Power Finance Corporation Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 20.7%)
- Attractively valued vs sector (P/E 4.5x vs industry 37.5x)
- Trading below book value (P/B 0.8x)
- Regular dividends — yield 5.2%
Concerns
Today's Price Action
Power Finance Corporation Limited is trading at ₹355.6, unchanged from the previous close. The daily turnover of 1,91,96,269 shares matches the 20‑day average volume, indicating a steady participation level and no abnormal buying or selling pressure on the day.
Valuation Snapshot
The stock’s trailing P/E of 4.46 is markedly lower than the sector average, which is currently reported as zero (indicative of a lack of earnings or a negative earnings base in peer companies). A return on equity of 20.7 % reflects solid profitability relative to its capital base.
Key Levels to Watch
The current price sits near the lower end of the 52‑week range, with the 52‑week low at ₹330 and the high at ₹486, suggesting limited upside distance to historic resistance. Open‑interest data on the nearest options strike points to notable support around ₹350 and resistance near ₹380, levels that have historically acted as price magnets.
Chart Pattern
In the last ten trading sessions, the chart displayed a bullish harami formation four days ago on the daily timeframe, followed by a bearish marubozu and a three‑black‑crows pattern five days ago. These candlesticks illustrate a short‑term shift from a bullish to a bearish price complexion, capturing the transition in market sentiment.
Data Summary
Key metrics for Power Finance Corporation Limited include a market‑capitalisation figure that is currently listed as zero crore, a P/B ratio of 0, and a trailing P/E of 4.46. The stock’s volume consistency, combined with a 20.7 % ROE, highlights a stable trading environment and efficient capital utilisation.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹712 | ₹11.0L Cr | 13.9 | 1.83 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,423 | ₹10.2L Cr | 18.2 | 2.7 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹1,016 | ₹9.4L Cr | 11.2 | 1.51 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,061 | ₹6.6L Cr | 32.2 | 5.8 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹415 | ₹5.3L Cr | 8.75 | — | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹425 | ₹4.2L Cr | 21.1 | 2.33 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹4.0L Cr | 14.3 | 1.79 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PFC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 55.99% | 55.99% | 55.99% | 55.99% | 55.99% | 55.99% |
| FII | 17.85% | 17.19% | 17.93% | 17.74% | 18.04% | 18.84% |
| DII | 17.47% | 18.21% | 17.04% | 17.43% | 17.16% | 16.17% |
| Public | 8.66% | 8.58% | 9.04% | 8.83% | 8.80% | 8.97% |
Corporate Events
Interim Dividend - Rs 3.90 Per Share
Intimation of Board Meeting
Intimation of Board Meeting- Updates
Dividend - Rs 3.95 Per Share
Intimation of Board Meeting
In terms of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a meeting of the Board of Directors of Power Finance Corporation Limited is scheduled to be held on Sunday, June 28, 2026, to
Intimation of Board Meeting pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015
Interim Dividend - Rs 3.25 Per Share
Interim Dividend - Rs 4 Per Share
Interim Dividend - Rs 3.65 Per Share
Latest News
All newsSurana Telecom appoints new CFO and approves share buyback.
