Power Finance Corporation Ltd (PFC): Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 26, 2024, 9:52 pm

Market Cap	1,52,843 Cr.
Current Price	463
High / Low	580/352
Stock P/E	7.21
Book Value	333
Dividend Yield	2.91 %
ROCE	9.85 %
ROE	21.3 %
Face Value	10.0
PEG Ratio	0.58

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Power Finance Corporation Ltd (PFC)

Competitors of Power Finance Corporation Ltd (PFC)

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Tourism Finance Corporation of India Ltd	1,444 Cr.	156	268/124	14.6	126	1.60 %	10.5 %	8.65 %	10.0
Power Finance Corporation Ltd (PFC)	1,52,843 Cr.	463	580/352	7.21	333	2.91 %	9.85 %	21.3 %	10.0
IFCI Ltd	15,938 Cr.	60.9	91.4/27.6	110	22.4	0.00 %	10.2 %	2.48 %	10.0
Housing & Urban Development Corporation Ltd (HUDCO)	45,536 Cr.	228	354/116	18.5	85.5	1.82 %	9.23 %	13.2 %	10.0
Industry Average	53,940.25 Cr	226.98		37.58	141.73	1.58%	9.95%	11.41%	10.00

All Competitor Stocks of Power Finance Corporation Ltd (PFC)

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Revenue	19,268	19,176	18,853	18,532	19,336	19,639	20,061	21,009	22,391	23,572	24,141	24,717	25,722
Interest	11,235	11,235	10,926	10,837	11,413	12,129	12,637	13,670	14,313	14,827	15,152	15,519	16,006
Expenses	1,747	1,887	2,493	2,184	1,316	900	-339	-65	-551	791	-588	311	367
Financing Profit	6,286	6,053	5,435	5,511	6,608	6,610	7,763	7,404	8,629	7,954	9,577	8,886	9,348
Financing Margin %	33%	32%	29%	30%	34%	34%	39%	35%	39%	34%	40%	36%	36%
Other Income	15	38	20	12	8	24	13	9	13	22	35	20	33
Depreciation	9	9	10	12	12	14	14	12	13	14	15	12	13
Profit before tax	6,291	6,082	5,446	5,511	6,604	6,619	7,762	7,401	8,629	7,961	9,597	8,894	9,368
Tax %	20%	20%	21%	17%	21%	21%	21%	19%	23%	21%	21%	19%	23%
Net Profit	5,023	4,894	4,296	4,580	5,229	5,241	6,129	5,982	6,628	6,294	7,556	7,182	7,215
EPS in Rs	11.36	10.85	9.71	10.35	11.92	11.70	14.17	13.87	14.65	14.33	17.04	16.80	16.07
Gross NPA %	5.17%		5.02%	5.02%	4.38%	3.91%	3.66%	3.54%	3.40%	3.13%	3.02%	2.97%	2.62%
Net NPA %	1.72%	1.86%	1.60%	1.57%	1.27%	1.15%	1.03%	1.00%	0.98%	0.86%	0.85%	0.84%	0.80%

