MarketFriction

Power Finance Corporation Ltd

NSE PFC · BSE 532810 · Financial Institution
₹318.00 -2.30%
NSE close2026-10-01
52 week range320.80 - 486.50
Market cap₹1,06,956 Cr.
P/E4.10
Nifty Next 50Nifty 100Nifty 200Nifty 500Nifty Financial ServicesNifty PSE No price band Delivery 57.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue22,39123,57224,14124,71725,72226,79829,26528,53928,89029,09528,92028,527
Interest14,31314,82715,15415,52116,00816,56216,56717,20417,31417,57217,33317,250
Expenses-551791-5893103664292,1482121,5141,03141635
Financing Profit8,6297,9549,5778,8869,3489,80710,55011,12310,06210,49211,17011,242
Financing Margin %39%34%40%36%36%37%36%39%35%36%39%39%
Other Income13223520332420901127-6336
Depreciation131415121315161415181618
Profit before tax8,6297,9619,5978,8949,3689,81610,55411,19910,05710,50211,09211,260
Tax %23%21%21%19%23%21%21%20%22%22%22%20%
Net Profit6,6286,2947,5567,1827,2157,7608,3588,9817,8348,2128,5988,998
EPS in Rs14.6514.3317.0416.8016.0717.6619.1420.8117.4019.0721.2121.25
Gross NPA %3.40%3.13%3.02%2.97%2.62%2.30%1.64%1.47%1.45%1.26%0.66%0.66%
Net NPA %0.98%0.86%0.85%0.84%0.80%0.73%0.38%0.31%0.30%0.23%0.13%0.13%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue27,86127,58148,62454,10662,18971,65676,26277,56891,508106,502115,450115,431
Interest16,65716,76830,28934,62740,84544,68444,70947,01757,96864,64469,41569,470
Expenses2,0425,5386,5831,6967,3327,1028,2154,051-333,2553,1712,996
Financing Profit9,1625,27511,75217,78314,01219,87123,33826,50133,57338,60342,86442,966
Financing Margin %33%19%24%33%23%28%31%34%37%36%37%37%
Other Income2530429410546794769854912
Depreciation204115152425355253566367
Profit before tax9,1675,26411,77917,86214,09319,89123,38226,49633,58838,63242,85042,911
Tax %33%58%25%29%33%21%20%20%21%21%22%
Net Profit6,1842,2368,79712,6409,47715,71618,76821,17926,46130,51433,62533,642
EPS in Rs18.746.7820.2730.0621.5835.6042.4748.1559.8869.6778.4978.93
Dividend Payout %30%59%31%0%35%22%23%22%23%23%24%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%10%14%5%
Compounded Profit Growth15%17%18%7%
Stock Price CAGR13%24%9%-21%
Return on Equity20%21%21%21%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1,3201,3202,6402,6402,6402,6402,6402,6402,6403,3003,3003,300
Reserves31,09134,70834,20537,19444,48146,76058,12769,03681,51897,847114,438129,561
Borrowing187,795200,660202,993441,151539,488596,561659,682660,476751,158861,961971,7581,012,503
Other Liabilities8,70510,53119,70041,54642,26048,56055,25758,84860,79675,77088,59099,214
Total Liabilities228,912247,220259,537522,531628,869694,521775,707791,000896,1121,038,8771,178,0861,244,579
Fixed Assets102198296161196238341719782764761755
CWIP24710512919928833653223988144
Investments5282,2303,1455,4934,6044,4043,4993,7745,97310,97112,79215,549
Other Assets228,280244,745255,990516,749623,871689,590771,530786,454889,3341,027,1021,164,4451,228,131
Total Assets228,912247,220259,537522,531628,869694,521775,707791,000896,1121,038,8771,178,0861,244,579
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-21,455-13,2981,795-57,148-80,252-42,148-59,1434,904-74,699-97,820-92,270-4,504
Cash from Investing Activity-491-1,973-6671,409-13,463-731,741-547-1,694-3,409-2,212-3,441
Cash from Financing Activity26,91610,3831,95052,01893,61643,39960,424-8,37175,518101,26194,1599,265
Net Cash Flow4,970-4,8883,079-3,720-981,1793,023-4,014-87432-3231,319
Free Cash Flow-21,498-13,4561,614-57,237-80,351-42,277-59,2344,604-74,821-98,143-93,110-4,841
CFO/OP-79%-40%23%-124%-144%-71%-83%15%-94%-100%-82%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %20%18%6%17%23%15%21%21%20%21%21%21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.99%55.99%55.99%55.99%55.99%55.99%55.99%55.99%55.99%55.99%55.99%55.99%
FIIs16.85%17.85%17.19%17.93%17.74%18.04%18.84%18.66%18.84%18.33%19.64%20.54%
DIIs17.86%17.47%18.21%17.04%17.43%17.16%16.17%16.11%16.04%15.48%15.05%14.50%
Public9.29%8.66%8.58%9.04%8.83%8.80%8.97%9.21%9.13%10.18%9.32%8.96%
No. of Shareholders5,33,3755,97,3157,07,57910,04,15210,34,39110,91,10811,26,25911,28,20310,97,21711,30,35110,54,19610,04,992

