Power Finance Corporation Ltd.
•₹ 363-0.22%
2026-08-21
PROS
- Comfortable capital adequacy - CAR of 23.4%
- Solid return on assets for a lender - ROA of 3.4%
- Company has a good return on equity (ROE) track record: 3 Years ROE 20.2%
- Asset quality is healthy - gross NPA of just 1.8%
- Company has been maintaining a healthy dividend payout of 30.5%
CONS
- Company has a low return on capital employed of 9.8%
- Free cash flow has been persistently negative
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PFC | 376.00 | 4.76 | 124083.83 | 4.93 | 8997.92 | 0.18 | 28526.86 | 0.32 | 10.05 | 99.88 |
| 2. | IRFC | 85.10 | 0.00 | 111212.99 | 2.47 | 1927.21 | 10.40 | 8261.11 | 451.73 | 5.64 | 99.49 |
| 3. | RECLTD | 337.35 | 5.54 | 88831.81 | 5.50 | 4192.76 | -6.11 | 14434.92 | -1.51 | 9.71 | 96.90 |
| 4. | IFCI | 81.60 | 126.04 | 21985.60 | 0.00 | 60.27 | -3.46 | 327.06 | 4.79 | 11.51 | 57.66 |
| 5. | TFCILTD | 131.50 | 71.22 | 6088.15 | 0.46 | 18.38 | -8.25 | 51.00 | -17.46 | 11.13 | 90.10 |
| 6. | SATIN | 224.35 | 6.05 | 2478.42 | 0.00 | 122.65 | 171.94 | 762.14 | 7.70 | 12.15 | 62.96 |
| 7. | TRU | 4.35 | 0.00 | 51.70 | 0.00 | -10.58 | -16.29 | 11.27 | -62.55 | 3.48 | -79.12 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,139 | 11,787 | 11,852 | 12,244 | 11,910 | 13,207 | 13,044 | 14,939 | 13,773 | 14,756 | 14,656 | 15,319 | 13,993 | |
| -153 | 36 | 526 | -34 | -127 | 256 | 245 | 1,042 | -11 | 1,027 | 366 | -824 | 8,082 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 1 | 2 | 5 | 6 | 9 | 9 | 5 | 3 | 1 | 5 | 29 | 2 |
| Interest | 6,621 | 6,963 | 7,174 | 7,258 | 7,500 | 7,502 | 7,722 | 7,794 | 8,270 | 8,183 | 8,329 | 8,403 | 8,503 |
| Depreciation | 4 | 4 | 5 | 6 | 4 | 4 | 5 | 6 | 5 | 6 | 8 | 6 | 9 |
| 3,671 | 4,785 | 4,150 | 5,020 | 4,539 | 5,452 | 5,079 | 6,101 | 5,513 | 5,540 | 5,957 | 7,764 | 5,913 | |
| Tax % | 18.09% | 19.60% | 18.61% | 17.62% | 18.10% | 19.85% | 18.20% | 16.26% | 18.35% | 19.46% | 20.04% | 18.54% | 19.75% |
| Net Profit | 3,007 | 3,847 | 3,377 | 4,135 | 3,718 | 4,370 | 4,155 | 5,109 | 4,502 | 4,462 | 4,763 | 6,325 | 4,745 |
| 9 | 12 | 10 | 13 | 11 | 13 | 13 | 15 | 14 | 14 | 14 | 19 | 1 | |
| Equity Capital | 2,640 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 2,640 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 10,139
- -153
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6,621
- Depreciation
- 4
- 3,671
- Tax %
- 18.09%
- Net Profit
- 3,007
- 9
- Equity Capital
- 2,640
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,640
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 11,787
- 36
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6,963
- Depreciation
- 4
- 4,785
- Tax %
- 19.60%
- Net Profit
- 3,847
- 12
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 11,852
- 526
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 7,174
- Depreciation
- 5
- 4,150
- Tax %
- 18.61%
- Net Profit
- 3,377
- 10
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 12,244
- -34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7,258
- Depreciation
- 6
- 5,020
- Tax %
- 17.62%
- Net Profit
- 4,135
- 13
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 11,910
- -127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 7,500
- Depreciation
- 4
- 4,539
