Power Finance Corporation Ltd., established on July 16th, 1986, recognized as a Systemically Important Non-Deposit taking NBFC by the Reserve Bank of India, operates as an Infrastructure Finance Company. Its primary focus lies in providing financial support to the power sector in India.
PFC’s significance is instrumental in positioning India as a prominent global player. The assessment of a nation’s progress is now closely tied to its energy consumption. Given India’s substantial population and expanding economy, PFC’s role becomes even more crucial.
PFC’s expertise in project appraisal, financing, and risk management, combined with its extensive network of stakeholders and strategic partnerships, enables it to provide comprehensive and timely financial solutions to power sector stakeholders. By leveraging its financial resources and industry knowledge, PFC contributes significantly to the realization of India’s ambitious power infrastructure goals and supports the country’s energy security objectives.
This article aims to explore the share price target of Power Finance Corporation Ltd from 2023 to 2030, as well as analyze the viability of Power Finance Corporation Ltd as a promising stock to consider for investment.
LATEST NEWS ABOUT POWER FINANCE CORPORATION
- The Power Finance Corporation provides loans exceeding ₹1 billion to developers of solar projects.
- Power Finance Corporation will provide a sum of ₹2.31 crore to enhance the public health infrastructure in three villages.
- Power Finance Corporation has formed a Special Purpose Vehicle (SPV) dedicated to overseeing autonomous transmission projects.
HOW TO BUY POWER FINANCE CORPORATION SHARES ?
You can buy Power Finance Corporation shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF POWER FINANCE CORPORATION: 2023 TO 2030
SHARE PRICE TARGET 2023 OF POWER FINANCE CORPORATION
| When | Maximum Price | Minimum Price |
| July 2023 | ₹232.31 | ₹211.19 |
| August 2023 | ₹236.96 | ₹215.42 |
| September 2023 | ₹242.41 | ₹220.37 |
| October 2023 | ₹235.35 | ₹213.95 |
| November 2023 | ₹240.06 | ₹218.23 |
| December 2023 | ₹247.26 | ₹224.78 |
Power Finance Corporation, with a market capitalization of ₹58,306 Crores, is expected to see significant growth in its share price target in 2023.
The share price target for July ranges from a minimum of ₹211.19 to a maximum of ₹232.31. This implies a potential growth rate of approximately 10%.In August 2023, the share price target is estimated to range between ₹236.96 and ₹215.42, showing a further increase in value. September 2023 anticipates a maximum price of ₹242.41 and a minimum price of ₹220.37, reflecting continued growth. In October 2023, the share price is projected to be around ₹235.35 (maximum) and ₹213.95 (minimum), maintaining a positive trend. November 2023 expects a maximum price of ₹240.06 and a minimum price of ₹218.23, demonstrating ongoing growth. Finally, in December 2023, the share price target indicates a maximum of ₹247.26 and a minimum of ₹224.78, reflecting the potential for further appreciation.
These figures suggest a consistent upward trend in the share price, reflecting positive market sentiment. With a low stock P/E ratio of 3.66, Power Finance appears to be an attractive investment opportunity, offering potential returns to investors in the coming year.
SHARE PRICE TARGET 2024 OF POWER FINANCE CORPORATION
| When | Maximum Price | Minimum Price |
| January 2024 | ₹260.27 | ₹226.32 |
| February 2024 | ₹282.90 | ₹246.00 |
| March 2024 | ₹285.76 | ₹248.49 |
| April 2024 | ₹259.78 | ₹225.90 |
| May 2024 | ₹216.49 | ₹188.25 |
| June 2024 | ₹259.78 | ₹225.90 |
| July 2024 | ₹220.81 | ₹192.01 |
| August 2024 | ₹242.90 | ₹211.21 |
| September 2024 | ₹255.04 | ₹221.77 |
| October 2024 | ₹300.05 | ₹260.91 |
| November 2024 | ₹315.05 | ₹273.96 |
| December 2024 | ₹321.35 | ₹279.44 |
In 2024, Power Finance Corporation is anticipated to witness significant growth in its share price target, as evident from the provided data. The share price target for January is expected to fluctuate between ₹226.32 and ₹260.27, indicating a potential growth rate of around 15%. February 2024 anticipates a significant increase, with the share price target ranging between ₹282.90 (maximum) and ₹246.00 (minimum).