Fundamentals

Market Cap₹ 1,06,956 Cr.
Current Price₹ 324
Stock P/E4.10
Book Value₹ 433
ROCE9.71 %
ROE20.7 %
Dividend Yield5.72 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)7%
Consolidated figures.
Valuation
Market capRs 104,943 Cr
Enterprise valueRs 1,112,774 Cr
P/E (TTM)4.03x
Price to book0.79x
Price to sales0.91x
EV / EBITDA9.90x
EV / EBIT9.90x
EV / sales9.64x
Earnings yield24.82%
Dividend yield5.83%
P/E, 3-year average5.77x
P/B, 3-year average1.13x
P/E, 5-year average4.20x
P/B, 5-year average0.82x
Profitability
Operating margin (excl. other income)97.25%
Operating margin (incl. other income)97.30%
EBITDA margin97.42%
Pre-tax margin37.17%
Net profit margin22.56%
Net margin, latest quarter24.58%
ROE20.67%
ROCE10.05%
ROA2.14%
ROE, 3-year average21.00%
ROCE, 3-year average10.10%
ROA, 3-year average2.08%
ROE, 5-year average20.91%
ROCE, 5-year average9.81%
ROA, 5-year average1.99%
ROIC (approx.)7.73%
Tax rate21.53%
Other income / net worth0.04%
Growth
Sales growth (latest year)8.40%
Profit growth (latest year)12.66%
Sales CAGR, 3 years14.17%
Sales CAGR, 5 years10.01%
Profit CAGR, 3 years17.69%
Profit CAGR, 5 years17.13%
Sales growth QoQ-1.36%
Profit growth QoQ0.19%
Sales growth YoY (latest quarter)-0.04%
Profit growth YoY (latest quarter)2.12%
Per share
EPS (TTM)Rs 78.93
EPS (latest year)Rs 78.49
EPS (latest quarter)Rs 21.25
EPS, 3-year averageRs 69.34
EPS, 5-year averageRs 64.26
Book value per shareRs 402.60
Sales per shareRs 349.78
Cash flow per shareRs -13.65
Free cash flow per shareRs -14.67
Dividend per share (latest year)Rs 18.55
Dividend per share, 3-year averageRs 15.95
Dividend per share, 5-year averageRs 14.62
Dividends
Dividend payout23.64%
Dividend payout, 3-year average22.95%
Dividend payout, 5-year average22.70%
Efficiency
Asset turnover0.09x
Fixed asset turnover152.95x
Debtor days1 days
Debtors turnover353.52x
Leverage
Total debtRs 1,012,503 Cr
Cash and bankRs 4,673 Cr
Net debtRs 1,007,831 Cr
Debt to equity7.62x
Net debt / EBITDA8.96x
Interest coverage1.62x
Owners' fund to total sources10.68%
Debt to assets81.35%
Cash flow
Cash from Operating Activity (latest year)Rs -4,504 Cr
Cash from Investing Activity (latest year)Rs -3,441 Cr
Cash from Financing Activity (latest year)Rs 9,265 Cr
Net Cash Flow (latest year)Rs 1,319 Cr
Free cash flow (latest year)Rs -4,841 Cr
FCFE (approx.: FCF + change in debt)Rs 35,904 Cr
Cash from ops / profit, 5 years-2.03x
Statement figures
Net sales (TTM)Rs 115,431 Cr
Net sales (latest year)Rs 115,450 Cr
Sales (latest quarter)Rs 28,527 Cr