Last Updated: November 22, 2024, 5:04 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: November 22, 2024, 5:04 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	17,314	21,407	24,988	27,861	27,581	48,624	54,106	62,189	71,656	76,262	77,684	91,508	98,152
Interest	10,995	13,053	15,456	16,657	16,768	30,289	34,627	40,845	44,684	44,709	47,017	57,962	61,505
Expenses	331	748	1,103	2,042	5,538	6,583	1,696	7,332	7,102	8,215	4,167	-27	882
Financing Profit	5,987	7,607	8,429	9,162	5,275	11,752	17,783	14,012	19,871	23,338	26,501	33,573	35,764
Financing Margin %	35%	36%	34%	33%	19%	24%	33%	23%	28%	31%	34%	37%	36%
Other Income	12	23	25	25	30	42	94	105	46	79	47	69	109
Depreciation	6	5	8	20	41	15	15	24	25	35	52	53	54
Profit before tax	5,994	7,624	8,446	9,167	5,264	11,779	17,862	14,093	19,891	23,382	26,496	33,588	35,820
Tax %	26%	28%	29%	33%	58%	25%	29%	33%	21%	20%	20%	21%
Net Profit	4,438	5,462	6,004	6,184	2,236	8,797	12,640	9,477	15,716	18,768	21,179	26,461	28,248
EPS in Rs	13.45	16.55	18.19	18.74	6.78	20.27	30.06	21.58	35.60	42.47	48.15	59.88	64.24
Dividend Payout %	21%	22%	20%	30%	59%	31%	0%	35%	22%	23%	22%	23%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	23.07%	9.92%	3.00%	-63.84%	293.43%	43.69%	-25.02%	65.83%	19.42%	12.85%	24.94%
Change in YoY Net Profit Growth (%)	0.00%	-13.15%	-6.93%	-66.84%	357.27%	-249.74%	-68.71%	90.86%	-46.41%	-6.57%	12.09%

Power Finance Corporation Ltd (PFC) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	16%
5 Years:	11%
3 Years:	8%
TTM:	18%

Compounded Profit Growth
10 Years:	14%
5 Years:	15%
3 Years:	19%
TTM:	18%

Stock Price CAGR
10 Years:	14%
5 Years:	38%
3 Years:	69%
1 Year:	20%

Return on Equity
10 Years:	19%
5 Years:	20%
3 Years:	21%
Last Year:	21%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:52 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	1,320	1,320	1,320	1,320	2,640	2,640	2,640	2,640	2,640	2,640	2,640	3,300	3,300
Reserves	22,360	26,202	31,091	34,708	34,205	37,194	44,481	46,760	58,127	69,036	81,518	97,847	106,746
Borrowings	139,473	159,215	187,795	200,660	202,993	441,151	539,488	596,561	659,682	660,476	751,158	861,961	910,447
Other Liabilities	6,178	7,582	8,705	10,531	19,700	41,546	42,260	48,560	55,257	58,848	60,796	75,770	82,868
Total Liabilities	169,330	194,320	228,912	247,220	259,537	522,531	628,869	694,521	775,707	791,000	896,112	1,038,877	1,103,361
Fixed Assets	75	72	102	198	296	161	196	238	341	719	782	764	763
CWIP	0	1	2	47	105	129	199	288	336	53	22	39	53
Investments	27	27	528	2,230	3,145	5,493	4,604	4,404	3,499	3,774	5,973	10,971	13,219
Other Assets	169,229	194,220	228,280	244,745	255,990	516,749	623,871	689,590	771,530	786,454	889,334	1,027,102	1,089,326
Total Assets	169,330	194,320	228,912	247,220	259,537	522,531	628,869	694,521	775,707	791,000	896,112	1,038,877	1,103,361

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-25,102	-22,473	-21,455	-13,298	1,795	-57,148	-80,252	-42,148	-59,143	4,904	-74,717	-97,820
Cash from Investing Activity +	22	9	-491	-1,973	-667	1,409	-13,463	-73	1,741	-547	-1,694	-3,409
Cash from Financing Activity +	27,947	17,671	26,916	10,383	1,950	52,018	93,616	43,399	60,424	-8,371	75,537	101,261
Net Cash Flow	2,868	-4,793	4,970	-4,888	3,079	-3,720	-98	1,179	3,023	-4,014	-874	32

