TickerSutra

NSE: PFC · BSE: 532810 · ISIN INE134E01011

Power Finance Corporation Limited stock analysis

Power Finance Corporation Limited ranks #2728 in the TickerSutra evidence-ranked universe with a score of 45/100 and 95% data confidence. The latest captured fundamentals show ROCE of 9.7%, quarterly sales growth of -0.0% and quarterly profit growth of 2.1%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE45/100

Avoid / exit review

#2728 of 5,430 ranked equities
Market capitalisation₹1,17,186.05cr
ROCE9.7%
Quarterly sales growth-0.0%
Quarterly profit growth2.1%
P/E ratio4.5×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×
  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹76,262cr₹23,338cr₹18,768cr31.0%
2023₹77,568cr₹26,501cr₹21,179cr34.0%
2024₹91,508cr₹33,573cr₹26,461cr37.0%
2025₹1,06,502cr₹38,603cr₹30,514cr36.0%
2026₹1,15,450cr₹42,864cr₹33,625cr37.0%
TTM₹1,15,431cr₹42,966cr₹33,642cr37.0%
Debt / equity7.62×
CFO / EBITDA-0.11×
Operating margin37.0%
Free cash flow₹-4,841cr
Sales CAGR · 3Y14.2%
Profit CAGR · 3Y16.7%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts20 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Capacity expansion plansHigh severity · 2 mentions
Positive catalyst

During the year, India added a record 55.3 GW of non-fossil capacity, led by 44.61 GW of solar power and 6.05 GW of wind power. Solar energy remained the primary driver of capacity expansion, raising the country's cumulative solar capacity to 150.26 GW, while wind capacity continued to grow steadily. These additions enabled India to meet rising electricity demand, successfully serving a peak demand of 242.49 GW durin

Market share gainHigh severity · 1 mention
Positive catalyst

PFC’s long-term business strategy is anchored on the following five strategic pillars: 1. Business Growth & Market Leadership • Preferred Lending Partner: Consolidate its position as the lender of choice in the Power, Energy, and Infrastructure sectors by financing solutions to government and private borrowers at reasonable costs. • Diversified Growth: Expand the lending portfolio into new and emerging areas across t

Management confidenceHigh severity · 1 mention
Constructive

35 40th Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements Our priorities remain clear-to strengthen our leadership in power and infrastructure financing, accelerate sustainable and green finance, deepen access to global capital, preserve best-in-class asset quality and continue delivering consistent long-term value to all our stakeholders. With a strong foundation and deep sectoral exper

Export market updatesModerate severity · 3 mentions
Constructive

The fund requirement of the Company has been continuously increasing over the years, to meet the ever increasing demand of the power sector. Thus, considering the Company’s projected funding requirements over next 4-5 years and to provide adequate flexibility for raising resources from International markets, the Board in its Meeting held on July 23, 2026, accorded approval for seeking the approval of shareholders for

Regulatory updatesModerate severity · 62 mentions
Constructive

Through these efforts, PFC successfully advanced its image. Borrowers Meet During FY2025-26, your Company successfully organised various Meets/Conference on the theme “PFC’s Financing in Dynamic Regulatory Environment”. • Central Sector Entities Meet Central Public Sector Undertakings (CPSUs) under the Ministry of Power are undertaking significant capital expenditure programmes in the power generation and transmissio

Regulatory approvalModerate severity · 9 mentions
Positive catalyst

The Scheme shall become effective from the Effective Date, as defined under the scheme, upon completion of all prescribed formalities and approvals. As per the proposed scheme, shareholders of REC Limited will receive 88 equity shares of PFC for every 100 equity shares of REC held by them, subject to receipt of all statutory and regulatory approvals. The proposed merger of Power Finance Corporation (PFC) and REC Limi

Institutional interestLow severity · 5 mentions
Watch

The results are also displayed on the website of the Company www.pfcindia.co.in News Release, Presentation etc: The official news releases, detailed presentations made to media, institutional investors, financial analysts etc. are displayed on the Company’s website www.pfcindia.co.in Website: The Company’s website www.pfcindia.co.in contains separate dedicated section ‘Investors’ where the information for shareholder

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

Loading corporate intelligence

Loading universe coverage and exchange-backed evidence…