- Tax %
- 18.10%
- Net Profit
- 3,718
- 11
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 13,207
- 256
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 7,502
- Depreciation
- 4
- 5,452
- Tax %
- 19.85%
- Net Profit
- 4,370
- 13
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 13,044
- 245
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 7,722
- Depreciation
- 5
- 5,079
- Tax %
- 18.20%
- Net Profit
- 4,155
- 13
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 14,939
- 1,042
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7,794
- Depreciation
- 6
- 6,101
- Tax %
- 16.26%
- Net Profit
- 5,109
- 15
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 13,773
- -11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8,270
- Depreciation
- 5
- 5,513
- Tax %
- 18.35%
- Net Profit
- 4,502
- 14
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 14,756
- 1,027
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8,183
- Depreciation
- 6
- 5,540
- Tax %
- 19.46%
- Net Profit
- 4,462
- 14
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 14,656
- 366
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 8,329
- Depreciation
- 8
- 5,957
- Tax %
- 20.04%
- Net Profit
- 4,763
- 14
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 15,319
- -824
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 8,403
- Depreciation
- 6
- 7,764
- Tax %
- 18.54%
- Net Profit
- 6,325
- 19
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 13,993
- 8,082
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8,503
- Depreciation
- 9
- 5,913
- Tax %
- 19.75%
- Net Profit
- 4,745
- 1
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 3,300
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 26,908 | 25,976 | 28,749 | 33,363 | 37,745 | 38,545 | 39,652 | 46,022 | 53,099 | 58,504 | 58,723 | |
| 5,517 | 3,186 | 962 | 4,020 | 5,183 | 3,718 | 2,669 | 933 | 1,661 | 2,623 | 8,651 | |
| Operating Profit | 21,750 | 22,808 | 28,811 | 30,056 | 33,414 | 34,913 | 37,473 | 45,680 | 51,721 | 57,976 | — |
| OPM % | 81 | 88 | 100 | 90 | 89 | 91 | 95 | 99 | 97 | 99 | — |
| Other Income | 360 | 18 | 1,025 | 713 | 853 | 86 | 490 | 590 | 283 | 2,096 | 37 |
| Interest | 16,635 | 16,957 | 18,989 | 21,855 | 23,196 | 22,672 | 23,284 | 28,035 | 30,529 | 33,178 | 33,419 |
| Depreciation | 6 | 6 | 6 | 9 | 11 | 13 | 19 | 18 | 20 | 24 | 28 |
| 5,110 | 5,845 | 9,816 | 8,193 | 10,207 | 12,228 | 14,171 | 17,626 | 21,172 | 24,774 | 25,174 | |
| Tax % | 58 | 25 | 29 | 31 | 17 | 18 | 18 | 18 | 18 | 19 | 19 |
| Net Profit | 2,126 | 4,387 | 6,953 | 5,655 | 8,444 | 10,022 | 11,605 | 14,367 | 17,352 | 20,051 | 20,295 |
| EPS | 8 | 17 | 26 | 21 | 32 | 38 | 35 | 44 | 53 | 61 | — |
| Dividend Payout % | 62 | 47 | 0 | 44 | 31 | 32 | 30 | 31 | 30 | 31 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 13 | 21 | 17 | 26 | 30 | 35 | 44 | 53 | 61 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 13 | 21 | 17 | 26 | 30 | 35 | 44 | 53 | 61 | — |
Mar 2017
- 26,908
- 5,517
- Operating Profit
- 21,750
- OPM %
- 81
- Other Income
- 360
- Interest
- 16,635
- Depreciation
- 6
- 5,110
- Tax %
- 58
- Net Profit
- 2,126
- EPS
- 8
- Dividend Payout %
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 25,976
- 3,186
- Operating Profit
