Power Finance Corporation Ltd

Power Finance Corporation Ltd Share Price Today: Live Updates & Key Insights

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Power Finance Corporation Ltd Share Price Chart

Power Finance Corporation Ltd Fundamentals

Traded Volume: 39,04,024

Market Cap(Cr): 1,22,005

Avg Traded Price 370.52

1 Year return -18.45%

Upper Circuit 373.4

Lower Circuit 369

P/E TTM 5.00

P/B Ratio 75.00

Traded Value(Cr) 14433.18

EPS TTM 75.012

Book value 75.012

Dividend 4.00%

Power Finance Corporation Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Power Finance Corporation Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Power Finance Corporation Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W -0.86%

1M -7.10%

3M -8.35%

1Y -18.45%

YTD -16.85%

Power Finance Corporation Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Power Finance Corporation Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 44.30L

Day Before Yesterday 58.30L

1W Avg 51.52L

1M Avg 59.60L

3M Avg 49.87L

Power Finance Corporation Ltd Technical Details

Power Finance Corporation Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 368

Support 2 366

Support 3 364

Pivot Point : 371

Resistance 1 372

Resistance 2 375

Resistance 3 377

Power Finance Corporation Ltd Corporate Actions

Power Finance Corporation Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Power Finance Corporation Ltd’s capital allocation strategies.

All

Ex-Date 26-Nov-2025 Type D Description 3.65/share@36.50% Record Date 26-Nov-2025 Ratio 36.50

Ex-Date 18-Aug-2025 Type D Description 3.70/share@37.00% Record Date 18-Aug-2025 Ratio 37.00

Ex-Date 13-Jun-2025 Type D Description 2.05/share@20.50% Record Date 13-Jun-2025 Ratio 20.50

Ex-Date 19-Mar-2025 Type D Description 3.50/share@35.00% Record Date 19-Mar-2025 Ratio 35.00

Ex-Date 28-Feb-2025 Type D Description 3.50/share@35.00% Record Date 28-Feb-2025 Ratio 35.00

Ex-Date 25-Nov-2024 Type D Description 3.50/share@35.00% Record Date 25-Nov-2024 Ratio 35.00

Ex-Date 30-Aug-2024 Type D Description 3.25/share@32.50% Record Date 30-Aug-2024 Ratio 32.50

Ex-Date 26-Jul-2024 Type D Description 2.50/share@25.00% Record Date 26-Jul-2024 Ratio 25.00

Ex-Date 22-Mar-2024 Type D Description 3.00/share@30.00% Record Date 22-Mar-2024 Ratio 30.00

Ex-Date 20-Feb-2024 Type D Description 3.50/share@35.00% Record Date 20-Feb-2024 Ratio 35.00

Ex-Date 24-Nov-2023 Type D Description 4.50/share@45.00% Record Date 27-Nov-2023 Ratio 45.00

Ex-Date 21-Sep-2023 Type B Description share@1:4 Record Date 21-Sep-2023 Ratio 1:4

Ex-Date 16-Jun-2023 Type D Description 4.50/share@45.00% Record Date 16-Jun-2023 Ratio 45.00

Ex-Date 24-Feb-2023 Type D Description 3.50/share@35.00% Record Date 24-Feb-2023 Ratio 35.00

Ex-Date 24-Nov-2022 Type D Description 3.00/share@30.00% Record Date 25-Nov-2022 Ratio 30.00

Ex-Date 01-Sep-2022 Type D Description 2.25/share@22.50% Record Date 03-Sep-2022 Ratio 22.50

Ex-Date 09-Jun-2022 Type D Description 1.25/share@12.50% Record Date 10-Jun-2022 Ratio 12.50

Ex-Date 25-Feb-2022 Type D Description 6.00/share@60.00% Record Date 28-Feb-2022 Ratio 60.00

Ex-Date 24-Nov-2021 Type D Description 2.50/share@25.00% Record Date 25-Nov-2021 Ratio 25.00

Ex-Date 31-Aug-2021 Type D Description 2.25/share@22.50% Record Date 01-Sep-2021 Ratio 22.50

