Power Finance Corporation Ltd (PFC) — share price & stock analysis

Market cap

₹1,42,152 Cr

P/BV

1.07×

ROE

20.7%

vs own 10-yr valuation

75th pctile

Book value / share

₹403

EPS (TTM)

₹78.3

10-yr median P/BV

0.7×

Revenue (FY26)

₹1,15,444 Cr

Profit after tax (FY26)

₹33,625 Cr

Weinstein stage

Stage 2 (16 weeks)

Data as of

1 July 2026

2 of the 5 things we track are currently moving the right way — most of the dashboard is turning up.

Where the levels actually stand: ROE 21% — a genuinely good bank; GNPA 0.7% — clean book; the spread is near its 13-year high. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, lending and bad loans count double, and a quarter of the score comes from our earnings-recovery lens (is the profit cycle turning up off its trough?).

The market has pre-paid for growth that hasn’t arrived yet

Since Aug 2018, the stock is up 553% while earnings per share grew 287%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/BV of 1.1× means the market is paying up — this is the expensive end of its own history since 2018 (75th percentile).pb_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots (the window starts at the first stable snapshot — earlier IPO-era share-count revisions are excluded, since they are not earnings events); between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/BV — what the market pays per rupee of book value; the dotted line is its long-run median (0.7×).

An uptrend that has held for 16 weeks

Every stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 2: advancing, 16 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹415 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 25 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

10 of the last 12 years ended with profits higher — quiet, steady compounding

Over 12 years, income went from ₹21,407 Cr to ₹1,15,444 Cr (about 15% a year), and profit from ₹5,462 Cr to ₹33,625 Cr.revenuenet_profit

Margins took a round trip — down to 34.3% in FY20, back to 39.9% now. The profit growth survived the squeeze.revenue−interest_expense

Interest income fell 1% — the book is shrinking or repricing down

Mar 26 income was ₹28,920 Cr, down 1% on a year ago. A bank grows by lending more and charging well — this line is both together.revenue

Deposits are getting expensive — the spread is compressing

Of every ₹100 of interest the bank earns, ₹60 goes straight out as interest on deposits and borrowings. It keeps ₹40 — down 3 points from a year ago.revenueinterest_expense

Bad loans are healing — from a worst of 3.5% (Jun 23) to 0.7%

₹0.7 of every ₹100 lent is currently stuck with borrowers who’ve stopped paying — down from ₹3.5 at the Jun 23 worst. After the money already set aside, the true exposure is 0.1%.gross_npa_pctnet_npa_pct

Falling bad loans do double duty: less money set aside for losses flows straight back into profit — and the profit bridge this year shows exactly that. The tailwind eventually runs out; the loan book has to take over.gross_npa_pctnet_profit

Profit is flat

Mar 26 profit was ₹8,598 Cr, up 3% on last year — earnings per share of ₹21.21.net_profiteps

You are paying near the top of its own range

Today you pay ₹1.07 for every ₹1 of book value, against a long-run median of ₹0.70. It has traded cheaper than this only 75% of the time since 2016.pb_ratio

The owners aren’t moving

Promoters hold 56.0%, essentially unchanged. Foreign funds own 19.6%, domestic funds 15.1%.promoters_pctfiis_pctdiis_pct

Institutions buying while the story develops is the market’s quiet vote of confidence — they meet management, you don’t.

Meanwhile domestic funds have been the sellers — from 18.1% to 15.1% over the window. Someone on the other side of the table disagrees; both sides count.diis_pct

A good business — the question is the price

The numbers are genuinely mixed, and the price already assumes the good news continues.

Best thing in the data: bad loans improving (1.6% → 0.7%).gross_npa_pct

Biggest worry: domestic-fund holding falling (16.2% → 15.1%).diis_pct

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data