- 22,808
- OPM %
- 88
- Other Income
- 18
- Interest
- 16,957
- Depreciation
- 6
- 5,845
- Tax %
- 25
- Net Profit
- 4,387
- EPS
- 17
- Dividend Payout %
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2019
- 28,749
- 962
- Operating Profit
- 28,811
- OPM %
- 100
- Other Income
- 1,025
- Interest
- 18,989
- Depreciation
- 6
- 9,816
- Tax %
- 29
- Net Profit
- 6,953
- EPS
- 26
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2020
- 33,363
- 4,020
- Operating Profit
- 30,056
- OPM %
- 90
- Other Income
- 713
- Interest
- 21,855
- Depreciation
- 9
- 8,193
- Tax %
- 31
- Net Profit
- 5,655
- EPS
- 21
- Dividend Payout %
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2021
- 37,745
- 5,183
- Operating Profit
- 33,414
- OPM %
- 89
- Other Income
- 853
- Interest
- 23,196
- Depreciation
- 11
- 10,207
- Tax %
- 17
- Net Profit
- 8,444
- EPS
- 32
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2022
- 38,545
- 3,718
- Operating Profit
- 34,913
- OPM %
- 91
- Other Income
- 86
- Interest
- 22,672
- Depreciation
- 13
- 12,228
- Tax %
- 18
- Net Profit
- 10,022
- EPS
- 38
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2023
- 39,652
- 2,669
- Operating Profit
- 37,473
- OPM %
- 95
- Other Income
- 490
- Interest
- 23,284
- Depreciation
- 19
- 14,171
- Tax %
- 18
- Net Profit
- 11,605
- EPS
- 35
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2024
- 46,022
- 933
- Operating Profit
- 45,680
- OPM %
- 99
- Other Income
- 590
- Interest
- 28,035
- Depreciation
- 18
- 17,626
- Tax %
- 18
- Net Profit
- 14,367
- EPS
- 44
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
Mar 2025
- 53,099
- 1,661
- Operating Profit
- 51,721
- OPM %
- 97
- Other Income
- 283
- Interest
- 30,529
- Depreciation
- 20
- 21,172
- Tax %
- 18
- Net Profit
- 17,352
- EPS
- 53
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 53
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 53
Mar 2026
- 58,504
- 2,623
- Operating Profit
- 57,976
- OPM %
- 99
- Other Income
- 2,096
- Interest
- 33,178
- Depreciation
- 24
- 24,774
- Tax %
- 19
- Net Profit
- 20,051
- EPS
- 61
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 61
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 61
TTM
- 58,723
- 8,651
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 33,419
- Depreciation
- 28
- 25,174
- Tax %
- 19
- Net Profit
- 20,295
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 9%
- 3 Years:
- 14%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- 19%
- 3 Years:
- 20%
STOCK PRICE CAGR
- 10 Years:
- 14%
- 5 Years:
- 30%
- 3 Years:
- 19%
- 1 Year:
- -10%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 19%
- 3 Years:
- 20%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 2,640 | 2,640 | 2,640 | 2,640 | 2,640 | 2,640 | 2,640 | 3,300 | 3,300 | 3,300 |
| 33,830 | 34,316 | 40,648 | 42,524 | 49,753 | 56,710 | 65,562 | 75,903 | 87,637 | 99,232 | |
| 2,404 | 13,811 | 10,189 | 1,834 | 2,888 | -230 | 3,684 | 50,226 | 58,862 | 83,691 | |
| Trade Payables | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 12 | 8 | 25 |
| 2,19,587 | 2,24,594 | 2,87,188 | 3,11,837 | 3,32,806 | 3,31,138 | 3,68,901 | 3,72,584 | 4,25,019 | 4,28,908 | |
