Power Finance Corporation Limited (PFC) — Financial Results Announcement
📢 Key Event
PFC reported FY2026 net profit of ₹20,051 crores and proposed dividend of ₹3.95 per share.
🔄 What Changed
Net profit grew 16% YoY; dividend proposed at ₹3.95 per share; merger with REC under discussion with April 2027 target; AT&C losses reduced to 15.04%; foreign borrowing at USD 10.3 billion with 97% hedged.
🔮 What's Next
Target 10% loan growth in FY27; merger completion by April 1, 2027; 70:30 conventional:renewable capacity mix target; weighted average borrowing cost guided at 2.4%-2.5% for FY27; 65% of borrowings at fixed rates.
💡 Investor Takeaway
Shareholders benefit from strong profit growth, rising dividends, and strategic positioning in renewable energy with manageable debt costs.
Power Finance Corporation Limited reported a net profit of **₹20,051 crores** for FY2026, a 16% YoY increase, with a proposed dividend of **₹3.95 per share**. The company advanced its merger with REC, sanctioned INR 16,000 crores for renewable energy storage projects, and targeted 10% loan growth in FY27. Foreign borrowing stood at USD 10.3 billion with 97% hedged, while AT&C losses fell to 15.04%. The merger remains under discussion with a target completion by April 1, 2027.
📄 View Original Announcement (PDF)
About Power Finance Corporation Limited (PFC)
Financial Services · Finance · Listed on NSE
Market Cap: ₹1,47,102.04 Cr
P/E: 5.0
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.