Operating profit excl. other income (latest year)Rs 112,279 Cr
Operating profit (latest quarter)Rs 28,492 Cr
Other income (TTM)Rs 12 Cr
EBITDA (TTM)Rs 112,448 Cr
PBDT (TTM)Rs 42,977 Cr
Profit before tax (TTM)Rs 42,911 Cr
Tax (latest year)Rs 9,224 Cr
Net profit (TTM)Rs 26,047 Cr
Net profit (latest year)Rs 25,901 Cr
Net profit (latest quarter)Rs 7,012 Cr
Depreciation (TTM)Rs 67 Cr
Depreciation (latest quarter)Rs 18 Cr
Interest (TTM)Rs 69,470 Cr
Cost of goods sold (latest year)Rs 3,233 Cr
Total expenditure (latest year)Rs 3,171 Cr
Total income (latest year)Rs 115,499 Cr
Share capitalRs 3,300 Cr
ReservesRs 129,561 Cr
Shareholders' fundsRs 132,861 Cr
Total assetsRs 1,244,579 Cr
Net blockRs 755 Cr
Capital work in progressRs 144 Cr
InvestmentsRs 15,549 Cr
ReceivablesRs 327 Cr
Other liabilitiesRs 99,214 Cr
Shares outstanding (crore)330.01
Ownership
Promoter holding55.99% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 4.0 is at the 44th percentile of its own 9.4-year range (median 4.2, low 2.0, high 16.4).
P/B 0.79 is at the 56th percentile (median 0.68).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodPFCNifty 50Difference
1 week-6.3%-2.8% -3.5 pts
1 month-8.0%-6.8% -1.2 pts
3 months-25.3%-7.6% -17.7 pts
6 months-16.2%+0.4% -16.6 pts
1 year-21.6%-9.9% -11.6 pts
2 years-35.3%-13.6% -21.7 pts
3 years+26.2%+14.2% +12.1 pts
5 years+184.1%+27.9% +156.2 pts
242 mutual fund schemes hold about ₹8,423 Cr. Over three months 77 bought more and 77 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Kotak Multi Cap Fund2.32%680 +11%
HDFC Balanced Advantage Fund0.58%622 +5%
Kotak Arbitrage Fund(M0.76%571 +532%
Kotak Mid Cap Fund0.69%494 -21%
SBI Arbitrage Fund0.88%414 +26%
Nippon India Growth Mid Cap Fund0.72%375 -0%
Kotak Multi Asset Allocation Fund2.06%314 -1%
Nippon India ELSS Tax Saver Fund2.08%306 +7%
Nippon India Small Cap Fund0.30%249 +1%
ICICI Pru Arbitrage Fund0.66%228 +93%
Canara Rob Aggressive Hybrid Fund(M1.81%207 +4%
ICICI Pru Nifty Next 50 Index Fund1.93%195 +2%
HDFC Multi Cap Fund0.89%183 +4%
Bandhan Small Cap Fund0.50%171 +8%
Nippon India Power & Infra Fund1.98%160 +5%
UTI Nifty Next 50 Index Fund1.93%146 +2%
SBI Energy Opportunities Fund1.72%143 +11%
DSP Midcap Fund0.67%141 -24%
Mirae Asset Large Cap Fund0.36%139 -27%
Kotak Aggressive Hybrid Fund1.48%136 +2%
HDFC Large & Mid Cap Fund0.39%118 +3%
DSP ELSS Tax Saver Fund0.70%116 +5%
Motilal Oswal BSE Enhanced Value Index Fund3.92%88 +10%
Kotak Equity Savings Fund(M0.76%81 +2%
Kotak Balanced Advantage Fund0.46%80 +6%