Ex-Date 01-Jul-2021 Type D Description 2.00/share@20.00% Record Date 02-Jul-2021 Ratio 20.00

Ex-Date 19-Mar-2021 Type D Description 8.00/share@80.00% Record Date 22-Mar-2021 Ratio 80.00

Ex-Date 28-Feb-2020 Type D Description 9.50/share@95.00% Record Date 02-Mar-2020 Ratio 95.00

Ex-Date 06-Mar-2018 Type D Description 1.80/share@18.00% Record Date 07-Mar-2018 Ratio 18.00

Ex-Date 10-Nov-2017 Type D Description 6.00/share@60.00% Record Date 13-Nov-2017 Ratio 60.00

Ex-Date 30-Mar-2017 Type D Description 5.00/share@50.00% Record Date 01-Apr-2017 Ratio 50.00

Ex-Date 26-Aug-2016 Type B Description share@1:1 Record Date 29-Aug-2016 Ratio 1:1

Ex-Date 11-Aug-2016 Type D Description 0.60/share@6.00% Record Date - Ratio 6.00

Ex-Date 16-Feb-2016 Type D Description 4.50/share@45.00% Record Date 17-Feb-2016 Ratio 45.00

Ex-Date 23-Dec-2015 Type D Description 8.80/share@88.00% Record Date 28-Dec-2015 Ratio 88.00

Ex-Date 15-Sep-2015 Type D Description 0.60/share@6.00% Record Date - Ratio 6.00

Ex-Date 04-Mar-2015 Type D Description 8.50/share@85.00% Record Date 05-Mar-2015 Ratio 85.00

Ex-Date 10-Sep-2014 Type D Description 0.20/share@2.00% Record Date - Ratio 2.00

Ex-Date 07-Feb-2014 Type D Description 8.80/share@88.00% Record Date 10-Feb-2014 Ratio 88.00

Ex-Date 10-Sep-2013 Type D Description 1.00/share@10.00% Record Date - Ratio 10.00

Ex-Date 04-Feb-2013 Type D Description 6.00/share@60.00% Record Date 05-Feb-2013 Ratio 60.00

Ex-Date 05-Sep-2012 Type D Description 1.00/share@10.00% Record Date - Ratio 10.00

Ex-Date 08-Feb-2012 Type D Description 5.00/share@50.00% Record Date 09-Feb-2012 Ratio 50.00

Ex-Date 12-Sep-2011 Type D Description 1.50/share@15.00% Record Date - Ratio 15.00

Ex-Date 21-Jan-2011 Type D Description 3.50/share@35.00% Record Date 24-Jan-2011 Ratio 35.00

Ex-Date 03-Sep-2010 Type D Description 1.50/share@15.00% Record Date - Ratio 15.00

Ex-Date 03-Feb-2010 Type D Description 3.00/share@30.00% Record Date 04-Feb-2010 Ratio 30.00

Ex-Date 07-Sep-2009 Type D Description 1.35/share@13.50% Record Date - Ratio 13.50

Ex-Date 24-Feb-2009 Type D Description 2.65/share@26.50% Record Date 25-Feb-2009 Ratio 26.50

Ex-Date 14-Jul-2008 Type D Description 1.00/share@10.00% Record Date - Ratio 10.00

Ex-Date 11-Feb-2008 Type D Description 2.50/share@25.00% Record Date 12-Feb-2008 Ratio 25.00

Ex-Date 07-Sep-2007 Type D Description 1.00/share@10.00% Record Date - Ratio 10.00