| Total Liabilities | 2,58,461 | 2,75,361 | 3,40,665 | 3,58,835 | 3,88,087 | 3,90,258 | 4,40,800 | 5,02,026 | 5,74,826 | 6,15,156 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 63 | 27 | 28 | 68 | 73 | 80 | 78 | 76 | 85 | 99 | |
| 3,591 | 2,520 | 16,586 | 16,473 | 15,974 | 16,084 | 17,304 | 20,220 | 20,720 | 20,718 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 3,573 | 553 | 14,201 | 199 | 4,762 | 3,961 | 1,618 | 222 | 6,758 | 2,261 |
| 2,51,235 | 2,72,261 | 3,09,850 | 3,42,095 | 3,67,279 | 3,70,133 | 4,21,799 | 4,81,508 | 5,47,263 | 5,92,077 | |
| Total Assets | 2,58,461 | 2,75,361 | 3,40,665 | 3,58,835 | 3,88,087 | 3,90,258 | 4,40,800 | 5,02,026 | 5,74,826 | 6,15,156 |
| Total Debt | 2,02,588 | 2,29,256 | 2,88,146 | 3,02,982 | 3,24,706 | 3,19,746 | 3,62,188 | 4,16,394 | 4,75,515 | 4,97,778 |
| Net Working Capital | 12,138 | -12,406 | -1,829 | -6,936 | -5,272 | -1,130 | -4,549 | -49,491 | -53,660 | -84,950 |
| Contingent Liabilities | 1,949 | 2,102 | 1,424 | 1,409 | 4,092 | 7,210 | 2,599 | 1,815 | 1,696 | 2,303 |
| Book Value per Share | 138.14 | 139.98 | 163.96 | 171.07 | 198.45 | 224.80 | 258.33 | 240.00 | 275.56 | 310.69 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 2,02,588 | 2,29,256 | 2,88,146 | 3,02,982 | 3,24,706 | 3,19,746 | 3,62,188 | 4,16,394 | 4,75,515 | 4,97,778 |
| Net Working Capital | 12,138 | -12,406 | -1,829 | -6,936 | -5,272 | -1,130 | -4,549 | -49,491 | -53,660 | -84,950 |
| Contingent Liabilities | 1,949 | 2,102 | 1,424 | 1,409 | 4,092 | 7,210 | 2,599 | 1,815 | 1,696 | 2,303 |
| Book Value per Share | 138.14 | 139.98 | 163.96 | 171.07 | 198.45 | 224.80 | 258.33 | 240.00 | 275.56 | 310.69 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 2,640
- 33,830
- 2,404
- Trade Payables
- 0
- 2,19,587
- Total Liabilities
- 2,58,461
- 63
- 3,591
- 0
- Cash & Bank
- 3,573
- 2,51,235
- Total Assets
- 2,58,461
- Total Debt
- 2,02,588
- Net Working Capital
- 12,138
- Contingent Liabilities
- 1,949
- Book Value per Share
- 138.14
- Face Value
- 10.00
- Total Debt
- 2,02,588
- Net Working Capital
- 12,138
- Contingent Liabilities
- 1,949
- Book Value per Share
- 138.14
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 2,640
- 34,316
- 13,811
- Trade Payables
- 0
- 2,24,594
- Total Liabilities
- 2,75,361
- 27
- 2,520
- 0
- Cash & Bank
- 553
- 2,72,261
- Total Assets
- 2,75,361
- Total Debt
- 2,29,256
- Net Working Capital
- -12,406
- Contingent Liabilities
- 2,102
- Book Value per Share
- 139.98
- Face Value
- 10.00
- Total Debt
- 2,29,256
- Net Working Capital
- -12,406
- Contingent Liabilities
- 2,102
- Book Value per Share
- 139.98
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 2,640
- 40,648
- 10,189
- Trade Payables
- 0
- 2,87,188
- Total Liabilities
- 3,40,665
- 28
- 16,586
- 0
- Cash & Bank
- 14,201
- 3,09,850
- Total Assets
- 3,40,665
- Total Debt
- 2,88,146
- Net Working Capital
- -1,829
- Contingent Liabilities
- 1,424
- Book Value per Share
- 163.96
- Face Value
- 10.00
- Total Debt
- 2,88,146
- Net Working Capital
- -1,829
- Contingent Liabilities
- 1,424
- Book Value per Share
- 163.96
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 2,640
- 42,524
- 1,834
- Trade Payables
- 0
- 3,11,837
- Total Liabilities
- 3,58,835
- 68
- 16,473
- 0
- Cash & Bank
- 199
- 3,42,095
- Total Assets
- 3,58,835
- Total Debt
- 3,02,982
- Net Working Capital
