Last 306.45 INR
Change Today +7.95 / 2.66%
Volume 804.7K
POWF On Other Exchanges
Symbol
Exchange
Natl India
As of 11:40 PM 11/27/14 All times are local (Market data is delayed by at least 15 minutes).

power finance corporation (POWF) Snapshot

Open
299.90
Previous Close
298.50
Day High
308.25
Day Low
299.90
52 Week High
06/9/14 - 344.75
52 Week Low
01/27/14 - 128.75
Market Cap
403.9B
Average Volume 10 Days
3.6M
EPS TTM
41.38
Shares Outstanding
1.3B
EX-Date
09/10/14
P/E TM
7.4x
Dividend
9.00
Dividend Yield
3.02%
Current Stock Chart for POWER FINANCE CORPORATION (POWF)

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power finance corporation (POWF) Details

Power Finance Corporation Limited provides financial products, and related advisory and other services to the power sector in India. The company offers fund based financial policies/products, including asset acquisition; bridge, corporate, short term, and rupee and foreign currency term loans; short/medium term loan to equipment manufacturers; short term loan for SPV; buyer’s line of credit; credit facility for purchase of power; and direct discounting of bills for buyers and sellers. The fund based financial policies/products also include debt refinancing; energy saving projects; fuel supply projects and equipment manufacturers financing; grants/interest free loans for studies/consultancies; lease financing for wind power projects and purchase of equipment; line of credit for import of coal; and solar PV policy to power generation projects and private sector. Its non-fund based products comprise guarantee, guarantee for credit enhancement, and letter of comfort. The company also provides consultancy services in the areas of procurement of power by distribution licensees through tariff based competitive bidding; renewable and non-conventional energy schemes; coal block JVs; selection of developers for coal blocks and linked power projects; selection of EPC contractors; reform, restructuring, and regulatory aspects; capacity building and human resource development; and execution of ultra mega power projects, and independent transmission projects. In addition, it offers acquisition advisory services; financing of equipment manufacturing facilities, fuel sources development and distribution projects, and renewable energy sector projects; and consortium lending services. The company serves state power utilities, central power sector utilities, power departments, joint sector power utilities, private power sector utilities, including independent power producers, etc. Power Finance Corporation Limited was founded in 1986 and is based in New Delhi, India.

446 Employees
Last Reported Date: 08/25/14
Founded in 1986

power finance corporation (POWF) Top Compensated Officers

Chairman, Managing Director, Director of Comm...
Total Annual Compensation: 4.7M
Director of Finance, Whole Time Director, Mem...
Total Annual Compensation: 4.0M
Director of Projects, Whole-Time Director, Me...
Total Annual Compensation: 3.1M
Executive Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

power finance corporation (POWF) Key Developments

Government In A Rush To Divest

Government of India is rushing to complete at least a part of its financial year 2015 disinvestment plan which includes Coal India Limited (BSE:533278), NHPC Ltd. (BSE:533098), Oil and Natural Gas Corp. Ltd. (BSE:500312) and Steel Authority of India Limited (BSE:500113). Stake sale in either Coal India Limited or Oil and Natural Gas Corp. Ltd. may happen in the next two weeks. A 10% stake sale in Coal India Limited will fetch about INR 217.78 billion, a 5% stake sale in Oil and Natural Gas Corp. Ltd. will garner INR 160.8 billion, while a 11% sale in NHPC Ltd. and a 5% sale in Steel Authority of India Limited, will garner INR 26.72 billion and INR 17.4 billion respectively. “The government is hoping to get close to the budgeted target and plans to sell stake in Coal India, ONGC, SAIL, and NHPC by January–end,” said a senior finance ministry official who did not wish to be named. Others in the divestment plan may include Power Finance Corporation Limited (BSE:532810), Rural Electrification Corporation Limited (BSE:532955), Container Corporation of India Ltd. (BSE:531344), Hindustan Aeronautics Limited, Rashtriya Ispat Nigam Ltd and MOIL Limited (BSE:533286). For Coal India and ONGC the government is planning to sell a part of its stake in two tranches, official sources said.

Power Finance Corporation Limited Reports Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Power Finance Corporation Limited reported standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company has posted total income from operations of INR 63,047.0 million against INR 53,335.4 million a year ago. Profit from operations before other income and exceptional items were INR 20,170.8 million against INR 17,862.7 million a year ago. Profit from ordinary activities before tax was INR 20,214.3 million against INR 17,896.9 million a year ago. Net profit was INR 14,085.5 million or INR 10.67 basic and diluted per share against INR 12,737.9 million or INR 9.65 basic and diluted per share a year ago. For the six months, the company has posted total income from operations of INR 122,230.9 million against INR 103,495.4 million a year ago. Profit from operations before other income and exceptional items were INR 40,156.0 million against INR 35,072.5 million a year ago. Profit from ordinary activities before tax was INR 40,254.6 million against INR 35,117.7 million a year ago. Net profit was INR 28,568.4 million or INR 21.64 basic and diluted per share against INR 24,720.3 million or INR 18.73 basic and diluted per share a year ago.

Power Finance Corporation Limited to Report Q2, 2015 Results on Oct 31, 2014

Power Finance Corporation Limited announced that they will report Q2, 2015 results on Oct 31, 2014

 

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POWF

Industry Average

Valuation POWF Industry Range
Price/Earnings 6.0x
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow 6.0x
TEV/Sales -- Not Meaningful
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