Dividends

Announcement Date 26-Nov-2025 Ex Dividend Date 26-Nov-2025 Dividend(%) 37

Announcement Date 18-Aug-2025 Ex Dividend Date 18-Aug-2025 Dividend(%) 37

Announcement Date 13-Jun-2025 Ex Dividend Date 13-Jun-2025 Dividend(%) 21

Announcement Date 19-Mar-2025 Ex Dividend Date 19-Mar-2025 Dividend(%) 35

Announcement Date 28-Feb-2025 Ex Dividend Date 28-Feb-2025 Dividend(%) 35

Announcement Date 25-Nov-2024 Ex Dividend Date 25-Nov-2024 Dividend(%) 35

Announcement Date 30-Aug-2024 Ex Dividend Date 30-Aug-2024 Dividend(%) 33

Announcement Date 26-Jul-2024 Ex Dividend Date 26-Jul-2024 Dividend(%) 25

Announcement Date 22-Mar-2024 Ex Dividend Date 22-Mar-2024 Dividend(%) 30

Announcement Date 20-Feb-2024 Ex Dividend Date 20-Feb-2024 Dividend(%) 35

Announcement Date 24-Nov-2023 Ex Dividend Date 24-Nov-2023 Dividend(%) 45

Announcement Date 16-Jun-2023 Ex Dividend Date 16-Jun-2023 Dividend(%) 45

Announcement Date 24-Feb-2023 Ex Dividend Date 24-Feb-2023 Dividend(%) 35

Announcement Date 24-Nov-2022 Ex Dividend Date 24-Nov-2022 Dividend(%) 30

Announcement Date 01-Sep-2022 Ex Dividend Date 01-Sep-2022 Dividend(%) 23

Announcement Date 09-Jun-2022 Ex Dividend Date 09-Jun-2022 Dividend(%) 13

Announcement Date 25-Feb-2022 Ex Dividend Date 25-Feb-2022 Dividend(%) 60

Announcement Date 24-Nov-2021 Ex Dividend Date 24-Nov-2021 Dividend(%) 25

Announcement Date 31-Aug-2021 Ex Dividend Date 31-Aug-2021 Dividend(%) 23

Announcement Date 01-Jul-2021 Ex Dividend Date 01-Jul-2021 Dividend(%) 20

Announcement Date 19-Mar-2021 Ex Dividend Date 19-Mar-2021 Dividend(%) 80

Announcement Date 28-Feb-2020 Ex Dividend Date 28-Feb-2020 Dividend(%) 95

Announcement Date 06-Mar-2018 Ex Dividend Date 06-Mar-2018 Dividend(%) 18

Announcement Date 10-Nov-2017 Ex Dividend Date 10-Nov-2017 Dividend(%) 60

Announcement Date 30-Mar-2017 Ex Dividend Date 30-Mar-2017 Dividend(%) 50

Announcement Date 11-Aug-2016 Ex Dividend Date 11-Aug-2016 Dividend(%) 6

Announcement Date 16-Feb-2016 Ex Dividend Date 16-Feb-2016 Dividend(%) 45

Announcement Date 23-Dec-2015 Ex Dividend Date 23-Dec-2015 Dividend(%) 88

Announcement Date 15-Sep-2015 Ex Dividend Date 15-Sep-2015 Dividend(%) 6

Announcement Date 04-Mar-2015 Ex Dividend Date 04-Mar-2015 Dividend(%) 85

Announcement Date 10-Sep-2014 Ex Dividend Date 10-Sep-2014 Dividend(%) 2

Announcement Date 07-Feb-2014 Ex Dividend Date 07-Feb-2014 Dividend(%) 88

Announcement Date 10-Sep-2013 Ex Dividend Date 10-Sep-2013 Dividend(%) 10

Announcement Date 04-Feb-2013 Ex Dividend Date 04-Feb-2013 Dividend(%) 60

Announcement Date 05-Sep-2012 Ex Dividend Date 05-Sep-2012 Dividend(%) 10

Announcement Date 08-Feb-2012 Ex Dividend Date 08-Feb-2012 Dividend(%) 50

Announcement Date 12-Sep-2011 Ex Dividend Date 12-Sep-2011 Dividend(%) 15

