StrengthTalking point
Profit compounding faster than revenue
Over 4 years profit compounded at 15.7% a year while revenue compounded at 10.9% a year.
Importance 58 / 95 · growth
Power Finance Corporation · Research view
Power Finance Corporation Ltd
NSE: PFCBSE: 532810ISIN INE134E01011Face value ₹10consolidated
₹318
−2.09% · 2026-10-01 · 52-wk ₹318–₹481
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
StrengthTalking point
Book value compounding
Net worth compounded at 15.9% a year over 4 years (₹96,275 → ₹1,73,441).
Importance 55 / 95 · financial health
Context
Lower P/E than peers
Trades at 3.12× earnings — 67% below the financial institution median of 9.38×.
Importance 55 / 95 · valuation
Section 03 · The company
Who is this company?
Classified by the exchange under Financial Services › Financial Services › Finance › Financial Institution.
- Market cap
- ₹1.05 L cr
- FY2026 revenue
- ₹1,15,444 cr
- FY2026 net profit
- ₹33,625 cr
- Net worth
- ₹1,73,441 cr
- Total debt
- —net cash
- EPS (basic)
- ₹78.49
- Listed
- NSE · BSE
- Reporting
- Ind-AS (NBFC)Apr–Mar
Peer set used on this page: 4 financial institution.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Strength
Over 4 years profit compounded at 15.7% a year while revenue compounded at 10.9% a year.
Rule PROFIT_CAGR_VS_REVENUE_CAGR
- Revenue growth per year
- +10.9%over 4 years
- Revenue growth
- +8.4%vs last year
- Net profit growth
- +10.2%vs last year
- Change in net profit since FY22
- +79%
Revenue has compounded at 10.9% a year over 4 years (₹76,262 → ₹1,15,444) — steady rather than rapid.
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit of ₹8,998 cr is the highest of the 13 quarters on record for this company.
Rule QTR_PROFIT_AT_RECORD
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 25,722 | — | 7,215 | — | 28.0% |
| Q3 FY25 | 26,798 | +13.7% | 7,760 | +23.3% | 29.0% |
| Q4 FY25 | 29,265 | +21.2% | 8,358 | +10.6% | 28.6% |
| Q1 FY26 | 28,539 | +15.5% | 8,981 | +25.1% | 31.5% |
| Q2 FY26 | 28,890 | +12.3% | 7,834 | +8.6% | 27.1% |
| Q3 FY26 | 29,095 | +8.6% | 8,212 | +5.8% | 28.2% |
| Q4 FY26 | 28,920 | −1.2% | 8,598 | +2.9% | 29.7% |
| Q1 FY27 | 28,527 | −0.0% | 8,998 | +0.2% | 31.5% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹1,15,431 crTTM
- EBITDA
- ₹1,12,466 crTTM
- EBIT
- ₹1,12,399 crTTM
- PBT
- ₹42,911 crTTM
- Net profit
- ₹33,642 crTTM
C. Corporate actions
27 Aug 2026DividendInterim Dividend - Rs. - 3.9000 — ₹3.90/share
31 Jul 2026DividendFinal Dividend - Rs. - 3.9500 — ₹3.95/share
23 Mar 2026DividendInterim Dividend - Rs. - 3.2500 — ₹3.25/share
20 Feb 2026DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
26 Nov 2025DividendInterim Dividend - Rs. - 3.6500 — ₹3.65/share
18 Aug 2025DividendInterim Dividend - Rs. - 3.7000 — ₹3.70/share
13 Jun 2025DividendFinal Dividend - Rs. - 2.0500 — ₹2.05/share
19 Mar 2025DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
28 Feb 2025DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
25 Nov 2024DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
30 Aug 2024DividendInterim Dividend - Rs. - 3.2500 — ₹3.25/share
26 Jul 2024DividendFinal Dividend - Rs. - 2.5000 — ₹2.50/share
22 Mar 2024DividendInterim Dividend - Rs. - 3.0000 — ₹3.00/share
20 Feb 2024DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
24 Nov 2023DividendInterim Dividend - Rs. - 4.5000 — ₹4.50/share
21 Sept 2023Bonus issueBonus issue 1:4 — 4:5
16 Jun 2023DividendFinal Dividend - Rs. - 4.5000 — ₹4.50/share
24 Feb 2023DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
24 Nov 2022DividendInterim Dividend - Rs. - 3.0000 — ₹3.00/share
1 Sept 2022DividendInterim Dividend - Rs. - 2.2500 — ₹2.25/share
9 Jun 2022DividendFinal Dividend - Rs. - 1.2500 — ₹1.25/share
25 Feb 2022DividendInterim Dividend - Rs. - 6.0000 — ₹6.00/share
24 Nov 2021DividendInterim Dividend - Rs. - 2.5000 — ₹2.50/share
31 Aug 2021DividendInterim Dividend - Rs. - 2.2500 — ₹2.25/share
1 Jul 2021DividendFinal Dividend - Rs. - 2.0000 — ₹2.00/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Margin and return trends are shown above.