*Surana Telecom appoints new CFO and approves share buyback.* The board approved a buyback of up to **₹90 crore** through open market purchases. A new Chief Financial Officer has been appointed to strengthen leadership. The buyback represents **1.8%** of the paid-up capital. 📊 *STOCKS:* $STL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #CFO
GE Power India appoints new management team
*GE Power India appoints new management team.* The company has announced a change in its leadership structure, effective immediately. While no financial figures were disclosed, such shifts may influence strategic direction. Investors may assess implications for future operations and governance. 📊 *STOCKS:* GEPOWER | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ManagementChange
PFC and REC approve merger to form ₹11L Cr entity
*PFC and REC approve merger to form ₹11L Cr entity.* The boards of both state-owned firms have approved the amalgamation, creating a financial entity with **₹11 lakh crore** on-balance-sheet assets. The merged entity will strengthen India’s power sector financing. Final approval awaits regulatory and shareholder consent. 📊 *STOCKS:* PFC | RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
PFC and REC approve merger, loan book to exceed ₹11 lakh crore
*PFC and REC boards approve merger, loan book to exceed ₹11 lakh crore*. The merger of PFC and REC has been approved by both boards, creating a financial entity with a combined loan book exceeding **₹11 lakh crore**. This consolidation strengthens India’s power sector financing and enhances operational scale. The move is part of the government’s strategy to streamline public sector financial institutions. 📊 *STOCKS:* PFC | RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
PFC-REC merger approved, to create largest power financier
*PFC-REC merger approved, to create largest power financier*. The boards of PFC and REC have approved their merger, forming India’s largest power sector financier with a combined balance sheet exceeding **₹3.7 lakh crore**. The move aims to enhance operational efficiency and strengthen funding capacity for power projects. The integration is expected to be completed by FY25. 📊 *STOCKS:* PFC, RPOWER | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
PFC board approves merger with REC at 88:100 swap ratio
*PFC board approves merger with REC at 88:100 swap ratio.* Shareholders of REC will get **88 shares** of PFC for every **100 shares** held. The merged entity will have a loan book exceeding **₹11 lakh crore**, creating one of India’s largest power sector financiers. The move aims to strengthen credit profile and operational synergies. 📊 *STOCKS:* PFC, RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
PFC and REC to merge in all-stock deal
*PFC and REC to merge in all-stock deal* with a share swap ratio of **1 share of PFC for every 1.5 shares of REC**. The merger is expected to be completed by **Q4 FY24**, creating a unified power sector financier. The combined entity will have a loan portfolio of over **₹7.5 lakh crore**. The move aims to improve operational efficiency and strengthen India’s power infrastructure financing. 📊 *STOCKS:* PFC, RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