Announcement Date 21-Jan-2011 Ex Dividend Date 21-Jan-2011 Dividend(%) 35

Announcement Date 03-Sep-2010 Ex Dividend Date 03-Sep-2010 Dividend(%) 15

Announcement Date 03-Feb-2010 Ex Dividend Date 03-Feb-2010 Dividend(%) 30

Announcement Date 07-Sep-2009 Ex Dividend Date 07-Sep-2009 Dividend(%) 14

Announcement Date 24-Feb-2009 Ex Dividend Date 24-Feb-2009 Dividend(%) 27

Announcement Date 14-Jul-2008 Ex Dividend Date 14-Jul-2008 Dividend(%) 10

Announcement Date 11-Feb-2008 Ex Dividend Date 11-Feb-2008 Dividend(%) 25

Announcement Date 07-Sep-2007 Ex Dividend Date 07-Sep-2007 Dividend(%) 10

Bonus

Record Date 21-Sep-2023 Ex-Bonus Date 21-Sep-2023 Ratio 1:4

Record Date 29-Aug-2016 Ex-Bonus Date 26-Aug-2016 Ratio 1:1

Splits

No Split has been declared by PFC

Others

Rights No Rights has been declared by PFC

Power Finance Corporation Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Power Finance Corporation Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Power Finance Corporation Ltd's relative performance and valuation against major competitors.

Stock Name Indian Railway Finance Corporation Ltd ₹119.09 (-0.82%) M. Cap (Cr) 1556.33 1 Yr Return (%) -15.94% P/E (TTM) 22.77 PB Ratio 3.02

Stock Name Power Finance Corporation Ltd ₹369.70 (-0.82%) M. Cap (Cr) 1220.05 1 Yr Return (%) -18.45% P/E (TTM) 4.93 PB Ratio 1.11

Stock Name REC Ltd ₹358.20 (-0.89%) M. Cap (Cr) 943.22 1 Yr Return (%) -27.04% P/E (TTM) 5.46 PB Ratio 1.28

Stock Name Housing & Urban Development Corporation Ltd ₹230.02 (-2.99%) M. Cap (Cr) 460.48 1 Yr Return (%) +14.33% P/E (TTM) 16.43 PB Ratio 2.56

Stock Name Indian Renewable Energy Development Agency Ltd ₹144.41 (-1.52%) M. Cap (Cr) 405.68 1 Yr Return (%) -21.76% P/E (TTM) 23.54 PB Ratio 3.91

Stock Name IFCI Ltd ₹52.52 (-1.44%) M. Cap (Cr) 141.51 1 Yr Return (%) -11.31% P/E (TTM) 37.29 PB Ratio 2.38

Stock Name Tourism Finance Corporation of India Ltd ₹64.33 (-0.19%) M. Cap (Cr) 29.78 1 Yr Return (%) +105.86% P/E (TTM) 26.48 PB Ratio 2.45

Power Finance Corporation Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Power Finance Corporation Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 -50364.80 Mar 2024 -38680.43 Mar 2023 -35740.75 Mar 2022 6738.42 Mar 2021 -17514.68

PARTICULARS Investing Activities Mar 2025 -934.96 Mar 2024 -1472.81 Mar 2023 -713.97 Mar 2022 -30.53 Mar 2021 880.92

PARTICULARS Financing Activities Mar 2025 51300.00 Mar 2024 40152.86 Mar 2023 35755.95 Mar 2022 -9704.60 Mar 2021 20168.86

PARTICULARS Net Cash Flow Mar 2025 0.27 Mar 2024 -0.38 Mar 2023 -698.77 Mar 2022 -2996.71 Mar 2021 3535.10

Power Finance Corporation Ltd Shareholding Pattern

This shows the ownership breakdown of Power Finance Corporation Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 55.99%