- -6,936
- Contingent Liabilities
- 1,409
- Book Value per Share
- 171.07
- Face Value
- 10.00
- Total Debt
- 3,02,982
- Net Working Capital
- -6,936
- Contingent Liabilities
- 1,409
- Book Value per Share
- 171.07
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 2,640
- 49,753
- 2,888
- Trade Payables
- 0
- 3,32,806
- Total Liabilities
- 3,88,087
- 73
- 15,974
- 0
- Cash & Bank
- 4,762
- 3,67,279
- Total Assets
- 3,88,087
- Total Debt
- 3,24,706
- Net Working Capital
- -5,272
- Contingent Liabilities
- 4,092
- Book Value per Share
- 198.45
- Face Value
- 10.00
- Total Debt
- 3,24,706
- Net Working Capital
- -5,272
- Contingent Liabilities
- 4,092
- Book Value per Share
- 198.45
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 2,640
- 56,710
- -230
- Trade Payables
- 0
- 3,31,138
- Total Liabilities
- 3,90,258
- 80
- 16,084
- 0
- Cash & Bank
- 3,961
- 3,70,133
- Total Assets
- 3,90,258
- Total Debt
- 3,19,746
- Net Working Capital
- -1,130
- Contingent Liabilities
- 7,210
- Book Value per Share
- 224.80
- Face Value
- 10.00
- Total Debt
- 3,19,746
- Net Working Capital
- -1,130
- Contingent Liabilities
- 7,210
- Book Value per Share
- 224.80
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 2,640
- 65,562
- 3,684
- Trade Payables
- 13
- 3,68,901
- Total Liabilities
- 4,40,800
- 78
- 17,304
- 0
- Cash & Bank
- 1,618
- 4,21,799
- Total Assets
- 4,40,800
- Total Debt
- 3,62,188
- Net Working Capital
- -4,549
- Contingent Liabilities
- 2,599
- Book Value per Share
- 258.33
- Face Value
- 10.00
- Total Debt
- 3,62,188
- Net Working Capital
- -4,549
- Contingent Liabilities
- 2,599
- Book Value per Share
- 258.33
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 3,300
- 75,903
- 50,226
- Trade Payables
- 12
- 3,72,584
- Total Liabilities
- 5,02,026
- 76
- 20,220
- 0
- Cash & Bank
- 222
- 4,81,508
- Total Assets
- 5,02,026
- Total Debt
- 4,16,394
- Net Working Capital
- -49,491
- Contingent Liabilities
- 1,815
- Book Value per Share
- 240.00
- Face Value
- 10.00
- Total Debt
- 4,16,394
- Net Working Capital
- -49,491
- Contingent Liabilities
- 1,815
- Book Value per Share
- 240.00
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 3,300
- 87,637
- 58,862
- Trade Payables
- 8
- 4,25,019
- Total Liabilities
- 5,74,826
- 85
- 20,720
- 0
- Cash & Bank
- 6,758
- 5,47,263
- Total Assets
- 5,74,826
- Total Debt
- 4,75,515
- Net Working Capital
- -53,660
- Contingent Liabilities
- 1,696
- Book Value per Share
- 275.56
- Face Value
- 10.00
- Total Debt
- 4,75,515
- Net Working Capital
- -53,660
- Contingent Liabilities
- 1,696
- Book Value per Share
- 275.56
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 3,300
- 99,232
- 83,691
- Trade Payables
- 25
- 4,28,908
- Total Liabilities
- 6,15,156
- 99
- 20,718
- 0
- Cash & Bank
- 2,261
- 5,92,077
- Total Assets
- 6,15,156
- Total Debt
- 4,97,778
- Net Working Capital
- -84,950
- Contingent Liabilities
- 2,303
- Book Value per Share
- 310.69
- Face Value
- 10.00
- Total Debt
- 4,97,778
- Net Working Capital
- -84,950
- Contingent Liabilities
- 2,303
- Book Value per Share
- 310.69
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2,087 | -24,708 | -44,500 | -8,486 | -17,515 | 6,919 | -35,759 | -38,680 | -50,365 | -7,336 | |
