Last 293.10 INR
Change Today -0.55 / -0.19%
Volume 2.4M
POWF On Other Exchanges
Symbol
Exchange
Natl India
OTC US
As of 6:06 AM 02/28/15 All times are local (Market data is delayed by at least 15 minutes).

power finance corporation (POWF) Snapshot

Open
296.00
Previous Close
293.65
Day High
297.45
Day Low
286.80
52 Week High
06/9/14 - 344.75
52 Week Low
03/3/14 - 157.60
Market Cap
386.9B
Average Volume 10 Days
2.4M
EPS TTM
41.38
Shares Outstanding
1.3B
EX-Date
03/4/15
P/E TM
7.1x
Dividend
8.70
Dividend Yield
3.07%
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, Chairman 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
Compensation as of Fiscal Year 2014.

power finance corporation (POWF) Key Developments

Power Finance Corporation Limited, Board Meeting, Feb 27, 2015

Power Finance Corporation Limited, Board Meeting, Feb 27, 2015. Agenda: To consider declaration of interim dividend for the financial year 2014-15; and to fix March 05, 2015 as the record date for the purpose of ascertaining the eligibility of the shareholders for payment of interim dividend.

Indian Government Reportedly Mulls Privatization Of Utility Corporation

Indian Government is seeking privatization of Power Finance Corporation Limited (BSE:532810) and Rural Electrification Corporation Limited (BSE:532955). “The government will likely sell stake in Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) next week as part of its FY 2015 disinvestment plan,” sources familiar with the matter told Financial Express on conditions of anonymity. The government aims to raise over INR 30 billion from both the deals. The government has proposed to sell approximately 66 million shares in REC which can fetch INR 16 billion based on current market price. In the case of PFC, the government will sell 66 million crore shares and may raise INR 18.5 billion to 19 billion. Sources said. “the government has completed all formalities for stake sale in PFC and REC - appointing merchant bankers, legal advisors, and conducting roadshows - that are required before launching the deal.“ "If the timing is opportune, the government will launch both issues next week. There is no point delaying it," said one person familiar with the matter.

Power Finance Corporation Limited, Q3 2015 Earnings Call, Feb 11, 2015

Power Finance Corporation Limited, Q3 2015 Earnings Call, Feb 11, 2015

 

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POWF:IN 293.10 INR -0.55

POWF Competitors

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Company Last Change
ICICI Bank Ltd 346.15 INR +10.90
IDFC Ltd 173.25 INR +1.05
Tourism Finance Corp of India Ltd 78.15 INR -3.05
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Industry Analysis

POWF

Industry Average

Valuation POWF Industry Range
Price/Earnings 5.9x
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow 5.9x
TEV/Sales -- Not Meaningful
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