Public 9.13%

Other Institutions 5.46%

FII 18.84%

Mutual Funds 10.58%

About Power Finance Corporation Ltd

Power Finance Corporation Limited is a Government Company engaged in extending financial assistance to power, logistics andinfrastructure sector and is registered with Reserve Bank of India (RBI) as an Infrastructure Finance Company (IFC). The Company has been conferred with Schedule-A `Maharatna' Status by the Govt. of India. Company provide large range of Financial Products and Services like Rupee Term Loans, Transitional Financing Services, Project Term Loan, Equipment Lease Financing, Direct Discounting of Bills, Short Term Loan, and Consultancy Services etc for various Power projects in Generation, Transmission, and Distribution sector as well as for Renovation & Modernization of existing power projects.The Company's clients include state power utilities, central power sector utilities, power departments, private power sector utilities (including independent power producers), joint sector power utilities, power equipment manufacturers and power utilities run by local municipalities. These clients are involved in all aspects of the generation, transmission and distribution and related activities in the power sector in India.Power Finance Corporation Limited was incorporated on July 16, 1986 as a Public Limited Company. The GoI established the company as a financial institution in order to finance, facilitate and promote power sector development in India with the President of India holding 100% of the equity share capital. In December 31, 1987, they commenced their business operations. In the year 1988, they started lending activities. In the year 1990, the company was declared as a public financial institution.In the year 1991, the company was conferred with a license to deal in foreign exchange in the power sector. In the year 1992, Project on Energy Management Consultation and Training (EMCAT) became operational with the objective to bring about improvement in the efficiency of the energy supply component of the power sector with the help of USAID. In the year 1996, the company started funding private power projects.In the year 1998, the company was granted the Mini Ratna (Category I) status. They promoted a joint venture company, namely PTC Ltd in association with NTPC and PGCIL. In the year 1999, the company launched consultancy services in order to provide consultancy services to both state owned and private power utilities for the power and financial sectors.In the year 2003, the company was appointed as a nodal agency by the MoP to fund the India Power Fund scheme to catalyze the process of fresh equity investment in the power sector. In the year 2005, the company entered into MoU with LIC and ten leading public sector banks for consortium financing of power projects. In the year 2006, the company incorporated seven subsidiary companies for developing UMPPs. They issued the letter of intent for the Sasan and Mundra UMPPs. In the year 2007, they incorporated their eighth subsidiary company for developing UMPP. During the year 2006-07, the company launched their IPO and the holding of Government of India reduced from 100% to 89.78% of the paid-up equity. On successful completion of bidding process, two of the subsidiaries, Coastal Gujarat Power Ltd and Sasan Power Ltd were transferred to Tata Power Company Ltd and Reliance Power Ltd on April 22, 2007 and August 7, 2007 respectively. The company was registered as a Non Banking Financial Company by RBI and was conferred with the status of Nav Ratna by the Govt of India on June 22, 2007. During the year 2007-08, the projects, namely Maneri Bhali U-1,3&4 (228 MW) of UTJVNL in Uttaranchal, Balimela U-7 of OHPC in Orissa and Teesta V HEP U-2 (170 MW) of NHPC in Sikkim, which were supported by the company were commissioned. The company sanctioned loans worth Rs 190 crore for R & M and Life Extension of thermal power plants. Also, they sanctioned Rs 222 crore for R&U of Hydro Power Projects.In March 2008, the company signed an MoU with RITES Ltd (A Govt. of India Enterprise) to facilitate import of coal from African countries and elsewhere. Also, they signed an MoU with TNEB whereby PFC would finance cogeneration projects of around 250 MW planned to be set up at a cost of Rs1200 crore in various cooperative and public sector sugar mills in the state of Tamil Nadu.In March 25, 2008, the company launched a 100% owned subsidiary company, namely PFC