Financial Services · NSE/BSE: PFC

Power Finance Corporation Limited

Credit Services
Market Cap ₹1.41L Cr
Verdict: High

Quality Scores

Multi-Bagger
82/100
Compounder Quality
87/100
Management Credibility
90/100
Governance
84/100
Cash Flow Quality
65/100

AI Summary

Power Finance Corporation (PFC) is a Navratna PSU and a critical infrastructure finance company (IFC) that serves as the backbone of India's power sector financing. Over the last decade, PFC has transformed from a standalone lender into a consolidated financial powerhouse, notably through its acquisition of REC Limited. The company exhibits robust profitability with a Return on Equity (ROE) consistently above 20% and has significantly improved its asset quality, reducing Gross NPAs from over 7% to under 2%. Trading at roughly 1x book value with a high dividend yield, PFC offers a compelling…

Top Opportunities

  • Maharatna status with strong sovereign support
  • Deeply undervalued on P/B and P/E basis
  • High dividend yield consistently above 3%

Top Risks

  • Extremely high leverage (D/E ratio)
  • Vulnerability to power sector regulatory changes
  • Negative CFO due to core business nature

Latest report: Read the annual report summary →

Unlock the full report

Full sections, financial charts, AI chat and PDF export are available with Premium.