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was -283% of net profit over the last 3 years
lookAuditor change Auditor change 2026-09-09: Power Finance Corporation Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2019-10-10President of IndiaPromotersother4,283,810Rs 4.28 CrOff Market
2019-07-22President Of IndiaPromotersother76,313,829Rs 76.31 CrOff Market
2019-03-25President of India(acting through Promotersother52,146,026Rs 52.15 CrOff Market
2019-02-21President of IndiaPromotersother12,196,071Rs 12.20 CrOff Market
2018-12-04The President of India (acting thrPromotersother109,808,544Rs 109.81 CrOff Market
2018-06-18President of India (acting throughPromotersother7,176,049Rs 7.18 CrOff Market
2017-11-23President of India (acting throughPromotersother11,415,287Rs 11.42 CrOff Market
2017-03-22President of India (acting throughPromotersother10,648,997Rs 10.65 CrOff Market
2017-01-19President of India (acting throughPromotersother27,568,341Rs 27.57 CrOff Market
2016-03-14N.K. KOHLIEmployees/Designated Employesell7,539Rs 0.12 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹28,527 Cr -0.0% vs Jun 2025. Net profit ₹8,998 Cr +0.2%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-27Interim Dividend - Rs 3.90 Per Share
2026-07-31Dividend - Rs 3.95 Per Share
2026-03-23Interim Dividend - Rs 3.25 Per Share
2026-02-20Interim Dividend - Rs 4 Per Share
2025-11-26Interim Dividend - Rs 3.65 Per Share
2025-08-18Interim Dividend - Rs 3.70 Per Share
2025-06-13Dividend - Rs 2.05 Per Share
2025-03-19Interim Dividend - Rs 3.50 Per Share
2025-02-28Interim Dividend - Rs 3.50 Per Share
2024-11-25Interim Dividend - Rs 3.50 Per Share
2024-08-30Interim Dividend - Rs 3.25 Per Share
2024-08-14Annual General Meeting
2024-07-26Dividend - Rs 2.50 Per Share
2024-03-22Interim Dividend - Rs 3 Per Share
2024-02-20Interim Dividend - Rs 3.50 Per Share
2023-11-24Interim Dividend - Rs 4.50 Per Share
2023-09-21Bonus 1:40.8000
2023-09-04Annual General Meeting
2023-06-16Dividend - Rs 4.50 Per Share
2023-02-24Interim Dividend - Rs 3.50 Per Share
2022-11-24Interim Dividend - Rs 3 Per Share
2022-09-01Interim Dividend - Rs 2.25 Per Share
2022-06-09Dividend - Rs 1.25 Per Share
2022-02-25Interim Dividend - Rs 6 Per Share
2021-11-24 Interim Dividend - Rs 2.50 Per Share
2021-08-31 Interim Dividend - Rs 2.25 Per Share
2021-08-31 Annual General Meeting
2021-07-01 Dividend - Rs 2 Per Share
2021-03-19 Interim Dividend - Rs 8 Per Share
2020-09-22 Annual General Meeting
2020-02-28 Interim Dividend - Rs 9.5 Per Share
2019-08-20 Annual General Meeting
2018-08-30 Annual General Meeting
2018-03-06 Interim Dividend - Rs 1.80 Per Share (Purpose Revised)
2017-11-10 Interim Dividend - Rs 6/- Per Share (Purpose Revised)
2017-09-11 Annual General Meeting
2017-03-30 Interim Dividend Rs 5/- Per Equity Share (Purpose Revised)
2016-08-26 Bonus 1:10.5000
2016-08-11 Annual General Meeting/ Dividend - Re 0.60/- Per Share
2016-02-16 Interim Dividend Rs 4.50 Per Share (Purpose Revised)
2015-12-23 Interim Dividend - Rs 8.80/- Per Share (Purpose Revised)
2015-09-15 Annual General Meeting/ Dividend - Re 0.60/- Per Share
2015-03-04Interim Dividend - Rs 8.50/- Per Share (Purpose Revised)
2014-09-10Annual General Meeting / Final Dividend - Re 0.20/- Per Share
2014-02-07Interim Dividend - Rs 8.80/- Per Share (Purpose Revised)
2013-09-10Annual General Meeting / Final Dividend - Re 1/- Per Share
2013-02-04Interim Dividend Rs 6 Per Share (Purpose Revised)
2012-09-05Annual General Meeting And Dividend Re.1/- Per Share
2012-02-08Interim Dividend Rs.5/- Per Share (Purpose Revised)
2011-09-12Annual General Meeting And Dividend Rs.1.50 Per Share
2011-01-21Interim Dividend-Rs.3.50 Per Share (Purpose Revised)
2010-09-03Annual General Meeting And Dividend Rs.1.50 Per Share