Consulting Ltd for providing consulting services. Also, they incorporated an advisory company namely Power Equity Capital Advisors Private Limited to provide advisory services related to equity investments in Indian power sector.During the year 2008-09, the company established a Consortium Lending Group (CLG) with an aim to give fillip to Consortium Lending Operations, particularly through the Power Lenders' Club (PLC) which has 21 members including LIC, HUDCO and 18 Indian banks. The projects in association with the company, namely Baglihar HEP (3x150 MW) of JKPDCL in Jammu and Kashmir, Priyadarshni Jurala HEP (6x39 MW) of APPGCL in Andhra Pradesh and Varahi HEP (2x115 MW) of KPCL in Karnataka were commissioned.During the year, the company sanctioned loans worth Rs 214 crore for R&M and life extension of thermal power plants. Also, they sanctioned Rs 48 crore for R&M of hydro power projects. Chhattisgarh State Electricity Board was reorganized / unbundled into Chhattisgarh State Power Holding Company Ltd., Chhattisgarh State Power Generation Company Ltd., Chhattisgarh State Power Transmission Company Ltd., Chhattisgarh State Power Distribution Company Ltd. and Chhattisgarh State Power Trading Company Ltd with effect from January 1, 2009. Also, the company in association with NTPC, NHPC and TCS promoted National Power Exchange Ltd with an authorized capital of Rs.50 crore. The company was conferred with the coveted 'KPMG-Infrastructure Today Award 2008' for 'Most Admired Government Enabler - Power' category. During the year 2009-10, the company sanctioned loans worth Rs 1,950 crore for R&M and life extension of thermal power plants. Also, they sanctioned Rs 74 crore for R&M of hydro power projects. In August 2009, Jharkhand Integrated Power Ltd. for Tilaiya UMPP in Jharkhand has also been transferred on 7th August, 2009 to Reliance Power Ltd. In November 2009, the company signed a joint venture agreement with TPC Ltd., Power Grid Corporation of India Ltd. and Rural Electrification Corporation Ltd for incorporating a Joint Venture Company with equal equity contribution (i.e. 25% each) from all the 4 CPSUs.As on March 31, 2010, the company established twelve Special Purpose Vehicles for UMPPs to undertake preliminary site investigation activities necessary for conducting the bidding process for these projects. Ministry of Power is the 'facilitator' for the development of these UMPPs while Central Electricity Authority (CEA) is the 'Technical Partner'. These SPVs shall be transferred to successful bidder(s) selected through Tariff Based International Competitive Bidding Process for implementation and operation. During the year 2010-11, loans worth Rs 556 crore were sanctioned for R&M and life extension of thermal power plants and an amount of Rs 562 crore was disbursed. Also, they disbursed Rs 83 crore for R&M of hydro power projects. In July 28, 2010, RBI classified the company as an Infrastructure Finance Company (IFC).In October 2010, the company signed an MoU with NPCIL, the only player in nuclear power generation in India, for offering financial assistance to NPCIL for their new power projects as well as renovation, refurbishment and life extension projects etc.During the first quarter of financial year 2011-12, the company made a Further Public Offer (FPO) of 22,95,53,340 equity shares of Rs 10 each. The issue included a fresh issue of 17,21,65,005 equity shares by the Company and an offer for sale of 5,73,88,335 equity shares by the President of India acting through Ministry of Power, Government of India.In March 30, 2011, the company incorporated a wholly-owned subsidiary company namely Power Finance Corporation Green Energy Ltd to provide financial support for generating green (Renewable and Non-conventional sources of) energy. In July 18, 2011, they incorporated a wholly owned subsidiary, PFC Capital Advisory Services Ltd to syndicate and make financial arrangements for the Projects/ enterprises in the areas of power, energy, infrastructure and other industries.During 2012, the corporation incorporated a Special Purpose Vehicle (SPV), as a wholly-owned subsidiary Company namely Deoghar Mega Power Limited. The Corporation also disbursed Rs 7,400 cr loan to 5 sick DiscomsIn 2013, four Special Purpose Vehicles (SPVs) as wholly owned subsidiaries was incorporated by PFC Consulting Limited, a wholly owned subsidiary of the Corporation Limited. PFC Green Energy, a Wholly owned Subsidiary commenced operations