| Cash from Investing | -475 | 1,428 | -13,820 | 16 | 881 | -211 | -714 | -1,473 | -935 | -535 |
| Cash from Financing | 1,475 | 23,775 | 58,092 | 8,343 | 20,169 | -9,705 | 35,774 | 40,153 | 51,301 | 8,927 |
| 3,087 | 495 | -228 | -128 | 3,535 | -2,997 | -699 | -0 | 0 | 1,056 | |
| Free Cash Flow | 2,085 | -24,708 | -44,502 | -8,531 | -17,527 | 6,910 | -35,768 | -38,685 | -50,378 | -7,348 |
| OCF / Net Profit | 0.98 | -5.63 | -6.40 | -1.50 | -2.07 | 0.69 | -3.08 | -2.69 | -2.90 | -0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -93,184 | -88,359 | -99,418 | -93,601 | -1,35,448 | -1,25,269 |
| OCF / Net Profit | 0.98 | -5.63 | -6.40 | -1.50 | -2.07 | 0.69 | -3.08 | -2.69 | -2.90 | -0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -93,184 | -88,359 | -99,418 | -93,601 | -1,35,448 | -1,25,269 |
Mar 2017
- 2,087
- Cash from Investing
- -475
- Cash from Financing
- 1,475
- 3,087
- Free Cash Flow
- 2,085
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
Mar 2018
- -24,708
- Cash from Investing
- 1,428
- Cash from Financing
- 23,775
- 495
- Free Cash Flow
- -24,708
- OCF / Net Profit
- -5.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.63
- Cumulative 5-Year FCF
- 0
Mar 2019
- -44,500
- Cash from Investing
- -13,820
- Cash from Financing
- 58,092
- -228
- Free Cash Flow
- -44,502
- OCF / Net Profit
- -6.40
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.40
- Cumulative 5-Year FCF
- 0
Mar 2020
- -8,486
- Cash from Investing
- 16
- Cash from Financing
- 8,343
- -128
- Free Cash Flow
- -8,531
- OCF / Net Profit
- -1.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.50
- Cumulative 5-Year FCF
- 0
Mar 2021
- -17,515
- Cash from Investing
- 881
- Cash from Financing
- 20,169
- 3,535
- Free Cash Flow
- -17,527
- OCF / Net Profit
- -2.07
- Cumulative 5-Year FCF
- -93,184
- OCF / Net Profit
- -2.07
- Cumulative 5-Year FCF
- -93,184
Mar 2022
- 6,919
- Cash from Investing
- -211
- Cash from Financing
- -9,705
- -2,997
- Free Cash Flow
- 6,910
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -88,359
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -88,359
Mar 2023
- -35,759
- Cash from Investing
- -714
- Cash from Financing
- 35,774
- -699
- Free Cash Flow
- -35,768
- OCF / Net Profit
- -3.08
- Cumulative 5-Year FCF
- -99,418
- OCF / Net Profit
- -3.08
- Cumulative 5-Year FCF
- -99,418
Mar 2024
- -38,680
- Cash from Investing
- -1,473
- Cash from Financing
- 40,153
- -0
- Free Cash Flow
- -38,685
- OCF / Net Profit
- -2.69
- Cumulative 5-Year FCF
- -93,601
- OCF / Net Profit
- -2.69
- Cumulative 5-Year FCF
- -93,601
Mar 2025
- -50,365
- Cash from Investing
- -935
- Cash from Financing
- 51,301
- 0
- Free Cash Flow
- -50,378
- OCF / Net Profit
- -2.90
- Cumulative 5-Year FCF
- -1,35,448
- OCF / Net Profit
- -2.90
- Cumulative 5-Year FCF
- -1,35,448
Mar 2026
- -7,336
- Cash from Investing
- -535
- Cash from Financing
- 8,927
- 1,056
- Free Cash Flow
- -7,348
- OCF / Net Profit
- -0.37
- Cumulative 5-Year FCF
- -1,25,269
- OCF / Net Profit
- -0.37
- Cumulative 5-Year FCF
- -1,25,269
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 8.05 | 16.62 | 26.34 | 21.42 | 31.98 | 37.96 | 43.96 | 43.54 | 52.58 | 60.76 |
| Book Value (₹) | 138.14 | 139.98 | 163.96 | 171.07 | 198.45 | 224.80 | 258.33 | 240.00 | 275.56 | 310.69 |
