POWER FIN CORP LTD.
Latest filings
- PFC incorporates Khushkhera Transmission SPV for 400 KV Rajasthan project · Strategic Transactions
- Two transmission SPVs incorporated for renewable power projects · Strategic Transactions
- PFC subsidiary formed for Northern Region transmission project · Strategic Transactions
Snapshot
What the business is, and whether it's a good one at a fair price.
Operates as a government-owned non-banking financial company that lends to Indian power-sector utilities across generation, transmission, and distribution. Power Finance Corporation (PFC) borrows in domestic and international markets and on-lends at a spread of 2.46% in FY26, with a net interest margin of 3.55%. The consolidated loan book of ₹11.64 lakh crore is the largest among Indian NBFCs, including a renewable-energy book of ₹1.65 lakh crore. The loan mix is shifting from conventional thermal generation (~50% of book now, down from 75%) toward renewables and distribution. Asset quality is at historic lows — net credit-impaired ratio 0.15%, gross 1.09% — with 80% of the peak NPA book resolved. FY26 saw ₹2.85 lakh crore of sanctions against ₹80,000 crore disbursed, reflecting the long gestation of power infrastructure projects. The cost structure is light for an NBFC — employee cost is 0.5% of revenue and other opex 2.8%, with no material inputs — and PFC has approved a merger of REC into itself, targeted April 1, 2027, at a swap ratio of 88 PFC shares per 100 REC shares.
Scorecard
Measured from the filed financials, judged against its Financial Institution peers · as of FY26 — not investment advice
Strengths
Concerns
Nothing flagged in the filed numbers.Charts
How has the market priced it — with filings on the timeline?
PFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from POWER FIN CORP LTD.'s filed financials and exchange disclosures
What does POWER FIN CORP LTD. do?
POWER FIN CORP LTD. is a Finance company listed on NSE and BSE, trading under the symbol PFC.
Is POWER FIN CORP LTD. profitable?
Yes. Over the trailing twelve months POWER FIN CORP LTD. reported a net profit of ₹33,642 Cr on revenue of ₹1.15 L Cr.
Does POWER FIN CORP LTD. pay a dividend?
Not in the latest reported year — POWER FIN CORP LTD.'s dividend payout for FY26 was nil.
Is POWER FIN CORP LTD. expensive compared with its peers?
On trailing P/E, POWER FIN CORP LTD. ranks 1 of 8 in Financial Institution — cheaper than 100% of them, against an industry median of 13.9×. This is a position, not a valuation judgement.
How much does the POWER FIN CORP LTD. share price move in a day?
On a typical session POWER FIN CORP LTD. moves 0.91% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track POWER FIN CORP LTD.'s announcements?
Every NSE and BSE filing by POWER FIN CORP LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.