 0 0 0 0 0 -2108 -2719 -2355 -3968 -4753 -5289 -6220
Profit After Adjustments 4438 5462 6004 6184 2236 6689 9921 7122 11748 14015 15889 18813
Adjusted Earnings Per Share 13.4 16.6 18.2 18.7 6.8 20.3 30.1 21.6 35.6 42.5 48.1 57

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 8% 10% 16%
Operating Profit CAGR 8% 10% 12% 16%
PAT CAGR 13% 31% 19% 17%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 216% 66% 37% 17%
ROE Average 27% 28% 27% 22%
ROCE Average 10% 10% 10% 11%

Power Finance Corp Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 23680 27522 32411 36028 36845 39835 47121 49400 60767 71676 84158
Minority's Interest 0 0 0 0 0 15435 16363 16766 21023 24599 27823
Borrowings 121151 142492 164995 172615 175103 417705 508049 574882 630577 644639 728672
Current Liability 23588 23212 30019 36495 38531 39430 33172 24502 32171 18964 25672
Other Liabilities & Provisions 921 1094 1486 2081 9058 2733 17794 23965 24707 23807 22447
Total Liabilities 169339 194320 228912 247220 259537 515138 622499 689515 769246 783685 888772
Loans 142524 168816 197930 200381 200938 494890 573661 646196 722387 732851 832903
Investments 23 24 24 1819 1820 3865 3236 3391 2364 2948 4985
Fixed Assets 75 72 102 198 296 161 196 238 341 719 782
Other Loans 368 199 210 298 5550 9920 24324 28486 30342 30525 30653
Other Non Current Assets 32 40 111 124 283 348 476 455 579 259 254
Current Assets 26318 25170 30535 44399 50651 5946 20593 10732 13199 16364 19176
Total Assets 169339 194320 228912 247220 259537 515138 622499 689515 769246 783685 888772

Power Finance Corp Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1988 4856 63 5033 146 4545 825 727 1905 4928 914
Cash Flow from Operating Activities -25102 -22473 -21455 -13298 1795 -57148 -80252 -42148 -59143 4904 -74699
Cash Flow from Investing Activities 22 9 -491 -1973 -667 1409 -13463 -73 1741 -547 -1694
Cash Flow from Financing Activities 27947 17671 26916 10383 1950 52018 93616 43399 60424 -8371 75518
Net Cash Inflow / Outflow 2868 -4793 4970 -4888 3079 -3720 -98 1179 3023 -4014 -874
Closing Cash & Cash Equivalent 4856 63 5033 146 3224 825 727 1905 4928 914 40

Power Finance Corp Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 13.45 16.55 18.19 18.74 6.78 20.27 30.06 21.58 35.6 42.47 48.15
CEPS(Rs) 13.47 16.57 18.22 18.8 6.9 26.7 38.35 28.79 47.7 56.98 64.33
DPS(Rs) 7 9 9.1 13.9 5 7.8 0 9.5 10 12 13.25
Book NAV/Share(Rs) 71.76 83.4 98.21 109.17 111.65 120.71 142.79 149.69 184.14 217.19 255.02
Net Profit Margin 25.63 25.52 24.06 22.26 8.14 18.09 23.36 15.24 21.93 24.61 27.3
Operating Margin 98.54 96.61 95.78 92.96 80.9 86.52 97.05 88.35 90.12 89.29 94.78
PBT Margin 34.62 35.62 33.85 33 19.15 24.23 33.01 22.66 27.76 30.66 34.16
ROA(%) 2.91 3 2.84 2.6 0.88 2.27 2.22 1.44 2.15 2.42 2.53
ROE(%) 19.96 21.33 20.04 18.07 6.14 22.94 29.07 19.64 28.53 28.34 27.18
ROCE(%) 11.6 11.82 11.75 11.3 9.33 11.9 10.09 9.11 9.66 9.57 9.56
Price/Earnings(x) 5.4 4.67 6 3.67 17.23 3.39 3.27 3.42 2.55 2.12 2.52
Price/Book(x) 1.01 0.93 1.11 0.63 1.05 0.57 0.69 0.49 0.49 0.41 0.48
Dividend Yield(%) 3.86 4.65 3.34 8.09 3.43 9.08 0 10.31 8.8 10.67 8.73
EV/Net Sales(x) 9.15 8.61 8.75 8.03 8.65 9.2 10.03 9.69 9.29 8.77 9.96
EV/Core EBITDA(x) 9.29 8.91 9.14 8.63 10.67 10.64 10.34 10.97 10.3 9.82 10.5
Interest Earned Growth(%) 32.43 23.63 16.59 11.33 -1.04 76.94 11.27 14.94 15.22 6.43 1.71
Net Profit Growth 45.08 23.08 9.93 2.99 -63.84 293.39 43.69 -25.02 65.83 19.42 12.84
EPS Growth(%) 45.07 23.07 9.93 2.99 -63.84 199.13 48.32 -28.21 64.95 19.3 13.38
Interest Coverage(x) % 1.54 1.58 1.55 1.55 1.31 1.39 1.52 1.34 1.45 1.52 1.56

Power Finance Corp Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 55.99 55.99 55.99 55.99 55.99 55.99 55.99 55.99 55.99 55.99
FII 16.71 16.76 16.21 16.82 16.85 16.49 17.5 16.85 17.86 17.19
DII 13.57 13.58 12.74 17.23 17.89 18.63 18.09 17.85 17.47 18.22
Public 13.72 13.66 15.05 9.96 9.27 8.89 8.42 9.31 8.67 8.59
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Power Finance Corp News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....