| Dividend per Share (₹) | 5.00 | 7.80 | 0.00 | 9.50 | 10.00 | 12.00 | 13.25 | 13.50 | 15.80 | 18.55 |
| Cash EPS (₹) | 6.46 | 13.31 | 21.09 | 17.16 | 25.62 | 30.41 | 35.22 | 43.59 | 52.64 | 60.83 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 80.83% | 87.81% | 100.22% | 90.09% | 88.53% | 90.58% | 94.51% | 97.97% | 96.87% | 95.52% |
| Net Margin % | 7.90% | 16.89% | 24.19% | 16.95% | 22.37% | 26.00% | 29.27% | 31.22% | 32.68% | 34.27% |
| ROE % | 5.89% | 11.95% | 17.33% | 12.79% | 17.31% | 17.94% | 18.20% | 19.49% | 20.40% | 20.73% |
| ROCE % | 9.15% | 9.03% | 9.64% | 8.84% | 9.21% | 9.23% | 9.25% | 9.86% | 9.74% | 9.93% |
| 0.84% | 1.64% | 2.26% | 1.62% | 2.26% | 2.58% | 2.79% | 3.05% | 3.22% | 3.37% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 5.55x | 6.20x | 6.66x | 6.71x | 6.20x | 5.39x | 5.31x | 5.26x | 5.23x | 4.85x |
| Interest Coverage (x) | 1.31x | 1.34x | 1.52x | 1.37x | 1.44x | 1.54x | 1.61x | 1.63x | 1.69x | 1.75x |
| 1.32x | 0.16x | 0.90x | 0.30x | 0.58x | 0.88x | 0.64x | 0.09x | 0.17x | 0.11x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -2.06% | -3.46% | 10.67% | 16.05% | 13.13% | 2.12% | 2.87% | 16.07% | 15.38% | 10.18% |
| Operating Profit Growth % | -14.88% | 4.87% | 26.32% | 4.32% | 11.17% | 4.48% | 7.33% | 21.90% | 13.23% | 12.09% |
| Net Profit Growth % | -65.22% | 106.30% | 58.50% | -18.67% | 49.32% | 18.69% | 15.80% | 23.80% | 20.78% | 15.56% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.96% | 20.78% | 15.56% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.96x | 7.88x | 6.25x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.63x | 1.50x | 1.22x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.46% | 3.81% | 4.89% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.93x | 11.71x | 10.71x |
Mar 2017
- EPS (₹)
- 8.05
- Book Value (₹)
- 138.14
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 6.46
- Operating Margin %
- 80.83%
- Net Margin %
- 7.90%
- ROE %
- 5.89%
- ROCE %
- 9.15%
- 0.84%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.55x
- Interest Coverage (x)
- 1.31x
- 1.32x
- Revenue Growth %
- -2.06%
- Operating Profit Growth %
- -14.88%
- Net Profit Growth %
- -65.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 16.62
- Book Value (₹)
- 139.98
- Dividend per Share (₹)
- 7.80
- Cash EPS (₹)
- 13.31
- Operating Margin %
- 87.81%
- Net Margin %
- 16.89%
- ROE %
- 11.95%
- ROCE %
- 9.03%
- 1.64%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.20x
- Interest Coverage (x)
- 1.34x
- 0.16x
- Revenue Growth %
- -3.46%
- Operating Profit Growth %
- 4.87%
- Net Profit Growth %
- 106.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 26.34
- Book Value (₹)
- 163.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 21.09
- Operating Margin %
- 100.22%
- Net Margin %
- 24.19%
- ROE %
- 17.33%
- ROCE %
- 9.64%
- 2.26%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.66x
- Interest Coverage (x)
- 1.52x
- 0.90x
- Revenue Growth %
- 10.67%
- Operating Profit Growth %
- 26.32%
- Net Profit Growth %
- 58.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 21.42
- Book Value (₹)
- 171.07
- Dividend per Share (₹)
- 9.50
- Cash EPS (₹)
- 17.16
- Operating Margin %
- 90.09%
- Net Margin %
- 16.95%
- ROE %
- 12.79%