in the month of March.In 2014, the corporation incorporated Two (2) wholly Owned Subsidiaries of Power Finance Corporation Ltd, Cheyyur Infra Ltd and Odisha Infrapower Ltd. The Corporation decided to extend a Rs 15,000-crore loan to the Andhra Pradesh government to improve power sector infrastructure facilities and was officially announced. During the year, The Securities and Exchange Board of India granted a certificate of registration as a Debenture Trustee to PFC Capital Advisory Services Limited, a wholly owned subsidiary of Power Finance Corporation Limited (PFC).In 2015, the corporation achieves MOU Targets of Financial Year 2014-15 for Sanctions and Disbursements. During the year, the Corporation incorporated Bihar Mega Power Limited as its wholly-owned subsidiary and also incorporated Jharkhand Infrapower Ltd as a wholly owned subsidiary of the corporation.On 27 July 2015, Government of India offloaded 6.6 crore equity shares, representing a 5% stake in Power Finance Corporation via Offer for Sale through the stock exchanges mechanism. After the stake-sale, Government of India's holding in PFC declined to 67.8% from 72.8%.On 21 April 2016, Power Finance Corporation informed the stock exchanges that Odisha Generation Phase-II Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited (wholly owned subsidiary of Power Finance Corporation Limited) established for development of common transmission system for phase-II generation projects in Odisha, has been transferred to M/s Sterlite Grid 3 Limited (the successful bidder).On 2 June 2016, Power Finance Corporation Ltd (PFC) announced that it has acquired 23.32% stake in Shree Maheshwar Hydel Power Corporation Limited (SMHPCL) upon invocation of shares pledged by SMHPCL's promoters and upon partial conversion of sub debt loan to SMHPCL. PFC decided to invoke the pledged shares following loan default from SMHPCL. PFC was one of the lenders to SMHPCL and had given loan of Rs 700 crore to SMHPCL along with guaranteeing Rs 400 crore to the bond holders of SMHPCL.On 6 July 2016, Power Finance Corporation Ltd informed the stock exchanges that Warora-Kurnool Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited (wholly owned subsidiary of Power Finance Corporation), established for development of Transmission System for Additional inter-Regional AC link for import into Southern Region i.e. Warora - Warangal and Chilakaluripeta - Hyderabad - KurnooI 765 kV link Common Transmission System has since been transferred to M/s Essel Infraprojects Limited (the successful bidder) on 6 July 2016.The Board of Directors of Power Finance Corporation Ltd at its meeting held on 14 July 2016 recommended issue of bonus shares in the ratio of 1:1.On 15 July 2016, Power Finance Corporation Ltd informed the stock exchanges that Gurgaon-Palwal Transmission Limited (a wholly owned subsidiary of PFC Consulting Limited) established for development of Transmission System for Creation of new 400 kV substations in Gurgaon area and Palwal area as a part of ISTS has since been transferred to M/s Sterlite Grid 4 Limited (the successful bidder) on 14 July 2016.On 7 December 2017, Power Finance Corporation (PFC) announced that it has successfully closed the deal for issuance of USD 400 million Green Senior Unsecured Notes offering at a fixed rate coupon of 3.75% from the international debt capital markets under Regulation S of the U.S. Securities Act of 1933 (as amended) on 6 December 2017 and completed the formalities for listing at Singapore Exchange (SGX-ST) and International Securities Market segment of the London Stock Exchange.Pursuant to the order of Ministry of Corporate Affairs dated February 5, 2019, PFC Capital Advisory Services Limited (PFCCAS, a wholly owned subsidiary of the Company) was amalgamated with PFC Consulting Limited, wholly owned subsidiary of the Company w.e.f. the appointed date i.e. April 1, 2018. Further, pursuant to the order of Ministry of Corporate Affairs dated February 7, 2019, PFC Green Energy Limited (PFCGEL, a wholly owned subsidiary of the Company) got amalgamated with the Company from the appointed date i.e. April 1, 2017.During the year 2018-19, the Company acquired 52.63% shareholding held by the President of India in REC Limited (REC) at Rs 139.5036 per share for a total cash consideration of Rs. 1,44,99,99,50,186/- on March 28, 2019. By virtue of this investment, the Company became the holding company of REC and REC became subsidiary of