March 2024 maintains the upward trajectory, with the share price projected to be around ₹285.76 (maximum) and ₹248.49 (minimum). April 2024 reflects a slight dip, with the share price ranging between ₹259.78 (maximum) and ₹225.90 (minimum).
However, there appears to be a slight dip in May, where the target ranges from ₹188.25 to ₹216.49. This could be seen as a potential buying opportunity for investors. As the year advances, July’s target is expected to be between ₹192.01 and ₹220.81, while August’s target falls within ₹211.21 and ₹242.90.September 2024 continues the positive trajectory, with the share price target reaching a maximum of ₹255.04 and a minimum of ₹221.77. October 2024 shows significant growth, with a maximum price of ₹300.05 and a minimum price of ₹260.91. November 2024 follows suit, with a maximum price of ₹315.05 and a minimum price of ₹273.96.
Finally, December marks the year-end with the highest projected target of ₹279.44 to ₹321.35.
Overall, Power Finance Corporation’s share price target for 2024 displays a positive trajectory with expected growth rates ranging between 15% to 30%, making it an attractive investment prospect for investors seeking potential returns in the coming year.
SHARE PRICE TARGET 2025 OF POWER FINANCE CORPORATION
| When | Maximum Price | Minimum Price |
| January 2025 | ₹327.78 | ₹252.14 |
| February 2025 | ₹345.03 | ₹265.41 |
| March 2025 | ₹362.28 | ₹278.68 |
| April 2025 | ₹323.47 | ₹248.82 |
| May 2025 | ₹294.06 | ₹226.20 |
| June 2025 | ₹323.47 | ₹248.82 |
| July 2025 | ₹308.06 | ₹236.97 |
| August 2025 | ₹320.90 | ₹246.85 |
| September 2025 | ₹336.94 | ₹259.19 |
| October 2025 | ₹357.16 | ₹274.74 |
| November 2025 | ₹382.16 | ₹293.97 |
| December 2025 | ₹389.80 | ₹299.85 |
In January, the share price target is expected to range from ₹252.14 to ₹327.78, showcasing a potential growth rate of approximately 30%. February 2025 anticipates a further increase, with the share price target ranging between ₹345.03 (maximum) and ₹265.41 (minimum). March 2025 continues the upward trajectory, with the share price projected to be around ₹362.28 (maximum) and ₹278.68 (minimum), demonstrating sustained growth. April 2025 reflects a slight dip, with the share price ranging between ₹323.47 (maximum) and ₹248.82 (minimum).May 2025 shows a further decrease in the share price target, with a maximum of ₹294.06 and a minimum of ₹226.20.June 2025 mirrors the figures seen in April, with the share price ranging between ₹323.47 (maximum) and ₹248.82 (minimum)
As we progress into the second half of the year, July’s target is expected to fluctuate between ₹236.97 and ₹308.06, while August’s target falls within the range of ₹246.85 to ₹320.90. September’s target is estimated to range from ₹259.19 to ₹336.94, indicating sustained growth. October 2025 shows significant growth, with a maximum price of ₹357.16 and a minimum price of ₹274.74. November 2025 follows suit, with a maximum price of ₹382.16 and a minimum price of ₹293.97. The year concludes with a projected target of ₹299.85 to ₹389.80 in December.
Overall, Power Finance Corporation’s share price target for 2025 exhibits a positive trajectory, with growth rates ranging between 30% to 50%. This makes it an enticing investment prospect for investors seeking potential returns in the coming year.
POWER FINANCE CORPORATION SHARE PRICE PREDICTION 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹272.86 | ₹191.00 |
| 2027 | ₹231.93 | ₹162.35 |
| 2028 | ₹417.48 | ₹292.24 |
| 2029 | ₹857.57 | ₹600.30 |
| 2030 | ₹955.02 | ₹668.52 |
The share price of Power Finance Corporation is projected to exhibit significant fluctuations over the next few years. In 2026, the maximum share price is expected to reach ₹272.86, while the minimum price could drop to ₹191.00. This suggests a potential range of volatility within the market.
Moving forward to 2027, the share price is projected to experience a decrease, with a maximum of ₹231.93 and a minimum of ₹162.35.
However, in 2028, there is a significant increase in the share price, with a maximum of ₹417.48 and a minimum of ₹292.24. This implies substantial growth and presents an opportunity for investors.