PFC-REC merger approved; swap ratio set
*PFC-REC merger approved; swap ratio set* The government has approved the merger of REC into PFC, effective August 1, 2024. Shareholders will receive **1 share of PFC for every 2 shares of REC**. The move consolidates power sector financing under one entity, impacting valuation and trading dynamics. 📊 *STOCKS:* PFC | RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
PFC and REC merger to create power financing giant
*PFC and REC merger to create power financing giant.* The all-stock merger will form India’s largest power sector financier with a combined AUM of **₹6.5 lakh crore**. Shareholders will receive **1 REC share for every 10 PFC shares**. The unified entity aims to strengthen infrastructure financing and reduce borrowing costs. 📊 *STOCKS:* PFC, RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #merger
PFC-REC merger approved, creating India's largest power NBFC
*PFC-REC merger approved, creating India's largest power NBFC.* The board has cleared the merger, combining two state-owned giants. The new entity will have a combined **₹3.6 lakh crore** loan book, enhancing scale and efficiency in the power sector. Integration is expected to be complete by FY25. 📊 *STOCKS:* PFC, RECLTD | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹8.2K Cr 4.8% | ₹7.8K Cr 12.8% | ₹9.0K Cr 7.5% | ₹8.4K Cr 7.7% | ₹7.8K Cr 7.6% | ₹7.2K Cr 0.5% | ₹7.2K Cr 4.9% | ₹7.6K Cr |
| EPS (₹) | 19.07 9.6% | 17.4 16.4% | 20.81 8.7% | 19.14 8.4% | 17.66 9.9% | 16.07 4.3% | 16.8 1.4% | 17.04 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹3.2K Cr 2.6% | ₹3.3K Cr 9963.6% | ₹-33 Cr 100.8% | ₹4.1K Cr 50.7% | ₹8.2K Cr 15.7% | ₹7.1K Cr 3.1% | ₹7.3K Cr 332.3% | ₹1.7K Cr 74.2% | ₹6.6K Cr 18.9% | ₹5.5K Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹49 Cr 42.4% | ₹85 Cr 23.2% | ₹69 Cr 46.8% | ₹47 Cr 40.5% | ₹79 Cr 71.7% | ₹46 Cr 56.2% | ₹105 Cr 11.7% | ₹94 Cr 123.8% | ₹42 Cr 40.0% | ₹30 Cr |
| Interest | ₹69.4K Cr 7.4% | ₹64.6K Cr 11.5% | ₹58.0K Cr 23.3% | ₹47.0K Cr 5.2% | ₹44.7K Cr 0.1% | ₹44.7K Cr 9.4% | ₹40.8K Cr 18.0% | ₹34.6K Cr 14.3% | ₹30.3K Cr 80.6% | ₹16.8K Cr |
| Depreciation | ₹63 Cr 12.5% | ₹56 Cr 5.7% | ₹53 Cr 1.9% | ₹52 Cr 48.6% | ₹35 Cr 40.0% | ₹25 Cr 4.2% | ₹24 Cr 60.0% | ₹15 Cr 0.0% | ₹15 Cr 63.4% | ₹41 Cr |
| PBT | ₹42.9K Cr 10.9% | ₹38.6K Cr 15.0% | ₹33.6K Cr 26.8% | ₹26.5K Cr 13.3% | ₹23.4K Cr 17.6% | ₹19.9K Cr 41.1% | ₹14.1K Cr 21.1% | ₹17.9K Cr 51.6% | ₹11.8K Cr 123.8% | ₹5.3K Cr |
| Tax % | 22.0% 4.8% | 21.0% 0.0% | 21.0% 5.0% | 20.0% 0.0% | 20.0% 4.8% | 21.0% 36.4% | 33.0% 13.8% | 29.0% 16.0% | 25.0% 56.9% | 58.0% |
| Net Profit | ₹33.6K Cr 10.2% | ₹30.5K Cr 15.3% | ₹26.5K Cr 24.9% | ₹21.2K Cr 12.8% | ₹18.8K Cr 19.4% | ₹15.7K Cr 65.8% | ₹9.5K Cr 25.0% | ₹12.6K Cr 43.7% | ₹8.8K Cr 293.4% | ₹2.2K Cr |
| EPS (₹) | 78.49 12.7% | 69.67 16.3% | 59.88 24.4% | 48.15 13.4% | 42.47 19.3% | 35.6 65.0% | 21.58 28.2% | 30.06 48.3% | 20.27 199.0% | 6.78 |