- ROCE %
- 8.84%
- 1.62%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.71x
- Interest Coverage (x)
- 1.37x
- 0.30x
- Revenue Growth %
- 16.05%
- Operating Profit Growth %
- 4.32%
- Net Profit Growth %
- -18.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 31.98
- Book Value (₹)
- 198.45
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 25.62
- Operating Margin %
- 88.53%
- Net Margin %
- 22.37%
- ROE %
- 17.31%
- ROCE %
- 9.21%
- 2.26%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.20x
- Interest Coverage (x)
- 1.44x
- 0.58x
- Revenue Growth %
- 13.13%
- Operating Profit Growth %
- 11.17%
- Net Profit Growth %
- 49.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 37.96
- Book Value (₹)
- 224.80
- Dividend per Share (₹)
- 12.00
- Cash EPS (₹)
- 30.41
- Operating Margin %
- 90.58%
- Net Margin %
- 26.00%
- ROE %
- 17.94%
- ROCE %
- 9.23%
- 2.58%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.39x
- Interest Coverage (x)
- 1.54x
- 0.88x
- Revenue Growth %
- 2.12%
- Operating Profit Growth %
- 4.48%
- Net Profit Growth %
- 18.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 43.96
- Book Value (₹)
- 258.33
- Dividend per Share (₹)
- 13.25
- Cash EPS (₹)
- 35.22
- Operating Margin %
- 94.51%
- Net Margin %
- 29.27%
- ROE %
- 18.20%
- ROCE %
- 9.25%
- 2.79%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.31x
- Interest Coverage (x)
- 1.61x
- 0.64x
- Revenue Growth %
- 2.87%
- Operating Profit Growth %
- 7.33%
- Net Profit Growth %
- 15.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 43.54
- Book Value (₹)
- 240.00
- Dividend per Share (₹)
- 13.50
- Cash EPS (₹)
- 43.59
- Operating Margin %
- 97.97%
- Net Margin %
- 31.22%
- ROE %
- 19.49%
- ROCE %
- 9.86%
- 3.05%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.26x
- Interest Coverage (x)
- 1.63x
- 0.09x
- Revenue Growth %
- 16.07%
- Operating Profit Growth %
- 21.90%
- Net Profit Growth %
- 23.80%
- -0.96%
- P/E (x)
- 8.96x
- P/B (x)
- 1.63x
- Dividend Yield %
- 3.46%
- 11.93x
Mar 2025
- EPS (₹)
- 52.58
- Book Value (₹)
- 275.56
- Dividend per Share (₹)
- 15.80
- Cash EPS (₹)
- 52.64
- Operating Margin %
- 96.87%
- Net Margin %
- 32.68%
- ROE %
- 20.40%
- ROCE %
- 9.74%
- 3.22%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.23x
- Interest Coverage (x)
- 1.69x
- 0.17x
- Revenue Growth %
- 15.38%
- Operating Profit Growth %
- 13.23%
- Net Profit Growth %
- 20.78%
- 20.78%
- P/E (x)
- 7.88x
- P/B (x)
- 1.50x
- Dividend Yield %
- 3.81%
- 11.71x
Mar 2026
- EPS (₹)
- 60.76
- Book Value (₹)
- 310.69
- Dividend per Share (₹)
- 18.55
- Cash EPS (₹)
- 60.83
- Operating Margin %
- 95.52%
- Net Margin %
- 34.27%
- ROE %
- 20.73%
- ROCE %
- 9.93%
- 3.37%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 4.85x
- Interest Coverage (x)
- 1.75x
- 0.11x
- Revenue Growth %
- 10.18%
- Operating Profit Growth %
- 12.09%
- Net Profit Growth %
- 15.56%
- 15.56%
- P/E (x)
- 6.25x
- P/B (x)
- 1.22x
- Dividend Yield %
- 4.89%
- 10.71x
Documents
Announcements
- General Updates
2026-08-14 - Newspaper Publication-Financial Results
- General Updates
2026-08-12 - Newspaper Publication in respect of Notice of 40th Annual General Meeting & e-voting information
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Nov 2025
Jul 2025