Power Finance Corporation Limited
Established in 1986, we take immense pride in being India’s largest NBFC, specialising in providing financial assistance to the country’s power & infrastructure sectors. PFC is under the administrative control of the Ministry of Power. Power Finance Corporation Ltd. (PFC) stands tall as a distinguished Schedule-A Maharatna Central Public Sector Enterprise (CPSE) and India’s largest Non-Banking Financial Company
(NBFC) by assets.
Customer Portfolio
- State Government
- Central/State power utilities
- State Electricity Boards
- Independent Power Producers
- Private Sector Utilities
Shareholding Pattern
- PUBLIC GROUP
- PROMOTER GROUP
Financial Summary
Particulars | March 2023 | March 2022 | March 2021 |
Sales | 77,568 | 76,262 | 62,189 |
Interest | 47,017 | 44,709 | 40,845 |
Financing Profit | 26,501 | 23,338 | 19,871 |
Financing Margin % | 34% | 31% | 28% |
Profit after tax | 21,179 | 18,768 | 15,716 |
EPS in Rs. | 48.15 | 42.47 | 35.6 |
Synopsis of Financials
- The company has shown continuous increase in profit due to the increase in country’s power consumption grew by over 16 per cent to 151.66 billion units in August this year compared to that of the same month last year.
- Owing to continuous and active resolution efforts, consolidated net NPA (bad loans) reached below 1 per cent and is at 0.98 per cent in April-September 2023 from 1.27 per cent in April-September 2022.
Final Outlook
Power Finance Corporation (PFC) envisions itself maintaining a 25% market share in the loan sector for renewable energy and anticipates growing its lending in the energy transition segment, notably in the renewable energy space.The corporation has disbursed Rs 55,500 crore in the first half of the current financial year, a 2.5% increase over the same period last year.
For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 19662.65 Crore, up 1.65 % from last quarter Total Income of Rs 19344.39 Crore and up 2.33 % from last year same quarter Total Income of Rs 19215.00 Crore. Company has reported net profit after tax of Rs 5241.09 Crore in latest quarter.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as professional financial, investment, or legal advice. The user assumes all risks associated with their use of the information.
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