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Earnings Call

Power Finance Corporation Earnings Call: Key Takeaways

PFC reported record standalone FY26 PAT of ₹20,051 crore (up 16% YoY) and consolidated PAT of ₹33,625 crore. Management announced a strategic merger with REC targeting April 2027 completion.

Why this was an Alfa AlertNot a filter event. Loan growth of 7% was below the guided range of 10-11%.
Highlights
MarginsNIM at 3.55%; Spread at 2.46%; FY27 spread guidance 2.40-2.50%.
Order bookCurrent sanctions at ₹2.85 lakh crore; unsanctioned book ₹2.5-3 lakh crore.
Demand visibilityStrong peak power demand; 55GW non-fossil capacity added in FY26.
Management confidenceHigh regarding asset quality and strategic relevance of REC merger.

Growth

Standalone PAT up 16% YoY; NII grew 13%; loan book reached ₹5.8 lakh crore (up 7% YoY).

Outlook

Guided for 10% loan growth in FY27; spreads expected at 2.40%-2.50%; targeting merger with REC by April 2027.

Risks

Rising competitive intensity from banks and high prepayment pressures in a declining interest rate environment.

Source

Earnings Call filed with BSE, NSE: PFC. Summary written with AI assistance from the document.

Read the document ↗

Power Finance Corporation Ltd: key numbers

Share price
₹338.00
Market cap
₹1,11,543 Cr
Revenue (annual)
₹1,15,444 Cr
Net profit (annual)
₹25,901 Cr
P/E (TTM)
4.3×Sector 22.0×
Promoter holding
55.99%+0.00% QoQ
FII holding
20.54%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Power Finance Corporation Ltd

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16:53 IST BSE
Debt & Borrowing

Power Finance Corporation Debt & Borrowing: ₹4,000 Cr

Power Finance Corporation Ltd has completed the full redemption of its 7.55% Bonds (Series 152) upon maturity. The company paid Rs.4,000 Crore to bondholders.

Value
₹4,000 Cr
16:52 IST BSE
Debt & Borrowing

Power Finance Corporation Debt & Borrowing: ₹301.2 Cr

Power Finance Corporation has successfully made an interest payment of Rs.301.17 Crore for its 7.55% PFC Bond Series 152.

Value
₹301.2 Cr
15:20 IST NSE
Debt & Borrowing

Power Finance Corporation Debt & Borrowing: ₹232.2 Cr

Power Finance Corporation Limited has timely paid interest dues amounting to ₹232.19 Crore for its 6.73% bond series. The payment was processed via electronic modes on September 25, 2026.

Value
₹232.2 Cr
15:47 IST BSE
Debt & Borrowing

Power Finance Corporation Debt & Borrowing: ₹487.4 Cr

PFC paid ₹487.41 Crore in annual interest across two bond series on 23 September 2026. Timely debt servicing confirmed on its 2031 and 2039 bonds.

Value
₹487.4 Cr
16:30 IST BSE
Debt & Borrowing

Power Finance Corporation Debt & Borrowing: ₹78.14 Cr

Power Finance Corporation paid interest of ₹78.14 Crore on its 7.75% bonds (ISIN: INE134E08IX1) due on September 22, 2026.

Value
₹78.14 Cr
12:04 IST NSE
Management Change

Power Finance Corporation Management Change

Shri Pankaj Gupta ceased as PFC's Non-Executive Independent Director on September 22, 2026, upon completing his three-month tenure. No successor was named.