Cash flow Power Finance Corporation Limited

Equities

PFC

INE134E01011

Corporate Financial Services

Delayed NSE India S.E. Other stock markets 02:30:08 2024-09-16 am EDT			5-day change	1st Jan Change
491.50 ^INR	-1.60%		-6.10%	+28.50%

Aug. 22	Power Finance Corporation Limited Approves Final Dividend for the Financial Year 2023-24	CI
Aug. 06	Power Finance's Consolidated Profit Jumps in Fiscal Q1	MT

8b.QdrqsGnvMG2OxLXozDe6N9KC9jJiPzwb5a6nSaFajI8.JI2L1gzdQTr_qvKvowSIVrX2uWMAWg5Mo5bpEe00_f0Fto_DHN99Kuay0g

Published financial data: POWER FINANCE CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Interest and Dividend Income, Total	617B	709B	750B	766B	902B
Interest Expense, Total	405B	434B	426B	444B	556B
Net Interest Income	212B	276B	323B	322B	346B
Commission and Fees	1.62B	4.9B	10.7B	5.49B	3.41B
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	3.79B	2.76B	3.04B	4.76B	6.56B
Revenues Before Provison For Loan Losses	217B	283B	337B	332B	356B
Provision For Loan Losses	17.9B	59.8B	56.52B	-1.54B	-15.51B
Total Revenues	199B	224B	280B	334B	371B
Salaries And Other Employee Benefits	3.93B	3.63B	3.96B	4.25B	4.77B
Cost of Services Provided, Total	5.23B	5.36B	5.55B	6B	7.89B
Depreciation & Amortization - (IS) - (Collected)	244M	255M	348M	518M	534M
Other Operating Expenses	-1.14B	14.34B	19.19B	26.27B	24.35B
Total Operating Expenses	8.26B	23.58B	29.05B	37.04B	37.55B
Operating Income	191B	200B	251B	297B	334B
Income (Loss) on Equity Invest.	214M	62.4M	-224M	100K	-1.8M
Currency Exchange Gains (Loss)	-49.91B	-1.66B	-17.05B	-30.89B	465M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	142B	198B	234B	266B	334B
Gain (Loss) on Sale of Investments	-571M	502M	-351M	-767M	1.74B
Gain (Loss) on Sale of Assets	-	-	-	-96.6M	-91.7M
Asset Writedown	-26.5M	-51.5M	-38.8M	-	-
Other Unusual Items	4.8M	1.5M	125M	17.2M	240M
EBT, Incl. Unusual Items	141B	199B	234B	265B	336B
Income Tax Expense	46.15B	41.75B	46.14B	53.17B	71.27B
Earnings From Continuing Operations	94.77B	157B	188B	212B	265B
Net Income to Company	94.77B	157B	188B	212B	265B
Minority Interest	-23.55B	-39.68B	-47.53B	-52.89B	-67B
Net Income - (IS)	71.22B	117B	140B	159B	198B
Net Income to Common Incl Extra Items	71.22B	117B	140B	159B	198B
Net Income to Common Excl. Extra Items	71.22B	117B	140B	159B	198B
Per Share Items
Net EPS - Basic	21.58	35.6	42.47	48.15	59.88
Basic EPS - Continuing Operations	21.58	35.6	42.47	48.15	59.88
Basic Weighted Average Shares Outstanding	3.3B	3.3B	3.3B	3.3B	3.3B
Net EPS - Diluted	21.58	35.6	42.47	48.15	59.88
Diluted EPS - Continuing Operations	21.58	35.6	42.47	48.15	59.88
Diluted Weighted Average Shares Outstanding	3.3B	3.3B	3.3B	3.3B	3.3B
Normalized Basic EPS	19.67	25.56	29.93	34.31	42.95
Normalized Diluted EPS	19.67	25.56	29.93	34.31	42.95
Dividend Per Share	7.6	8	9.6	10.6	13.5
Payout Ratio	49.63	26.75	32.49	26.2	31.35
Supplemental Items
Total Revenues (As Reported)	623B	717B	763B	776B	912B
Effective Tax Rate - (Ratio)	32.75	20.99	19.73	20.07	21.22