In 2029, the share price target shows a remarkable surge, with a maximum of ₹857.57 and a minimum of ₹600.30. This signifies substantial growth and potentially high returns for investors.
Continuing the upward trend, 2030 anticipates a maximum share price of ₹955.02 and a minimum of ₹668.52. This reinforces the positive growth trajectory observed in the previous years.
FINANCIAL CONDITION OF POWER FINANCE CORPORATION :LAST 5 YEARS
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Revenue | 54,106 | 62,189 | 71,656 | 76,262 | 77,568 |
| Interest | 34,627 | 40,845 | 44,684 | 44,709 | 47,017 |
| Expenses | 1,696 | 7,332 | 7,102 | 8,215 | 4,061 |
| Financing Profit | 17,783 | 14,012 | 19,871 | 23,338 | 26,491 |
| Financing Margin % | 33% | 23% | 28% | 31% | 34% |
| Other Income | 94 | 105 | 46 | 79 | 57 |
| Depreciation | 15 | 24 | 25 | 35 | 52 |
| Profit before tax | 17,862 | 14,093 | 19,891 | 23,382 | 26,496 |
| Tax % | 29% | 33% | 21% | 20% | 20% |
| Net Profit | 12,640 | 9,477 | 15,716 | 18,768 | 21,179 |
| EPS in Rs | 37.58 | 26.98 | 44.5 | 53.08 | 60.19 |
| Dividend Payout % | 0% | 35% | 22% | 23% | 22% |
In 2019, the company generated a revenue of ₹54,106 crore, which increased to ₹62,189 crore in 2020, and further to ₹71,656 crore in 2021. The revenue continued to grow to ₹76,262 crore in 2022 and reached ₹77,568 crore in 2023.
The financing profit of Power Finance Corporation varied as well, with ₹17,783 crore in 2019, decreasing to ₹14,012 crore in 2020, and then increasing to ₹19,871 crore in 2021. In 2022, financing profit continued to grow, reaching ₹23,338 crore, and further increased to ₹26,491 crore in 2023.
The financing margin percentage also fluctuated over the years, with 33% in 2019, declining to 23% in 2020, and then increasing to 28% in 2021. In 2022, the margin percentage improved to 31%, and in 2023, it reached 34%.
Earnings per share (EPS) also showed an upward trend, with ₹37.58 in 2019 increasing to ₹60.19 in 2023.
Regarding dividend payouts, Power Finance Corporation did not distribute dividends in 2019, but started paying out dividends from 2020 onwards. The dividend payout percentage was 35% in 2020, 22% in 2021, 23% in 2022, and remained at 22% in 2023.
FAQS
WHAT HAS BEEN THE REVENUE TREND OF POWER FINANCE CORPORATION IN RECENT YEARS?
Power Finance Corporation has witnessed a consistent growth in revenue over the past few years. It increased from ₹54,106 in 2019 to ₹77,568 in 2023, reflecting a positive revenue trend.
HOW HAS THE EARNINGS PER SHARE (EPS) OF POWER FINANCE CORPORATION EVOLVED?
The EPS of Power Finance Corporation has demonstrated growth over the years. It increased from ₹37.58 in 2019 to ₹60.19 in 2023.
WHAT IS THE SHARE PRICE TARGET OF POWER FINANCE CORPORATION FOR 2025?
Power Finance share price might reach around ₹390 by the end of 2025.
WHAT IS THE SHARE PRICE TARGET OF POWER FINANCE CORPORATION FOR 2030?
Power Finance share price might reach around ₹955 by the end of 2030.
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CONCLUSION
Based on the data provided, Power Finance Corporation shows positive financial performance trends, including consistent revenue growth, improved profitability, and increasing earnings per share. With efficient expense management and a stable dividend payout policy, it presents an attractive investment opportunity.
The consistent growth in EPS implies that the company is generating higher earnings for each outstanding share. This is a positive sign for investors, as it indicates the potential for higher dividends and future growth. The company has started paying dividends and has shown a stable dividend payout percentage over the years. This demonstrates a commitment to sharing profits with shareholders and enhancing shareholder value.
However, it is important to note that investments are subject to market risks and individual financial goals. Considering the company’s track record and potential for continued growth, Power Finance Corporation appears to be a promising investment option.
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