2010-02-03Int Div-Rs.3/- Per Share Purpose Revised
2009-09-07Agm/Div-Rs.1.35 Per Share
2009-02-24Interim Dividend - 26.5% Purpose Revised
2008-07-14Agm/Dividend - 10%
2008-02-11Interim Dividend - 25% Purpose Revised
2007-09-07Agm/Final Dividend-10%
DateTypeWhat it says
2026-10-01Change in ManagementIntimation regarding Change in Senior Management
2026-09-28General UpdatesTransfer of Latur REZ Transmission Limited and Raigad Power Transmission Limited (wholly owned subsidiaries of PFC Consulting Limited) (wholly owned s...
2026-09-28General UpdatesIncorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited) - MALEGAON POWER T...
2026-09-22CessationCessation of Mr Pankaj Gupta as Non- Executive Independent Director of the company w.e.f. September 22, 2026.
2026-09-09Change in AuditorsChange in Auditors of the company.
2026-09-01Shareholder meetingVoting results.
2026-08-31General UpdatesProceedings of 40th AGM of Power Finance Corporation Limited
2026-08-29General UpdatesTransfer of Fatehgarh II Transmission Limited (wholly owned subsidiary of PFC Consulting Limited) (wholly owned subsidiary of Power Finance Corporatio...
2026-08-14General UpdatesNewspaper Publication-Financial Results
2026-08-12General UpdatesNewspaper Publication in respect of Notice of 40th Annual General Meeting & e-voting information
2026-08-09Shareholder meetingNotice of Annual General Meeting to be held on August 31, 2026
2026-08-08General UpdatesGeneral Updates
2026-08-08General UpdatesGeneral Updates
2026-08-07Record DateRecord date for the purpose of Dividend is 27-Aug-2026.
2026-08-07Board meeting outcomeOutcome of Board Meeting
2026-08-03General UpdatesTransfer of Ananthpuram Transmission Limited and Krishnagiri REZ Transmission Limited (wholly owned subsidiaries of PFC Consulting Limited) (wholly ow...
2026-07-28General UpdatesIncorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited)- BENCHIGERE TRANSM...
2026-07-27General UpdatesIncorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited)- (i) KUSHTAGI TRAN...
2026-07-23Board meeting outcomeOutcome of Board Meeting
2026-07-13General UpdatesIncorporation of wholly owned Subsidiary of PFC Consulting Limited (a wholly owned Subsidiary of Power Finance Corporation Limited)- SATARA POWER TRAN...
2026-07-10General UpdatesIntimation pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-06-30General UpdatesTransfer of Kakinada I Transmission Limited (wholly owned subsidiary of PFC Consulting Limited) (wholly owned subsidiary of Power Finance Corporation ...
2026-06-28Amalgamation/MergerOutcome of Board Meeting held on June 28, 2026
2026-06-24General UpdatesUpdate
2026-06-24Record DateRecord date for the purpose of Intimation of Record Date for the purpose of Final Dividend for the FY 2025-26 is 31-Jul-2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.80
Max pain (expiry 2026-10-27)340
Largest call open interest at350
Largest put open interest at330
Implied volatility, at the money27.3%
Underlying at snapshot318.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-292
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Power Finance Corporation Ltd?

Power Finance Corporation Ltd (PFC) has a market capitalisation of Rs 1,06,956 Cr. at the 2026-10-01 close.

What is the P/E ratio of Power Finance Corporation Ltd?

Power Finance Corporation Ltd trades at a P/E of 4.10 on trailing twelve-month profit, at the 2026-10-01 close.

What were Power Finance Corporation Ltd's latest quarterly results?

In the Jun 2026 quarter, Power Finance Corporation Ltd revenue was Rs 28,527 Cr (-0.0% vs Jun 2025) and net profit was Rs 8,998 Cr.

What is the 52-week high and low of Power Finance Corporation Ltd?

The 52-week high is Rs 486.50 and the 52-week low is Rs 320.80.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03