Live Power Finance Corporation Share Price Chart

O 392.95

H 392.95

L 392.95

VOL 21806

Power Finance Corporation Performance

Days Range

Low: ₹385.10
High: ₹400.40
Previous Close ₹395.45
Open ₹392.95
Volume 87,87,475
Day’s Range ₹385.10 - ₹400.40
52W Range ₹124.64 - ₹477.80
Market Cap ₹1,30,502 Cr

Power Finance Corporation Fundamentals

ROCE (TTM) 9.16
P/E Ratio (TTM) 6.94
P/B Ratio 1.4
Industry P/E 19.22
Debt to Equity 8.73
ROE 19.24
EPS (TTM) 57.01
Dividend Yield 2.68
Book Value 282.7
Face Value 10

Power Finance Corporation Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Expenses12,312.2913,600.4313,774.915,632.08
Profit before tax7,761.827,401.018,628.797,961.32
Operating Profit6,128.635,982.146,628.176,294.44
Net Profit6,128.635,982.146,628.176,294.44
EPS in Rs17.7117.3314.6514.33

About Power Finance Corporation

History of Power Finance Corporation (PFC) Limited 

Incorporated in 1986, Power Finance Corporation (PFC) Limited is a Schedule-A Maharatna Central Public Sector Enterprise (CPSE) and the largest Non-Banking Financial Company (NBFC) in India in terms of assets. 

In 1988, Power Finance Corporation started lending. In 1998, the company registered as an NBFC with the Reserve Bank of India (RBI). In 2007, they got the status of Navratna, and in the same year, the company released its IPO. In 2010, PFC registered with the RBI as an infrastructure finance company. In 2021, the company got Maharatna status, and in 2023, they diversified into the Infra and Logistics sectors. 

As of March 2023, the company has its registered office in Delhi and regional offices in Chennai and Mumbai. Power Finance Corporation is the key financial partner for the India Government in the power sector. They play an important role critical role in managing key Government schemes, such as the Revamped Distribution Sector Scheme (RDSS), Integrated Power Development Scheme (IPDS), Late Payment Surcharge (LPS) Rules, Ultra Mega Power Projects (UMPPs), and also functioning as the Bid Process Coordinator for Independent Transmission Projects (ITPs). In 2022, they were ranked 34 on Fortune 500 companies list and were ranked 378 worldwide in terms of assets by Forbes Global List 2023. 

Business Segments of Power Finance Corporation Limited 

The primary business segment of the company is to lend to power, infrastructure and logistics sector entities. Power Finance Corporation’s product portfolio includes:

  • Fund-based Products: Under this, the products are Project term loans, Lease financing, Short/Medium-term loans, Grants/interest-free loans, Corporate loans, Line of credit, Buyer’s line of credit, Lease financing, Debt refinancing, Credit facilities. 
  • Non-Fund-based Products: Under this, Power Finance Corporation provides a Guarantee for the performance of contracts/obligations in Power Purchase Agreements (PPA) and Letter of Comfort (LOC). 

As of March 31, 2023, some of the subsidiaries of Power Finance Corporation Limited are as follows:

  • PFC Consulting: This wholly-owned subsidiary of Power Finance Corporation provides consultancy services to the Power Sector. 
  • PFC Projects: This is a wholly-owned subsidiary of the company that was set up to develop the Ultra Mega Power Projects (UMPP) in Karnataka.  
  • REC Limited: This subsidiary of the company finances projects in the complete power sector. Power Finance Corporation holds a 52.63% stake in this company.

Key Personalities of Power Finance Corporation Limited

Parminder Chopra, Managing Director and Chairman

Parminder Chopra has been the Chairman and Managing Director of Power Finance Corporation Limited since August 14, 2023. She holds an experience of more than 35 years in the power and finance industry. Formerly, she was the Director (Finance) at PFC since July 2020, and she also held the additional charge of Chairman and Managing Director (CMD), effective from June 2023.

Corporate Actions of Power Finance Corporation Limited

  • The company issued a bonus share of a 1:1 ratio with a record date of August 29, 2016. 
  • The company issued a bonus share of a 1:4 ratio with a record date of September 21, 2023.
Parent Organisation GoI - FIs
Founded 1986
Managing Director Parminder Chopra
NSE Symbol PFC

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Power Finance Corporation FAQs

What is the Share price of Power Finance Corporation (PFC)?

Power Finance Corporation (PFC) share price as of April 19, 2024, on NSE is Rs 398.65 (NSE) and Rs 398.70 (BSE) on BSE.

Can I buy Power Finance Corporation (PFC) shares?

Yes, You can buy Power Finance Corporation (PFC) shares by opening a Demat account with Angel One.

How do I buy Power Finance Corporation (PFC) from Angel One?

Power Finance Corporation (PFC) share can be brought through the following modes:
  1. Direct investment: You can buy Power Finance Corporation (PFC) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Power Finance Corporation (PFC) shares.

Is Power Finance Corporation a Debt free Company?

No, Power Finance Corporation is not a debt free company.

What is the main business of Power Finance Corporation?

The main business of Power Finance Corporation is to provide funding to the power sector. It is India’s largest government-owned NBFC and runs various schemes, such as Ultra Mega Power Projects (UMPPs), Revamped Distribution Sector Scheme (RDSS), and Integrated Power Development Scheme (IPDS).

Who are the promoters of Power Finance Corporation?

The main promoters of Power Finance Corporation is the President of India with an 55.99% shareholding as of 30th September 2022.

What are the Subsidiaries that comes under Power Finance Corporation?

The two primary subsidiaries that come under Power Finance Corporation are PFC Consulting Limited and REC Limited.