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	192.00	589.00	-186.00	-198.00	-197.00	-435.00	-538.00	-589.00	-652.00	-652.00	-747.00	-888.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %	20%	21%	20%	18%	6%	17%	23%	15%	21%	21%	20%	21%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%	55.99%
FIIs	16.71%	16.76%	16.21%	16.82%	16.85%	16.49%	17.49%	16.85%	17.85%	17.19%	17.93%	17.74%
DIIs	13.58%	13.58%	12.74%	17.22%	17.87%	18.63%	18.10%	17.86%	17.47%	18.21%	17.04%	17.43%
Public	13.72%	13.66%	15.05%	9.95%	9.26%	8.89%	8.42%	9.29%	8.66%	8.58%	9.04%	8.83%
No. of Shareholders	3,83,046	4,17,337	4,45,834	4,60,893	4,19,122	4,29,397	4,32,084	5,33,375	5,97,315	7,07,579	10,04,152	10,34,391

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Balanced Advantage Fund - Regular Plan	49,375,161	2.42	1653.57	49,375,161	2024-12-24	0%
HDFC Mid-Cap Opportunities Fund - Regular Plan	37,237,034	2.39	1247.07	49,375,161	2024-12-24	-24.58%
Nippon India Growth Fund	30,500,112	4.78	1021.45	49,375,161	2024-12-24	-38.23%
HDFC Top 100 Fund - Regular Plan	23,253,180	2.81	778.75	49,375,161	2024-12-24	-52.91%
Sundaram Mid Cap Fund	12,284,897	4.43	411.42	49,375,161	2024-12-24	-75.12%
Sundaram Mid Cap Fund - Institutional Plan	12,284,897	4.43	411.42	49,375,161	2024-12-24	-75.12%
DSP Flexi Cap Fund	10,289,228	3.64	344.59	49,375,161	2024-12-24	-79.16%
Mirae Asset Large & Midcap Fund	10,261,528	1.13	343.66	49,375,161	2024-12-24	-79.22%
DSP ELSS Tax Saver Fund	10,242,136	2.72	343.01	49,375,161	2024-12-24	-79.26%
Mirae Asset Midcap Fund	9,495,652	2.48	318.01	49,375,161	2024-12-24	-80.77%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	59.88	60.19	53.08	44.50	26.98
Diluted EPS (Rs.)	59.88	60.19	53.08	44.50	26.98
Cash EPS (Rs.)	80.34	80.42	71.31	59.60	35.91
Book Value[Excl.RevalReserv]/Share (Rs.)	406.92	424.16	364.67	309.80	250.62
Book Value[Incl.RevalReserv]/Share (Rs.)	406.92	424.16	364.67	309.80	250.62
Revenue From Operations / Share (Rs.)	276.04	293.81	288.86	271.42	235.56
PBDIT / Share (Rs.)	277.58	278.64	258.13	244.66	208.10
PBIT / Share (Rs.)	277.42	278.45	258.00	244.57	208.01
PBT / Share (Rs.)	101.78	100.36	88.65	75.32	53.30
Net Profit / Share (Rs.)	80.18	80.22	71.17	59.51	35.82
NP After MI And SOA / Share (Rs.)	59.88	60.19	53.08	44.50	26.98
PBDIT Margin (%)	100.55	94.83	89.36	90.14	88.34
PBIT Margin (%)	100.49	94.77	89.31	90.10	88.30
PBT Margin (%)	36.87	34.15	30.68	27.74	22.62
Net Profit Margin (%)	29.04	27.30	24.63	21.92	15.20
NP After MI And SOA Margin (%)	21.69	20.48	18.37	16.39	11.45
Return on Networth / Equity (%)	19.53	18.88	19.55	19.33	14.41
Return on Capital Employeed (%)	67.44	65.09	12.09	11.15	10.50
Return On Assets (%)	1.90	1.77	1.77	1.51	1.02
Long Term Debt / Equity (X)	0.00	0.00	6.50	8.17	9.23
Total Debt / Equity (X)	8.52	8.93	9.21	10.86	12.08
Asset Turnover Ratio (%)	0.09	0.06	0.06	0.06	0.06
Current Ratio (X)	1.14	1.13	3.43	3.90	4.00
Quick Ratio (X)	1.14	1.13	3.43	3.90	4.00
Dividend Payout Ratio (NP) (%)	24.38	16.61	24.01	17.97	35.21
Dividend Payout Ratio (CP) (%)	24.31	16.56	23.95	17.93	35.09
Earning Retention Ratio (%)	75.62	83.39	75.99	82.03	64.79
Cash Earning Retention Ratio (%)	75.69	83.44	76.05	82.07	64.91
Interest Coverage Ratio (X)	1.58	1.56	1.52	1.45	1.35
Interest Coverage Ratio (Post Tax) (X)	1.46	1.45	1.42	1.35	1.23
Enterprise Value (Cr.)	1020484.17	814942.50	708078.39	702506.88	633468.96
EV / Net Operating Revenue (X)	11.20	10.51	9.28	9.80	10.19
EV / EBITDA (X)	11.14	11.08	10.39	10.88	11.53
MarketCap / Net Operating Revenue (X)	1.41	0.51	0.38	0.41	0.39
Retention Ratios (%)	75.61	83.38	75.98	82.02	64.78
Price / BV (X)	1.27	0.47	0.41	0.49	0.49
Price / Net Operating Revenue (X)	1.41	0.51	0.38	0.41	0.39
EarningsYield	0.15	0.39	0.47	0.39	0.29