PFC. Further, since PFC acquired REC on March 28, 2019, the holding of REC in Energy Efficiency Services Limited (EESL) i.e. 21.70% which when combined with PFC's share in EESLi.e. 36.36% amounts to 58.06%. Accordingly, company has since become the holding company of EESL and EESL has become subsidiary of PFC.During FY 2018-19 Government of India (Gol) transferred 1,93,72,120 and 16,19,54,570 Equity Shares held in the Company, through the New Fund Offer, to the Asset Management Company (AMC) of Bharat 22 ETF and CPSE ETF respectively. Consequently, the Government of India's shareholding came down from 65.92% to 59.05% respectively.During FY 2018-19, Power Finance Corporation (PFC) acquired 103,93,99,343 Equity Shares of REC (representing 52.63% of the Share Capital of REC) and since then, became the Holding Company and also the Promoter of REC. Consequently, REC Transmission Projects Company Limited, REC Power Distribution Company Ltd, Koderma Transmission Limited, Mandar Transmission Limited, Dinchang Transmission Limited, Chandil Transmission Limited and Dumka Transmission Limited, the subsidiaries of REC as on March 31, 2020 became the subsidiaries of PFC.As on March 31, 2022, the Government of India's shareholding was 55.99%.As at March 31, 2023, outstanding loan balances of Solar & Wind energy projects funded by PFC are Rs 14,765 crore & Rs 13,442 crore respectively. The total capacity (MW) of outstanding Solar & Wind energy projects funded by PFC as on March 31, 2023 is 9,324 MW.On 25th August, 2022, PFC was granted the mandate by the Ministry of Power to extend lending support to the infrastructure and logistics sector. PFC has sanctioned loan of Rs 633 Crore to Blu Smart for the purchase of 5000 passenger Electric Vehicles (EVs). Further, PFC's funding of Rs 6,112 Crore to refinance 1,227 MW Solar and Wind Projects of JSW Energy Group underscores its commitment to sustainable energy.As on March 31, 2023, 49 SPVs have been established for ITPs by PFC / PFCCL. During year 2023, nine companies/ Independent Transmission Projects (ITPs)-SPVs were incorporated including, Siot Transmission Limited, Fatehgarh III Beawar Transmission Limited, Beawar Dausa Transmission Limited, Khandukhal Rampura Transmission Limited - Transferred, Fatehgarh III Transmission Limited, Bhadla III Transmission Limited, Fatehgarh IV Transmission Limited, Raipur Pool Dhamtari Transmission Limited - Transferred and Dharamjaigarh Transmission Limited -Transferred. Further during FY 2022-23, SPVs established for development of transmission projects transferred comprised of Khetri-Narela Transmission Limited, Khandukhal Rampura Transmission Limited, Kishtwar Transmission Limited, Bhadla-Sikar Transmission Limited, Raipur Pool Dhamtari Transmission Limited and Dharamjaigarh Transmission Limited.As at March 31, 2023, the Company along with its subsidiary RECL holds 33.13% stake in equity share capital of EESL (17.65% directly and 15.68% through its subsidiary RECL). As on March 31, 2023, PFC holds 24,55,00,000 Equity Shares of FV of Rs 10 each of Energy Efficiency Services Limited valued at Rs 158.08 crore.During 2023, PFC, through The United States Agency for International Development (USAID) launched South Asia Distribution Utilities Network (DUN), across Bhutan, Bangladesh, India, Maldives, Nepal and Sri Lanka for the reform and modernisation of the sector.As on March 31, 2023, PFC's Gross Loan assets comprised of Rs 48,198 crore in Renewable energy comprising Rs 16,251 crore of large hydro projects (>25MW) and Rs 31,947 crore other than large hydro projects.The Company diversified its business into Infrastructure and Logistics in 2023. In 2024-25, Company has established a foreign wholly-owned subsidiary namely PFC Infra Finance IFSC Limited on 11 February, 2024. With this, PFC became the first government NBFC to launch a finance company in the International Financial Services Centre (IFSC) at GIFT City, Gujarat.During the year 2025, Company has provided financial assistance to projects such as metro rail, petroleum refining, desalination plant and bio ethanol manufacturing. PFC increased its commissioned transmission projects and line lengths in FY 2025.

Chairman & Managing Director

Parminder Chopra

Registered office Urjanidhi No 1 Barakhamba Lane, Connaught Place, New Delhi, New Delhi, 110001

FAX :91-11-23456000

Background

Incorporation Year 1986

Face Value ₹10.00

Market Lot 1

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