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	30.88B	57.24B	54.62B	49.21B	63.58B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	15.27B	-15.49B	-8.48B	3.97B	7.69B
Normalized Net Income	64.9B	84.35B	98.77B	113B	142B
Non-Cash Pension Expense	-3.9M	800K	1.9M	20M	1M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	19.05B	49.28B	9.14B	1.28B	3.39B
Long-Term Investments - (FS Template)	46.11B	36.2B	39.02B	60.84B	96.97B
Trading Asset Securities, Total	51.82B	35.63B	85.91B	138B	183B
Loans and Lease Receivables - (FS Template)	6,733B	7,519B	7,624B	8,624B	9,987B
Other Receivables	19.88B	15.35B	15.06B	3.51B	2.67B
Gross Property Plant And Equipment	6.21B	7.76B	8.89B	9.4B	9.7B
Accumulated Depreciation	-1.05B	-1.06B	-1.21B	-1.48B	-1.78B
Net Property Plant And Equipment	5.16B	6.71B	7.68B	7.91B	7.92B
Other Intangibles, Total	100M	71.6M	44.1M	129M	117M
Restricted Cash	4B	8.57B	12.92B	17.63B	13.67B
Other Current Assets, Total	14.4B	19.89B	41.44B	32.07B	31.11B
Deferred Tax Assets Long-Term (Collected)	50.05B	64.61B	73.15B	73.4B	60.56B
Deferred Charges Long-Term	621M	615M	586M	595M	685M
Other Long-Term Assets, Total	1.05B	1.38B	1.46B	1.65B	1.78B
Total Assets	6,945B	7,757B	7,910B	8,961B	10,389B
Liabilities
Accounts Payable, Total	532M	704M	498M	509M	1.11B
Accrued Expenses, Total	2.14B	2.92B	3.51B	4.35B	6.06B
Short-Term Borrowings	96.44B	146B	20.67B	86.73B	200B
Current Portion of Long-Term Debt	-	-	995B	1,350B	1,284B
Current Portion of Leases	-	15.2M	37.2M	37.2M	39.1M
Long-Term Debt	5,889B	6,466B	5,596B	6,086B	7,202B
Long-Term Leases	140M	79.1M	154M	133M	108M
Current Income Taxes Payable	674M	1.41B	2.19B	1.33B	675M
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	97.4M	105M	128M	132M	5.74B
Unearned Revenue Non Current	17.97B	13.47B	13.91B	1.61B	740M
Pension & Other Post Retirement Benefits	27.6M	17.9M	3.7M	37M	13.5M
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	276B	308B	314B	310B	345B
Total Liabilities	6,284B	6,939B	6,947B	7,841B	9,046B
Common Stock, Total	26.4B	26.4B	26.4B	26.4B	33B
Additional Paid In Capital	39.54B	39.54B	39.54B	36.07B	29.46B
Retained Earnings	592B	689B	796B	928B	1,079B
Comprehensive Income and Other	-164B	-148B	-145B	-149B	-130B
Total Common Equity	494B	608B	717B	842B	1,011B
Minority Interest	168B	210B	246B	278B	331B
Total Equity	662B	818B	963B	1,120B	1,343B
Total Liabilities And Equity	6,945B	7,757B	7,910B	8,961B	10,389B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.3B	3.3B	3.3B	3.3B	3.3B
ECS Total Common Shares Outstanding	3.3B	3.3B	3.3B	3.3B	3.3B
Book Value / Share	149.69	184.14	217.19	255.02	306.5
Tangible Book Value	494B	608B	717B	841B	1,011B
Tangible Book Value Per Share	149.66	184.12	217.18	254.98	306.46
Total Debt	5,986B	6,613B	6,613B	7,523B	8,686B
Debt Equivalent of Unfunded Proj. Benefit Obligation	41.1M	39.8M	3.7M	38M	13.5M
Net Debt	5,915B	6,528B	6,518B	7,384B	8,500B
Equity Method Investments, Total	5.5B	5.48B	5M	5.1M	3.3M
Full Time Employees	484	483	501	519	545