- EBITDA margin now
- 97.3%
- 5-year range
- 89.4–100.6%
- ROE FY2026
- 20.5%
- ROCE FY2026
- —
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Net worth compounded at 15.9% a year over 4 years (₹96,275 → ₹1,73,441).
Rule NET_WORTH_COMPOUNDING
Operating cash flowNet profit
- Total debt
- —
- Operating cash flow ÷ net profit
- -0.13×FY2026
- Free cash flow
- ₹−4,841 cr
- Current ratio
- —
Section 08 · Relative position
How does it compare with peers?
Ranked against 4 financial institution (FY2026, consolidated).
Revenue growth
PFC · 2nd of 4 · set median 7.1%
EBITDA margin
PFC · 2nd of 4 · set median 96.5%
Return on equity
PFC · 1st of 4 · set median 17.8%
P/E ratio
PFC · 1st of 4 · set median 9.4×
Context
Trades at 3.12× earnings — 67% below the financial institution median of 9.38×.
Rule PE_BELOW_PEERS
- P / E
- 3.1×TTM to Jun 26
- P / B
- 0.6×latest book
- P / S
- 0.9×TTM sales
- Earnings yield
- 32.1%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 3.1× · P/S 0.9× · ROE 20.5%.
Section 09 · The stock
How has the stock performed?
Context
Over 4 years profit compounded at 15.7% a year while the stock returned 8.1% a year — the FY2022 base was somewhat depressed, so part of this is recovery rather than trend.
Rule STOCK_LAGGED_EARNINGS · rebound
- 1-year return
- −22.7%
- 3-year return
- +26.2%
- 5-year return
- +184.1%
- From 52-wk high
- −33.9%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹374
- vs 200-day avg
- Below₹400
- RSI (14)
- 20.0oversold
- MACD histogram
- -1.2
- From 52-wk high
- −33.9%
- From 52-wk low
- 0.0%
- 30-day volatility
- 24.3%ann.
- 6-month return
- −20.3%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
Nothing is flagged for review for this company.
Data coverage is complete — 5 years of financials (FY2022–FY2026), full P&L, balance sheet and cash-flow statement, sector metrics fully mapped.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 76,262 | 77,568 | 91,097 | 1,06,502 | 1,15,444 |
| Total income | 76,345 | 77,625 | 91,175 | 1,06,599 | 1,15,527 |
| EBITDA | 68,148 | 73,565 | 91,604 | 1,03,358 | 1,12,346 |
| Profit before tax | 23,405 | 26,496 | 33,588 | 38,632 | 42,850 |
| Net profit | 18,768 | 21,179 | 26,461 | 30,514 | 33,625 |
| EPS (₹) | 53.1 | 60.2 | 59.9 | 69.7 | 78.5 |
| Net worth | 96,275 | 1,11,981 | 1,34,289 | 1,55,155 | 1,73,441 |
| Operating cash flow | 1,632 | −74,699 | −97,820 | −92,269 | −4,505 |
| Free cash flow | 1,544 | −74,821 | −98,143 | −93,110 | −4,841 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | 1.7 | 17.4 | 16.9 | 8.4 |
| Profit growth YoY | — | 12.8 | 24.9 | 15.3 | 10.2 |
| Profitability | |||||
| EBITDA margin % | 89.4 | 94.8 | 100.6 | 97.0 | 97.3 |
| Net margin % | 24.6 | 27.3 | 29.0 | 28.6 | 29.1 |
| Return on equity % | 19.5 | 20.3 | 21.5 | 21.1 | 20.5 |
| Return on capital % | — | — | — | — | — |
| Leverage & cash | |||||
| Debt to equity | — | — | — | — | — |
| Cash flow ÷ profit | 0.09 | -3.53 | -3.70 | -3.02 | -0.13 |
| Current ratio | — | — | — | — | — |