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Power Finance Corporation Share Price Target 2024, 2025, 2026, 2027, 2028 to 2030

Sachin ChaudharyJune 2, 2024

0 0 4 minutes read

Power Finance Corporation Share Price Target 2024, 2025, 2026, 2027, 2028 to 2030

Introduction to Power Finance Corporation Ltd (Power Finance Corporation)

Power Finance Corporation Share Price Target: PFC (Power Finance Corporation), established in 1986, operates under the Ministry of Power, Government of India. It is recognized as the largest Non-Banking Financial Company (NBFC) in India, often referred to as the financial backbone of the power sector. Power Finance Corporation was awarded the prestigious ‘Navratna Company’ status in 2007, and in 2021, it was further elevated to ‘Maharatna’ status, signifying its crucial role and outstanding performance in the public sector.

Overview of Power Finance Corporation Company

The primary function of Power Finance Corporation Ltd is to provide financial support for various power projects, encompassing power generation, transmission, and distribution. According to the Public Enterprises Survey for the financial year 2017-18, Power Finance Corporation was ranked 8th among the highest profit-making companies under the Central Government. As of March 31, 2023, the company employed around 600 individuals.

Company Name	Power Finance Corporation Ltd
Market Cap	₹1,26,745.47 Crore
Book Value	₹236.12
Face Value	₹10
P/B	1.68
52 Week High	₹487.50
52 Week Low	₹120.57
DIV. YIELD	3.3%

Power Finance Corporation is fully owned by the Indian Government as of 2007. It operates through three main segments: Commercial Division, Project Division, and Finance Division. The Commercial Division handles credit appraisal, power sector reforms, and reviews; the Project Division oversees operations across different states; and the Finance Division is responsible for fund mobilization and disbursement.

Financial Data Analysis of Power Finance Corporation Ltd

Investors keen on investing in Power Finance Corporation shares typically analyze the company’s performance, overall profit, and net sales amount. Key financial ratios such as PE ratio, return on assets, current ratio, and return on equity are crucial indicators of the company’s financial health.

Power Finance Corporation PE Ratio (Price To Earning Ratio)

The PE ratio is calculated by dividing the market price per share by the earnings per share. Power Finance Corporation has a PE ratio of 8.69, indicating it is undervalued.

Power Finance Corporation Return on Assets (ROA)

ROA is derived by dividing profit after tax by total assets. Power Finance Corporation’s ROA stands at 19.12%, a positive sign for the company’s growth.

Power Finance Corporation Return on Equity (ROE)

ROE is calculated as net profit divided by average shareholder equity. Power Finance Corporation’s ROE is 18.2%, which is quite favorable.

Power Finance Corporation Share Price on NSE and BSE

Power Finance Corporation shares are listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

NSE: The latest NSE price as of March 28, 2023, was ₹390.25, with a growth of +5.75 (1.50%).
BSE: The latest BSE price as of March 28, 2023, was ₹390.20, with a growth of +4.95 (1.28%).

Dividend History of Power Finance Corporation Company

Power Finance Corporation has a robust dividend history:

2016: Final dividend of 6%
2021: Final dividend of ₹2.0000 per share (20%)
2022: Final dividend of ₹1.2500 per share (12.5%)
2023: Final dividend of ₹4.5000 per share (45%)

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Power Finance Corporation Share Price Target Predictions