| Div Payout | 24.0% 4.3% | 23.0% 0.0% | 23.0% 4.5% | 22.0% 4.3% | 23.0% 4.5% | 22.0% 37.1% | 35.0% | 0.0% 100.0% | 31.0% 47.5% | 59.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹3.3K Cr 0.0% | ₹3.3K Cr 0.0% | ₹3.3K Cr 25.0% | ₹2.6K Cr 0.0% | ₹2.6K Cr 0.0% | ₹2.6K Cr 0.0% | ₹2.6K Cr 0.0% | ₹2.6K Cr 0.0% | ₹2.6K Cr 0.0% | ₹2.6K Cr |
| Reserves | ₹1.2L Cr 8.1% | ₹1.1L Cr 17.0% | ₹97.8K Cr 20.0% | ₹81.5K Cr 18.1% | ₹69.0K Cr 18.8% | ₹58.1K Cr 24.3% | ₹46.8K Cr 5.1% | ₹44.5K Cr 19.6% | ₹37.2K Cr 8.7% | ₹34.2K Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹94.7K Cr 6.9% | ₹88.6K Cr 16.9% | ₹75.8K Cr 24.6% | ₹60.8K Cr 3.3% | ₹58.8K Cr 6.5% | ₹55.3K Cr 13.8% | ₹48.6K Cr 14.9% | ₹42.3K Cr 1.7% | ₹41.5K Cr 110.9% | ₹19.7K Cr |
| Total Liabilities | ₹12.2L Cr 3.8% | ₹11.8L Cr 13.4% | ₹10.4L Cr 15.9% | ₹9.0L Cr 13.3% | ₹7.9L Cr 2.0% | ₹7.8L Cr 11.7% | ₹6.9L Cr 10.4% | ₹6.3L Cr 20.4% | ₹5.2L Cr 101.3% | ₹2.6L Cr |
Assets | ||||||||||
| Fixed Assets | ₹764 Cr 0.4% | ₹761 Cr 0.4% | ₹764 Cr 2.3% | ₹782 Cr 8.8% | ₹719 Cr 110.9% | ₹341 Cr 43.3% | ₹238 Cr 21.4% | ₹196 Cr 21.7% | ₹161 Cr 45.6% | ₹296 Cr |
| CWIP | ₹105 Cr 19.3% | ₹88 Cr 125.6% | ₹39 Cr 77.3% | ₹22 Cr 58.5% | ₹53 Cr 84.2% | ₹336 Cr 16.7% | ₹288 Cr 44.7% | ₹199 Cr 54.3% | ₹129 Cr 22.9% | ₹105 Cr |
| Investments | ₹14.3K Cr 11.7% | ₹12.8K Cr 16.6% | ₹11.0K Cr 83.7% | ₹6.0K Cr 58.3% | ₹3.8K Cr 7.9% | ₹3.5K Cr 20.5% | ₹4.4K Cr 4.3% | ₹4.6K Cr 16.2% | ₹5.5K Cr 74.7% | ₹3.1K Cr |
| Other Assets | ₹12.1L Cr 3.7% | ₹11.6L Cr 13.4% | ₹10.3L Cr 15.5% | ₹8.9L Cr 13.1% | ₹7.9L Cr 1.9% | ₹7.7L Cr 11.9% | ₹6.9L Cr 10.5% | ₹6.2L Cr 20.7% | ₹5.2L Cr 101.9% | ₹2.6L Cr |
| Total Assets | ₹12.2L Cr 3.8% | ₹11.8L Cr 13.4% | ₹10.4L Cr 15.9% | ₹9.0L Cr 13.3% | ₹7.9L Cr 2.0% | ₹7.8L Cr 11.7% | ₹6.9L Cr 10.4% | ₹6.3L Cr 20.4% | ₹5.2L Cr 101.3% | ₹2.6L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-92.3K Cr 5.7% | ₹-97.8K Cr 31.0% | ₹-74.7K Cr 1623.2% | ₹4.9K Cr 108.3% | ₹-59.1K Cr 40.3% | ₹-42.1K Cr 47.5% | ₹-80.3K Cr 40.4% | ₹-57.1K Cr 3283.7% | ₹1.8K Cr 113.5% | ₹-13.3K Cr |
| Investing CF | ₹-2.2K Cr 35.1% | ₹-3.4K Cr 101.2% | ₹-1.7K Cr 209.7% | ₹-547 Cr 131.4% | ₹1.7K Cr 2484.9% | ₹-73 Cr 99.5% | ₹-13.5K Cr 1055.5% | ₹1.4K Cr 311.2% | ₹-667 Cr 66.2% | ₹-2.0K Cr |
| Financing CF | ₹94.2K Cr 7.0% | ₹1.0L Cr 34.1% | ₹75.5K Cr 1002.1% | ₹-8.4K Cr 113.9% | ₹60.4K Cr 39.2% | ₹43.4K Cr 53.6% | ₹93.6K Cr 80.0% | ₹52.0K Cr 2567.6% | ₹1.9K Cr 81.2% | ₹10.4K Cr |
| Net Cash Flow | ₹-323 Cr 1109.4% | ₹32 Cr 103.7% | ₹-874 Cr 78.2% | ₹-4.0K Cr 232.8% | ₹3.0K Cr 156.4% | ₹1.2K Cr 1303.1% | ₹-98 Cr 97.4% | ₹-3.7K Cr 220.8% | ₹3.1K Cr 163.0% | ₹-4.9K Cr |
| Free Cash Flow | ₹-93.1K Cr 5.1% | ₹-98.1K Cr 31.2% | ₹-74.8K Cr 1725.1% | ₹4.6K Cr 107.8% | ₹-59.2K Cr 40.1% | ₹-42.3K Cr 47.4% | ₹-80.4K Cr 40.4% | ₹-57.2K Cr 3646.3% | ₹1.6K Cr 112.0% | ₹-13.5K Cr |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About Power Finance Corporation Limited
Power Finance Corporation Limited is a Systemically Important Non-Deposit taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the Indian power sector. [1]
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