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	71.22B	117B	140B	159B	198B
Depreciation, Depletion & Amortization	201M	224M	318M	490M	523M
Total Depreciation, Depletion & Amortization	201M	224M	318M	490M	523M
Amortization of Deferred Charges, Total	43.2M	30.1M	30M	27.5M	11.3M
(Gain) Loss On Sale of Asset - (CF)	-	-	-205M	-40.5M	-14.1M
(Gain) Loss on Sale of Investments - (CF)	19.08B	59.43B	56.95B	-1.54B	-86.2M
Total Asset Writedown	-6.55B	-236M	-3.44B	-1.05B	-3.53B
Provision for Credit Losses	-	-	-	-	-15.42B
(Income) Loss On Equity Investments - (CF)	-214M	-62.4M	224M	-100K	1.8M
Change in Other Net Operating Assets (Collected)	-603B	-812B	-211B	-1,011B	-1,221B
Other Operating Activities	92.46B	43.28B	32.88B	107B	64.04B
Cash from Operations	-427B	-591B	16.32B	-747B	-978B
Capital Expenditure	-1.31B	-1.15B	-1.25B	-1.23B	-3.24B
Sale of Property, Plant, and Equipment	10.2M	9.7M	317M	49.2M	19.6M
Cash Acquisitions	-	-	-	-	-
Purchase / Sale of Intangible Assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	66.2M	18.55B	-2.73B	-15.76B	-30.87B
Other Investing Activities, Total	5.93B	-	-	-	-
Cash from Investing	4.7B	17.41B	-3.67B	-16.94B	-34.09B
Short Term Debt Issued, Total	-	62.71B	-	-	-
Long-Term Debt Issued, Total	715B	567B	451B	797B	1,107B
Total Debt Issued	715B	630B	451B	797B	1,107B
Short Term Debt Repaid, Total	-238B	-	-124B	-	-1.36B
Long-Term Debt Repaid, Total	-14.1M	-7.3M	-335B	-214M	-31.13B
Total Debt Repaid	-238B	-7.3M	-459B	-214M	-32.49B
Issuance of Common Stock	-	5.57B	-	-	-
Common Dividends Paid	-35.35B	-31.42B	-45.54B	-41.63B	-61.95B
Common & Preferred Stock Dividends Paid	-35.35B	-31.42B	-45.54B	-41.63B	-61.95B
Other Financing Activities, Total	-7.26B	4.2M	15.6M	-5.4M	-7.8M
Cash from Financing	434B	604B	-52.79B	755B	1,013B
Net Change in Cash	11.79B	30.23B	-40.14B	-8.74B	319M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	40.36B	50.75B	53.41B	50.99B	63.66B
Net Debt Issued / Repaid	477B	630B	-7.27B	797B	1,075B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.43	2.14	2.4	2.51	2.74
Return On Equity %	14.62	21.24	21.08	20.34	21.49
Return on Common Equity	14.76	21.33	21.16	20.39	21.33
Margin Analysis
Gross Profit Margin %	99.3	99.36	99.49	99.61	99.32
SG&A Margin	3.89	3.38	2.89	2.68	2.74
Income From Continuing Operations Margin %	47.51	70.28	66.93	63.46	71.31
Net Income Margin %	35.7	52.53	49.98	47.61	53.25
Net Avail. For Common Margin %	35.7	52.53	49.98	47.61	53.25
Normalized Net Income Margin	32.53	37.72	35.22	33.93	38.2
Asset Turnover
Asset Turnover	0.03	0.03	0.04	0.04	0.04
Short Term Liquidity
Current Ratio	68.5	50.57	7.62	6.11	6.82
Quick Ratio	68.32	50.38	7.56	6.08	6.79
Operating Cash Flow to Current Liabilities	-4.27	-3.91	0.02	-0.52	-0.65
Long Term Solvency
Total Debt/Equity	904.66	808.47	686.86	671.8	646.84
Total Debt / Total Capital	90.05	88.99	87.29	87.04	86.61
LT Debt/Equity	890.09	790.61	581.31	543.5	536.32
Long-Term Debt / Total Capital	88.6	87.03	73.88	70.42	71.81
Total Liabilities / Total Assets	90.47	89.46	87.83	87.5	87.07
Tier 1 Capital Ratio %	12.45	15.46	20	21.61	23.18
Total Capital Ratio %	16.96	18.83	23.48	24.37	25.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.29	12.57	25.39	19.2	11.19
Gross Profit, 1 Yr. Growth %	-1.28	12.64	25.59	19.34	10.87
Earnings From Cont. Operations, 1 Yr. Growth %	-25.02	65.83	19.42	12.84	24.94
Net Income, 1 Yr. Growth %	-28.21	64.95	19.3	13.38	24.37
Normalized Net Income, 1 Yr. Growth %	-23.1	31	17.1	14.65	25.18
Diluted EPS Before Extra, 1 Yr. Growth %	-28.21	64.95	19.3	13.38	24.37
Common Equity, 1 Yr. Growth %	4.84	23.01	17.95	17.41	20.19
Total Assets, 1 Yr. Growth %	10.44	11.69	1.97	13.29	15.93
Tangible Book Value, 1 Yr. Growth %	4.84	23.02	17.96	17.4	20.19
Cash From Operations, 1 Yr. Growth %	-46.81	40.32	-102.76	-1.62K	30.92
Capital Expenditures, 1 Yr. Growth %	31.23	-12.03	9.08	-59.88	163.79
Dividend Per Share, 1 Yr. Growth %	-	5.26	20	10.42	27.36
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	20.86	5.2	18.81	22.16	15.13
Gross Profit, 2 Yr. CAGR %	21.22	5.23	18.92	22.33	15.03
Earnings From Cont. Operations, 2 Yr. CAGR %	3.8	11.51	40.72	16.08	18.74
Net Income, 2 Yr. CAGR %	3.19	8.82	40.28	16.3	18.74
Normalized Net Income, 2 Yr. CAGR %	11.16	-0.03	23.85	15.86	19.8
Diluted EPS Before Extra, 2 Yr. CAGR %	3.19	8.82	40.28	16.3	18.74
Common Equity, 2 Yr. CAGR %	11.36	13.56	20.46	17.68	18.79
Total Assets, 2 Yr. CAGR %	15.29	11.06	6.72	7.48	14.6
Tangible Book Value, 2 Yr. CAGR %	11.36	13.57	20.46	17.68	18.79
Cash From Operations, 2 Yr. CAGR %	-13.57	-14.15	-80.32	12.38	346.6
Capital Expenditures, 2 Yr. CAGR %	20.58	7.44	-2.04	3.42	2.87
Dividend Per Share, 2 Yr. CAGR %	10.36	-	12.39	15.11	18.59
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	48.15	17.87	11.54	18.88	18.39
Gross Profit, 3 Yr. CAGR %	47.85	18.13	11.61	19	18.39
Earnings From Cont. Operations, 3 Yr. CAGR %	61.83	21.34	14.08	30.74	18.97
Net Income, 3 Yr. CAGR %	47.13	20.65	12.2	30.67