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Power Finance Corporation Ltd (PFC) as of December 27, 2024 is: 526.28

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 27, 2024, Power Finance Corporation Ltd (PFC) is Undervalued by 13.67% compared to the current share price 463.00

Intrinsic Value of Power Finance Corporation Ltd (PFC) as of December 27, 2024 is: 592.23

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 27, 2024, Power Finance Corporation Ltd (PFC) is Undervalued by 27.91% compared to the current share price 463.00

Last 5 Year EPS CAGR: 12.53%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Power Finance Corporation Ltd (PFC):
1. Net Profit Margin: 29.04%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 67.44% (Industry Average ROCE: 9.95%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 19.53% (Industry Average ROE: 11.41%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.46
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.14
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 7.21 (Industry average Stock P/E: 37.58)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 8.52
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Power Finance Corporation Ltd (PFC)?

The latest intrinsic value of Power Finance Corporation Ltd (PFC) as on 27 December 2024 is ₹526.28, which is 13.67% higher than the current market price of ₹463.00. The stock has a market capitalization of 1,52,843 Cr. and recorded a high/low of 580/352 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹106,746 Cr and total liabilities of ₹1,103,361 Cr.

What is the Market Cap of Power Finance Corporation Ltd (PFC)?

The Market Cap of Power Finance Corporation Ltd (PFC) is 1,52,843 Cr..

What is the current Stock Price of Power Finance Corporation Ltd (PFC) as on 27 December 2024?

The current stock price of Power Finance Corporation Ltd (PFC) as on 27 December 2024 is 463.

What is the High / Low of Power Finance Corporation Ltd (PFC) stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Power Finance Corporation Ltd (PFC) stocks is 580/352.

What is the Stock P/E of Power Finance Corporation Ltd (PFC)?

The Stock P/E of Power Finance Corporation Ltd (PFC) is 7.21.

What is the Book Value of Power Finance Corporation Ltd (PFC)?

The Book Value of Power Finance Corporation Ltd (PFC) is 333.

What is the Dividend Yield of Power Finance Corporation Ltd (PFC)?

The Dividend Yield of Power Finance Corporation Ltd (PFC) is 2.91 %.

What is the ROCE of Power Finance Corporation Ltd (PFC)?

The ROCE of Power Finance Corporation Ltd (PFC) is 9.85 %.

What is the ROE of Power Finance Corporation Ltd (PFC)?

The ROE of Power Finance Corporation Ltd (PFC) is 21.3 %.

What is the Face Value of Power Finance Corporation Ltd (PFC)?

The Face Value of Power Finance Corporation Ltd (PFC) is 10.0.